Report
- Technology
Banks to spend additional $31 bn on AI to reduce frauds
New Delhi: Banks worldwide are expected to spend an additional $31 billion on artificial intelligence (AI) embedded in existing systems by 2025 to reduce fraud, according to a report. Similarly for banking…
- Business
Intel Meteor Lake chip delayed to 2024, TSMC slows 3nm expansion: Report
New Delhi: The mass production of chip-maker Intels next big flagship processor Meteor Lake is expected to be delayed until 2024, a report has said. According to TrendForce research, Intel plans to…
- Technology
Apple sued by French developers over App Store fees: Report
San Francisco: Tech giant Apple is facing an antitrust lawsuit over its App Store fees that is filed by a group of French iOS app developers. The plaintiffs are accusing Apple of…
- Technology
Users report problems with Nothing smartphone, company clarifies
New Delhi: After some Nothing Phone (1) users took to social media platforms to complain about teething issues with the display along with delivery delays, London-based consumer electronics firm said on Monday…
- Technology
Global smartphone shipments down 9% in Q2: Canalys report
New Delhi: Global smartphone shipments fell to 287 million units in the second quarter (Q2), a massive 9 per cent drop, as component orders are being cut rapidly and suppliers have started…
- Technology
Rivian bids goodbye to nearly 800 employees: Report
San Francisco: With an aim to ramp up future versions of its electric vehicles, electric car maker Rivian has confirmed that it is laying off around 6 per cent of its 14,000…
- Technology
Samsung to drop Galaxy S22 FE to increase S22 Ultra’s production
Seoul: South Korean tech giant Samsung has cancelled the development of the Galaxy S22 FE. However, the series has not been discontinued, media reports say. Samsung has abandoned the Galaxy S22 FE…
- Technology
Musk plans to countersue Twitter to scrap $44 bn deal: Report
San Francisco: Tech billionaire Elon Musk has reportedly planned to file a counter-lawsuit against micro-blogging site Twitter to scrap a $44 billion acquisition deal. Musk’s lawyers are angling to push a Delaware…
- Technology
Subway Surfers mostly downloaded in India, US in June: Report
San Francisco: India, with 14.7 per cent of all downloads, and the US, with 10.2 per cent, had the most Subway Surfers downloads in June of this year, says a new report.…
- Business
IT spending in India to reach $112 bn in 2022 amid global uncertainties
Mumbai: The IT spending in India is likely to reach $114.9 billion in 2022, growing 7.7 per cent from last year, a Gartner reports said on Friday. Global economic uncertainty continues to…
- Technology
Education institutions increasingly being hit with ransomware: Report
New Delhi: Education institutions, both higher and lower education, are increasingly being hit with ransomware, with 60 per cent suffering attacks in 2021 compared to 44 per cent in 2020, a report…
- Technology
Govt panel on EV testing standards to submit report this month
New Delhi: The government-formed committee to formulate new guidelines for electric vehicles (EVs) is set to submit its report this month, sources said on Wednesday. Alarmed at the growing EV fires in…
- Technology
Global EV shipments up 79% YoY in Q1, Tesla leads: Report
New Delhi: With Tesla registering phenomenal growth over a year, the electric vehicle (EV) shipments grew 79 per cent year-on-year (YoY) in the first quarter of 2022 to reach 1.95 million units,…