Business

NEW DELHI, (IANS) - Indian American Raja Koduri, head of Intel's Accelerated Computing Systems and Graphics Group, has quit the chip-making major to form his own generative artificial intelligence startup. In a tweet, Koduri said he will embark on a new

SAN FRANCISCO, CA - Global professional services company Accenture on March 21 said it is acquiring industrial artificial intelligence company Flutura for an undisclosed sum. Bengaluru-headquartered Flutura will strengthen Accenture's industrial AI services to increase the performance of plants, refineries, and

NEW DELHI, (IANS) - The shares of FedEx Corp, led by CEO Raj Subramaniam, jumped the most in nine months beating Wall Street's earnings estimate in the third quarter. The upswing came after the company boosted its profit outlook, signaling efforts

TAMPA, FL (IANS) - IT major Wipro has laid off at least 120 employees in T Florida, due to a "realignment of business needs."The company detailed the layoffs in a Worker Adjustment and Retraining Notification notice filed with the Florida

MUMBAI, (IANS) - The Mumbai Indians, owned by the Ambanis, on March 19, announced the acquisition of the New York franchise in Major League Cricket, the upcoming T20 league in the US. They now own a cricket franchise in three

NEW DELHI (IANS) - Indian startups have withdrawn up to $300 million from the collapsed Silicon Valley Bank (SVB) after the Joe Biden government in the US allowed depositors to withdraw their funds from March 13, the media reported.The Financial Express

NEW DELHI, (IANS) - US-based consumer tech conglomerate Honeywell on March 14 announced that Vimal Kapur, President, and Chief Operating Officer, will succeed Darius Adamczyk as CEO on June 1. Having graduated from the Thapar Institute of Engineering in Punjab's Patiala

NEW DELHI, (IANS) - India-US bilateral goods and services trade has nearly doubled since 2014, surpassing $191 billion recorded in 2022. This was acknowledged by Commerce Minister Piyush Goyal and US Commerce Secretary Gina Raimondo on March 10 during the

HYDERABAD, (IANS) - Global defense aerospace player Lockheed Martin and India’s Tata Group have inked an agreement to produce fighter plane wings at their joint venture Tata Lockheed Martin Aerostructures Ltd here. According to Lockheed Martin, the Memorandum of Understanding envisions

By Priyanka Jain NEW DELHI, (IANS) - Although there has been significant progress, cultural and societal norms still hurt the proportion of women in leadership roles. Less representation at the board and executive levels create unique challenges for women. This is

WASHINGTON, DC (ANI) - Two Indian Americans Punit Renjen, Rajesh Subramaniam will be members of US President Joe Biden's Export Council, a White House press release said on February 28. The President's Export Council serves as the principal national advisory committee

CNET NEW DELHI, (IANS) - Google-owned YouTube's new boss Neal Mohan on March 1 wrote his first letter to creators, supporting their success and helping them make more money, along with building for the YouTube of the future. Mohan, who replaced YouTube's

SAN FRANCISCO, CA (IANS) - Reliance Retail announced the opening of the first freestanding Gap store in India in Mumbai's Infiniti Mall, Malad. After opening over 50 Gap shop-in-shops since last year, Reliance Retail has now initiated the second phase of

NEW DELHI, (IANS) - India has slipped to the 43rd spot in the US Chamber of Commerce's latest International Intellectual Property Rights index. India is ranked 43rd out of 55 countries for 2022. It was ranked 40th in the index in

San Francisco, (IANS) Monday, in response to Meta's introduction of the new paid verification for Facebook and Instagram, Twitter CEO Elon Musk said it was "inevitable." Facebook CEO Mark Zuckerberg has copied Twitter by charging $12 per month to get verified

San Francisco, (IANS) WhatsApp, a messaging service owned by Meta, is working to bring communities into its WhatsApp Business app for Android. According to WABetaInfo, the platform is  unlikely to remove the business tab that was introduced last year. Instead, it may

San Francisco, (IANS) The mixed reality (MR) headset from tech giant Apple is expected to be unveiled at this year's Worldwide Developers Conference (WWDC). Bloomberg's Mark Gurman tweeted on Thursday that Apple had delayed the planned unveiling of its mixed-reality headset

San Francisco (IANS) Ford is planning a new $3.5 billion EV battery plant in Marshall, Michigan, United States. The company will reveal the factory early next week in partnership with China's Contemporary Amperex Technology (CATL). As per the Automotive News. The CATL

San Francisco (IANS) Clay Bavor, Google's vice president of labs, has announced his departure from the company next month to co-found a new artificial intelligence (AI) company with Salesforce's former co-CEO, Bret Taylor. Bavor announced in a LinkedIn post. "Bret and

San Francisco (IANS) E-commerce giant eBay has announced the layoff of around 500 employees, or approximately 4% of its global workforce, citing the macroeconomic situation. eBay's CEO Jamie Iannone made the announcement of the layoffs on Tuesday in a memo to

By ARUL LOUIS NEW YORK, NY (IANS) - The massive tech sector layoffs in big-name companies may have set off a wave of panic, but large-scale job cuts have been cyclical, dictated by the changing economic scenario. Also, the big company jobs

SAN FRANCISCO, CA (IANS) - As tech companies continue to slash jobs, the demand for tech positions has not diminished in the US, with eight of the top 10 "best jobs" this year being technology roles. According to data by the

NEW YORK, NY (IANS) - Raj Subramaniam, President & CEO of FedEx Corporation, has won the 2023 Horatio Alger Award. The award is given to "esteemed individuals" who overcome adversity to achieve professional and personal success. Subramaniam, 54, joins 13 exceptional

CHENNAI, (IANS) - Global aircraft and helicopter engine manufacturer Pratt & Whitney, part of the Raytheon Technologies' group, on January 19 officially opened the doors to its new India Engineering Centre in Bengaluru. More than 50 employees are now based in

NEW YORK, NY (IANS) - India is projected to become the third-largest contributor to global real gross domestic product growth over the next decade, behind only China and the US, according to a new S&P Global Market Intelligence research titled

