Technology
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Google’s parent company Alphabet earned over Rs 2.5 lakh per second in Q1
New Delhi: After seeing its net profit drop by almost 35 per cent in 2022 due to inflation and advertisers’ pullbacks, Google’s parent, Alphabet, has been on a trajectory of growth for…
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Widespread 5G spectrum availability to add $27 billion to India’s GDP: GSMA
New Delhi: The widespread availability of spectrum for 5G is likely to contribute about $27 billion to India’s gross domestic product (GDP) by 2030, a GSMA report said on Tuesday. The organisation,…
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Paytm reports 3 pc decline in Q4 revenue at Rs 2,267 crore
New Delhi: Payment and financial services company Paytm on Wednesday reported 3 per cent decline in its revenue for the fourth quarter of FY24 to Rs 2,267 crore. The decline, said the…
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Snapchat strengthens senior leadership team in India
New Delhi: Social media platform Snapchat on Wednesday strengthened its leadership team in India, a country where it has reached over 200 million monthly active users. The company has hired key people…
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Paytm aims ‘leaner organisation structure’ after Rs 550 crore net loss in Q4
New Delhi: In order to achieve significant cost efficiencies through artificial intelligence (AI)-led capabilities, digital payments major Paytm is planning a “leaner organisation structure” and the “pruning of non-core businesses”, indicating there…
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Domestic air traffic rises to 1.32 crore in April
New Delhi: Domestic air passenger traffic rose by 3.88 per cent to 1.32 crore in April, according to official data released on Tuesday. The traffic stood at 128.88 lakh (1.28 crore) in…
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Started new batches at 240 tuition centres, says embattled edtech firm Byju’s
New Delhi: Embattled edtech company Byju’s said on Tuesday that it has started batches for the 2024-25 academic session at 240 out of its 296 tuition centres, as it struggles to pay…
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Clocked 1.6 times growth in grocery biz, over half deliveries via EVs: Flipkart
Bengaluru: As online grocery delivery market surges in the country, e-commerce platform Flipkart on Tuesday said it has clocked 1.6 times growth (year-on-year) in its grocery business, with more than half of…
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Vodafone Idea to raise Rs 2,075 crore via preferential share allotment to AB Group
Mumbai: Telecom operator Vodafone Idea (Vi) on Tuesday announced it will raise up to Rs 2,075 crore from Oriana Investments (Aditya Birla Group entity) via a preferential share issue. In a regulatory…
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Meta, Match Group, Coinbase, and others team up to prevent and disrupt financial scams
New Delhi: Major tech companies across social media, dating apps, financial institutions, and crypto announced on Tuesday, May 21, a new coalition, Tech Against Scams, to help prevent online fraud and financial…
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Drugmaker Sanofi partners OpenAI, Formation Bio on AI-powered drug development
New Delhi: French drugmaker Sanofi on Tuesday announced that it has partnered with artificial intelligence (AI) company OpenAI and tech-driven pharmaceutical firm Formation Bio to build AI-powered software to boost drug development…
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SpaceX may exceed 90 pc of all Earth payloads to orbit this year: Musk
New Delhi: Billionaire Elon Musk on Tuesday said that his space venture SpaceX is likely to exceed 90 per cent of all Earth’s payload to low-Earth orbit later this year. Musk said…
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US FDA gives nod to Musk’s Neuralink to implant brain chip in 2nd person
New Delhi: Tesla CEO Elon Musk-run brain-computer interface company Neuralink has reportedly received a nod from the US Food and Drug Administration (FDA) to implant its brain chip in a second person.…
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Affordable internet service Starlink now available in Fiji: Musk
New Delhi: Tesla CEO Elon Musk said on Monday that affordable satellite internet service Starlink is now available in Fiji, a day after the billionaire launched the service in Indonesia. Musk said…
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Pine Labs gets nod from Singapore court to shift base to India
New Delhi: Leading merchant commerce platform Pine Labs has received approval from a Singapore court to amalgamate its local entity with its Indian unit and transfer all its assets and properties, effectively…
