Apple Supplier Foxconn Said to Invest $500 Million to Build Component Factories in India

Apple's main supplier, Foxconn Technology Group, is planning to invest close to $500 million (roughly Rs. 4,115 crore) to build two component factories in India. At least one of the factories that the Taiwanese company plans to construct in Karnataka will produce Apple parts, including for iPhones, people familiar with the matter said.

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Elon Musk Takes Product and Engineering Chief Role at X, Yaccarino to Lead All Other Divisions

X owner Elon Musk and Chief Executive Linda Yaccarino will both oversee the trust and safety team at the company formerly known as Twitter, the social media concern said on Monday. X's product and engineering team will report to Musk, while Yaccarino will oversee all other divisions, including human resources, legal, finance, sales and operations, X said.

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Vedanta Chairman Says Their $5 Billion Made-in-India Chip Will Be Ready in 2.5 Years

Vedanta group chairman Anil Agarwal on Friday said that the first phase of its semiconductor project will involve a $5 billion (roughly Rs. 41,300 crore) investment of the overall $20-billion (roughly Rs. 1,64,500 crore) outlay, and the venture will be ready with made-in-India chip in two and a half years.

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Samsung Galaxy Z Flip 5 vs Galaxy S23 Ultra: Price in India, Specifications Compared

Samsung Galaxy Z Flip 5 was launched at the company's Galaxy Unpacked held in July. The smartphone, successor to last year's Galaxy Z Flip 4, is powered by a custom Snapdragon 8 Gen 2 SoC. The South Korean tech giant hosted another Galaxy Unpacked event in February this year, where it announced the launch of the Galaxy S23 series. The top-of-the-line Galaxy S23 Ultra ...

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Twitter Now 'X' on Both Android and iOS Platforms; Tweets Relabeled as 'Posts'

Twitter was recently rebranded as X by owner Elon Musk. On Friday, Musk claimed that the social media platform reached "new heights" with more than 540 million monthly users. Between talks of the patent rights of the letter X, the mobile application icon for Twitter on both Android and iOS platforms has changed to 'X' with an update and the content shared by users, pr...

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NASA Introduces Beta Site; On-Demand Streaming Service, App Update Coming Soon

NASA (National Aeronautics and Space Administration) has introduce an on-demand streaming platform, name NASA+. The website will be ad-free, no-cost, family-friendly service. Moreover, the US space agency is also revamping its science websites. For now, it is a beta website that can be accessed the preview of the beta website. NASA has invited public to explore the we...

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Samsung Galaxy S23 FE Live Image Leaked; Tipped to Get Slower Wireless Charging Capacity

Samsung Galaxy S23 FE is confirmed to launch soon. The phone has previously been listed on Geekbench with two SoC variants. Recently, a live image of the phone was leaked online and it was also spotted on a wireless charging database, suggesting that it will come with a slower charging capacity than the other Galaxy S23 models.

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Vedanta Chairman Says Their $5 Billion Made-in-India Chip Will Be Ready in 2.5 Years

Vedanta group chairman Anil Agarwal on Friday said that the first phase of its semiconductor project will involve a $5 billion (roughly Rs. 41,300 crore) investment of the overall $20-billion (roughly Rs. 1,64,500 crore) outlay, and the venture will be ready with made-in-India chip in two and a half years.

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US President Said to to Sign New Order to Limit US Tech Investments in China by Mid-August

US President Joe Biden is planning to sign an executive order to limit critical US technology investments in China by mid-August. The order focuses on semiconductors, artificial intelligence and quantum computing. It won't affect any existing investments and will only prohibit certain transactions.

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Elon Musk Says X, Formerly Twitter, Reaches ‘New High’ With Over 540 Million Monthly Users

Elon Musk said on Friday that monthly users of social media platform X, formerly known as Twitter, reached a "new high" and shared a graph that showed the latest count as over 540 million. Musk's post on X about the user figures comes as the company goes through organisational changes.

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Redmi 12 5G India Launch Date Set for August 1 Alongside Redmi 12 4G; Specifications Teased

Redmi 12 5G India launch is confirmed to take place on August 1 alongside the Redmi 12 4G. The 5G phone is teased to come in a Moonstone shade with up to 8GB of RAM and a maximum 256GB of onboard storage. It will carry a 50-megapixel primary camera and a 5,000mAh battery.

