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Italy and Intel pick Veneto as preferred region for new chip plant

Intel's investment in Italy is part of a wider plan announced by the U.S. chipmaker last March to invest as much as 80 billion euros ($77.5 billion) over the next decade in building capacity across Europe.

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Salesforce to increase India headcount to 10,000 by Jan next year

"We are (Salesforce India's headcount) at about 7,500 plus. We are expecting that we will end FY23, which for us ends in January of 2023... we expect to be in the range of 10,000," she told PTI in an interview.

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China EV maker Leapmotor set to raise $800 million in Hong Kong IPO

While that is less than the $1.03 billion the EV maker had said it was aiming to raise in its regulatory filings last week, the IPO would still be the city's largest this year. It had planned to raise $1.5 billion but cut the size after a lukewarm response from investors.

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Elon Musk allowed to make a case regarding Twitter's payment to whistleblower Peiter Zatko

In a minor win for Tesla CEO Elon Musk, a US court has allowed his legal team to make a case that a $7.75 million severance payment to Peiter 'Mudge' Zatko, Twitter's former head of security, allows him to terminate the $44 billion takeover deal.

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LinkedIn ran social experiments on 20 million users over five years

In experiments conducted around the world from 2015 to 2019, LinkedIn randomly varied the proportion of weak and strong contacts suggested by its "People You May Know" algorithm

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Mozilla challenges anti-market practices of Google, Apple, Microsoft

Mozilla, the developer of Firefox Internet browser, has hit out at the trinity of Apple, Google and Microsoft, saying their operating systems make it very difficult for browsers like open source Firefox to be used on the platforms they control.

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Exclusive-Grab sees no big layoffs despite weak market

"Around mid-year, we did some kind of specific reorganisations, but I know other companies have been doing mass layoffs, so we don't see ourselves in that category," Hungate, 56, told Reuters in his first interview since joining Singapore-based Grab Holdings Ltd in January.

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Yellow.ai deploys 30% of global generative AI bots domestically

While markets like the US are mostly using GenAI for customer support in a bid to cut costs, India Inc. is using them as an opportunity to g...