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Oracle layoffs: Cuts 10% of workforce to invest in AI

India, Aug. 20 -- Oracle has begun a new round of layoffs, reducing its workforce in several key regions. The job cuts, which affect various departments, are part of a larger restructuring effort to f... Read More


Databricks valuation exceeds USD 100 billion after latest funding round

India, Aug. 20 -- Databricks, the company founded by the original creators of Apache Spark, announced it has signed a term sheet for a Series K funding round that values the company at over USD 100 bi... Read More


Infosys rewards 80% bonus to employees after strong Q1 performance

India, Aug. 20 -- Infosys has announced an average performance bonus of 80% for its eligible employees for the first quarter of the financial year 2025-26 (Q1FY26). The payout will be processed with A... Read More


AI and Upskilling: Revolutionising targeted training and efficient delivery

India, Aug. 20 -- The trend in the current rapidly changing digital environment is the need of organisations to maintain an adaptive and skilled workforce. The conventional training approaches usually... Read More


India's first compound semiconductor wafer fab gets approval

India, Aug. 20 -- Recently, the Indian government announced the approval of four new semiconductor projects under the India Semiconductor Mission (ISM), raising the total number of ISM projects from s... Read More


Intel gets twin lifelines: SoftBank's $2bn backing, and potential 10% stake from US government

India, Aug. 20 -- After CEO Lip-Bu Tan met with President Donald Trump last week, Intel seems to be getting some breathing air amid struggles, as the chipmaker scored a $2 billion boost from SoftBank,... Read More


Decoding SoftBank's Intel gamble: Son's bold move to connect ARM and chip manufacturing

India, Aug. 20 -- As SoftBank unveiled a $2 billion Intel investment Monday, the Financial Times reported that prior talks between founder Masayoshi Son and Intel CEO Lip-Bu Tan explored ways to back ... Read More


China unveils its first commercial electron beam lithography machine

India, Aug. 20 -- On August 13, China's first domestically developed commercial electron beam lithography machine, Xizhi, was officially unveiled in Yuhang, Zhejiang. According to Hangzhou Government... Read More


Gaming demand to drive 86% YoY growth in OLED monitor shipments in 2025

India, Aug. 20 -- TrendForce's latest investigations show that robust gaming demand, coupled with aggressive promotion from brands and panel makers, will boost OLED monitor shipments across all region... Read More


Unlocking AI's true potential: The blueprint for enterprise-wide adoption

India, Aug. 20 -- AI is no longer a future ambition; it is a present imperative. Yet, while many organisations are eager to embrace its transformative potential, few have successfully moved beyond exp... Read More