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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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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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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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…