Telcos’ 25% Hike in SMS Tariffs: A Short-Sighted Move Hurting Global Firms
In a surprising move, telecommunications companies have recently announced a 25% increase in SMS tariffs for global giants like Amazon and Meta. This decision has sent shockwaves through the business community, raising concerns about the long-term implications for both the telecom industry and these multinational corporations. While telcos argue that the tariff hike is necessary…
Monika Gola
NOKIA Logo Changes For The First Time In 60 Years
The iconic logo that has been associated with the telecom brand Nokia has changed for the first time in a span of 60 years. This advancement marks the beginning of a new era of changes, transitions, and developments. The new logo by the company was unveiled on Sunday, making a big buzz regarding this landmark…
Roopa
Google India Fires Hundreds Of Employees: CEO Writes
Tech giant Google reportedly terminated 453 employees across various departments in India late at night on Thursday. The employees were informed about the termination via mail that Country Head and Vice President Sanjay Gupta sent. Last month Alphabet Inc, the parent company of Google, announced that it would bring 12,000 employees or 6 per cent…
Amazon, Flipkart Get Notice For Selling Unlicensed Drugs
Including Amazon and Flipkart, the Drug Controller General Of India (DCGI) has issued a notice to 20 online sellers for selling drugs without a license. The notice stated the DCGI had forwarded the order to all state and Union Territories in May, then in November 2019, and again on February 3 for necessary actions and…
Shipra Prajapati
Microsoft & Amazon To Cut-Off Combined 25,000 Jobs
On Wednesday, Microsoft (a tech giant) announced the layoffs of its 10,000 employees which covers 5% of its workforce. This decision of Microsoft comes after the fresh round of Amazon’s layoffs which includes 18,000 job cuts. After the pandemic, the tech industry went through difficult times that resulted in massive layoffs in companies like Meta,…
Apple’s Market Value Fall Below $2 Trillion In A Year
Apple’s market value dropped by $1 trillion and fell under $2 trillion during the first trading session in 2023 for the first time since 2021 in one year. It happened just after the day the company became the first Public Tech Company valued at $3 trillion. Share of Apple ended on Tuesday somewhere around 4%…
Sheldon
Amazon To Call-off Food Delivery Business In India Soon
Amazon is to shut down its food delivery services in India from December 29, the eCommerce giant announced on Friday. The company announced this after the winding down of its online learning platform for high-school students in the country. “As part of our annual operating planning review process, we have made the decision to discontinue…
Jeff Bezos Success Story: An Inspiration for Beginners
When you think about online shopping, what is the first name that comes to your mind? Probably Amazon ━ One of the oldest eCommerce platforms. Have you ever wondered what if it was never found? We actually miss something revolutionary. All thanks to Jeff Bezos ━ the founder of Amazon. Look into Jeff Bezos success…
Telcos And Tech Firms Are Clashing On 5G Private Networks
The clash between India’s leading telecoms and the forum of tech companies (Broadband India Forum) has stepped up on the issue of direct 5G spectrum allocation to corporations. Tech corporations have discarded a significant claim of telecom companies that the start of private 5G networks would swindle the precious enterprise service revenues and destroy the…
Samara Capital To Invest ₹ 7k Cr In FRL, Amazon Confirms
Amazon has written to Future Retail for financial concerns. The proposal includes Amazon-backed private equity firm Samara Capital and FRL, in which Samara Capital retains its interest in investing Rs. 7k Crore for buying all retail assets, according to the sources. Amazon has reached independent directors of FRL, including Gagan Singh, Ravindra Dhariwal, and Jacob…
John David