Business

Visa acquires fintech startup Pismo for $1 bn

Visa acquires fintech startup Pismo for $1 bn

San Francisco– Credit card major Visa has acquired Pismo, a cloud-native issuer processing and core banking platform, for $1 billion…
Google-owned navigation platform Waze lays off employees

Google-owned navigation platform Waze lays off employees

San Francisco– Google is reportedly laying off employees from its navigation and mapping company Waze, as it aims to merge…
Indian markets at all-time high driven by FII inflows

Indian markets at all-time high driven by FII inflows

New Delhi– Indian markets are at an all-time high, driven by strong inflows from the FII the past few months.…
WhatsApp Business surpasses 200 mn monthly active users globally

WhatsApp Business surpasses 200 mn monthly active users globally

New Delhi– Meta (formerly Facebook) on Tuesday announced that WhatsApp Business has surpassed 200 million monthly active users globally, up…
IBM acquires Apptio for $4.6 bn in all-cash deal

IBM acquires Apptio for $4.6 bn in all-cash deal

San Francisco– Tech major IBM on Monday announced it is acquiring Apptio, a leader in financial and operational IT management…
‘Gold prices may dip for correction in short term’

‘Gold prices may dip for correction in short term’

Chennai– Gold prices may dip for correction in the short term and the bias will remain negative for the yellow…
Intel India head Nivruti Rai steps down after 29 years at company

Intel India head Nivruti Rai steps down after 29 years at company

New Delhi– Intel India head Nivruti Rai has stepped down after spending 29 years with the chip-maker. She is slated…
Micron to set up $2.75 bn semiconductor facility in India

Micron to set up $2.75 bn semiconductor facility in India

Bengaluru–Micron Technology on Thursday announced to set up a new $2.75 billion semiconductor assembly and test facility in Gujarat, a…
Ex-Goldman Sachs banker Brijesh Goel convicted of insider trading

Ex-Goldman Sachs banker Brijesh Goel convicted of insider trading

New York–Former Goldman Sachs investment banker Brijesh Goel has been convicted of insider trading and obstruction of justice by a…
Diaspora says its expertise in healthcare, IT boosts soft power paradigm between India, US

Diaspora says its expertise in healthcare, IT boosts soft power paradigm between India, US

New Delhi– The Indian diaspora’s expertise in healthcare and IT in the US have strengthened the soft power between the two…
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