Twitter offers new equity grants to staff: WSJ report

According to the report, the company plans to offer a liquidity event roughly a year from now, in which employees can cash out some of their equity.

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China denies pressuring companies like TikTok to spy for China

At a news conference, a Chinese foreign ministry spokesperson, Mao Ning, said China "has never and will not" ask companies or individuals to collect data stored in foreign countries in a way that violates those countries' laws.

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US Justice Department's Google advertising case gets fast-paced schedule

The faster pace of the litigation could put additional pressure on both sides, but particularly on Google in building its defense, based on what the company in a court filing called an "imbalance" in the proceedings.

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TikTok’s future hangs in balance amid possible US ban & other top tech stories this week

Earlier this week TikTok said it has more than 150 million monthly users (nearly half the population) in the US, up from 100 million just a year ago. However, the exponential growth of the short video platform comes at a time when it faces an existential crisis in the US as the Joe Biden administration seeks a ban or a potential sale of the platform to a local owner.

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Accenture results signal growth impact in FY24, larger firms to benefit

Most analysts expect the Indian IT sector to grow its revenue in mid- to high-single digits year on year in FY24, a steep climb down from the high growth registered in the past two years post the pandemic.

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Delhi High Court asks Google to consider softer warning for WinZO app downloads

The high court asked Google whether it can say the application is harmful when it does not know verified reports about it. “Can you say it is harmful? You can say it is unverified and download it at your own risk,” the court said, while posting the matter for further hearing on April 26.

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IT firms could buy tech captives of crisis-hit banking sector; Hindenburg accuses Jack Dorsey's Block of $1B fraud

Several analysts believe that the global capability centre (GCC) ecosystem has significantly changed since the 2008 crisis stage and that the current crisis would result in an increase in GCC investments in the country.

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