E-com firm Meesho hints at IPO in 2025; focus shifts to generating profits

E-commerce player Meesho, backed by marquee investors like SoftBank Group and Meta Platforms, will look at an initial public offering (IPO) only in 2025, and till then, its focus will be on generating profits after tax and not just on being Ebitda (earnings before interest, tax, depreciation and amortisation)-positive, top sources in the company told Business Standard in New Delhi. […]

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Paul Oakenfold Faces Sexual Harassment Suit By Ex-Personal Assistant; Grammy-Nominated DJ Allegedly Repeatedly Masturbated In Front Of Plaintiff

A-lister DJ and Swordfish soundtrack composer Paul Oakenfold has been accused of sexual harassment and workplace violations by a former personal assistant. The lawsuit was filed Friday in LA Superior Court by an individual identified only as Jane Roe, a 24-year-old woman. The plaintiff alleges that two companies run by CEO Paul Stepanek — New Frequency Management and Stepanek Management– […]

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20 States With the Biggest Risk of Flooding

Among the major natural disasters, floods are the deadliest, and are the most common of all weather-related natural disasters in the United States. They kill more people each year than hurricanes, tornadoes, or lightning. Though they can happen almost anywhere, floods most often happen along rivers and coasts – and the likelihood of both types is rising in some parts […]

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The 25 Highest Paying College Majors

The decision to attend college is not always an easy one. While it could be an incredibly rewarding experience that introduces students to lifelong friends and provides them with education, it can also be incredibly expensive. However, attending college can open the doors to higher-paying careers, though future earnings may depend on the major taken. (Here are the most expensive […]

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Sofia Vergara’s Latin World Entertainment Promotes Tatiana Castro To VP Content & Partnerships

EXCLUSIVE: Sofia Vergara’s Latin World Entertainment has upped Tatiana Castro to VP of Content & Partnerships, Deadline has learned. Castro was previously a Development and Partnerships Executive at the company founded by the 4x Primetime Emmy nominee and Luis Balaguer. “Tatiana has been instrumental in tracking and acquiring IP, her hard work and passion can be felt in every area of our company,” said Shares […]

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Nvidia Unveils More Gen AI Products

Chipmaker Nvidia (NVDA) has been making headlines with its extensive new lineup of AI product launches and services. At the Computex conference in Taipei, NVIDIA founder and CEO Jensen Huang unveiled a range of cutting-edge equipment, software, and services. Huang launched DGX GH200, a large-memory AI supercomputer for enterprises that need the ultimate in AI performance. It uses NVIDIA NVLink […]

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As Price of Oil Slides, OPEC Plus May Weigh Further Production Cuts

Just two months after surprising markets by announcing oil output cuts, officials from OPEC, Russia and other countries meeting in Vienna this weekend find themselves pondering whether they need to dial down production again. Their goal would be to prop up a market that has turned negative. Oil prices since mid-April have fallen more than 12 percent, pushing Brent crude […]

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