SHUTTING DOWN
Inside the rise and fall of Indian Twitter rival Koo
Koo, the Indian social media platform aiming to rival Twitter, has closed down due to unsuccessful acquisition negotiations. The company struggled with funding challenges and workforce reductions amidst a competitive landscape. Here's a quick recap of the company's journey.
State emporia should shape up or shut down
Some of them were better than others, of course. During my college days, we were fans of mirrorwork kurtas and shawls from Gurjari; the best Chanderi and Maheshwari sarees were from Mrignayani (Madhya Pradesh), Utkalika was a favourite haunt not only for its Sambalpuri ikat sarees but also for patachitra paintings, Lepakshi for Pochampalli and pearls, Poompuhar for wooden Ganeshas and Tanjore plates, Phulkari for, well, phulkari....
Indian Twitter rival Koo shuts down after failed acquisition talks
“Patient, long term capital is essential to build ambitious, world beating products from India be it in social media, Al, space, EV or other futuristic categories. It will need a lot more capital when the space has a global giant already," Radhakrishna said in a joint post along with cofounder Mayank Bidawatka.
Koo founders on why the social media app is shutting down
Once considered as a rival of X (previously Twitter), Tiger Global-backed Indian social media app Koo is shutting down operations. the company founder Aprameya Radhakrishna said on social media. "As for us, we are entrepreneurs at heart and you will see us back in the arena one way or another. Till then, thank you for your time, attention, good wishes and love," Radhakrishna posted on LinkedIn.
KOO Shutting Down: Why India’s Twitter rival is closing operations
Koo, a homegrown social media platform and alternative to Twitter, is shutting down. Co-founders Aprameya Radhakrishna and Mayank Bidawatka cited unsuccessful partnership talks and high maintenance costs. Despite significant user growth and backing from investors like Accel and Tiger Global, Koo struggled with funding. The platform had aimed to surpass Twitter in India but faced market challenges.
Team India stuck in Barbados as Hurricane Beryl shuts down airport, expected to open in next 6 to 12 hours
The Indian cricket team, stranded in Barbados after winning the T20 World Cup, may finally return home as Barbados Prime Minister Mia Mottley expects the airport to reopen within the next six to 12 hours. Hurricane Beryl had forced a shutdown, but Mottley is overseeing efforts to resume normal operations urgently. Despite damage to coastal areas, Barbados avoided a direct hit. Mottley acknowledged the team's patience and spirits after their victory, hopeful they will soon depart before the next hurricane arrives midweek.
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Tata threatens to shut steelworks early ahead of strike
Tata Steel UK has threatened to close its two blast furnaces in Port Talbot in south Wales earlier than planned due to an upcoming strike, sparking concern among politicians before next week's general election. "The Unite campaign is... about securing the long-term future of steel making in this country for thousands of workers in Port Talbot and south Wales," said Unite general secretary Sharon Graham.
Gates of barrage releasing water to Delhi shut by Haryana: Atishi
Delhi Water Minister Atishi continues hunger strike as Haryana shuts Hathnikund Barrage gates, depriving Delhi of water amid crisis.
Here's how heat shuts down your heart
The critical danger point outdoors for illness and death from relentless heat is several degrees lower than experts once thought, say researchers who put people in hot boxes to see what happens to them.
Priyanka Chopra Jonas' former NY restaurant Sona to shut down. See pics!
New York-based restaurant Sona is closing 10 months after actor Priyanka Chopra Jonas withdrew her association as a co-founder. The establishment announced on Instagram that its final service will be brunch on Sunday, June 30.
Priyanka Chopra's previous venture, Restaurant Sona in New York, to shut down
Priyanka Chopra Jonas' Sona restaurant in New York is closing after her withdrawal as co-founder. The closure announcement was made on Sona's Instagram, citing the final service on June 30.
FC Barcelona shuts down its football academies in India
World-renowned football club FC Barcelona has decided to shut down all its academies in India, 14 years after starting operations with an aim to train the country's kids in their famed 'La Masia (youth academy)' style. FC Barcelona did not provide any official reason for the closure. All its academies in the Indian cities of Delhi NCR, Mumbai, Bengaluru and Pune will cease to exist from July 1.
Passenger plane lands safely in New Zealand after fire shuts down an engine
A Virgin Australia Boeing 737-800 jet bound for Melbourne, Australia, landed safely in Invercargill, New Zealand. The plane landed after an engine fire forced a diversion. Fire trucks awaited the plane, which landed about 50 minutes after takeoff from Queenstown. The cause of the fire and and other possibilities like a bird strike were under investigation.
