Tech SAP Achieves Record Stock Highs Following Strong 2023 Results, Unveils Job… Viditha Ganji Jan 26, 2024 SAP shares surge to all-time highs after posting a 5% YoY revenue increase in Q4 2023 and announcing plans to…
Tech ASML Posts Strong 2023 Results, Forecasts Revenue Similar to 2023 Amid… Viditha Ganji Jan 26, 2024 Leading semiconductor equipment company ASML surpasses expectations for full-year 2023 but signals revenue…
Tech eBay Announces Layoffs, Targeting 9% of Workforce (Approximately 1,000 Jobs) Viditha Ganji Jan 26, 2024 E-commerce giant eBay reveals plans to cut 1,000 full-time jobs, representing 9% of its workforce, and scale back…
Tech SAP Announces Restructuring Plan with Job Changes or Buyouts for 8,000 Employees Viditha Ganji Jan 26, 2024 The German software company SAP reveals plans for voluntary buyouts or job changes affecting over 7% of its…
Tech TikTok Trims Workforce with Approximately 60 Layoffs Amid January Job Cuts in Tech… Viditha Ganji Jan 26, 2024 ByteDance's TikTok joins the trend of tech companies streamlining operations at the start of 2024, cutting around…
Tech Bitcoin Miner Core Scientific Resumes Trading on Nasdaq After Successful… Viditha Ganji Jan 26, 2024 Core Scientific, a U.S.-based bitcoin mining company, returns to Nasdaq after a successful restructuring, shedding…
Tech Alphabet Terminates Contractual Ties with Appen, Impacting AI Training for… Viditha Ganji Jan 25, 2024 Alphabet's decision to cut ties with Appen, the AI data firm that contributed to training Google's chatbot Bard and…
Tech Alibaba Co-Founders Jack Ma and Joe Tsai Purchase Over $200 Million in Shares,… Viditha Ganji Jan 25, 2024 Jack Ma and Joe Tsai, co-founders of Alibaba, acquire shares worth hundreds of millions, contributing to an…
Tech Bitcoin Slips Below $39,000, Hits Lowest Level in 7 Weeks; Analysts Attribute… Viditha Ganji Jan 25, 2024 Bitcoin experiences extended declines, dropping below $40,000 to its lowest level since December. Analysts…
Tech SoftBank Leads TravelPerk’s $104 Million Funding Round, Focusing on AI for… Viditha Ganji Jan 25, 2024 TravelPerk, a Barcelona-based startup specializing in corporate travel and expenses automation, raises $104 million…
Tech Fujitsu’s Role in Britain’s Post Office Scandal Could Have Severe… Viditha Ganji Jan 25, 2024 Analysts express concern over potential reputational damage to Fujitsu due to its involvement in the U.K. Post…
Tech Founders of Wise and Skype Raise $436 Million to Build Tech Giants in Europe Viditha Ganji Jan 25, 2024 Plural Fund II, backed by the founders of Wise, Skype, and Songkick, secures 400 million euros ($436.4 million) to…