"I am unbelievably sorry for my role in all of this," Singh said, adding that he knew by mid-2022 that Bankman-Fried's hedge fund, Alameda Research, was borrowing FTX customer funds, and customers were not aware. Singh said that he would forfeit proceeds from the scheme.
The European Union data protection watchdog on Tuesday expressed concerns about a European Commission draft decision that could pave the way for a new data transfer pact with the United States, saying more should be done to protect Europeans' privacy rights.
As executives in the tech world are looking to sharpen their talent as well as diversify their skill sets amid large-scale layoffs, upskilling startups are confident of growing their businesses this year. Edtech firms at the same time remain in dire straits post-Covid.
Representatives from matrimony, dating, fintech, edtech and gaming sectors discussed the implications of the billing system, where Google said it would reduce the fee only by 4% if a user pays through an alternative billing system.
San Jose, California-based Zoom forecast profit between $4.11 and $4.18 per share for fiscal 2024, compared with analysts' average estimate of $3.66 per share, according to Refinitiv data.
AI has emerged as a bright spot for investments in the tech industry, which has been struggling with slowing growth, and has cut thousands of jobs as well as dialed down on experimental bets to beat the downturn.
Under the new model, Wipro has created four GBLs organized around cloud, enterprise technology and business transformation, engineering, and consulting, according to the exchange filing. The changes will go into effect April 1, 2023.