BusinessNews

Cisco Plans New Round of Job Cuts Amid Strategic Shift to Cybersecurity and AI

Cisco, the leading manufacturer of networking equipment, is set to announce another wave of layoffs as early as Wednesday, coinciding with its fourth-quarter earnings report. This latest round of job cuts follows a previous reduction in February, which saw 4,000 employees let go. The new layoffs could match or slightly exceed this number. The decision comes as Cisco aims to refocus its business…
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BusinessNews

C-Edge Technologies Faces Major Cyberattack: Impact on Indian Banking Sector Unveiled

C-Edge Technologies, a prominent IT solutions provider for India’s banking and financial sector, is grappling with a severe cybersecurity incident that has disrupted its operations and triggered widespread repercussions. The company recently suffered a major ransomware attack that has significantly impacted its systems, leading to substantial disruptions in payment services for nearly 300 small…
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BusinessNewsStartup

“Microsoft Faces New Global Outage, Impacting 365 and Azure Services”

Microsoft is grappling with another global outage affecting its Microsoft 365 and Azure services. Users worldwide have reported performance issues and degraded service. The company has acknowledged the problem on its 365 Status account, noting, “We’re currently investigating access issues and performance degradation with multiple Microsoft 365 services. For details, refer to MO842351 in the…
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BusinessNews

Byju’s in conversation to acquire Great Learning and Gradeup for $400 Mn

Flush with capital, edtech major Byju’s is effectively exploring for acquisitions. In the wake of raising $1 billion only weeks prior and finishing the obtaining of Aakash Educational Services, it is currently in late-stage converses with secure two new organizations, said three sources mindful of the subtleties of the exchanges. “Byju’s is in cutting edge stage converses with secure the…
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