An impasse after several rounds of discussions has left Dunzo’s other investors increasingly sceptical of its chances of survival in the absence of fresh funding soon, said multiple people briefed on the situation.
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Amazon competitor Zulily curtails operations, lays off hundreds
Zulily will lay off 292 workers in Seattle and elsewhere in Washington, effective from February 7, according to a notification from the state Employment Security Department, reports Seattle Times.
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from Tech-Economic Times https://ift.tt/Q4IBWv1
Finally, it's done: Europe agrees landmark AI regulation deal
With the political agreement, the EU moves toward becoming the first major world power to enact laws governing AI. Friday's deal between EU countries and European Parliament members came after nearly 15 hours of negotiations that followed an almost 24-hour debate the previous day.
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from Tech-Economic Times https://ift.tt/0biEVQz
IT companies take pole position on CEO pay front in India
C Vijayakumar, managing director and CEO of HCL Technologies, India’s third-largest IT services company by market cap, was the eleventh-highest paid, taking home $3.46 million, or about Rs 28 crore, (he is based out of the US) in FY23.
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from Tech-Economic Times https://ift.tt/1ucSTUZ
Playing on Numbers: Making sense of India’s gaming boom
Over the past three years, the online gaming industry has grown at a CAGR of 28 per cent, reaching Rs 16,428 crore in FY23 and is likely to reach Rs 33,243 crore by FY28.
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from Tech-Economic Times https://ift.tt/kRXv6Ib
Green Shoots: Sustainability now part of corporate agenda for Indian tech companies
For tech companies in India, sustainability is now part of corporate agenda. So accordingly, apart from their products, the likes of Intel and SAP Labs have also invested in green campuses
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from Tech-Economic Times https://ift.tt/UpWJGh4
Europe agrees landmark AI regulation deal
With the political agreement, the EU moves toward becoming the first major world power to enact laws governing AI.
from Tech-Economic Times https://ift.tt/Kimq6Yo
from Tech-Economic Times https://ift.tt/Kimq6Yo
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