Tech Industry
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Amazon deepens tech-sector gloom with another 9,000 layoffs
•The layoffs will affect Amazon's streaming unit Twitch as well. Dan Clancy, who was named as CEO of Twitch last week, said the platform will lay off more than 400 employees
Silicon Valley Bank collapse: What we learnt from the bank's failure
•What brought Silicon Valley Bank down wasn't lending to risky startups, gambling on shady crypto coins, or any other ill-conceived tech scheme. It was an old-fashioned bank run, triggered in 2021 by a series of old-fashioned bad decisions
Infosys bans moonlighting, Wipro head calls it ‘cheating’: What’s this practice on the rise in the tech industry?
Fp Explainers •Infosys has sent out an email to its employees warning them against moonlighting, saying it could lead to termination. The practice of taking up a second job during or outside of regular office hours is on the rise in the tech industry, especially with work from home
India's research and development sector funding for science, technology is stagnant: Quō vādis?
S Krishnaswamy •Looking at India’s problems of farm productivity, public health, renewable energy, something isnt' right if the departments involved are contributing only a quarter of the already low GERD.
Two US lawmakers allege that Twitter is an avenue to spread racism and bigotry
Ians •Facebook and Twitter will appear before the Senate Intelligence Committee hearing on November 1 to testify into Russian interference during the 2016 US presidential election.
Co-founder of '500 Startups' demoted for mistreatment of women
Fp Archives •Dave McClure, a Silicon Valley investor has been demoted within the firm he co-founded, 500 Startups.
Silicon Valley season four accurately reflects the egoistic narcissism of the tech industry
Sneha Khale •The writers of Silicon Valley adapt very well and are obviously on top of the tech industry news
Google will face tough regulatory policies under President-elect Donald Trump
Fp Archives •Alphabet Inc's Google faces a tougher regulatory landscape as U.S. President-elect Donald Trump's incoming administration looks poised to reverse Obama administration policies that often favored the internet giant in the company's battles with telecoms and cable heavyweights, analysts say.
Indian tech firms paid $22.5 bn taxes in US in FY 2011-15
Fp Archives •Indian technology industry paid USD 22.5 billion in taxes during the financial years 2011-15, besides investing USD 2 billion in FY 2011-13 in the US, Parliament was informed today.
Not enough: Tech industry gives thumbs down to Obama's immigration rule changes
Fb_admin •Major changes would require Congressional action, however, and tech industry executives are worried that partisan rancor over Obama's unilateral action could set back chances for legislation.<br />