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STMicroelectronics cuts full-year outlook for second time

STMicroelectronics (STM) has reduced its sales outlook for fiscal 2024 following a decline in Q1 revenue and net profit....

US to award Taiwan’s GlobalWafers up to $400 mln to boost US semiconductor wafer production

The U.S. Commerce Department announced on Wednesday its plan to award Taiwan's GlobalWafers up to $400 million in government...

Microsoft seals carbon capture deal with Occidental

On Tuesday, tech giant Microsoft signed a landmark carbon capture agreement with 1PointFive, a subsidiary of Occidental Petroleum, as...

Personal data of almost 8 million Angel One customers leaked online

In a significant data breach, approximately 7.9 million pieces of personally identifiable information (PII) belonging to customers of the...

Ixigo’s Q4 net profit jumps 55%, triples for full year

Online travel booking platform Ixigo, which went public last month, reported a 20% year-on-year (YoY) increase in its operating...

CEAT appoints Vishal Pawar as Senior Vice President- Global Sales and Supply Chain

CEAT, a tyre manufacturer, today announced the promotion of Vishal Pawar to the role of Senior Vice President -...

Figma pulls AI tool after criticism that it ripped off Apple’s design

Figma recently launched make designs, a new tool that uses generative AI to help users quickly prototype apps. However,...

Heart Aerospace Appoints Benjamin Stabler as Chief Technology Officer

Heart Aerospace, a prominent manufacturer of hybrid-electric aircraft, is delighted to announce the appointment of Benjamin Stabler as its...

SoftBank Eyes $ 150 mn deal in Indian AI Infrastructure Boost

SoftBank, the Japanese technology conglomerate, is considering substantial investments in Indian data centres and industrial robotics companies to capitalize...

Tech-Driven Compliance: The Future of Audit and Tax Management

A decade back the world of tax and audit management resembled a paper-strewn intricate puzzle. The traditional approach burdened...
 
 

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