The consolidated revenue from operations increased 42% year-on-year (YoY) to 2,062 crore, driven by an increase in merchant subscription revenues, growth in loan distribution and momentum in commerce business.
Deutsche Telekom, Orange, Telefonica, Telecom Italia and other operators have long lobbied for a Big Tech contribution while Alphabet Inc's Google, Apple Inc, Meta Platforms Inc, Netflix Inc, Amazon.com Inc and Microsoft Corp are the firms that said an internet tax would undermine EU rules to treat all users equally.
According to a report in tech publication TechCrunch, the tech giant believes that modern network infrastructure will assist its telecommunications partners to improve and monetise their existing infrastructure while also lowering their overall cost of ownership.
Current cyber security rules, government policies and regulations "are simply not at the level that we need them to be," Prime Minister Anthony Albanese said during a meeting with industry leaders and experts.
The layoffs came after a week when the company made it difficult for Twitter employees to communicate with one another. The company's internal messaging service, Slack, was taken offline, preventing employees from chatting with one another or looking up company data, five current and former employees told The New York Times.
For the past two years, Zomato has been charging a commission of 18-25% per order for deliveries, depending on its arrangement with restaurant partners.
In a LinkedIn post, Google India employee Animesh Swain stated that pink slips were also served to employees with highest ratings. The list also has names who were recently awarded promotions.