subscribed

Byju’s says its recently launched $200 million rights issue has been fully-subscribed, but the startup’s founder urged some of its major investors to participate amid a rift between the edtech group and some of its largest shareholders. The Bengaluru-headquartered startup, valued at $22 billion in its last financing round in early 2022, announced last month that it would attempt to raise about $200 million through a rights issue. Byju’s cut the pre-money valuation ask in the rights issue to…

Ahead of the Friday extraordinary general meeting (EGM), where a group of investors is seeking to remove Byju Raveendran as CEO of Byju’s and change the board, the founder informed shareholders that the $200 million rights issue is fully subscribed. He is taking further steps to ensure transparency on the usage of the funds.“In order to increase shareholder representation, I commit to restructuring the Board and appointing two non-executive directors to the Board by the mutual consent of the founder and shareholders;…

Starting April 1, US microblogging site Twitter will be winding down its legacy verification programme and accounts that were verified under the previous criteria will not retain a blue checkmark unless they are subscribed to Twitter Blue, the company said on its website on March 24.The service launched in India on February 8, available for a monthly fee of Rs 650 on the web and Rs 900 on mobile devices. This works out to Rs. 7,800 per year on the web and Rs. 10,800 per year on mobile devices.On Friday, Indian Twitter…

Like other Amazon-branded tablets, the Fire HD 8 Plus tablet is a nice little device if you’re heavily invested in the e-commerce giant’s ecosystem. It comes with everything you need to manage Alexa-enabled devices, all while you get your fill of Amazon-branded entertainment with the preinstalled Prime Video, Amazon Music, Kindle, and Audible apps.Amazon Fire HD 8 Plus (2022)$119.99The GoodPretty affordableUSB-C and wireless chargingDecent battery lifeA handy tablet for anyone with Prime and Amazon devicesThe BadLock…