Tech industry job cuts come rapidly and in big numbers
NEW YORK : In just the past month there have been nearly 50,000 job cuts across the technology sector. Large and small tech companies went on a hiring spree in…
How TSMC Posted a 78 Percent Q4 Profit Rise Amid an Industry Downturn
Taiwanese chipmaker TSMC posted a 78 percent rise in fourth-quarter net profit on Thursday, posting yet another quarterly record, as strong sales of advanced chips helped it defy a broader…
Tech industry reversal intensifies with new rounds of layoffs
BY DANA MATTIOLI | UPDATED JAN 08, 2023 05:30 AM EST Companies that grew rapidly during pandemic are now reducing spending and staffing, sometimes repeatedly Tech’s reassessment is intensifying, as…
IAMAI Hails ‘Industry Friendly’ Digital Personal Data Protection Bill
The Internet and Mobile Association of India (IAMAI) has lauded the draft Digital Personal Data Protection Bill, 2022, terming it industry-friendly."It has struck the right balance between protecting the interests…
Elon Musk to Meet EU Industry Chief Today, Discuss Supply Chain Issues
EU industry chief Thierry Breton will meet Tesla boss Elon Musk in Texas on Monday to discuss global supply chain issues and the bloc's newly agreed rules requiring tech giants…
Brazil Gets Crypto Laws, Industry Players Get 180 Days to Comply: Details
Brazil has emerged among the first nations now, that has officially outlined the rules and laws to govern the virtual digital assets sector. Jair Bolsonaro, the President of Brazil has…
NFT Projects Will Take Web3 by Storm in 2023: Indian Industry Experts
The market for non-fungible tokens (NFTs), which went through a rocky momentum this year, is projected to explode in popularity in the upcoming year. More brands across industries will adopt…
Industry body, startups meet IT minister to discuss data protection bill
New Delhi: All proposals in the Digital Data Protection Bill 2022 will be put up for public consultation and rules for cross-border data flows will be finalized in a manner…
IT industry in an earthquake zone, says ManageEngine’s Shailesh Davey
Shailesh Davey, the vice-president of engineering at ManageEngine which is the IT management division of Zoho Corp says he wouldn’t deny the probability of a tech bubble burst from industry…