Virtucycle 18-10-2022 - Arhive

October 18, 2022

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Technology

Robust Q4 for Infosys; Good Glamm Group lays off 150 staffers April 18, 2024
India’s second-largest IT company Infosys posted upbeat results for the fourth quarter. More numbers in today’s ETtech Top 5.
Salesforce opens up Slack AI to clients beyond large enterprises April 18, 2024
Slack AI uses a client company’s conversational data to help end users or employees pick up faster on processes and communications with system-generated summaries and new search abilities.
Stability AI to lay off staff weeks after founder Mostaque resigned as CEO April 18, 2024
The move signals another shift for the AI startup after Mostaque's departure as chief executive and member of the company's board, in the face of stiff competition from firms like ChatGPT-maker OpenAI and French startup Mistral.
Infosys reports drop in hiring for fifth straight quarter in Q4 April 18, 2024
Infosys on Thursday posted a 30% YoY growth in its consolidated net profit at Rs 7,969 crore for the quarter ended March 2024. The same was at Rs 6,128 crore in the same quarter of last year.
Infosys Q4 Results: Profit jumps 30% YoY to Rs 7,969 crore; co sees FY25 revenue growth at 1-3% April 18, 2024
Revenue from operations in the fourth quarter stood at Rs 37,923 crore, up 1% from Rs 37,441 crore clocked in the previous year's quarter.
Content-to-commerce platform The Good Glamm Group lays off 150 employees April 18, 2024
The Good Glam Group said it is working with a new organisational framework to rejig its operations, which led to the layoffs over the past 15 months. As a part of this restructuring, the Mumbai-based firm has also made certain elevations, including appointment of Manan Jain as group COO, Kartik Rao as group chief people's […]
X says 'continue to work' with Pakistan govt to understand its 'concerns' April 18, 2024
Pakistan banned X for security reasons. Twitter, owned by Elon Musk, remains suspended. Concerns of rigging in the February 8 elections led to the ban. The government and courts are involved in addressing the situation.
Swiggy integrates Mall offering with Instamart April 18, 2024
Swiggy merges Mall with Instamart, following Zepto's non-grocery sales success. Quick commerce attracts smaller D2C firms due to robust growth in non-grocery categories.
ESG consulting startup Uniqus raises $10 million in funding led by Nexus VP April 18, 2024
Uniqus Consultech raised $10M Series B funding, expanding to 8 cities with 350 professionals. Funding to enhance services, enter new markets, and invest in technology. ESG market growth drives firms towards sustainability and governance focus for client value.
Internet browser Veera says it has crossed 1 million users April 18, 2024
Veera, India's browser, achieves 1 million users in a year with tailored content and ad blocking. Founder Arjun Ghose drives continuous innovation and user experience enhancement to revolutionize the internet browsing experience.

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
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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
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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.