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US Chipmaker AMD to Invest $400 Million in India Over Next 5 Years, Will Set Up Design Centre in Bengaluru

US chipmaker Advanced Micro Devices said on Friday it will invest around $400 million in India over the next five years and will build its largest design centre in the tech hub of Bengaluru.

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iPhone 15 Pro Models May Cost Up to $200 More Than iPhone 14 Pro Variants: Report

iPhone 15 Pro models will reportedly come with a higher price tag than the ongoing models. The iPhone 15 Pro will reportedly cost up to $100 (roughly Rs. 8,000) more than the iPhone 14 Pro whereas the iPhone 15 Pro Max could see a price hike of $100 to $200 (roughly Rs. 26,000) more than the iPhone 14 Pro Max. Pricing would remain similar for the standard iPhone 15 an...

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Meta’s Reels Revenue Gets AI Boost to Close in on TikTok, Set to Jump to $10 Billion This Year

On Wednesday, Meta revealed numbers that show Reels videos are growing rapidly among both users and advertisers and are quickly catching up to the ByteDance-owned TikTok app that is beloved by young users and has reshaped the social media landscape.

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Amazon India Opens First-Ever Floating IHS Store on Dal Lake in Srinagar

Amazon India on Thursday announced its first-ever floating store on Dal Lake in Srinagar, Kashmir, as part of its last-mile delivery programme "I Have Space".  Murtaza Khan Kashi, owner of houseboat Selec Town, will deliver packages every day to customers at the doorstep of their houseboats as part of the onboarding.

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Crypto Market Watch: Bitcoin, Ether See Small Gains, Lift Most Altcoins Up the Price Ladder

The overall crypto market valuation rose by 0.54 percent in the last 24 hours. While Bitcoin and Ether grew in prices with small profits, Dogecoin fell off its high horse now that the initial excitement around Twitter’s re-branding to X seems to have worn off. The US federal reserve, meanwhile, has announced another interest rate hike, taking the value to a 22-year ...

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Samsung Galaxy Z Fold 5, Galaxy Z Flip 5 Smartphones to Be Manufactured in India: Details

Samsung will manufacture its premium flagship devices Galaxy Z Fold 5 and Galaxy Z Flip 5 in India to meet local requirements, a senior company official said on Thursday. Samsung started manufacturing the Galaxy Z Fold 4 and Galaxy Z Flip 4 in India from December, four months after their launch.

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Samsung Electronics Q2 Profit Fell Over 95 Percent Amid Chip Oversupply, Weaker Demand

Samsung Electronics on Thursday reported a more than 95 percent plunge in operating profits in the second quarter owing to weak demand for memory chips. Operating profit from the April to June period was KRW 668.5 billion (roughly Rs. 3,800 crore), down from KRW 14.1 trillion (roughly Rs. 89,072 crore) from a year earlier, Samsung said in a statement.

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Samsung Galaxy Z Fold 5 vs Galaxy Z Flip 5: Price in India and Specifications Compared

Samsung Galaxy Z Fold 5 and Samsung Galaxy Z Flip 5 were launched alongside the Galaxy Watch 6 series and the Galaxy Tab S9 series on Wednesday. All the devices were introduced during the Galaxy Unpacked event held in Seoul. Here we compare the price, specifications and features of the two foldable smartphones.

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Foxconn Subsidiary in Talks to Set Up $200 Million Components Plant in Tamil Nadu: Report

Foxconn Industrial Internet (FII) is reportedly in talks with Tamil Nadu state to invest up to $200 million (roughly Rs. 1,638 crore) to build a new plant for electronic components in the southern region. Brand Cheng, CEO of FII, and other company representatives last week met Tamil Nadu officials including its chief minister to discuss investments in the state.

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Samsung Galaxy Watch 6, Galaxy Watch 6 Classic Price in India Announced: Details

Samsung Galaxy Watch 6 series was launched in Seoul on July 26 at the Galaxy Unpacked event. The lineup includes the Galaxy Watch 6 and the Galaxy Watch 6 Classic. The wearable are available in different colours and sizes, and can be pre-ordered on Samsung's official website, or Samsung offline stores. The company has now revealed the India pricing of the watches.

