Now, the CEOs of those companies are set to testify before lawmakers on Wednesday in the biggest hearing of its kind since Microsoft’s Bill Gates went to Washington in 1998. While most of the executives have appeared before Congress previously, they’ve never faced a situation quite like this one. All four will testify alongside one … Read more
Reliance Industries’ (RIL) shares, which have been leading the rally in benchmark indices recently, were downgraded by two prominent brokerages on Tuesday. Edelweiss downgraded the stock to ‘hold’ with a target price of Rs 2,105 while CLSA downgraded it to ‘buy’ from ‘outperform’ while raising the target price to Rs 2,250 to factor in high … Read more
CANBERRA: Australia’s consumer watchdog launched court action against Google on Monday alleging the technology giant misled account holders about its use of their personal data. The Australian Competition and Consumer Commission’s action in the Federal Court is the latest litigation Google has faced around the world over allegations of privacy breaches. The commission alleges the … Read more
By Nikhil PahwaIt’s 2025, and for seven years, you’ve been running a company at the forefront of innovation in healthcare. Millions have bought your fitness trackers, and used them to measure their heart rate, body temperature, sleep patterns, physical activity, blood pressure, dietary habits and nutrition intake, apart from also storing their medical reportswith you.Your … Read more
Mukesh Ambani has taken Reliance from oil to omnipresenceWith disciplined execution, Mukesh Ambani has turned Reliance Industries from a petrochemicals business into a digital behemoth designed to meet every consumer need. This last decade has changed things so dramatically for RIL that as a consumer you just couldn’t avoid Reliance. Source link
MUMBAI: As India introduced an equalisation levy at 2%, many companies may be staring at the possibility of double taxation on digital transactions such as buying software or equipment. Currently, many of them pay a 10% royalty withholding tax on purchases from multinationals located outside India. India has brought in new regulation effective April 1 … Read more
Greater investment in infrastructure through adding more data centres in India and giving a major push to the app ecosystem were some of the steps Google could undertake in India. Sources told ET that the PM might have virtual meetings with global leaders in the days and weeks to come. Source link
HONG KONG: TikTok said Tuesday it will stop operations in Hong Kong, joining other social media companies in warily eyeing ramifications of a sweeping national security law that took effect last week. The short-form video app’s planned departure from Hong Kong comes as various social media platforms and messaging apps including Facebook, WhatsApp, Telegram, Google … Read more