Technology
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100 crore new jobs to be created globally in 20 years, India to have 25 pc share
New Delhi: The world is likely to see a huge addition of 100 crore new workers in the global economy in the next 20 years and India will have at least 25…
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UPI adding up to 60 lakh new users every month, global adoption surge
New Delhi: The digital payment growth continues to surge and Unified payments Interface (UPI) is now adding up to 60 lakh new users every month. The stupendous growth in UPI transactions has…
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Explained: How global tech outage disrupted ops across industries
By Parameswaran Valeri A global tech outage triggered by a cybersecurity update crippled operations across sectors including air travel, healthcare, finance and many more, in the early hours of Friday. The services…
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China launches new Earth observation satellite
Beijing: China on Friday sent a new Earth observation satellite into space from the Taiyuan Satellite Launch Center in north China’s Shanxi Province. The Gaofen-11 05 satellite was launched at 11:03 a.m.…
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CrowdStrike says single software update behind Microsoft Windows crash
New Delhi: As the Microsoft Windows crash created mayhem globally, cyber-security platform CrowdStrike on Friday said it is actively working with customers impacted by a defect found in a single content update…
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SBI says systems working fine, unaffected by Microsoft outage
Mumbai: Country’s largest lender State Bank of India (SBI) on Friday said its systems are unaffected by the Microsoft global outage. “We are all fine,” its chairman Dinesh Khara told PTI, when…
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Retail sales surge in India amid high disposable incomes, rising consumption
New Delhi: As household consumption expenditure on goods and services surged with rising disposable incomes, the country saw a significant 5 per cent growth in retail sales in the month of June.…
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Musk again denies donating $45 mn to Trump per month
San Francisco: Tesla and SpaceX CEO Elon Musk, on Friday, again denied donating $45 million per month to former US president Donald Trump. Reacting to a viral note which alleged that Musk…
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Paytm share price sees positive momentum, as firm announces Q1 FY25 results
New Delhi: In a wider trend when stock prices of domestic technology majors are down by 2-2.7 per cent, One 97 Communications, the parent company that operates the brand Paytm, has seen…
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Global IT outage disrupts major Microsoft services across multiple sectors
A significant global IT outage has caused widespread disruptions across various sectors, primarily affecting Microsoft and CrowdStrike services. The outage began on July 19, 2024, around 6 PM ET, and quickly spread…
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Crypto exchange WazirX hacked, USD 235 million funds stolen
On Thursday, July 18, 2024, the Indian cryptocurrency exchange WazirX experienced a major security breach, resulting in the loss of over $235 million in user funds. According to reports, the incident involved…
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Samsung acquires British knowledge graph tech startup for AI
Seoul: Samsung said on Thursday it has acquired the British artificial intelligence (AI) and knowledge graph tech startup Oxford Semantic Technologies in a bid to strengthen its in-device AI capabilities. The South…
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LG targets over $725 million in sales from smart factory solutions by 2030
Mumbai: More than 77 per cent of Indian startups now invest in advanced technologies such as artificial intelligence (AI), machine learning (ML), internet of things (IoT) and blockchain, a report showed on…
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Union Budget: Experts for boosting digital health infra, higher GDP allocation
New Delhi: Higher GDP allocation for healthcare and advances in digital health infrastructure is imperative, said experts ahead of the Union Budget. The Union Budget 2024 is slated to be presented on…
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77 pc Indian startups now invest in AI, small cities brimming with tech skill pool
Mumbai: More than 77 per cent of Indian startups now invest in advanced technologies such as artificial intelligence (AI), machine learning (ML), internet of things (IoT) and blockchain, a report showed on…