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Samsung Galaxy Z Fold 5, Galaxy Z Flip 5 Price in India Revealed: All Details

Samsung Galaxy Z Fold 5 and Galaxy Z Flip 5 were launched on Wednesday during the Galaxy Unpacked event in Seoul. The foldable smartphones were unveiled alongside the Galaxy Watch 6 series and the Galaxy Tab S9 series. The company has now confirmed the prices of the foldable phones in India.

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Snapchat's Daily Active Users Rise 14 Percent YoY to 397 Million in Q2 2023, Snap Gives Weak Outlook for Q3

Photo messaging app owner Snap on Tuesday gave weaker third-quarter guidance than analysts had expected as it works to compete with tech giants for advertising dollars, sending its shares down 18 percent. The company's Snapchat app has attracted hundreds of millions of users thanks to its light-hearted photo filters and new AI-powered chatbot that can answer questions...

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Crypto Market Watch: Bitcoin, Ether Mint Profits After Days of Laying Low, Losses Strike Underdog Altcoins

The overall crypto market valuation grew by 0.66 percent in the last 24 hours. Bitcoin and Ether, along with Tether, Dogecoin, and Solana have recorded small but significant profits on Wednesday, July 26. Meanwhile, Elrond, EOS Coin, as well as Decentraland among other underdog cryptocurrencies, recorded minor losses.

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Microsoft Ramps Up Spending to Meet AI Demand as Quarterly Revenue Rises to $56.2 Billion

Microsoft on Tuesday laid out an aggressive spending plan to meet demand for its new artificial intelligence services after surpassing Wall Street estimates for fiscal fourth-quarter revenue and profit. Costs rose sharply as Microsoft built new data centers to support AI, and Chief Financial Officer Amy Hood said on a conference call with analysts the company's capita...

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Binance, CEO Changpeng Zhao Plan to Seek Dismissal of CFTC Complaint Over Alleged Regulatory Violations

Binance and its CEO and founder Changpeng Zhao are planning to seek the dismissal of a Commodity Futures Trading Commission (CFTC) complaint accusing the crypto exchange of violating the Commodity Exchange Act and certain related federal regulations.

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Adobe, Figma $20 Billion Deal to Face Full-Scale EU Antitrust Probe After Preliminary Review

Adobe's $20 billion (roughly Rs. 1,63,400 crore) bid for cloud-based designer platform Figma will reportedly face a full-scale EU antitrust investigation following EU regulators' preliminary review. The move underscores antitrust watchdogs' wariness of tech deals where bigger companies may acquire rival start-ups to shut them down.

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Spotify Raises Premium Plans Prices Across Several Countries

Spotify Technology on Monday raised prices for its premium plans across several countries including the United States and United Kingdom, as the music-streaming company looks to boost profitability in an uncertain economy. 

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PhonePe Launches Feature to Pay Income Tax Through Its App

Digital payments and fintech platform PhonePe on Monday launched a feature to pay income tax through its app. Individuals and businesses can pay self-assessment and advance tax through UPI or credit card via the application, without logging into the income tax portal, PhonePe said.

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Samsung Galaxy Z Flip 5, Z Fold 5, Tab S9 Spotted on Retail Websites Ahead of Samsung Galaxy Unpacked Event

Samsung Galaxy Unpacked will be held in Seoul on July 26 and the company will introduce a host of new products during the event. Among the new launches, there are expected to be Samsung Galaxy Z Flip 5, Samsung Galaxy Z Fold 5, and Samsung Galaxy Tab S9 series of tablets. These devices were spotted on a retailer site by a tipster ahead of their launch.

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Oppenheimer Outsells Barbie in Tickets Sales in India, Selling 1.4 Million Tickets During Opening Weekend

Oppenheimer has outsold Barbie in ticket sales in India, as per the ticketing website BookMyShow. As of July 23, the Christopher Nolan-directed biopic started strong, with a 74 percent contribution to the overall box office revenue from India, selling 1.4 million tickets. Meanwhile, the Margot Robbie-led Barbie wasn’t trailing that far behind, selling over 500,000 t...

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FTX’s Sam Bankman-Fried Denies Allegations of Witness Tampering, Accepts Gag Order

Lawyers for FTX founder Sam Bankman-Fried rejected prosecutors' claims that his discussions with a New York Times reporter amounted to witness tampering but agreed to accept a gag order, they said in a letter to the judge in the criminal fraud case.

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Elon Musk Says He Intends to Rebrand Twitter, Blue Bird Logo to Be Replaced by an X

Twitter owner Elon Musk on Sunday signalled he would do more to take the social media company in a new direction with a rebranding that will replace its well-known blue bird logo with an X after acknowledging advertisers have been slow to return.

