TCS wins Plaza Premium deal to digitise global airport hospitality Raju Akumarthi December 16, 2021The long-term partnership focuses on reimagining the end-to-end airport travel experience across three core areas: customer experience, empl... Continue Reading
Infosys extends digital innovation partnership with Australian Open Raju Akumarthi December 16, 2021The extended collaboration with Tennis Australia will introduce enhanced broadcast match statistics and new initiatives to make tennis more ... Continue Reading
ShareChat parent raises $266 million at $3.7 billion valuation Raju Akumarthi December 16, 2021The investment was led by Alkeon Capital with participation from new and existing investors including Temasek, Moore Strategic Ventures (MSV... Continue Reading
Google threatening to fire unvaccinated employees: Report Raju Akumarthi December 16, 2021Tech giant Google has reportedly told its employees that they will lose pay -- and will eventually be fired -- if they do not comply with th... Continue Reading
Intel to invest $7 billion in new plant in Malaysia, creating 9,000 jobs Raju Akumarthi December 16, 2021Intel will invest more than $7 billion to build a new chip-packaging and testing factory in Malaysia, CEO Pat Gelsinger says, expanding prod... Continue Reading
Zoom joins tech industry's counterterrorism group in the US Raju Akumarthi December 16, 2021The Global Internet Forum to Counter Terrorism, or GIFCT, is an independent group through which member companies share information to combat... Continue Reading
Apple delays return to office indefinitely: Report Raju Akumarthi December 16, 2021Apple Inc. is delaying its return to office plans indefinitely, Bloomberg reported, while the company said it has temporarily closed three s... Continue Reading
AWS recovers from brief outage affecting third-party services Raju Akumarthi December 16, 2021Amazon Web Services' dashboard that logs outages showed that it had resolved the issue affecting internet connectivity to Oregon and nor... Continue Reading
Reddit files for US IPO Raju Akumarthi December 16, 2021Social media platform Reddit has confidentially filed for a proposed IPO to the US Securities and Exchange Commission. from Tech-Economic ... Continue Reading
Crypto consolidation is coming; IT minister on $10B chip scheme Raju Akumarthi December 16, 2021India's cryptocurrency bill may not be introduced in the current session of Parliament, we reported yesterday, but it seems the crypto i... Continue Reading
Lenskart on verge of closing $250 million funding round at $5 billion valuation Raju Akumarthi December 14, 2021The valuation is close to the market capitalisation of recently listed Warby Parker, an American online retailer of prescription glasses and... Continue Reading
DeFi players reach out to govt over crypto law Raju Akumarthi December 14, 2021Want govt to distinguish them from cryptocurrency exchanges from Tech-Economic Times https://ift.tt/3pRO9pI Continue Reading
Cryptocurrency Bill may not be introduced in Winter Session Raju Akumarthi December 14, 2021The issues being debated include the need for wider consultation and seeking comments from the public as well as whether the Central Bank Di... Continue Reading
D2C startup Bewakoof adds marketplace Bazaar to its platform Raju Akumarthi December 14, 2021The company, which is backed by investors such as InvestCorp, IvyCap and Spring Marketing Capital, has so far raised $23 million. from Tec... Continue Reading
Nestasia bags $4 million funding led by Stellaris Venture Partners Raju Akumarthi December 14, 2021Several angel investors who are part of the Stellaris Founder Network, an exclusive group of more than 60 entrepreneurs and industry profess... Continue Reading
Did not hide any facts related to future deal, Amazon tells CCI Raju Akumarthi December 14, 2021The Indian arm of the US ecommerce major had a hearing with the antitrust regulator on Monday where its senior officials answered queries fr... Continue Reading
Intel to invest $7 billion in chip packaging facility in Malaysia Raju Akumarthi December 13, 2021Intel intends to invest 30 billion ringgit on shoring up its advanced chip packaging capabilities in the island state of Penang, at a time w... Continue Reading
Tata in talks to bring Microsoft aboard digital venture Raju Akumarthi December 13, 2021Wants 1-2 strategic investors before tapping PEs, SWFs for $2.5 b funding from Tech-Economic Times https://ift.tt/3oRW6vW Continue Reading
Grofers founder says quick-commerce model has path to profitability Raju Akumarthi December 13, 2021Grofers to deliver non-grocery in 10 mins too, aims $1 billion annual GMV run-rate by March 2022 from Tech-Economic Times https://ift.tt/3... Continue Reading
Tata courts Microsoft for digital dream; Grofers pivots to quick commerce Raju Akumarthi December 13, 2021Tata is in talks to bring in Microsoft as an anchor investor for its new digital platform. from Tech-Economic Times https://ift.tt/30rehz8... Continue Reading