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TECH COMPANIES
‘The Nvidia case can help us limit East India Company-like practices’Stanford professor Fred Turner argues that Silicon Valley's culture, shaped by Cold War computing research and the 1960s counterculture, ha...- Meet Krishna Rao, the Indian-origin Anthropic CFO with a $700 million stake in the firmAnthropic is seeking to raise as much as $90.4 billionat a potential valuation of about $1.4 trillion as it prepares for its initial public...
- Drugmakers tap China AI app boom to reach doctors as crackdown upends marketingAs scrutiny intensifies, Chinese pharmaceutical companies are shifting gears toward digital marketing initiatives. Traditional face-to-face...
- H-1B visas in focus :IBM to end green card sponsorship for roles in biggest unitIBM is ending H-1B visa and green card sponsorship for most roles in its consulting division, its largest business unit with more than 150,...
- Anthropic targets valuation of about $1 trillion in IPOAnthropic has entered into agreements with partners AMD, Broadcom, Google, Micron, Microsoft, Nvidia, and TSMC, who will purchase $26.0 bil...
- Nvidia CEO Jensen Huang scandal: Honeytrap ends honeymoon?A lot of people stand exposed. Nvidia is roughly 8% of the S&P 500 — it sits in pension funds and index funds far beyond the US. Huang, at ...
- Bill Gates, Jeff Bezos to the Coldplay Kiss Cam: Nvidia CEO Jensen Huang’s extramarital affair not the first involving a top executive to shake the tech corporate worldNvidia's CEO, Jensen Huang, has publicly acknowledged his extramarital affair involving a business executive tied to espionage activities f...
- US Stock Market prediction: S&P 500, Nasdaq, Dow Jones look to start in positive, check factors that will drive Wall StreetUS Stock market investors will keep close eyes on Dow Jones as S&P 500, Nasdaq must continue the momentum.
- Bad AI cholesterol vs good AI cholesterolThe Magnificent 7 of Big Tech has recently experienced a staggering drop, losing over $1 trillion in collective market value. This decline ...
- Tech Mahindra to increase stake in Italian design firm PininfarinaTech Mahindra’s subsidiary, PF Holdings BV, entered into a commitment to buy the shares at 1.20 euros each, the Indian IT services company ...
- MacRitchie Investments sells 3.74% stake in CarTrade for Rs 470 crore; Smallcap World Fund, Norges Bank buy sharesMacRitchie Investments sold 18.20 lakh CarTrade Tech shares worth Rs 470.11 crore through a bulk deal. Smallcap World Fund and Norges Bank ...
- Why Big Tech companies Microsoft, Google, Meta and others are opting for voluntary buyoutsIn response to fluctuating market demands, Meta has rolled out voluntary exit packages in France aimed at workforce restructuring. This ini...
- AI gains fail to cool rising staff costs at Indian IT services firmsAlthough artificial intelligence (AI) and automation are changing the traditional labour-intensive model of IT services, they have yet to b...
- Apple seeks about $7 billion from bond sale, Bloomberg News reportsApple is seeking about $7 billion from a US-dollar bond offering, Bloomberg News reported on Thursday, citing people familiar with the matt...
- Apple seeks about $7 billion from bond sale: Bloomberg NewsThe iPhone maker is the latest major tech company to tap debt markets as the sector raises large sums to fund AI expansion. Apple did not i...
- ETtech Explainer: Why Meta is raising billions through bondsDeveloping AI models and offering AI-powered services requires enormous computing capacity. This involves building data centres, purchasing...
- Big Tech barely moved after the midterms, but Tesla and SpaceX fell up to 5%, and even Tesla missed the solar rally: Did Elon Musk’s big bet on Republicans just backfire?Tesla and SpaceX shares fell in premarket trading on Wednesday, Nov. 4: Today’s US stock futures pointed to a strong Wall Street opening, w...
- Tech funding hits 12-month low of $592 million in October; late-stage funding plunges 72%Early-stage funding, by contrast, rose 114% sequentially to $361.6 million from $168.6 million and was up 10.8% from $326.4 million in Octo...
- First husband, then wife lose their tech jobs in US, newborn baby at home and healthcare coverage worries. Heartbreaking post highlights growing anxiety among tech workersHa Nguyen, a founder and managing partner, shared the heartbreaking story of a US-based tech couple who lost their jobs one after another w...
- Apple drops with most of Wall Street, but gains for other Big Tech stocks cushion the blowThe stock market has been shaky recently as technology and artificial-intelligence stocks have swung on worries their prices shot too high ...
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