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    The Telegram messaging app, one of the most popular social media platforms in Ukraine and Russia, will likely cross 1 billion active monthly users within a year, its founder said in remarks published on Tuesday. In a rare interview, Pavel Durov told U.S. journalist Tucker Carlson that the Dubai-based free cloud-based app that allows users to send and receive messages, calls and other files, is spreading like a "forest fire". "We'll probably cross 1 billion monthly active users within a year...
  • Pay hikes for city workers will add $1 billion to L.A.'s yearly budget by 2028, report says

    Earlier this year, Los Angeles Mayor Karen Bass negotiated a package of raises and increased benefits for tens of thousands of city workers — money aimed at addressing the rising cost of food, housing and other household expenses. On Friday, the public got its first glimpse of the price tag for those employee contracts. City Administrative Officer Matt Szabo, in a 40-page analysis, said the planned salary agreements with the city's civilian employee unions would add $316 million to the city...
  • Nagarro hits $1 billion revenue mark in FY23

    Munich-based digital products engineering company Nagarro crossed the $1 billion revenue mark in financial year 2023 based on year-end currency rates, growing 9.4% year-on-year on a constant currency basis.Revenue increased from about $908 million in 2022. The company follows a January to December financial year.Listed independently on the Frankfurt Stock Exchange in 2020, when its revenue was $516 million at year-end exchange rates, Nagarro has more than doubled its revenue in the past three...