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Samsung Galaxy Z Flip 5 Teaser Video, Ahead of Galaxy Unpacked Event, Shows Off New Hinge Design, Colour Options

Samsung Galaxy Unpacked 2023 is set to take place on July 26 in Seoul, Korea. In a build-up to the imminent launch, Samsung has released a teaser video for the Galaxy Z Flip 5. At first glance, the Galaxy Z Flip 5 looks similar to the Galaxy Z Flip 4, however, a closer look shows the slightly redesigned hinge.

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AI-Generated Characters Could Steal Roles in Future, Fear Actors: Here's Why

Actors have been protesting since June against the use of AI-generated actors in movies and TV. SAG-AFTRA’s chief negotiator, Duncan Crabtree-Ireland, said AI poses an “existential crisis” for actors who worry their past, present and future work will be used to generate “synthetic performers who can take their place.”

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Microsoft-Activision Blizzard Deal Approval Again in Hands of UK's CMA

Microsoft-Activision Blizzard deal is back in the hands of Britain's antitrust regulator after an appeals court granted an adjournment, and the grounds for why the UK should reconsider its block on the US software giant's takeover were published.

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Oppo, Vivo, Xiaomi Found Evading Tax Worth Rs. 9,000 Crore; Rs. 1,630 Crore Recovered So Far: MoS IT

Chinese smartphone makers, including Oppo Mobile, Vivo India and Xiaomi Technology, have been found evading taxes worth Rs. 9,000 crore in India, Parliament was informed on Friday. Data shared by the Minister of State for Electronics and IT Rajeev Chandrasekhar in Rajya Sabha showed tax evasion comprising customs duty and GST.

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Xiaomi to Bet Big on Under Rs. 15,000 Device Segment to Regain Lost Market Share

Smartphone maker Xiaomi is betting big on the Rs. 10,000-Rs. 15,000 device segment to regain its lost market share, a senior official of the company said on Friday. Xiaomi India President, Muralikrishnan B said that the company has come up with a reset strategy and will focus to be "India's most loved and trusted smartphones" and IoT brand with "focus on efficiency a...

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Toyota Plans to Use Regenerative Fuel Cell Technology for Manned Lunar Rover

Toyota Motor plans to use regenerative fuel cell technology to power a manned lunar rover, executives said on Friday, raising the prospect of eventually using the moon's water ice as an energy source in the future. NASA expects Japan to provide a lunar rover with a 2029 target launch date as a contribution to the Artemis programme.

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Tesla CEO Elon Musk Optimistic on Fully Autonomous Self-Driving Technology, Humanoid Robots in Factories

Tesla Chief Executive Elon Musk on Wednesday set new targets for artificial intelligence products including self-driving software and using humanoid robots in factories, though he acknowledged he's been optimistic before.

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Chinese Hackers Breach Email Accounts of US Ambassador to China, Other Officials: Report

In yet another security breach by Beijing, China-based hackers breached the email accounts of the US Ambassador to China, Nicholas Burns as part of a recent targeted intelligence-gathering campaign, CNN reported on Thursday citing US officials.

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Microsoft Hit With EU Antitrust Complaint From German Rival Over Teams' Inclusion to Office Bundle

Microsoft was hit with an EU antitrust complaint by German rival alfaview on Thursday, the second so far over its bundling of video app Teams into its Office product, as the bloc's regulator prepares to investigate the US tech giant.

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AI Being Misused for Creating Malicious Software, Claims Canadian Cyber Official

Hackers and propagandists are wielding artificial intelligence (AI) to create malicious software, draft convincing phishing emails and spread disinformation online, Canada's top cybersecurity official told Reuters, early evidence that the technological revolution sweeping Silicon Valley has also been adopted by cybercriminals.

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Oppo Reno 10 5G Price in India Officially Revealed; Pre-Orders to Begin Today

Oppo Reno 10 5G series launched in India earlier this month. The series comprises three models — Oppo Reno 10 5G, Reno 10 Pro 5G, and Reno 10 Pro+ 5G. The Oppo Reno 10 Pro models are already available for sale. The pricing for the Oppo Reno 10 5G has been revealed today via Flipkart.

