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"Not Above The Law": Apple Watch Models Face US Import Ban
Medical technology company Masimo Corp. on Thursday said a US trade commission has recommended banning imports of Apple Watch models that infringe its light technology for detecting blood oxygen levels.
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Microsoft, Amazon, Other Tech Firms Cut Jobs at Second-Highest Pace on Record in US
Layoffs in the United States hit a more than two-year high in January as technology firms cut jobs at the second-highest pace on record to brace for a possible recession, a report showed on Thursday. The layoffs impacted 1,02,943 workers, a more than two-fold jump from December and an over five-times surge from a year earlier, according to the repo...
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L&T Infotech, Mindtree Announce Merger; Combined Unit To Be Called "LTIMindtree"
The Boards of Directors of L&T Infotech and Mindtree on Friday approved a merger of the two independently listed information technology (IT) services companies under the Larsen & Toubro Group.
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Chinese Professor Defies Odds On Way to $3.4 Billion Fortune
Just weeks after the U.S. placed a unit of SenseTime Group Inc. on a blacklist for alleged human rights violations, the firm is about to make founder Tang Xiao'ou one of the world's richest people.
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Oppo Set to Unveil MariSilicon X NPU, Smart Glasses at Inno Day 2021
Oppo will showcase its first Neural Processing Unit (NPU), smart glasses, and several other technologies including a retractable smartphone camera at the upcoming Oppo Inno Day 2021. The event is scheduled to take place on December 14 and December 15 in Shenzhen, China. The Chinese company may also launch a foldable smartphone.
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HCL Tech To Expand Investment In United Kingdom, Hire 1,000 Professionals
HCL Technologies plans to hire these professionals in fields of digital transformation, cloud, artificial intelligence and cybersecurity for its London, Greater London and Manchester offices
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SMIC Asks for US Approval to Continue Supplying Huawei: Report
China's Semiconductor Manufacturing International Corporation (SMIC) has asked for approval from the United States to continue supplying Huawei Technologies Co Ltd, state media outlet Beijing News reported on Tuesday, citing the company.
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Amazon to Hire 100,000 More Workers in the US in Its Latest Job Spree This Year
Amazon.com on Monday said it is recruiting 100,000 more workers - the fourth hiring spree it has announced for the United States this year - to keep pace with e-commerce demand that jumped during the pandemic
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Slowdown Blues: Now Bosch Trims Workforce To Tackle Lingering Auto Sales
Bosch plans to cut "a couple of thousand" jobs in India over the next four years, its India managing director Soumitra Bhattacharya told news agency Bloomberg. The job cuts by Bosch - the Indian unit of the world's largest auto-parts supplier Robert Bosch GmbH - will add to thousands of job cuts in India's auto industry, which is struggling against...
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IndiGo Close To New Engine Deal, May Drop Pratt & Whitney: Report
IndiGo has an order book of 430 Airbus planes of the A320neo family, of which the first 150 aircraft were to be powered by engines from United Technologies Corp's Pratt & Whitney.
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IL&FS Initiates Process To Sell Education, Alternative Investment Management Units
IL&FS has invited Expression of Interest proposals for sale of stakes in IL&FS Education & Technology Services Limited, along with other subsidiaries.
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Schaeffler Dissolves Bearing Component Unit To Streamline Structures
Schaeffler AG has decided to realign the Industrial division and add a third corporate division, Automotive Aftermarket. The Bearing Components & Technologies unit will be dissolved and all Schaeffler plants without a divisional allocation will become part of either the Automotive OEM or Industrial division.
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Reliance Industries Plans Major Expansion At World's Largest Oil Refinery Complex: Report
Reliance Industries made the presentation to the Center for High Technology (CHT), a unit of the Ministry of Petroleum and Natural Gas that evaluates projects and assesses their technological requirements.
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United Tech To Buy Rockwell Collins For $30 Billion
The price represents a 17.6 per cent premium to Rockwell's $119 share price before news of the talks emerged on August 4.
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Wipro Shuts Down Lighting Manufacturing Unit At Mysuru
Wipro Consumer Care and Lighting said the changing market and technology landscape in the lighting business marked by a sharp decline in the demand for CFL products.
