Business
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CarTrade Tech completes acquisition of OLX India’s auto business for Rs 536 cr
New Delhi: CarTrade Tech has completed the acquisition of Sobek Auto India Private Limited, the company that owns OLX India’s auto sales division, for Rs 535.54 crore. CarTrade Tech said the acquisition…
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Mobile production crosses 2 bn units under ‘Make in India’ initiative: Report
New Delhi: ‘Make in India’ mobile phone shipments crossed the 2-billion cumulative units mark during 2014-2022, registering a 23 per cent Compound annual growth rate (CAGR), latest research showed on Monday. The…
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From winner to top loser: Adani’s net worth slides as stocks dip in early trade
Gautam Adani, who holds the 24th position on the world’s billionaire list, experienced a decline in his net worth on Monday due to the drop in his companies’ stocks. Today, he stands…
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ChatGPT maker OpenAI likely to go bankrupt by 2024: Report
New Delhi: ChatGPT maker OpenAI is likely to go bankrupt by the end of 2024 if it doesn’t get more funding soon, according to media reports. Analytics India Magazine reported that ChatGPT…
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Musk prepared for battle at Zuckerberg’s residence; Meta founder urges moving forward
San Francisco: Elon Musk and Mark Zuckerberg on Sunday traded barbs at each other before their upcoming cage fight at an epic location in Italy, with the Tesla CEO challenging Meta Founder…
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IBM’s prototype ‘brain-like’ chip promises greener AI
San Francisco: Tech major IBM has said that its prototype ‘brain-like’ chip could make artificial intelligence (AI) more energy efficient. There are growing concerns about the emissions generated by the large warehouses…
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WhatsApp rolling out community examples on iOS beta
San Francisco: Meta-owned messaging platform WhatsApp is rolling out community examples on iOS beta. With this feature, beta users will now be provided with some examples on how to create a community…
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Google introduces new pre-fill feature for Sheets
San Francisco: Google has introduced a new pre-fill feature for the spreadsheet application ‘Google Sheets’. “If you select a range of cells then insert a dropdown chip, manually entered cell data will…
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YouTube testing countdown timer on ad-block warnings
San Francisco: Google-owned YouTube is testing a countdown timer on ad-block warnings. One YouTube user noticed the new timer in the popup’s upper right corner, and later posted a screenshot on Reddit,…
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Lulu Group to raise Rs 22,500 crore ahead of IPO listing
Abu Dhabi-based leading hypermarket chain and mall operator in the Middle East, LuLu Group International, is seeking to raise Dirhams 10 billion (Rs 22,500 crore), ahead of a possible initial public offering (IPO)…
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Toyota recalls around 168K vehicles over fire risk
San Francisco: Japanese automotive giant Toyota has recalled around 1,68,000 recently manufactured vehicles in the US over a potential fire risk. The recall involves certain 2022 and 2023 model-year Toyota Tundra and…
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US cyber safety board to probe Microsoft hack of govt emails
Washington: The US regulators will perform a review of the recent intrusion of government email systems provided by Microsoft, whose handling of the cyber security breach drew scrutiny from federal lawmakers. Secretary…
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Apple to shut its classic iTunes Movie Trailers app
San Francisco: Apple is reportedly shutting down its long-running iTunes Movie Trailers app as it starts hosting movie trailers exclusively in the company’s flagship TV app. Apple’s plan to wind down the…
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India’s tech success has drawn interest from nations keen to digitise economies: MoS IT
New Delhi: India’s success in deploying technology to transform lives has drawn interest from other countries looking to digitise their economies and governance, Union Minister Rajeev Chandrasekhar has said, citing the achievements…
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BharatPe launches new Android PoS machine for merchants
New Delhi: Fintech major BharatPe on Friday launched its new Android point of sale (PoS) terminal called BharatPeSwipe Android that offers multiple modes for digital payment acceptance, including debit/credit cards, UPI, mobile…
