Technology
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Moody’s slashes India’s economy growth projection to 8.8% for 2022
New Delhi: Global financial services provider firm Moody’s Investors Service has slashed India’s GDP projection to 8.8 per cent for 2022, from 9.1 per cent estimated previously. The rationale behind the cut…
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Broadcom to acquire enterprise cloud services provider VMware for $61 bn
San Francisco: In the second biggest tech deal of the year, chip and software maker Broadcom on Thursday announced to acquire enterprise cloud services provider VMware in a cash-and-stock deal valued at…
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Lenovo India logs $2.2 bn in sales with 38% YoY growth
New Delhi: Global technology brand Lenovo Group on Thursday reported record fiscal year results, with historic highs on both profit and revenue fronts, as its India business reached record high. The total…
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Govts, companies own 8% of all Bitcoin worth $46 bn in the world
New Delhi: The governments and companies own close to 8 per cent of all Bitcoin in the world, roughly 1.6 million Bitcoin (BTC) worth $45.8 billion, and Bulgaria is the major holder…
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OPPO F21 Pro a smashing hit with users, secures 68% overall growth
New Delhi: Global smartphone brand OPPO on Thursday announced that its recently launched smartphone — F21 Pro — has become a super hit with users and secured 68 per cent overall growth…
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Apple reportedly discouraging retail workers from forming a union
San Francisco: As Apple retail store employees move forward to form a union over pay parity and other issues, the tech giant’s vice president of people and retail, Deirdre O’Brien, is reportedly…
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Musk drops Tesla loans from $44 bn Twitter takeover
San Francisco: In a relief for Tesla shareholders, Elon Musk has committed to provide an additional $6.25 billion in equity financing for his $44 billion Twitter takeover, bringing his total equity commitment…
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Amazon opens its first physical clothing store in US
San Francisco: Amazon has opened its first physical clothing retail store in the US, as the e-commerce giant in March announced to shut down more than 60 of its retail stores, including…
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Front suspension of Ola Electric scooter broke while riding, claims user
New Delhi: In yet another tragic incident involving Ola Electric Scooter, a user has claimed that his Ola S1 Pro’s front suspension broke down while riding. On the microblogging site Twitter, Sreenadh…
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Jack Dorsey steps down from Twitter’s board
San Francisco: Jack Dorsey has stepped down from the Twitter board of directors, as Tesla CEO Elon Musk fights with the micro-blogging platform to reveal the actual number of fake/spam accounts. Dorsey…
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Nothing Phone (1) likely to come with transparent design
London: Consumer tech brand Nothing is likely planning to launch its first smartphone, Nothing Phone (1), with a transparent design on July 21. The brand is targeting a price range of around…
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Elon Musk drops Tesla loans from $44 bn Twitter takeover
San Francisco: In a relief for Tesla shareholders, Elon Musk has committed to provide an additional $6.25 billion in equity financing for his $44 billion Twitter takeover, bringing his total equity commitment…
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Global economic instability will affect tech sector: Sundar Pichai
San Francisco: Alphabet and Google CEO Sundar Pichai has said that the current global macroeconomic conditions will severely affect the tech sector. The world is going through acute supply chain issues and…