Technology
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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…
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38 pc IT professionals ranked data quality as key barrier to AI adoption: Report
New Delhi: About 38 per cent of IT professionals, who have trust in the quality of data and training used in artificial intelligence (AI) technologies, ranked data quality as a major barrier…
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Elon Musk’s X begins hiding all likes for users
New Delhi: Elon Musk on Wednesday confirmed the roll out of a new feature that will hide all likes by default for X users. X is rolling out “private likes” which will…
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India offers strongest employment outlook in Asia Pacific in Q3: Report
New Delhi: India has offered the strongest employment outlook in Asia Pacific (APAC) at over 30 per cent in the third quarter (Q3) of 2024, a new report showed on Tuesday. According…
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EV startup Battery Smart raises $65 million led by LeapFrog Investments
New Delhi: Electric vehicle (EV) startup Battery Smart on Tuesday said it has secured $65 million in a Series B funding round led by LeapFrog Investments. The startup said it will use…
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Persistent partners Google Cloud for expanded reach across India, US, UK
New Delhi: Multinational technology services company Persistent Systems on Tuesday announced a long-term partnership agreement with Google Cloud for expanded reach across India, the US, the UK, and Australia. According to the…
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India has potential to create over 10 crore new jobs by 2030: PHDCCI
New Delhi: India holds the potential to create more than 10 crore new jobs by 2030, as the economy is likely to add $3.3 trillion to the GDP by the same time…
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Musk threatens to ban iPhones at his companies over ChatGPT integration
San Francisco: Tesla and SpaceX CEO Elon Musk on Tuesday threatened to ban iPhones from all his companies over the integration of ChatGPT into iPhones and other Apple devices. Apple on Monday…
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Apple unveils ‘Apple Intelligence’, AI features and more
Cupertino: Joining the AI bandwagon in a big way, Apple on Monday announced a new suite of AI features (including ChatGPT integration) that will customise personal experiences for millions of its users…