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Netflix Scraps Cheapest Ad-Free Plan in These Countries

Netflix has removed its basic plan in the US and UK, which allowed users to watch shows and movies without commercials, as a means for the company to draw more subscribers to its ad-supported tier. The company said on its website the $9.99-a-month (about Rs. 820) basic plan would no longer be available for new or rejoining members. Users who are already on the plan co...

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Tesla's Second-Quarter Profit Jumps 20 Percent as Price Cuts Lead to Record Car Sales

Tesla reported a jump in second-quarter profits Wednesday as a series of price cuts translated into sharply higher car sales. The EV manufacturer reported profits of $2.7 billion (roughly Rs. 22,156 crore), up 20 percent on the year-ago level. Revenues surged 47 percent to $24.9 billion (roughly Rs. 2,04,334 crore).

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Netflix Gains 6 Million Subscribers Following Its Password-Sharing Crackdown

Netflix on Wednesday said subscriptions to the media streaming service climbed by nearly 6 million in the wake of its crackdown on password sharing. The streaming giant finished the recently ended quarter with a total of 238 million subscribers and a profit of $1.5 billion (roughly Rs. 12,309 crore), according to an earnings release.

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Netflix to Start Restrictions on Account and Password Sharing in India

Netflix will begin rolling out its account and password sharing controls in India, after taking similar steps in over 100 countries earlier this year. The streaming service has, so far, allowed multiple users to share a single account in India, regardless of location

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Crypto Market Watch: Bitcoin Hangs on to $30,000 Mark as Solana, Polygon, Tron Join Most Altcoins in Losses

The overall crypto market valuation rose by 0.42 percent in the last 24 hours. Bitcoin recorded a small loss of 0.28 percent to trade at $30,023 (roughly Rs. 24.6 lakh). Solana, Tron, and Polygon also recorded losses. Ether, on the other hand, managed to record profits alongside Ripple, Stellar, and Binance USD on Wednesday, July 19.

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White House Partners With Amazon, Google and Best Buy for Cybersecurity Labeling Initiative for Smart Devices

The White House on Tuesday along with companies such as Amazon, Alphabet's Google and Best Buy will announce an initiative that allows Americans to identify devices that are less vulnerable to cyberattacks.

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FTX License Cancelled by Australia Securities Regulator Effective From July 14

Australian Securities & Investments Commission (ASIC) said on Wednesday it had cancelled the license of the local arm of collapsed U.S. cryptocurrency exchange FTX, effective from July 14.

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Health Ministry Said to Issue Notices to 15 Websites for Selling E-Cigarettes, Monitoring Advertisements on Social Media

The Union Health Ministry is said to have issued notices to 15 websites over the illegal sale of e-cigarettes, while six more websites are under the scanner. The ministry is also said to be monitoring the sale and advertisement of e-cigarettes on social media. The websites have been warned that failure to take necessary action may attract penalties under the IT Act an...

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Microsoft Said to Be in Talks With Activision to Extend Takeover Contract Amid Regulatory Hurdles

Microsoft's contract with Activision Blizzard to acquire the game publisher expires on Tuesday, but the Xbox gaming console maker is said to be in talks with the latter for an extension. An extension of the contract would prevent Activision from having a change of heart or being wooed by another potential acquirer, while Microsoft attempts to clear regulatory challeng...

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EU Lobbies Asian Countries to Regulate AI Tech Firms, Said to Get Lukewarm Response

The European Union's efforts to lobby governments in Asia — including India, Japan, South Korea, Singapore, and the Philippines — to implement stringent rules to rein in and regulate AI technology firms are being met with a lukewarm response. The bloc wants its proposed AI Act to become a global benchmark for regulating AI, like its GDPR laws, which helped mold pr...

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Bitcoin, Ether Register Dips Amid Overall Crypto Market Showing Sluggish Sentiment

The overall crypto market valuation slipped by 0.86 percent in the last 24 hours. Bitcoin and Ether recorded losses. Cardano, Avalanche, and Litecoin also registered price dips alongside all of the stablecoins. Polkadot and Chainlink however, managed to mint small gains on Tuesday, July 18.

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UN Security Council to Hold First Formal Discussion on AI Risks, Impact on Global Peace and Security

The UN security council will formally discuss AI technology for the first time on Tuesday, as governments are exploring ways to mitigate the risks AI poses to the global economy and international security. Britain, which holds the rotating presidency of the UN Security Council this month, will seek global dialogue about the impact of the technology on security and pea...

