Whatever the outcome may be, Elon Musk for now appears to be sitting on around $8.5 billion in cash raised from selling shares of the automaker late in April to finance the Twitter acquisition.from Tech-Economic Times https://ift.tt/fGHZd1u
Elon Musk's Tesla stock sale windfall dwarfs Twitter loss
Whatever the outcome may be, Elon Musk for now appears to be sitting on around $8.5 billion in cash raised from selling shares of the automaker late in April to finance the Twitter acquisition.from Tech-Economic Times https://ift.tt/fGHZd1u
Twitter hits back at Elon Musk, says no deal obligations breached
Elon Musk said on Friday he would seek to end his $44 billion deal because the social media company had breached multiple provisions of the agreement.from Tech-Economic Times https://ift.tt/scQhUYG
Byju’s yet to close $800M round; govt may quiz FB, Twitter on compliance rate
Fellow edtech giant Unacademy, meanwhile, is giving its founders and top management pay cuts and shutting its global test prep business as it looks to cut costs. Both companies have also laid off hundreds of employees this year.from Tech-Economic Times https://ift.tt/5v2y6WU
Cognizant rejig may make digital arm nimbler, stem attrition, say analysts
Cognizant is promoting two executives as part of the restructuring exercise under which the company is merging its Digital Business and Technology (DB&T) and Digital Business Operations (DBO) units.from Tech-Economic Times https://ift.tt/YtGkFAo
Cognizant rejig may make digital arm nimbler, stem attrition, say analysts
Cognizant is promoting two executives as part of the restructuring exercise under which the company is merging its Digital Business and Technology (DB&T) and Digital Business Operations (DBO) units.from Tech-Economic Times https://ift.tt/6uhFkPa
Unacademy to focus on profitability, announces salary cuts for founders, management
from Tech-Economic Times https://ift.tt/yKJxIMS
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