Atos ends talks with DXC for a potential acquisition

Atos and DXC have “agreed to discontinue further discussions” on the acquisition proposal. The combined entity would have created a total workforce of 75,000 people in India.

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GameStop share price breaks below $100 as rout erases $28 billion

Apart from GameStop, other Reddit meme stocks also tumbled — AMC Entertainment Holdings fell 53% and Express Inc. declined 43% — indicating an unwind of the short squeeze.

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Uber to buy alcohol delivery startup Drizly in $1.1 billion deal

The Drizly acquisition gives Uber a broader array for its fast-growing Uber Eats business, which has helped the San Francisco firm cope with a steep decline in ride-sharing.

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ETtech Evening Briefing on 2 Feb. 2021: Elon Musk's Twitter sabbatical, Startup India Seed Fund

From Rs 126 crore more for Startup India Seed Fund in 2021-22 to Elon Musk’s Twitter sabbatical to avoid a “Midas” touch, here’s a look at the top tech news today.

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Eternis acquires Tennants Fine Chemicals for undisclosed amount

The Rajen Mariwala-owned company seeks to expand its range of aroma chemicals and leverage multi-location manufacturing and distribution platforms through the buyout.

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Tech Mahindra set up pandemic task forces to build a future-ready firm

The task forces, which were set up soon after the coronavirus outbreak, “has started delivering results very strongly”, Tech Mahindra CFO Manoj Bhat says.

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Tech billionaire Elon Musk says he's off Twitter 'for a while'

Musk tweeted last week in support of a group of retail investors on website Reddit who had coordinated to buy shares in Gamestop, a struggling games company, pushing the chain's share price up by more than 680%.

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