Tech giants Amazon and Microsoft announced layoffs affecting multiple divisions, while SEBI took action against financial influencers for misleading advice. Nvidia faced a significant market value drop due to Chinese AI app DeepSeek. In other updates, Zoho’s Sridhar Vembu steps down as CEO, and Apple released its iOS 18.3 update with improved features.
Nvidia’s $500bn loss, layoffs at Microsoft & Amazon, & more tech news of week
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