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Vivian Wu

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US investor BlackRock slashes Byju's valuation by 95% to $1 billion

 In November 2023, Netherlands-based tech investor Prosus NV marked down Byju's valuation to under $3 billion. Peerzada Abrar reports. Photograph: Dado Ruvic/Reuters BlackRock has again reduced......

Byju's lenders agree to complete term loan amendment by Aug 3

 In a breather to the troubled edtech company, the steering committee of lenders has agreed to amend a $1.2 billion term loan with Byju's by August 3, 2023, the lenders announced on Monday. IMAGE:......

Auditor Deloitte, 3 board members sever ties with Byju's

 Audit firm Deloitte has resigned as auditors of Byju's citing a delay in submission of financial statements while almost simultaneously three of the edtech firm's board members have quit in what is......

Zuckerberg invests $50 mn in Bengaluru firm

 This is the first investment in Asia from the Chan Zuckerberg Initiative, which was founded by Zuckerberg and his wife Priscilla Chan Facebook founder Mark Zuckerberg’s investment arm for......

FIFA Women's WC: China, Spain through to last 16

 IMAGE:  China's Haiyan Wu, Li Yang and team mates celebrate in front of their fans after the match. Photograph: Phil Noble/Reuters China and Spain played out a 0-0 draw in their final World......

Sports Shorts: Kvitova outplays Kerber to send Czechs into Fed Cup final

 IMAGE: Czech Republic’s Petra Kvitova celebrates after winning her singles match against Germany’s Angelique Kerber. Photograph: Kai Pfaffenbach /Reuters Petra Kvitova put Czech......

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