Technology
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Samsung vows to prioritise retaining its technological supremacy
Seoul: South Korean tech behemoth Samsung Electronics on Tuesday announced its strategic priorities for the new year, emphasising the strengthening of the company’s competitiveness through technological supremacy and adaptability to future changes.…
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Crypto firm Sinohope sees losses grow over 40%, no FTX funds in sight
Hong Kong: Cryptocurrency firm Sinohope Technology (formerly Huobi Technology) reported more than 40 per cent loss for the first nine months of 2023, as its funds are still stuck in the collapsed…
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China’s BYD gears up to topple Musk’s Tesla as world’s top EV maker
New Delhi: Chinese automotive giant BYD has moved one step closer to topple Elon Musk-run Tesla as the world’s top EV manufacturer, after the Shenzhen-based company sold a record 526,000 electric vehicles…
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ChatGPT garners 60% of AI industry’s 24 bn traffic: Report
New Delhi: OpenAI’s chatbot ChatGPT has garnered 60 per cent of the AI industry traffic as the top 50 artificial intelligence (AI) tools attracted over 24 billion visits between September 2022 and…
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Ola Electric clocks highest ever monthly registrations in December
New Delhi: Ola Electric on Monday, January 1, announced that it clocked its highest ever monthly registrations in December 2023, recorded 30,219 registrations, and captured a 40 percent market share in the…
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From Zomato to Oyo, massive surge in orders, bookings on New Year’s Eve
New Delhi: Food delivery platforms like Zomato and Swiggy and quick commerce platforms like Blinkit and Zepto, along with hospitality major Oyo, saw highest-ever orders and bookings on the New Year’s Eve,…
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Foreign net purchases of Samsung Electronics reach all-time high
Seoul: Foreign investors’ net purchases of Samsung Electronics stocks reached an all-time high last year on rising expectations of a recovery in the semiconductor industry, bourse data showed on Monday. Offshore investors…
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We Founder Circle leads early-stage funding in Indian startups in 2023
New Delhi: Founders-led investment firm We Founder Circle (WFC) on Monday said it invested in 103 deals across 82 startups in 2023, thus becoming the largest angel investor network in the country.…
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Spotify users facing massive crashing issues on Android
San Francisco: Several users are facing issues with the Spotify app as it constantly crashes on Android when they try to open the app. According to 9to5Google, the latest beta update for…
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Over 9K employees fired by video gaming firms in 2023
San Francisco: The video game industry saw several rounds of layoffs in 2023, affecting at least 9,000 employees globally. In September, Fortnite game developer Epic Games announced to lay off 16 per…
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Snapdeal logs Rs 388 cr revenue in FY23, reduces losses by 45%
New Delhi: E-commerce platform Snapdeal has registered Rs 388 crore in revenue in FY23, as it significantly reduced losses by 45 per cent to Rs 282 crore in the last financial year,…
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AI to touch every aspect of Indian tech industry in 2024: Top leaders
New Delhi: Leading Indian tech industry leaders said on Saturday that the coming year presents an exciting opportunity for purpose-driven organisations to better serve their communities as we advance in ways of…
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This is how Tesla can produce a Rs 20 lakh EV for Indian masses
New Delhi: Elon Musk looks all set to enter the burgeoning Indian electric vehicle (EV) market in the New Year after several years of dilly-dallying, giving the masses a hope that owning…
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Elon Musk’s X can’t avoid content moderation law: US judge
San Francisco: A judge in the US has ruled that Elon Musk-run X cannot avoid a California law that asks social media platforms to disclose their plans for moderating harmful content and…