Google Cloud’s Run Rate Has Crossed $8B

It’s been pretty much time since google has reported anything about its revenues corresponding to its cloud business. In today’s announcement, Google CEO Sundar Pichai stated that the cloud unit has an $8 billion annual revenue run rate despite the…
Co-founder of Tesla and CTO JB Straubel to Step down

Tesla CTO and co-founder JB Straubel have decided to step down from his everyday role as an automaker executive, CEO Elon Musk declared in a conference call with the analysts on Wednesday. The vice president of technology, Drew Baglino, will…
Waymo Drives 10 Billion Autonomous Miles in Simulation

Waymo has declared a new milestone of driving 10 billion miles in simulation which is definitely a crucial achievement since all miles in simulation for its self-driving software are adding up an appropriate training experience. Waymo has probably got the…
Deutsche Bank Plans to Eliminate 18K Jobs

Deutsche Bank is planning to cut its worldwide equities sales along with the trading businesses and cut the investment banking business back for improving the profit margins. In the second quarter, the restructuring plan will lead to a total reduction…