Page 2 - Us Tech Companies
Jhunjhunwala family-backed IKS Health acquires US tech firm for $200 mn
The combined company is forecast to have an annual revenue of over US$ 330 million (Rs 2,748 crore), as well as a global workforce of over 14,000 employees
 "Jhunjhunwala family-backed IKS Health acquires US tech firm for $200 mn")
Party over? If overweight, pare exposure to US technology companies
Allocation to it should not exceed 25% of your total exposure to country's market
 "Party over? If overweight, pare exposure to US technology companies")
Top headlines: India seeks import duty relaxation, US flags policy barriers
Business Standard brings you the top headlines at this hour
 "Top headlines: India seeks import duty relaxation, US flags policy barriers")
US tech companies flag 20 policy barriers in digital trade with India
Say aatmanirbhar push shouldn't lead to discriminatory norms
 "US tech companies flag 20 policy barriers in digital trade with India")
Amid global tech churning, Salesforce announces expansion plans in India
As tech companies go through churning at a global level, enterprise software major Salesforce on Thursday announced to spread its India footprint by expanding the Centre of Excellence (CoE)
 "Amid global tech churning, Salesforce announces expansion plans in India")
Tech execs race to save startups from 'extinction' after SVB collapse
Altman, who runs one of Silicon Valley's hottest companies, bailed out some entrepreneurs from his own pocket, according to a Twitter message by his brother and one beneficiary
 "Tech execs race to save startups from 'extinction' after SVB collapse")
Meta surprises analysts with good results, $40 billion stock buyback
The company reported a revenue of $32.17 billion for the fourth quarter (down four per cent Y-o-Y) and $116.61 billion for the full year
 "Meta surprises analysts with good results, $40 billion stock buyback")
US sues Google to break up ad-technology unit in heated antitrust fight
Google said in blog post that the lawsuit "attempts to pick winners and losers in the highly competitive advertising technology sector
 "US sues Google to break up ad-technology unit in heated antitrust fight")
Needed to streamline our costs: Amazon CEO Andy Jassy again defends layoffs
Amazon CEO Andy Jassy has again defended massive layoffs at the company, saying, "we just felt like we needed to streamline our costs"
 "Needed to streamline our costs: Amazon CEO Andy Jassy again defends layoffs")
Elon Musk blames 'activists' for his Twitter moderation council lie
After reinstating accounts back onto Twitter even after promising that decisions would be taken by a content moderation council, CEO Elon Musk blamed "activists" for his moderation council lie
 "Elon Musk blames 'activists' for his Twitter moderation council lie")
Twitter pauses 'official' labels on accounts, impersonation still underway
A tweet from the 'Twitter Support' account read, "We're not currently putting an "Official" label on accounts but we are aggressively going after impersonation and deception."
 "Twitter pauses 'official' labels on accounts, impersonation still underway")
Google, Microsoft, TI announce disappointing results; tech stocks tumble
Google parent Alphabet Inc. fell as much as 7.4% after third-quarter revenue came in below expectations, while software giant Microsoft Corp. lost 8.1% following a disappointing revenue forecast
 "Google, Microsoft, TI announce disappointing results; tech stocks tumble")
We will be hosting five creator days this year in India: Meta's Ajit Mohan
For Meta ramping up short-video is important because of the competition from players like Google's YouTube Shorts, and home grown video platforms like Moj, ShareChat and Josh.
 "We will be hosting five creator days this year in India: Meta's Ajit Mohan")
Made in India iPhones to be 5-7% of Apple's global supply this year
As Apple gears up for the launch of iPhone 14 on September 7, its plants in India are also gearing up to manufacture more of these phones to contribute more to Apple's global supply
 "Made in India iPhones to be 5-7% of Apple's global supply this year")
Apple Inc targets Sept 7 for iPhone 14 launch in flurry of devices
The new iPhones will kick off a busy fall product season, which will also include multiple new Macs, low-end and high-end iPads, and three Apple Watch models
Microsoft planning to release Windows 11's next big update in Sept: Report
The company is also adding a new Live Captions accessibility feature with 22H2, which is ideal for people who are deaf, hard of hearing, or anyone who wants to caption audio automatically
 "Microsoft planning to release Windows 11's next big update in Sept: Report")
Apple lays off recruiters in a push to rein in hiring and spending
About 100 contract workers were let go in a rare move for Apple, the world's most valuable company
 "Apple lays off recruiters in a push to rein in hiring and spending")
Google again sues Sonos for copying smart speaker, voice control tech
The tech giant filed two lawsuits in US District Court for the Northern District of California, and plans to file similar lawsuits with the US International Trade Commission soon, reports The Verge
 "Google again sues Sonos for copying smart speaker, voice control tech")
Google starts Street View in India with local partners after policy change
Tech Mahindra and mapping firm Genesys will work with US technology giant to 360-degree view of streets, landmarks
 "Google starts Street View in India with local partners after policy change")
Megacap tech earnings in Q2 have investors looking past the Fed decision
And two titans of the tech industry are giving investors cause for optimism
 "Megacap tech earnings in Q2 have investors looking past the Fed decision")
