Indian online used car vendors like CARS24, CarDekho, and Spinny are streamlining operations and divesting from secondary ventures to prepa...

Equities rose in Japan, South Korea and Sydney, with futures pointing to a soft open in Hong Kong. US contracts edged higher in Asia after ...

Take-Two Interactive Software plans to cut 5% of its workforce, around 600 employees, and cancel projects to achieve $165 million in annual...

ByteDance Ltd. witnessed a remarkable 60% surge in profits in 2023, surpassing industry giants Tencent Holdings Ltd. and Alibaba Group Hold...

Sony is cutting about 900 jobs at its PlayStation unit and shutting a studio in London. The layoffs come after Sony slashed the annual sale...

According to data from Layoffs.fyi, a layoff-tracking website, a total of 2,62,595 employees were laid off last year by 1,187 tech companie...

Corporate America is drastically reducing its workforce as part of its restructuring efforts to prepare for a probable economic downturn br...

Layoffs will affect three out of Tencent's six business divisions - platform and content (PCG), which comprises of its video and news platf...

Big-name investors who’ve made billions from Tencent Holdings, Alibaba Group Holding, and BYD Co., are taking money off the table.

Alibaba plans to reduce its strategic investment team of more than 110 people, mainly based in mainland China, to about 70, said two of the...

The billionaire said he has a "super bad feeling" about the economy and that the electric carmaker needs to axe about 10% of its workforce,...

Tencent Holdings, which gets much of its revenue from gaming and develops games such as 'Honour of Kings' and 'Call of Duty Mobile', said d...

Over the past year, China has launched a relentless crackdown on big tech firms, with a raft of new regulations aimed at curbing consumer r...

The company has also kickstarted the second edition of its programme ZeroTo2 - designed to hire freshers and young talent including enginee...

Like rival Tencent Holdings Ltd, ByteDance’s social media channels have seen usage spike after the Covid-19 pandemic confined millions of p...

Now the market is feeling the pinch. Hiring numbers are down, company margins are thinner and tumbling technology stocks have wiped nearly ...

The 10-year-old startup is fighting for its life against Amazon.com Inc. and other rivals looking for a piece of the fast-growing India mar...