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Corporate
Cognizant pays CFO Jatin Dalal $505,000 for settling Wipro case
Technology
Social commerce platform Meesho raises $275 million
IPO
Novelis files for IPO
Cisco to let go over 4,000 workers in restructuring exercise
Jack Dorsey’s fintech firm Block lays off nearly 1,000 employees
Markets
Fidelity further marks down Meesho valuation to $3.5 bn
1st human gets brain implant from Neuralink, recovering well: Musk
Infotech
Deloitte in eye of storm as SEC probes $470 mn scam
US-based investment firm Fidelity cuts valuation of Pine Labs, Meesho
Vroom to shut its e-commerce operations, cut nearly 90% of jobs
Collapsed crypto firm Terraform Labs files for bankruptcy
Musk denies report claiming his AI firm secured $500 mn funding