TSMC Cuts Spending as Profit Drops

Global weakness and slowing demand for chips has triggered the first profit drop at Taiwan Semiconductor in three years. In response, the firm has slashed its equipment budget by almost 30%. Bloomberg's Tim Culpan reports on "First Up." (Source: Bloomberg)

Infosys CEO Resigns After Criticism From Founders
31:49 - Infosys Ltd. Chief Executive Officer Vishal Sikka has stepped down following criticism from the company’s founder. Chief Operating Officer Pravin Rao will become interim CEO. Bloomberg's Caroline Hyde reports on "Bloomberg Technology." (Source: Bloomberg)
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