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MICROSOFT BANKRUPTCY
VerSe Innovation allegedly billed Builder.ai without services; Indian company denies claimsVerSe Innovation, parent of Dailyhunt, and Builder.ai allegedly inflated revenue through reciprocal invoicing without actual services rende...- Builder.ai-Dailyhunt fake sales: All you need to know about the “round-tripping” scandalRound-tripping involves transferring money between companies without any genuine exchange of goods or services — the only aim being to infl...
- Microsoft unit in Russia to file for bankruptcy, database showsMicrosoft continued providing key services in Russia after Moscow's February 2022 invasion of Ukraine, but in June 2022 it said it was sign...
- ETtech Explainer: Why AI startup Builder. ai is filing for bankruptcy despite backing from Microsoft and QIABuilder. ai, a UK-based AI startup backed by Microsoft and QIA, is filing for bankruptcy after lender Viola Credit withdrew $37 million, le...
- Why Elon Musk said Microsoft founder Bill Gates could face bankruptcyElon Musk, CEO of Tesla and SpaceX, has hinted that Microsoft co-founder Bill Gates could go bankrupt. The world's richest man, Elon Musk's...
- Microsoft spent two years trying to buy Activision Blizzard, for Xbox CEO, that was the easy partAfter two years co-piloting the biggest acquisition in video game history past an onslaught of challenges, Xbox CEO Phil Spencer now moves ...
- Twitter accuses Microsoft of improperly using its dataLast month, Musk publicly called out Microsoft for "illegally" using Twitter's data to train its artificial intelligence technologies. "Law...
- Goldman expects Paytm to turn profitable in March quarter; Elon Musk faces tough choices on Twitter payments: reportPaytm’s stock has been on a steady decline since the company’s public market debut in November 2021, wiping out crores of investors’ wealth...
- Kodak surges after announcing plans to launch cryptocurrency called 'Kodakcoin'Shares in Eastman Kodak Co. more than doubled after it said it would launch the Kodakcoin.
- Nokia plant in Tamil Nadu left as an 'orphaned child': Ravi Shankar PrasadFinland-based Nokia, one of the largest employers in Sriperumbudur, had provided jobs to 8,000 people when the facility was functioning wit...
- Amazon is a big winner this earnings cycle. But not the only oneAmazon trampled forecasts and its shares surged 13 per cent Friday to close at a record $1,100.95.
- Meet this maverick short seller whose favourite pastime is exposing ‘bad companies’Some of the most respected people in the investing industry say that nobody has had a better nose for sniffing out fraud than the 56-year-o...
- Four famous mergers that went southThe biggest pharma union ever, Pfizer and Allergan in a $160 billion deal, was scuttled by the US government this month. Here are a few oth...
- From Motown to notown: Detroit finally files for bankruptcy protectionIn 1971, a couple of realtors in Seattle put up a hoarding outside the city's Sea-Tac Airport that "Will the last person to leave Seattle p...
- Apple, Google team up for $500-mn Eastman Kodak patents bidApple and Google have joined forces to offer more than $500 million to buy Eastman Kodak Co's patents out of bankruptcy, sources said.
- Apple overtakes MS in market capApple overtook Microsoft to become the most valuable technology company on optimism it can keep adding customers for its iPhone, Macintosh ...
- Finally, GM files for bankruptcyGeneral Motors filed for bankruptcy after years of struggling with huge labour costs, consumer apathy to fuel-guzzling cars and SUVs and a ...
- Microsoft to open own retail storesMicrosoft Corp. on Thursday announced plans to open its own stores despite the economic downturn that has left many retailers struggling.
- Job website logs out more than 300 employeesA leading job portal, whose shareholders include media companies Tribune and Gannett Co Inc as well as software major Microsoft, has logged...
- Ybrant Digital to buy US online ad firmYbrant Digital, a Hyderabad-based digital marketing solutions firm, is mounting a bid to acquire ‘Spam King’ Scott Richter’s Media Breakawa...
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