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Qantas to outsource 850 local jobs with most shifting to India
Tech Giants

Qantas to outsource 850 local jobs with most shifting to India

Qantas will outsource 850 local corporate jobs to consulting giant Accenture with most roles moving to India as the airline fast-tracks AI investment. In an internal email to staff on Tuesday, the Au

GFM News• 19 hours ago
Qantas to outsource 850 local jobs with most shifting to India
Tech Giants

Qantas to outsource 850 local jobs with most shifting to India

Qantas will outsource 850 local corporate jobs to consulting giant Accenture with most roles moving to India as the airline fast-tracks AI investment. In an internal email to staff on Tuesday, the Au

GFM News• 19 hours ago
Consulting firm Ankura accuses rival Vertex of raiding litigation services groups
Tech Giants

Consulting firm Ankura accuses rival Vertex of raiding litigation services groups

Nov 6 (Reuters) - Consulting and expert advisory firm Ankura has sued rival Vertex Companies, accusing it of a campaign to recruit key personnel from Ankura units that serve law firms, litigation clie

GFM News• 1 days ago
Council Post: ​Why Strong Tech Stalls Before Production, And The 7 Buyer Commitments That Prevent It
Tech Giants

Council Post: ​Why Strong Tech Stalls Before Production, And The 7 Buyer Commitments That Prevent It

Masha Khmel turns frontier technology into enterprise revenue. She leads Strategy & Business Operations at Tensordyne. If you're in deep tech, you might be familiar with this common dilemma: The tech

GFM News• 1 days ago
Fake job interview scams like the one that hit Binance are getting more sophisticated. Here are the new signs to watch for
Tech Giants

Fake job interview scams like the one that hit Binance are getting more sophisticated. Here are the new signs to watch for

Job search scams can cost applicants hundreds or thousands of dollars. But one fake job interview recently impacted over $6 billion in assets. Binance, the world's largest cryptocurrency exchange, an

GFM News• 3 days ago
Philips beats quarterly profit estimates driven by higher sales, gross margin
Tech Giants

Philips beats quarterly profit estimates driven by higher sales, gross margin

Nov 3 (Reuters) - Dutch healthcare technology manufacturer Philips (PHG.AS), opens new tab beat market expectations for third-quarter core earnings on Tuesday, driven by higher sales and ⁠gross margin

GFM News• 6 days ago
Driven by A.I. Boom, Marvell and Lumentum Announce $115 Billion Merger
Tech Giants

Driven by A.I. Boom, Marvell and Lumentum Announce $115 Billion Merger

Marvell and Lumentum said they were combining, in a major bet on a technology known as optical networking that is increasingly being used in A.I. data centers. Marvell Technology on Monday announced

GFM News• 7 days ago
EU moves to rein in U.S. tech giants
Tech Giants

EU moves to rein in U.S. tech giants

This transcript was produced with AI technology that converts speech to text. The text is not always reviewed or edited by Reuters journalists and some errors may occur. [Captions auto-generated & un

GFM News• 8 days ago
Tech Earnings Sink SpaceX Stock. No Other Companies Meet Elon Musk's High Bar.
Tech Giants

Tech Earnings Sink SpaceX Stock. No Other Companies Meet Elon Musk's High Bar.

You are now leaving Barron's website By clicking on the "Proceed" button below, you will be redirected to a third-party website owned and operated by Hong Kong Tiimoot Information Technology Co., Lim

GFM News• 10 days ago
Tech Firms' Debt-Protection Costs are Surging on Profit Concerns
Tech Giants

Tech Firms' Debt-Protection Costs are Surging on Profit Concerns

Costs to protect the debt of numerous US technology heavyweights against default hit fresh record highs Friday, with disappointing quarterly reports from Intel Corp. and Amazon.com Inc. spurring fresh

GFM News• 10 days ago
I read Anthropic's 92-page risk factor document, so you don't have to - video explainer
Tech Giants

I read Anthropic's 92-page risk factor document, so you don't have to - video explainer

Anthropic, the creator of Claude, filed to go public on the US stock market on 26 October. The company's filing statement contains a 92-page risk factor document in which it acknowledges the dangers t

GFM News• 10 days ago
China's tech darlings are losing their shine. Here's what's behind the sell-off
Tech Giants

China's tech darlings are losing their shine. Here's what's behind the sell-off

* China's tech rally is being tested as investors question whether AI profits can justify elevated valuations. * Weak consumer confidence and China's property slump continue to pressure advertising a

GFM News• 11 days ago
CNBC TEC Summit live updates: Cisco, Levi's executives discuss AI risks and costs
Tech Giants

CNBC TEC Summit live updates: Cisco, Levi's executives discuss AI risks and costs

Here are some of the top tech-focused headlines from CNBC this morning: * Google alters its cloud playbook, enlisting partners to sell more AI chips. Google started working on in-house silicon in 201

GFM News• 12 days ago
Anthropic Says Enterprise AI Adoption Remains in 'Early Phases'
Tech Giants

Anthropic Says Enterprise AI Adoption Remains in 'Early Phases'

Good morning. No wonder that the filing of Anthropic's S-1 took longer than expected. Even with frontier model assistance, a mind-bending investment of time and effort went into preparation of the rou

GFM News• 13 days ago
What's Next for Anthropic's Mega-IPO: Five Things to Watch
Tech Giants

What's Next for Anthropic's Mega-IPO: Five Things to Watch

Anthropic PBC filed publicly for an initial public offering, a major milestone ahead of the first-ever listing of a frontier AI model company. Here are five things investors should be looking for in t

GFM News• 13 days ago
Indian IT services groups turn corner as AI revenue grows
Tech Giants

Indian IT services groups turn corner as AI revenue grows

Work to help companies integrate the new technology makes up more than 10% of sector's sales India's IT services companies have reported a larger share of revenue from helping businesses adopt AI, in

GFM News• 13 days ago
Instacart to Wind Down Smart Cart Business Amid Sale Talks
Tech Giants

Instacart to Wind Down Smart Cart Business Amid Sale Talks

Instacart will stop offering high-tech shopping carts to grocers, its first announced strategy shift since reports emerged that the company is in talks to sell itself. The physical carts, which are e

GFM News• 14 days ago
Anthropic's IPO Sets Up Defining Moment for Wall Street and AI Boom
Tech Giants

Anthropic's IPO Sets Up Defining Moment for Wall Street and AI Boom

Anthropic PBC's landmark initial public offering is laying bare the stark extremes of the AI boom business model: astonishing growth but deep uncertainty about unpredictable demand and the massive spe

GFM News• 14 days ago
AI scaling race accelerates investments in microgrid technology
Tech Giants

AI scaling race accelerates investments in microgrid technology

October 26 - Soaring demand from data center developers, widespread integration of clean power and dwindling grid capacity on regional networks has spurred investment and development in microgrid solu

GFM News• 14 days ago