Technology
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73% of Indian firms now report being a ransomware victim
New Delhi: The rate of ransomware attacks has increased in India, with 73 percent of organisations reporting they were a victim of ransomware in 2023, up from 57 percent the previous year,…
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Audio streaming platform SoundCloud sacks 8% of workforce
San Francisco: Audio streaming platform SoundCloud has reportedly laid off 8 percent of its workforce as it seeks profitability amid global macroeconomic conditions. The decision mainly affects employees in the US, reports…
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Govt’s IT spending in India to reach $11.6 bn in 2023
New Delhi: The government’s IT spending in India is likely to reach $11.6 billion in 2023, an increase of 10.3 per cent from 2022, a report showed on Wednesday. The government will…
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LG announces OLED TV line-up in India, including 97-inch TV
New Delhi: LG Electronics on Wednesday announced the launch of its highly-anticipated 2023 OLED TV line-up in India, including the massive 246 cm (97-inch) TV. According to the company, the price starts…
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Capgemini launches 6G research lab in India
New Delhi: Technology services major Capgemini on Wednesday announced the launch of a 6G research lab in Gurugram, India. The lab will build advanced test beds and simulators to explore use cases…
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Lenovo India logs $1.9 bn in FY23, over 5 mn products being made locally
New Delhi: Consumer technology major Lenovo on Wednesday said that it registered a total of $1.9 billion in revenue in India in FY22-23. After a year of industry and global uncertainties, Lenovo…
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Richard Branson’s rocket company Virgin Orbit sold for $36 mn, shuts biz
San Francisco: Virgin Orbit, the bankrupt rocket company founded by British billionaire Sir Richard Branson, has shut down operations after selling its business to three aerospace companies for about $36 million in…
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Microsoft brings Bing to ChatGPT as default search engine
San Francisco: Microsoft has announced the integration of Bing Search into OpenAI’s ChatGPT in order to provide more relevant and potentially new responses. Bing will serve as the “default search experience”, allowing…
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Apple signs multibillion-dollar deal with Broadcom to develop 5G components
San Francisco: Apple has announced a new multiyear, multibillion-dollar agreement with the US-based technology and advanced manufacturing company Broadcom to develop 5G radio frequency components, including FBAR filters — and cutting-edge wireless…
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Microsoft launches Azure AI Studio for developers to create their own AI ‘copilots’
San Francisco: Microsoft has launched Azure AI Studio, a new capability within the Azure OpenAI Service that allows customers to combine OpenAI chatbots with their own data — either text or images,…
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Quick-commerce spurs gig jobs in India, 68% rise in delivery job seekers
New Delhi: With the expansion of quick-commerce services, the delivery jobs are back in demand in India and there was a 68 per cent rise in job seeker interest for delivery executive…
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Netflix password sharing crackdown begins, extra member to cost $8 a month
New Delhi: Netflix has started cracking down on password sharing and each extra member who can use the service outside your household will need to pay $7.99 extra each month. The streaming…
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Top S.Korean mobile carriers fined $25.4 mn for false ads on 5G speed
Seoul: South Korea’s antitrust regulator said on Wednesday it has decided to fine the country’s three mobile carriers a combined 33.6 billion won ($25.4 million) for their misleading advertisements on the speed…
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Alibaba to make significant job cuts amid IPO plans
Hong Kong: Chinese internet giant Alibaba is making significant job cuts, reportedly around 7 percent of its workforce, as it plans separate IPOs for its various business groups. In March, Alibaba Group…
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HP introduces new ‘Laser printers’ for home, small businesses in India
New Delhi: PC and printer major HP India on Wednesday introduced a new range of affordable Laser printers to meet the diverse printing needs of home, small and medium businesses (SMBs) looking…