Business
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India accounts for over 75% of Truecaller’s net sales in Q1
New Delhi: India accounted for 75.5 per cent of the total net sales of Truecaller across revenue streams — Truecaller for Business, Premium subscriptions and Ads — in the first quarter of…
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Indian firms must address AI skill crunch in ChatGPT era: Experts
New Delhi: The demand for generative artificial intelligence (AI) skills is gradually increasing in India amid a talent crunch and industry experts said on Thursday, as most organisations in the country enter…
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SoftBank Vision Fund loses massive $32 bn as tech startups bleed
New Delhi: Japanese investment giant SoftBank has posted a record $32 billion loss at its Vision Fund for the fiscal year that ended in March 2023, as funding winter continues amid global…
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Microsoft helped over 3 lakh Indians get water access in 2022
New Delhi: As sustainability becomes one of the top priorities for companies, Microsoft helped provide 3,09,921 people in India with water access last year, the company has said. The tech giant supported…
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Taiwanese company ASUS rejigs India leadership team
New Delhi: Taiwanese tech giant ASUS on Thursday announced the appointment of Eric Ou as Country Head, President and Director of the Systems Group, ASUS India. In addition, the company has promoted…
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Google Pixel 7a with upgraded camera, Tensor G2 chip now in India
New Delhi: Google on Thursday launched its newest A-series smartphone Pixel 7a in India that will be available at a launch price of Rs 39,999 (actual price Rs 43,999) on Flipkart. Google…
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US investment firm Vanguard slashes Ola’s valuation by 35%
New Delhi: The US-based investment management company Vanguard has slashed ride-hailing firm Ola’s valuation by 35 per cent amid global macroeconomic conditions, reducing its worth to about $4.8 billion. According to a…
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Google enters foldable smartphone market with Pixel Fold
New Delhi: Google has announced its first foldable phone called Pixel Fold that is now available for pre-order in the US and will begin shipping next month. The $1,799 Pixel Fold, powered…
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57% of all fraud incidents in India now ‘platform’ frauds: Report
New Delhi: About 57 per cent of all fraud incidents in India are now ‘platform’ fraud, a novel form of economic crime that involves fraudulent activities associated with social media, e-commerce, enterprise…
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Disney+ loses 4 mn subscribers as fresh layoff round approaches
New Delhi: Entertainment giant The Walt Disney Company’s flagship streaming service Disney+ lost four million subscribers in its second quarter that ended April 1, as the company approached its third round of…
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Google to give $100 mn to NYT for 3 years to use its content: Report
New York: Google will give around $100 million to The New York Times over three years as part of a broad deal to use its content on some of its platforms, the…
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LinkedIn lays off 716 employees, shuts China app
New Delhi: Microsoft-owned LinkedIn has laid off 716 employees, as the company makes changes to its Global Business Organisation (GBO), along with shutting down its InCareer app in China. The company’s CEO…
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AI helps create better, simpler hepatitis, Covid-19 tests
New York: Using Artificial Intelligence (AI) US researchers, including one of Indian origin, have developed a simple test that works for both hepatitis C and Covid-19, and delivers results in just a…