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Days after Meta sent 4 AM layoff emails to 8,000 employees, CEO Mark Zuckerberg says fears of AI job losses are overstated and more jobs could be created if...Meta CEO Mark Zuckerberg believes artificial intelligence won't necessarily lead to mass job losses. He has argued that companies can choos...
PepsiCo, L'Oréal, Carrier among firms set to create 5,000 jobs in IndiaLeading consumer companies are injecting significant investment into India, creating nearly 5,000 new jobs over the next two years. This ex...
Micron pledges $250 million for Trump Accounts, says US PresidentMicron Technology has pledged $250 million to the "Trump Accounts" initiative, a program designed to bolster financial security for America...
Fear and anger brew inside Meta amid AI frenzyA frenzied push for artificial intelligence dominance comes with a different kind of cost for Meta, where massive layoffs, employee surveil...
Kotak to buy Deutsche's India retail, wealth businessKotak Mahindra Bank is set to acquire Deutsche Bank's retail, private banking, and wealth management operations in India. This significant ...
Cheaper AI is better: Soaring bills are reshaping how businesses choose modelsTop executives such as Microsoft's Satya Nadella, Palo Alto Networks' Nikesh Arora and Coinbase Global's Brian Armstrong have said smaller,...
Verizon join forces to create $4 billion international joint ventureBT and Verizon are merging their international enterprise operations into a new 50:50 joint venture, aiming to serve multinational clients ...
Delhivery’s Barua bets on consolidation; Amazon, Flipkart’s qcomm price warHappy Monday! Delhivery CEO Sahil Barua told us in an interview that the logistics sector is likely to see more consolidation. This and mor...
Persistent's Nagarro deal could be a near-term pain for long-term gainPersistent Systems is acquiring Nagarro SE for $1.3 billion, aiming for European expansion and reduced US market reliance. While strategica...
Mark Zuckerberg asks Meta to explore working with Polymarket and Kalshi: ReportThe social media company's executives have said Arena, Meta's new prediction market app under development, will differ from Polymarket and ...
Persistent Systems to acquire Nagarro; combined entity to generate $2.9 billion in annualised revenueIndian IT firm Persistent Systems is making a significant move by launching a takeover bid for German digital engineering company Nagarro S...
ITC Chairman Sanjiv Puri's pay packet shrinks 6.8% to Rs 23.9 crore in FY26In FY26, Sanjiv Puri, the Chairman and Managing Director of ITC, saw his total compensation decline by 6.8% to Rs 23.91 crore. This reducti...
Who is Shankh Mitra? The Indian-origin CEO who became the world's second-highest paid executive in 2025 after Elon MuskIndian-origin Shankh Mitra, CEO of Welltower, has been named the world's second-highest paid executive in 2025 with an $821 million package...
Bleak job market for H-1B returnees; Delhivery investors' exitLaid off tech workers from the US face an unprecedented job slump back home. This and more in today’s ETtech Morning Dispatch.
Sarvam gets state backing; Andy Jassy’s India visitHappy Thursday! The Indian government may soon end up taking a stake in Sarvam AI. This and more in today’s ETtech Morning Dispatch.
Infosys’ Salil Parekh topped IT CEO pay in FY26; here’s what the big chiefs madeInfosys CEO Salil Parekh led the pack among top Indian IT executives in FY26, earning Rs 82.6 crore. Tech Mahindra's Mohit Joshi followed w...
Mark Zuckerberg directed Meta to create a prediction markets app: NYTMeta is reportedly developing a new app, codenamed 'Arena,' designed to function like prediction markets such as Polymarket and Kalshi. Ini...
Explained | What is the 'Boss Scam' and how hackers are using CEOs' WhatsApp accounts to steal moneyA sophisticated 'Boss Scam' is targeting Indian companies, with cybercriminals hijacking executives' WhatsApp accounts to authorise fraudul...
Lucid Motors layoffs 2026: EV maker slashes jobs ahead of SUV launch - why is Lucid laying off employees, how many jobs are being cut and which roles are impacted?Lucid Motors layoffs 2026 explained: EV maker Lucid Motors is undergoing significant workforce reductions, cutting approximately 18% of its...
This family sold its business for $1.7 billion and rewarded 540 factory workers with a $240 million giftA Louisiana-based company, Fibrebond, has made headlines after its sale for $1.7 billion, with former owner Graham Walker gifting a stagger...