Business
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Google, Meta are highest-paying big tech firms for engineers: Study
San Francisco: Google and Meta (formerly Facebook) tend to pay their software engineers more than their Big Tech counterparts, a new study has shown. According to new data from an anonymous forum…
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US takes 1st action against firm for selling unregistered NFTs with $6 mn fine
Washington: The US Securities and Exchange Commission (SEC) has charged Impact Theory, a media and entertainment company headquartered in Los Angeles, with conducting an unregistered offering of crypto asset securities in the…
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Chamath Palihapitiya’s VC firm tried to sell stake worth $312 mn in startups: Report
San Francisco: Leading venture capitalist Chamath Palihapitiya’s investment firm Social Capital tried to sell its stake worth $312 million in hundreds of startups, the media reported. According to a report in The…
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Microsoft to remove few features from Edge in latest update
San Francisco: Microsoft has said that it will be removing some of the features from its web browser Edge in the latest update. The tech giant will remove five features with the…
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Indian IT industry expected to grow 3-5% revenue in 2024, lower than 2023: Report
New Delhi: The Indian IT industry is expected to see moderate revenue growth of 3 to 5 per cent in FY2024, lower than 9.2 per cent (year-on-year) growth in FY2023, a new…
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Reliance invested over $150 bn in last 10 years, most by any corporate house in India
New Delhi: Reliance has cumulatively invested more than $150 billion in the last 10 years – higher than any other corporate house in India, and comparable to the leading businesses across the…
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NCLAT extends Jalan-Kalrock’s time to repay Jet lenders Rs 350 cr
New Delhi: The National Company Law Appellate Tribunal (NCLAT) on Monday gave more time to the winning bidder Jalan-Kalrock Consortium to pay Rs 350 crore to the lenders of the bankrupt Jet…
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Rupee term loan document executed for GatiShakti rail corridor project in Chhattisgarh
New Delhi: In a major development in PM GatiShakti rail corridor projects in Chhattisgarh, rupee term loan documents were executed between the Central Bank of India under sole banking and the promoters,…
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Tiger Global exits Zomato, offloads remaining shares worth Rs 1,123 crore
New Delhi: US-based investment major Tiger Global, via its VC fund Internet Fund III Pte Ltd, has exited online food delivery platform Zomato by selling its entire shareholding for Rs 1,123.85 crore.…
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Apple may become world’s largest smartphone brand by early 2024
New Delhi: Apple could see a rebound in its stock price ahead of new product announcements in September and could become the world’s largest smartphone brand by 2023-2024, leading Apple analyst Ming-Chi…
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Our investment in India will keep growing: IBM CEO Arvind Krishna
New Delhi: Be it Cloud or artificial intelligence (AI), IT major IBM is bullish on the innovations coming out from its research and development (R and D) centres in India and the…
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Crypto criminals steal over $10bn to date, despite crypto crime slowing down
New Delhi: Crypto criminals have stolen more than $10 billion to date, despite crypto crime slowing down, a new report said on Monday. According to data presented by AltIndex.com, crypto scammers and…
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Regulate bad AI use cases, not whole tech: IBM CEO Arvind Krishna
New Delhi: IBM Chairman and CEO Arvind Krishna on Monday emphasised that artificial intelligence (AI) does need guardrails and regulations to avoid user harm, but the focus should be on regulating bad…
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Hackers use OTP APIs for SMS bombing, 44 Indian APIs exposed
New Delhi: Hackers have developed automated software programmes that exploit OTP (One-Time Password) verification APIs (Application Programming Interface) to flood mobile devices with excessive OTP SMS messages, a new report said on…
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Nita Ambani to step down from Reliance Board; Isha, Akash, Anant appointed non-executive directors
Mumbai: The Board of Directors of Reliance Industries Limited, at its meeting held on Monday, made a recommendation to the shareholders for approval of the appointment of Isha Ambani, Akash Ambani and…
