NEWS

Indian IT giant Wipro is planning to reduce hiring graduates for 2024

Indian IT giant Wipro is planning to reduce hiring graduates for 2024

19 Oct 2023

Wipro, an Indian tech-service outsourcing firm, is planning to reduce its hiring of engineering graduates this year.

Social media platform X is set to test a new $1/year subscription plan

Social media platform X is set to test a new $1/year subscription plan

18 Oct 2023

X, formerly known as Twitter, will start a new phase of testing plans that will be more elaborate than its X Pro plan (Twitter Blue).

Ericsson India's Q3 sales rise to approximately Rs 7,400 crore, growing 3.5 times

Ericsson India's Q3 sales rise to approximately Rs 7,400 crore, growing 3.5 times

18 Oct 2023

According to the financial report released on Tuesday, 17 October, 2023, Swedish telecom equipment manufacturer Ericsson experienced remarkable growth in net sales

Microsoft in negotiations for $1 billion cloud tools deal with Amazon

Microsoft in negotiations for $1 billion cloud tools deal with Amazon

18 Oct 2023

Microsoft wants to bring Amazon.com, as a customer, the 365 cloud productivity tools. The deal between them would reportedly be worth around $1 billion.

Foxconn and Nvidia partner together to build AI factories

Foxconn and Nvidia partner together to build AI factories

18 Oct 2023

Foxconn will attempt to build artificial data factories using Nvidia chips and software, which will be used in products such as self-driving cars

China’s Belt and Road Initiative will shift to a greener approach after a decade of big projects and big debt

China’s Belt and Road Initiative will shift to a greener approach after a decade of big projects and big debt

17 Oct 2023

The Belt and Road Initiative, which was undertaken by China a decade ago, looks to become smaller and greener.

Country Garden's offshore debt in default risk without payment

Country Garden's offshore debt in default risk without payment

17 Oct 2023

If China's largest property developer, Country Garden, fails to make a $15 million coupon payment on Tuesday, October 17, 2023,

LinkedIn will cut 668 more jobs amid slow revenue growth

LinkedIn will cut 668 more jobs amid slow revenue growth

17 Oct 2023

LinkedIn, which is owned by Microsoft, stated on Monday, October 16, 2023, that it would have to cut 668 jobs across various departments

Australian regulatory committee fines Elon Musk's social media platform X for child abuse prevention failures

Australian regulatory committee fines Elon Musk's social media platform X for child abuse prevention failures

16 Oct 2023

Elon Musk’s social media platform X has been fined by an Australian regulator for failing to cooperate with a probe into anti-child abuse practices.

U.S. pharmacy store Rite Aid files for bankruptcy protection amid several lawsuits

U.S. pharmacy store Rite Aid files for bankruptcy protection amid several lawsuits

16 Oct 2023

Rite Aid filed for Chapter 11 bankruptcy on Sunday, October 15, 2023, taking a step to suspend the lawsuits against the drugstore chain related to its alleged

Sir Jim Ratcliffe close to buy 25% of stake in Manchester United Football Club

Sir Jim Ratcliffe close to buy 25% of stake in Manchester United Football Club

16 Oct 2023

After months of negotiations and several bids being rejected, Qatari prince and investor Sheikh Jassim bin Hamad bin Khalifa Al Thani pulled out of the race

Report: Record high U.S. electric vehicle sales lead to Tesla's market share decline

Report: Record high U.S. electric vehicle sales lead to Tesla's market share decline

13 Oct 2023

The United States saw a drastic rise in the sale of electronic vehicles (EVs), with more than 300,000 units sold for the first time in the third quarter.

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