Layoffs in 2023: Microsoft, Cognizant, Accenture among latest firms to cut jobs amid economic turmoilThe layoff wave has swept not only startups and mid-sized firms, but also big tech companies such as Amazon, Microsoft, and Google parent A...
11 Jul, 2023, 12.42 PM IST
Tanla Platforms to acquire ValueFirst for Rs 346 crore from TwilioTo this effect, Tanla has signed a definitive share purchase agreement to acquire ValueFirst, “subject to upward closing adjustments in the...
08 Jun, 2023, 05.45 PM IST
Shopify to lay off 20% of its workforce, beats quarterly revenue estimatesThe company posted revenue of $1.51 billion in the quarter ended March 31, compared with analysts' estimate of $1.43 billion, according to ...
04 May, 2023, 05.24 PM IST
Funding winter may lead to market share gains for Nykaa, Zomato; Google India fires 453 employeesThe funding winter has prompted some companies to cut costs, rethink business models and lay off employees. But the challenging environment...
17 Feb, 2023, 08.12 PM IST
Tech CEO salary cuts aren’t always the sacrifice they seemCorporations are increasingly keen to show investors they’re heeding calls for steep cost-cuts to help margins — including chopping CEO sal...
16 Feb, 2023, 11.39 AM IST
ETtech Interview | Non-tech sectors modernising faster as growth slows at tech firms: Postman CEO Abhinav AsthanaThe most valued Indian Software-as-a-Service (SaaS) startup at $5.6 billion, Postman has partnered with companies like Axis Bank and Disney...
16 Feb, 2023, 07.05 AM IST
Twilio to lay off 17% staff, close offices to focus on profitabilityThe layoffs, which is the second such instance in six months, sent Twilio's share up 2%.
13 Feb, 2023, 09.20 PM IST
GoodRx leaked user health data to Facebook and Google, FTC saysFrom 2017 to 2020, GoodRx uploaded the contact information of users who had bought certain medications, like birth control or erectile dysf...
02 Feb, 2023, 04.11 PM IST
Paternity leave gaining ground among Indian companiesIn India, central government employees get 15 days of paternity leave, but there is no formal policy in place for employees in the private ...
20 Feb, 2022, 07.19 AM IST
Silicon Valley firms in no hurry to open up offices despite easing of virus banStarting Wednesday, companies in San Francisco and Santa Clara are allowed to open up their offices for up to a quarter of their capacity.
24 Mar, 2021, 09.13 AM IST
Icertis raises $80 million funding at $2.8 billion valuationIcertis, a Pune-based software firm, will use the funding to fuel its expansion plans and product development, CEO Samir Bodas says.
12 Mar, 2021, 11.29 AM IST
Bears are going extinct in stock market’s $13 trillion reboundBears pulled out as buying surged among professional investors who were forced back into stocks despite a recession, stagnating profits and...
22 Aug, 2020, 06.29 PM IST
Nasdaq momentum is hottest in 20 years with Amazon leading surgeThe Nasdaq 100 rose almost 3% Monday, its best day versus the S&P 500 since mid-April.
21 Jul, 2020, 05.31 PM IST
MSCI adds Saudi Arabia, Argentina indexes to emerging markets indexAll changes will be implemented as of the close of May 28.
14 May, 2019, 08.52 AM IST
IPO valuations show right time for young tech firms to go public is nowThe IPO market is recovering, and that is good. Time will tell, though, if the IPO market has overshot recovery and headed straight into a ...
09 Apr, 2017, 11.49 AM IST
Snapchat's IPO leads way for other overheated startupsParent company Snap Inc. on Wednesday sold its first shares of stock to the public at $17 a share, or a market value of about $24 billion, ...
03 Mar, 2017, 10.04 AM IST
Lifesize splits from Logitech; goes solo with $17.5 million fundingWeb collaboration technology provider Lifesize today said it has split from Swiss computer peripheral firm Logitech.
23 Feb, 2016, 08.08 PM IST