Business
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T-Mobile announces to lay off about 5K workers
San Francisco: US-based wireless network operator T-Mobile has announced to lay off 5,000 employees, or around seven per cent of its workforce, over the next five weeks. The job cuts will largely…
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Driverless cars worse at detecting kids, dark-skinned individuals on street: Study
London: Researchers have uncovered significant fairness issues related to age and skin color in the detection systems of autonomous vehicles, revealing that children and individuals with darker skin are at more risk…
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20 CEOs at Indian startups quit this year amid regulatory concerns, funding winter
New Delhi: Around 20 CEOs of Indian startups have quit their posts this year to date, amid the deepening funding winter and regulatory concerns, a significantly higher number than previous years, the…
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Alternate financing can capitalise on $500 bn SME credit opportunity in India
New Delhi: Digitised businesses in India have a potential credit demand of $220 billion, out of which $165 billion is serviceable today after adjusting for sick and commercially unviable businesses, a report…
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Uber appoints new Director of Business Development for India, S.Asia
New Delhi: Ride-hailing platform Uber on Thursday announced the appointment of Arnab Kumar as Director of Business Development for India and South Asia. Kumar brings over 17 years of experience in the…
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Meta Horizon Worlds’ new update lets users easily block, report others while in Pause
San Francisco: Meta has released a new ‘v124’ update for the social virtual reality (VR) platform ‘Horizon Worlds’, which includes the ability for users to easily mute, block or report other people…
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X announces changes to its API, retires legacy tiers & endpoints
New Delhi: Elon Musk-run X (formerly Twitter) has announced changes to its API (Application Programming Interface) that would retire some of the legacy tiers and endpoints — a move that could again…
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Samsung Electronics to unveil food platform at IFA 2023
Seoul: Samsung Electronics said on Thursday it will unveil a new, integrated food platform, which provides consumers with personalised cooking experiences, at IFA 2023 next month. The platform, Samsung said, is designed…
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Netflix adds 2.6 mn more subscribers in July despite password-sharing crackdown
San Francisco: Despite the password-sharing crackdown, streaming giant Netflix’s subscriber base continues to grow as it added 2.6 million more paid users in the month of July in the US. According to…
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Indian banks set to reward shareholders with the highest dividend in seven years
New Delhi: Indian banks look set to reward shareholders with the highest dividend in at least seven years. The country’s banks are forecast to take their share in aggregate payout across all…
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UAE: Gold prices jump nearly Dh 4 per gram in Dubai
Abu Dhabi: Gold prices in the United Arab Emirates (UAE) on Wednesday evening, August 23, jumped by nearly Dirhams four per gram after the precious metal crossed the 1,900 dollars an ounce…
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News organisations can also get a share of X’s ad revenue: Musk
New Delhi: Tesla and SpaceX CEO Elon Musk on Thursday said that news organisations can also get a share of X’s advertising revenue. In his latest bid to woo journalists after paying…
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Shares of this Adani Group company double investor wealth in less than six months
The shares of Adani Group companies are moving upwards, thereby providing impressive returns to investors. Although all Adani shares are yielding significant returns, Adani Power has doubled investors’ wealth in under six…
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Crypto firms raise $2.3 bn in VC funding in Q2, lowest since Q4 2020
New Delhi: Amid the tightening regulatory landscape, crypto startups secured $2.3 billion from VC rounds in the second quarter (April-June period) this year, the least amount raised since Q4 2020, a new…
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Microsoft introduces Python in Excel
San Francisco: Microsoft has introduced the public preview of the popular programming language Python in Excel. “Today, we are excited to introduce the Public Preview of Python in Excel — making it…