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Infosys Inks AI Deal With Estimated $2 Billion Target Spend Over Five Years: Details

Infosys has inked a five-year deal with an existing client with a target spend of $2 billion (roughly Rs. 16,400 crore) for artificial intelligence and automation services, the IT services firm said in an exchange filing. According to Infosys, the agreement includes AI and automation development, modernization, and maintenance.

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India’s New Online Gaming Tax Will Stifle Foreign Investment, Put $2.5 Billion Investment at Risk: Gaming Firms

India's new 28 percent tax on online gaming companies will stifle foreign investment and put $2.5 billion (roughly Rs. 20,500 crore) already invested in the sector at risk, more than 100 gaming firms have said in a letter to India's finance ministry.

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Tesla Rolls Out First Cybertruck After Two-Year Delay: All Details

US automaker Tesla on Saturday announced that its first electric pickup -- a slick-looking silver Cybertruck -- had rolled off the assembly line at its huge plant near Austin, Texas, after almost two years of delay.

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Apple Could Reveal Mac Products With M3 Chip by October This Year: Mark Gurman

Apple introduced a series of products at its Worldwide Developers Conference (WWDC) 2023 in June this year, which included a new 15-inch MacBook Air model, a Mac Studio and Mac Pro, all powered by Apple's M2 chips. A new report from Apple analyst Mark Gurman now suggests that the company is planning to announce an October debut for M3 iMac, M3 13-inch MacBook Air and ...

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Tesla Rolls Out First Cybertruck After Two-Year Delay: All Details

US automaker Tesla on Saturday announced that its first electric pickup -- a slick-looking silver Cybertruck -- had rolled off the assembly line at its huge plant near Austin, Texas, after almost two years of delay.

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Amazon Prime Day Sale 2023: Top Deals on Samsung Galaxy M04, Redmi 12C, Nokia C12 and More

Amazon Prime Day Sale 2023 brings price cuts on budget smartphones including Samsung Galaxy M04, Redmi 12C, Realme Narzo 50i Prime and more. There are additional exchange discounts and bank offers. The sale will conclude today at 11.59pm IST.

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Tesla Rolls Out First Cybertruck After Two-Year Delay: All Details

US automaker Tesla on Saturday announced that its first electric pickup -- a slick-looking silver Cybertruck -- had rolled off the assembly line at its huge plant near Austin, Texas, after almost two years of delay.

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India’s New Online Gaming Tax Will Stifle Foreign Investment, Put $2.5 Billion Investment at Risk: Gaming Firms

India's new 28 percent tax on online gaming companies will stifle foreign investment and put $2.5 billion (roughly Rs. 20,500 crore) already invested in the sector at risk, more than 100 gaming firms have said in a letter to India's finance ministry.

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Tesla Rolls Out First Cybertruck After Two-Year Delay: All Details

US automaker Tesla on Saturday announced that its first electric pickup -- a slick-looking silver Cybertruck -- had rolled off the assembly line at its huge plant near Austin, Texas, after almost two years of delay.

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Elon Musk's xAI Will Use Public Tweets for AI Model Training, to Work With Twitter and Tesla

Elon Musk on Friday said the purpose of his new artificial intelligence company, xAI, will be to "understand the universe."He said xAI would seek to build a "good AGI," as an alternative to Microsoft, Google and OpenAI. AGI stands for artificial general intelligence and refers to AI that can solve problems like a human. The company will use public tweets to train it...

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Amazon Prime Day Sale 2023 Goes Live: Here's How to Avail Best Deals and Discounts

Amazon Prime Day Sale 2023 is now live for all Prime members. The ongoing Prime Day Sale 2023 from Amazon will go on for two days — July 15 and July 16, and is exclusive for Prime members. The e-commerce giant is offering huge discounts on a number of electronic products, including smartphones, laptops, TVs, home appliances as well as smart devices.

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Ripple Labs Wins SEC Case Over Sale of XRP Token on Public Exchanges

Ripple Labs did not violate federal securities law by selling its XRP token on public exchanges, a US judge ruled on Thursday, a landmark legal victory for the cryptocurrency industry that sent the value of XRP soaring. XRP was up 75 percent by late afternoon on Thursday, according to Refinitiv Eikon data.

