Economic Times

The first month of the new year ends with Big Tech and media companies continuing to announce fresh job cuts, a sign that the spate of layoffs seen in
Science & Technology - 10 months ago
The company has founded a new 'artificial intelligence lab' to generate new product ideas, including possible cooperation with companies in the techno
Science & Technology - 10 months ago
Garuda Aerospace, a company in which cricketer Mahendra Singh Dhoni has invested, said the Droni drones are also launched on the social handles of Dho
Science & Technology - 10 months ago
General Motors is cutting spending by about $1 billion on its troubled robotaxi unit Cruise in 2024. Last week, Cruise disclosed probes by the U.S. Ju
Science & Technology - 10 months ago
Businesses are now scrambling to appoint AI leaders, with some metaverse executives reinventing themselves as AI experts. Compensation packages for AI
Science & Technology - 10 months ago
Wipro is cutting mid-level roles to improve margins. It bought Capco for $1.45 billion, Delaporte's biggest bet. Job cuts are part of the 'Left-Shift'
Science & Technology - 10 months ago
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

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