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Business - Page 109

Microsoft cuts 1,000 jobs

Microsoft has reportedly shut its “Digital Sales and Success” group, a sales and customer service team….reports Asian Lite News Microsoft has reportedly reduced its workforce further by 1,000 over the past week,
21 July 2023

Dry season in Startup funding

As funding plummets, startups are hunkering down, reducing burn rate and expediting their path to profitability…reports Asian Lite News While the Indian startup ecosystem experienced a sharp funding peak during FY22 reaching
19 July 2023

Styched acquires Flatheads

The deal, structured as an all-equity transaction, represents Styched’s foray into the footwear segment…reports Asian Lite News Fashion e-commerce company Styched on Monday said it has acquired Flatheads, a direct-to-customer (D2C) online
18 July 2023

Musk’s SpaceX eyes India

This year, the company had already put more than 1,000 satellites in orbit till June, Nikkei Asia reported on Monday…reports Asian Lite News Elon Musk-run SpaceX now controls 60 per cent share
18 July 2023
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