SoftBank-backed View Inc. has faced regulatory challenges for over a year and a half, culminating in a recent settlement with the Securities and Exchange Commission (SEC). Despite this settlement, the company continues to grapple with financial difficulties and operational uncertainties, marking a stark contrast from its previous status as an investor darling. Regulatory Troubles View […]
Elon Musk and Grimes, after a tumultuous legal battle over custody of their children, seem to have reconciled, as evidenced by their recent friendly exchange on Musk’s social media platform, X. Grimes shared a clip from a video game where a character she voices performs onstage, prompting Musk to respond positively to the concept. This […]
Elon Musk has acknowledged using two secret alternate accounts on X, shedding light on his social media activities beyond his main public account. Musk clarified his usage of these accounts during a deposition for a lawsuit against him, where he addressed questions about his presence on the platform outside of his primary account. One of […]
Unicommerce, a Software as a Service (SaaS) platform backed by Softbank, has reported a significant 50% growth in revenue for the financial year 2023. Kapil Makhija, CEO of Unicommerce, stated that this growth was primarily fueled by the acquisition of new clients and the platform’s expansion into international markets. According to Makhija, Unicommerce has achieved […]
Electric vehicle startup Simple Energy has announced raising USD 20 million (approximately ₹165 crore) from a group of investors as part of its ongoing Bridge round. The funds will be allocated in phases to enhance production of the company’s debut e-scooter, Simple ONE, which has yet to be delivered to customers despite 18 months since […]
Elon Musk recently admitted that his social media activity may have adversely affected the financial performance of X, the platform he acquired in 2022. During a deposition for a lawsuit against him, Musk conceded that his posts on X might have harmed the company’s bottom line more than they helped it. He clarified that his […]
Embracing Technological Advancements In a keynote address at the Indo-Singapore Judicial Conference, Chief Justice of India DY Chandrachud underscored the pivotal role of technology, particularly Artificial Intelligence (AI), in reshaping legal research and the judiciary. He emphasized the significance of ethical considerations in the seamless integration of technology into legal frameworks. Promoting Cross-Cultural Exchange Chandrachud […]
SCOPE, an exclusive networking platform for startups, has announced the establishment of a USD 45 million venture capital fund dedicated to driving innovation in the rapidly evolving fintech and gaming sectors. This strategic move underscores SCOPE’s dedication to fostering innovation, collaboration, and growth within the startup community. Focusing on Innovation The newly launched venture capital […]
Challenging Musk’s Assertions CEOs are challenging Elon Musk’s bold predictions about the future of artificial intelligence (AI), offering multimillion-dollar bets to prove him wrong. During a live interview on X, formerly Twitter, Musk asserted that AI is advancing at an unprecedented pace, foreseeing that AI could surpass human intelligence by the end of next year. […]
One of the standout moments from Season 1 of Shark Tank India was the presentation of Navel Fukai, aka the Belly Button Shaper, a rather peculiar product that failed to garner support from the panel. In Season 2, a similar fate befell SAS Fat to Slim, a weight-loss startup that faced unanimous criticism from the […]
Laura Ferreira
