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APPLE LEADERSHIP EXODUS
Apple rocked by executive departures, with chip chief at risk of leaving nextIn just the past week, Apple’s heads of artificial intelligence and interface design stepped down. Then the company announced that its gene...- Mass exodus at Apple: Why AI chief, policy boss, design head all walked out in 3 daysApple executive departures: A significant exodus of top Apple executives, including AI and design leaders, has occurred recently, continuin...
- Cred’s valuation cut; BluSmart ends rideHappy Monday! Fintech startup Cred is in talks to raise new funds at a reduced valuation. This and more in today’s ETtech Morning Dispatch.
- What's wrong with Apple?Apple had hoped to revive its fortunes over the past year with a virtual reality headset, the Vision Pro, and an artificial intelligence sy...
- Samsung’s sudden $122 billion wipeout shows the cost of sleeping on AISamsung Electronics Co. has seen a sharp drop in its market value, losing $122 billion. The company's struggles include lagging behind riva...
- It’s a good time to hold some cash as a deeper market correction is possible: Ashwini AgarwalAshwini Agarwal says “booms and busts all produce extraordinary gains and extraordinary losses and this is part and parcel of it. I do not ...
- Microsoft CEO Satya Nadella caps a decade of change and tremendous growthMicrosoft's stock has soared by more than 1,000% since Nadella took the helm in 2014, compared to the more gradual 185% growth of the broad...
- IT Q3 earnings off to a weak start; Dealshare’s new CEOThe third-quarter IT earnings for FY24 began on a weak note as TCS posted a low single-digit rise in net profit while Infosys saw its profi...
- Apple supplier Corning to build a Rs 1,000 crore facility in TN; Zomato to enter catering bizAmerican gorilla glass maker Corning is setting up a manufacturing unit in Tamil Nadu with an investment of Rs 1,000 crore, we have learnt....
- OpenAI investors considering suing the board after CEO's abrupt firingInvestors worry that they could lose hundreds of millions of dollars they invested in OpenAI, a crown jewel in some of their portfolios, wi...
- Amazon devices unit morale wanes amid cuts, weak development pipelineMorale within Amazon's hardware division, Lab126, has reportedly suffered due to staff cutbacks and concerns over the success of upcoming d...
- Amazon devices unit morale wanes amid cuts, weak development pipelineThe division, known as Lab126, was a focus for Amazon's founder Jeff Bezos, who portrayed it as an engine for future projects, but more rec...
- PharmEasy SOS: plans rights issue at 90% discount to repay loan; Cabinet approves Digital Personal Data billThe online drugstore plans to swallow a bitter pill in the hope that it can heal itself. The distress rights issue, if it goes through, wil...
- Indian startups rush to withdraw funds from Silicon Valley Bank; top level exits at Infosys concerning, say analystsSome founders are opening GIFT Bank accounts so that the transfers can take place at the earliest. These firms are also exploring transferr...
- Here's what Twitter lost in advertising revenue in final months of 2022Fourteen of the top 30 advertisers on Twitter stopped all advertising on the platform after Musk took charge on October 27, according to th...
- Who is 'Pappu' now? Mahua Moitra's jibe at Centre over fall in industrial output, other economic indicatorsMoitra accused the Narendra Modi government of spreading "falsehood" about India's growth and appealed to Finance Minister Nirmala Sitharam...
- How the Ukraine-Russia war rattled global financial marketsRecessions now look almost certain in Europe as prices of gas, critical for households and industry, more than trebled since June alone on ...
- As Silicon Valley giants Facebook, Twitter & Google embrace permanent WFH, others may followEven when Covid-19 is no longer a threat, tech giants are considering giving their employees permanent WFH.
- View: Another opportunity to put India’s economic house in orderFirms want to move or lessen their dependence. An active hunt for host nations is on.
- 17 metrics that will tell you where is President Donald Trump headedTrump's success or failure, both economically and as it pertains to his re-election prospects, will be judged by how the four key Midwest s...
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