MOUTAIN VIEW, CA (IANS) - Alphabet and Google CEO Sundar Pichai on January 20 said that he is "deeply sorry" for reducing the workforce by approximately 12,000 roles and takes "full responsibility for the decisions that led us here". In an

SAN FRANCISCO, CA (IANS) - Microsoft Chairman and CEO Satya Nadella on January 18 said that the company will be "making changes that will result in the reduction of our overall workforce by 10,000 jobs through the end of FY23

NEW YORK, NY (IANS) - As global investment bank Goldman Sachs begins job cuts that are expected to affect 3,200 employees or about 6.5 percent of its workforce, affected employees have started looking for new jobs on LinkedIn, and among

SAN FRANCISCO, CA (IANS) - As more companies, especially in the tech sector, lay off thousands in New Year, Microsoft-owned LinkedIn has become a go-to platform for those who have been sacked, with some affected users forming groups to provide

WASHINGTON, DC (IANS) - Commerce and Industry Minister Piyush Goyal will embark on an official visit to New York and Washington DC from January 9 to 22 to participate in India-US Trade Policy Forum. In the first leg of the visit,

WASHINGTON, DC (IANS) - US unemployment numbers have dipped to a 50-year low in the month of December, in the surest sign of economic recovery from the debilitating impact of the Covid-19 pandemic and, more recently, the global oil price

SAN FRANCISCO, CA (IANS) - As thousands of techies continue to lose jobs at Big Tech companies amid recession fears, most of them are finding it difficult to get jobs, as there is a freeze on new hirings at nearly

Photo: shondaland.com India-West News Desk NEW YORK, NY – Mala Gaonkar has joined the list of Indian Americans making waves, with the biggest-ever launch of a hedge fund led by a woman. On January 4, her SurgoCap Partners started trading with $1.8

BENGALURU, (IANS) - As India embarks on its digital journey with full steam, Microsoft wishes to move in and provide every part of its tech stack to the country and its innovators, to help it become the $1 trillion digital

MUMBAI, (IANS) - Cloud will be foundational to scaling India's digital journey and Microsoft is innovating across the tech stack to support the country's ecosystem of developers, startups, and companies across every industry, the company's Chairman and CEO Satya Nadella

WASHINGTON, DC (IANS) - International Monetary Fund (IMF) chief Kristalina Georgieva has warned that a third of the global economy will be in recession this year and 2023 will be "tougher" than 2022 as the US, EU, and China will

SHIMLA, (IANS) - For popularizing and establishing a market in Canada, members of the Himachali Pravasi Global Association met High Commissioner of India to Canada, Sanjay Verma, in Ottawa and discussed promoting handloom, Kangra tea, morel and tourism. In November for

WASHINGTON, DC (ANI) - The US Chamber of Commerce has announced a new leadership team to oversee its operations in New Delhi with Alexander Slater to serve as Managing Director of the US-India Business Council (USIBC) and Shreerupa Mitra will

SAN FRANCISCO, CA (IANS) - In some cheer for those who have lost jobs in the ongoing funding winter and global macro-economic conditions, most laid-off tech employees have landed new jobs within three months of starting their search. The Wall Street

BOSTON, MA (IANS) - Indian American V.A. Shiva Ayyadurai, who "invented email" when he was just 14, has expressed interest in taking up the position of Twitter CEO after Elon Musk said that he wishes to step down from the

India-West News Desk SAN FRANCISCO, CA - Apoorva Mehta, a co-founder and former head of Instacart, has been accused of employing stolen corporate secrets to build a healthcare venture Hello Logistics Inc which functions under the name NextMed has charged him and

NEW DELHI, (IANS) - With Apple ramping up manufacturing in India amid issues in China, the Yamuna Expressway Industrial Development Authority (YEIDA) in Uttar Pradesh said on December 21 that some of Apple suppliers have applied for land with the

WASHINGTON, DC (IANS) - Lina Khan-led US Federal Trade Commission (FTC) grilled Meta Founder and CEO Mark Zuckerberg in a hearing about the company's acquisition of a virtual reality company called Within that owns the popular fitness app 'Supernatural'. Zuckerberg told

TiE Charter Members present the TiE Angels Texas Investment Prize to Team LIDROTEC. India-West Staff Reporter HOUSTON, TX - TiE Angels Texas has completed its investment award to Lidrotec, winner of the 2022 Rice Business Plan Competition.  The investment was included in Lidrotec's

NEW DELHI, (IANS) - Google CEO Sundar Pichai met Prime Minister Narendra Modi on December 19 and pledged support for India's G20 Presidency. "Thank you for a great meeting today PM @narendramodi. Inspiring to see the rapid pace of technological change

NEW DELHI, (IANS) – Air India on December 15 launched the first-ever non-stop flight between Mumbai and San Francisco. Air India will operate the flight three times a week with the newly inducted Boeing 777-200LR aircraft. This will take Air India's

SAN FRANCISCO, CA (IANS) - Google is reportedly bracing for a massive layoff early next year and Alphabet and Google CEO Sundar Pichai has. In a companywide meeting with staff, Pichai said "it's really tough to predict the future, so, unfortunately,

NEW YORK, NY (IANS) - Two Indian Americans are among Money magazine's 50 influential figures from entertainment, media, business, investing, politics, etc., who are shaping Americans' finances. Rohit Chopra, head of the Consumer Financial Protection Bureau and Gaurav Sharma of the

SAN FRANCISCO, CA (IANS) - Elon Musk on December 9 released "Twitter Files" season 2, revealing that there was a secret group that included former legal and public policy head Vijaya Gadde, then CTO Parag Agrawal and Yoel Roth, former

NEW YORK, NY (IANS) - The Federal Reserve Bank of New York has appointed insurance veteran Sushmita Shukla as First Vice President and Chief Operating Officer. As First Vice President, Shukla, 54, will be the institution's second ranking officer. Her appointment was

