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Featured Stories:
Tiger Global loses India tax case tied to Walmart-Flipkart deal in blow to offshore playbook
India’s Supreme Court ruled against Tiger Global in a tax case over its Flipkart exit, strengthening New Delhi’s ability to challenge offshore treaty structures. The court upheld tax authorities’ rejection of Tiger Global’s claim for treaty protection under the India–Mauritius tax treaty, finding its Mauritius-based entities were used to avoid capital gains ...
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Meta has discontinued its metaverse for work, too
Meta is shutting down Horizon Workrooms and discontinuing business-focused VR services, including headset sales, by 2026. The company laid off 1,000 Reality Labs employees and scaled back VR investments, shifting focus to mobile. VR game studios and apps like Supernatural are being abandoned, while Horizon Worlds may remain for mobile. Meta’s metaverse visio...
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