Business
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IPO-bound Ola Electric recorded operating loss of $136 mn in FY23: Report
New Delhi: IPO-bound Ola Electric has reportedly recorded an operating loss of $136 million (roughly Rs 1,116 crore) and revenue of $335 million (roughly Rs 2,750 crore), missing its revenue goal disclosed…
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Dunzo to pay 12% annual interest on withheld salaries: Report
New Delhi: Homegrown quick-grocery delivery provider Dunzo has promised employees to pay an interest of 12 per cent per annum on the salary component that it held back from June. In addition,…
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Google’s new feature to keep you safe from unwanted Bluetooth tracking
San Francisco, July 28 (IANS) As announced at this year’s developer event Google I/O, the tech giant has started to roll out the “unknown tracker alerts” feature to Android 6.0+ users, which…
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Call of Duty players being infected with self-spreading malware
San Francisco: Players of an old Call of Duty game are being infected by hackers with a worm that automatically spreads in online lobbies. On June 26, a player of Call of…
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Bluesky replacing ‘What’s Hot’ feed with ‘Discover’
San Francisco: Twitter co-founder Jack Dorsey-backed Bluesky has announced that it is replacing the ‘What’s Hot’ feed with a new ‘Discover’ feed. The new Discover feed is a more complex feed that…
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Intel plans to integrate AI across all platforms it builds
San Francisco: During the Q2 2023 earnings call, Intel CEO Pat Gelsinger said that the company plans to “build AI into every product that we build”. Intel will launch Meteor Lake later…
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LinkedIn working on AI assistant ‘Coach’: Report
San Francisco: Professional social networking platform LinkedIn is reportedly working on a new artificial intelligence (AI) assistant named ‘LinkedIn Coach’. The information came from the app researcher Nima Owji. Owji tweeted on…
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Sitharaman says Indian companies can go for overseas listing
Mumbai: Finance minister Nirmala Sitharaman on Friday said Indian companies can now go in for direct listing on foreign exchanges as well as on the International Financial Services Centre (IFSC) bourse in…
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Venture Capital Investment declines to $77.4B: KPMG Report
New Delhi: Venture capital investment globally declined slightly to USD 77.4 billion across 7,783 deals in the June quarter as investors continued to hold back from making large mega-deals amidst uncertainties, a…
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Amazon India announces first-ever floating store on Dal Lake
New Delhi: Amazon India on Thursday announced its first-ever floating store on Dal Lake in Srinagar, Kashmir, as part of its last-mile delivery programme “I Have Space”. Murtaza Khan Kashi, owner of…
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US economy grew stronger than expected in second quarter
Washington: The US economy picked up steam in the second quarter despite punishing rate hikes and still-high inflation, the media reported. Gross domestic product, the broadest measure of economic output, grew by…
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Honor 90 arriving in India in mid-Sept for nearly Rs 45K
New Delhi: Smartphone brand Honor 90 is all set to be launched in India in mid-September for around Rs 45,000 in the premium segment, industry sources told IANS on Thursday. According to…
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Twitter tells brands to spend $1K per month or lose ‘gold’ tick: Report
San Francisco: Elon Musk-run Twitter (now X) is asking brands to spend at least $1,000 per month on ads in order to maintain their verified status — gold checkmark — on the…
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Tech startup Wiom raises Rs 140 cr to make unlimited internet affordable
New Delhi: Homegrown tech startup Wiom focused on democratising internet access in India on Thursday announced that it has raised Rs 140 crore in Series A round. The Series A round was…