After more than a decade of leaving Big Tech largely to itself, US antitrust enforcers have cranked up the heat, with several high-profile cases underway that could radically change the way the industry's giants do business.Launched under both the Trump and Biden administrations, five major cases from the Federal Trade Commission (FTC) and the Department of Justice (DOJ) are moving forward against major US technology companies -- including two against Google that could see the company split...
IIT alumni and veteran investors Ruchira Shukla and Karthik Chandrasekar have launched Synapses, a venture capital firm aiming to invest in climate tech and health tech startups.While Shukla earlier led South Asia investments for World Bank Group’s International Finance Corporation (IFC), Chandrasekar had founded early-stage climate fund Sangam, backed by Shell Foundation and USAID.With a fund size of $125 million (about Rs 1,040 crore), Synapses aims to support science, technology, engineering...
Women's participation in technology roles in non-tech businesses is expected to grow by nearly a quarter by 2027 across all levels, including freshers, junior, mid-senior, leadership, and C-Suite levels, a report said on Wednesday. The tech women's participation rate in non-tech industries stood at 19.4 lakh workforce in 2023, which is expected to grow by 24.3% to 24.1 lakh employees by 2027, TeamLease Digital's report - Women at the Heart of India's Digital Evolution, has revealed. With only...
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Volkswagen partnered with Brazilian IoT start-up Taggen Industries and Services to pilot technologies it believes could transform its production of commercial vehicles in the country by boosting warehouse management.
Venture-capital investment in deep tech has doubled over the last decade. This article details deep-tech trends to watch, such as biotech and AI semiconductors.
State governments have been advised to invest in technology to reduce the rate of unemployment in the country. According to the National Bureau of Statistics in its Labour Force Survey released in February 2024, Nigeria’s unemployment rate surged to 5.0 per cent in the third quarter of 2023 from 4.2 per cent in the previous Read More
China has extended its manufacturing domination to clean energy industries in recent years, alongside a global push for climate change action, but that is starting to worry the United States, Europe and others. Washington is especially concerned about "overcapacity", where Chinese subsidies to industries such as solar, electric vehicles and
Will the U.S. pass a TikTok Ban? The House voted to either block the app or
The job cuts continue at Google and Rivian as both companies further trimmed their workforces Wednesday, part of a larger trend of layoffs in the tech industry this year. Google laid off an unspecified number of workers, though the cuts were not company-wide. The company classified them as a reorganization that was part of the normal course of business. Affected employees will be able to apply for internal roles. Google did not confirm or deny a report from Business Insider that teams in...
The tech-wide reckoning that began in 2022 and ran throughout into 2023 has continued into this year. And while 2024’s losses are not at that scale, they’re still significant, driven by big names like Pixar, Google, Microsoft, Mozilla and TikTok. It remains to be seen if this year’s layoff trends follow last year’s, in which layoffs […] © 2024 TechCrunch. All rights reserved. For personal use only.