Indian IT sector’s talent management to evolve, Infosys CTO says at Davos
By Divya Chowdhury and Haripriya Suresh DAVOS, Switzerland (Reuters) – Infosys (NSE:INFY) expects the way the tech industry manages talent to shift and has already begun experimenting with how this transformation will occur, its chief technology officer said in
TikTok owner ByteDance plans to spend $12 billion on AI chips in 2025, FT reports
(Reuters) – TikTok owner ByteDance plans to spend more than $12 billion on artificial intelligence infrastructure this year, betting on the cutting-edge technology for new growth, the Financial Times reported on Tuesday, citing people familiar with the matter. This move comes
Asia investor optimism dwindles on US policy uncertainty, China’s struggles- BofA
Investing.com– Investor sentiment in Asia has dampened as markets seek clarity on Donald Trump’s administration policies and navigate China’s uneven economic recovery, according to Bank of America’s (BofA) latest Asia Fund Manager Survey. Conducted from January 10-16, 2025, the survey gathered
Indonesia fines Google $12 million for unfair business practices
JAKARTA (Reuters) – Indonesia’s antitrust agency on Tuesday ordered Google to pay fines about 202 billion rupiah ($12.37 million) for unfair business practices related to its payment system services for Google Play Store, its software distribution platform. The agency launched an
Microsoft relaxes data center grip on OpenAI amid $500 billion joint venture
By Stephen Nellis and Krystal Hu (Reuters) – Microsoft (NASDAQ:MSFT) on Tuesday said it has changed some key terms of a deal with OpenAI after the ChatGPT creator announced a joint venture with Oracle (NYSE:ORCL) and Japan’s SoftBank (TYO:9984) Group to