Here are the top trending stories from the world of technology. News that we feel every tech enthusiast should keep a tab on.
1)
Apple starts laying off employees amid stern warning by Google
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According to Bloomberg, Apple has sacked nearly 100 contract based recruiters. Although the current lay off is restricted…
Ola Electric, the electric unit of ride-hailing company ola, announced on Monday that it has raised $200 in a new funding round. Tekne Private Ventures, Alpine Opportunity Fund, Edelweiss and others participated in the round. Ola’s sister company raised the new funding round at a valuation of $5 Bn. The company had raised a similar…
Ola Electric makes for a very interesting read-up in India’s fast blazing and dynamic startup industry. Like many unicorn startups, the Bhavish Aggarwal promoted startup proudly wears its unicorn tag on its sleeves and counts Softbank among other marquee investors. But this high-profile startup is yet to deliver a single product to the customer, let…
Ride hailing major Ola’s Chief Financial Officer (CFO) Swayam Saurabh and Chief Operating Officer (COO) Gaurav Porwal are all set to leave the company. According to Money Control, both high profile executives resigned from their posts last week. Ola has so far not officially commented on this news report.
The exit of top executives…
Ola Electric, the electric unit of ride-hailing company Ola, has acquired Amsterdam based Electric Scooter manufacturer Etergo. The acquisition will give a major push to Ola Electric’s ambition to manufacture its own two-wheeler electric scooter globally by next year.
Ola did not disclose the financial details about the deal and hence the exact value of the…
