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Category: Business World

US sues Google over its alleged monopoly on digital advertizing

January 28, 2023Nri Today

The United States Justice Department along with eight states has filed a case against Google for “monopolizing” multiple digital advertising technology products. “Today, the Justice Department, along with the Attorneys […]

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Microsoft invests $10 billion in ChatGPT’s parent organization OpenAI

January 25, 2023Nri Today

Microsoft has announced that it will invest another $10 billion dollars in OpenAI, and strengthen its commitment to seeing its AI bots go mainstream. The $10 billion investment in OpenAI […]

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Amazon Launches Amazon Air for Dedicated Air Cargo Deliveries in India

January 25, 2023Nri Today

With an aim to expand and speed-up deliveries across India amid fast-growing e-commerce sales, E-commerce giant Amazon.com on Monday launched ‘Amazon Air’, a dedicated air cargo service in the country. […]

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Amid ChatGPT buzz, Nadella says AI’s good for humanity

January 21, 2023Nri Today

A golden age of artificial intelligence (AI) is underway and will redefine work as we know it, Microsoft Chairman and CEO Satya Nadella said at the World Economic Forum 2023 […]

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Meta and Microsoft vacating offices in US amid tech layoffs, WFH demands

January 17, 2023Nri Today

Meta (formerly Facebook) and Microsoft are giving up office facilities in Seattle and Bellevue in Washington. The decision comes days after Twitter followed a similar move to cut expenses amid […]

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NBC News, MSNBC lay off employees in ‘double digits’

January 14, 2023Nri Today

Media giants NBC News and MSNBC have laid off employees in “double digits” and the number of impacted workers could be around 75. According to CNN, the laid-off number was […]

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Mala Gaonkar’s SurgoCap makes biggest debut of a hedge fund led by a woman

January 14, 2023Nri Today

Renowned Indian-American businesswoman and co-portfolio manager Mala Gaonkar’s firm SurgoCap Partners made the biggest-ever launch for a hedge fund headed by a woman. SurgoCap Partners started trading on January 3, […]

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Microsoft To Start Giving US Workers ‘Unlimited Time Off’ From Next Week

January 13, 2023Nri Today

Microsoft, the biggest software company in the world, is doing away with its four-week vacation policy and allowing US workers unlimited paid time off. A “discretionary time off” approach that […]

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Cognizant replaces Brian Humphries with Ravi Kumar S as CEO

January 13, 2023January 13, 2023Nri Today

IT major Cognizant Technology Solutions appointed Ravi Kumar S as CEO and a member of the Board, effective immediately.  Kumar succeeds Brian Humphries in both roles. To facilitate a smooth […]

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Goldman Sachs to cut about 3,200 jobs this week: Report 

January 10, 2023Nri Today

Goldman Sachs will lay off thousands of people from Wednesday, as per a Bloomberg report. According to sources cited in the report, the number of jobs cut will not go […]

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