The Wall Street Journal reported that a deal between the companies could be completed over the weekend, adding that it was unclear whether the purchase price includes debt.
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How exactly does Generative AI impact IT jobs?
According to market intelligence firm Unearth Insight’s study, India’s $245-billion IT services industry employs around 300,000 people in sales and support functions. Out of this, around 50,000 to 60,000 employees’ work will get impacted over the next three to five years.
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Elon Musk will train if Las Vegas martial arts cage match takes hold
Amazon to invest $15 billion more in India says CEO Andy Jassy after meeting PM Modi
Ecommerce major Amazon on Saturday said it plans to invest $15 billion more in India, taking its total investment in the country to USD 26 billion, a top official of the company has said. After meeting Prime Minister Narendra Modi in the US, Amazon CEO Andy Jassy said the company has already invested USD 11 billion in India till date.
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YouTube is testing an online-games offering
Pichai meets Modi announces Google will invest $10 billion in India's digitisation fund
Notably, Gujarat International Finance Tec-City is a central business district under construction in Gandhinagar district in Gujarat, India. "PM's vision for Digital India was way ahead of his time I now see it as a blueprint that other countries are looking to do," Pichai said after meeting Prime Minister Modi.
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Government in talks with multiple semiconductor companies for major investments over the next one year: Ashwini Vaishnaw
On Friday, US memory-chip maker Micron Technology announced it would set up an outsourced semiconductor assembly and testing plant at Sanand in Gujarat entailing an investment of $2.75 billion. Of this, Micron will invest $825 million, while the rest will be a combination of incentives from the central and state governments.
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