A business journalist delivering the latest news, updates, and industry insights from the business ecosystem. Have anything interesting to share on our site? Reach out at story@startuptalky.com
Massive layoffs have taken place at the Washington Post, a news organisation with a rich history and considerable influence in the US. As part of a massive reorganisation that has abolished entire divisions, the newspaper fired about a third of its employees on 4 February. And as a result of
As part of its ongoing staff realignment efforts, aerospace giant Boeing intends to cut 300 supply chain positions in its military division. Affected employees will be notified this week. The layoffs would affect multiple locations across the US. Large firms across sectors are cutting back on staff and are looking
Juleo, an online matchmaking platform, has ceased operations. After failing to get additional funding, the startup's cofounder Varun Sud announced on LinkedIn that the company is "pausing" its services. Sud boasted that the company had created a fraud-proof AI matchmaker, identified the product-market fit, and helped
Dylan Scandinaro, a member of the Anthropic technical team, has been named Head of Preparedness at ChatGPT developer OpenAI. This recent development was announced by CEO Sam Altman on 4 February. The firm will soon be dealing with very strong models, according to Altman, and they will need corresponding protections.
Google's parent company, Alphabet, is planning to take up a huge office block in Bengaluru in order to expand its operations in India. This might result in the creation of as many as 20,000 new jobs. This decision is made in light of the fact that American
Citizens and Infosys, a consulting and digital services firm for the future, have just announced their partnership. The Citizens Bank is among the most ancient and massive American financial organisations. With the help of Infosys, the bank's AI-first Innovation Hub will be launched in Bengaluru, India. Accelerating AI-driven
Elon Musk is signalling a change of guard within his corporate empire with his intention to merge SpaceX with his money-burning artificial intelligence startup xAI. Musk owes a great deal of his fame and fortune to Tesla. However, after the merger on 2 February, SpaceX's reported private market
To combat the country's dismal sales performance, electric vehicle (EV) giant Tesla India announced a number of new efforts, including an EMI programme, on February 3. Electric vehicles are replacing petrol and diesel vehicles, and Tesla is giving a 3 lakh Indian rupee (INR) exchange bonus to clients
A strategic alliance to create an integrated ecosystem in India for the manufacturing of helicopters was launched on 3 February by the Adani Group and the Italian major Leonardo. This will greatly assist the 'Make in India' initiatives and the goal of increasing India's self-sufficiency. Increasing
Prime Minister Narendra Modi and US President Trump, have given the electronics industry hope for more stable policies. Although the specifics of the long-awaited trade agreement between the two countries are still murky, as are its effects on tariffs imposed on some industries. According to Trump, he and Modi have
On February 3, the Supreme Court strongly cautioned Meta Platforms, a multinational technology corporation, and its messaging service WhatsApp. SC stated that, according to WhatsApp's privacy policy for 2021, they are not permitted to disclose user data for advertising reasons. Meta was informed that the continuation of the
Talks are underway between the promoters of mid-sized competitor Mastek and IT giant Zensar Technologies to purchase an 18% to 20% share. Although negotiations have not yet concluded, the value of the potential acquisition is believed to be more than $200 million and may perhaps reach $400 million. The long-planned
Reportedly, talks are underway between UPI and Ant International's Alipay+, a cross-border digital payment system, to facilitate UPI's continued international expansion by the Indian government and the Reserve Bank of India (RBI). Tourists from India would be able to use UPI with Alipay+-registered merchants abroad
As part of its massive reorganisation, the Chan Zuckerberg Initiative laid off several employees at the beginning of 2026. Layoffs were made in order to redirect resources to biomedical research that makes use of artificial intelligence. Mark Zuckerberg and his wife Dr Priscilla Chan established the charitable foundation CZI. A
In preparation for its initial public offering (IPO) in India, roll-up commerce business BRND.ME plans to move its headquarters from Singapore to India by March. It will be done once the firm completes a critical regulatory challenge. Swaggy, Instamart, and Zepto are private label powerhouses, but CEO Ananth Narayanan
India has recently taken a daring move in the quest for global AI infrastructure. Cloud service firms based in India that manage global workloads would be eligible for a tax break until 2047, according to Finance Minister Nirmala Sitharaman. Income from services offered abroad is effectively tax-free. Microsoft, Amazon, and
United States banks are pulling back from funding Oracle's expansion of its artificial intelligence data centres, so the business is contemplating laying off 20,000 to 30,000 workers and selling off some of its operations. According to TD Cowen's research, the elimination of jobs would
According to a letter sent to Tata Trusts chairman Noel Tata, Pramit Jhaveri will resign as a trustee of the Sir Dorabji Tata Trust at the conclusion of his current tenure on February 11, 2026. Jhaveri stated in his letter dated January 31 that he declined to be considered for
Finance Minister Nirmala Sitharaman disclosed a Rs 40,000 crore allocation for semiconductors during the presentation of the Union Budget 2026 today. The 'India Semiconductor Mission 2.0' was announced by the Finance Minister in order to leverage the momentum of the semiconductor mission. Sitharaman stated that the
Along with a senior Siri executive, Apple Inc. has lost at least four additional AI researchers in recent weeks. The employees have left for companies like Google DeepMind and Meta Platforms Inc. Yinfei Yang, Haoxuan You, Bailin Wang, and Zirui Wang are among the most recent departures. According to various
As part of cost-cutting efforts, fitness technology business Peloton Interactive Inc. has laid off 11% of its workforce, with engineering teams accounting for the majority of the layoffs. On January 30, Peter Stern, Peloton's CEO since 2025, informed staff members of the layoffs. The impacted engineers worked on
Ola Electric, based in Bengaluru, announced on 30 January that it would lay off about 5% of its employees as part of a reorganisation meant to increase automation and boost profitability. An electric two-wheeler manufacturer financed by SoftBank has said that it is "doubling down" on discipline and
ITC Group plans to launch a number of packaged foods with a focus on freshness. From cookies and cakes to chutneys and namkeens, it will be accessing its food-tech platform as it sharpens its push into premium items. Through its food-tech cloud kitchens, the corporation is quietly establishing a portfolio
From at least two local bidders, Prudential Financial Inc.'s India asset manager has received proposals. State Street Investment Management-backed Groww Asset Management Ltd and Edelweiss Asset Management have filed offers for PGIM India Asset Management Pvt Ltd, as per the current media reports. After witnessing little significant growth