Business
India expected to become third-largest economy in next 3 years: FinMin
January 29, 2024
India expected to become third-largest economy in next 3 years: FinMin
New Delhi– In the next three years, India is expected to become the third-largest economy in the world, with a…
Amazon terminates $1.7 bn deal to acquire iRobot amid regulatory hurdles
January 29, 2024
Amazon terminates $1.7 bn deal to acquire iRobot amid regulatory hurdles
San Francisco– Amazon on Monday announced it has terminated its $1.7 billion acquisition of iRobot, the maker of consumer robotic…
Microsoft lays off 1,900 employees from Activision Blizzard, Xbox
January 26, 2024
Microsoft lays off 1,900 employees from Activision Blizzard, Xbox
San Francisco– Microsoft is laying off at least 1,900 employees at gaming company Activision Blizzard it acquired recently, as well…
Intel reports $15.4 bn in revenue in Q4, profit reaches $2.66 bn
January 26, 2024
Intel reports $15.4 bn in revenue in Q4, profit reaches $2.66 bn
New Delhi– Chip-maker Intel has registered $15.4 billion in revenue in its fourth quarter (Q4) of 2023, up 10 per…
Cloud software major SAP’s restructuring plan to affect 8,000 jobs
January 25, 2024
Cloud software major SAP’s restructuring plan to affect 8,000 jobs
New Delhi– Cloud software major SAP has announced a company-wide restructuring programme in 2024 that will affect approximately 8,000 positions.…
Ola announces ex-Unilever executive Hemant Bakshi as new CEO: Report
January 25, 2024
Ola announces ex-Unilever executive Hemant Bakshi as new CEO: Report
New Delhi– ANI Technologies, the parent company of Ola, has announced Hemant Bakshi, a former executive at Unilever, as the…
Mitt Romney on what really matters: Have a spine
January 24, 2024
Mitt Romney on what really matters: Have a spine
By Alvin Powell Harvard Staff Writer/The Harvard Gazette Circumstances shift, priorities change, and money comes and goes. But in a…
eBay to lay off 1,000 full-time employees, unspecified number of contractors
January 24, 2024
eBay to lay off 1,000 full-time employees, unspecified number of contractors
San Francisco– E-commerce platform eBay is sacking around 1,000 employees, or 9 per cent of its full-time workforce, and the…
Amazon fined $35 mn over ‘excessive’ employee surveillance
January 24, 2024
Amazon fined $35 mn over ‘excessive’ employee surveillance
London– France’s National Commission on Informatics and Liberty (CNIL) has fined Amazon 32 million euros (nearly $35 million), saying that…
Infogain appoints Dinesh Venugopal as new CEO
January 23, 2024
Infogain appoints Dinesh Venugopal as new CEO
New Delhi– Infogain, a Silicon Valley-headquartered leader in human-centred digital platforms and software engineering services, on Tuesday announced the appointment…