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France Has Agreed to Use UPI for Payments in Rupees, Says PM Modi

Prime Minister Narendra Modi on Thursday said that India and France have agreed to use Unified Payments Interface (UPI) in this European nation, opening a huge new market for Indian innovation. Addressing the Indian community at the La Seine Musicale, a performing arts centre on an island in river Seine, Modi said very soon Indian tourists will be able to make rupee p...

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Twitter Announces Plan to Share Advertising Revenue With Verified Content Creators

Twitter said on Thursday that select content creators on the social media platform will be eligible to get a part of the advertising revenue the company earns. The content creators will get a share of revenue from ads displayed in their replies, Twitter said, adding that to be eligible the creators should be verified users with at least 5 million impressions on their ...

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iPhone Assembler Foxconn in Talks With TSMC and TMH to Set Up Semiconductor Fabrication Units in India: Report

Foxconn is in talks with Taiwan Semiconductor Manufacturing Company (TSMC) and Japan's TMH Group for technology and joint venture partnerships to start semiconductor fabrication units in India, the Economic Times reported on Friday.

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Chandrayaan-3 Launch Live Streaming: When and Where to Watch ISRO's Lunar Mission

Chandrayaan-3, ISRO's third lunar mission, is all set to take off today on July 14 from Satish Dhawan Space Centre in Sriharikota in Andhra Pradesh. The launch of Chandrayaan-3 is scheduled to take place at 2:35 pm IST with a hope for its success and soft-landing on the surface of the moon. The lunar mission will land on the southern pole of the moon around August 23 ...

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Chandrayaan-3 Mission Will Be Successful, Game-Changer Event for India: Former ISRO Scientist

Former ISRO scientist Nambi Narayanan, who has been instrumental in the country’s space sector innovation said that the Chandrayaan-3 mission is going to be successful and a game-changer event for India. Chandrayaan-3, India’s third lunar exploration mission, will make India the fourth country to land its spacecraft on the surface of the moon and demonstrate the ...

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Honor Watch 4 With 1.75-Inch AMOLED Display, e-SIM Support Launched: Price, Features

Honor Watch 4 smartwatch has been unveiled in China in three different colour options. The smartwatch sports a 1.75-inch AMOLED display with HD resolution and 60Hz refresh rate. It supports Bluetooth calling and comes with support for over 400 watch faces.

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Amazon Prime Day US Sales Rise by 6 Percent to $6.4 Billion From 2022 on First Day

Amazon's Prime Day two-day shopping event saw U.S. online sales rise nearly 6% to $6.4 billion from a year ago on its first day, as heavy discounts lured bargain-hunting customers who splurged on appliances and toys, Adobe Analytics data on Wednesday showed.

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James Webb Space Telescope Captures Closest Star-Forming Region to Earth, NASA Releases Image

NASA on Wednesday released an image obtained by the James Webb Space Telescope of the Rho Ophiuchi cloud complex, the closest star-forming region to Earth, as the U.S. space agency marked one year since it unveiled the telescope's first scientific results.

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China Begins Offline Trials of CBDC Payments, Stitches e-CNY Payments to SIMs

The Bank of China is now testing an offline payment system which would work while in integration with SIM cards. The Bank of China has struck partnership deals with two national telcos — China Unicom and China Telecom to facilitate these trials.

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Tom Cruise’s Next Film After Mission: Impossible – Dead Reckoning Will Shoot Scenes in Outer Space: Report

Tom Cruise is ‘working diligently’ on his next movie — after Mission: Impossible – Dead Reckoning — which will be shot in outer space. For it, the actor will be reunited with his Edge of Tomorrow director Doug Liman, with Universal Pictures backing it on an estimated budget of $200 million (about Rs. 1,647 crore). Back in 2020, NASA confirmed that Cruise wou...

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Superman Legacy: Nathan Fillion, Isabela Merced, Edi Gathegi Join Cast, Film Set for July 2025 Release

Superman: Legacy has added actors Nathan Fillion, Isabela Merced, and Edi Gathegi to the cast, following the confirmation of David Corenswet and Rachel Brosnahan for the roles of Clark Kent and Lois Lane, respectively The film is set to release in July 2025.

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Apple Sees Rise in MacBook Air Demand Amid Decline in Q2 Global PC Shipments: Canalys

The global PC market witnessed a decline in the second quarter, with Apple outperforming the market with a 51 percent jump, as per a report by market research firm Canalys. Strong demand for Apple's recently launched 15-inch MacBook Air fuelled Apple's growth. The report adds to early signs of a recovery in the industry.