SAN FRANCISCO, CA (IANS) - Pottery Barn, a portfolio brand of Williams-Sonoma, Inc. the world's largest digital-first, design-led and sustainable home retailer, announced December 9 a global partnership with India’s iconic international celebrity and star, Deepika Padukone. The actor, entrepreneur, and

NEW YORK, NY (IANS) - An Indian American, who lost $2 million after FTX went kaput last month, is taking legal action against the cryptocurrency exchange's founder, according to a report. Delhi-born Evan Singh Luthra, 27, first invested in crypto with

SAN FRANCISCO, CA (IANS) - The Indian American fired by Elon Musk as the head of Twitter's legal affairs is at the center of a censorship controversy following the disclosure of emails and internal communications showing her role in blocking

Photo: www.visitcalifornia.com SAN FRANCISCO, CA (IANS) - Call it ironic, but a Google software engineer, who resigned to take a new job at Amazon, was told by the company that his job offer has been declined, just 3 days ahead of

SAN FRANCISCO, CA (IANS) - Alphabet and Google CEO Sundar Pichai once again reiterated that India is an integral part of him, and he was fortunate to grow up in a family in a country that cherished learning and knowledge. "India

NEW DELHI, (IANS) - Apple is fast-forwarding its manufacturing plans in India and Vietnam in the wake of China unrest over its zero-Covid policy which has severely disrupted its supply chain, leading to an acute shortage of new iPhone 14

India-West Staff Reporter AUBURN HILLS, MI - Technology company Continental has announced that Aruna Anand has been named the new President and Chief Executive Officer of Continental’s Automotive group sector in North America, effective December 1. She will also retain her

BENGALURU, (IANS) - Edtech company Simplilearn has announced that it has acquired a US-based bootcamp education company, Full stack Academy, for an all-cash transaction. The company, however, did not disclose the acquisition amount. The acquisition, said the company, will help it

NEW DELHI, (IANS) - Amid an exercise to wind up certain verticals as part of a global exercise to cut costs, Amazon on November 28 announced it shut down its wholesale distribution business in India. The e-commerce major is discontinuing Amazon

AKRON, OH (IANS) – The Kerala bornAbraham Pannikottu's American Engineering Group (AEG) has received funding from the US Department of Defence to develop and manufacture zero-pressure tires for the US Army. The Ohio-based firm specializes in carbon fiber pressure zero tire

India-West News Desk NEW YORK, NY- The selection of Joe Ucuzoglu as Deloitte Global CEO was announced by the company to replace Punit Renjen, who served in that office since 2015. Upon retirement, Renjen will become Global CEO Emeritus. As CEO, Renjen

NEW YORK, NY (IANS) - Air India on November 23 announced the strengthening and expansion of its global footprint with the launch of new flights connecting Mumbai with New York and other European destinations. This expansion comes as the airline continues

PALO ALTO, CA (IANS) - India with 55,497 requests was once again second only to the US in terms of asking Meta to provide user data in the first half of this year, and the social network restricted access in

SAN FRANCISCO, CA (IANS) - Elon Musk on November 22 greeted his millions of Indian followers with 'Namaste' as he paused blue service with verification again which was scheduled to be launched on November 29. "I am having a great time.

NEW DELHI, (IANS) - As Twitter's new boss Elon Musk has laid off employees in a series of firings, homegrown microblogging platform Koo has offered to hire the affected Twitter employees. Koo co-founder Mayank Bidawatka, in a tweet on November 18,

NEW YORK, NY (IANS) - Two Indian Americans have made it to Fortune's annual '40 Under 40' list, featuring founders, executives, investors, and activists who are shaping business in 2022. Kanav Kariya, President of Jump Crypto and Ankit Gupta, founder and

SAN FRANCISCO, CA (IANS) - Elon Musk has posted a picture with two men who faked being fired from Twitter after his takeover. He shared the picture on Twitter on November 16 night with Rahul Ligma and Daniel Johnson and wrote: "Welcoming back

SAN FRANCISCO, CA (IANS) – Indian American Nishad Singh, is being scrutinized for financial practices that caused the collapse of FTX, one of the world's largest cryptocurrency exchanges. Singh was in the inner circle of FTX's 30-year-old founder, Sam Bankman-Fried. "Gary Wang

AUSTIN, TX (IANS) - In a first, Indian Americans comprised the largest share of international homebuyers in Central Texas, according to a new report recently released by the Austin Board of Realtors. Homebuyers from India comprised the largest share of international

SAN FRANCISCO, CA (IANS) - Lisa Su, President, and CEO of the $23 billion Advanced Micro Devices (AMD), said here that Indian engineers have done substantial work on the new Epyc fourth generation technology revealed on November 10. She said, "There

NEW DELHI (ANI) - Ahead of India's G20 Presidency which is set to begin on December 1, US Treasury Secretary, Janet Yellen on November 11 said that New Delhi is a "natural ally" and stressed that India's G20 year is

SAN FRANCISCO, CA (IANS) - There is no stopping prankster Rahul Lingma, who became a social media sensation after posing as a fired Twitter employee in front of its headquarters. Ligma has now been spotted carrying a box with office stuff

NAPERVILLE, IL (IANS) - Amid the layoff season, tech major TCS on November 10 announced plans to create 1,200 new jobs in the US by the end of 2024. The Indian company will create these jobs in IL, along with accelerating

Mark Zuckerberg has promised immigration advise for “those on visas.” MENLO PARK, CA (IANS) – In one of the worst lay-offs ever in the tech industry, Meta Founder and CEO Mark Zuckerberg on Wednesday sacked more than 11,000 employees -- about

ST CHARLES, IL (IANS) - Global skills and talent development corporation NIIT Ltd of New Delhi, on November 5 announced it has acquired the IL-based St. Charles Consulting Group for $23.4 million. St. Charles Consulting Group is a leading provider of

Photo: Getty Images WASHINGTON, DC (ANI) - "Ever-enlarging size of American adults," along with the lack of personal space on US airplanes may become a safety hazard for Americans, who complain about being crammed, and squeezed into shrinking airplane seats. The US Federal

