Author: Arabian Media staff

Byju Raveendran, the embattled founder of Indian ed-tech giant Byju’s, has blasted a U.S. bankruptcy court’s order directing him to pay more than $1.07 billion. He is denying wrongdoing, accusing lenders of misleading the court, and vowing to appeal a ruling that marks a dramatic fall for a onetime poster boy of India’s startup boom. The Delaware bankruptcy judge issued a default judgment after finding that Raveendran had repeatedly ignored court orders and provided “evasive, incomplete” responses regarding about $533 million that Byju’s U.S. unit allegedly transferred in 2022 and never recovered. The judge also cited issues with a separate…

Sierra, a 21-month-old, San Francisco-based startup that builds customer service AI agents for enterprises, announced on Friday that it reached $100 million in annual revenue run rate (ARR). The company’s rapid growth suggests that businesses across industries are embracing AI agents. The startup’s growth rate surprised even its seasoned co-founders, former Salesforce co-CEO Bret Taylor and longtime Google alum Clay Bavor, who wrote on their blog: “That’s a heck of a lot quicker than we expected.” Sierra’s customers include tech companies like Deliveroo, Discord, Ramp, Rivian, SoFi, and Tubi, as well as well-established businesses outside of the tech sector, such…

AI companies are spending so much on infrastructure that Nvidia’s data center business now brings in nearly $50 billion. But is this sustainable growth or just the latest tech mania? And should we even be calling it a “bubble” when the belief in AI’s future is what’s holding the whole ecosystem together?  This week on Equity, Kirsten Korosec, Anthony Ha, and Sean O’Kane dig into Nvidia’s massive earnings beat, the circular economy of AI infrastructure spending, and whether CEO Jensen Huang’s optimistic vision of AI agents handling everything in our daily lives can justify the investment.  Listen to the full episode to hear about:  Subscribe to Equity…

In the early days of social media, posting a rant about the latest episode of “Grey’s Anatomy” on MySpace felt like the ultimate Thursday night activity. And discovering a Facebook group called “Team Jacob Forever” was one of the best finds. Nowadays, finding that perfect niche community can seem impossible, but a new social app called Phictly aims to change that. Available on iOS and Android devices, the app lets users form clubs centered on their favorite books, TV shows, and movies, creating niche communities where people can discuss their specific interests without judgment. For instance, users can dive into…

Tamer Qazi, Managing Director of Geberit International Sales AG (Gulf Office). ROSHN Group, Saudi Arabia’s leading multi-asset class real estate developer and a Public Investment Fund (PIF) company, has signed a Memorandum of Understanding (MoU) with Geberit International Sales AG, a company incorporated in Switzerland and part of the global Geberit Group. The MoU establishes a strategic collaboration framework to explore opportunities in sustainable sanitary technology and local manufacturing within the Kingdom of Saudi Arabia. Under this framework, Geberit will serve as a principal supplier of sanitary products and related services for ROSHN Group’s current and future large-scale developments. The collaboration reflects ROSHN Group’s commitment to partnering with global industry leaders that…

Image credit: WhatsApp/Website WhatsApp is taking significant steps to enhance personal expression and real-time communication as it rolls out a refreshed version of its original “About” feature alongside creative upgrades to Status. Together, these updates demonstrate the company’s strategy to increase user engagement, encourage frequent sharing, and maintain a competitive edge in an increasingly crowded messaging market. With billions of users relying on the platform daily, WhatsApp is sharpening its focus on lightweight, expressive, and visually rich communication formats. WhatsApp has reintroduced About, the very first feature it ever offered, with improved usability and visibility. For long-time users, About predates…

Luna co-founder Jas Schembri-Stothart and Untapped Solutions founder Andre Peart share how they cracked go-to-market for audiences most startups avoid. In this episode of Build Mode, they reveal the guerrilla tactics, trust-building strategies, and creative experiments that helped them reach teenage girls and formerly incarcerated workers—from crashing Taylor Swift concerts to keynoting re-entry conferences.  Episodes of Build Mode drop every Thursday. Subscribe now on Apple Podcasts, Spotify, or wherever you get your podcasts. And be sure to check out the video version on TechCrunch’s YouTube.  Source link

Silicon Valley folks tend to write off the startup market across the pond as too small or not hungry enough, but that sentiment could not be more different from how Europeans view their potential. Helsinki’s annual Slush conference this year showed a venture market that feels like it is on the brink of transformation, one that’s ready for its first trillion-dollar startup. Founders, venture investors and government officials alike acknowledged the hurdles that have traditionally held Europe back from reaching its true scale and potential. For many years, European founders moved to the U.S. to start their companies or exited…

Representational Image An Indian-made HAL Tejas fighter jet crashed during a demonstration at the Dubai Airshow on 21 November 2025, around 2:10 p.m. local time, the organisers confirmed. The incident occurred at Al Maktoum International Airport (Dubai World Central) during a scheduled aerobatic display. The pilot of the aircraft has been declared fatally injured, according to the Indian Air Force. A court of inquiry has been ordered to investigate the cause of the crash. Emergency services and firefighters responded immediately to the crash site, where a plume of black smoke was seen rising over the airport. The demo flight programme…

Image credit: Supplied photos The WE Convention 2025, held on November 1–2 at Atlantis The Royal, became a rare convergence of two global voices who have shaped culture, business, fashion, publishing, and the modern narrative of women’s independence. Mila Semeshkina, the founder and president of the WE Convention and the WE Council, a leading global platform for women’s empowerment and leadership development, curated the event to highlight these transformative stories. Anna Wintour, global editorial director of Vogue and chief content officer of Condé Nast, and Candace Bushnell, the international best-selling author whose writing redefined women’s lives for a generation, offered…