Business
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Microsoft ends production of Azure Kinect Developer Kit
San Francisco: Microsoft has announced its decision to end the production of Azure Kinect Developer Kit. “We have made the decision to end production of Azure Kinect Developer Kit, but this is…
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Homegrown crypto exchange CoinDCX lays off 12% of its workforce
New Delhi: Homegrown crypto exchange CoinDCX on Tuesday said it is laying off about 12 per cent of its workforce, as the crypto market continues to navigate the tough macro conditions and…
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AI won’t destroy many jobs but clerical employees at high risk: ILO study
Geneva: Generative artificial intelligence (AI) is more likely to augment than destroy jobs by automating some tasks rather than taking over a role entirely, according to a study by the International Labour…
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Snapchat to feature new generative AI feature ‘Dreams’
San Francisco: Popular social media platform Snapchat will feature a new generative artificial intelligence (AI) feature ‘Dreams’. With this upcoming generative AI feature, the company “will again experiment with AI images– but…
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India remains most stable market in Asia on fundamentals, flows
New Delhi: India’s outperformance in 2Q and 3Q so far is underpinned by strong economic and corporate top-line growth, a policy-driven recovery in investments, expectations of a manufacturing surge driven by global…
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Inflation to remain high for coming months: Economic review
New Delhi: Alhough domestic consumption and investment demand are expected to continue driving growth, global uncertainty and domestic disruptions may keep inflationary pressures elevated for the coming months, warranting greater vigilance by…
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Apple shipped 1 bn units less than Samsung in last decade, now leads the race
New Delhi: Apple shipped over 2.1 billion iPhones in the past decade, almost one billion less than its South Korean competitor Samsung, a new report showed on Monday. However, Samsung’s annual shipments…
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Pioneered by India, QR payments to grow 590% in Southeast Asia by 2028
New Delhi: Pioneered by India, QR Code payments to grow more than 590 per cent in the leading Southeast Asian market by 2028, a new report said on Monday. According to Juniper…
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Sony PS5 standard disc edition to be available at Rs 47,490 for limited time
New Delhi: Sony India on Monday announced that the PlayStation 5 (PS5) console (standard disc edition only) will be available at Rs 47,490 for a limited time. This promotional price will be…
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FPI selling in cash market so far in Aug likely to continue
New Delhi: The rally in global markets, driven by the US economy’s soft landing narrative, appears to be losing steam, says V.K. Vijayakumar, Chief Investment Strategist at Geojit Financial Services. The major…
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Software major Adobe co-founder John Warnock, passes away at 82
San Francisco: Software major Adobe‘s co-founder John Warnock has passed away at the age of 82, media reports said on Sunday. However, the cause of his death was not revealed. “It is…
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Intel makes fresh job cuts, at least 140 laid off in US
San Francisco: Chip-maker Intel is laying off at least 140 more employees in the US to reduce costs — 89 employees at its Folsom R&D campus and 51 in San Jose, California.…