Ex-Tesla Employees admits stealing confidential documents – Top Trending News

1 Ex-Tesla Employees admits stealing confidential documents Ex Tesla Employees have reportedly admitted of stealing confidential documents. This shocking admission was fallout of lawsuit settlement between Tesla and self-driving startup Zoox. Zoox has reportedly confessed that four of its employees did take confidential documents from their previous employer Tesla. According to reports, Zoox…

ByGirish ShettiApril 16, 20200Comments

Not Just Startups

Facebook Launches an Experimental App for Couples – Top Trending News

Here are the top 5 trending news from the world of technology 1 Facebook launches an experimental app for couples Facebook surprised everyone on Tuesday by launching a new app completely dedicated to ‘couples.’ The app is called ‘Tuned.’ Nope, it is not a dating app but an app that is meant…

ByGirish ShettiApril 8, 20200Comments

News

SoftBank Forsakes WeWork’s $3 Bn Stock Deal

SoftBank has decided to pull the plug on WeWork’s bailout deal, after the latter announced on Thursday that SoftBank won’t be buying $3 Bn WeWork shares from its existing shareholders. Image Courtesy - Flickr The news comes as a major setback for WeWork’s existing shareholders including former CEO Adam Neumann, since they were hoping to earn handsome…

ByGirish ShettiApril 2, 20200Comments

Not Just Startups

Hackers Cause Limited Attack on Microsoft Devices – Top Trending Stories

Here are top 5 trending and hapenning stories from the world of technology. 1 Microsoft reveals new Vulnerabilities in Windows… but don’t panic On Monday Microsoft brought to the fore a new remote code execution vulnerability. A report published in The Verge claims that if hackers were to exploit this vulnerability then millions…

ByGirish ShettiMarch 24, 20200Comments

Not Just Startups

SoftBank Backing out from WeWork Buyback Commitment – Top Trending news

Today’s top trending news touches on SoftBank, Sony PS5, Fox, Tesla and Facebook 1 SoftBank is backing out from buyback commitment given to WeWork Shareholders Image Credits: Flickr STUART ISETT/Fortune Brainstorm TECH According to Wall Street Journal, SoftBank is likely to back out from its commitment to buy $3Bn worth of shares from…

ByGirish ShettiMarch 18, 20200Comments

Funding News

Weekly Startup Funding: Investors Finally open up their Coffers

This week the startup funding activities finally got a decisive boost as investors finally decided to overcome their docile mood and open up their coffers. SoftBank backed FirstCry raised this week's biggest funding round... As a result, the week saw some big ticket funding to round up to what is presumably the best funding week so far…

ByGirish ShettiFebruary 15, 20200Comments

News

SoftBank and Tiger Global may become part of Govt’s Startup Advisory Panel: Report

Few weeks back it was reported that Indian government is seriously mooting the idea of setting up an advisory panel that will be dedicated towards fostering the growth of the Indian startup ecosystem. According to Economic Times (ET), the panel would include CEOs and co-founders of some of the most high profile Indian startups including…

ByGirish ShettiJanuary 30, 20200Comments

Funding News

SoftBank’s Second Vision Fund is Searching for new Avenues for Investment

SoftBank’s first vision fund sent shock waves across the global startup world with its unusually high bets on tech startups that are yet to demonstrate any sizable revenue and profits. It is quite another thing that few of its high profile bets have failed to fire, including the co-working giant WeWork that is now struggling…

ByGirish ShettiOctober 28, 20190Comments

News

Coworking Startup WeWork all set to Secede Complete Control to SoftBank

It seems that SoftBank’s rescue operation to rescue crisis laden co-working giant WeWork is now reaching the final stage. According to reports, SoftBank has initiated talks to take complete control of the San Francisco based company. The Japanese tech congloromate is planning to spearhead a new funding round of $4-5 Bn that will eventually increase…

ByGirish ShettiOctober 23, 20190Comments

News

SoftBank readies a rescue plan for Co-working Startup WeWork

SoftBank Group is on a damage control mode to rescue co-working giant WeWork (one of its high-profile portfolio companies) from imminent collapse. According to Wall Street Journal, SoftBank is giving final touches to a financial package that will infuse fresh capital in the shared office company. Image Source: Flickr Japanese tech conglomerate’s fresh capital infusion will help…

ByGirish ShettiOctober 14, 20190Comments

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