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Walmart Confirms It Paid Most of $1 Billion Tax to Move PhonePe Headquarters to India

Walmart late on Wednesday confirmed that it had already paid the Indian government most of the nearly $1 billion (roughly Rs. 8,300 crore) in tax owed after digital payments company PhonePe, which the US retailer owns through Flipkart, shifted its headquarters from Singapore to India.Walmart bought a controlling stake in Indian e-commerce giant Flipkart in 2018, giving it ownership of PhonePe. The company said last month it had completed the separation of PhonePe from Flipkart, adding that it…

How Amazon Uses AI to Automate Work at Its Corporate Headquarters

Nearly all companies will soon have workplace artificial intelligence on par with the tech giantsHumans are predictable, Amazon knows it well. “Pick a ZIP code, and Amazon can pretty much tell you what people wear, buy and do in that ZIP code,” said Neil Ackerman, an ex–Amazon general manager. “Go from house to house. They wear the same clothes, they eat the same food, they decorate the same, they buy the same stuff. It could be different colors, but they’re mostly predictable.” With 25 years of data at its disposal,…

Amazon and Ancient Tribe Face Off Over Cape Town Headquarters

Lawsuits and protests have delayed the tech giant’s plans to build a regional hub. On the outskirts of Cape Town, at the base of Table Mountain and set back from a tangle of freeways, the Liesbeek and Black rivers meet in a small stretch of marshland. The 37-acre plot isn't pristine — it lies next to a railyard and was until recently home to a golf course — but for centuries, this land has been sacred ground for the Khoisan, a southern African tribe that traces its lineage back more than 100,000 years. In the near

Office Rooms Turn to Bedrooms! Elon Musk’s new change to Twitter Headquarters

Elon Musk’s new change to Twitter Headquarters was presumed to remain “hardcore” staffers  Twitter’s new boss, Elon Musk’s new change to Twitter Headquarters. According to a report, Elon Musk has converted several rooms in the office into small sleeping quarters at the Twitter headquarters in San Francisco, and the rooms have mattresses, curtains, and giant conference-room telepresence monitors with bright orange carpeting, a wooden bedside table, a queen bed, table lamp, and two office armchairs.…

PepsiCo to Lay Off Hundreds of Workers in Headquarters Roles

PepsiCo Inc. is laying off workers at the headquarters of its North American snacks and beverages divisions, a signal that corporate belt-tightening is extending beyond tech and media, according to people familiar with the matter and documents reviewed by The Wall Street Journal. Hundreds of jobs will be eliminated, one of the people said. The cuts affect the company’s North America beverage business, which is based in Purchase, N.Y., and its North America snacks and packaged-foods business, which has…

Elon Musk Let That Sink in Twitter HeadQuarters & Toon Finance Exploding

Elon Fires Twitter workers as Toon Finance Presale Blasts off Elon lays the hammer down as Toon Finance races to the top of CoinMarketCap’s most trending list becoming #1. This is a no brainer for any of you presale lovers out there. Toon Finance just released their presale and the community couldn’t be happier with the coin becoming the hottest and most searched presale of the year. This is mega huge, they even discussed putting up Billboards all across the world. With the coin growing each and every day gaining…

Elon Musk visits Twitter headquarters ahead of takeover bid

Tesla CEO, Elon Musk, on Wednesday visited Twitter’s headquarters ahead of his $44 billion Twitter takeover bid. Mr Musk disclosed this in a nine-second tweet video of himself smiling and carrying a sink to the building. The visit came days ahead of the deadline to complete his Twitter takeover bid. Delaware’s court of chancery has given Mr Musk until Friday to close an agreement to acquire the company. Mr Musk in a tweet on Wednesday said “Entering Twitter HQ – let that sink in.” “Meeting a lot of cool people…

Elon Musk Lugs Sink Into Twitter Headquarters, Updates Twitter Profile to ‘Chief Twit’

Elon Musk, the billionaire poised to acquire Twitter later this week, strolled into the company's headquarters Wednesday carrying a porcelain sink and tweeting “Entering Twitter HQ - let that sink in!” Musk's $44 billion deal to take Twitter private faces a Friday deadline, although the video he posted offered no evidence that the acquisition is complete. Twitter and Musk representatives had no comment on that question, although Twitter did confirm that Musk's video tweet was real. Musk also changed his Twitter profile to…

Kanye West and crew escorted out of Skechers headquarters

Kanye West and crew showed up at Skechers’ headquarters in Manhattan Beach on Wednesday without an invite, and the shoe company was definitely not having it. “Kanye West — also referred to as Ye — arrived unannounced and without invitation at one of Skechers’ corporate offices in Los Angeles,” the company said in a statement. “Considering Ye was engaged in unauthorized filming, two Skechers executives escorted him and his party from the building after a brief conversation.”Skechers said it had “no intention” of working…

Elon Musk Visits Twitter Headquarters in San Francisco Ahead of Friday Deal Deadline

Elon Musk visited Twitter Inc.’s TWTR 1.08% San Francisco office Wednesday, days ahead of a deadline to complete his acquisition of the social-media platform.Twitter told employees in an internal message that they will hear directly from Mr. Musk on Friday, according to an internal note reviewed by The Wall Street Journal. “Entering Twitter HQ—let that sink in!” Mr. Musk tweeted, along with a video of himself…