Technology
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Unilever to spin off ice cream business, eliminate 7,500 jobs
New Delhi: Unilever, the parent company of Hindustan Unilever, on Tuesday announced to separate its ice cream unit into a standalone business, in a restructuring exercise that will result in nearly 7,500…
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Indian workers with AI skills could see pay hikes of over 54 pc: Report
New Delhi: When artificial intelligence (AI) is fully harnessed, Indian workers with AI skills and expertise could see salary hikes of more than 54 per cent, with workers in IT (65 per…
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Indian SaaS startups poised to create 100 new AI unicorns: Report
Bengaluru: Indian AI software-as-a-service (SaaS) startups are poised for the next wave of innovation, helping create 100 new AI unicorns, a new report showed on Tuesday. The convergence of SaaS, AI and…
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Lenovo launches new lineup of gaming laptops with AI features in India
New Delhi: Global technology brand Lenovo on Tuesday launched the new lineup of Legion gaming laptops in India, with Artificial Intelligence (AI) and next-gen features. The new lineup includes — Legion Pro…
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Relso raises funds from Venture Catalysts, other investors
New Delhi: Relso, a furniture and home furnishings sourcing and export company, on Tuesday said that it raised $840,000 in a pre-seed round led by leading angel-investing platforms Ventures Catalysts and Inflection…
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Flipkart, IIT Delhi to research on personas to boost personalised suggestions
New Delhi: E-commerce major Flipkart on Tuesday said that it signed a Memorandum of Understanding (MoU) with the Foundation for Innovation and Technology Transfer (FITT), the industry interface organisation of the Indian…
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HCLTech, global chip IP provider CAST to offer customised semiconductors
New Delhi: HCLTech and global semiconductor Intellectual Property (IP) provider CAST on Tuesday announced plans to offer customised chips to enable Original Equipment Manufacturers (OEMs) across industries to accelerate their digital transformation.…
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We now have a chip for generative AI era: Nvidia CEO
New Delhi: As big tech companies aims to lead the generative AI race, Nvidia Founder and CEO Jensen Huang has said that they have created a processor for the GenAI era. Huang…
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Cisco completes $28 billion acquisition of cybersecurity leader Splunk
San Francisco: Networking major Cisco on Monday announced it has completed the acquisition of Splunk, the leader in cybersecurity and observability, for about $28 billion in the generative AI era. The acquisition…
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French carmaker Citroen joins India’s BluSmart Mobility to deploy 4,000 EV SUVs
Bengaluru: French carmaker Citroen on Monday joined hands with Indian EV company BluSmart Mobility to expand the homegrown firm’s all-electric fleet in the country. The French company and BluSmart Mobility have signed…
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Netflix, Wavve face probe over alleged unfair biz practices
Seoul: South Korea’s antitrust regulator has launched an on-site inspection into over-the-top streaming platforms Netflix and Wavve on suspicion of their failure to properly notify users of terms of an early subscription…
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B2B retail platform Jumbotail raises Rs 151 crore to tap mass market consumers
Bengaluru: B2B marketplace and new retail platform Jumbotail on Monday said it has raised Rs 151 crore equity capital led by Artal Asia. Heron Rock, Sabre Investment, Arkam Ventures, Jarvis Reserve Fund,…
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Indian IT services industry to see modest 3-5 pc revenue growth in FY25: ICRA
New Delhi: The revenue growth of the Indian IT services industry is expected to improve mildly from 2 per cent in the nine months of the current fiscal year but remain modest…
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Qualcomm unveils Snapdragon 8s Gen 3 chip for flagship Android phones
New Delhi: Chip-maker Qualcomm on Monday announced Snapdragon 8s Gen 3 Mobile Platform for Android flagship smartphones. The Snapdragon 8s Gen 3 will be adopted by major players including Honor, iQOO, realme,…
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Climate-tech startup BNZ Green raises funds to drive low-carbon economy
New Delhi: Blockchain-based climate-tech startup BNZ Green on Monday said it has secured pre-seed funds worth $100,000 from Climate Detox and others. The funds will be utilised primarily for platform development and…