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Why Anthropic's New AI Tool Dragged Down Indian IT Stocks
Global stock markets were rattled after a US AI firm, Anthropic, released a new set of AI tools for corporate legal teams. The announcement, made last week, led to sharp sell-offs across US technology firms and Indian IT stocks.
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Thousands Face The Axe As Global Firms Look For Return On Big AI Spending
Amazon said it would cut up to 14,000 jobs from its corporate workforce, joining Target, Procter & Gamble and others in axing thousands of office roles.
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'Quit After 5 Months': Redditor's Viral Post Slams India's 'Broken' Corporate Culture
The user revealed that they were hired without a proper job description and left without a reporting manager or any other senior figure for guidance.
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Global Smartphone Shipments Surged 1.5 Percent YoY in Q1 2025; Samsung, Apple Retain Top Positions: IDC
The global smartphone market has started on a positive note in 2025, according to a preliminary report by market research firm International Data Corporation (IDC). Worldwide smartphone shipments grew 1.5 percent year-over-year (YoY) to 304.9 million units in the first quarter of 2025. Samsung remained the market leader, followed by Apple. The iPh...
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Citing Melting Glaciers, Peruvian Farmer Sues German Firm, Tests Global Climate Law
The glaciers in the Andes of northern Peru are at the centre of a landmark global case that will test the legal culpability of corporations over their greenhouse gas emissions and the role these play in climate change.
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Tata Electronics Acquires 60 Percent Stake in iPhone Maker Pegatron Technology India
Tata Electronics Pvt Ltd (TEPL) has acquired a 60 percent controlling stake in Pegatron's India unit. Pegatron India, a subsidiary of Taiwan's Pegatron Corporation, provides contract-based electronics manufacturing services (EMS) to major global companies such as Apple.
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Madhav Sheth Departs Realme India After Five-Year Stint, Founder Sky Li to Oversee India Operations: Details
Madhav Sheth announced his exit from Realme India on Wednesday. The departure of the company's VP for Business and Corporate Strategy (Global) comes five years after he joined the firm in 2018. Sheth has revealed that the company's operations in the region will now be overseen by Founder and CEO Sky Li.
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Apple Said to Make 'Small Number' of Job Cuts in Some Corporate Retail Teams: Details
Apple is said to be cutting a small number of jobs within the company's corporate teams, as part of the first job cuts at the Cupertino firm since it began cost cutting measures last year. The firm is cutting jobs of workers responsible for the construction and upkeep of Apple retail stores and other facilities around the world.
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Accenture to Cut 19,000 Jobs Amid Concerns of Lower IT Spending Due to Global Economic Outlook
Accenture has announced it plans to cut about 2.5 percent of workforce, or 19,000 jobs, as the lowers its profit and revenue forecast for the year. The firm said more than 50 percent of the job cuts would affect staff at its non-billable corporate functions.
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IT Services Firm Accenture To Cut 19,000 Jobs, Trims Profit Forecasts
Accenture Plc said on Thursday it would cut about 19,000 jobs and lowered its annual revenue and profit projections, the latest sign that the worsening global economic outlook was sapping corporate spending on IT services.
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Why Anthropic's New AI Tool Dragged Down Indian IT Stocks
Global stock markets were rattled after a US AI firm, Anthropic, released a new set of AI tools for corporate legal teams. The announcement, made last week, led to sharp sell-offs across US technology firms and Indian IT stocks.
-
Thousands Face The Axe As Global Firms Look For Return On Big AI Spending
Amazon said it would cut up to 14,000 jobs from its corporate workforce, joining Target, Procter & Gamble and others in axing thousands of office roles.
-
'Quit After 5 Months': Redditor's Viral Post Slams India's 'Broken' Corporate Culture
The user revealed that they were hired without a proper job description and left without a reporting manager or any other senior figure for guidance.
-
Global Smartphone Shipments Surged 1.5 Percent YoY in Q1 2025; Samsung, Apple Retain Top Positions: IDC
The global smartphone market has started on a positive note in 2025, according to a preliminary report by market research firm International Data Corporation (IDC). Worldwide smartphone shipments grew 1.5 percent year-over-year (YoY) to 304.9 million units in the first quarter of 2025. Samsung remained the market leader, followed by Apple. The iPh...
-
Citing Melting Glaciers, Peruvian Farmer Sues German Firm, Tests Global Climate Law
The glaciers in the Andes of northern Peru are at the centre of a landmark global case that will test the legal culpability of corporations over their greenhouse gas emissions and the role these play in climate change.
-
Tata Electronics Acquires 60 Percent Stake in iPhone Maker Pegatron Technology India
Tata Electronics Pvt Ltd (TEPL) has acquired a 60 percent controlling stake in Pegatron's India unit. Pegatron India, a subsidiary of Taiwan's Pegatron Corporation, provides contract-based electronics manufacturing services (EMS) to major global companies such as Apple.
-
Madhav Sheth Departs Realme India After Five-Year Stint, Founder Sky Li to Oversee India Operations: Details
Madhav Sheth announced his exit from Realme India on Wednesday. The departure of the company's VP for Business and Corporate Strategy (Global) comes five years after he joined the firm in 2018. Sheth has revealed that the company's operations in the region will now be overseen by Founder and CEO Sky Li.
-
Apple Said to Make 'Small Number' of Job Cuts in Some Corporate Retail Teams: Details
Apple is said to be cutting a small number of jobs within the company's corporate teams, as part of the first job cuts at the Cupertino firm since it began cost cutting measures last year. The firm is cutting jobs of workers responsible for the construction and upkeep of Apple retail stores and other facilities around the world.
-
Accenture to Cut 19,000 Jobs Amid Concerns of Lower IT Spending Due to Global Economic Outlook
Accenture has announced it plans to cut about 2.5 percent of workforce, or 19,000 jobs, as the lowers its profit and revenue forecast for the year. The firm said more than 50 percent of the job cuts would affect staff at its non-billable corporate functions.
-
IT Services Firm Accenture To Cut 19,000 Jobs, Trims Profit Forecasts
Accenture Plc said on Thursday it would cut about 19,000 jobs and lowered its annual revenue and profit projections, the latest sign that the worsening global economic outlook was sapping corporate spending on IT services.
