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Explained: Why Oracle shares crashed 10% in extended trading despite earnings beatOracle shares fell sharply in after-hours trading despite beating earnings estimates, as investors reacted to aggressive AI spending plans ...
US states preparing lawsuit to block Paramount's acquisition of Warner Bros, sources sayCalifornia, New York, and other states are preparing to sue and block Paramount's $110 billion acquisition of Warner Bros. The lawsuit, exp...
UK-based database management firm DSP opens first overseas GCC in Bengaluru, partners GoodWorks GroupUK database firm DSP has launched its first overseas Global Capability Centre in Bengaluru. This marks DSP's entry into India. The new cent...
Arm Holdings CEO says US would have difficulty banning AI CPU chip exports to ChinaArm Holdings CEO Rene Haas said on Tuesday that it would be difficult to block the export of CPUs to China that are useful for AI becaus...
Lenskart, Ola’s Q4 scorecards; Visa maze for laid-off techiesLenskart has posted a sharp jump in its March-quarter revenue even as profit dipped marginally. This and more in today’s ETtech Top 5.
Born out of microfinance, Bandhan Bank now bets big on AI and digital bankingAs Bandhan Bank accelerates its transition from a microfinance-led institution into a universal bank, Executive Director & COO Ratan Kumar ...
Sacked H-1B staff asked to do more B-2 paperworkTech giants such as Amazon, Oracle, and Meta have laid off thousands of employees in the past few months, and a large number of the affecte...
Over $150,000 income, safety from layoffs: This one profession could be one of the safest jobs as AI anxiety risesAs layoffs continue across major tech companies investing heavily in AI, one profession is seeing the exact opposite trend. Elevator mechan...
Deloitte India could lead professional services space soon: Romal ShettyDeloitte India’s leadership believes that the future of professional services will extend beyond traditional offerings to solutions, platfo...
India crowns Meta AI; More layoffs hit techIndia is now the ground zero for Meta’s AI push, WhatsApp chief Will Cathcart told us. This and more in today's ETtech Top 5.
In the PR battle for AI data centers, tech giants got a blue-collar allyAmerican construction unions are now key players in building the nation's artificial intelligence infrastructure. They are partnering with ...
Snap layoffs grow as AI push leads to 1,000 job cuts and major cost savingsSnap layoffs show how AI is changing jobs in big tech companies. The company is cutting workers to save money and improve speed using new t...
What a Paramount-Warner combo would spell for HollywoodIn a bold strategic maneuver, Paramount is on the verge of finalizing an $81 billion deal to purchase Warner Bros. Discovery. This monument...
US stocks: Warner Bros shareholders approve Paramount's $81 billion takeover of the Hollywood giantWarner Bros. Discovery's shareholders approved an $81 billion sale of the company to Skydance-owned Paramount on Thursday, propelling a meg...
Warner Bros shareholders to vote on Paramount's $81 billion takeover of the Hollywood giantWarner Bros Discovery shareholders are set to vote Thursday on the company's proposed $81 billion sale to Skydance-owned Paramount, in a me...
Warner Bros shareholders to vote on Paramount's $81 billion takeover of the Hollywood giantWarner Bros. Discovery shareholders are voting on a massive $81 billion deal to be acquired by Skydance-owned Paramount. This mega-merger c...
Tata Digital CEO on company's reset; Groww doubles net profit in Q4Happy Tuesday! Tata Digital CEO Sajith Sivanandan spoke to us exclusively about the ongoing restructuring at the company under him. This an...
Infosys, TCS, Wipro, other IT stocks climb up to 5%. Here's whyIT stocks rallied up to 5% on Wednesday, driven by improved market sentiment on hopes of fresh Iran-US talks and easing concerns around AI ...
Oracle appoints new CFO with $950,000 pay package less than a week after laying off 30,000 employeesOracle, which is facing criticism as it laid of around 30,000 employees, has hired its new chief financial officer, Hilary Maxson. In a reg...
Oracle appoints insiders Clay Magouyrk and Mike Sicilia as co-CEOsOracle named insiders Clay Magouyrk and Mike Sicilia as new CEOs, while longtime leader Safra Catz transitions to executive vice chair of t...