Business
US-based firm TuSimple to reduce 30% of workforce
May 19, 2023
US-based firm TuSimple to reduce 30% of workforce
San Francisco– US-based autonomous trucking company Tu Simple has announced to lay off about 30 per cent of its workforce…
Meta may fire 6K workers in its 3rd round of job cuts next week: Report
May 19, 2023
Meta may fire 6K workers in its 3rd round of job cuts next week: Report
San Francisco– Meta (formerly Facebook) is reportedly going to start laying off more employees next week in its third round…
Investment scam targeting WeChat groups
May 19, 2023
Investment scam targeting WeChat groups
By Tiffany Smedley Investigator, FTC, East Central Region A so-called investment opportunity reportedly took the social media platform WeChat by…
WeWork Chairman and CEO Sandeep Mathrani to Step Down Effective May 26th
May 18, 2023
WeWork Chairman and CEO Sandeep Mathrani to Step Down Effective May 26th
NEW YORK–WeWork Inc., a leading global flexible space provider, announced that Sandeep Mathrani will be stepping down as Chairman, CEO…
AWS to invest $12.7 bn in building cloud infrastructure in India by 2030
May 18, 2023
AWS to invest $12.7 bn in building cloud infrastructure in India by 2030
New Delhi– Amazon Web Services (AWS), the Cloud arm of e-commerce giant Amazon, on Thursday announced plans to invest Rs…
Our food delivery business turns profitable, says Swiggy CEO
May 18, 2023
Our food delivery business turns profitable, says Swiggy CEO
New Delhi– Swiggy CEO Sriharsha Majety on Thursday said that their food delivery business has turned profitable (as of March…
BharatPe appoints Sandeep Indurkar as CBO-Banking & Alliances
May 18, 2023
BharatPe appoints Sandeep Indurkar as CBO-Banking & Alliances
New Delhi– Fintech platform BharatPe on Thursday announced the appointment of Sandeep Indurkar as its Chief Business Officer – Banking…
Course5 raises $28 million to boost AI biz, plans to raise $55 million in this round
May 18, 2023
Course5 raises $28 million to boost AI biz, plans to raise $55 million in this round
New Delhi–Analytics and AI solutions company Course5 Intelligence on Thursday said it has raised $28 million for targeted acquisitions and…
Medtronic to expand base, Warner Bros. to set up shop in Hyderabad
May 18, 2023
Medtronic to expand base, Warner Bros. to set up shop in Hyderabad
Hyderabad– Medtronic plc, the global leader in healthcare technology, has announced an investment of more than $350 million to expand the…
Tata Sons Chairman Chandrasekaran bestowed with France’s highest civilian award
May 17, 2023
Tata Sons Chairman Chandrasekaran bestowed with France’s highest civilian award
New Delhi– Tata Sons Chairman N. Chandrasekaran has been honoured with France’s highest order of merit, Legion d’Honneur, for bolstering…