BENGALURU, (IANS) - Starbucks co-founder Zev Siegl visited Bengaluru's heritage restaurant Vidyarthi Bhavan on the sidelines of the Global Investors' Meet and enjoyed its famous masala dosa and filter coffee. Seigl in his note in the guest book of the eatery

NEW DELHI,(ANI) - Entrepreneur Aman Gupta, Co-founder of Boat Lifestyle and Shark Tank India judge, Aman Gupta said on social media that Harvard is doing a case study on his company. He wrote, "Harvard Nahee Jaa sake to Kya hua

NEW DELHI, (IANS) - For some of the nearly 200-strong Twitter India workforce, November 4 morning came with utter chaos when they lost access to their official emails and internal Slack and group chats, as they became be part of

SAN FRANCISCO, CA - Sriram Krishnan, an Indian American technology executive, is “helping out” Twitter's new owner Elon Musk. Krishnan is a general partner at Silicon Valley venture capital firm Andreessen Horowitz and is on the board of Bitski, Hopin,

NEW YORK, NY - (IANS) Sanjay Mehrotra, the Indian American CEO of Micron Technology, has promised an investment of $100 billion over the next 20 years and the creation of thousands of jobs in NY. In his LinkedIn post, Mehrotra said

SAN FRANCISCO, CA (IANS) - After months of drama played out in the public space, Elon Musk took over Twitter and made his presence known as boss, CEO Parag Agrawal, Chief Financial Officer Ned Segal, and the company's head of

NEW DELHI, (IANS) - Retail giant Walmart is reportedly raising up to $3 billion for its e-commerce giant Flipkart to further expand its operations in the country. With new funds, Flipkart's valuation is set to soar to more than $40 billion,

MOUNTAIN VIEW, CA (IANS) - Alphabet and Google CEO Sundar Pichai on October 24 tweeted a Happy Diwali message, saying he celebrated the festival by watching the final three overs of the India-Pakistan T20 world cup match. In his Twitter post,

PALO ALTO, CA (IANS) - Apple CEO Tim Cook on October 24 tweeted a Diwali image captured by Mumbai-based photographer Apeksha Makar, saying this photo truly depicts what the 'festival of light' is for millions in the country as well

India-West News Desk SAN FRANCISCO, CA - Microsoft Chairman and CEO Satya Nadella on October 20 received the Padma Bhushan, the third-highest civilian award of India here from India's Consul General in San Francisco, T.V. Nagendra Prasad. Nadella met with the Consul

SAN FRANCISCO, CA (IANS) - Tech giant Microsoft has laid off nearly 1,000 employees across multiple divisions of the company, media reports said. According to Axios, the move is yet another example of large tech companies cutting jobs after earlier moving

MUMBAI, (IANS) - The National Basketball Association (NBA) and Reliance Retail Ltd., India's largest retailer with more than 15,800 stores nationwide, on October 12 announced a multiyear collaboration to launch an extensive range of NBA merchandise in India. The collaboration builds

NEW DELHI (IANS) - Vaibhav Balghare on October 9 became a well-known Twitter follower of Elon Musk after the Tesla CEO responded to his tweet about how the electric carmaker caught an employee who leaked trade secrets in 2008. Balghare who

By ARUL LOUIS NEW YORK, NY (IANS) - A case against Infosys by a former recruiter alleging that "to her shock" the tech giant discriminated against Indians, can proceed, a federal judge in New York has ordered. Judge J. Paul Oetken, hearing

NEW DELHI, (IANS) - Citing the deteriorating global scenario, the World Bank on October 6 downgraded India's GDP forecast for the current fiscal to 6.5 percent. In June 2022, it had projected that the Indian economy will grow at a rate

LONDON, (IANS) - JPMorgan has declined to include India in a widely followed bond index until at least next year after investors raised concerns about the domestic market’s ability to handle the large volume of capital inflows expected to follow

NEW YORK, NY (IANS) - Indian Americans Vinod Khosla, Romesh Wadhwani and Rakesh Gangwal made it to the Forbes 2022 list of 400 wealthiest Americans with Zscaler CEO Jay Chaudhry leading the pack with a net worth of $8.2 billion. Overall,

TORONTO, (IANS) - Vedanta founder Anil Agarwal was honored with the Global Indian Award worth $50,000 by the Canada-India Foundation at its 15th annual gala here on the weekend. Agarwal donated the award money to a Canadian health charity working for

SAN FRANCISCO, CA (IANS) - Elon Musk told Twitter CEO Parag Agrawal recently that he does not want to be a boss, to which Agrawal replied that the Tesla CEO should also treat him like an engineer instead of a

WASHINGTON, DC (IANS) - Cloud major Oracle will pay the US Securities and Exchange Commission (SEC) more than $23 million to settle charges against the company for bribing officials in India, Turkey, and the United Arab Emirates (UAE). The SEC said

NEW DELHI, (IANS) - Akash Ambani, Chairman, Jio has been named to the Time 100 Next, the magazine’s list of the world's rising stars. It highlights 100 emerging leaders who are shaping the future of business, entertainment, sports, politics, health,

SAN FRANCISCO, CA (IANS) - Amid the rise of work-from-home culture post-Covid-19 lockdowns, Microsoft CEO Satya Nadella said that bosses are scared that their employees slack off while working from home. "We have to get past what we describe as 'productivity

MOUNTAIN VIEW, CA (IANS) - Alphabet and Google CEO, Sundar Pichai, has advised employees not to mix fun with earning more money, as little things in life can bring more joy than what money can buy. In a recent interaction with

PALO ALTO, CA (IANS) - Indian American Neha Narkhede, co-Founder of Confluent, a streaming data technology company, now figures in India's rich list 2022. According to IIFL Wealth Hurun India Rich List, the 37-year-old Narkhede is the youngest self-made woman entrepreneur

WASHINGTON, DC (IANS) - The Lina Khan-led Federal Trade Commission (FTC) has announced a new policy to tame gig economy companies and platforms to protect delivery partners/online cab drivers from unfair contracts, pay and hours. The FTC approved a new policy

