IBM has mandated that all its managers in the United States must work from the office or client locations at least three days a week. The company recently released an internal memo outlining this new policy, which has gained attention for its potential consequences, including termination for those who do not comply. The memo, acquired…
Binny Bansal, co-founder of Flipkart, has reportedly resigned from the company’s board following the recent launch of his new e-commerce startup, OppDoor. Earlier this week, the announcement stated that Binny informed the Flipkart board about his decision. OppDoor, a business-to-business (B2B) platform, aims to provide comprehensive solutions for global expansion to emerging e-commerce brands. The…
Adani Enterprises has received a bullish outlook from US-based financial services firm Cantor Fitzgerald, which has issued the first recommendation for the Adani group firm with an impressive 51% upside target. Cantor Fitzgerald views Adani Enterprises as central to India’s economic aspirations and has assigned a target price of Rs 4,368 on the stock. Describing…
Elon Musk’s company, X, plans to hire 100 employees for a newly established Trust and Safety office in Austin, Texas, primarily focusing on content moderation, particularly addressing concerns related to Child Sexual Exploitation Moderation (CSEM). This decision follows recent criticism regarding handling explicit content on the platform. In response to increasing worries about content moderation,…
Gautam Sinha, former CEO of Times Internet, has embarked on a new entrepreneurial venture with the launch of SimpleO.ai. SimpleO.ai, short for Simple Office, aims to simplify enterprise processes using AI, starting with managing contracts and associated elements like risks, obligations, SLAs, audits, compliance, and governance. With over 35 years of global executive experience, including…
Google has unveiled a new mint green colour option for the Pixel 8 and Pixel 8 Pro, providing a refreshing alternative to the traditional colour choices. This mint colour is exclusively available with the base 128GB storage for both models, deviating from the standard black, hazel, and rose gold options. Described as inspired by the…
Tech Mahindra’s shares saw a sharp decline of 6.09% after the company reported a significant drop in its net profit for the third quarter (Q3 FY24). The stock reached a day low of Rs 1,322, down from the previous close of Rs 1,407.75. Despite reaching its one-year high of Rs 1,416 a few days earlier,…
Gaming platform Stan has successfully raised $2.7 million in Pre-Series A funding, with participation from investors including Aptos Labs, Pix Capital, Maelstrom Fund, GFR Fund, and existing investors like General Catalyst. This funding round follows their earlier seed funding of $2.5 million in May 2022, led by General Catalyst and featuring participation from Better Capital…
Microsoft achieved a significant milestone as its stock market value crossed the $3 trillion mark for the first time on Wednesday. This accomplishment solidified Microsoft’s position as the world’s second most valuable company, trailing closely behind Apple. The ongoing rivalry between Microsoft and Apple for the title of the most capitalized stock on Wall Street…
A doctor utilized the health-monitoring capabilities of an Apple Watch to assist a woman facing breathing difficulties during a flight. The device’s blood oxygen sensor, a feature no longer available on recent models, played a crucial role in the emergency response. During a flight from the UK to Italy on January 9, a 70-year-old British…
