In the midst of a major leadership change and an increased emphasis on artificial intelligence, cloud software giant Salesforce has slashed 1,000 jobs across various teams in yet another wave of layoffs. Staff members in marketing, product management, data analytics, and positions associated with Salesforce's main artificial
A local software company in India has taken legal action in response to Anthropic's expansion to India. The lawsuit claimed that an Indian company was operating under the "Anthropic" brand. Hence, highlighting the potential clash between local incumbents and the fast worldwide push of AI enterprises.
Alphabet, the parent company of Google, discussed the possible effects of AI on its advertising business in its annual financial report that was released last week. It was pointed out that the firm might have some spare capacity due to its massive field commitments. Sundar Pichai, CEO, also informed stakeholders
The Supreme Court postponed a hearing on the petitions submitted by WhatsApp and Meta, parent firm of WhatsApp on January 9th. The INR 213.14 crore penalty imposed by the Competition Commission of India (CCI) regarding the messaging platform's 2021 privacy policy has been contested by the IT
The leadership shift that was announced last month has been finalised with the official confirmation of co-founder Deepinder Goyal's resignation as managing director, chief executive officer, and director by Eternal Ltd (formerly Zomato Ltd). On February 6, the company complied with SEBI's listing criteria and notified
Block Inc., a San Francisco-based finance company run by Jack Dorsey, is preparing for a large round of layoffs. These job cuts would reduce its worldwide staff by 10%. If this news is true, it would be the third round of layoffs at Block in the past two years. The
In order to bring its overall operational capacity to 32 MW by the end of the current fiscal year, infrastructure firm Larsen & Toubro (L&T) intends to commission 18 MW of data centre capacity by March-end. The data centre's overall capital expenditure is close to INR
With the launch of ACME Poshan this month in the Delhi-National Capital Region (NCR), the ACME group has joined the packaged goods market. It has released ten snacks, protein bars, and noodle items under the ACME Poshan brand, with seventeen stock-keeping units (SKUs). According to J. Kumar Upadhyay, founder and
Goodness Group Global Pty Ltd (GGG), an Australian health-focused beverage firm, was acquired by Reliance Consumer Products Limited (RCPL), the FMCG division of Reliance Industries, on 7 February. This acquisition further establishes RCPL as a major player in the international health beverage industry and ushers it into the Australian consumer
In a recent announcement, Mahindra Group detailed their plans to invest INR 15,000 crore over 10 years to build their largest integrated manufacturing complex in Nagpur. The project will produce automobiles and tractors. When fully operational, the factory can produce 500,000 automobiles and 100,000 tractors. In 2028,
In its ongoing multi-year campaign to reduce its employment, Wells Fargo has announced yet another wave of layoffs. Hence, bringing the total number of employees expected to lose their jobs in 2026 to over 100. According to the Des Moines Register, the lender has informed 49 employees of their impending
By April of 2027, Exchange Web Services (EWS) in Exchange Online will be permanently discontinued by Microsoft. Consequently, the transition from older email integration systems to the more modern Microsoft Graph platform is progressing at a faster pace. The Exchange Team said in a blog post dated 5 February that
Bharat Taxi, India's first ride-hailing platform supported by the government, was inaugurated by Union minister Amit Shah. The platform is based on the idea of shared ownership. At the 5 February launch ceremony in Delhi NCR, Shah stated that the platform's primary objective is to provide
Myntra, a leading fashion e-commerce company, is consolidating its operations and laying off workers. The goal of the exercise is to relocate its satellite operations from Gurugram to Bengaluru. While some positions will be eliminated, others will be consolidated into bigger teams centred in Bengaluru. Fifty people from the supplier
Adding to the recent spate of layoffs in the US tech and telecom industries, T-Mobile is planning to terminate the employment of approximately 400 workers in the state of Washington. According to local broadcaster KING 5, state filings reveal that the corporation intends to permanently eliminate 393 positions across various
In an effort to increase its technological prowess and, by extension, its long-term competitiveness, the Indian lender Kotak Mahindra Bank Ltd., which is owned by billionaire Uday Kotak, is reportedly hiring 500 engineers. In his pursuit of establishing a technology company with a banking licence, Chief Technology Officer Bhavnish Lathia
In the wake of discovering who else had lost their jobs in the most recent round of layoffs, Pinterest fired two engineers. Consequently, they went against the company's stated privacy and policy guidelines. As part of a larger reorganisation associated with an increased emphasis on artificial intelligence, Pinterest
Massive layoffs have taken place at the Washington Post, a news organisation with a rich history and considerable influence in the US. As part of a massive reorganisation that has abolished entire divisions, the newspaper fired about a third of its employees on 4 February. And as a result of
As part of its ongoing staff realignment efforts, aerospace giant Boeing intends to cut 300 supply chain positions in its military division. Affected employees will be notified this week. The layoffs would affect multiple locations across the US. Large firms across sectors are cutting back on staff and are looking
Juleo, an online matchmaking platform, has ceased operations. After failing to get additional funding, the startup's cofounder Varun Sud announced on LinkedIn that the company is "pausing" its services. Sud boasted that the company had created a fraud-proof AI matchmaker, identified the product-market fit, and helped
Dylan Scandinaro, a member of the Anthropic technical team, has been named Head of Preparedness at ChatGPT developer OpenAI. This recent development was announced by CEO Sam Altman on 4 February. The firm will soon be dealing with very strong models, according to Altman, and they will need corresponding protections.
Google's parent company, Alphabet, is planning to take up a huge office block in Bengaluru in order to expand its operations in India. This might result in the creation of as many as 20,000 new jobs. This decision is made in light of the fact that American
Citizens and Infosys, a consulting and digital services firm for the future, have just announced their partnership. The Citizens Bank is among the most ancient and massive American financial organisations. With the help of Infosys, the bank's AI-first Innovation Hub will be launched in Bengaluru, India. Accelerating AI-driven
Elon Musk is signalling a change of guard within his corporate empire with his intention to merge SpaceX with his money-burning artificial intelligence startup xAI. Musk owes a great deal of his fame and fortune to Tesla. However, after the merger on 2 February, SpaceX's reported private market