Technology
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Coinbase sues US SEC over crypto rule-making petition
San Francisco: Leading Blockchain and cryptocurrency platform Coinbase has sued the US Securities and Exchange Commission (SEC) to compel the commission to respond yes or no to its July 2022 rule-making petition.…
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Twitter to prioritise ‘verified’ accounts
New Delhi: Twitter CEO Elon Musk on Tuesday said that verified accounts on the microblogging site will now be prioritised. “Verified accounts are now prioritised,” he tweeted. This development might give special…
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Indian IT spending to slow down to 4.7% this year amid global concerns
New Delhi: Indian IT spending (which includes spending by enterprises, service providers and consumers) is projected to grow by 4.7 per cent in 2023 to $86.7 billion, lower than the earlier 5.8…
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Adobe expands India footprint, opens new office to host 2K employees
New Delhi: Software major Adobe on Monday announced the opening of a state-of-the-art office tower in Bengaluru that will host over 2,000 employees. With over 7,800 employees spread across five campuses in…
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Apple wins major antitrust case against Fortnite maker Epic Games
San Francisco: Apple has won the long-drawn antitrust court battle in the US against Fortnite maker Epic Games over its App Store policies. The ruling is a major setback for Epic Games…
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I wish more Indian kids, including girls, learn coding early: Tim Cook
New Delhi: Coding is the only global language and I wish that more Indian students, including girls, learn coding early in school days so that they can create world-class products and solve…
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AI-driven Microsoft Bing, You.com threaten Google’s Search dominance
New Delhi: New AI features in Microsoft Bing search engine and startup You.com have started to threaten Google’s Search dominance, as users seek more efficient search options. According to AI ethicist and…
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IBM’s Red Hat to lay off about 760 employees globally
New Delhi: Open source solution provider Red Hat will lay off nearly 4 per cent of its global workforce, or about 760 employees, the media reported on Monday. The North Carolina-based software…
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New AI, automation tools in Oracle Fusion Cloud to boost supply chain management
New Delhi; Cloud major Oracle on Monday introduced new AI and automation capabilities across its Fusion Cloud Supply and Manufacturing (SCM) applications to help customers accelerate supply chain planning, increase operational efficiency…
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Twitter a serious danger for traditional media to control the narrative: Musk
New Delhi: Twitter CEO Elon Musk on Monday said that his micro-blogging platform has become a “serious danger” to traditional media outlets, as he restored legacy Blue check marks for influential users…
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Samsung Galaxy S24 may use EV tech to boost its battery: Report
Seoul: Samsung will reportedly use a technology used in electric vehicles to boost the battery of the Galaxy S24 Ultra, which is about 10 months away now. Samsung’s SDI division, responsible for…
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Nothing gears up for industry-first Phone (2), to expand India offline footprint
New Delhi: After ironing out quality concerns in Nothing Phone (1) via 10 software updates, the global technology brand is now geared up to launch Phone (2) soon, with definitive plans to…
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ChatGPT fails when it comes to accounting, finds major study
New Delhi: AI chatbot ChatGPT is still no match for humans when it comes to accounting and while it is a game changer in several fields, the researchers say the AI still…
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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…
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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…
