The recent spate of senior-level exits and layoffs at technology startups has proved a blessing for some firms. The exits, triggered by shutdowns, acquisitions or cost cuts, have created a pool of topnotch talent for younger firms to pick from — people with more startup experience than the mostly twenty-something, first-generation entrepreneurs hiring them. Senior roles and promising stock options […]
» Read moreWhen Microsoft acquired the creator of the game Minecraft in 2014, the giant software company instantly got a cachet bump with children, picking up a blockbuster game app for a generation that didn’t depend on its products the way their parents did. Now Microsoft hopes Minecraft can help it in classrooms, another area where its once-mighty grip has been shaken […]
» Read moreJapan-based SoftBank has invested an additional Rs 100 crore in Housing.com to drive the growth of the realty portal. Announcing the fresh funding, Mumbai-based Housing.com said that “it has secured a fresh round of funding from SoftBank, its largest investor.” “The new Rs 100 crore infusion will well-capitalise the company to drive its new strategy and growth plans,” Housing.com said […]
» Read moreA day after Wipro appointed Bhanumurthy BM as its chief operating officer (COO), he has announced an organization structure with some changes to its leadership team within service lines. Hiral Chandrana has been appointed as vice-president and head of business application services (BAS), the largest service line that contributes 47% to its revenue. He was previously the VP and vertical […]
» Read moreAccenture has acquired CRMWaypoint, a supplier of cloud advisory and technology services in the Netherlands, specializing in Salesforce cloud solutions for sales, service and marketing. The acquisition further strengthens Accenture’s position as a leading cloud services by reinforcing its Cloud First agenda that provides clients with high-standard cloud strategy and technology consulting, as well as cloud application implementation, integration and […]
» Read moreTata Consultancy Services, which ended initial talks with Dell for its Perot IT business after a disagreement over price, is back at the table and is locked in a bidding war with rivals such as US-based Cognizant, three people familiar with the negotiations said. “TCS left when the asking price was too high. But over past two weeks there has […]
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