Take Action Now to Protect Your Business From a Recession With These 4 Strategies
Business owners can implement these practical measures now to help their businesses grow, even before a recession is officially declared.
Opendoor’s India exit is fueling a bigger conversation about AI and outsourcing
The decision comes as India emerges as the world’s largest GCC market.
Others
Ford expects EV business unit to lose $3B this year
Any question of what business sector is — and is not — profitable at Ford is no longer a mystery. Ford lost about $3 billion on its EV and digital services business over the past two years, a unit now known as Model e, and isn’t expected to be profitable (on an adjusted basis) until […]
Ford expects EV business unit to lose $3B this year by Kirsten Korosec originally published on TechCrunch
Accenture to cut 19,000 jobs
Tech consultancy giant Accenture plans to cut 19,000 jobs, or 2.5% of its workforce, and has lowered its annual revenue and profit forecasts, becoming the latest behemoth to trim expenses in the wake of dwindling global economic conditions. The job cuts, over half of which affects individuals in non-billable corporate functions, will be undertaken in […]
Accenture to cut 19,000 jobs by Manish Singh originally published on TechCrunch
Reselling marketplace Kream’s valuation rises to $742M with $168M Series C
The startup funding environment is more challenging right now, but some companies and industries still draw investors’ attention and money. The luxury fashion resale market is one of them in Asia. Kream, a reselling platform that buys, sells and trades luxury goods like handbags, clothing, accessories, said it has completed $168 million (220.6 billion won) […]
Reselling marketplace Kream’s valuation rises to $742M with $168M Series C by Kate Park originally published on TechCrunch
Rwazi to scale its market intelligence platform backed by $4 million seed funding
In emerging markets like Africa, offline retail dominates most product sales, driven by informal trade, and cash-based transactions. This makes the sourcing of data on the true market value or sizes of products a herculean task. Yet, local and international brands require data, for instance, on market size and value, consumer profiles and their purchasing […]
Rwazi to scale its market intelligence platform backed by $4 million seed funding by Annie Njanja originally published on TechCrunch
YouTube shutting down Indian social commerce app Simsim
YouTube is shutting down its live social commerce app Simsim less than two years after acquiring the Indian startup but insists that it’s committed to building “a seamless shopping experience for viewers and supporting creators’ businesses.” Simsim helped small businesses in India transition to e-commerce by leveraging the rising popularity of video and creators. The […]
YouTube shutting down Indian social commerce app Simsim by Manish Singh originally published on TechCrunch
India government-backed open e-commerce network expands to mobility
Open Network for Digital Commerce, the Indian government-backed initiative that is attempting to “democratize” e-commerce, has set its eyes on another industry it would like to disrupt. ONDC, a nonprofit firm set up by India’s commerce ministry in 2021, will open up its railroads to serve mobility firms, it said at a press conference in […]
India government-backed open e-commerce network expands to mobility by Manish Singh originally published on TechCrunch
Ex-Flipkart exec’s Flash app wants to be an inbox for your e-commerce needs
Email inboxes are tricky tools because over time they become hard to manage and users have to spend a lot of time searching for what they are trying to find. And if you have been using one email address everywhere, it’s also painful to change that at a later stage. Email tools often fail to […]
Ex-Flipkart exec’s Flash app wants to be an inbox for your e-commerce needs by Ivan Mehta originally published on TechCrunch
WhatsApp introduces a new Windows client with better calling features
WhatsApp announced a new Windows client today with performance improvements and better calling features. The new version also supports multi-device sync so you can use WhatsApp even if your phone is switched off. Mark Zuckerberg posted on his Instagram Channel about the announcement saying that the new Windows app enables end-to-end encrypted group calling. The […]
WhatsApp introduces a new Windows client with better calling features by Ivan Mehta originally published on TechCrunch
Jake Paul and Lindsay Lohan Fined $400,000 for ‘Illegally Touting’ Crypto
The SEC just disclosed that eight celebrities agreed to a massive settlement without admitting guilt.