Business news
- Entertainment
Sana Farheen’s modest clothing pitch wows Shark Tank India judges
Mumbai: Sony TV’s Shark Tank India is the Indian version of the popular American TV show Shark Tank. It brings together aspiring entrepreneurs from across the country who pitch their business models…
- World
Argentina’s interest rate soars to 97 per cent as inflation reaches 100 per cent
Buenos Aires: The Central Bank of Argentina raised its key interest rate by six percentage points to 97 per cent in an effort to tackle soaring inflation that has reached 30-year highs.…
- Business
AWS, Microsoft, Google control 64 per cent of global cloud services market
New Delhi: The top three Cloud services providers — Amazon Web Services (AWS), Microsoft Azure and Google Cloud — collectively grew 22 per cent in the first quarter to account for a…
- Technology
Tech billionaire Austin Russell acquires 82 per cent stake in Forbes
San Francisco: Austin Russell, 28-year-old Chairman and CEO of automotive technology company Luminar Technologies, has acquired 82 per cent stake in Forbes Global Media Holdings, that published the Forbes magazine, in a…
- Technology
Stack Overflow lays off 10 per cent of its workforce
New Delhi: Stack Overflow, a question and answer website for programmers, has laid off 10 per cent of its workforce, or 58 employees, amid global macroeconomic pressures and focus on profitability. Prashanth…
- Technology
India accounts for over 75% of Truecaller’s net sales in Q1
New Delhi: India accounted for 75.5 per cent of the total net sales of Truecaller across revenue streams — Truecaller for Business, Premium subscriptions and Ads — in the first quarter of…
- Technology
OpenAI’s losses swell to USD 540 million, likely to keep rising
San Francisco: The losses of Microsoft-backed OpenAI, the developer behind highly-successful AI chatbot ChatGPT, reportedly swelled to nearly $540 million last year and are likely to only keep rising. According to The…
- Tollywood News
Rajamouli reacts after Anand Mahindra asks him to make film on Indus Valley Civilisation
Mumbai: Filmmaker SS Rajamouli has shared a response after Mahindra Group chairman Anand Mahindra asked him to do a film based on Indus Valley Civilisation. Anand took to Twitter, where he re-shared…
- Business
Microsoft to stop making its mice, keyboards, webcams
San Francisco: Microsoft has said that it will no longer manufacture mice, keyboards, and webcams under the Microsoft brand, instead, it will develop Surface-branded PC accessories, which include mice, keyboards, pens, and…
- Business
Nearly 80 per cent of iPhone users now own an Apple Watch
San Francisco: Nearly 80 per cent of smartwatch users who own an iPhone own an Apple Watch, the highest share of any brand, a report has revealed. Google Pixel users come in…
- Technology
British chip giant to raise USD 10 billion in biggest stock market listing this year
London: British microchip designing giant Arm has filed to sell its shares in the US, setting the stage for what could be the biggest stock market listing this year. The Cambridge-based firm…
- Business
Rising tide of interest in doing business with India
Hong Kong: When Tim Cook arrived in India earlier this month to open Apple’s first physical store in the country, he was welcomed like a hero, media reports said.Cook’s visit, the latest…
- Business
Samsung likely headed for first quarterly loss in 15 years: Analysts
Seoul: Samsung Electronics is likely to post an operating loss in the second quarter on a chip downturn and decline in mobile demand, in what will be the first quarterly loss for…
- Business
Lenovo begins laying off employees as PC biz takes a beating
New Delhi: Global technology brand Lenovo has reportedly started laying off employees, as its PC business suffers significantly amid economic downturn. According to a report in CRN, the job cuts at Levono…
- Business
Rupee gains 1 paise to close at 82.11 against US dollar
New Delhi: The rupee consolidated in a narrow range and settled for the day 1 paise higher at 82.11 against the US dollar on Wednesday, as participants remained on the sidelines ahead…
