Tiyashi Datta
Stories by Tiyashi Datta
EV firm Lordstown plans to sue Foxconn over funding dispute
Foxconn currently holds a little over 8% in the company.
Amazon deepens tech sector gloom with another 9,000 layoffs
The latest cuts focus on Amazon's highly-profitable cloud and advertising divisions.
Amazon CEO doubles down on struggling grocery store business
Jassy said the company is ready to 'go big' on bricks-and-mortar stores.
Yahoo to lay off more than 20% of its total workforce
Yahoo is owned by PE firm Apollo Global Management since a $5b buyout in 2021.
‘Angry Birds’ maker Rovio gets sweetened $738m offer from Israel’s Playtika
The offer values each share of Rovio at 9.05 euros.
Chinese electric automaker Nio hit by data breach
The hackers had sent an email to the electric carmaker demanding $2.25 million worth of bitcoin.
Sea reportedly laid off 10% workforce in last six months
The South Asian e-commerce and gaming firm is said to have fired over 7.000 employees.
Adobe suffers market rout after $20b bid to buy cloud-based designer platform Figma
The deal marks a major win for Figma's VC backers including Index Ventures, Greylock Partners, and Kleiner Perkins.
Alibaba sees flat revenue growth for first time as China’s lockdowns bite
The slowdown adds to challenges facing China’s e-commerce giant
NGOs ask Musk to not invest in Indonesia’s nickel industry over environmental concerns
Indonesia's President Widodo is keen to develop a nickel-based EV industry at home.
