X’s balance sheet is also showing signs strengthening, with cash on hand increasing significantly from range $120 million to $320 million during year through January to nearly $1.1 billion currently
Tag: Technology
Google’s grip loosens: Is AI the search disruptor?
Tools like ChatGPT and Perplexity are already changing how users navigate the web, challenging Google’s algorithmic dominance.
EU slaps $800 million in fines on Apple and Meta over digital market violations
Joel Kaplan, Meta’s chief global affairs officer, accused the European Commission of singling out American firms. He said the Commission was “attempting to handicap successful American businesses while allowing Chinese and European companies to operate under different standards.”
Instagram co-founder testifies Zuckerberg feared app’s success, leading to resource starvation
Kevin Systrom highlighted the stark disparity in employee numbers, noting that while Instagram had amassed a billion users, roughly 40% of Facebook’s user base at the time, it operated with a lean team of just 1,000 employees compared to Facebook’s massive 35,000.
AI-led efficiency to be biggest theme to capture large deals in FY2026: HCLTech CEO
HCLTech’s revenue from operation increased by 6% to Rs 30,246 crore in Q4 FY25 compared to Rs 28,499 crore in the corresponding quarter last fiscal
NCLAT allows Google to redact confidential data from play store billing judgment
The NCLAT’s decision follows its partial upholding last month of the Competition Commission of India (CCI)’s findings that Google had abused its dominant position through its Play Store billing policies.
Behind the Speed: Ad fraud in quick commerce could cost brands up to Rs 1000 crore
As quick commerce platforms gain traction, brands’ ad spends have soared past Rs 3,500 crore a year. But hidden beneath the convenience and speed lies a growing concern – ad fraud is bleeding budgets, skewing data, and eroding trust.
Google’s cost-cutting drive leads to layoffs in Android, Pixel, and Chrome teams: Report
The latest layoff is part of the company’s restructuring effort that began last year when Google merged Android and Chrome teams under the Pixel and Devices group
Digital begging: How TikTok makes money from child begging
Children in some of the world’s poorest regions turn to TikTok Live for help, but behind the scenes, a troubling cycle of exploitation and profit emerges.
Satya Nadella on Microsoft’s 50 years: “Intelligence has been commoditized when CEOs can start vibe coding”
In a heartfelt address, Microsoft CEO Satya Nadella marks the company’s milestone anniversary and reveals the next wave of AI-driven transformation.