Business
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Microsoft Teams, Outlook suffer major outage in India
New Delhi: Microsoft’s Teams, Outlook and some other services went down in some parts of India on Wednesday as users reported facing several issues. As of now, 63 per cent of users…
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Microsoft logs slowest quarter growth in 6 years, PC sales nosedive
New Delhi: Microsoft has recorded its slowest sales growth in more than six years in its December quarter of 2022, as it took a $1.2 billion hit after laying off 10,000 people…
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US’s Hindenburg Research alleges fraud in Adani group’s dealings
Hindenburg Research, a well-known short seller in the United States, disclosed short positions in the Adani Group on Wednesday, accusing the conglomerate of the improperly wide use of businesses established in offshore…
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Hyderabad: Akasa Air to operate daily flights from Jan 25
Hyderabad: In view of business expansion, Akasa Air launched its 13th destination in the city and will be operating daily flights from the city beginning January 25. Its inaugural flight from Hyderabad…
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BharatPe appoints 3 top executives amid legal battle with Ashneer
New Delhi: IPO-bound fintech platform BharatPe on Tuesday announced three key appointments, along with hiring Ambuj Bhalla as its Chief Information Security Officer (CISO), as it fights a legal battle with former…
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Jeff Bezos to sell Washington Post to buy NFL team Commanders: Reports
New York: Amazon founder Jeff Bezos is likely to sell the American newspaper Washington Post to buy the football team Washington Commanders, according to the New York Post. The Washington Post is…
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Bengaluru: HARMAN takes legal action against dealers selling its counterfeits
Bengaluru: HARMAN, a subsidiary of Samsung Electronics, on Tuesday said it has taken strict legal action against dealers involved in the manufacture and sale of fake JBL and Infinity Car Audio products…
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Cut 20% jobs at Alphabet, key investor tells Sundar Pichai
New Delhi: Hedge fund billionaire and investor Sir Christopher Hohn has told Alphabet and Google CEO Sundar Pichai to reduce more jobs and bring the headcount to 150,000, that would require him…
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Hero Electric partners with Maxwell Energy for Battery Management Systems
New Delhi: Electric two-wheeler maker Hero Electric on Monday announced a long-term partnership with motor vehicle manufacturer Maxwell Energy Systems for their advanced Battery Management Systems (BMS). As part of this partnership,…
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FuelBuddy raises $20 mn, aims to expand global footprint
New Delhi: Mobile energy distribution platform FuelBuddy on Monday said it has raised $20 million from global conglomerates. With these funds, FuelBuddy said it is poised for an aggressive expansion in India,…
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Apple’s new patent reveals crack-resistant foldable display tech
San Francisco: Apple’s latest patent has revealed a new foldable display that is designed to be crack-resistant. The new patent was granted by the US Patent and Trademark Office and has patent…
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Why Musk hates alcohol but likes red wine in a fine glass
San Francisco: Twitter CEO Elon Musk on Monday said that he doesn’t like “most” alcohol but thinks that red wine is “quite beautiful” in a “fine glass”. It all started when @NicoleBehnam…
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Hyderabad: In a first, Amazon launches Amazon Air in India
Hyderabad: In a bid to enhance the transportation network and facilitate faster deliveries, Amazon launched Amazon Air at GMR Aero Technic on Monday. Telangana IT minister KT Rama Rao (KTR) formally launched…
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Vistara reports net profit, crosses $1bn revenue mark in FY23
New Delhi: Vistara, a joint venture of Tata Sons and Singapore Airlines, has reported a net profit (excluding unrealized foreign currency loss and non-operating income) for the quarter that ended December 2022.…