Business
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Web Werks, Iron Mountain to build 2 data centres with Rs 1,800 cr investment in India
Chennai: IT company Web Werks and Iron Mountain Data Centers on Monday announced to build two new data centres here with over Rs 1,800 crore investment. The two data centres (CHE-1 and…
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India likely to see 70-75% growth in 5G smartphone shipments in festive season
New Delhi: India is expected to see 70-75 per cent annual growth in the 5G smartphone shipments during the ongoing festive season, a new report has said. The country saw a 65…
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Amazon, Flipkart begin festive season war as India looks at Rs 90K cr worth sales
New Delhi: E-commerce giants Amazon, Flipkart, Myntra and others on Sunday began the festive season sales in India which is expected to reach Rs 90,000 crore worth online gross merchandise value (GMV)…
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N.Korea’s Lazarus Group launders $900mn in crypto: Report
New Delhi: Over $7 billion in cryptocurrency has been illicitly laundered through cross-chain crime, with North Korea’s Lazarus Group being linked to the theft of around $900 million between July 2022 and…
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China’s smartphone market sees decline in 1st 8-month of 2023: Report
New Delhi: The smartphone market in China has witnessed a decline in the first eight months of this year, manufacturing only 679 million devices from January to August, down 7.5 per cent…
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Israel stocks plunge after Hamas strike
Tel Aviv: The Tel Aviv Stock Exchange plunges as investors brace for uncertain times on the day after an unprecedented surprise attack on Israel was launched from Gaza by the Hamas terror…
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Ather Energy, Ola Electric see lukewarm response from investors: Report
New Delhi: Despite gaining significant market shares, Indian electric two-wheeler (E2W) market leaders like Ola Electric and Ather Energy are witnessing a lukewarm response from investors amid heavy losses and regulatory uncertainties,…
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Elon Musk congrats Jeff Bezos for successful satellite internet launch
New Delhi: Tesla and SpaceX CEO Elon Musk on Saturday congratulated Amazon Founder Jeff Bezos and the company’s CEO Andy Jassy for successfully launching its first two prototype Kuiper satellites into space…
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OpenAI looking to develop own AI chips, considering acquisition
San Francisco: OpenAI, the maker of Artificial Intelligence chatbot ChatGPT, is looking to develop its own AI chips and has even considered acquiring another company for this purpose, a media report said…
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UAE: Gold prices in Dubai go up; check 24K, 22K rates here
Abu Dhabi: Gold prices rose at the opening of the markets in the United Arab Emirates (UAE) on Friday morning, October 6, ahead of the US non-farm payrolls report. In Dubai, the…
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Nokia establishes 6G lab in India
New Delhi: Nokia on Thursday announced that it has established a 6G lab at its Global R&D centre in Bengaluru. The first-of-its-kind project aims to accelerate the development of fundamental technologies and…
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Samsung launches Galaxy SmartTag2 with Lost Mode, longer battery
Seoul: Samsung Electronics on Thursday announced an all-new Galaxy SmartTag2 to keep track of valuables, that will launch globally on October 11. Galaxy SmartTag2’s Lost Mode allows users to input their contact…