SAN FRANCISCO: Facebook Chief Executive Officer Mark Zuckerberg said on Friday he will take two months of paternity leave after his daughter’s birth, though he did not say when she is due. The 31-year-old, one of Silicon Valley’s most visible leaders, did not say who would be running the company while he is out. Facebook did not immediately respond to […]
» Read moreIBM is considering laying off up to 3,000 German employees, or 18% of its staff in the country over the next two years, business magazine Wirschafts Woche reported, quoting a union leader on the company’s supervisory board. An IBM spokesman declined to comment on what he said were “rumors and speculation”. The Verdi service union believes 2,500 of the potential […]
» Read moreDelhi boy Chetan Kakkar has set a new record for international placement for Delhi Technological University (DTU) by grabbing an offer of $1,90,000 (Rs 1.27 crore approx) per annum from Google. An alumnus of Springdales, Pusa Road, Kakkar said DTU campus has made a great difference to his prospects. Kakkar’s parents are teachers at Delhi University. Rita Kakkar is in […]
» Read moreOn Semiconductor Corp said it would buy Fairchild Semiconductor International in a $2.4 billion deal, the latest in a rapidly consolidating semiconductor industry. The offer of $20 per share represents a premium of nearly 12% to Fairchild’s Tuesday close. Shares of Fairchild were trading at $19 before the opening bell on Wednesday. The deal will help the company bolster its […]
» Read moreUS internet colossus Alphabet has revamped Google+ online social network focused on people’s interests, and tuned for smartphones or tablets. “We’re starting to introduce a fully redesigned Google+ that puts Communities and Collections front and center,” director of streams Eddie Kessler said in a blog post yesterday. “Now focused around interests, the new Google+ is much simpler.” Google’s social network was […]
» Read moreInfosys has entered into a partnership with Europe’s largest technology accelerator, Level 39, to engage with startups working at the convergence of financial services and technology. Level 39 is located in the heart of Canary Wharf in London and is part of real estate major Canary Wharf Group. Level 39’s tenants include a host of technology, media and telecommunication companies […]
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