Technology
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Apple to shut down ‘Pay Later’ service, launching ‘installment loans’
San Francisco: Apple has announced to shut down its buy now, pay later (BNPL) service called ‘Apple Pay Later’ in the US. The service, which let users take out “pay later” loans…
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Zomato may buy Paytm’s movie ticketing business: Reports
New Delhi: Online food delivery platform Zomato is in advanced discussions to buy Paytm’s movie ticketing and events business, according to multiple reports. This move aligns with Zomato’s plan to expand its…
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X banned over 2 lakh accounts for policy violations in India in May
New Delhi: Elon Musk-run X Corp has banned 2,29,925 accounts in India between April 26 and May 25, mostly for promoting child sexual exploitation and non-consensual nudity. The microblogging platform, going through…
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We’re striving for human-centric AI development: PM Modi
Apulia (Italy): Prime Minister Narendra Modi said on Friday that India is striving for a better future through human-centric artificial intelligence (AI) development. Addressing the world leaders at the G7 Outreach Session…
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Airtel pre-pays Rs 7,904 crore to clear deferred liabilities for spectrum
New Delhi: Bharti Airtel on Friday said it has prepaid Rs 7,904 crore to the Department of Telecom (DoT) to clear high-cost deferred liabilities for spectrum acquired in 2012 and 2015. In…
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Hyundai Motor India files draft papers for Rs 25,000 crore IPO
Mumbai: Hyundai Motor India Limited, the Indian arm of the South Korean auto giant, on Saturday, filed its draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI)…
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Can’t wait for OpenAI to have access to my phone: Musk
New Delhi: After criticising Apple-OpenAI collaboration on ChatGPT’s integration with iPhones, tech billionaire Elon Musk has claimed that the Sam Altman-run AI company may ultimately access his phone. Reacting to reports that…
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Husband sues Apple after wife discovers ‘deleted’ texts sent to sex workers
A businessman from England is suing tech giant Apple after his wife discovered “deleted” messages he had sent to sex workers on their family’s iMac computer. The man, who has not been…
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Tesla stockholders approve Musk’s $56 billion pay package
San Francisco: Tesla stockholders have overwhelmingly approved the $56 billion pay package (now valued at $44.9 billion) for the company’s CEO Elon Musk, along with reincorporating the electric vehicle company in the…
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India witnessed over 30 pc rise in diversity hiring over the past 5 years: Data
New Delhi: Despite ongoing macroeconomic challenges, India is setting a new precedent with Diversity, Equity, and Inclusion (DE&I) hiring (LGBTQIA+, women, and persons with disabilities), as the country witnessed 30 to 35…
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Indian corporates’ large capex to need offshore funding amid steady economic growth
New Delhi: Indian corporates’ large capex will need to rely on offshore funding despite improving domestic liquidity and companies’ earnings growth, a new report showed on Wednesday. As per Moody’s report, capacity…
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Coupang fined $12.4 million for alleged manipulation of search algorithm
Seoul: The antitrust regulator said on Thursday it has decided to fine e-commerce giant Coupang 140 billion won ($12.44 million) for using unfair search algorithms and uploading false product reviews to boost…
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Samsung to provide comprehensive AI solutions for foundry biz
Seoul: Samsung Electronics said on Thursday it will provide comprehensive “one-stop” artificial intelligence (AI) solutions for its foundry customers, with a focus on up-to-date technologies for high-performance, low-power AI chips. “At a…
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Zepto set to raise $650 million at $3.5 billion valuation
New Delhi: Quick grocery delivery platform Zepto is geared up to raise nearly $650 million from existing and new investors. According to sources, the funding will take Blinkit closest rival’s valuation to…
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Massive increase in likes on X after making them private: Elon Musk
New Delhi: A day after making likes private on his social media platform X, Elon Musk on Thursday said that the move has resulted in a massive hike in the number of…
