Technology
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Zomato-backed CureFit cuts 120 jobs in restructuring exercise
New Delhi: Zomato-backed fitness startup CureFit has slashed 120 jobs earlier this week in a restructuring exercise, a media report said on Tuesday. The latest job cuts impacted workers across the company’s…
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Samsung brings live Galaxy AI experiences to India
Mumbai: Samsung on Tuesday inaugurated its first Online-to-Offline (O2O) lifestyle store in India at the Jio World Plaza Mall in Mumbai. Customers will be able to experience and pre-book the latest Galaxy…
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Byju’s revenue reaches Rs 5,298 cr in FY22, losses surge to Rs 8,370 cr
New Delhi: The edtech major Byju’s on Tuesday announced its audited FY22 financial results after much delay, registering operating revenue of Rs 5,014 crore while losses surged to Rs 8,370 crore in…
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Apple releases iOS 17.3 with Stolen Device Protection feature
New Delhi: Apple has released iOS 17.3 — the third major update to the iOS 17 operating system that initially came out in September 2023. With this update, the tech giant has…
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7 in 10 CEOs globally planning to invest in genAI in 2024: Report
New Delhi: About seven out of 10 CEOs globally are planning to invest in generative artificial intelligence (genAI) this year, a new report said on Tuesday. According to the global software-as-a-service (SaaS)…
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GenAI spending from banks to reach $85 bn globally by 2030
New Delhi: The spending on GenAI by banks will reach $85 billion in 2030, from $6 billion globally in 2024 which is a 1,400 per cent growth, a report showed on Tuesday.…
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AI won’t take as many jobs as expected: Study
San Francisco: While researchers around the world expect job losses due to artificial intelligence (AI) soon, a new study has said that AI might not take as many jobs as expected. A…
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Apple says using Vision Pro with some medical conditions may up ‘risk of injury’
San Francisco: Apple has said that using its mixed reality (MR) headset Vision Pro with certain medical conditions might increase the “risk of injury of discomfort”. The tech giant advises to consult…
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Social media use triggers stress, unhappiness among materialistic users: Study
London: The use of social media is associated with risks, especially for people with a highly materialistic mindset, as scrolling down content posted by others can increase stress and unhappiness in such…
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Lamborghini licenses MIT’s Cobalt-free organic battery tech for EVs
San Francisco: Researchers from Massachusetts Institute of Technology (MIT), including one of Indian-origin, have designed a new battery material that could offer a more sustainable, cobalt-free way to power electric cars. Automaker…
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Musk’s X fixes bug that labelled legit posts as ‘sensitive media’
New Delhi: Elon Musk-run X on Monday said it has fixed a bug that caused the platform to incorrectly label numerous posts as ‘Sensitive Media’. According to the company, the vulnerability in…
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VC firm BlackSoil’s investments reach over $30 mn in Q3 FY24
New Delhi: Alternative credit platform BlackSoil on Monday said its portfolio investment reached more than $30 million in the third quarter of current fiscal year (FY24), a 35 per cent growth (year-on-year).…
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Razorpay introduces 2-minute instant refunds on failed UPI transactions
New Delhi: Full-stack fintech platform Razorpay on Monday launched an industry-first ‘instant refunds’ feature on failed unified payments interface i(UPI) transactions in the country. The solution by Razorpay POS will provide instant…
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Musk denies report claiming his AI firm secured $500 mn funding
New Delhi: Tech billionaire Elon Musk has denied the report claiming that his artificial intelligence (AI) company ‘xAI’ secured $500 million in funding toward a $1 billion goal. A report by Bloomberg,…
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India’s smartphone market sees 2% drop in 2023, shipped 148.6 mn units: Report
New Delhi: India’s smartphone market has maintained stability with 148.6 million shipments overall in 2023, witnessing a minor drop of two per cent, a new report has said. According to the market…
