Business
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Microsoft acquires firm developing high-speed cables
San Francisco: Microsoft has announced that it has acquired Lumenisity Limited, a leader in next-generation hollow core fibre (HCF) solutions. Lumenisity’s innovative and HCF product can allow fast, reliable and secure networking…
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Elon Musk could lose world’s richest person title
London: Tesla has lost nearly half its market value since its founder, Elon Musk, bid for Twitter in April, reducing his net worth by about $70 billion and putting his title as…
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Instant grocery delivery app Getir acquires rival Gorillas for $1.2 bn
London: Quick grocery delivery platform Getir has announced that it is acquiring its German rival platform Gorillas in a deal that has been reported to be around $1.2 billion. The Financial Times…
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Cricketer Shikhar Dhawan announces 75 million dollar Global Investment Sports Tech Fund
Abu Dhabi: India opener Shikhar Dhawan on Friday announced that he would be launching a new 75 million dollars Global Investment Tech Fund to focus on innovation across the sports spectrum. The…
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Noise launches affordable smartwatch with Bluetooth calling
New Delhi: Homegrown brand Noise on Friday launched a new affordable smartwatch with Bluetooth calling and a premium 1.85-inch display, to expand its Tru Sync portfolio of smartwatches. Noise ColorFit Loop is…
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Apple spent nearly $100 bn on product innovation in last 5 years
New Delhi: Apple spent close to $100 billion on research and development over the last five years to stay on the top in the innovation race in the technology sector, a new…
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Low-code software platform Airtable lays off over 250 employees
San Francisco: Airtable, a low-code platform for building collaborative apps, has laid off more than 250 employees or 20 per cent of its workforce across business development, engineering and other teams. TechCrunch…
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Ashneer takes a dig at media as BharatPe sues him, family for Rs 88.6 cr fraud
New Delhi: Ashneer Grover took a dig at the media saying that how long are they going to sell the same story about him, after the Delhi High Court issued notice and…
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Sitharaman to present statement on demands for grants for current fiscal in LS
New Delhi: Union Finance Minister Nirmala Sitharaman will present a statement in the Lok Sabha on Friday showing first batch of supplementary demands for grants for the current fiscal. She will also…
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Over 2.15 lakh UDAN flights operated under RCS
New Delhi: A total of 453 routes have commenced, operationalising 70 airports, including two water aerodromes and nine heliports, under the government’s regional connectivity scheme (RCS). The Ministry of Civil Aviation launched…
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Pentagon awards $9 bn Cloud project to Amazon, Microsoft, Google, Oracle
San Francisco: Ending the bitter Cloud war, the Pentagon has awarded its multi-billion dollar Cloud-computing contract to all the major players — Amazon, Google, Microsoft and Oracle – that can reach up…
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Samsung becomes presenting partner of Qualcomm’s esports league
San Francisco: Qualcomm has announced that Samsung Electronics will be the official smartphone partner of its Snapdragon Pro Series in 2023, one of the largest multi-title mobile esports leagues. Snapdragon Pro Series’…
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BharatPe sues Ashneer and wife, asks them to repay over Rs 88 cr for swindling firm
New Delhi: Leading fintech platform BharatPe on Thursday said it has initiated criminal and civil proceedings against its former Co-Founder and Managing Director, Ashneer Grover, his wife Madhuri Jain Grover and their…
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Swiggy may lay off over 250 employees, firm says ‘exits based on performance’
New Delhi: After Zomato, Swiggy may lay off more than 250 employees or up to 5 per cent of its workforce starting this month. The online food delivery platform told IANS on…
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Twitter considering $11 for Blue service with verification for iPhone users
New Delhi: Elon Musk is going to raise the price of Twitter Blue subscription service with verification from $8 to $11 for iPhone users, keeping the 30 per cent cut that Apple…