TECHNOLOGY
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Intel slashes employee, executive pay amid PC market downturn
The reductions will range from 5% of base pay for mid-level employees to as much as 25% for chief executive Pat Gelsinger, while the company's...
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Payments firm PayPal to lay off 7% of its workforce to cut costs
The payments firm also joins Big Tech firms and Wall Street titans, which are executing layoffs across corporate America as companies look to...
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Flipkart Esop Sale: Big payday for PhonePe founders Sameer Nigam, Rahul Chari
Cofounders to receive $20-25 m each by liquidating stock options in erstwhile parent
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MoU sees X-energy, Alberta grow their SMR relationship
X-Energy Canada and Invest Alberta Corporation have signed a memorandum of understanding to develop economic opportunities supporting the potential...
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SoftBank ex-COO to lead Chinese phenom Shein’s Latam drive
Claure, once a lieutenant to SoftBank founder Masayoshi Son, will lead the region’s operations, according to a statement Tuesday. The former...
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Second Belgian reactor enters retirement
Unit 2 of the Tihange nuclear power plant in Belgium has been permanently shut down after 40 years of operation. The 1008 MWe (net) pressurised...
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Economic Survey flags regulatory challenges from new technologies
The document highlighted India’s digital journey in the public infrastructure space that started with Aadhaar as a medium for service delivery...
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Economic Survey 2023 calls for simpler tax rules to bring startups back to India
To enable reverse flipping, the Economic Survey called for simplifying tax structure to reduce multiple layers of tax and tax litigations,...