The swift demise of cryptocurrency exchange FTX in 2022 had damaging domino effects on the cryptocurrency industry, stoking widespread mistrust among the public and toppling cryptocurrency services that did business with it. At the time, FTX was the third-largest crypto exchange. Learn more about what went wrong with FTX, including the role and trial outcome…
Challenges continue to mount for Byju’s, once celebrated as the posterboy of India’s growing startup ecosystem, as its employees are now considering legal action as they struggle to receive their salaries. The insolvency crisis at ed-tech giant Byju’s has sparked widespread concern among its employees, reported news agency Reuters. The report highlights the growing desperation…
Challenges continue to mount for Byju’s, once celebrated as the posterboy of India’s growing startup ecosystem, as its employees are now considering legal action as they struggle to receive their salaries. The insolvency crisis at ed-tech giant Byju’s has sparked widespread concern among its employees, reported news agency Reuters. The report highlights the growing desperation…
Dozens of Byju’s employees and parents of students are showing a growing sense of desperation as people plan to take the offensive against the troubled edtech company whose board currently stands suspended with assets frozen, Reuters reported. Byju’s crisis: BYJU’S owner Byju Raveendran photo is seen on his company web page in this illustration. (Reuters)…
Byju’s, which offers services in 21 countries and has 150 million students as members, typically prices its programmes from $100 to $300, many sold on loans | (Photo: Reuters) 4 min read Last Updated : Aug 22 2024 | 1:36 PM IST The insolvency of Indian education technology company Byju’s threatens to be the…
BENGALURU/NEW DELHI : The insolvency of Indian education technology company Byju’s threatens to be the biggest upset in a celebrated startup sector, unleashing a long battle by thousands of panic-stricken employees to recover dues and protect their careers. Once a darling of global investors, valued at $22 billion in 2022, Byju’s became popular by offering…
‘Anxiety in WhatsApp groups, struggling to pay bills’: Byju’s insolvency case fans fears of employees Moneycontrol Read the original article here
Indian ed-tech giant Byju’s insolvency case fans fears of employees StreetInsider.com Read the original article here
In the energy industry, it’s known as the solar coaster: The ups and downs in the solar industry that can cause companies to grow quickly and fade just as fast. So far in 2024, customers of more than one big installer have felt those big downhill drops. The latest solar giant to run into struggles…
Mobileum goes bankrupt amid PE owners’ legal battle Reuters Read the original article here