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Apple’s Cook opens new store in Shanghai to large crowds as China sales fall

By Brenda Goh SHANGHAI (Reuters) -Apple CEO Tim Cook on Thursday opened Apple's newest store in Shanghai in front of a large crowd, some of whom had queued overnight. Cook, who arrived in Shanghai on

FactSet beats Q2 profit estimates amid surge in financial services subscriptions

(Reuters) - FactSet Research Systems on Thursday beat second-quarter profit estimates on the back of robust demand for its financial data and analytics services driving the subscription growth.

Borderless AI raises $27 million in funding backed by Susquehanna, Aglaé Ventures

By Niket Nishant (Reuters) - Borderless AI has raised $27 million in a funding round led by investment firm Susquehanna and Bernard Arnault's venture capital company, Aglaé Ventures, the artificial

Accenture fans IT industry spending gloom with annual forecast cut

(Reuters) - IT services provider Accenture cut its fiscal-year 2024 revenue forecast on Thursday, as an uncertain economy prompts clients to curtail spending on its consulting services,

Micron eyes record high as AI demand powers strong forecast

By Medha Singh and Aditya Soni (Reuters) -Memory chipmaker Micron Technology surged 18% on Thursday and was set to open trading at a record high after its strong revenue forecast fanned optimism that

Apple’s CEO Cook opens new store in Shanghai

SHANGHAI (Reuters) - Apple CEO Tim Cook opened Apple's new store in Shanghai drawing a large crowd on Thursday. Some people queued up overnight, according to posts on Chinese social media. Cook

Reddit set for hotly anticipated debut after pricing IPO at top of range

By Niket Nishant (Reuters) - Social media platform Reddit geared up for its high-profile market debut on the New York Stock Exchange on Thursday, setting the stage for other companies looking to go

Accenture cuts annual revenue forecast

(Reuters) -IT services provider Accenture cut its fiscal-year 2024 revenue forecast on Thursday, as an uncertain economy prompts clients to cut spending on its consulting services. Shares of the

Accenture cuts its annual revenue forecast

(Reuters) -IT services provider Accenture cut its fiscal-year 2024 revenue forecast on Thursday, as an uncertain economy prompts clients to cut spending on its consulting services. Shares of the

Micron set for record high after AI demand steers strong forecast, surprise profit

(Reuters) - Micron Technology's shares surged 15.7% in premarket trading on Thursday after the company posted a surprise profit and forecast current-quarter revenue above Wall Street estimates on

On Camera

New labour codes are a simplification that’s been long overdue. Its a strategic shift

Imposition of formal rights and digital compliance mechanisms introduces new expectations for both employers and workers. This transition will require sustained awareness efforts.

At Charcha 2025: Local entrepreneurship, not just big IT, will drive next wave of distributed AI work

While global corporations setting up GCCs in India continue to express confidence in availability of skilled AI engineers, the panel argued that India’s real challenge lies elsewhere.

From a small Kangra village to Tejas cockpit: IAF fighter pilot Namansh Syal’s journey cut short

Wing Commander Namansh Syal is survived by his wife, their 6-year-old daughter and his mother. Back in his native village, relatives and neighbours wait for his remains for last rites.

A tribute to Tejas. India’s delay culture is the real enemy in the skies

It is a brilliant, reasonably priced, and mostly homemade aircraft with a stellar safety record; only two crashes in 24 years since its first flight. But its crash is a moment of introspection.