Business
-
Salesforce joins big tech layoffs, to cut 700 jobs: Report
New Delhi: Enterprise software major Salesforce has become the latest tech company to make job cuts, according to a media report on Friday. The company is laying off around 700 employees, said…
-
OpenAI CEO Sam Altman visits S.Korea to meet chip leaders
Seoul: Sam Altman, CEO of US artificial intelligence company OpenAI, has visited South Korea to discuss ways to set up a global network for artificial intelligence (AI) chip manufacturing with key chipmakers…
-
Krutrim becomes India’s 1st AI unicorn with latest funding
New Delhi: Homegrown AI company Krutrim on Friday became the country’s fastest unicorn and also the first AI unicorn in the country, after it closed its first round of funding. The funding…
-
Rupee settles 1 paisa higher at 83.11 against US dollar
Mumbai: The rupee rose 1 paisa in a range-bound trade to close at 83.11 (provisional) against the US dollar on Thursday, as the support from weak American currency overseas was negated by…
-
Reliance Jio, OnePlus join hands to drive 5G innovation in India
New Delhi: Reliance Jio and the global technology brand OnePlus on Thursday announced a strategic partnership aimed at unlocking the full potential of 5G technology in India. The partnership aims to provide…
-
TikTok takes on YouTube, tests 30-minute video uploads
New Delhi: Chinese short-video making platform TikTok is apparently testing to help users upload 30-minute videos in a bid to take on Google-owned YouTube. Social media consultant Matt Navarra first spotted the…
-
Samsung India partners Blinkit to deliver Galaxy S24 series in 10 min
New Delhi: Samsung on Thursday announced a tie-up with quick-commerce platform Blinkit to deliver its newly launched Galaxy S24 series in India. Customers living in Delhi-NCR, Bengaluru and Mumbai can order Galaxy…
-
X adds ‘passkeys’ as login option for iOS users
New Delhi: Elon Musk-run X has added support for “passkeys” as a login option for iOS users in the US. “Today we’re excited to launch Passkeys as a login option for our…
-
Tech Mahindra’s Q3 net falls drastically to Rs 485.9 crore
Chennai: Software player Tech Mahindra Ltd closed its third quarter with a drastic fall in its net profit at Rs 485.9 crore on a lower operational revenue. In a regulatory filing on…
-
WhatsApp working on ‘chat interoperability’ feature to comply with new EU rules
New Delhi: Meta-owned WhatsApp is working on a chat interoperability feature to comply with new European Union (EU) regulations. In the latest iOS app beta version of WhatsApp, WABetaInfo has spotted an…
-
Adani Group to invest in various public sectors of Nepal: Minister
Kathmandu: Nepal Finance Minister Ram Sharan Mahat has said that Adani Group will invest in various public sectors in Nepal including airports and energy sector. “The founder and chairman of the Adani…
-
Vroom to shut its e-commerce operations, cut nearly 90% of jobs
San Francisco: US-based leading e-commerce platform for buying and selling used vehicles Vroom has announced that it is discontinuing its e-commerce operations and winding down its used vehicle dealership business in order…
-
Fintech firm Brex cuts 20% of jobs in restructuring exercise
San Francisco: US-based fintech company Brex has laid off about 20 per cent of its workforce, or 282 employees, in a restructuring exercise. “Today we’re restructuring Brex to become a high-velocity company.…
-
Byju’s seeks fresh funding at nearly $2 bn valuation: Report
New Delhi: Edtech major Byju’s is reportedly seeking new funding at around $2 billion valuation, down from its top valuation of $22 billion in early 2022. The company, which announced its audited…