Hello, Amid the frenetic news of tech stocks, it is easy to miss out on the struggles of a legacy company—Warner Bros. Discovery. The US entertainment group has reported a quarterly net loss of , way more than Wall Street’s expectations of a $542 million loss and even more than its total revenue at $9.
7 billion. Discovery and WarnerMedia had merged in 2022 to fight against the brutal streaming competition. But, going by its plummeting stock, which at one point hit a new low of , looks like the megamerger only delayed the inevitable.
By contrast, seems to have hit the right chords, both in terms of content and pricing. In the world of Indian startups, Brainbees Solutions, the parent company of omnichannel maternity and babycare platform , picked up pace after a slow start, with its IPO subscribed more than 12X on its third day. Moving on, AI wearable tech might be a hit only on paper.
Case in point: the . The $700 gadget, which officially launched late last year with no great reviews to begin with, only sold some 10,000 units, of which 3,000 have been returned. In June, the company, led by ex-Apple designers, was looking for buyers, including HP.
It is now reportedly negotiating with its current investors to raise debt. With Apple also scaling back its dreams due to poor demand, the hunt for the latest hot gadget is still on. Oh, but what apparently has a market, at least according to Italian fashion house Dolce and Gabbana, is a for dogs! The inspiration for the alcohol-free fragrance mist is Fefé, the pet dog of brand owner Domenico Dolce.
‘It’s a dog’s life’ just got a new meaning! In today’s newsletter, we will talk about Here’s your trivia for today: What was the codename for the amphibious landings at Normandy during World War II? News The public offering of Unicommerce saw remarkable interest from investors, becoming the most subscribed startup IPO yet in India this year. On the final day of bidding, the offer was subscribed 168.32 times, driven by strong demand from non-institutional and retail investors, shattering Awfis IPO's record of 108X subscriptions.
Investor interest: Funding Alert Startup: Scimplify Amount: $9.5M Round: Series A Startup: Metadome.ai Amount: $6.
5M Round: Series A Startup: Amount: Rs 41 Cr Round: Undisclosed Startup In India, biryani is more than just food; it’s an art form with carefully crafted blends of spices, rice, vegetables and choices of meat—all of which vary from region to region. In a crowded market where cloud kitchens including BiryaniByKilo, Behrouz Biryani, and EatFit are one-upping each other on foodtech platforms, Potful is now vying for the top spot above the rest. Beyond biryani: Women Entrepreneurs Natasha Tuli’s love for nature and everything organic has been a prominent fixture and a guiding principle in her life for years—from DIY summer projects on vermiculture, all the way to her plans for a career in landscape architecture.
But it was her personal experience of growing up with sensitive skin that pushed Tuli towards opting for natural skincare products and discovering an opportunity in the market, for Soulflower. Focus on quality: News & updates Answer: Operation Neptune We would love to hear from you! To let us know what you liked and disliked about our newsletter, please mail ..
