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Category: Startups

Silicon Valley Companies Are Introducing Pay Cuts For Employees Who Choose To Work Remotely From Smaller Cities And Towns

September 13, 2020October 19, 2020 OfficeChai Team

When tech workers had first realized that remote work was going to be the new normal, the possibilities had seemed endless — it…

Reliance Could Sell Up To 40% Of Stake In Retail Arm To Amazon, Stock Jumps 7%

September 10, 2020 OfficeChai Team

At this point, Reliance isn’t just India’s premier telecom and retail company. It now seems to be positioning itself to become the gateway…

Govt Looking To Create Online Delivery Platform For Street Food Vendors: PM Modi

September 9, 2020September 9, 2020 OfficeChai Team

India’s food-tech sector has been routed by the coronavirus — nearly 10 percent of restaurants have already shut down, and another 30 percent…

Netflix CEO Reed Hastings Calls Remote Work “A Pure Negative”, Says People Will Return To Offices After Lockdown

September 8, 2020 OfficeChai Team

All manner of companies and startups have been embracing the remote work concept that was necessitated by the coronavirus lockdowns — tech giants…

Softbank Was The “Nasdaq Whale” That Caused Rally In US Tech Stocks By Buying Options: Report

September 5, 2020September 5, 2020 OfficeChai Team

Softbank has often been thought of responsible for pumping up the valuations of Indian startups — by buying up large stakes in companies…

Paytm’s Losses Narrow 37% In FY19, Revenue Rises By 1.4%

September 4, 2020 OfficeChai Team

Indian startups are beginning to rein in their losses, which had been spiraling out of control for the longest time. Paytm has narrowed…

Zoom’s Revenue Rises An Astonishing 355% Over Last Year, CEO’s Wealth Rises By $4.2 Billion As Stock Spikes

September 3, 2020 OfficeChai Team

The coronavirus hasn’t come as good news for most companies — theatres, ride hailing startups, and events companies are all suffering. But the…

Unacademy Raises $150 Million From Softbank At $1.45 Billion Valuation, Enters Unicorn Club

September 2, 2020 OfficeChai Team

The coronavirus lockdown has devastated several different kinds of businesses — the hospitality sector, theatres, and events companies have all been hard hit….

Elon Musk’s Neuralink Shows Off Its Brain Implants In Pigs In Remarkable New Demo

August 29, 2020 OfficeChai Team

It’s 2020, and keeping up with how other things have been this year, tech demos aren’t quite the same either. Elon Musk today…

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