Business
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Lamborghini to deploy hybrid tech across model range in India by 2024-end
New Delhi: Italian automaker Automobili Lamborghini plans to deploy hybrid technology in its models in India by the end of 2024 as the Italian super sports car maker aims to halve the…
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Abu Dhabi Investment Authority invests $500M in India’s Lenskart
New Delhi: Omnichannel eyewear unicorn Lenskart has signed a definitive agreement with Abu Dhabi Investment Authority (ADIA) to raise $500 million from the authority. The investment is an extension to last year’s…
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Sony to launch ‘PS5 Pro’ gaming console in 2024: Report
San Francisco: Sony will launch its PlayStation 5 Pro (PS5 Pro) gaming console late next year, the media reported. The new console will be the upgraded version of the current PlayStation 5…
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Retail tech platform Dukaan lays off 30% of its workforce
New Delhi: SaaS platform for online stores Dukaan has laid off nearly 30 per cent of its workforce, or around 60 employees — its second layoff in about six months. Inc42 reported…
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Google to launch Pixel Fold in June: Report
San Francisco: Tech giant Google will reportedly launch its upcoming ‘Pixel Fold’ and ‘Pixel 7a’ smartphones in June this year. According to the leaked retail listings viewed by 9to5Google, the Pixel Fold…
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Over 1 mn XR headsets shipped in China in 2022, Pico leads: Report
New Delhi: Extended Reality (XR), Augmented Reality (AR), and Virtual Reality (VR) headsets) shipments crossed 1.1 million units in China in 2022, with Pico gaining the number 1 spot, a new report…
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Meta CEO fires 10K more employees, shuts 5K additional open roles
New Delhi: Meta Founder and CEO Mark Zuckerberg on Tuesday announced to sack an additional 10,000 employees via several job cut rounds in the coming months. In a Facebook post, Zuckerberg said…
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Avoid AI chatbots that don’t appear on company’s website or app, warn researchers
New Delhi: Researchers have warned to avoid chatbots that don’t appear on a company’s website or app and be cautious of providing any personal information to someone users are chatting with online,…
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Samsung lays off 3% employees at US chip subsidiary
Seoul: Samsung Electronics has laid off 3 per cent of employees at its US semiconductor subsidiary — Device Solutions Americas (DSA). Citing sources, BusinessKorea said that Samsung DSA notified all of its…
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Adani’s net worth drops again as stocks bleed today
The Adani Group companies’ stocks, which had been on an upward trend for a few trading sessions, saw a dip today, resulting in a drop of USD 1.7 billion in the net…
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Scientists agree that money can buy happiness
New York: People get happy as they earn more, according to a new study which overturns the dominant thinking that money cannot buy happiness. The study published in Proceedings of the National…
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Retail inflation dips marginally to 6.44 pc in Feb
New Delhi: Retail inflation dipped marginally to 6.44 per cent in February, mainly on account of a slight easing in prices of food and fuel items, as per government data released on…
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Saudi Aramco posts record profit of $161 billion for 2022
Riyadh: Saudi oil giant Aramco has announced a record profit of $161.1 bn for 2022, helped by soaring energy prices and bigger volumes, media reports said. It represents a 46.5 per cent…
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Top VC firms deeply concerned at SVB collapse, Ashneer offers a solution
New Delhi: Top venture capitalist (VC) firms on Saturday issued a joint statement on the collapse of Silicon Valley Bank (SVB), one of the largest US banks serving the global startup community,…
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Microsoft to unveil GPT-4 next week with AI videos
San Francisco: Microsoft plans to release GPT-4 as early as next week, with the ability to create AI-generated videos from simple text prompts. Andreas Braun, Chief Technology Officer at Microsoft Germany, recently…