BOSTON, MA (IANS) - Pune-based startup Buy Hive, which offers a global B2B sourcing platform for small and midsized buyers, is now a case study on the Harvard Business Publishing platform, it said on September 16. The case study, titled 'BuyHive:

WASHINGTON, DC (IANS) - Twitter whistleblower Peiter Zatko on September 13 said that the Parag Agrawal-led platform hired a Chinese agent working for the country's Ministry of State Security and reiterated that the Indian government also "forced" Twitter to hire

SAN FRANCISCO, CA (IANS) - Google has completed the $5.4 billion acquisition of cyber-security firm Mandiant, Google Cloud CEO Thomas Kurian announced. Mandiant will join Google Cloud to help organizations improve their threat, incident, and exposure management. "We will retain the Mandiant

Indian Minister Piyush Goyal in Los Angeles at the ministerial meeting hosted by the US.  LOS ANGELES, CA (ANI) – The first-in-person Indo-Pacific Economic Framework (IPEF) ministerial summit concluded here on September 9 with a consensus from the partner countries on

NEW YORK, NY (IANS) - Ogilvy has announced the appointment of Devika Bulchandanias the Global Chief Executive Officer. She will also join WPP's Executive Committee as she takes on her new role. Bulchandanias most recently served as Global President and CEO of

File photo of Apple CEO Tim Cook during a visit to India where he praised the talent of engineers. SAN FRANCISCO, CA (IANS) -  The Tata Group is in discussions with a Taiwanese supplier to Apple to build electronics manufacturing joint

SEATTLE, WA (IANS) - Amazon Web Services (AWS) has invested $3.71 billion in building local Cloud infrastructure and creating jobs in India in the last six years, a company executive said on September 9. Amazon also said the company is bullish

SEATTLE, WA – Starbucks which recently named Laxman Narasimhan as its next Chief Executive Officer, a report in The Guardian says, will receive an annual salary of approximately $17.5 million or Rs.140 crore. His yearly salary at his previous employer,

WASHINGTON, DC (IANS) - Global coffee chain Starbucks has named India-born Laxman Narasimhan its next CEO. Narasimhan, who currently heads health and hygiene company Reckitt, will join Starbucks in October and take over from its iconic interim CEO Howard Shultz in

SAN FRANCISCO, CA (IANS) - Alphabet and Google CEO Sundar Pichai has announced a $20 million grant to impart computer science education to 11 million students in the US. This brings Google's total commitment to computer science education to more than

NEW DELHI, (IANS) - Nearly a decade later, Amazon India's report card is decidedly mixed, foreign brokerage Bernstein said in a report. India is often the dream market of many global internet companies, yet also one of the most challenging to

NEW DELHI, (IANS) - Former Chief Economic Adviser Krishnamurthy Subramanian will be the Executive Director for India at the International Monetary Fund from November. He will have a three-year tenure. Subramanian is currently a Professor at the Indian School of Business

SAN FRANCISCO, CA (IANS) - Senior Indian American Twitter executive Sandeep Pandey, vice president of engineering, is leaving the Parag Agrawal-led platform after more than a decade to join Meta. According to an Insider report, Pandey, who joined Twitter in 2012,

SAN FRANCISCO, CA (ANS) - Former Twitter security head Peiter "Mudge" Zatko has alleged that the Indian government forced the micro-blogging platform to hire a "government agent" and allow him access to users' sensitive data, a claim that has been

NEW DELHI, (IANS) - Twitter's Indian-origin CEO Parag Agrawal has lashed out at the company's former head of security, Peiter 'Mudge' Zatko, saying his false claims are "riddled with inconsistencies and inaccuracies, and presented without important context". Agrawal came out in

SAN FRANCISCO, CA (IANS) - Ford Motors has reportedly confirmed that it is laying off roughly 3,000 employees and contract workers, with the cuts primarily affecting staff in the US, Canada, and India. According to The Wall Street Journal, Ford sent

SAN FRANCISCO, CA (IANS) - California's Office of Administrative Law has denied Elon Musk-run Tesla's petition against the country's civil rights regulator that accused the company of racial discrimination at its factories. The California Department of Fair Employment and Housing filed

WASHINGTON, DC - The Biden administration h will stop buying vaccines, treatments, and tests as early as this fall, White House Covid-19 Response Coordinator Dr. Ashish Jha has said. "One of the things we've spent a lot of time thinking about

AUSTIN, TX (IANS) - Tesla and SpaceX CEO Elon Musk finally met his Twitter buddy from Pune, the 24-year-old IT professional Pranay Pathole, at his Gigafactory, here. Pathole who works as a software developer for Tata Consultancy Services tweeted, "It was so

NEW YORK, NY (IANS) - E-commerce company Wayfair CEO Niraj Shah] has fired 870 people, or 5 percent of the company's global workforce, as the growth he anticipated has not materialized this year. In a memo, Shah said that the company

PUNE, (ANI) - A US delegation visited the Serum Institute of India (SII) in Pune  on August 17 and noted the critical role played by US-India cooperation in addressing the COVID-19 pandemic and other global health challenges. The delegation included US

SAN FRANCISCO, CA (IANS) - As Big Tech companies begin to lay off employees in the global economic downturn, Google executives have reportedly warned workers to either boost performance or prepare to leave as "there will be blood on the

BENGALURU, (IANS) - On her first visit to Bengaluru after assuming charge in September 2021, US Mission India Charge d'Affaires, Patricia Lacina met with business leaders and entrepreneurs to underscore the strong US-India economic and commercial ties. Lacina acknowledged the immense

CHENNAI, (IANS) - Tata Passenger Electric Mobility Limited and Ford India Private Limited have inked the Unit Transfer Agreement for the acquisition of the latter's plant in Gujarat for Rs 725.70 crore. Tata Motors - the parent of Tata Passenger Electric

SAN FRANCISCO, CA (IANS) - Amid the ongoing legal dispute over the $44 billion takeover deal to buy Twitter, tech mogul Elon Musk has challenged the platform's CEO Parag Agrawal to have a public debate on fake accounts and spam. While

