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COMPASS ACQUISITION NEWS
Microsoft to cut 650 support jobs in Xbox Games unitMicrosoft layoffs: The roles to be eliminated are in “mostly corporate and supporting functions,” according to a memo sent to staff by Xbox...
AI and Machine Learning for CTOs: Navigating Technological EvolutionChief Technology Officers (CTOs) play a crucial role in shaping the future of organizations in the era of digital transformation. Understan...
Why PhonePe-ZestMoney deal fell through; top leadership changes at Swiggy InstamartPhonePe has walked away from buying cash-strapped buy-now-pay-later (BNPL) startup ZestMoney amid due diligence concerns, per multiple peop...
PhonePe calls off deal to acquire ZestMoney; Unacademy to slash 12% of workforceIn the end, it was much ado about nothing. After months of back and forth and oohs and aahs, PhonePe, one of India’s leading fintechs and t...
Mass firings at Twitter, Better.com show us the dark side of digital layoffsTwitter's approach resembles strategies adopted by a growing number of companies in recent years.
Twitter job cuts: what are digital layoffs and what do they mean for employees and companies?Musk's plans to restructure Twitter began with laying off top executives, before notifications were emailed to around half of the Twitter g...
From 'Go Forward' to 'Rightsizing': How layoff euphemisms may dehumanise the processEmployers often refer to cutting roles rather than employees.
Twitter may announce Musk deal today; Urban Company gets four new board membersTwitter may announce the $43-billion deal later on Monday once its board has met to recommend the transaction to Twitter shareholders, the ...
Better.com CEO Vishal Garg apologises after firing 900 employees on a Zoom call, says he 'blundered the execution'After the video went viral, the CEO has now apologised for the way he conducted himself.
SoftBank's Saudi connections could mean cash after crackdownThe Saudi prince has been the largest investor in the SoftBank Vision Fund, contributing almost half of the money Son has been raising to a...
New Uber CEO hints at 2019 IPO as he takes over troubled startupRewriting the company's ethical code will be a symbolic way for the newly appointed CEO to put his stamp on a company scarred by months of ...
Realty sector heads for consolidation with mushrooming of online real estate startupsFollowing the mushrooming of online real estate startups, the segment is headed for a consolidation that will lead to monetisation and stro...
Quikr buys CommonFloor four months after launching QuikrHomesThe deal was structured as a majority stock swap and values CommonFloor at around $120 million. Quikr said it will continue to operate both...
- Goldman Sachs reclaims top spot in global M&A
Goldman Sachs reclaimed the top spot for mergers and acquisitions advice in the first half of 2010, underlining the Wall Street giant's res...
- Convergence of web with mobile gains momentum
Cameras and music on cell phones is old news, the next big step is to make mobile phones as diverse as personal desktop computers. Phones f...
- Hilton shares gained most since 2005 before takeover
Hilton Hotels shares rose the most since the end of 2005 before the second-largest US hotel chain announced its agreement to be acquired by...
- Indra Nooyi takes over Pepsi HQ
She will be the first Indian woman (or is it professional?) to head a Fortune 100 company.