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Microsoft to invest $1.5 bn in UAE-based AI company G42

TMT

16 April, 2024

Microsoft to invest $1.5 bn in UAE-based AI company G42

Microsoft will invest $1.5 billion in United Arab Emirates-based artificial intelligence firm G42, giving the U.S. tech giant a minority ......

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Exclusive: Microsoft, Oracle eye a stake in Indian payments platform

TMT

27 March, 2024

Exclusive: Microsoft, Oracle eye a stake in Indian payments platform

Technology giants Microsoft and Oracle are in talks to invest in an Indian payments platform, in a rare instance of ......

Microsoft-owned LinkedIn lays off employees from its recruiting team

Others

14 February, 2023

Microsoft-owned LinkedIn lays off employees from its recruiting team

Microsoft-owned professional networking and recruiting platform LinkedIn has become the latest technology company to be hit with layoffs. According to ......

Now PhonePe allows users for cross-border transactions via UPI

Finance

07 February, 2023

Now PhonePe allows users for cross-border transactions via UPI

Digital payments platform PhonePe on Tuesday said it has launched support for cross-border payments through unified payments interface (UPI), allowing ......

After Alphabet and Microsoft, Spotify to slash jobs as well

General

23 January, 2023

After Alphabet and Microsoft, Spotify to slash jobs as well

Swedish music streaming firm Spotify is reportedly planning to slash jobs across various teams, according to a report by Bloomberg. ......

Google's Alphabet to cut 12,000 jobs globally: Report

People

20 January, 2023

Google's Alphabet to cut 12,000 jobs globally: Report

Google’s-parent company Alphabet is reportedly eliminating 12,000 jobs, the chief executive Sundar Pichai said in a staff memo.   Notably, its ......

Microsoft picks up strategic stake in Darwinbox

TMT

17 January, 2023

Microsoft picks up strategic stake in Darwinbox

Technology giant Microsoft has picked up a strategic stake in Darwinbox by investing an undisclosed sum in the Hyderabad-based HRtech ......

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ChrysCapital keen to grow newly-acquired Xoriant at over 20%

TMT

09 January, 2023

ChrysCapital keen to grow newly-acquired Xoriant at over 20%

Homegrown private equity firm ChrysCapital, which had bought a majority stake in IT services firm Xoriant last week, is aiming ......

Software consulting Celebal Tech raises $32 mn

TMT

23 November, 2022

Software consulting Celebal Tech raises $32 mn

Software consulting startup Celebal Technologies on Wednesday raised $32 million (about Rs 261 crore) from Norwest Venture Partners in its ......

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Walmart will boost Flipkart with $3 bn to challenge rivals

TMT

26 October, 2022

Walmart will boost Flipkart with $3 bn to challenge rivals

Flipkart, the e-commerce platform operated by Walmart Inc., is considering raising $2-3 billion at a valuation of more than $40 ......