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Amazon US Prime sign-ups slow despite expanded of Prime Day sales, data showsAmazon's Prime Day sales event saw record numbers. However, new U.S. Prime subscriptions fell short of expectations. Internal data reveals ...- Global bank bonds claw back losses as markets rout easesFollowing a sharp fall on Monday, European bank bonds rose once again, including Additional Tier 1 (AT1) bonds issued by companies such as ...
- Google shutters internal Stadia game studioGoogle launched Stadia in November 2019 as a new type of video-game platform that operates without a console and that stores game-playing s...
- StarTek looks at digital buys to tide over its Aegis troughPrivate equity firm Capital Square Partners, which bought Aegis and merged it with StarTek in 2018, has gone underwater on the deal as it h...
- A quarter of Cognizant employees is in digitalThe Teaneck, New Jersey-headquartered company shared this information on its first ‘analyst day’ held earlier this month to provide greater...
- Cognizant says growth will accelerate to 7-11% in midtermCognizant forecast 6-9% organic constant currency growth and an additional 1-2% of revenue growth from acquisitions in the mid-term.
- Cognizant to trim top deck to make room for juniorsCognizant clarified the number of job losses that were being targeted.“The number of senior job cuts will be under 200,” a Cognizant spokes...
- Cognizant raises lower-end of 2017 growth guidance; headcount fallsNasscom expects the Indian IT sector to grow 7-8% in constant currency for the financial year ending March 2018.
- Cognizant draws up plans to strike 5-10 deals a yearCognizant is dealing with the challenge of both winning new business in a troubled market and raising its margin.
- Cognizant to return $3.4bn to Investors in 2 yearsIn November, Jesse Cohn, a senior portfolio manager at Elliott, sent a letter to the IT company’s board asking it to shake-up its board, ra...
- Hedge fund Elliott takes aim at CognizantThis is the first time an Indian IT firm is facing an onslaught from an activist hedge fund and Elliott has a number of wins under its belt.
- Cognizant trims top-end of full year guidance amid client caution and Brexit worriesThe company's total revenue rose to $3.45 billion in the third quarter ended Sept. 30 from $3.19 billion a year earlier.
- Cognizant probes payments row, seeks to ascertain if certain payments violated US lawCognizant said the internal investigation is in its early stages and that it is not able to predict what action may be taken by the DOJ, or...
- Amazon Kindle Fire vs Apple iPad 2: How do the two compareBy pricing the Fire at less than half the iPad - yet stripping out costlier components- Amazon hopes to get the device into millions of con...
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