Economic Times
Licious founders plan 500 stores in 5 years with 6% operating profit margin. Targeting profitability by FY25, focusing on offline strategy. Improved d
Former Binance CEO Changpeng Zhao ('CZ'), 47, sentenced to four months in prison by U.S. District Judge Richard Jones in Seattle, becoming the second
New York Daily News, Chicago Tribune, MediaNews Group sue Microsoft, OpenAI for misusing reporters' work. Lawsuit includes Copilot, alleges copying of
Government, FinTechs, law enforcement agencies collaborate on addressing cybersecurity, fraud. Workshop discusses registry creation, geotagging transa
Delhi High Court restrains Ashneer Grover from transferring shares to prevent irreparable loss to Bhavik Koladiya. The legal battle involves claims ov
Google will pay News Corp $5-6 million annually for AI content development, excluding licensing. News Corp denies an AI deal with Google, while AI fir
AI startup Nintee, led by Paras Chopra, closed after struggling to compete with bigger platforms. Funding to be returned. Employees offered roles at W
Delhi High Court criticized Meta for inadequate response to TV Today Network's plea against blocking Harper's Bazaar India on Instagram. The court war
The top six information technology services companies in India reported a reduction in their total headcount in the last fiscal year, with only HCLTec
The findings were part of NetApp’s quantitative research study of over 1,300 tech and data executives at businesses across 10 markets, done in pa
In the past two weeks of the final quarter and full fiscal 2024 earnings announcements, most IT majors failed to meet their revenue growth guidance. M
Survey of more than 360 Indian deep tech startups showed 580 patents were filed in AI, 130 in IoT and 120 in neurotechnology, Nasscom said in its late
India's TikTok actions may influence US courts as ByteDance battles the ban. Biden's divestment order, Chew's defense, Carr's skepticism, and First Am
The two companies have begun discussing terms of a possible agreement and how the OpenAI features would be integrated into Apple's iOS 18, the next iP
In February, Microsoft invested $16 million in Mistral AI and partnered with them to make its artificial intelligence models available through its Azu
Deal density in the latest week improved to $5.3 million per deal, as per Tracxn data. From April 6 to April 12, 2023, startups had raised about $2.4
Alphabet rose 10%, crossing $2 trillion in market value with a gain of about $180 billion as it sweetened the pot for investors with its maiden divide
Swiggy has confidentially filed draft IPO papers with the capital markets regulator. Details on this and more in today’s ETtech Top 5.
For the full year as well, Noida-headquartered HCLTech added 1,537 employees from overall headcount of 225,944 in March end 2023. Similarly in FY23, H
Cybersecurity firm Darktrace said Friday it had accepted a $5.3-billion takeover bid from US private equity firm Thoma Bravo, which highlighted the Br