Greece shuts down tourist hotspots, warns travelers as severe heatwave sweeps country
Greece is facing the aftermath of a severe early heatwave that has resulted in fatalities, missing persons, and tourist site closures. Record temperatures exceeding 38°C for multiple days have triggered urgent traveler advisories and high alert levels for fires, impacting tourism and daily life.
Indonesia minister threatens to shut down X over adult content
Indonesia is prepared to shut down social media platform X if it does not comply with a regulation barring adult content, as stated by the country's communications minister.
Biden prepares a tough executive order that would shut down asylum after 2,500 migrants arrive a day
The White House is discussing plans for President Biden to issue an executive order closing asylum requests at the U.S.-Mexico border if daily encounters hit 2,500 between ports of entry, reopening when the number falls to 1,500. This move aims to control border numbers and is expected to be announced on Tuesday.
Jennifer Lopez shuts down reporter probing into Ben Affleck divorce rumours
During a press event for the film "Atlas" in Mexico City, Jennifer Lopez and co-star Simu Liu firmly shut down a reporter who asked about rumors regarding her divorce from Ben Affleck. Affleck and Lopez, who rekindled their romance in 2021 after 20 years, have faced speculation about marital troubles. Lopez, alongside Liu, dismissed the question, with Liu stating, "We're not doing that." Lopez added, "You know better than that."
450 single screen cinema theatres in Telangana to shut down for two weeks
Telangana's single screen cinema theatre owners have stopped screenings due to low revenue, with no major films releasing until June 15. President Vijayender Reddy highlighted the financial challenges faced by theatre owners and the possibility of resuming screenings with upfront payments from producers.
Narendra Modi govt 'anti-MSME', thousands of small business shut down in 10 years: Congress
Congress alleges Modi govt is 'anti-MSME', leading to small businesses shutting down. Ramesh criticizes policies favoring big corporates, demonetisation, GST issues, Chinese goods dumping, and MSME board control. MSME sector suffers under Modi's governance.
Panama's next president says he will shut down one of the world's busiest migration routes
Panama's President-elect Jose Raul Mulino aims to close a major migration route, impacting 500,000 people. Organized crime involvement and challenges in operations and logistics cast doubt on the plan's success.
Air India's basic culture is bad, should be shut down: Ghulam Nabi Azad
Former Minister Azad criticizes Air India's 'bad culture' after flight cancellation. Crew shortage monitored by Ministry of Civil Aviation. Air India Express apologizes for disruptions. Vistara also faced pilot shortage issues in April.
ByteDance prefers TikTok shutdown in US if legal options fail: report
ByteDance considers shutting down TikTok over U.S. ban legislation, unlikely to sell due to crucial algorithms. China opposes forced sale. Mnuchin shows interest. ByteDance's secret: the TikTok algorithm.
Meta to temporarily shut down social media platform Threads in Turkey
Meta Platforms will temporarily shut down Threads in Turkey from April 29 to comply with the Turkish competition authority's order, impacting only Threads with no effect on other Meta social media platforms in Turkey.
Shut down 21st-century black holes of India
Fatalities and injuries due to 'black holes of India' are not mere 'accidents' but result from poor governance, administrative negligence, irresponsibility on the part of local officers and citizens' failure to engage with authorities on civic problems. Rescue operations in such 'accidents' are not easy, as they depend on many factors such as soil type, diameter and depth of the borewells/manholes. There is no standard rescue equipment.
Rooster Teeth is closing down? What we know so far
Rooster Teeth is all set to be shut down after over two decades as parent company Warner Bros. Discovery has made the decision.
One month before IPL, Sawai Man Singh Stadium and RCA office sealed by Rajasthan Sports Council
The Rajasthan Sports Council has sealed the Sawai Man Singh Stadium, the venue to host Indian Premier League matches, one month before the event. The council claims that the state cricket body failed to fulfill its liabilities, including payment of dues. The Rajasthan Cricket Association's office and academy were also sealed, along with the stadium.
Rario users face losses as cricket NFT platform announces product shut down
Dream Sports-backed Rario in an X post on Tuesday night said it will shut its current product effective January 29 and relaunch in March and that its current cards “will not be usable in the upcoming platform”.
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