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IT M&A: At just 150, global tech M&A deals splutter in March quarter

Mergers and acquisitions in the global technology sector shrank to around 150 in the March quarter, a three-year low on a quarterly basis, according to an EY-NASSCOM report.These deals were in the sectors of IT, business process management (BPM) and engineering research and development (ER&D) industries, said the M&A Trends and Outlook report, which was shared exclusively with ET.The March-quarter figure is in sharp contrast to the more than 273 deals recorded in the first quarter of 2022 and around 224 in Q1 of…

Trell lost 100 more employees as the creators demanded delayed payment

Lifestyle social commerce platform Trell has seen another wave of employee exodus as it struggles to pay creators in the country.At least 100 more employees have left the video commerce platform as several creators and influencers wait for their dues to be cleared.The Instagram community page of Trell was full of complaints from the creators who requested the company to clear their pending payments.One such affected creator wrote, "How about you clear the pending payments of your creators."Others said Trell is clearing…