Business

Broadcom addresses unfair practices, proposes measures worth $15.8 mn

Seoul: US chipmaker Broadcom offered 20 billion won ($15.8 million) worth of programmes to address concerns about its alleged violation of competition law, South Korea’s antitrust regulator said on Monday. The Fair…
WhatsApp working on ‘Report status update’ feature on Android beta

San Francisco: Meta-owned messaging platform WhatsApp is reportedly working on a new ‘Report status update’ feature on Android beta. The new feature will allow users to report status updates that might violate…

Street vendors loan scheme has PM Modi’s guarantee: Sitharaman

New Delhi: Finance Minister Nirmala Sitharaman on Sunday said that under the PM SVANidhi scheme, there is no need to submit any documents as guarantee because under it, the guarantee has been…
A merger deal pursuits ‘going well’ despite delay: Samsung CEO

Las Vegas: Samsung’s chief executive officer Han Jong-hee has said the company was still pursuing a merger deal, even though its efforts have hit a snag. The tech company’s deal-making activities were…
Hackers exploiting ChatGPT to write malicious codes to steal your data

New Delhi: Artificial intelligence (AI)-driven ChatGPT, that gives human-like answers to questions, is also being used by cyber criminals to develop malicious tools that can steal your data, a report has warned.…
Google Stadia Cloud gaming shutting down on Jan 18

San Francisco: Google Stadia, the company’s cloud gaming service, will shut down on January 18 after the game failed to gain the traction with users the company had hoped for. The cloud…
Inspired by film, engineer steals $300K from e-commerce site

San Francisco: A former software engineer of the US-based e-commerce website Zulily, has been charged with stealing over $3,00,000 from the site after allegedly being inspired by the 1999 film ‘Office Space’.…

Sacked Twitter workers didn’t get severance as promised, even as Musk fires more

San Francisco: Elon Musk has fired more employees at Twitter from its content moderation team while some of the employees fired in earlier job cut rounds last year did not receive severance…
Inflation in Asian economies to be in comfort zone by mid-2023: Morgan Stanley

New Delhi: Inflation in 90 per cent of the economies in Asia is likely to return to their respective central banks’ comfort zone by mid-2023, said Morgan Stanley, adding that a number…
Term deposit interest rates for senior citizens climbing up

Chennai: With credit disbursals picking up and the Reserve Bank of India (RBI) increasing its lending rates to the banks (repo rate) banks and others are now offering higher interest rates on…
BMW launches two new models including EV

Chennai: Luxury car maker BMW on Saturday announced the launch of its BMWi7 – petrol and electric – powered models. The BMW 740i M Sport is locally produced at BMW Group Plant,…
LG Display showcases 1st autonomous concept car with futuristic displays

Las Vegas: It might not be so far in the future that you will be able to watch a movie on a rollable screen that is automatically extended downwards or check traffic…
LG Electronics Q4 operating profit down 91.2% in Q4

Seoul: LG Electronics estimated its fourth-quarter operating earnings at 65.5 billion won ($51.6 million), down 91.2 per cent from a year earlier. Revenue increased 5.2 percent on-year to 21.85 trillion won, marking…
Ather Energy rolls out biggest upgrade to its EV 2-wheeler software

New Delhi; Homegrown electric vehicle company Ather Energy on Saturday announced that it has rolled out ‘AtherStack 5.0’, the biggest upgrade to its software engine which drives the vehicle. “AtherStack 5.0 will…
Citizen’s new watch uses NASA tech, AI to measure fatigue

Las Vegas: Citizen has launched new CZ Smartwatch which uses artificial intelligence (AI) and space agency NASA research to measure wearers’ fatigue and alertness at Consumer Electronics Show (CES) 2023. The power…