PP 03-05-202-min - Arhive

April 30, 2022

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Technology

Apple’s bumper India harvest; GCCs step up hiring from IT, startups April 17, 2024
The iPhone has driven India’s mobile exports to over $15 billion in FY24. This and more in today’s ETtech Top 5.
Women participation in tech roles in non-tech sectors to grow by 24.3% by 2027: report April 17, 2024
The tech women's participation rate in non-tech industries stood at 19.4 lakh workforce in 2023, which is expected to grow by 24.3% to 24.1 lakh employees by 2027, TeamLease Digital's report - Women at the Heart of India's Digital Evolution, has revealed.
TikTok quizzed by EU on TikTok Lite launch in France, Spain April 17, 2024
The move by EU industry chief Thierry Breton under EU tech rules known as the Digital Services Act (DSA) comes two months after he opened an investigation into TikTok over possible DSA breaches.
Zepto improves quick-commerce market share; Instamart loses ground: HSBC report April 17, 2024
A report from HSBC Global Research said Zepto market share rose from 15% in March 2022 to 28% in January 2024. During this time, Instamart's share fell from 52% in March 2022 to 32% in January 2024.
ASML Q1 bookings miss forecast, but China sales hold up April 17, 2024
ASML faces lower Q1 bookings but stable China sales despite U.S. restrictions. Anticipates 2025 growth due to demand from TSMC, Nvidia, Apple, and new chip plants. Shares dropped to 873.40 euros.
Canada to push ahead with digital services tax on global tech firms starting 2024 April 17, 2024
Canada plans to introduce a digital services tax on large tech companies like Google, aiming to raise C$5.9 billion. The tax will apply from 2024, with the first year covering revenues since Jan 1, 2022.
'Grand Theft Auto' maker Take-Two to lay off 5% of staff, scrap some projects April 17, 2024
Take-Two Interactive Software plans to cut 5% of its workforce, around 600 employees, and cancel projects to achieve $165 million in annual savings. The company's shares rose by 1%, aligning with industry trends.
Rivos raises $250 million to develop RISC-V AI chips April 17, 2024
Rivos raises $250 million for AI server chip to challenge Nvidia's market dominance. Plans for RISC-V architecture chips. Strategic investments from Lip-Bu Tan, Matrix Capital Management, Intel, MediaTek, and Dell Technologies.
Telegram platform to hit 1 billion users within year, founder Pavel Durov says April 17, 2024
Telegram app, led by founder Durov, aims for 1 billion users. Vital in Ukraine-Russia conflict for unbiased information sharing. Facing criticism for misinformation, app may face stricter regulations post-invasion.
Apple CEO Tim Cook says looking into possibility of building manufacturing facility in Indonesia April 17, 2024
Apple Inc exploring Indonesian manufacturing, focusing on iPads, AirPods, Apple Watches. Tim Cook to inaugurate Bali academy. Vietnam key for production. Indonesia offers tech academies, key market for investment.

CNN Economy

Goldman Sachs slants research to help Democrats, top White House adviser says October 2, 2018
Kevin Hassett, President Donald Trump's top economic adviser, suggested Goldman Sachs may be slanting its economic research to help Democrats ahead of the midterm elections.
Land O'Lakes CEO Beth Ford, from the cornfield to the C-suite October 1, 2018
Land O'Lakes CEO Beth Ford charts her career path, from her first job to becoming the first openly gay CEO at a Fortune 500 company in an interview with CNN's Boss Files.
The next big test for Elon Musk arrives this week September 30, 2018
Read full story for latest details.
The next big test for Elon Musk arrives this week September 30, 2018
Read full story for latest details.
CEOs are cashing in on the market boom September 26, 2018
Corporate insiders at US companies have dumped $5.7 billion of stock this month, the highest in any September in the past decade, according to TrimTabs.
General Electric is in a sharp decline September 26, 2018
Read full story for latest details.
Why investors aren't freaking out about inflation September 25, 2018
Read full story for latest details.

CNN MARKETS

Premarket: 7 things to know before the bell October 4, 2018
Read full story for latest details.
Why it's time for investors to go on defense October 4, 2018
Howard Marks, co-chairman of Oaktree Capital, explains why investors should start treading lightly.
Barnes & Noble stock soars 20% as it explores a sale October 3, 2018
Barnes & Noble jumped more than 20% after it said it would review a sale of the troubled company.
Aston Martin falls 5% in London IPO October 3, 2018
Aston Martin is joining the ranks of listed automakers with an IPO that values the British company at more than $5 billion.
Honda teams up with GM on self-driving cars October 3, 2018
Read full story for latest details.
Toys 'R' Us brand may be brought back to life October 3, 2018
Bankrupt toy retailer tells bankruptcy court it is looking at possibly reviving the Toys 'R' Us and Babies 'R' Us brands.
Tencent Music plans to go public on US exchange October 3, 2018
It dominates the music streaming market in China through its QQ Music, KuGou and Kuwo platforms.