By Ashish Saboo TiE Global Angels Investor summit and celebrations was a roaring success over three days from July 28th through 30th. First TiE Global leadership team including BJ Arun, Dharti Arvind Desai, Shankar Ram, Sundi Natarajan, Vijay Menon and various

MUMBAI, (IANS) - Reliance Industries maintained its highest ranking among Indian private sector companies in the latest Global 500 list published by Fortune for 2022. The list, topped by US retailer Walmart, has nine Indian companies - five of them state-owned,

NEW DELHI, (IANS) - Ride-hailing major Uber on August 2 revealed that it lost about $245 million in its Zomato investment in the second quarter (Q2) this year, along with a total of $707 million loss in the first six

NEW DELHI, (IANS) - A large-scale study of data involving 21 billion friendships on Facebook, led by Harvard University economist Raj Chetty, has revealed how these social connections help shape economic outcomes in the country. Chetty is the William A. Ackman

SAN FRANCISCO, CA (IANS) - More than 32,000 tech workers have been laid off in the US till July this year, including at Big Tech companies like Microsoft and Meta and the worst has not been over yet for the

SAN FRANCISCO, CA(IANS) - Mobility startup Bolt Mobility, co-founded by eight-time Olympic gold medalist Usain Bolt, has abruptly disappeared from several of its markets in the US, leaving e-bikes and equipment abandoned amid unanswered calls, the media reported. Bolt had raised

SAN FRANCISCO, CA (IANS) - Ola Founder and CEO Bhavish Aggarwal on July 29 refuted a report that said Ola and Uber are considering a potential merger. "Absolute rubbish. We're very profitable and growing well. If some other companies want to

SAN FRANCISCO, CA (IANS) - Indians lead immigrants in the US founding more than half of America's startups valued at $1 billion or higher (unicorns), and four out of 10 immigrants have founded multiple billion-dollar enterprises, a new report has

SAN FRANCISCO, CA (IANS) - During the company's earnings call, Alphabet and Google CEO Sundar Pichai said that more than three billion monthly active devices are now running on the Android operating system globally. Pichai mentioned that consumers had activated one

SAN FRANCISCO, CA (IANS) - Instacart Founder and Executive Chairman Apoorva Mehta has said he will step down from the online grocery delivery service he founded nearly a decade ago. Instacart announced that CEO Fidji Simo has been appointed as Chair

NEW DELHI, (IANS) - As Elon Musk-run SpaceX abandoned its affordable internet project Starlink in India, Amazon has ramped up its efforts to launch its fast and cheaper internet service called 'Project Kuiper' in the country. The company has posted several

WASHINGTON, DC (IANS) - After India, US lawmakers have now asked the Lina Khan-led Federal Trade Commission to address abusive and deceptive data practices by hundreds of companies providing Virtual Private Network (VPN) services for individuals. A VPN is an online

NEW DELHI, (IANS) - Nearly 95 percent of all new digital workloads will be deployed on the Cloud by 2025, Microsoft's Executive Chairman CEO Satya Nadella has said. Addressing the company's annual conference �Microsoft Inspire 2022', Nadella said that Cloud is foundational

NEW DELHI, (IANS) - An industry group called Asia Internet Coalition (AIC) representing US-based Big Tech firms has urged India to make changes in the proposed amendments to the country's new IT Rules, 2021 which would "negate the government's commitment

NEW DELHI (ANI) -After two consecutive days of gains, Indian stock indices declined marginally in early trade on July 19, weighed down by a consistent depreciation of the rupee.The rupee hit yet another historical low and touched the key psychological

BEIJING, (IANS) - As India plans to become a global manufacturing hub, a contract manufacturer of major Chinese smartphones here has said that while it becomes an "inevitable trend" for smartphone and other tech players to set up manufacturing bases

SAN FRANCISCO, CA (IANS) - Tech billionaire Elon Musk has reportedly texted microblogging platform Twitter's CEO Parag Agarwal and CFO Ned Segal before pulling out of the $44 billion acquisition deal. Musk texted the Twitter executives that the company's lawyers were

India-West Staff Reporter DALLAS, TX – Texas Governor Greg Abbott has named Indian American Arun Agarwal, the CEO of a Dallas-based home textile company, to the Texas Economic Development Corporation's Board of Directors. He was tapped along with eight other Texas

MOUNTAIN VIEW, CA (IANS) - Alphabet and Google CEO Sundar Pichai has told employees that the company will be slowing down the pace of hiring for the rest of the year, as global macro-economic conditions continue to hit industries across

NEW DELHI, (IANS) - The Indian tech industry generated $103 billion in revenue and directly employed 2,07,000 people in the US last year, with an average wage of $106,360 -- witnessing a 22 percent employment growth since 2017, a new

India-West News Desk SAN FRANCISCO, CA - Gap Inc. has announced that President and Chief Executive Officer Sonia Syngal will step down from her position and from the company's Board, departing the company following a brief transition. Effective immediately, Bob Martin, the

SAN FRANCISCO, CA (IANS) - India's largest retailer Reliance Retail Ltd on July 5 said it has entered a long-term partnership with Gap Inc. to take the iconic American fashion brand to India. Through the long-term franchise agreement, Reliance Retail has

LONDON – Parag Agrawal, Twitter’s Indian American CEO sprung a surprise at staff at the company’s office here by serving them coffee. He was joined by CFO Ned Segal. Photos of Agrawal were posted where he can be seen taking orders

NEW DELHI, (IANS) - Twitter has moved the Karnataka High Court against the Indian government's order to take down some content on its platform, on the grounds that the content blocking orders from the IT Ministry does not pass "the

NEW DELHI, (IANS) - As the tech and startup sector gets hammered by the economic meltdown, more than 22,000 workers in the sector have lost jobs in 2022, along with more than 12,000 in the Indian startup ecosystem. Startups, especially the

