US weekly jobless claims fall amid low layoffsInitial claims for state unemployment benefits dropped 4,000 to a seasonally adjusted 226,000 for the week ended June 13, the Labor Departm...
18 Jun, 2026, 06.33 PM IST
Microsoft makes big AI inroads in China by selling OpenAI modelsMicrosoft is significantly growing its AI business in China, with ByteDance reportedly spending over $1 billion annually on its cloud and A...
18 Jun, 2026, 10.07 AM IST
AI startup Genspark valued at $2.6 billion in latest funding roundGenspark.ai secured $100 million in funding, valuing the company at $2.6 billion. This investment underscores strong investor confidence in...
17 Jun, 2026, 08.22 PM IST
Techie says firm fired 90% of staff, plans to hire back as developers are 'dime a dozen' in BangaloreA Bengaluru software architect reported his company laid off 90% of its tech staff, attributing the cuts to AI adoption and reduced custome...
17 Jun, 2026, 01.43 PM IST
US stocks: SpaceX nears $3 trillion valuation, overtakes Amazon and Microsoft in market valueSpaceX shares surged over 14% Tuesday, briefly surpassing Amazon and challenging Microsoft with a nearly $2.9 trillion valuation. The rally...
16 Jun, 2026, 08.23 PM IST
Microsoft sued by shareholders over expenses, cloud business, AIAbout $357 billion of market value was erased, and Microsoft's stock suffered its biggest one-day decline in nearly six years.
16 Jun, 2026, 07.29 AM IST
'Not a real job': Rs 15 LPA salary of IIM graduate's relative fails to impress father. Forces him to prepare for government careerA post by IIM graduate and investor Ankit Kedia has sparked a debate online after he shared how a relative was unhappy despite his son secu...
15 Jun, 2026, 06.45 PM IST
Jobseekers flood market after global tech layoff waveA significant surge of over 56,000 Indian tech professionals from major global companies are now actively seeking new jobs, a fourfold incr...
15 Jun, 2026, 09.17 AM IST
‘I lost my job to AI’: 24-year-old Meta data scientist says layoff was more relief than pain, big tech jobs are no longer safeLayoff news: A 24-year-old Meta data scientist, Moyan Chen, believes AI contributed to her layoff after less than a year. The experience ha...
15 Jun, 2026, 08.59 AM IST
YouTube earns more from Xbox games than Microsoft: CEO Satya NadellaMicrosoft CEO Satya Nadella said that YouTube generates more revenue from Xbox games than Microsoft itself, highlighting a struggle to mone...
14 Jun, 2026, 07.14 PM IST
Laid off at age 44. Many fears. How a 4-word advice from his 5-year-old daughter helped corporate professional to start all over againA 44-year-old professional, Himanshu Jha, celebrated his first layoff anniversary, viewing it as a catalyst for entrepreneurship. He founde...
13 Jun, 2026, 08.20 PM IST
Microsoft has considered spinning off Xbox: ReportMicrosoft is exploring significant changes for its Xbox gaming division. Options include a potential spinoff or restructuring as a wholly o...
13 Jun, 2026, 08.17 AM IST
Laid off by Amazon and Microsoft in 3 years, techie shares the golden rule for surviving AI-era job lossAfter being laid off by Amazon and Microsoft within three years, tech professional Dave Lewis was forced to rethink his career path in an i...
12 Jun, 2026, 07.56 PM IST
VCs turn the screws; Ex-Paisabazaar CEO’s new betHappy Friday! Investors are rewriting the rules of engagement with founders after governance blowups. This and more in today’s ETtech Morni...
12 Jun, 2026, 04.38 PM IST
Fable 5's cost challenge; Opendoor's India exitAnthropic's Fable 5 could rewrite how IT works, but the price tag and performance quirks raise hard questions. This and more in today’s ETt...
11 Jun, 2026, 10.11 PM IST
Microsoft's Xbox plans for major layoffs next month: ReportThe job cuts would mark the first major restructuring under Asha Sharma, who took charge as CEO of the gaming unit in February.
11 Jun, 2026, 08.51 AM IST
Salesforce layoffs: Employees from Agentforce AI, Mulesoft IT teams handed pink slipsThe enterprise software company has undertaken a fresh round of layoffs, affecting employees working on its Agentforce AI product, Mulesoft...
10 Jun, 2026, 10.47 AM IST