Business
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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…
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Google, Apple stare at over $50 mn fine for in-app billing irregularities
Seoul: South Korea’s telecommunications regulator said on Friday it seeks to slap up to 68 billion won ($50.42 million) in combined fines against Google and Apple for their violation of the country’s…
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Sleep apnea feature arrives on Samsung Galaxy Watch after approval
Seoul: The new sleep apnea feature on the Samsung Health Monitor app has been approved by Korea’s Ministry of Food and Drug Safety (MFDS), and will be coming to Galaxy Watch series…
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India, UAE sign RuPay domestic card scheme agreement
Abu Dhabi: The NPCI International Payments Ltd (NIPL), a wholly-owned subsidiary of the National Payments Corporation of India (NPCI) ,on Thursday entered into a strategic partnership agreement with Al Etihad Payments (AEP)…
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Saudi Arabia to continue voluntary oil cuts till year-end
Riyadh: The Kingdom of Saudi Arabia (KSA) will continue with one million barrel per day voluntary crude oil production cut until the end of the year, the Saudi Press Agency reported on…
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Amazon to shut live audio service ‘Amp’
San Francisco: Amazon has announced to shut down its live audio service — Amp. Amp lets users to conduct their own live programme, where callers can join and request to speak, reports…