New sponsors named for Invesco Asset Management Company India IIHL and Invesco Limited will now serve as the sponsors of Invesco Asset Management Company India, which was the 16th-largest asset manager in the country as of September. The move positions the firm under the direct backing of these two entities and could influence governance and … Read more
Quarterly Filing Shows Heavy Net Selling A recent filing covering the three months ended in September shows significant activity in the company’s stock. The report revealed that $12.5 billion of stock was sold during the quarter, while $6.4 billion was purchased — a clear case of more sales than spending. Net outflow and what it … Read more
Satya Nadella said the company plans to rebuild its workforce after recent cuts, framing the move as a strategic step in the wake of the AI revolution. While the firm eliminated nearly 6,000 jobs, leadership now wants to grow headcount in a smarter, more targeted way. Why the shift matters The decision reflects a broader … Read more
The public back-and-forth between two high-profile tech leaders heated up after Sam Altman said his Tesla reservation was not canceled and that he faced delays getting a refund. Elon Musk pushed back, saying the problem had been handled quickly. The exchange has drawn attention because it mixes customer service issues with a broader rivalry between … Read more