Page 13 - Tech Companies

Big Tech's big worries: Why are govts everywhere out to de-fang FAANG?

So far, there seems to be limited debate about their activities in India, where virtually all FAANG companies have teamed up in different ways with India's most powerful businessman, writes T N Ninan

UK creates new digital regulator to impose code of conduct on tech giants

Global tech giants will be subject to a new regime under the UK's Digital Markets Unit to give people more choice and control over their data

Google India posts 35% jump in full-year revenue, profit climbs 24%

Total expenses rose 30.4 per cent in the same period

Siemens Sept quarter profit slips 5% to Rs 333 cr on higher expenses

The company's board recommended a dividend payment of Rs 7 per equity share of Rs 2 each.

Time for tech solutions designed in India, but deployed for world: PM Modi

PM Narendra Modi said it is time for tech solutions that are designed in India but deployed for the world, and the country is uniquely positioned to leap ahead in the information era

Tech firms' services could face ban if they breach EU rules: Industry chief

The new draft rules come as critics of U.S. tech giants, which include companies and industry bodies, question the EU's rulings against Alphabet unit Google

Singapore makes move to attract top global tech talent, announces new visa

The two-year visa isn't designed for mid-tier tech workers who might compete with locals for jobs

Big tech companies show resilience to Covid-19 pandemic, politics

Combined sale leapt 18% YoY, 4% higher than expected

India set to become global AI hub through tech-based skilling: PM Modi

E-courses will be developed in regional languages and dialects, NLP-based technology will be used to reskill youth

Palantir Technologies slips 5% on first day after long-awaited listing

Palantir ended the day with a market capitalization of about $15.7 billion based on its listed shares

3one4 Capital launches $100 million fund to back early-stage start-ups

Fund will be invested in about 30 start-ups in areas such as health, machine-driven intelligent services, edtech, agritech, and logistics with an average ticket size between $500,000 and $4 million

Apple hits $2 trn market valuation, but the next trillion won't come easy

With its shares up roughly 60 per cent this year, Apple is among the Big Tech winners that have benefited from a safety premium

SoftBank bets $3.9 Billion on tech companies including Amazon, Tesla

The Japanese conglomerate owned $1.04 billion of Amazon stock, its biggest investment, a $475 million stake in Alphabet, $248.6 million of Adobe and $189 million of Netflix

Tech companies could be brokers of tomorrow, says Zerodha's Nikhil Kamath

Retail investors enter the market ahead of a correction but this time could be different, says Nikhil Kamath.

Facebook to Amazon: What years of emails and texts reveal about tech firms

Big Tech companies insist that their rise to power has been the first story, a saga of ingenuity and courage, and that their market dominance is a byproduct of excellence

Tech major HP appoints Ketan Patel as Greater India Managing Director

Tech major HP on Friday said it has appointed Ketan Patel as the managing director of its Greater India operations.

Huawei to ByteDance: Big tech firms in a spot as China riles US, India

ByteDance could be forced to sell TikTok as Washington considers following India in banning the short video app, which analysts say is worth at least $20 billion.

US House panel hearing with big tech CEOs rescheduled for Wednesday

The panel has conducted a bipartisan investigation over the past year of the tech giants' market dominance and their effect on consumers

Facebook, Google, Twitter suspend processing Hong Kong govt data requests

Facebook, which also owns WhatsApp and Instagram, said in a statement it was "pausing" reviews for all of its services "pending further assessment of the National Security Law."

Let's come together to tax tech cos, say G20 officials eying $100 bn boost

The taxing of digital firms and the effect of the coronavirus outbreak on the global economy are among the hot topic for G20 financial leaders