IT major Microsoft will invest $3 billion in India for the expansion of cloud and AI infrastructure in the country, the company's chairman and CEO Satya Nadella said on Tuesday. There is a fantastic momentum in India where people are pushing for a multi-agent kind of deployment.
In a significant push to popularise cricket in the US, a $120 million funding has been secured from prominent Indian-American business leaders, including Microsoft CEO Satya Nadella and Adobe CEO Shantanu Narayen, to launch the first professional T20 league in the US. Major League Cricket (MLC), the first professional Twenty20 Cricket League in the US, announced Thursday that it has completed an initial close of a $44 million Series A and A1 Fundraising Round led by a group of America's leading business leaders. It said that with an additional commitment of $76 million in further fundraising over the next 12 months in place, MLC plans to deploy more than $120 million to launch the country's first-ever professional T20 league.
In comparison to Nadella, Apple CEO Tim Cook got a pay of $ 15.7 million in 2018 with $ 3 million in salary. Google CEO Sundar Pichai received $ 1.9 million in overall compensation.
Microsoft's India-born CEO Satya Nadella acknowledged that 'one big mistake' the company made in the past was to think the personal computer will reign supreme forever and failing to anticipate the technological transformation of the mobile phone.
Vaniya Agarwal says Friday April 11 will be her last day at Microsoft
'India has the maths talent, academic institutions, and research institutions to do the next big thing.'
On his three-day trip, the Microsoft CEO will meet governments and businesses to get them to use the company's platforms.
Former White House Chief Technology Officer Aneesh Chopra, who was the first to occupy this position created by President Obama says that Satya Nadella's selection as the new CEO of Microsoft, validates the new playing field in which Microsoft will be judged.
This next phase of globalisation needs to deliver economic growth so that it is equitable: Nadella.
While GBP 50 million is earmarked for grassroots and recreational cricket, the 18 English county teams will get a share of GBP 470 million with larger pie allocated for those clubs that don't own a 'Hundred Franchise'.
'You don't need massive industry or huge energy resources.' 'You could start with just 3 or 4 people in a coffee shop and invent the world.'
India has its share of both large tech companies and large national laboratories, but why is it that these don't seem to be at the forefront of any innovation news headlines? asks Ajit Balakrishnan.
Sakshi along with two-time World Championships bronze medallist Vinesh Phogat and Tokyo Olympics bronze winner Bajrang Punia spearheaded the protest against Singh at the Jantar Mantar in New Delhi, demanding his arrest for intimidating and allegedly sexually harassing female grapplers of the country.
Bukkapuram Nadella Yugandhar's 'formidable legacy will survive through a generation of civil servants whom he trained, nurtured, mentored and inspired with a rare combination of energy, enthusiasm and passion,' says former RBI govenor Dr Duvvuri Subbarao.
Altman said he was "looking forward" to returning to his previous role at the AI firm.
The TIME 100 AI list is an interesting assortment of titans. Indians make up about 20 per cent of the coveted list, which is pretty commendable, notes Sandeep Goyal.
Chandrababu Naidu's victory comes barely eight months after his political career seemingly crashed in September 2023 when the YSRCP government arrested him in an alleged corruption case.
Delhi Capitals join hands with Satya Nadella to own MLC team in US
The latest ruling by the Registrar of Companies (RoC) in the LinkedIn Technology Information case for violating significant beneficial ownership (SBO) norms has brought the amended rules into the spotlight. Experts suggest that more entities, particularly multinational companies (MNCs), are expected to face greater scrutiny. "Companies are closely watching this space.
While Modi was given this t-shirt by Biden, Microsoft CEO Satya Nadella, Chairman of Mahindra Group, Anand Mahindra, Apple CEO Tim Cook and External Affairs Minister S Jaishankar could be seen at the event, amongst many others.
'We are looking at the next target which is to be a $1 billion ARR firm in the next 4-5 years.'
Microsoft will lay off 10,000 workers, about five per cent of its total workforce, its CEO Satya Nadella announced on Wednesday, terming it a hard choice that the tech giant had to make to remain a "consequential company" amid global economic uncertainties. Microsoft is the latest company after Facebook and Amazon to cut jobs as the bloodbath continues in the technology sector in 2023. Describing the current times as "significant change", Indian-origin Nadella said customers who accelerated their digital spend during the Covid-19 pandemic, are now optimising their digital spend to do more with less.
India is expected to overtake the US as the largest developer community on GitHub by 2027, Microsoft chairman and chief executive officer Satya Nadella said during his address to 1,100 developers and technology leaders at the Microsoft AI Tour in Bengaluru on Thursday. India is the fastest-growing market on GitHub, a Microsoft-owned software development platform, with 13.2 million developers using it.
Prime Minister Narendra Modi said on Friday that the combination of technology and talent will be a guarantee for a bright future for the world.
Prime Minister Narendra Modi praised the stellar achievements of Indian Americans in his remarks at the state dinner in which he had his high-profile guests often in laughter.
San Francisco Unicorns, Los Angeles, New York, Seattle Orcas, Texas and Washington DC are the six teams competing in the T20 tournament, to be held in the US in July.
What some of our leaders were up to on Wednesday, January 4, 2023.
Microsoft on Friday (local time) announced that its co-founder Bill Gates has stepped down from the company's board of directors to dedicate more time to his philanthropic priorities including global health and education. Gates will, however, continue to serve as the technology advisor to Microsoft CEO Satya Nadella.
Microsoft Chairman and CEO Satya Nadella along with Alphabet Inc and its subsidiary Google CEO Sundararajan Pichai are also among those from trade and industry who have been awarded the Padma Bhushan for their distinguished services.
Kwatra briefed reporters on the outcomes of the second day of Modi's visit that began in Washington, DC with a grand ceremonial welcome on the South Lawn of the White House.
As Satya Nadella takes over as CEO of technology giant Microsoft, it is a thrilling moment for people of Indian origin in America.
He is only third after US President Barack Obama in the virtual world.
Modi was addressing the State Dinner hosted in his honour by US President Joe Biden and First Lady Jill Biden at the North Lawn of the White House.
"This book is about change," said Nadella.
Five years after USA Cricket shared its plans to launch a domestic T20 tournament, the inaugural edition of the MLC kicked off having assembled an impressive array of investors.
Wojcicki, 54, said in her blog post that she will focus on "family, health, and personal projects I'm passionate about." Wojcicki, who was previously a senior vice president for ad products at Google, became CEO of YouTube in 2014.
Prime Minister Modi's remarks on Thursday came during his address to a joint session of the US Congress. He attributed a big part of the success of India-US ties to Indian-Americans.
Indian billionaires Mukesh Ambani and Anand Mahindra, Apple CEO Tim Cook and corporate leader Indira Nooyi were among the guests. CEOs of Google, Microsoft and Adobe -- Sunder Pichai, Satya Nadella and Shantanu Narayen -- also attended the event.
Nadella was in India last December.
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