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Triller, rival of TikTok to go public

According to sources, Triller is in discussions with blank-check acquisition companies about a merger which would take the U.S. social media company public....

Morgan Stanley fined $60 million over data centre failure

The Office of the Comptroller of the Currency (OCC) has hit Morgan Stanley with a $60 million penalty for failing to properly decommission two wealth management data centres in 2016. However, the company said it notified clients about the technology lapses in July....

Google holding app developers to ransom: Paytm

Vijay Shekhar Sharma, CEO, Paytm said on the introduction of Google tax on introducing of newer norms to earn money, which is against the policy of the Government and having monopoly. The fight catches fire across the start-up eco-system as well as many companies who are planning for newer business. ...

Microsoft has a warning for all Android phone users

Seems the blame game is on as the competition arises among android, IOS. Previously, Windows Mobile’s failure was Windows itself, an OS designed for a big screen,...

Salesforce to create 5.48 lakh direct jobs in India

Salesforce plans to add 5.48 lakh direct jobs in India in near future and sees the country has potential to become the second largest in terms of GDP, a top official of the company said on Friday. While speaking at the Raise summit, Salesforce chief data evangelist Vala Afshar said that indirectly the company will create 13 lakh jobs in India....

Infosys to take over US-based Blue Acorn iCi for $125 million

Infosys has inked a definitive agreement to acquire US-based Blue Acorn iCi. The acquired company is a provider of digital customer experience, commerce, and analytics solutions, for up to $125 million....

ICRA predicts telcos likely to speed-dial ARPU improvement and hike tariffs

ICRA Ratings has said that ARPU improvement and further tariff hikes are on the cards, given the fact that telecom service providers (telcos) are required to make sizeable payouts in terms of AGR liabilities,...

Kimberly-Clark names its new CHRO

Kimberly-Clark Corporation has roped in Sandi Karrmann as Senior Vice President and Chief Human Resources Officer. She will take on the charges from October 26, 2020. ...

Fujitsu, FANUC and NTT Communications come together for a Joint Venture

Fujitsu Limited, FANUC CORPORATION, and NTT Communications Corporation have announced the establishment of DUCNET Co, a new company to offer a cloud service to support digital transformation (DX) first in the machine tool industry and subsequently in the broader manufacturing industry. DUCNET will open for business in November 2020....

ADIA to pour ₹ 5,512.50 Crore in Reliance Retail Ventures

Reliance Industries and Reliance Retail Ventures (“RRVL”) announced that a wholly owned subsidiary of the Abu Dhabi Investment Authority (“ADIA”) will invest ₹ 5,512.50 crore into RRVL, a subsidiary of Reliance Industries. This ...