Twitter adopts 'poison pill' defense against Musk buyout bid

Twitter's board has unanimously adopted a so-called shareholder rights plan, also known as a "poison pill," as the struggle for control of the social media platform intensified.

from Tech-Economic Times https://ift.tt/rhX1G47

Twitter board moves to defend against Elon Musk buyout bid

"The Rights Plan will reduce the likelihood that any entity, person or group gains control of Twitter through open market accumulation without paying all shareholders an appropriate control premium," Twitter said in a statement.

from Tech-Economic Times https://ift.tt/4KYnsuG

Zomato's new policy stokes concern from NRAI

ET has reviewed the contents of the email, which says the policy will be effective from April 18. Once a complaint is received from a customer, Zomato will undertake an investigation to ascertain its genuineness, it said

from Tech-Economic Times https://ift.tt/MzTqDIA

Luxury cars to flexi hours, tech companies go all out to retain talent

As a fierce war for talent rages, tech ventures see staff happiness quotient as critical not just for retention but business growth too

from Tech-Economic Times https://ift.tt/HhnqkbM

TCS has upper hand with deal wins, lower attrition in FY23 vs Infosys

Analysts pointed out that the metric that works in TCS's favour includes that it clocked its highest-ever order book at $11.3 billion in terms of total contract value in the just ended quarter and the metric stood at $34.6 billion for the full year. The fourth quarter total contract value also includes two large deals in the range of $1 billion.

from Tech-Economic Times https://ift.tt/TAMNoqd

Musk just lit a fuse under best-laid plans of social companies

Musk has proposed to make Twitter a private entity if the proposal goes through. Twitter rival Koo App co-founder Aprameya Radhakrishna said this was a sensible move as it would help Musk to execute 'drastic changes.'

from Tech-Economic Times https://ift.tt/wMlDdT2

WhatsApp’s new community feature triggers a fresh row

Another cyber lawyer who did not wish to be named said that this admin issue was concerning as it could hold the admin squarely responsible for anything that is said on a sub-group.

from Tech-Economic Times https://ift.tt/GrcvORo