Business

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