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Alphabet's net profit down by 27% to $13.9 bn, revenue up 6%

Alphabet’s net profit down by 27% to $13.9 bn, revenue up 6%

 Alphabet, Google’s parent company, has reported a net profit of $13.9 billion in the third quarter (Q3), down 27 per cent from a year earlier, while revenue increased 6 per cent to $69.1 billion, amid global slowdown and recession fears.

Sequoia India may invest $50 mn in homegrown edtech startup

Sequoia India may invest $50 mn in homegrown edtech startup

Sequoia India is reportedly planning to invest more than $50 million in K12 Techno Services, an edtech startup that provides a variety of services to educational institutions and also manages its own chain of schools.