Technology

FPIs sold equities worth Rs 27,000 crore in January

New Delhi: FPIs continued to be sellers in the cash market having sold equity worth Rs 27,664 crores through January 25, said V K Vijayakumar, Chief Investment Strategist, Geojit Financial Services. FPIs…
Flipkart co-founder Binny Bansal officially exits board

New Delhi: Flipkart co-founder Binny Bansal has officially exited the e-commerce platform’s board after more than 16 years. Sachin Bansal, the other co-founder, left the board in 2018. After leaving Flipkart, Sachin…

Apple announces changes to iOS, Safari, App Store ahead of EU DMA Act

San Francisco: Apple has announced changes to iOS, Safari, and the App Store in the European Union in response to the Digital Markets Act (DMA) coming into force in March. For users,…
Epic Games CEO terms Apple EU App Store changes as ‘hot garbage’

San Francisco: Tim Sweeney, CEO of Epic Games, has termed Apple changes to its App Store in the European Union ahead of the Digital Markets Act (DMA) as “hot garbage”. His company,…
Salesforce joins big tech layoffs, to cut 700 jobs: Report

New Delhi: Enterprise software major Salesforce has become the latest tech company to make job cuts, according to a media report on Friday. The company is laying off around 700 employees, said…
OpenAI CEO Sam Altman visits S.Korea to meet chip leaders

Seoul: Sam Altman, CEO of US artificial intelligence company OpenAI, has visited South Korea to discuss ways to set up a global network for artificial intelligence (AI) chip manufacturing with key chipmakers…
Krutrim becomes India’s 1st AI unicorn with latest funding

New Delhi: Homegrown AI company Krutrim on Friday became the country’s fastest unicorn and also the first AI unicorn in the country, after it closed its first round of funding. The funding…

Reliance Jio, OnePlus join hands to drive 5G innovation in India

New Delhi: Reliance Jio and the global technology brand OnePlus on Thursday announced a strategic partnership aimed at unlocking the full potential of 5G technology in India. The partnership aims to provide…
TikTok takes on YouTube, tests 30-minute video uploads

New Delhi: Chinese short-video making platform TikTok is apparently testing to help users upload 30-minute videos in a bid to take on Google-owned YouTube. Social media consultant Matt Navarra first spotted the…
Samsung India partners Blinkit to deliver Galaxy S24 series in 10 min

New Delhi: Samsung on Thursday announced a tie-up with quick-commerce platform Blinkit to deliver its newly launched Galaxy S24 series in India. Customers living in Delhi-NCR, Bengaluru and Mumbai can order Galaxy…
X adds ‘passkeys’ as login option for iOS users

New Delhi: Elon Musk-run X has added support for “passkeys” as a login option for iOS users in the US. “Today we’re excited to launch Passkeys as a login option for our…
Tech Mahindra’s Q3 net falls drastically to Rs 485.9 crore

Chennai: Software player Tech Mahindra Ltd closed its third quarter with a drastic fall in its net profit at Rs 485.9 crore on a lower operational revenue. In a regulatory filing on…
WhatsApp working on ‘chat interoperability’ feature to comply with new EU rules

New Delhi: Meta-owned WhatsApp is working on a chat interoperability feature to comply with new European Union (EU) regulations. In the latest iOS app beta version of WhatsApp, WABetaInfo has spotted an…
Vroom to shut its e-commerce operations, cut nearly 90% of jobs

San Francisco: US-based leading e-commerce platform for buying and selling used vehicles Vroom has announced that it is discontinuing its e-commerce operations and winding down its used vehicle dealership business in order…
Fintech firm Brex cuts 20% of jobs in restructuring exercise

San Francisco: US-based fintech company Brex has laid off about 20 per cent of its workforce, or 282 employees, in a restructuring exercise. “Today we’re restructuring Brex to become a high-velocity company.…