New Delhi, June 19 (IANS) The video game industry’s layoff crisis continues unabated, with Bungie among the latest major developers to announce cuts and around 3,700 verified job losses recorded globally in the industry in 2026 so far, a report said on Friday.The report from TradingPlatforms said that the total layoff in gaming studios worldwide certainly exceeds 4,000 when unverified cuts, undisclosed reductions and studio closures are added to verified layoffs.It cited data showing that layo…
Latest Technology Sector News & Updates
Mumbai, June 19 (IANS) IT stocks came under selling pressure on Friday, with the Nifty IT index plunging more than 6 per cent after global technology services firm Accenture cut its revenue growth guidance and flagged a weaker demand environment, reigniting concerns over the pace of recovery in global technology spending.The technology index declined as much as 6.43 per cent or 1,831 points to hit an intraday low of 26,634.50 at around 10:25 am, making it the worst-performing sectoral index in e…
Washington, June 9 (IANS) A Republican congressman is pushing legislation to permanently impose a $100,000 H-1B visa requirement after a federal judge struck down President Donald Trump’s attempt to implement the measure through executive action. Rep. Mike Kennedy of Utah said Tuesday that Congress should now enact the administration’s H-1B reforms through legislation, following a court ruling that such a major change must come from lawmakers rather than the White House.“An activist judge step…
New Delhi, June 7 (IANS) Artificial intelligence has emerged as the leading reason behind job cuts in the United States this year, with AI-driven layoffs in the first five months of 2026 already surpassing the combined total recorded over the previous two years, according to a report by outplacement firm Challenger, Gray & Christmas.The report showed that US employers announced more than 97,000 job cuts in May 2026, making it the highest May layoff total since the onset of the Covid-19 pande…
Washington, April 9 (IANS) The Hindu American Foundation (HAF) has approached a US appeals court, arguing that California’s civil rights regulator has wrongly linked caste discrimination to Hinduism and targeted Indian and South Asian communities, in a case that could shape how caste is addressed in US workplaces.In a reply brief filed on April 6 before the Ninth Circuit Court of Appeals, HAF urged the court to remove what it called procedural hurdles that led a lower court to dismiss its laws…
New Delhi, April 6 (IANS) Salary increments across India Inc are expected to remain largely stable in 2026, with average hikes projected at 9.1 per cent, slightly higher than the 9 per cent increase recorded in 2025, a new report said on Monday.The “Deloitte India Talent Outlook 2026” report by Deloitte, based on a survey conducted earlier this year across multiple sectors, indicated that companies are now settling into a steady pattern of annual pay increases after the sharp fluctuations se…
Shillong, April 1 (IANS) Meghalaya Chief Minister Conrad K. Sangma said on Wednesday that satellite-based internet services through Starlink will have a “transformative impact” on last-mile connectivity in the state, particularly in remote and underserved regions. Speaking after witnessing the signing of a Letter of Intent between the Meghalaya government and Starlink India via video conference, Chief Minister Sangma emphasised that connectivity remains a key challenge despite sustained efforts …
Washington, March 27 (IANS) The US Department of Labor has proposed new rules to raise wages for foreign workers under H-1B and other visa programmes.The move aims to align foreign worker pay with US market wages. Officials say it will protect American workers and reduce misuse of the system.“The Trump Administration is committed to ensuring that American workers are not disadvantaged by unfair wage practices,” Labour Secretary Lori Chavez-DeRemer said.The proposal changes how “prevailing …
New Delhi, Feb 16 (IANS) Union Minister of State for Commerce and Electronics and IT Jitin Prasada on Monday described the five-day AI Summit as the “Mahakumbh for artificial intelligence”, saying that the scale and participation reflect a historic moment for India’s digital journey.In his address at the ‘AI Impact Summit 2026’ in the key session, titled ‘From AI User to Creator’, he made a call to all innovators and entrepreneurs to embrace AI and develop new solutions through it that can…
Washington, Feb 12 (IANS) A top military officer nominated by President Donald Trump to lead US Cyber Command and the National Security Agency has warned that China is aggressively seeking advanced American AI chips to power next-generation weapons systems. “I agree that China is aggressively seeking to acquire advanced AI chips to accelerate its development of AI-enhanced weapons,” Lieutenant General Joshua Rudd said in written responses to questions from Senator Elizabeth Warren.Rudd’s r…