Inflated pay dampens startup executives’ job hunt

Professionals who are drawing extremely high salaries and looking to move out from troubled startups are facing sharp cuts in compensation while switching jobs.

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EU antitrust regulators seeking more info on Apple Pay

The EU competition watchdog last year accused Apple of restricting rivals' access to its tap-and-go technology, Near-Field Communication (NFC), used for mobile wallets, making it difficult for them to develop rival services on Apple devices.

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Google's AI is coming to more companies near you

The cloud division inside Alphabet Inc is lining up customers to put its newest technology to the test, so-called generative AI that produces human-like prose or other content from past data.

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Microsoft will not give employees salary raise this year: report

In January, Microsoft said it would let go of 10,000 workers, adding to the tens of thousands layoffs announced before that across the technology sector as it deals with slowing growth in a turbulent economy.

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'Rip and replace': The tech cold war is upending wireless carriers

The project had already been delayed for months because of storms, slow equipment shipments and labor shortages. The new snafu, discovered early this month, would add at least two more days and blow the budget, said John Nettles, the president of the family-owned Pine Belt Cellular, who was standing at the base of the tower.

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Zomato slides 7% on fears ONDC may hit profitability

Analysts said the disruption by ONDC, where consumers are buying food and grocery at cheaper prices, has hurt investor sentiment in loss-making Zomato.

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Snags hit ecommerce orders on ONDC; IT firms hire more women in FY23

Government-backed Open Network for Digital Commerce (ONDC) is set for rough weather ahead as the platform faces roadblocks while scaling. This and more in ETtech’s Morning Dispatch.

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