Business
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Giving up on Windows Phone was a mistake, says Microsoft CEO Satya Nadella
New Delhi: Microsoft Chairman and CEO Satya Nadella has said that the company’s exit from the smartphone business was a mistake which could have been handled better. After struggling to sell Windows…
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Over 18K firms use Azure OpenAI service, paid Copilot users reach 1 mn: Nadella
New Delhi: More than 18,000 organisations now use Azure OpenAI service, including new customers and the company is expanding its reach with digital-first companies with OpenAI APIs, Microsoft Chairman and CEO Satya…
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LG Display remains in red for 6th straight quarter
Seoul: LG Display reported sixth consecutive quarterly losses on Wednesday on sluggish demand stemming from a global economic slowdown, but the deficit decreased from the previous year and quarter. South Korea’s major…
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Microsoft’s net income surges 27 percent amid AI push
San Francisco: Riding on the AI wave, Microsoft reported $56.5 billion in revenue (up 13 percent) and a net income of $22.3 billion, an increase of 27 percent, during its first quarter…
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Bitcoin rocketing higher, topping USD 35,000 for the first time since May 2022
New York: Bitcoin is rocketing higher, topping $35,000 for the first time since May 2022. It’s up 20 per cent over the past five days, a media report said. The famously volatile…
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Market mayhem: Investors’ wealth plunges Rs 7.59 lakh crore
New Delhi: Investors’ wealth eroded by Rs 7.59 lakh crore on Monday as the equity market took a heavy drubbing amid escalating tensions in the Middle East. The 30-share BSE Sensex plunged…
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Employers budget less for pay raises, plan fewer promotions in 2024: Report
San Francisco: While layoffs in the global tech industry continue unabated, employers in the US are planning to budget less for salary raises next year, according to a new report. According to…
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Amazon unveils passwordless passkeys for iOS and web users
Amazon is introducing passkey support for browsers and its iOS mobile shopping app, offering customers a passwordless sign-in option. Users can establish passkeys in their Amazon settings, enabling them to utilize facial…
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Electric cars to increase almost 10 times by 2030: International Energy Agency
Delhi: The energy world is set to change significantly by 2030, based on the current policy settings, which includes almost 10 times as many electric cars on the road worldwide, the International…
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Reliance Industries nearing deal to buy Walt Disney’s India ops
Mumbai: Reliance Industries, controlled by Asia’s richest tycoon Mukesh Ambani, is nearing a cash and stock deal to buy Walt Disney Co.’s India operations, Bloomberg reported. The US entertainment giant might sell…
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Coal production stood at 21L tonnes on Maha Ashtami day, equal to normal day output: Govt
New Delhi: The coal ministry has worked out strategy for ensuring normal production of coal during festival season by way of offering higher wages to the contractual workers during the season. This…
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US oil giant Chevron seals deal to buy Hess for USD 53 billion
New Delhi: American oil giant Chevron Corporation announced on Monday that it has entered into a definitive agreement with Hess Corporation to acquire all of the outstanding shares of Hess in an…
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Wagh Bakri Tea Group scion Parag Desai dies after injury in freak mishap
New Delhi: Parag Desai, the 49-year-old executive director at Gujarat Tea Processors and Packers Limited known for its Wagh Bakri brand of tea, died on October 22 following a severe head injury…
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We’re most secured when comes to protecting IP addresses during calls: Telegram
New Delhi: Encrypted messaging platform Telegram on Saturday said it is the most secure mass market messenger when it comes to protecting IP addresses during calls. The company responded to a cyber-security…