Business
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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…
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US-based Invesco further slashes Swiggy’s valuation to $5.5 bn
New Delhi: US-based investment company Invesco has further slashed online food delivery platform Swiggy’s valuation in its holding to about $5.5 billion. According to regulatory filings with the US Security and Exchange…
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Twitter will remove accounts that have had no activity for years: Musk
New Delhi: Twitter CEO Elon Musk said the company will purge inactive accounts on the platform that have been inactive for years, potentially freeing up a number of long-coveted usernames. “We’re purging…
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Dublin-based Aircastle seeks insolvency proceedings against SpiceJet
New Delhi: The next and latest in line after Go First, SpiceJet airline is facing bankruptcy proceedings as the Ireland-based aircraft lessor Aircastle Ltd has moved the principal bench of the National…
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OpenAI’s losses swell to USD 540 million, likely to keep rising
San Francisco: The losses of Microsoft-backed OpenAI, the developer behind highly-successful AI chatbot ChatGPT, reportedly swelled to nearly $540 million last year and are likely to only keep rising. According to The…
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Musk credits father for teaching ‘physics, engineering & construction’
New Delhi: Billionaire Elon Musk on Sunday credited his father for teaching fundamentals of “physics, engineering and construction”. The world’s second richest man said that the teaching of his father Errol Musk,…
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Saudi economy grew by 3.9% in Q1 of 2023
Riyadh: The Kingdom of Saudi Arabia’s economy grew by 3.9 per cent on an annual basis during the first quarter of 2023, compared to the same quarter of 2022. The non-oil activities…
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Sitharaman to review state of economy at FSDC meeting on Monday
New Delhi: Finance minister Nirmala Sitharaman will review the state of the economy amid global and domestic challenges at a meeting of the Financial Stability and Development Council (FSDC) on Monday. The 27th…
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Shoot and scoot policy by Go Airlines and Pratt & Whitney
Chennai: Shoot and scoot seems to be the communication policy being adopted by the two warring groups in the aviation sector – Indias Go Airlines (India) Ltd and the US aircraft engine…
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Amazon acquires Snackable AI to boost podcast offerings
San Francisco: Amazon has quietly acquired audio content discovery engine Snackable AI to strengthen its podcast features for an undisclosed sum, the media reported. The Snackable AI team joined Amazon Music to…
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Rapid continues downsizing efforts, lays off additional 70 workers
San Francisco: The US-based startup Rapid (previously known as RapidAPI), which built out an API (Application Programming Interface) marketplace, has laid off another 70 employees less than two weeks after letting go…
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Bug exposed private Circle tweets to public, admits Twitter
New Delhi: A bug in Twitter exposed Circle tweets, a way to send tweets to select people and share thoughts with trusted friends, to the public users, the Elon Musk-run company has…
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Google’s AI chatbot Bard now available for Workspace accounts
San Francisco: Google has said that it is now making its AI chatbot Bard available to users with Workspace accounts. On the official Bard changelog, Google announced that Workspace accounts can now…
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Go First cancels all flights till May 12
New Delhi: Cash-strapped airline Go First on Friday said it has cancelled all its flights till May 12. The Wadia group-owned carrier has filed a plea for voluntary insolvency resolution proceedings before…
