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
1706679337 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
1706679140 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
1706678036 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
1706677440 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
1706674426 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
1706673857 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
1706672518 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
1706671795 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.
1706671648 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
1706671396 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
1706670628 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
1706670184 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
1706665835 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
1706665591 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
1706665415 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
1706665080 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
1706661060 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
1706661060 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
1706661000 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
1706661000 Science & Technology - 10 months ago