Twitter Inc said Thursday it would cut 9 percent of its global workforce to keep costs down even as quarterly results eclipsed Wall Street's beaten-down expectations, lifting shares that had fallen after a failed effort to sell the company.
Samsung Electronics Co Ltd's U.S. unit is facing a proposed class action lawsuit from three Galaxy Note 7 customers, according to a filing in a federal court in Newark, New Jersey.
Samsung Electronics Co Ltd on Friday said it expects to take a hit to its operating profit of about $3 billion over the next two quarters due to the discontinuation of its fire-prone Galaxy Note 7 smartphone.
Indian businesses lost over $1 million from data loss and downtime in the last 12 months, a survey by EMC Corporation -- the world's largest data storage multinational -- revealed on Tuesday.
Twitter Inc reported its first quarter with no growth in users since it went public, stoking fresh concerns on how long it will take for the company to reverse the trend.
Amazon Inc's net loss has gone up to Rs. 1,724 crore for its India business in the year ended March 2015
Frankly speaking: Shashi Tharoor opens up on true love, Sunanda's investigation and being a Macaulayputra
Here are some of the most memorable moments from the Firstpost Salon with Shashi Tharoor.
Manuel Pellegrini insists he feels no pressure to keep his job as Manchester City manager but that won't stop speculation that his time in the job will end this season following their elimination from the Champions League on Wednesday.
Expressing disappointment over his first round loss in the ATP Chennai Open tennis tournament here, India's top singles player Somdev Devvarman has said he is focussed on getting back in the top 100 and has better tennis in him than what he showcased today.
India need to draw on their reserves of pride and motivation to avoid a seventh straight test loss.
Will the promoters, the Marans, decide to pump in more money into the cash-strapped airline? Or will they announce the status of talks with any potential investor? Because if neither decision is taken, then it only means the Marans will let the airline struggle with mounting dues, exhortations from multiple lenders and dwindling prospects of any revival.
The airline's comments camea day after civil aviation minister A Gajapathi Raju spoke about about the heightened surveillance of SpiceJet flights by theDGCA on account ofof safety concerns.<br />
As many as 54 SpiceJet pilots of the over 125 pilots who have quit the airline have already applied for a jobs in the two major airlines -- Jet Airways and IndiGo.
For SpiceJet , it couldn't have come at a worse time as it has been forced to cancel flights due to a shortage of aircraft and is in urgent need of a capital infusion to stay afloat.<br />
Budget airline SpiceJet has said that payment of salaries to employees was delayed but promised it wouldn't happen again.
The combined losses of Snapdeal, Amazon and Flipkart for the last financial year stood at Rs 985 crore
Special CBI judge Swarana Kanta Sharma rejected the bail pleas of Arun Aggarwal, who is alleged to be the Chief Financial Officer of Bhushan Power and Steel Ltd, and Vijay Pahuja, who according to the CBI was acting as an "agent" for receiving illegal gratification.
The NDA government has continued with the previous UPA regime policy of raising diesel rates by up to 50 paise a litre every month to bridge the gap between cost and retail prices.<br />
The clarification, pertaining to applicability of accounting standards, comes at a time when many power projects are grappling with multiple woes including acute coal scarcity and delay in getting requisite clearances.