Business
Google posts $307 bn revenue in 2023, spent billions of dollars to lay people off
January 31, 2024
Google posts $307 bn revenue in 2023, spent billions of dollars to lay people off
San Francisco– Google, which spent $2.1 billion on severance and other expenses as it laid off more than 12,000 employees…
US authority fines Infosys $225 for violating short payment of tax
January 30, 2024
US authority fines Infosys $225 for violating short payment of tax
Bengaluru– The Nevada Department of Taxation in the US has been slapped a fine of $225 for alleged violation of…
IMF forecasts ‘soft landing’ for global economy, upgrades India
January 30, 2024
IMF forecasts ‘soft landing’ for global economy, upgrades India
By Yashwant Raj Washington– The International Monetary Fund (IMF) on Tuesday forecast a “soft landing” for the global economy hammered…
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…