Business
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Google’s parent company Alphabet to lay off 12K employees
San Francisco: Joining the Big Tech league of Amazon, Meta and Microsoft, Google’s parent company Alphabet is now laying off 12,000 employees, or about 6 per cent of its workforce, globally, the…
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Apple, Samsung making OLED screens for iPad Pro, MacBook Pro
San Francisco: Apple and Samsung Display have reportedly started working together on OLED panel development for the upcoming iPad Pro and MacBook Pro devices, which are expected to be released next year…
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T-Mobile hacked again, 37 mn customers’ data exposed
San Francisco: US telecommunication provider T-Mobile has been hit again in a data breach, this time involving 37 million customers. This is the eighth time T-Mobile has been hacked since 2018. The…
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Swiggy lays off 380 employees as food delivery growth slows
New Delhi: Online food delivery platform Swiggy on Friday confirmed that the company is laying off 380 employees as food delivery growth slows. “The growth rate for food delivery has slowed down…
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Job cuts deepen at chip-maker Intel, set to be completed by Jan 31
San Francisco: Chip-maker Intel is making deeper job cuts that will hit at least hundreds of employees in the Bay Area and nearby places in the US, the media reported. According to…
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Francoise Bettencourt tops list of 10 richest women in the world
The granddaughter of L’Oreal founder Francoise Bettencourt Meyers once again topped the list of the 10 richest women in the world. Most of the billionaires on the list are not only growing…
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SC declines to stay CCI fine of Rs 1,337 crore on Google
Delhi: The Supreme Court on Thursday declined to entertain a plea by Google challenging a National Company Law Appellate Tribunal (NCLAT) order, which refused to stay the operation of the Competition Commission…
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VC investment in India to remain sluggish in Q1 2023
New Delhi: VC investment in India is expected to remain soft in the first quarter of 2023, before starting to pick up in Q2 — in part due to India’s strong growth…
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Twitter Blue for Android now costs $11 per month
San Francisco: Elon Musk-owned Twitter has increased the price of its Blue service for Android users, with individuals now having to pay $11 a month. Twitter Blue plan starts at $8/month or…
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Fintech startups in India raised $5.65 bn in 2022, a 47% drop from 2021
New Delhi: Fintech startups in India raised $5.65 billion in 390 rounds last year, a massive drop of 47 per cent in terms of funding amount and 29 per cent in the…
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Apple expands Advanced Data Protection option globally
San Francisco: Apple has announced that it is expanding its Advanced Data Protection option for users globally. Beginning with iOS 16.3, the security feature will allow users to enable end-to-end encryption for…
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Amazon faces over $60K penalty for unsafe warehouse work conditions
Washington: US regulators have found that three Amazon warehouse facilities exposed workers to “ergonomic hazards”, including putting them at high risk for lower back injuries and other musculoskeletal disorders. Amazon faces a…
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Amazon begins new round of layoffs, 18K jobs to go
San Francisco: Amazon has started notifying its employees affected by its new round of layoffs, as a part of its plan to reduce its headcount by around 18,000 people, the media reported.…
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Elon Musk stands to lose billions over 2018 Tesla tweets in US trial
San Francisco: The controversial 2018 tweets by Elon Musk on taking Tesla private have come back to haunt him and he stands to lose billions in a class-action lawsuit by Tesla investors…
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India presents itself as resilient economy at World Economic Forum in Davos
Delhi: India has reiterated its position as a resilient economy providing stable policy to the global investors at the World Economic Forum (WEF) at Davos. India’s focus areas at WEF this year…
