Billionaire Infosys Chair Gives Alma Mater $38.5 Million for AI
Billionaire Infosys Ltd. co-founder Nandan Nilekani will donate $38.5 million to his alma mater Indian Institute of Technology
2023-06-20 14:24
Adobe Gains After Raising Forecasts on AI Features Roll-Out
Adobe Inc. shares gained after the company raised its full-year revenue and profit outlooks on optimism that generative
2023-06-16 22:16
Intel Set to Gain $11 Billion Subsidy for German Chip Plant
Intel Corp. is set to receive almost $11 billion in subsidies from the German government for a chip
2023-06-16 19:21
Bain Capital Offers to Buy SoftwareOne for $3.2 Billion
Bain Capital made an non-binding all-cash offer for SoftwareOne Holding AG for 2.93 billion Swiss francs ($3.2 billion)
2023-06-15 14:16
Twitter Sued by Music Firms Over Violating Copyrights, At Up to $150,000 a Work
The National Music Publishers’ Association sued Twitter Inc. Wednesday, alleging it violates the copyright of songwriters by using
2023-06-15 07:28
Amazon Says It’s Resolving Outage That Knocked Websites Offline
Amazon.com Inc.’s cloud-computing arm is working to resolve an outage that disrupted a swath of websites and services,
2023-06-14 05:17
Databricks Says Annual Revenue Jumped 60% to Top $1 Billion
Databricks Inc. said it generated $1 billion in annual revenue and has diversified its business with new products
2023-06-14 03:25
Salesforce’s Marc Benioff Sees Jump in Investor Support After 61% Rally
Salesforce Inc. shareholder support for Chief Executive Officer Marc Benioff grew in the past year following a tussle
2023-06-13 07:51
Oracle Pushes to Record High as AI-Frenzy Spurs Cloud Demand
Oracle Corp. gave investors a boost by saying the company’s cloud-computing business will continue to grow rapidly in
2023-06-13 06:54
Google’s Ad Tech Money-Machine Sparks EU Antitrust Charges
Google is set to be hit with a formal antitrust complaint from the European Union that could pave
2023-06-13 02:56
Google Union Pushes Back on Three-Day Return-to-Office Mandate
Google employees are pushing back against the tech giant’s mandate that staffers spend at least three days a
2023-06-09 02:45
Reddit to Cut 5% of Staff, Trim Hiring Amid Restructuring
Reddit Inc. is cutting its workforce by about 5% and reducing its hiring plans, as the startup refocuses
2023-06-07 04:24