The company is pouring billions into its virtual reality division in hopes of Big-Banging the metaverse into existence, but back in the real world, revenue and user growth are stalling.from Tech-Economic Times https://ift.tt/D25y0Ir
Is Meta losing its way?
The company is pouring billions into its virtual reality division in hopes of Big-Banging the metaverse into existence, but back in the real world, revenue and user growth are stalling.from Tech-Economic Times https://ift.tt/D25y0Ir
Cognizant aims to maintain financial services growth rate amid digital pivot
Company pares revenue guidance, CEO says 'no significant slowdown' in IT services demandfrom Tech-Economic Times https://ift.tt/6Rs352Y
Ola to sack 1,000 workers; Aarogya Setu data protocols were discontinued in May
The restructuring exercise – which is expected to last a few more weeks – is aimed at increasing Ola’s focus on its electric mobility business, for which it is hiring “aggressively”, according to executives engaged in the recruitment process.from Tech-Economic Times https://ift.tt/EAb2NBo
Battlegrounds Mobile India, Indian version of PUBG taken down
A Krafton spokesperson said: "We are clarifying how BGMI was removed from the Google Play store and the App store and will let you know once we get specific information.”from Tech-Economic Times https://ift.tt/2QBlizb
Ola to fire about 1,000 employees across verticals even as focus shifts to electric mobility
The entire restructuring exercise – which is expected to be on for a few weeks more - is to focus more on its electric mobility business, where it is hiring “aggressively”, according to executives engaged in the recruitment process. The process has been ongoing across verticals including mobility, hyperlocal, fintech, and its used cars businesses.from Tech-Economic Times https://ift.tt/hr5vdaT
Focus is on payments, distribution of lending products: Paytm founder Vijay Shekhar Sharma
Vijay Shekhar Sharma reiterated that the company continues to be on track to achieve operating profitability by September 2023.from Tech-Economic Times https://ift.tt/RyQaYJo
Swiggy workers go on strike again, this time in Delhi
Swiggy delivery personnel went on strike in Bengaluru last week and in Mumbai earlier.from Tech-Economic Times https://ift.tt/MNU9pYW
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