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POACHING IN TECH INDUSTRY
Mphasis playing host to a high-stakes game of executive musical chairsMphasis faces a wave of senior executive departures. Over a dozen high-performing leaders have left since 2025 for competitors such as Cofo...- 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.
- DeepSeek could be valued at up to $50 billion in first fundraising: SourcesChinese AI firm DeepSeek is seeking a massive valuation of up to fifty billion dollars in its first funding drive. The company aims to rais...
- Prometheus bound: Why xAI cofounder and former OpenAI hand Kyle Kosic is heading to Jeff Bezos’ AI ventureJeff Bezos’ AI venture Project Prometheus has hired Kyle Kosic, a former OpenAI engineer and xAI cofounder, to strengthen its infrastructur...
- China targets Taiwan's chip prowess to evade global 'containment', Taipei government saysTaiwan, which China claims as its own territory, frequently reports busting networks of Chinese firms illegally trying to poach semicondu...
- Taiwan probes 11 Chinese firms for illegal poaching of tech talentTaiwan said on Monday 11 Chinese firms are being investigated for alleged illegal poaching of semiconductor and other high-tech talent, ste...
- Taiwan wants to arrest OnePlus CEO in latest step to block ChinaTaiwanese authorities have issued an arrest warrant for OnePlus CEO Pete Lau. He is accused of illegally recruiting over 70 engineers from ...
- Big Four partners switch teams to ace talent matchIndia's Big Four firms—EY, KPMG, Deloitte, and PwC—are engaged in aggressive partner poaching to fill capability gaps and bolster high-dema...
- Poaching war: Staff at Mira Murati’s AI startup reject Meta’s advancesAs per the report, despite the generous offers, none of the 50 people on Murati’s team accepted offers by Meta. While Meta may have missed ...
- Meta’s shocking $200 million offer to this Apple AI engineer is blowing minds — meet Ruoming PangMeta poaches Apple AI engineer Ruoming Pang with a jaw-dropping $200 million pay package, shaking up the AI job market. Pang, who led Apple...
- US senators call out big tech's new approach to poaching talent, products from smaller AI startupsPresident Joe Biden's administration and lawmakers from both parties have promoted stricter oversight of the tech industry recently. US ant...
- Tech Mahindra may pick CitiusTech’s Atul Soneja as COO: sourcesSoneja was heading Edge Products at Infosys when Mohit Joshi, managing director and CEO-designate at Tech Mahindra, was president at the Be...
- Semiconductor secrets: Taiwan's government propose a law to prevent China from stealing its chip technologyTech powerhouse Taiwan makes the majority of the world's most advanced semiconductor chips, used in everything from fighter jets to mobile ...
- US trade war pushing China to steal tech, talent, Taiwan saysWashington has taken aim at China's tech industry during the bitter trade dispute, putting sanctions on firms including telecoms equipment ...
- TechM should improve margins, says Anand Mahindra“You talked about TCS having a higher margin, I am glad you said it loudly, it’s a good thing for him (CP Gurnani) to hear,” Mahindra told ...
- Housing vs Sequoia spat goes viralA brusquely worded email by Housing.com's co-founder Rahul Yadav to Shailendra Singh, MD at Sequoia Capital India, had leaked and gone vira...
- IT cos should not resort to poaching: NasscomWith over 2.3 million staff on their payroll, tech firms continue to see their attrition rates rise as rivals poach staff. Spanco challenge...
- Satyam to give Tech Mahindra broader service canvas: NasscomMittal lauded the role of government, industry and the Indian IT companies in working towards the resurrection of Satyam.
- BPOs to seek sops to offset rising ReHit by an appreciating rupee, BPO firms are going to lobby for subsidies and sops.
- Poaching comes under legal radarWipro Biomed has won a court order restraining Beckman Coulter from luring its employees.
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