Moving the head of Tata Consultancy Services to the top job at Tata Sons’ holding company fills a critical hole for the salt-to-software conglomerate, but it leaves another at its most valuable company ahead of a complex and unpredictable 2017. The promotion of Tata veteran Natarajan Chandrasekaran – the well-regarded, high-performing boss of TCS under […]
Chinese e-commerce giant Alibaba Group is back on the US government’s annual list of “notorious markets” that sell pirated goods. The Office of the US Trade Representative said yesterday that Alibaba’s on-line marketplace Taobao sells “high levels” of counterfeit goods and is slow to respond when companies complain about the knockoffs. USTR took Alibaba off […]
Microsoft co-founder Bill Gates and a group of high-profile executives are investing USD 1 billion in a fund to spur clean energy technology and address global climate change a year after the Paris climate agreement. Gates launched the Breakthrough Energy Ventures fund on Monday along with billionaire entrepreneurs such as Facebook Inc head Mark Zuckerberg, […]
Prime Minister Narendra Modi has won the online reader’s poll for TIME Person of the Year 2016, beating out other world leaders like US President-elect Donald Trump, incumbent US leader Barack Obama and Russian President Vladimir Putin. Modi won with 18 percent of the vote when the poll closed last night, getting significantly more votes […]
Facebook Inc, facing withering criticism for failing to stem a flood of phony news articles in the run-up to the U.S. presidential election, is taking a series of steps to weed out hoaxes and other types of false information, chief executive Mark Zuckerberg said in a Facebook post Friday evening. Facebook has long insisted that […]
What’s behind the accusations that Facebook is manipulating its “trending topics” feature to promote or suppress certain political perspectives? According to the technology blog Gizmodo, a former Facebook contractor with self-described conservative leanings said Facebook downplayed news that conservatives are interested in and artificially promoted liberal issues such as the “BlackLivesMatter” hashtag. Gizmodo did not […]
So you decided you want to be an entrepreneur. There are high failure rates, the nonstop work, and if you’re one of the lucky few whose business takes off, you get to shoulder the responsibility of other people’s livelihood depending on you. Of course, there is the flexibility to work when you choose, the perk […]
Amazon just took Alphabet’s 2nd place in the standings of most valuable company in the world while Apple remains topper of the list boasting a valuation of $889 billion. The e-commerce giant rose by 2.7 percent on Tuesday and thus lifted its stock market value to $768 billion and $1,586.51 per share. Parent company […]
Titan Company Ltd, an Indian luxury goods company; a joint venture between Tata Group and Tamil Nadu Industrial Development Corporation, has recently invested in a wearable IoT startup CoveIoT as per the reports by a financial daily. The amount that has been invested is expected to be between $3-5 million, marking the first such investment by […]
With the US economy doing well, Indian IT companies can look forward to a better year in 2018 on the back of growing tech spend and demand from clients, according to senior industry figures. Noting that the largest market for Indian IT companies is the US, former CFO of Infosys V Balakrishnan said their ability […]
Picture yourself standing in the middle of a crowded stadium. You’re in the heat of competition in front of 100,000 screaming fans, and at least half of them aren’t cheering for you. Some of that 50 percent even hate you. They don’t just hate you, they are letting you know why and precisely how much they despise […]