Sequoia Capital Downsizes Cryptocurrency Fund Amid Market Volatility Sequoia Capital, the tech-focused venture capital firm, has reportedly downsized its cryptocurrency fund from $585 million to $200 million due to market volatility. The decision to reduce the Sequoia Crypto Fund was communicated to investors in March. Despite the downsizing, the firm highlights its track record of …
Delhi High Court Puts a Halt on Income Tax Department’s Reassessment Proceedings Against Flipkart Marketplace In a significant development, the Delhi High Court has stepped in to put a stop to the Income Tax Department’s reassessment proceedings initiated against Flipkart Marketplace, the prominent ecommerce company’s marketplace arm. The central issue in question pertains to a …
Former Byju’s Employee Reveals ‘Toxic’ Work Culture and Allegations of Unfair Treatment A heartfelt LinkedIn video posted by Akansha Khemka, a former employee of Byju’s, has drawn attention to the purported ‘toxic’ work culture prevailing at the renowned education technology company. In the emotional video, Khemka raised concerns about her termination and shared her experiences …
Apple CEO Tim Cook’s Surprising Rejection of Apple Card Access Triggers Speculation In a surprising twist, Apple CEO Tim Cook faced an unexpected obstacle when he was denied access to Apple’s very own credit card, the Apple Card, in August 2019. The decision was based on concerns raised by credit bureaus regarding potential impersonation risks, …
Disney+ Hotstar to Implement Four-Device Login Policy to Tackle Password Sharing in India Disney+ Hotstar, a leading player in India’s streaming market, is set to implement a four-device login policy as part of its efforts to tackle password sharing among premium users. The move comes as India’s streaming industry gains significant importance, with projections indicating …