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PB Fintech's Q3 profit jumps; Budget's tech infra pushPB Fintech reported sharp growth in profits and revenue for the October-December quarter. This and more in today's ETtech Top 5.- Oracle Layoffs: Oracle plans to slash headcount by 20,000-30,000 to pay for AI data centres: ReportOracle Layoffs: These job cuts are likely to help ease the mounting financing pressures linked to Oracle’s multiyear cloud infrastructure c...
- How Electronic Arts' $55 billion go-private deal could impact the video game industryElectronic Arts has agreed to a $55 billion private equity buyout, set to be the largest ever, led by Saudi Arabia's PIF, Silver Lake, and ...
- Intel rescue will depend on Trump as investor — and pitchmanThe US government is considering taking a stake in Intel to bolster domestic chip production, even as analysts question whether funding alo...
- Elon Musk unveils Tesla's 'Cybercab,' plans to bring autonomous driving tech to other models in 2025Tesla CEO Elon Musk unveiled the new robotaxi called Cybercab, an AI-powered vehicle without steering wheels or pedals. Musk projected avai...
- Boeing eager to return to union talks as strike shuts factoriesBoeing is keen to resume negotiations after 30,000 workers went on strike, impacting production and finances. The strike, involving Interna...
- Infosys beats PAT and revenue estimates, dials up outlookA strong revenue expansion of 3.7% YoY during the period prompted the second-largest software exporter to forecast growth of 3-4% for FY25 ...
- Cognizant to buy advisory firm Thirdera to focus on workflow solutionsNew Jersey-based Cognizant plans to absorb 940 people from Thirdera into its ServiceNow business group, its channel partner which has a tea...
- Ahead of Market: 10 things that will decide D-St action on Wednesday“The short-term trend of Nifty seems to have turned down and the market is now approaching a crucial support zone of around 18,100-18,000 l...
- Wall Street week ahead: Energy shares look for next spark as investors eye recovering economyWith a gain of over 80 per cent in that time, the S&P 500 energy sector is back to levels last seen in February 2020, when the stock market...
- Volatility market braced for ‘too close to call’ Georgia runoffsResearch from LPL has found that a divided Congress has historically been good for the stock market.
- Ericsson aims for margin jump beyond 2022 as it sets new targetsThe telecom equipment maker has benefited from the global deployment of 5G technology just as diplomatic pressure from the United States is...
- Donald Trump or Joe Biden: Here's what market experts are saying on Election DayMany polls were still showing Democrat Joe Biden with a lead over President Donald Trump, raising investor expectations that the outcome of...
- Nikola confronts future of doubts on chair exit, stock dropThe worsening stock rout also is a blow to GM, which agreed to take an 11% equity stake in Nikola earlier this month
- Tesla's U-turn puts it back at square one on cashTesla has $1.3 billion in debt coming due in the next 12 months.
- Tesla's amazing. Tesla's horrible. The bulls and bears speakMake no mistake, the bulls say: Elon Musk can do it. The bears, though, are quite unconvinced.
- Wall Street is adding a new 'Weinstein Clause' before making dealsThe development is a concrete example of how business is trying to adapt to the #MeToo era, at least in terms of legal liability.
- Narayana Murthy may cut stint to 3 years if new Infosys CEO is namedN R Narayana Murthy may relinquish his position once a new CEO is appointed to succeed incumbent S D Shibulal in 2015.
- Infosys' growth pangs: Founders need to let go of their continuing influence?The desire to maintain higher profit margins is built into the Infosys DNA and the founders are prepared to defend that stoically.
- IT firms struggle with rising input costs & demand slowdown, reminiscent of 2008 crisisEarnings numbers from large IT firms is a reminiscent of the 2008-09 fiscal, when US corporations froze tech spending due to the financial ...
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