Business

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…
Samsung confirms to launch Galaxy S23 series on Feb 1

San Francisco: Tech giant Samsung’s Colombia website has revealed that the Galaxy S23 series will be launched on February 1 this year. The website posted a page of the Unpacked event a…
Cisco lays off nearly 700 employees in SF Bay Area in US

San Francisco: Networking giant Cisco has laid off nearly 700 positions in the Bay Area — including 80 at its San Francisco offices. According to SFGATE, the tech company has laid off…
Apple not planning to launch iPhone SE 4 in 2024

San Francisco: Tech giant Apple is reportedly not planning to launch the fourth-generation iPhone SE next year. According to analyst Ming-Chi Kuo, the iPhone maker has informed suppliers that it has cancelled…
Sony, Manchester City building a metaverse

Las Vegas: Tech giant Sony has shown a brief look of the metaverse experience it is building with the football club Manchester City at the Consumer Electronics Show (CES) 2023. Sony and…
Mercedes-Benz India logs 41 pc growth in sales in 2022

Chennai: Luxury car maker Mercedes-Benz India closed 2022 selling 15,822 cars, logging 41 per cent growth over the previous year. According to the company, it has retained its leading position in the…
Jio 5G services to start in Jaipur, Jodhpur and Udaipur from Jan 7

Jaipur: Reliance Jio consumers will start getting 5G service in three cities of Rajasthan from Saturday. The company is going to start 5G in Jaipur, Jodhpur and Udaipur. Chief Minister Ashok Gehlot…
Edtech platform LEAD acquires Pearson’s K-12 local learning biz in India

New Delhi: Edtech company LEAD on Friday announced it has entered into an agreement with leading learning company Pearson to acquire its local K-12 learning business in India for an undisclosed sum.…