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"He collected our passbooks in September": Odisha postmaster allegedly siphons Rs 50 lakh from depositors

A postmaster in Odisha's Jajpur district has disappeared after allegedly stealing around Rs 50 lakh…

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Gaming giant Take-Two is in talks to sell its Chartboost adtech division

Take-Two picked up Chartboost through its $12.7 billion acquisition of mobile gaming company Zynga …

Lara O'Reilly   


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Walt Disney forms new AI and mixed reality division, will also oversee potential risks

Disney has created a new Office of Technology Enablement to spearhead the integration of AI and mix…

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Netflix's new gaming chief shakes up the division with a hire from Epic and layoffs

Netflix's new games president, Alain Tascan, appointed Jeet Shroff in a VP role. The company also c…

Lucia Moses   


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The executive in charge of the division that has 2 astronauts stuck in space is leaving Boeing

Ted Colbert, the head of Boeing's defense, space, and security division is leaving the company effe…

Katherine Tangalakis-Lippert   


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Vista Outdoor agrees deal to sell its ammunition and sporting goods divisions for $3.4 billion

Vista announced its plan to split into two divisions in 2022. Its stock price has risen by around 3…

Rebecca Rommen   


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Rise in cess, surcharge shrinking states' share in divisive pool of taxes: Kerala CM

Vijayan was speaking at a conclave of five non-BJP-ruled states organised by Kerala to discuss the …

PTI   


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Microsoft job cuts continue, company lays off hundreds of employees in Xbox gaming division

Microsoft has announced layoffs in its Xbox gaming division, affecting corporate and support roles.…

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5 mins read

India's population to peak in early 2060s to 1.7 billion before declining: UN

According to the report, India's population in 2024 is projected at 1.45 billion and this will peak…

PTI   


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Microsoft is reportedly axing 650 jobs in its Xbox games division — less than a year after closing its Activision deal

Microsoft is laying off 650 employees in its Xbox games division, following previous layoffs and st…

Jyoti Mann   


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Wizz Air and Ryanair, 2 of Europe's biggest airlines, are in a war of words over Wizz's divisive new 'all you can fly' deal

Ryanair's CEO said Wizz Air's unlimited flights pass was a "marketing scam," which a Wizz executive…

Pete Syme   


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Amazon is laying off hundreds of employees in its cloud division 


The latest round of cuts will impact Amazon Web Services staffers, internal emails obtained by Busi…

Jyoti Mann   


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6 mins read

Americans ditch suffocating healthcare costs and divisive politics to retire in Italy: 'It's the way they approach life'

The rising cost of healthcare and housing is driving some Americans to retire in Italy, where they …

Lauren Edmonds   


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The new boss of Boeing's commercial airplanes division is a third-generation employee

Stephanie Pope has worked for Boeing for almost 30 years in a variety of senior roles, most recentl…

Jordan Hart   


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Mahindra wholesales rise 24% in February at 72,923 units

Mahindra & Mahindra on Friday said its total sales increased 24 per cent to 72,923 units in Februar…

PTI   


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Meta names four men to a new tech advisory council, months after disbanding its Responsible AI division

The new council is reminiscent of Meta's Responsible AI division, a group in charge of regulating t…

Shubhangi Goel   


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2 mins read

Elon Musk seems to have decided he needs his Supercharger team after all, weeks after axing the division

Musk is reported to be bringing back Tesla's charging director for North America, just two weeks af…

Kwan Wei Kevin Tan   


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4 mins read

Pandemic speed bump still haunts infra projects even as gears shift

As many as 848 of India’s top 1,820 infrastructure projects are facing delays, says data by Infrast…

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The Citigroup division beset by sexual-harassment claims was also the worst performer among big banks

A Bloomberg report has new details about Citigroup's equities division's toxic culture. A lawsuit f…

Lakshmi Varanasi   


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Kwan Wei Kevin Tan