Pentagon scraps $10-billion, Trump-era JEDI contract to Microsoft

For Amazon and Microsoft, the Pentagon JEDI contract was coveted not for its dollar value as much as its prestige—meeting the US military's security requirements would have been a visible stamp of approval for their cloud businesses.

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DanaMojo raises over Rs 3 crore in funding from Rohini Nilekani, Social Alpha, others

DanaMojo aims to simplify online payments for NGOs and reduce the overall time, energy and cost involved in managing their donations.

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Co-living startup Housr aims to add over 10 cities to portfolio in 18-24 months

Currently, the startup has 16 properties, of which 10 were added during the last few quarters of Covid pandemic.

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The fight by Microsoft and Amazon for the Pentagon JEDI contract

In November 2019, Microsoft beat favourite Amazon for Pentagon's JEDI contract for modernisation of its IT systems, but the Biden administation has now scrapped the Trump era award. Here's a timeline of events.

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Vayana Network brings on board Aneish Kumar as senior business advisor

Kumar comes with more than 38 years of commercial and international banking experience.

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Indian IT industry to post strong recovery with 11% revenue growth in FY22: Crisil

As per Nasscom, the IT services industry grew 2.7% to $99 billion in 2020-21.

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Under fire in many countries, Binance says it's ramping up compliance team

Binance is registered in the Cayman Islands.

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