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New growth markets for IT firms; Stride Ventures closes third fund - Vimarsana News

New growth markets for IT firms; Stride Ventures closes third fund

Indian IT firms are seeing rapid growth in new geographies amid a slowdown in their established North American market. More on this in todays ETtech Top 5.

World Street | Microsoft data breach, Morgan Stanley faces probe, Apple's Mac overhaul plan, Ark's investment in OpenAI and more - Vimarsana News

World Street | Microsoft data breach, Morgan Stanley faces probe, Apple's Mac overhaul plan, Ark's investment in OpenAI and more

From Russian hackers breaching Microsoft, Amazon's cost-cutting, Apple Mac overhaul plan to Ark's investment in OpenAI, here's a look at the latest business developments from around the world

Amazon CEO Jassy's cost cuts produce biggest profit beat since 2020 - Vimarsana News

Amazon CEO Jassy's cost cuts produce biggest profit beat since 2020

Amazon reported earnings that blew past estimates on Thursday, showing just how far the company's cost cuts have gone to bolster profitability.

Source: cnbc.com
Jeff Bezos Steps Down As Amazon CEO, Who Will Take Over? - Vimarsana News

Jeff Bezos Steps Down As Amazon CEO, Who Will Take Over?

Jeff Bezos Steps Down As Amazon CEO, Who Will Take Over? Feb 03, 2021, 11:04 IST Jeff Bezos will step down from the position of Amazon’s CEO. Bezos announced that he will step down from the CEO’s position and instead take on the role of Executive Chairman. Bezos announced that he wishes to focus on other projects as well and the position of Executive Chairman will help him in doing that. Replacing Bezos will be another one of Amazon biggie, Andy Jassy. Bezos sent an email to all the employees in which he wrote, "As Executive Chairman, I will stay engaged in important Amazon initiat...

Source: sakshi.com