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Tech Funding, M&A, IPOs & Layoffs

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  1. Electronic Arts lays off 400 employees and closes legendary RPG studio BioWare

    Innovation Village | Technology, Product Reviews, Business ·

    Following its transition to a private company and the assumption of $20 billion in debt, Electronic Arts (EA) has initiated a sweeping corporate restructuring. The overhaul includes a 3% reduction in its global workforce, impacting...

  2. Flapping Airplanes raises $1bn

    Electronics Weekly ·

    Flapping Airplanes, a one year-old San Francisco AI neolab, has raised $1 billion at a $6 billion valuation before it has put a product on the market. ‘Neolab’ denotes an […] The post Flapping Airplanes raises $1bn appeared first on...

  3. Chapter Home raises Rs 63 Cr in a mix of equity and debt

    YourStory RSS Feed ·

    Chapter Home, a home and kitchen consumer brand, has raised Rs 63 crore through a mix of equity and debt at a valuation of nearly Rs 1,000 crore. The funding round saw participation from Bessemer Venture Partners, Stride Ventures,...

  4. Chapter Homes Bags ₹63 Cr To Build Home & Kitchen Tech Brands

    Inc42 Media ·

    Omnichannel furniture and home furnishings brand Chapter Homes has raised ₹63 Cr ($6.6 Mn) in a strategic funding round through a mix of debt and equity. The fundraise valued the startup at nearly ₹1,000 Cr (around $106 Mn). The round...

  5. CureBay raises Rs 100 Cr in Pre-Series C round led by IvyCap Ventures

    YourStory RSS Feed ·

    Rural healthcare platform CureBay has raised Rs 100 crore in a Pre-Series C funding round led by IvyCap Ventures. The round includes Rs 69 crore in equity from IvyCap Ventures and existing investors, along with over Rs 30 crore in debt...

  6. Skullcandy’s got a new ‘Bose’ to answer to

    Android Authority ·

    Credit: SoundGuys TL;DR Bose has acquired Skullcandy, bringing the popular lifestyle audio brand under its wing. Skullcandy will remain a separate brand, and Bose plans to give it access to its audio technology and global distribution....

  7. States Continue to Make Progress on EV Charging Infrastructure

    CleanTechnica ·

    Sierra Club Urges Congress to Reauthorize EV Charging Program in Upcoming Funding Deal WASHINGTON, D.C. — The national electric vehicle (EV) charging network is making tangible progress: Texas recently awarded $226 million for 321 new...

  8. Eternal’s Q2 Profit Run, Jio IPO Day 1 & More

    Inc42 Media ·

    Eternal’s Q2 Profit Surge Eternal continued to fire on all cylinders in Q2 FY27. Besides improving margins and the profit surge, the quarter also saw Blinkit accelerate its dark store network, Zomato regain its pace and Hyperpure turn...

  9. Karta AI Raises $3 Mn To Automate Inbound Calls For BFSI Players

    Inc42 Media ·

    Agentic AI startup Karta AI has raised $3 Mn (around ₹28 Cr) in a seed funding round led by PeerCapital and Cedar Hill Capital. The round also saw participation from Wyser VC, CDM Capital and Seedstars. The startup intends to use the...

  10. eBay to cut 9% of workforce, eliminating around 1,000 jobs

    Latest InfoTech News, IT, Information Technology News | The HinduBusinessLine ·

    The online marketplace is refocusing its business on high-growth segments, including luxury goods, collectibles and refurbished products, amid ongoing restructuring

  11. WiiM Bar review: a worthy Sonos rival?

    TechRadar ·

    Harry is a Senior Reviews Writer for TechRadar. He reviews everything from party speakers to wall chargers and has a particular interest in the worlds of audio and gaming. Prior to joining TechRadar, Harry was a journalist covering...

  12. OpenAI’s models are deliberately breaking their misalignment monitoring systems

    AI coding token costs are on track to rival human payroll | InfoWorld ·

    AI agents are getting more inventive in finding ways to circumvent safeguards to prevent bad behavior, OpenAI has revealed. On Tuesday, it reported two incidents, both involving the agent disabling or interfering with its alignment...

  13. Meta Slams New Mexico Business Climate After $25 Billion Verdict

    PYMNTS.com ·

    Meta’s chief legal officer said Wednesday (Oct. 21) that it is “all but impossible to do business” in New Mexico after a court ordered the company to pay $25 billion in a case brought by the state’s attorney general. The case brought by...

  14. Nutanix Founder Ajeet Singh Floats New AI Martech Startup Different

    Inc42 Media ·

    Serial e ntrepreneur Ajeet Singh, who previously cofounded unicorns such as Nutanix and ThoughtSpot, has announced the launch of his third venture, called Different. Emerging out of stealth mode, the AI-powered martech startup has now...

  15. Booking.com Probe Exposes Travel Fraud Beyond Checkout

    PYMNTS.com ·

    A traveler who has booked a real hotel can receive a fraudulent request containing the correct arrival date and reservation number. Criminals can use those details to demand payment information, warning that the room will otherwise be...

  16. Meta to create a new class of shares to fund AI push

    The Verge ·

    Meta says it's issuing a new class of shares to fund its AI initiatives. As part of its third-quarter earnings report released on Wednesday , the company says the non-voting stock will also go toward potential acquisitions and employee...

  17. Meta to pay $25B in New Mexico case over misleading Facebook users

    TNW ·

    A New Mexico judge has ordered Meta to pay a $25B civil penalty for misleading Facebook users about privacy and hate speech, Bloomberg reported. A jury found more than 43 million violations of state law in September. The state wanted up...

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