Business
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Apple temporarily halts its own Wi-Fi chip development
San Francisco: Tech giant Apple has reportedly halted the development of its in-house Wi-Fi chip “for a while”. Many investors are worried that the tech giant’s efforts to develop its own Wi-Fi…
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WhatsApp working on new software that uses Apple Mac Catalyst
San Francisco: Meta-owned WhatsApp is working on a new Mac app that uses the Apple Mac Catalyst development environment to make better use of system resources. According to AppleInsider, WhatsApp currently provides…
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Google may release Pixel Tablet Pro with Tensor G2 chip
San Francisco: Tech giant Google will reportedly release a Pro version of its upcoming Pixel Tablet, which will feature a Tensor G2 chip. According to leaker Kuba Wojciechowski, the tech giant initially…
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CARS24 now says will hire over 500 after layoffs
New Delhi: After slashing around 600 jobs last year, pre-owned vehicle platform CARS24 on Friday said it will hire more than 500 employees across verticals in the next 3 months. The company…
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Sensex, Nifty go into a tailspin after ‘fraud’ report on Adani group
Mumbai: Benchmark indices Sensex and Nifty plunged over 1 per cent to close at three-month lows on Friday due to selling in banking, financials, utilities and oil shares triggered by an unfavourable…
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Adani loses spot on world’s top five billionaire list as net worth dips
India’s richest person Gautam Adani lost a spot on the list of the world’s top five billionaires after his net worth dipped by USD 20.1 billion today. On Friday, Adani group stocks…
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Spotify back after brief outage
San Francisco: Music streaming platform Spotify on Friday said that it has fixed the issue that affected its website and application. Spotify tweeted: “Everything’s looking much better now! Get in touch with…
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Global smartphone shipments suffer biggest fall in holiday quarter
New Delhi: Global smartphone shipments declined 18.3 per cent (year-over-year) to 300.3 million units in the holiday quarter of 2022, the largest-ever decline in a single quarter. According to an IDC report,…
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BharatPe losses swell in FY22 after change in fair value of CCPS
New Delhi: Fintech platform BharatPe suffered huge losses to the tune of Rs 5,610.7 crore in the financial year 2021-22, due to a one-time non-cash expense related to change in fair value…
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Microsoft, Qcells colab to curb carbon emissions, power clean energy economy
San Francisco: Tech giant Microsoft has announced that it has partnered with global solar leader Qcells to curb carbon emissions and power the clean energy economy. The “strategic alliance” aims to enable…
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US economy expands 2.9 percent in December quarter
Washington: Real gross domestic product (GDP) increased at an annual rate of 2.9 percent in the fourth quarter of 2022. In the third quarter, real GDP increased by 3.2 percent, according to…
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Adani evaluating remedial and punitive action against Hindenburg Research
New Delhi: The maliciously mischievous, unresearched report published by Hindenburg Research on January 24 has adversely affected the Adani Group, our shareholders and investors, the Adani Group said in a statement on…
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Tesla sales up 51% in 2022, net income doubles amid Musk’s Twitter saga
San Francisco: Despite a rocky takeover of Twitter which saw Tesla stock tumbling by over 60 per cent, Elon Musk-in Tesla made more money than ever in 2022, as total revenue grew…
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‘Malafide intention’: Adani Group on Hindenburg Research’s allegations of fraud
Soon after US’s Hindenburg Research investigative report accused Adani Group of the improper wide use of businesses established in offshore tax havens and expressed worry about excessive debt levels, the conglomerate released…
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Oracle introduces new logistics capabilities to boost global supply chains
New Delhi: Cloud major Oracle is introducing new logistics capabilities within its Fusion Cloud Supply Chain and Manufacturing (SCM) offerings, that will help customers cut costs, improve accuracy and automate regulatory compliance.…
