Technology

Tesla falls short of 50% growth goal in 2022 amid Musk’s growth goaldistraction

San Francisco: Elon Musk-run Tesla has missed its target of 50 per cent growth in production and deliveries for 2022, as its stock plummeted around 65 per cent amid Musk’s $44 billion…
Zomato co-founder Gunjan Patidar quits in another high-profile exit

New Delhi: Online food delivery platform Zomato’s co-founder and CTO Gunjan Patidar quit after more than 10 years, the company announced on Monday. This is the second high-profile exit at the company.…

Apple to increase battery replacement cost for out-of-warranty iPhones

San Francisco: Apple has announced that it is increasing the cost of out-of-warranty iPhone battery replacements for all models older than the iPhone 14 later this year. “The current out-of-warranty battery service…
International regulation needed for crypto activities, says RBI

New Delhi: Noting that there is turmoil in crypto assets market, the Reserve Bank of India (RBI) has suggested a framework for international regulation of such crypto activities. In it’s financial stability…
Swiggy’s losses jump 2X to Rs 3,629 cr in FY22, layoffs coming

New Delhi: Online food delivery platform Swiggy’s losses doubled to Rs 3,629 crore in FY22 compared to Rs 1,617 crore in the last fiscal year. Total expenses went up 131 per cent…
Crucial meeting of Reliance Capital COC to be held on Tuesday

Mumbai: The Committee of Creditors (COC) of Reliance Capital is scheduled to meet on Tuesday to discuss the Resolution plans of the Torrent Group and Hinduja Group. The legal Advisors to the…
Elon Musk 1st person in world to lose $200 bn in net worth: Report

San Francisco: If you have lost money in shares recently, read this. Tesla and Twitter CEO Elon Musk has become the first person ever to lose $200 billion from his net worth,…

Meta to announce decision on Trump’s return to FB, Insta: Report

San Francisco: Meta is reportedly preparing to announce whether it will allow former US President Donald Trump to return to Facebook and Instagram. The company had previously said it will decide whether…
Tesla may unveil $25K Model 2 car in 2024

San Francisco: Elon Musk-owned electric vehicle company Tesla is expected to unveil its $25,000 Model 2 car in 2024, the media reported. TSLA analysts at Loup Ventures predict that the Model 2…
CarDekho logs Rs 1,600 cr in revenue in FY22, narrows losses by 28%

New Delhi: IPO-bound car search platform CarDekho Group on Monday said it registered 81 per cent growth in consolidated revenue from operations, increasing to Rs 1,598 crore in FY22 from Rs 884…
Smart ring for women to tell heart rate, oxygen level

San Francisco: Healthcare solutions company Movano Health has revealed its smart ring, Evie, which is designed specifically for women, providing them with their health data such as heart rate and oxygen level.…
WhatsApp ends support for many smartphones including two iPhones

Meta-owned WhatsApp has ended support for many smartphones that include two iPhone models. The rest of them are android phones. In order to enhance user experience, WhatsApp regularly sends updates and rolls…
Mark Zuckerberg shares photo with pregnant wife, says “love coming in 2023”

Los Angeles: 2023 is going to be a special year for Meta CEO Mark Zuckerberg as he and his wife Priscilla Chan are all set to embrace parenthood for the third time…
Twitter sued for not paying rent of San Francisco office

San Francisco: Twitter Inc. has reportedly been sued as it failed to pay $136,250 rent for its office space in San Francisco. The landlord, Columbia Reit – 650 California LLC, said that…
Former FTX CEO Sam Bankman-Fried to enter ‘not guilty’ plea

San Francisco: Sam Bankman-Fried, the former CEO of bankrupt crypto exchange FTX, is reportedly set to enter a plea of ‘not guilty’ when he appears before the court on January 3. Bankman-Fried,…