Business
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HP Inc to lay off 100 employees in Israel
Jerusalem: PC and printer major HP Inc is laying off 100 employees and most of the job cuts will be in HP Indigo, which is engaged in the production of digital printing…
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Adani’s net worth dips further as stocks continue to trade in red
Adani Group companies’ stocks have been making headlines due to the recent dip in their values and its impact on the net worth of its chairman and founder, Gautam Adani. Gautam Adani’s…
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After Twitter, Meta announces paid verification for FB, Instagram
Delhi: Inspired by Elon Musk-run Twitter, Meta on Sunday announced it is testing paid verification for Instagram and Facebook for $11.99 per month for the web and $14.99 per month for mobile.…
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India-UAE Business Council launched to boost bilateral trade and investment
Dubai: Marking the first anniversary of the India-UAE Comprehensive Economic Partnership Agreement (CEPA), the two sides have launched the UAE chapter of their joint business chamber to bolster economic ties and facilitate…
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Shining outlook for gold in 2023
Chennai: As in 2022, gold is expected to log double-digit gains this year as per indications, said experts. “The yellow metal has already posted over three percent gains in the month of…
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TRAI directs telcos to improve call services for better 5G experience
New Delhi: The Telecom Regulatory Authority of India (TRAI) has directed telecom service providers to take urgent steps to demonstrate visible improvement in quality of service and quality of experience by consumers,…
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San Francisco gets emptier and emptier, Musk finds it ‘tragic’
San Francisco: Tech leaders and internet stars are lamenting that downtown San Francisco’s real estate market has deteriorated and the city is getting “emptier and emptier”, with Elon Musk calling this “tragic”.…
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Ola group to invest Rs 7,614 cr in TN for lithium ion cell, EV cars
Chennai: Electric vehicle (EV) player Ola Electric Mobility Private Ltd. has signed a Memorandum of Understanding (MoU) with the Tamil Nadu government to invest Rs 7,614 crore to make EV cars and…
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Twitter to soon let users adjust algorithm: Musk
San Francisco: Twitter CEO Elon Musk on Saturday said that the micro-blogging platform will provide users the ability to adjust the algorithm to their “closer match”, in the “coming months”. Musk tweeted:…
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RBI issues draft rules for lending, borrowing of govt securities
New Delhi: The Reserve Bank of India (RBI) on Friday issued draft guidelines for lending and borrowing government securities. It is aimed at improving liquidity and price discovery in the market. The…
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India’s forex reserves post biggest weekly fall in 11 months
New Delhi: India’s foreign exchange reserves fell by $8.3 billion to $566.95 billion in the week ended February 10 its biggest weekly fall in 11 months. According to data released by RBI…
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OpenAI now a maximum-profit company controlled by Microsoft: Musk
New Delhi: Elon Musk on Friday criticised Microsoft for making profits via OpenAI, a non-profit organisation created by him. The AI chatbot ChatGPT, developed by OpenAI which is now a Microsoft company,…
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Meta introduces broadcast channels on Instagram
San Francisco: Meta has introduced new broadcast channels on Instagram, which is a one-to-many messaging tool that will allow creators to engage directly with their followers at scale. Meta CEO Mark Zuckerberg…
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Snapchat crosses over 750 mn monthly active users
San Francisco: Snapchat has crossed over 750 million monthly active users, its parent company Snap announced on Friday. Snap CEO and co-founder, Evan Spiegel, made this announcement at the company’s “Investor Day”.…
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WhatsApp working to bring communities to its Business app
San Francisco: Meta-owned messaging platform WhatsApp is reportedly working to bring communities to its WhatsApp Business application on Android. The platform is not likely to remove the business tab which was introduced…
