Business

Sell stake in TikTok or face ban, US demands from Chinese firm ByteDance

Sell stake in TikTok or face ban, US demands from Chinese firm ByteDance

San Francisco– The Joe Biden administration has reportedly demanded that China-based ByteDance, the owner of TikTok, must sell its stake…
Bring back you money, new Silicon Valley Bank CEO urges depositors

Bring back you money, new Silicon Valley Bank CEO urges depositors

San Francisco– Tim Mayopoulos, new CEO of collapsed Silicon Valley Bank (SVB), has urged depositors to return with their money…
Meta CEO fires 10K more employees, shuts 5K additional open roles

Meta CEO fires 10K more employees, shuts 5K additional open roles

New Delhi– Meta Founder and CEO Mark Zuckerberg on Tuesday announced to sack an additional 10,000 employees via several job…
US cut over 21K tech jobs in Feb: Report

US cut over 21K tech jobs in Feb: Report

San Francisco– Companies in the US cut 77,770 jobs in February, compared to 1,02,943 in January, with technology companies continuing…
I & my team had to be let go as part of Microsoft’s layoffs: Sacked Indian-origin worker

I & my team had to be let go as part of Microsoft’s layoffs: Sacked Indian-origin worker

New Delhi– In an effort to cut costs, Microsoft laid off more employees last week to tackle the challenging times,…
‘Banking system is safe’: Biden reassures markets, people

‘Banking system is safe’: Biden reassures markets, people

Washington– US President Joe Biden on Monday attempted to reassure Americans that the banking system will hold up, media reports…
Adobe won’t do mass layoffs, says its chief people officer

Adobe won’t do mass layoffs, says its chief people officer

San Francisco– Bucking the layoff trend that has hit companies across the spectrum, software major Adobe has said it will…
How women in tech can break the bias

How women in tech can break the bias

BY PRIYANKA JAIN New Delhi– Although there has been significant progress, cultural and societal norms still hurt the proportion of…
US big businesses support President Biden’s price cuts in rare gesture

US big businesses support President Biden’s price cuts in rare gesture

BY T.N. ASHOK Washington– Corporate America has, in an unusual and rare gesture, cast aside its “profit for business” capitalist…
Three women pilot global aircraft engine maker Pratt & Whitney in India

Three women pilot global aircraft engine maker Pratt & Whitney in India

BY VENKATACHARI JAGANNATHAN Chennai– A glance of the International Women’s Day programme to be held at Indian Institute of Science…
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