Business
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Microsoft India announces pre-orders of new Surface devices
New Delhi: Microsoft on Tuesday announced the pre-orders for new Surface products — Surface Laptop 5 and Surface Pro 9 — in India. Surface Laptop 5 is priced at Rs 1,07,999, and…
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Up to 4.78mn Xbox accounts proactively suspended: Microsoft transparency report
San Francisco: Microsoft has released its first Digital Transparency Report for the Xbox gaming platform, in which it revealed that the company took proactive action against throwaway accounts that violated its community…
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NCR areas witness highest YoY decline in new launches
New Delhi: Areas in the National Capital Region (NCR) have witnessed the highest year-on-year (YoY) decline in new launches of residential units amongst the top seven cities in the country, according to…
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Rupee strengthens slightly, stocks steady as inflation moderates
New Delhi: Indian stocks traded largely steady with positive bias on Tuesday morning as data showed retail and wholesale inflation in the country somewhat moderated last month. Retail inflation moderated to a…
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Onus of creating new world order on us, PM tells world leaders at G20 summit
New Delhi: Prime Minister Narendra Modi on Tuesday underlined the need to ensure collective peace, harmony and security in the world. Addressing the G20 summit in Bali, which got underway ealier in…
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RBI imposes penalties on nine cooperative banks for violating compliances
New Delhi: The Reserve Bank of India has imposed monetary penalties on nine cooperative banks on account of various contraventions or non compliances of laid down guidelines. These banks are The Berhampur…
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Bezos says will donate most of his $124 bn fortune in his lifetime
San Francisco: Amazon founder Jeff Bezos has announced plans to donate most of his $124 billion fortune during his lifetime, at a time when the e-commerce giant is reportedly set to lay…
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Amazon plans to lay off 10,000 of its workforce: Report
San Francisco: Amazon is reportedly planning to lay off approximately 10,000 of its workforce in corporate and technology roles beginning this week, a media reported. According to The New York Times, the…
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Road safety body IRF seeks zero percent GST on helmets
New Delhi: Road safety body International Road Federation (IRF) has urged Union Finance Minister Nirmala Sitharaman to make helmets GST-free, seeking zero percent GST on the life-saving wears for the two-wheeler riders…
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SpaceX buys big ad campaign on Twitter for Starlink
San Francisco Elon Musk-owned SpaceX has bought a large advertising package available on Twitter, the micro-blogging platform that he recently acquired. According to internal records from the platform viewed by CNBC, the…
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Crypto.com mistakenly sends Ethereum worth $400 mn to another exchange
San Francisco: Crypto.com has admitted that it mistakenly sent over $400 million in Ethereum digital coins to another crypto exchange called Gate.io. Crypto.com CEO Kris Marszalek said in a tweet that the…
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Twitter now lays off 4,400 contractual workers: Report
Delhi: After firing about 50 per cent of Twitter workforce, or about 3,800 employees, Elon Musk has reportedly laid off at least 4,400 contractual workers at the company. According to reports from…
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Tesla opens its EV connector design to other automakers
San Francisco: Elon Musk-owned electric vehicle company Tesla has started to allow other automakers to use its EV connector design. The Tesla charging connector, which combines AC charging and up to 1…
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Disney set to reduce its workforce, freeze hiring amid revenue drop
San Francisco: Facing a slow revenue growth, Disney has reportedly planned to reduce its workforce and freeze hiring. According to an internal leaked memo from Disney CEO Bob Chapek, seen by CNBC,…
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Crypto exchange FTX files for bankruptcy, CEO Sam Bankman-Fried resigns
San Francisco: The beleaguered crypto exchange FTX on Friday announced it has filed for Chapter 11 bankruptcy in the US, as its Founder and CEO Sam Bankman-Fried resigned from his role. John…
