Economic Times

Jack Dorsey's financial services company Block is laying off close to 1,000 employees, which will affect staff in the Cash App, Afterpay and Square su
Science & Technology - 10 months ago
Last year, tech giants like Meta, Amazon, Google, and Microsoft laid off employees and saw their stock prices rise. This year, they are making smaller
Science & Technology - 10 months ago
According to verified PayPal professionals on the anonymous online discussion forum Blind, the job cuts have begun, and by the end of the week, will i
Science & Technology - 10 months ago
Taiwan President Tsai Ing-wen has written to Pope Francis expressing support for his concerns over the use of artificial intelligence (AI) and pledgin
Science & Technology - 10 months ago
The fundraising will allow Rakuten to fully buy back its 10.25% senior notes and 3.546% senior notes due in 2024, which have a combined principal outs
Science & Technology - 10 months ago
The government announced a reduction in the import duty for components used in the manufacturing of mobile phones. The duty has been slashed from 15 p
Science & Technology - 10 months ago
The talent agency WME announced a partnership with the technology firm Vermillio on Tuesday that it hopes will protect its clients from having their l
Science & Technology - 10 months ago
The selloff following the tech giants' reports after the bell underscored investors' elevated expectations following an AI-fueled stock market rally i
Science & Technology - 10 months ago
Microsoft and Google delivered solid corporate earnings on Tuesday as the tech giants said demand for artificial intelligence services stoked revenue.
Science & Technology - 10 months ago
Universal Music Group has been pressing TikTok for appropriate artist and songwriter compensations in their contract renewal discussions, among other
Science & Technology - 10 months ago
AMD's near doubling of its AI processor projections to $3.5 billion was not enough to meet Wall Street's lofty projections for the company's AI fortun
Science & Technology - 10 months ago
The world's biggest maker of memory chips said it expected mobile and PC makers to place more and better chips in devices as use of artificial intelli
Science & Technology - 10 months ago
Microsoft, Alphabet, and Advanced Micro Devices experienced a selloff in their stock market value after failing to meet investors' expectations with t
Science & Technology - 10 months ago
Google, inventor of foundational technology for today's AI boom, is also locked in battle with two industry players that have captured the business wo
Science & Technology - 10 months ago
Microsoft Corp beats Q2 revenue estimates with 18% growth driven by new AI features attracting customers to its cloud and Windows services. Microsoft
Science & Technology - 10 months ago
Top internet firms didn’t let a ‘funding winter’ dampen their urge to spend in the last fiscal, an ET analysis found. Details of this and more i
Science & Technology - 10 months ago
Depending on the final set of investors subscribing to the share sale, Byju’s founder Byju Raveendran may also end up owning more in the firm if he
Science & Technology - 10 months ago
Kaynes has also acquired 13.2% shares in California-based Mixx Technologies Inc to establish Kaynes as a “silicon to systems” manufacturer for art
Science & Technology - 10 months ago
The state-owned Semiconductor Laboratory in Mohali is the only chip manufacturing unit in India that produces semiconductors for strategic and defence
Science & Technology - 10 months ago
During the ongoing funding winter, several internet majors such as Paytm, Policybazaar parent PB Fintech, Flipkart failedd to control expenses in FY23
Science & Technology - 10 months ago

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