-
"Not Above The Law": Apple Watch Models Face US Import Ban
Medical technology company Masimo Corp. on Thursday said a US trade commission has recommended banning imports of Apple Watch models that infringe its light technology for detecting blood oxygen levels.
-
Microsoft, Amazon, Other Tech Firms Cut Jobs at Second-Highest Pace on Record in US
Layoffs in the United States hit a more than two-year high in January as technology firms cut jobs at the second-highest pace on record to brace for a possible recession, a report showed on Thursday. The layoffs impacted 1,02,943 workers, a more than two-fold jump from December and an over five-times surge from a year earlier, according to the repo...
-
L&T Infotech, Mindtree Announce Merger; Combined Unit To Be Called "LTIMindtree"
The Boards of Directors of L&T Infotech and Mindtree on Friday approved a merger of the two independently listed information technology (IT) services companies under the Larsen & Toubro Group.
-
Chinese Professor Defies Odds On Way to $3.4 Billion Fortune
Just weeks after the U.S. placed a unit of SenseTime Group Inc. on a blacklist for alleged human rights violations, the firm is about to make founder Tang Xiao'ou one of the world's richest people.
-
Oppo Set to Unveil MariSilicon X NPU, Smart Glasses at Inno Day 2021
Oppo will showcase its first Neural Processing Unit (NPU), smart glasses, and several other technologies including a retractable smartphone camera at the upcoming Oppo Inno Day 2021. The event is scheduled to take place on December 14 and December 15 in Shenzhen, China. The Chinese company may also launch a foldable smartphone.
-
HCL Tech To Expand Investment In United Kingdom, Hire 1,000 Professionals
HCL Technologies plans to hire these professionals in fields of digital transformation, cloud, artificial intelligence and cybersecurity for its London, Greater London and Manchester offices
-
SMIC Asks for US Approval to Continue Supplying Huawei: Report
China's Semiconductor Manufacturing International Corporation (SMIC) has asked for approval from the United States to continue supplying Huawei Technologies Co Ltd, state media outlet Beijing News reported on Tuesday, citing the company.
-
Amazon to Hire 100,000 More Workers in the US in Its Latest Job Spree This Year
Amazon.com on Monday said it is recruiting 100,000 more workers - the fourth hiring spree it has announced for the United States this year - to keep pace with e-commerce demand that jumped during the pandemic
-
Slowdown Blues: Now Bosch Trims Workforce To Tackle Lingering Auto Sales
Bosch plans to cut "a couple of thousand" jobs in India over the next four years, its India managing director Soumitra Bhattacharya told news agency Bloomberg. The job cuts by Bosch - the Indian unit of the world's largest auto-parts supplier Robert Bosch GmbH - will add to thousands of job cuts in India's auto industry, which is struggling against...
-
IndiGo Close To New Engine Deal, May Drop Pratt & Whitney: Report
IndiGo has an order book of 430 Airbus planes of the A320neo family, of which the first 150 aircraft were to be powered by engines from United Technologies Corp's Pratt & Whitney.
-
IL&FS Initiates Process To Sell Education, Alternative Investment Management Units
IL&FS has invited Expression of Interest proposals for sale of stakes in IL&FS Education & Technology Services Limited, along with other subsidiaries.
-
Schaeffler Dissolves Bearing Component Unit To Streamline Structures
Schaeffler AG has decided to realign the Industrial division and add a third corporate division, Automotive Aftermarket. The Bearing Components & Technologies unit will be dissolved and all Schaeffler plants without a divisional allocation will become part of either the Automotive OEM or Industrial division.
-
Reliance Industries Plans Major Expansion At World's Largest Oil Refinery Complex: Report
Reliance Industries made the presentation to the Center for High Technology (CHT), a unit of the Ministry of Petroleum and Natural Gas that evaluates projects and assesses their technological requirements.
-
United Tech To Buy Rockwell Collins For $30 Billion
The price represents a 17.6 per cent premium to Rockwell's $119 share price before news of the talks emerged on August 4.
-
Wipro Shuts Down Lighting Manufacturing Unit At Mysuru
Wipro Consumer Care and Lighting said the changing market and technology landscape in the lighting business marked by a sharp decline in the demand for CFL products.
