Business
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Thousands of Salesforce employees just came to know they’ve been sacked
New Delhi: Several Salesforce employees just came to know that they have been fired, as the company began laying off 7,000 workers or 10 per cent of its workforce as announced earlier…
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Netflix, GM partner to include more EVs in shows, movies
San Francisco: Streaming giant Netflix has announced that it has partnered with American automaker General Motors (GM) to include more electric vehicles (EVs) in its shows and movies. The partnership aims to…
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Apple logs $65.8 bn in iPhone revenue as China disruptions hit supply
New Delhi: Apple reported $65.8 billion in revenue for iPhones in the holiday quarter, down 8 per cent (year-over-year). However, on a constant currency basis, iPhone revenue was roughly flat, according to…
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Google employees protest against job cuts, low pay in US
San Francisco: Google employees staged protests in the US this week to call attention to labour conditions for sub-contracted workers and to support thousands of their recently laid-off co-workers, the media reported.…
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Low H-1B visa limit affecting employers: Study
New York: The low annual limit for US H-1B work visa petitions is currently the main problem facing employers trying to secure foreign-born talent, according to a new research. The H-1B visa…
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NSE, BSE put 3 Adani Group companies under short-term additional surveillance measure
New Delhi: As many as three Adani group companies, including Adani Enterprises, have come under short-term additional surveillance measure (ASM) framework of the BSE and NSE, according to the latest data available…
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BYJU’s slashes around 15% roles, mostly in engineering, as phased layoffs on
New Delhi: Edtech major BYJU has laid off a further 15 percent of its employees from its engineering teams, as the company continues phased layoffs to remain growth-oriented in a global economic…
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Govt has tried to simplify taxation regime in budget: Revenue secretary
New Delhi: Government has tried to simplify the taxation regime in the budget, be it corporate tax or personal tax, Revenue Secretary Sanjay Malhotra said on Thursday. Addressing a post-budget discussion organised…
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Adani Group has not pledged shares of Ambuja Cements and ACC Ltd
Chennai: The promoters of cement makers Ambuja Cement Ltd and ACC Ltd – Adani Group – have not pledged their shares in the two companies, the group said. “We would like to…
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Union Budget to usher in new era of growth and development for J&K, says BJP leader
Srinagar: Bharatiya Janata Party national general secretary Tarun Chugh on Thursday hailed the Union budget as a historic step for the development of J&K Union Territory. In a statement, Chugh said the…
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Tea sector unhappy over total negligence in Union Budget
Kolkata: As Union Finance Minister Nirmala Sitharaman remained totally silent about the tea industry in her Budget speech, the sector operators are frustrated and the observers of the industry are surprised. According…
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Samsung partners with Qualcomm, Google to build XR ecosystem
San Francisco: Samsung Electronics Co has announced that it has partnered with Qualcomm and Google to build an ecosystem for extended reality (XR). The South Korean tech giant announced the partnership at…
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Netflix introduces new features to Premium plan members
New Delhi: Streaming giant Netflix has announced new features that will be available at no additional cost to members, who are already on the Premium plan, choose to upgrade, or are signing…
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Pinterest lays off about 150 employees amid cost-cutting measures
San Francisco: Photo-sharing social media platform Pinterest is reportedly laying off about 150 employees amid cost-cutting measures. The move affected less than 5 per cent of Pinterest’s total workers, reports Bloomberg, citing…