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AMAZON LAYOFFS SUMMON
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.- Groww enters Rs 1 lakh crore club; Ecomm looks for AI edgeFresh off its stellar public market debut, Groww has entered the Rs 1 lakh crore club. This and more in today’s ETtech Top 5.
- Tesla gambles on 'black box' AI tech for robotaxisTesla plans to reveal its 'Cybercab' robotaxi prototype, highlighting a unique self-driving approach reliant solely on cameras and AI machi...
- How Siri, Alexa and Google Assistant lost the AI raceThe tech world is now gushing over a different kind of virtual assistant: chatbots. These AI-powered bots, such as ChatGPT and the new Chat...
- The AI chatbot that dragged Microsoft to hellThis week, news website Semafor reported that the software giant is in talks to invest $10 billion in OpenAI, the company behind the revolu...
- Exclusive: Many PE, VC funds get Sebi notices; Infosys net profit up 13.4% in Q3These private-equity and venture capital funds, registered with the Securities and Exchange Board of India (Sebi) as AIFs, failed to adhere...
- Pune labour commissioner summons Amazon over mass layoffsThis is the second notice Amazon has received over its job cuts. In November, the labour ministry asked it to appear before the deputy chie...
- Infosys net profit up 13.4% in Q3; Cashfree starts layoffs; and Goat acquires ChumbakInfosys said earlier today its consolidated net profit for the December quarter rose 13.4% on year to Rs 6,586 crore, beating estimates. Ar...
- 2022 Year in Review: the biggest stories in technology & startups this yearFrom controversies and regulatory diktats to high-profile exits and en masse layoffs, 2022 was a turbulent year for the tech industry.
- 2022 Year in Review | Big Tech ‘monopolies’ come under scrutinyIndia has drawn up or proposed legislation — the IT rules, the draft Digital Data Protection Bill, and the proposed Digital Competition Act...
- 2022 Year in Review | Tech firms embrace layoffs as recession fears buildAfter two years of staggering growth during the pandemic, online businesses were caught out when Covid began to fade. Russia’s invasion pro...
- Meta’s ads business faces a reckoning in EuropeWhile the fallout from Apple’s move is still playing out, there’s little doubt it has delivered a swift uppercut cut to Meta’s once-invinci...
- Amazon reassessing some India experiments: Manish Tiwary; US tech layoffs may increase demand for EB-5 visasTiwary added that the technology giant would double down on its investments business-to-business (B2B) marketplace, pharmacy, grocery and s...
- Amazon CEO Andy Jassy defends mass layoffs, againSpeaking at the New York Times DealBook Summit, Jassy said, defending the layoffs at Amazon, that the company needed to streamline costs af...
- UPI market share rules postponed; Amazon plays down India layoffsIn November 2020, the National Payments Corporation of India announced controversial new rules that sought to cap the market share of indiv...
- Amazon downplays India layoffs, terms them 'voluntary separation'ET on November 25 reported that the company had told the labour authorities in Bangalore that it has not sacked any employee, but only let ...
- Swiggy, PayU seeing strong growth, says Prosus; Sebi move jolts fund industryProsus, the Dutch-listed arm of South African technology investor Naspers, said on Wednesday that Swiggy and PayU, its food-delivery and pa...
- Union labour ministry summons Amazon over layoffsThe development comes after a complaint filed by the employee union Nascent Information Technology Employees Senate (NITES) in which it has...
- Taking the battle head-onTwitter, in its writ petition, said orders from the ministry of electronics & information technology (MeitY) were “overboard and arbitrary,...
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