Mohan Seth News Today : Breaking News, Live Updates & Top Stories | Vimarsana

The COVID-19 pandemic minted several high-valued companies as the demand for social media skyrocketed when people were physically staying away from one another. Clubhouse, a social audio platform, reached a valuation of $4 billion within a year after it raised funds from Andreessen Horowitz, Tiger Global Management and DST Global. The app crossed $14 million in downloads in the first quarter of 2021, making it a pandemic-era unicorn. But the app seems to have lost its charm post-pandemic, with t

Clubhouse, the online social audio platform, which rose to fame during the peak of the COVID-19 pandemic, has axed 50% of its total workforce.

The once-buzzy, once-invite-only chat platform is enacting mass lay-offs, slamming the door on more than 50% of employees.

Three high-profile Indian Americans are among 15 Hollywood disruptors on The Wrap’s ‘2021 Innovators List.’