Economic Times
The layoffs included some engineering roles, and the biggest cuts were made to the team responsible for the Apple Books app and Apple Bookstore. There
Traders in the U.S. equity options market predict Nvidia's upcoming earnings report could impact its shares by over $300 billion. Nvidia's stock has d
VerSe Innovation, parent company of DailyHunt and short-video platform Josh, acquired digital marketing solutions company Valueleaf in a cash-and-stoc
Happy Wednesday! Amazon India is gearing up to enter the quick commerce space independently, sources tell us. This and more in today’s ETtech Mornin
Amazon has put together a plan to take on the quick commerce challenge in India, with its own offering which is slated to launch by early next year. T
Whiteboard Capital, a VC firm founded by Freecharge cofounder Sandeep Tandon, has closed its second fund at Rs 300 crore. The fund looks to back about
As the quick commerce sector continues to gather steam, it is attracting wealthy individuals as investors. Bollywood superstar Amitabh Bachchan's fami
Amid a reset in the tech funding ecosystem, large investors are being cautious. This is facilitating the growth of micro venture capitalists. The past
The funds raised from Business Finland Venture Capital and existing and new investors will be channelised to Nordic startups from the pre-seed stage o
The government plans to revisit and revamp its 2020 draft data centre policy, enhancing it with new incentives to better align with the industry's cur
The Open Cloud Compute network was unveiled by Infosys non-executive chairman Nandan Nilekani earlier this year. It is an open interface for providers
Taiwanese electronics manufacturer Foxconn is being offered 2,000 acres of land in Telangana to build a 'Foxconn city' modelled on its facilities in i
In April, a show cause notice was filed by the Department of Revenue, Ministry of Finance, against LTIMindtree, country’s sixth largest IT major, fo
Lip-Bu Tan, a semiconductor industry veteran, had said he was leaving the board because of a personal decision to "reprioritize various commitments" a
Nvidia's second-quarter revenue saw a notable rise amidst high investor expectations. The company's stock surged over 150% this year, driven by AI-rel
OpenAI is backing California's AB 3211, a bill requiring tech companies to label AI-generated content. This move comes amid rising concerns over misin
Elon Musk has called for California to pass an AI safety bill, advocating for regulatory measures for AI technologies. He compared AI regulation to ot
"It appears that the transition to the new CFO is planned and orderly, which is the most important question. Maestri staying on with Apple is also ver
Happy Tuesday! Tata-owned BigBasket is planning to ride full speed ahead into the red-hot quick commerce sector. This and more in today’s ETtech Mor
In recent months, the healthcare vertical of India-centric IT services firms has been in the spotlight, seeing a lot of activity and grabbing headline
