Technology
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Elon Musk lays off entire Tesla charging network team
New Delhi: Elon Musk has disbanded Tesla’s charging team in a new layoff round, a move which was unexpected and “surprising to everyone”. The layoffs at Tesla’s Supercharger network come despite onboarding…
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Flipkart-owned Cleartrip’s CFO steps down, Akshat Mishra takes over
New Delhi: Flipkart-owned online travel aggregator Cleartrip on Tuesday announced that Aditya Agarwal will step down as Chief Financial Officer (CFO) owing to personal reasons. Akshat Mishra will take over as the…
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Microsoft to invest $1.7 bn in cloud, AI infrastructure in Indonesia
New Delhi: Microsoft on Tuesday announced that it will invest $1.7 billion over the next four years in new cloud and artificial intelligence (AI) infrastructure in Indonesia. The company also announced AI…
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38 kid products sold on Chinese shopping apps have ‘cancer-causing’ substances
Seoul: High levels of chemicals known to cause cancer have been found in 38 products for kids available on the Chinese shopping apps of AliExpress and Temu for South Korean customers, the…
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Getting back to normal: Zerodha’s Nithin Kamath makes first public appearance after stroke
New Delhi: Zerodha Co-founder and CEO Nithin Kamath has made his first public appearance about two months after disclosing that he had suffered a mild stroke. In a post on X, the…
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FirstCry refiles papers for IPO to raise Rs 1,816 crore
New Delhi: Mother and child care e-commerce platform FirstCry has refiled its draft red herring prospectus (DRHP) for an initial public offer (IPO) with the Securities and Exchange Board of India (SEBI),…
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Elon Musk sacking senior Tesla staff to further reduce costs: Report
New Delhi: Elon Musk is firing more people at his electric car company Tesla, after executing layoffs this month that affected 10 percent of its global workforce, a media report said on…
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Chinese lucky number behind decision to launch Tesla robotaxi on Aug 8: Musk
New Delhi: Elon Musk, who just visited China, said on Tuesday that he chose August 8 as the date to launch the robotaxi because 8/8 is a lucky number in that country.…
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Watch: Robotic arm can now fill your petrol tanks in Abu Dhabi
Abu Dhabi National Oil Company (ADNOC) has introduced a robotic arm capable of swiftly refueling vehicles at petrol stations. The company plans to launch a robotic arm by the end of the…
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Google lays off entire python team citing cost-cutting measures
In a recent development, tech giant Google has allegedly fired its entire Python team, a move that has sent shockwaves through the tech industry. The decision, attributed to cost-cutting measures, involves hiring…
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Oister Global launches Rs 440 cr fund to boost India’s consumption-driven sector
New Delhi: Oister Global, which invests in private equity (PE) and venture capital (VC) funds, on Monday announced a Rs 440 crore fund (including Rs 190 crore greenshoe option) to back both…
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OpenAI, UK’s Financial Times ink content licensing deal
London: The creator of the Artificial Intelligence (AI) chatbot ChatGPT OpenAI on Monday inked a partnership pact with UK-based Financial Times (FT) to licence its content and develop AI tools. Under this…
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PayU invests in BRISKPE to simplify global payments for Indian MSMEs
New Delhi: Digital financial services provider PayU, on Monday, announced an investment of $5 million in a seed round in cross-border payments platform BRISKPE to simplify global payments for Indian MSME merchants.…
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I’m a big fan of China, have lots of fans there: Elon Musk
New Delhi: Tesla CEO Elon Musk, on his ongoing visit to China, said that he is a big fan of the country and that many people are his admirers there. The billionaire…
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Generative AI to transform legal tech market with automation
New Delhi: Generative AI (GenAI) has tremendous potential for bringing more automation to the global legal technology sector that is likely to reach $50 billion (in value) by 2027, albeit with some…