Thursday, December 08, 2022
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Browing Category

Business

Musk plans to cut 75% of Twitter staff if he takes over: Report

San Francisco, Oct 21 (IANS):¬†As part of his bid to acquire Twitter, tech billionaire Elon Musk is reportedly planning to lay off close to 75 per cent of the microblogging site’s workforce. Job cuts are expected in the coming months no matter ...

21 Oct 2022

Meta’s corporate development head to step down after 12 years

San Francisco, Oct 20 (IANS):¬†Meta’s top executive Amin Zoufonoun, who led Facebook’s acquisitions of Instagram, WhatsApp, and Oculus, has confirmed that he is leaving the tech giant after 12 years. In a Facebook post, Zoufonoun, designa...

20 Oct 2022

Tata Power hit by cyber attack, says critical systems safe

Mumbai, Oct 14 (IANS):¬†Tata Power on Friday admitted it has been hit by a cyber attack on its IT infrastructure. The power company, however, said that all its critical operational systems are functioning normally. “The company has taken steps ...

15 Oct 2022

Apple joins Goldman Sachs to launch high-yield savings accounts for users

San Francisco, Oct 14 (IANS): In a bid to offer more banking services to its users, Apple has partnered with Goldman Sachs to launch a new savings account feature for its Apple Card credit cardholders. Apple Card users will be able to grow their rew...

14 Oct 2022

Toyota admits 300,000 customers’ data was leaked for 5 years

Tokyo, Oct 13 (IANS): Automaker Toyota has revealed that personal information of nearly 300,000 customers may have been exposed since July 2017. In a statement, the car maker said that e-mail addresses and customer management numbers of some custome...

13 Oct 2022

Gold is old? Not a hedge against inflation!

Chennai, Oct 11 (IANS): Has gold turned old against inflation is the question that pops up as its prices are range bound when the inflation is going up globally. Generally, gold is considered as a hedge against inflation but this time around it does...

11 Oct 2022

Hotels, restaurants to operate business 24×7 in Delhi soon

New Delhi, Oct 9 (IANS): Starting next week, over 300 establishments ranging from hotels, restaurants, eateries to online delivery services of food, medicines, logistics and other essential commodities, transport and travel services, apart from KPOs...

10 Oct 2022

Falling rupee makes studying abroad costlier

New Delhi, Oct 9 (IANS): Studying abroad has become costlier amid a sharp fall in rupee. The cost for studying in the US has gone up by Rs 1.5 to 2 lakh per year.The increase in tuition fees in the US, the UK and Australia by 10 to 20 per cent is an...

09 Oct 2022

Apple A16 Bionic costs more than twice to manufacture compared to A15

Tokyo, Oct 8 (IANS):¬†The A16 Bionic chip in iPhone 14 Pro models costs $110 to manufacture, which is 2.4 times more than A15 chip in iPhone 14 models.A Nikkei teardown of Apple’s iPhone 14 series models revealed that production costs jumped ne...

08 Oct 2022

Tesla delivers record 343,830 vehicles in Q3, Musk elated

San Francisco, Oct 3 (IANS): Electric car-maker Tesla delivered a record 343,830 vehicles in the third quarter (Q3), after a weak performance in the second quarter owing to Covid shutdowns especially in China.The company said it produced over 365,00...

03 Oct 2022

Elon Musk reveals fasting is his secret to peak fitness at age 51

New Delhi, Oct 2 (IANS):¬†Tesla and SpaceX CEO Elon Musk has revealed the secret behind his peak fitness at age 51: Intermittent fasting.Responding to a follower on Twitter who asked if lifting weights and eating healthy is his script to look “...

02 Oct 2022

RBI rate hike on expected line, says Kerala Inc

Kochi, Sep 30 (IANS):¬†Leading industrialists and bankers in Kerala have welcomed the rate hike decision taken by the Reserve Bank of India’s Monetary Policy Committee (MPC), as they say these measures are timely and calibrated to address the g...

