Economic Times
Total third-quarter revenue increased 11% to $158.9 billion, the company said Thursday in a statement, exceeding estimates. Operating profit was $17.4
Just the previous month, UPI had crossed the 15 billion transactions landmark. On average, 500 million transactions were settled daily last month. In
Fabricio Bloisi, new CEO of Naspers and Prosus, aims to double the company's value in four years by focusing on strong team culture and innovation. He
The approvals include a 32.8 billion baht ($968.12 million)investment by a subsidiary of Alphabet Inc to establish a hyperscale data centre, the BOI s
Indonesia has banned the sale of Google smartphones due to non-compliance with local content requirements. The law mandates 40% local parts in phones
The US Justice Department says that between 2018 and 2024, when Andriunin was the firm's CEO, Gotbit provided market manipulation services to create a
The total sum of legal claims against Google in Russia has reached two undecillion rubles, according to the Russian news outlet RBK, a figure higher t
Evolv's board of directors terminated chief executive Peter George on Wednesday, effective immediately, according to a Thursday announcement from the
Chinese research institutions connected to the People's Liberation Army have utilized Meta's Llama model to create an AI tool for military uses. Acade
The project, part of Musk's xAI artificial intelligence business, sits in an old manufacturing plant on more than 550 acres. Before beginning operatio
Satya Nadella’s compensation jumped by 63% in 2024 to $79.1 million, driven by an increase in stock awards. He requested a reduction in cash incenti
The Amsterdam-based company's quarterly revenue surged to $43.3 million in the third quarter, compared with $5 million a year earlier. Excluding items
Apple achieved a new revenue record in India for the quarter ending September 2024, with a 6% revenue increase globally. CEO Tim Cook announced the op
Widely perceived to have relinquished an early lead on AI development to rivals like Microsoft-backed OpenAI, Google has attempted to catch up by inco
Pat Gelsinger, Intel's CEO, had ordered the restructuring in August in response to shrinking profit margins caused by the costs of catching rivals in
A Pennsylvania state judge delays a lawsuit to stop Elon Musk's $1 million voter giveaway, which supports Donald Trump. District Attorney Larry Krasne
OpenAI has enhanced its ChatGPT AI chatbot with real-time search engine capabilities, allowing users to get fast, up-to-date answers with links to rel
Most of them are making acquisitions to strengthen their capabilities so that they do not miss out when technology spending, especially in discretiona
The Nasdaq-listed technology major saw its third quarter revenue growing by 4% sequentially at $5 billion. On a year-on-year (YoY) basis, the revenue
Amazon said in a federal court filing on Wednesday in Seattle that the consumers had failed after years of litigation to show it engaged in unfair or