NEW DELHI, (IANS) - Uber on June 23 refuted a report that claimed the ride-hailing major planned to exit the Indian market and held discussions with potential buyers to sell its India business. Bloomberg reported that the US-based company explored selling

India-West News Desk SAN FRANCISCO, CA - A former Better.com employee has sued the company and its chief executive, Vishal Garg, charging them of providing misleading statements to investors about the digital mortgage firm's financial prospects and performance. This is the same Garg

India-West Staff Reporter NEW YORK, NY – Effective July 1, Verizon said in a press release,  Indian American Sowmyanarayan Sampath will assume the role of Executive Vice President and CEO of Verizon Business.  Sampath will report directly to Hans Vestberg, Verizon Chairman

Meherwan Irani has been nominated or been the recipient of several awards so far. He and Chai Pani co-founder Molly, were present at the award ceremony.  (photo @beardfoundation) India-West News Desk ASHEVILLE, NC - Chai Pani, which serves affordable Indian street food

Twitter photo: @ABCDsofCooking India-West News Desk NEW YORK, NY – Pragadish Kalaivanan, a Boston TikToker was annoyed. He had read about Trader Joe’s, an Indian American entrepreneur, and the controversy surrounding the launch of an ‘achaar’ by the former that was suspiciously

SAN FRANCISCO, CA (IANS) - Bengaluru has found itself a distinct place on the global startup tech map as the leading Asian city is now ranked fifth for tech venture capital investment in 2022, a report said on June 14. According

BY ARUL LOUIS NEW YORK, NY - Against the backdrop of a global economic deceleration from the fallout of the Russian invasion of Ukraine, the World Bank has cut India's growth prospects to 7.5 percent for the current fiscal year --

BENGALURU, (IANS) - US-based IT firm Pure Storage on June 2 inaugurated its new Research and Development Centre in Bengaluru that will focus on innovations that transform storage and data management. State Minister of IT and Skill Development, Dr CN Ashwath

NEW DELHI, (IANS) - As VC money disappears amid an economic slowdown, tech startups have laid off over 20,000 employees the world over since April, while more than 8,000 employees have lost jobs at the Indian startups led by edtech

SAN FRANCISCO, CA (IANS) - Workplace communication platform Slack on June 1 announced its official entry into the Indian market, to help companies navigate the transition to a hybrid workplace by establishing digital headquarters. "We have a significant footprint in big

NEW DELHI, (IANS) - Edtech leader BYJU's is in for a big change with its Founder and CEO Byju Raveendran set to focus his energies on global operations, especially in the US, as the Indian online edtech market shrinks considerably

BY VENKATACHARI JAGANNATHAN CHENNAI, (IANS) - Around 2,200 workers of Ford India Pvt Ltd's plant near here are on protest demanding better severance package as the company has decided to shut down the plant sometime next month, said a workers' union

NEW DELHI, (IANS) - Breaking his silence on India plans, Elon Musk has said that Tesla will not manufacture cars in India unless it is allowed to sell and provide service to its electric vehicles. On Starlink, he said that SpaceX

BELLEVUE, WA (IANS) - Tech Mahindra on May 27 announced that it has inaugurated a 5G Lab in here, as an innovation center to help customers co-create and co-innovate 5G- powered solutions. The innovation Lab will curate vertical solutions in the telco space

Beneficiary of CDABP assistance is Moninder Birdi, owner of Birdi & Associates, Inc.that won multi-million-dollar contracts from Los Angeles World Airports India-West Staff Reporter LOS ANGELES, CA - A three-pronged Los Angeles regional program – launched by the City of Los Angeles,

NEW DELHI, (IANS) - Global financial services provider firm Moody's Investors Service has slashed India's GDP projection to 8.8 percent for 2022, from 9.1 percent estimated previously. The rationale behind the cut was the prevailing high inflation. "Except for Russia, we do

SAN FRANCISCO, CA (IANS) - Alphabet and Google CEO Sundar Pichai has said that the current global macroeconomic conditions will severely affect the tech sector. The world is going through acute supply chain issues and raw material shortage owing to the

NEW DELHI, (IANS) - Climate technology company Arcadia on May 24 said it has acquired Urjanet, one of the largest utility data providers that has more than 360 employees in India, for an undisclosed sum. Urjanet's global data access will integrate

SAN FRANCISCO, CA (IANS) - Tech giant Apple has reportedly told its suppliers that it wants to expand manufacturing outside of China. And India and Vietnam are getting a closer look from the company as alternatives. According to The Wall Street

India-West Staff Reporter NEW YORK, NY - Major League Cricket (MLC), the first professional Twenty20 Cricket League in the U. S., has announced that it has completed an initial close of a $44 million Series A and A1 Fundraising Round led

MILPITAS, CA (IANS)- California-based cyber security company Trellix on May 19 announced the opening of a new data center in Mumbai to help customers meet their data residency and compliance requirements. The company provides hardware, software, and services to investigate cybersecurity

SAN FRANCISCO, CA (IANS) -Tech giant Google has roped in former US Food and Drug Administration (FDA) official Bakul Patel as its new senior director of global digital health strategy. Patel spent over a decade at the FDA and most recently

SAN FRANCISCO, CA (IANS) - Elon Musk on May 16 said that he received a call from Twitter's legal team being run by Vijaya Gadde, accusing the Tesla CEO of violating a non-disclosure agreement (NDA) by revealing that the sample

SAN FRANCISCO, (IANS) - Breaking his silence, a defiant Twitter CEO Parag Agrawal has explained why a "lame-duck" CEO has made key changes at the platform amid the $44 billion takeover by the Tesla CEO. Stressing that "no one at Twitter

SAN FRANCISCO, CA (IANS) - With Elon Musk putting the $44 billion Twitter deal temporarily on hold on May 12, serious questions now linger on the future of the platform that is battling multiple issues -- from employee exodus to

NEW DELHI (IANS) - Sundar Pichai, CEO of Google, and Alphabet, has doubled down on making new breakthroughs in some of the most technically challenging areas of computer science for countries like India that need them the most. Addressing the company's flagship Google,

