Page 16 - Tech Companies
Former US head of Sony PlayStation launches $225 million gaming SPAC
Jack Tretton, who started his career at Sony in 1995, is now the CEO of PowerUp Acquisition Corp.
 "Former US head of Sony PlayStation launches $225 million gaming SPAC")
Green energy goals achievable with right steps taken now: Sunil Mittal
Mittal said the telecom sector as a whole was working to become carbon neutral by 2030, and at India's scale, even reaching 80% of that would be a huge achievement
 "Green energy goals achievable with right steps taken now: Sunil Mittal")
Revenues of Indian public tech firms grew 4.5% QoQ, 17.8% annually: Nasscom
Digital and cloud the key drivers, with the share
 "Revenues of Indian public tech firms grew 4.5% QoQ, 17.8% annually: Nasscom")
For Big Tech companies, having endless money can hold them and us back
Many smaller tech companies also fear that tech giants are hoarding talent because they can
 "For Big Tech companies, having endless money can hold them and us back")
India requires more tech centres, need to be constructed speedily: Rane
Micro, Small and Medium Enterprises Minister Narayan Rane on Friday said that for a population of 135 crore, the nation needs more technology centres which need to be speedily constructed.
 "India requires more tech centres, need to be constructed speedily: Rane")
China orders ride-hailing firms Meituan, Didi to fix misconduct by year-end
The regulators criticized them for disrupting fair competition and hurting the interests of drivers and passengers, according to a statement published Thursday
 "China orders ride-hailing firms Meituan, Didi to fix misconduct by year-end")
The tech landscape is changing
The action against big tech in the US could affect start-ups in other countries like India both positively and negatively
 "The tech landscape is changing")
Microsoft to raise prices as much as 20% for some flagship products
The increases will take effect within six months, Microsoft said in a blog post announcing the change
 "Microsoft to raise prices as much as 20% for some flagship products")
China passes new personal data privacy law, to take effect Nov. 1
The law's passage completes another pillar in the country's efforts to regulate cyberspace and is expected to add more compliance requirements for companies in the country.
 "China passes new personal data privacy law, to take effect Nov. 1")
JetSynthesys acquires top e-sports firm Skyesports for undisclosed sum
The acquisition will strengthen Skyesports' pan-India proliferation and also sets the stage for its expansion from India to South Asia
 "JetSynthesys acquires top e-sports firm Skyesports for undisclosed sum")
China's new regulation blueprint signals its crackdown will go on for years
The document said authorities would "actively" work on legislation in areas including national security, technology and monopolies
Microsoft sees steady cloud growth after record April-June quarter profit
Microsoft Corp posted its most profitable quarter on Tuesday, beating Wall Street expectations for revenue and earnings
 "Microsoft sees steady cloud growth after record April-June quarter profit")
Zoom to buy cloud-based call centre operator Five9 in $15-billion deal
Teleconferencing services provider has become a household name and investor favorite since the coronavirus pandemic.
 "Zoom to buy cloud-based call centre operator Five9 in $15-billion deal")
Overseas listings: China tightens grip with review of firms with large data
The security review will put a focus on risks of data being affected, controlled or manipulated by foreign governments after overseas listings, said the Cyberspace Administration of China
 "Overseas listings: China tightens grip with review of firms with large data")
NetConnect Global to expand operations in India by hiring 5,000 techies
NetConnect Global (NCG) on Monday said the company is planning to hire 5,000 technology professionals pan-India by the end of this calendar year to facilitate its expansion operations in India.
 "NetConnect Global to expand operations in India by hiring 5,000 techies")
The stock market as mirror: The changes that they reveal, and don't reveal
While Nifty 50 reflects changes in 40 years, it also shows what is missing: Low-cost manufacturers at one end, and deep-value players at the other. Also missing are technology players, notes T N Ninan
Must discuss accountability of big tech companies, says S Jaishankar
External Affairs Minister S Jaishankar on Wednesday said that issues like responsibility and accountability of the big tech companies which enjoy huge power and influence must be debated
 "Must discuss accountability of big tech companies, says S Jaishankar")
Microsoft challenges Apple's biz model with new Windows 11 operating system
The company also said it will integrate its Teams chat software directly into the operating system, a move that could cause conflict with Slack Technologies Inc, Microsoft's top rival in the workplace
 "Microsoft challenges Apple's biz model with new Windows 11 operating system")
Big Tech loses first round in Congress anti-trust battle: Report
Tech companies to take the fight over the proposed new regulations and oversight to the House floor and Senate
 "Big Tech loses first round in Congress anti-trust battle: Report")
BrowserStack closes $200-million Series B funding at a $4-billion valuation
BrowserStack on Thursday announced that it had secured $200 million in Series B funding at a $4-billion valuation
 "BrowserStack closes $200-million Series B funding at a $4-billion valuation")