News Muncher - category tech firm

1 month, 4 weeks ago

This US tech firm is now bigger than some Indian IT companies. Here's how

US technology services firm EPAM Systems has emerged bigger than LTIMindtree Ltd and grown faster than Tech Mahindra Ltd with a simple hack: doubling its employee strength in India. In this period, Tech Mahindra, India’s fifth-largest information technology services provider by revenue, recorded a growth rate of 0.32%, reaching a revenue of $1.6 billion at the end of July-September 2024 …

Ukraine Russia Employees Workforce Revenue End Its Workforce

6 months ago

UK tech firm committed to expanding in Chinese market

China Daily

The office building of CML in Cambridge, England. Cambridge Mechatronics Ltd, or CML, a British technology company based in Cambridge, is looking to further tap into the Chinese market, according to a senior executive of the company. In an exclusive interview with China Daily, Ben Brown, chief technology officer at CML, said the company sees its China business doubling in …

Technology China Chinese Brown Cambridge Sma Chinese Market

8 months, 1 week ago

Google Layoff 2024 - Firm Fires Entire Python Team, To Employ Cheaper Labour: Report

ABP News

Tech giant Google has reportedly conducted a major firing and laid off its entire Python team. Several media reports have emerged citing information that the firm has fired its entire Python team and is trying to find cheap labour substitution for the same. 😬 pic.twitter.com/tVBh1dWLli — Dare Obasanjo🐀 April 28, 2024 Sharing accounts of employees affected by the layoff, a …

Google Python Employ

8 months, 2 weeks ago

Sensex, Nifty climb on firm trend in global markets

The Hindu

Equity benchmark indices Sensex and Nifty ticked higher for the fourth straight session on April 24, helped by buying in metal and commodity stocks amid a positive trend in global equities. From the Sensex basket, JSW Steel, Tata Steel, Power Grid, Kotak Mahindra Bank, UltraTech Cement, NTPC and Bajaj Finance were the major gainers. Foreign Institutional Investors offloaded equities worth …

Nifty Sensex

11 months ago

Private firm mecca Fujian punching above weight

China Daily

Visitors check out a battery at a Contemporary Amperex Technology facility in Ningde, Fujian province. The private economy has become a key driver of economic growth and technological innovation in East China's Fujian province, as local private firms have contributed 70 percent of GDP and tech breakthroughs in the province, said a local government official at a recent news conference. …

Development Tech Economic Battery Private Companies Companies Technological Innovation

1 year, 3 months ago

This year’s hottest tech IPO may be a transportation firm

Live Mint

Share debuts among technology companies haven’t inspired confidence this year, with two of the largest offerings sliding below their listing prices within the first week. Cainiao Smart Logistics Network Ltd. is nominally considered a technology company, chiefly because it’s a spinoff from Chinese e-commerce giant Alibaba Group Holding Ltd. A reported $1 billion share sale in Hong Kong would put …

China Tech Chinese Ipo Cainiao Alibaba

2 years, 10 months ago

Hillary Clinton's campaign paid tech firm to 'infiltrate' Trump Tower and White House servers

Daily Mail

Donald Trump has furiously accused Hillary Clinton's election campaign of treason after a special counsel said her team had tried to spy on his White House servers in a bid to find ties to Russia to smear him with. They spoke after Durham's filings accused Hillary Clinton's election campaign of paying money to a tech firm to 'mine data' from …

Russia Counsel Tech Data Campaign Trump White House

3 years, 2 months ago

China’s Big Tech Crackdown Means No Firm is Bigger Than Govt – The Largest Data Processor

News 18

The onset of the major techlash has left China watchers guessing as to what is the overarching reason for the consecutive measures taken by the Communist Party of China. However, most of them speculated that it is a part of Beijing’s plan to assimilate Big Tech into the CPC-led “Chinese Dream”, which includes financial stability, ideological stance, geopolitics, and social …

China Data Party Companies Chinese Beijing Cpc

4 years, 3 months ago

'Not ready for Oracle-TikTok deal,' Donald Trump questions Chinese tech firm ByteDance's plan to keep majority stake

Firstpost

The US government is currently evaluating a proposal from ByteDance and Oracle designed to resolve the Trump administration’s national security concerns about TikTok Washington: US President Donald Trump said on Wednesday he wasn’t ready to approve a deal for an American company to partner with Chinese-owned video app TikTok, which would allow it to continue operating in the United States. …

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