Economy

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Tech shock in 2025: 218 companies slash 1,00,000 jobs

2025 witnessed major IT firms further expanding their AI role, besides laying off over 1,00,000 employees across 218 companies, as per data released by Layoffs.fyi. more

Microsoft cuts hundreds more jobs after removing 6,000 last month

IT major Microsoft on Tuesday announced that an additional 300 people have been laid off following the recent round of job cuts, media reports said.

Leading chipmaker Nvidia is now world's most valuable company

Chipmaking major Nvidia has become the world's most valuable company after its stocks reached all-time high on Tuesday, media reports said.

Sacked Open AI CEO Sam Altman to join Microsoft, Satya Nadella announces

Open AI's former CEO Sam Altman and former president Greg Brockman are joining Microsoft to lead a new team for advanced research in Artificial Intelligence, Satya Nadella announced M ...

Microsoft acquires Activision Blizzard in a mega $69 billion deal

London: Microsoft has successfully finalized its $69 billion acquisition of Activision Blizzard, marking a significant move in the video game industry, Bloomberg reported.

Microsoft-owned GitHub sacks over 140 Indian staff: Reports

Los Angeles: Microsoft-owned GitHub is the latest tech company that has fired more than 140-member strong entire engineering team in India.

Microsoft says ByteDance refused to sell its TikTok’s US operations

Washington/Sputnik: ByteDance, the Chinese parent company of video-sharing app TikTok will not be selling parts of TikTok’s operations to Microsoft, the American tech giant announce ...

Microsoft to Wrap Up Talks on Purchase of TikTok in September - Company Statement

Washignton/Sputnik: Microsoft plans to finish negotiations with ByteDance, the parent company of TikTok, on the purchase of the Chinese-based video-sharing app no later than September 15, ...

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