Category: Technology
Tech sector layoffs: US lawmakers write to immigration agency on impact of massive layoffs in tech sector
[ad_1] Expressing concern over the large-scale layoffs in the tech industry, a group of lawmakers from Silicon Valley has written to the US immigration agency to ensure that the highly-skilled immigrants on H-1B visas, the most sought-after by Indian IT professionals, can remain in the country even after losing their jobs. Thousands of highly skilled ...
TCS Q4 net profit up 15% to Rs 11,392 crore; PhonePe chalks up another $100m from GA, more expected
[ad_1] Tata Consultancy Services (TCS) said its net profit for the final quarter of fiscal 2023 rose 15% on-year, but India’s largest software exporter pointed to macroeconomic concerns which may hurt the IT services firm. This and more in today’s ETtech Morning Dispatch. Also in this letter:■ PhonePe gets another $100 million from General Atlantic, ...
chatgpt: ChatGPT can resume in Italy if meets data watchdog’s demands
[ad_1] Italy’s data protection agency set out a list of demands on Wednesday to address its concerns over ChatGPT and allow the chatbot service run by OpenAI to resume in the country. Almost two weeks ago Microsoft Corp-backed OpenAI took ChatGPT offline in Italy after the authority, known as Garante, temporarily restricted its personal data ...
ADIF: Delhi HC to now hear ADIF’s case against CCI, Google next week
[ad_1] Delhi High Court judge Prathiba M Singh on Wednesday recused herself from hearing a petition filed by Alliance of Digital India Foundation (ADIF) against the Competition Commission of India (CCI) and Google. A different bench of the court will hear the matter on Tuesday, April 18, subject to orders by the chief justice, Justice ...
tcs: TCS reports addition of 821 employees during March quarter, attrition eases
[ad_1] IT major Tata Consultancy Services reported net addition of 821 employees in headcount in the fourth quarter (Q4) of FY23 from 613,974 in Q3FY23. Further, the headcount rose 22,600 from 592,195 in the year-ago period. This comes as India’s largest software exporter had a drop of 2,197 employees sequentially in Q3. Voluntary attrition for ...
musk: Twitter working on AI despite Elon Musk’s call for global pause: report
[ad_1] Elon Musk is advancing an artificial intelligence project at Twitter despite recently calling for an overall pause in developing such technology, US media reports said Tuesday. Musk has bought thousands of powerful, costly computing processors and hired AI engineering talent, Insider reported, while another tech-focused outlet, the Information, said the entrepreneur has floated the ...
hp shareholder lawsuit: HP must face shareholder lawsuit over sales, appeals court rules
[ad_1] A US appeals court on Tuesday revived a lawsuit alleging HP Inc defrauded shareholders by secretly using unprofitable tactics to boost sales of its printing supplies in 2015 and 2016. The 9th US Circuit Court of Appeals reversed a judge’s ruling dismissing the lawsuit as filed too late. Investors say they did not discover ...
musk: Legacy Twitter Blue ticks to be removed by April 20: Elon Musk
[ad_1] Twitter CEO Elon Musk announced on Tuesday, that the legacy Blue checks on Twitter will be removed by 20th of April. ‘Final date for removing legacy Blue checks is 4/20’, Musk tweeted. Final date for removing legacy Blue checks is 4/20 — Elon Musk (@elonmusk) 1681239318000 Last month, Twitter said it would winding down ...
apple: Apple to invest another $200 million in carbon removal fund
[ad_1] Apple Inc said on Tuesday it doubled its financial commitment to a fund it had established two years ago to invest in projects that remove carbon from the atmosphere. The iPhone-maker said it will invest up to an additional $200 million in its Restore Fund, which was created in 2021 with an initial $200 ...
apple: France considering antitrust action against Apple
[ad_1] France’s antitrust regulator is expected to go ahead soon with an investigation into Apple Inc over complaints tied to changes that the iPhone maker made in 2021 to its app tracking policies, news website Axios reported on Tuesday. French regulators are in favor of issuing a formal “Statement of Objections” to parties involved in ...