CHENNAI, (IANS) – Ford Motor has shelved plans to make electric vehicles in its two plants in India – Chennai, and Sanand in Gujarat. It said it was exploring options for its two factories in the country that stopped production

NEW DELHI, (IANS) - Morgan Stanley has lowered India's GDP growth forecasts to 7.6 percent for F2023 from 7.9 percent and to 6.7 percent for F2024 (from 7 percent) due to higher oil prices and slower global growth. The foreign brokerage

SAN FRANCISCO, CA (IANS) - Vineeta Agarwala, the wife of Twitter CEO Parag Agrawal, is now making headlines amid Elon Musk's $44 billion takeover deal. Her role as general partner at Andreessen Horowitz -- a VC firm which has agreed to

New Delhi, (IANS) While Union Ministers keep on making a beeline to Tesla CEO Elon Musk to come and manufacture electric cars in India, he is more interested in his $44 billion Twitter acquisition rather than paying attention to what

BENGALURU, (IANS) - As India gets its 100th unicorn, Cloud major Oracle on May 6 said it is nurturing the next breed of startups to expand their footprint connecting them with many venture capitalists so that they get the required

BENGALURU, (IANS)- Amazon on May 4 announced it now aims exports worth $20 billion from India by 2025, thus doubling its goal. In 2020, Amazon pledged to enable $10 billion in cumulative exports from India by 2025. The company said that cumulative

CHENNAI, (IANS) - Global pharma giant Pfizer, which developed the mRNA-based vaccine against Covid, on May 4 announced setting up a global drug development center to boost critical research and development in India. The 61,000 sq ft research and technology center

India-West News Desk NEW YORK, NY- The Federal Reserve Bank of New York on May 3 announced that IBM Chairman and Chief Executive Officer Dr. Arvind Krishna has been elected to its board. 60-year-old Krishna has been elected as a Class B

SAN FRANCISCO, CA (IANS) - Apple has sued the Santa Clara-based "stealth-mode" semiconductor startup Rivos and two former employees, Indian American Bhasi Kaithamana and Ricky Wen, for allegedly stealing trade secrets to build a chip lineup. In a lawsuit filed in

NEW DELHI, (IANS)- Reiterating his stand on Tesla manufacturing in India, Union Road Transport and Highways Minister Nitin Gadkari on May 3 said that if Elon Musk comes to the country and makes Tesla cars here, that will also benefit

SAN FRANCISCO, CA (IANS) - As Elon Musk prepares to hire a new CEO for Twitter once he takes over, current CEO Parag Agrawal is worried about the future of the micro-blogging platform, not his job. Amid multiple reports that Musk

MUMBAI, (IANS) - San Francisco-based investment fund Rise Capital on May 2, announced it is launching its India operations and will invest in early-stage startups through its global fund III. The VC fund said tech startups in India will create well

NEW DELHI, (IANS) -Bodhi Tree Systems, an investment platform by former 21st Century Fox CEO James Murdoch and ex-Disney executive Uday Shankar, on May 1 announced it would invest $600 million in Allen Career Institute which has a pan-India footprint

SAN FRANCISCO, CA (IANS) - Tesla CEO Elon Musk could fire Twitter's legal head Vijaya Gadde, who makes about $17 million a year and is one of the highly paid executives at the micro-blogging platform, once he takes over. Nevertheless, Gadde

PHOENIX, AZ (IANS) - Phoenix Suns guard Chris Paul and NFL duo Larry Fitzgerald and Kelvin Beachum have invested in the Rajasthan Royals, the Indian Premier League franchise said on May 1, underlining IPL's growing global appeal. The popular Twenty20 league,

SAN FRANCISCO, CA (IANS) - Elon Musk has reportedly lined up a new CEO to take over from Indian American Parag Agrawal, as Twitter co-founder Jack Dorsey’s name was making the rounds who quit in November last year to focus

Elon Musk’s tweet of this meme on Vijay Gadde has been slammed, for making her the target of harassment and threats. SAN FRANCISCO, CA (IANS) - Ahead of Twitter's imminent takeover by Elon Musk, the world's richest man, its CEO Parag

HYDERABAD (IANS) - Google on April 28 began work here on its largest campus outside of its headquarters in the US. The 3 million square feet building is coming up at Gachibowli, the information technology cluster. The company also unveiled the

MOUNTAIN VIEW, CA (IANS) - Hailing the India digital payments growth story, Alphabet and Google CEO Sundar Pichai has said that the company's payments strategy is very similar to the strategy it has for commerce overall. During the company's quarterly earnings

SAN FRANCISCO, CA (IANS) - Even as tech billionaire Elon Musk took over Twitter, he slammed Indian American lawyer Vijaya Gadde over censoring exclusive stories related to US President Joe Biden's son Hunter's laptop in the wake of the Capitol

SEATTLE, WA - (IANS) As gaming gets mainstream, more than 10 million people have streamed games over Xbox Cloud Gaming to date, Microsoft CEO Satya Nadella has said. He said that billions of hours have been played by subscribers over the

SAN FRANCISCO, CA (IANS) - Parag Agrawal, the Indian-origin CEO of Twitter, will approximately get $42 million if Tesla CEO Elon Musk decides not to retain him at the helm. According to research firm Equilar, he will get an estimated $42

WASHINGTON, DC (ANI)- Union Finance Minister Nirmala Sitharaman attended a roundtable with business leaders and investors co-hosted by the US-India Business Council (USIBC) and Confederation of Indian Industry (CII) in the Silicon Valley, and invited the leading investors to become

NEW DELHI (IANS) - Elon Musk, who has just bought Twitter for $44 billion, will have to manufacture his Tesla cars in India, and not China, if he wants to come and sell the vehicles in the country, Union Road

SAN FRANCISCO, CA (IANS) - Tesla CEO Elon Musk has re-clarified the story of the electric vehicle company's early days to a Bengaluru-based man who tweeted that "Elon Musk was not the founder of Tesla. He acquired it." The tech billionaire