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News on Medial
Inside Capgemini’s $3 billion deal for WNS: All you need to know - The Economic Times
Economic Times
·
1m ago
Medial
Capgemini plans to acquire WNS for $3.3 billion, enhancing its business process outsourcing capabilities. Awaiting shareholder and regulatory approvals, the deal is projected to conclude by late 2025, boosting Capgemini's revenue and margins. The merger positions the company to rival major consulting firms, though concerns persist about AI's impact on the BPO sector. The acquisition is significant, but the financial burden might weigh on Capgemini's balance sheet in the near term.
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Capgemini tightens annual revenue guidance, outlook cautious - The Economic Times
Economic Times
·
9d ago
Medial
Capgemini has revised its full-year revenue guidance to an estimated growth range of -1% to +1% from a previous -2% to 2%, reflecting caution amid uncertain demand and economic conditions. The company announced a 2 billion euro share buyback program and cited geopolitical tensions as a factor in their outlook. Despite a 15% drop in first-half operating profit, shares rose modestly. Capgemini's targets exclude the impact of acquiring WNS for $3.3 billion.
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Startup Lingo – 101 Terms You Need to Know (From A to Z)
Internet
·
3m ago
Medial
Whether you're building on your first startup idea or are a seasoned entrepreneur, there's a good chance you will come across a startup term or phrase you're either unsure of or just need to double-check. We are here to get you up to speed and help decipher all things startup. This definitive word list has everything you need to know to help you on your startup journey. Have this list with you, and you'll always have a reference to be on top of all the jibberish startup lingo 🚀
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Capgemini India to hire up to 45,000 in 2025; focus on AI-ready workforce - The Economic Times
Economic Times
·
6d ago
Medial
Capgemini India plans to hire 40,000 to 45,000 employees in 2025, with a focus on developing an AI-ready workforce, as clients seek cost efficiency. The company is partnering with over 50 colleges for this recruitment drive. This strategy contrasts with Tata Consultancy Services' layoffs and aligns with Infosys' recruitment expansion. Additionally, Capgemini aims to enhance service offerings through a $3.3 billion acquisition of WNS, anticipating a positive impact on earnings despite cautious revenue guidance due to global economic uncertainties.
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Google inks $3 billion US hydropower deal in largest clean energy agreement of its kind - The Economic Times
Economic Times
·
24d ago
Medial
Google has signed a $3 billion deal with Brookfield Asset Management to purchase up to 3 gigawatts of hydropower under 20-year contracts, marking the largest corporate clean power agreement for hydroelectricity. The initiative involves two Pennsylvania hydropower facilities and aligns with Google's $25 billion investment in data centers in the region. This collaboration represents a significant push for clean energy to meet the rising power demands of energy-intensive data centers utilized in AI and cloud computing.
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Meta selects Pimco, Blue Owl for $29 billion data centre financing: Bloomberg - The Economic Times
Economic Times
·
17h ago
Medial
Meta has selected investment firms Pimco and Blue Owl Capital for a $29 billion financing deal to support AI data centre projects in Louisiana. Pimco will manage $26 billion in debt, likely issued as bonds, while Blue Owl will contribute $3 billion in equity. This investment is part of Meta's significant push into developing AI infrastructure, with CEO Mark Zuckerberg focusing on building extensive AI data centres for advancements in their superintelligence unit.
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Ecological rules are economic guard rails - The Economic Times
Economic Times
·
1m ago
Medial
The Supreme Court invalidated a provision in the 2020 Environmental Impact Assessment (EIA) Regulations that allowed regularization of environmental norm violations, reinforcing the need to prioritize ecological well-being over economic activities. This decision aims to align environmental regulations with economic development, urging the government to establish a transparent system addressing violations. Increasing non-compliance costs can discourage breaches, ensuring ecological sustainability complements economic growth and regulatory certainty, crucial for investment and development.
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Inside Microsoft’s complicated relationship with OpenAI
The Verge
·
1m ago
Medial
Cracks are appearing in the Microsoft-OpenAI partnership, a result of OpenAI's growing need for more compute power and desire to reduce dependence on Microsoft. Tensions have heightened around OpenAI's potential acquisition of AI coding tool Windsurf, which it wants exempt from Microsoft's contract. This discord might lead OpenAI to accuse Microsoft of anticompetitive behavior, prompting further regulatory scrutiny, as Microsoft's $13 billion AI investment and partnership terms with OpenAI face potential antitrust violations investigation.
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Do you know which customers actually grow your revenue?
Inshorts
·
3m ago
Medial
All customers aren't equal. Segmenting by behaviour, spend, and retention helps you invest in high-LTV users and avoid over-serving low-yield ones. With RGM, growth isn't just about volume it's about focusing effort where ROI is highest. Targeting the right segment often matters more than scaling reach.
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Grab weighs takeover of rival GoTo at $7 billion valuation
Economic Times
·
6m ago
Medial
Grab Holdings Ltd. is considering acquiring rival GoTo Group, valuing it at over $7 billion in an all-stock deal, aiming to reduce costs and competitive pressures in Southeast Asia's internet market. This potential merger could result in significant cost savings and increased profitability by integrating operations and streamlining financial services. However, past merger discussions faced challenges due to antitrust concerns and disagreements. The companies' growth has slowed amidst economic challenges, influencing current merger talks.
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Inside Google's investment in the AI startup Anthropic
Economic Times
·
4m ago
Medial
Google has strategically invested in AI startups like Anthropic to bolster its position in the AI sector. Holding a 14% stake in Anthropic, Google maintains no voting rights or board influence and is set to further invest $750 million through convertible debt. Overall, Google has invested over $3 billion in the company. This investment activity is under regulatory scrutiny due to concerns over potential monopolistic advantages in the rapidly advancing AI technology landscape.
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