01 Oct 2022

Amazon brings live shopping via content creators to India

Bengaluru, Sep 30 (IANS):¬†Amazon on Friday rolled out its live commerce feature ‘Amazon Live’ in India where customers can directly interact with content creators and social media influencers and buy products from links provided during t...

30 Sep 2022

Liquor shops likely to open shortly at domestic terminals of IGI airport

New Delhi, Sep 29 (IANS): Around two months after the liquor sale at the domestic terminals of the airport was stopped, the liquor shops are likely to restart soon at the terminals.As per an official, the airport authorities have offered the shops t...

29 Sep 2022

Reddit’s NFT avatars now among Top 10 collections on OpenSea

Popular social media platform, Reddit, recently launched NFT avatars that users can use on their profiles. These NFT avatars called “Collectible Avatars” were created by independent artists, and are minted on the Polygon blockchain. Besid...

27 Sep 2022

Foxconn tweaks iPhone 14 production lines to build more Pro models in China: Report

Hong Kong, Sep 27 (IANS): Apple supplier Foxconn has dismantled parts of its production lines for iPhone 14 models in China to update them to manufacture more Pro models as the high-end Apple iPhones are generating more demand in the country, the me...

27 Sep 2022

Apple begins manufacturing iPhone 14 at Foxconn plant in India

New Delhi, Sep 26 (IANS):¬†In a fillip to India’s thrust on local manufacturing, Apple on Monday confirmed it has kicked off the production of new iPhone 14 in India, a first for the tech giant as it narrows down the manufacturing period of new...

26 Sep 2022

Elon Musk allowed to make a case regarding Twitter’s payment to Zatko

San Francisco, Sep 25 (IANS):¬†In a minor win for Tesla CEO Elon Musk, a US court has allowed his legal team to make a case that a $7.75 million severance payment to Peiter ‘Mudge’ Zatko, Twitter’s former head of security, allows hi...

25 Sep 2022

US opens probe into alleged patent violations by Samsung

Seoul, Sep 24 (IANS): The US International Trade Commission (ITC) has opened an investigation into alleged patent violtions by Samsung Electronics over outdoor electronics displays.The formal investigation was initiated following a complaint on Augu...

24 Sep 2022

Meta, Google put employees on ‘notice periods’ to find new role or leave

New Delhi, Sep 23 (IANS):¬†Facebook’s parent company Meta and Google are reducing staff to cut costs amid the economic downturn, apparently putting some of them on traditional 30 to 60 days “lists” to find a new role within the comp...

23 Sep 2022

Rupee hit new all-time low as dollar index rises 20-year high

Mumbai, Sep 22 (IANS):¬†The Indian rupee has depreciated to the record low since the morning trade after the dollar index surged to 20-year high and 75 basis points rate hike by the US Fed, and hint at more rate hikes in the future.Rupee’s prev...

22 Sep 2022

Essar Group targets key role in building market for hydrogen

London, Sep 20 (IANS):¬†North-west England’s Stanlow oil refinery has stood near the banks of the river Mersey for almost 100 years. But, today, its managers want to ensure it has a low-carbon future over the next century. It produces about 17 ...

20 Sep 2022

iPhone 14: A natural upgrade with best battery life, super camera

New Delhi, Sep 19 (IANS): As Apple fans in India make a beeline to grab new series of devices, the iPhone 14 has received a good response from those who wish to enter the iOS ecosystem as well as from those who are enjoying the 13 and 12 iPhone seri...

19 Sep 2022

RBI likely to increase repo rate by 50 basis points to 5.9% in Sep policy: Morgan Stanley

Mumbai, Sep 16 (IANS):¬†The Monetary Policy Committee in the September credit policy is likely to increase the repo rate by 50 basis points to 5.90 per cent and will keep stance unchanged, according to a report by Morgan Stanley.“We were earlie...

16 Sep 2022

Indian telecom players to follow China’s 5G call route, says CLSA

Chennai, Sep 15 (IANS):¬†Indian mobile phone service providers will follow China’s 5G and industrial internet line, said CLSA Ltd. in a research report. According to the report, Reliance Jio and Bharti Airtel will consolidate their market furth...

15 Sep 2022