Tag Archives: Tech Industry

In contrast to Ola's Bhavish Aggarwal, Nothing CEO Carl Pei receives praise for addressing customer feedback.

Tech giant Microsoft Corporation (India) Pvt Ltd has made a significant investment in Hyderabad, acquiring a 48-acre land parcel worth ₹267 crore. The transaction, revealed through documents accessed by Propstack, indicates Microsoft's continued expansion and investment in India's tech infrastructure.

In a move that has sent ripples through the tech industry, International Business Machines Corp (IBM) has reportedly initiated layoffs within its marketing and communications division. The decision, disclosed in a brief seven-minute meeting by Jonathan Adashek, IBM's Chief Communications Officer, has left many employees grappling with uncertainty.

: Google has reportedly laid off 40 to 45 workers in its news division, leading to concerns about the impact on the information ecosystem. The Alphabet Workers Union emphasizes its commitment to supporting affected employees.

Amazon is making a substantial foray into the AI sector with a multi-billion-dollar investment in Anthropic, a prominent player in AI development. This move intensifies the competition with industry giants like Microsoft, Google, and OpenAI, as Amazon seeks to enhance its AI capabilities and bolster its Alexa voice assistant.