Business

Byju’s has cleared all its dues to Blackstone by paying $234 million it owed the global investment giant for the $1 billion acquisition of Aakash, a source familiar with the matter told TechCrunch, addressing one of the criticisms leveled against the Indian edtech giant in recent months. The Bengaluru-headquartered startup, valued at $22 billion, had …

Byju’s clears $230 million payment to Blackstone for $1 billion Aakash deal • TechCrunch Read More »

An energy crisis the likes of which hasn’t been seen in decades is unfolding around the world. The Russian invasion of Ukraine in February of this year created a ripple effect in global markets. Western nations that once relied on energy supplies from Russia—the world’s second largest natural gas producer and third largest petroleum producer—condemned …

Europe energy crisis could get much worse and cause high consumer bills, economic slowdown and social unrest Read More »

GM employees who have been working remotely due to the pandemic will be required to return to the office at least three days a week, starting later this year, the automaker confirmed Friday. An internal message to employees, first obtained by Automotive News and confirmed by GM on Friday, attributed the shift in GM’s Work …

GM workers will return to office at least 3 days a week Read More »

updated Challenged by questions about Google’s cost-cutting at an internal meeting, Alphabet billionaire CEO Sundar Pichai reportedly reassured employees about the internet giant’s financial belt tightening by insisting that workplace fun doesn’t have to be about money. CNBC obtained an audio recording of a Google town-hall staff meeting, held in New York, and reports that …

Google CEO tells staff not to ‘equate fun with money’ • The Register Read More »

At the close of business yesterday, there was hope. Well, to be fair, there’s still hope, but it’s much less immediate, and it certainly isn’t the first thing that comes to mind today. Yesterday’s hope stemmed from a combination of factors. Rates had risen at a break-neck pace since the beginning of August, accelerating to …

Heartbreaking Day Leaves Mortgage Rates Much Higher Than 6.29% Read More »