Tuesday, 4 October, 2022
TopicTech companies

Topic: Tech companies

Why the European Union is opening a Silicon Valley ’embassy’

The EU is opening a new office in California’s Silicon Valley, giving European regulators direct access to major digital technology companies—and vice versa.

Zomato, PayTM, Nykaa — how investors have lost big time after these big tech IPOs

Analysis of 6 major tech IPO launches of 2021 — Zomato, Paytm, Nykaa, Fino Payments Bank, Policy Bazaar and CarTrade Tech — shows investor euphoria could be fading.

What Jack Ma’s increasing public appearances tell about China’s changing stance on businesses

The easing of the tech crackdown signifies that Xi is trying to make space for other political ideas, including the revival pro-market approach.

Caste-afraid Indians in US tech companies are hogging diversity quota of Blacks, Hispanics

Google doesn't like to talk caste and 48.3% of its employees in the US are White with the second largest group being Asians who constitute 43.2% of the workforce.

Metaverse — the reason Xi’s crackdown on China’s tech industry isn’t working

Xi Jinping might be in for a rude awakening as tech industries hit by the policies under the ‘common prosperity campaign’ are now resisting suppression.

Southeast Asia’s richest families chase next unicorn after Grab, Carousell

From Thailand's Dhanin Chearavanont to Philippines’ Lance Gokongwei, the Southeast Asian conglomerates are plowing millions into promising firms or setting up venture capital funds.

Google to Facebook, tech firms leaning on retd IAS officers to deal with Modi govt

Technology companies like Google, Facebook, Twitter or Amazon are under increased scrutiny and regulatory pressure of the Modi govt. They need an insider in power corridors.

‘Don’t know why I’m alive’ – how Indian techies are struggling with Covid trauma & grief

Indian tech companies, which support Wall Street banks and Silicon Valley giants, are trying to figure out how to address the mental-health fallout for a generation of young workers.

Tech firms push recovery in India’s office leasing after steepest fall in a decade

Technology sector dominated the market with 41% of total leasings across the second half of 2020. Bengaluru saw transactions rise 8% during the period from the previous year.

3 US states to file a new antitrust lawsuit against Google over app store fees

The attorneys general of Utah, North Carolina and New York are among states that are preparing a lawsuit, which hasn’t been previously reported and could be filed in January.

On Camera

YourTurn

Beneficiaries of the PM-GKAY PDS centre in Odisha | Representational image | ANI

Free grains, fuel tax deferred – Gujarat, HP on its mind, Modi govt puts politics over economy

RBI's rate hike also among decisions announced last week that might pay political dividends in state polls, but could come with commensurate economic costs, say economists.

Defence

The LCH is designed with stealth features such as reduced visual, aural, radar and infrared signatures | Photo: IAF

Prachand, India’s new Light Combat Helicopter, doesn’t yet have main arsenal or protection suite

IAF inducted new helicopter Monday, but it'll get anti-tank guided missile only by mid-2023, while air-to-air missiles haven't yet been ordered, it is learnt.

India’s hijab supporters will lose even if they win SC battle. Because the real war is political

In a highly polarised time, cornered minorities tend to lean back and protect the roots and fundamentals of what is so dear to them. Politically, it can often be a bad trap.
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