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The cloud rises and AI pays off — 3 takeaways from tech’s big earnings week

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Tech

Syrma SGS Technologies targets $1 billion revenue by FY27

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Syrma SGS Technology...
Infra

China’s ‘hidden debt’ drive controls borrowing for city infrastructure projects

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China’s finance ministry has banned local governments from raising illegal or non-compliant debt for municipal infrastructure projects that yield no or insufficient returns, in...
Bussiness

TCS’s North America head Muthuswami quits

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Bengaluru: Suresh Muthuswami, who was...
Infra

NetEase’s music-streaming service goes down for 2 hours in China

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NetEase Cloud Music, the Hong Kong-listed Chinese music-streaming service with more than 200 million monthly active users, reported a widespread outage for over two...
Infra

Missoula Co. commissioners approve levy that would address infrastructure

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MISSOULA, Mont. — Voters can expect a new mill levy on their ballot this November. Missoula County commissioners approved the addition of a levy...
Bussiness

Intel’s stock plunges as company cuts 15% of workforce, struggling to fund chipmaking business | CBC News

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Intel was set to erase nearly $25 billion US in stock market value on Friday in potentially its worst sell-off since 2000, after it...
Bussiness

Inte stock plummets most in 40 years, as company suspends dividend, cuts jobs amid restructuring

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Chip giant Intel (INTC) reported its second quarter earnings after the bell on Thursday, missing on the top and bottom lines and announcing a...
Bussiness

Intel stock plunges as company announces cost cutting plan to slash jobs, suspend dividend

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Chip giant Intel (INTC) reported its second quarter earnings after the bell on Thursday, missing on the top and bottom lines, and announcing a...
Shopping

Grocery Outlet anchors new $20M Post Falls shopping site

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Development is underway on a $20 million retail center in Post Falls, dubbed North Point Plaza, which will be anchored by a 16,000-square-foot Grocery...
Bussiness

Amazon Prime Day: $14 Billion in Sales Expected, Record High | Entrepreneur

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Since starting the first Prime Day in 2015, Amazon has seen the 48-hour event become a massive revenue...
Bussiness

Belmont approves business license tax ballot measure

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