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LG Electronics Targets $77 Billion Sales by 2030, Aims to Enter List of Top 10 Global Vehicle Component Firms

LG Electronics said on Wednesday it is targeting $77 billion (roughly Rs. 6,33,791 crore) in sales by 2030 and plans some KRW 50 trillion (roughly Rs. 3,19,007 crore) of investment as the South Korean company announced its future strategy. It plans to become a global top 10 company in vehicle components by more than doubling revenue to KRW 20 trillion (roughly Rs. 1,2...

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Huawei Plotting Return to 5G Phone Market Despite US Sanctions, Research Firms Claim

Huawei Technologies is plotting a return to the 5G smartphone industry by the end of this year, according to research firms, signalling a comeback after a US ban on equipment sales decimated its consumer electronics business. Huawei should be able to procure 5G chips domestically using its own advances in semiconductor design tools along with chipmaking from Semicondu...

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Microsoft's $69 Billion Takeover of Call of Duty Maker Activision Gets US Green Light, UK's CMA Softens Stance

A US judge on Tuesday gave the green light to Microsoft's $69-billion (roughly Rs. 5,65,480 crore) takeover bid for US video game giant Activision Blizzard. US District Judge Jacqueline Scott Corley in San Francisco rejected the Biden administration's contention that the deal would hurt consumers by giving Xbox game console maker Microsoft exclusive access to games in...

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Indians are Experimenting With Over-the-Counter Crypto Trading: Heres What It Means

In over-the-counter (OTC) crypto trading, agencies or individuals carry out transactions on behalf of the traders, off the books of the exchanges. As part of traditional financial practices, OTC trading of regular assets have been facilitated by banks for years. The services now include OTC crypto trading, which is being facilitated by some exchanges in India that inc...

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Facebook Instagram Threads and Whatsapp Reportedly Restored After Global Outage

Meta's social media apps Instagram and Facebook, messaging app WhatsApp and Twitter-rival Threads were all back up after an hour-long outage affecting thousands of users on Monday, according to Downdetector.com.

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Nothing Phone 2 India Launch Today: How to Watch Livestream Expected Price Specifications

Nothing Phone 2 is scheduled to launch in India as well as the global markets today. The live event for the Nothing Phone 2 launch will begin at 8.30pm IST on Tuesday. The company has already announced that the smartphone will be available for purchase in India through Flipkart. The pre-orders are already live on the e-commerce website.

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Facebook Instagram and Whatsapp Reportedly Down for Thousands of Users During Global Outage

Thousands of US users across Meta Platforms' social media offerings Instagram and Facebook, and WhatsApp reported outages on Monday, according to Downdetector.com. Around 13,000 users reported issues with accessing Instagram, while around 5,400 and 1,870 users faced outages on Facebook and WhatsApp, respectively.

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Oppo Reno 10 Series Expected to Sell 83 Percent More Than Previous Series Says Company Official

Smartphone maker Oppo expects its Reno 10 series sales volume to be 83 percent higher in India compared to the previous version, a senior official of the company said on Monday. The company expects Reno 10 series to set the pace of business during the upcoming festive season.

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Realme GT Neo 6 Series Tipped to Get Qualcomm Snapdragon 8 Gen 3 SoC With Periscope Lens Zoom Feauture

Realme GT Neo 6 is expected to launch soon and has reportedly been spotted on certification websites along with a pro version of the GT Neo 6 series. The purported base model is said to succeed the Realme GT Neo 5 which was released earlier this year in February in China. A tipster has suggested that the upcoming GT Neo 6 models will come with the Qualcomm Snapdragon ...

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Australian Watchdog Asks for Stakeholders Views on Data Brokers Like Oracle in Attempt to Regulate Sector

Australia's competition watchdog on Monday asked consumers, businesses and other relevant stakeholders to provide their views about the business practices of data brokers in an attempt to regulate the country's digital platform services sector.

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Suspended Twitter Account ElonJet Tracking Elon Musk's Private Jet Moves to Rival Meta's Threads

Jack Sweeney, the creator of an account tracking Elon Musk's private jet in real time, has moved to Mark Zuckerberg's Twitter-rival Threads after being suspended from Twitter last year.

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DoT Said to Approach TRAI for Auction of New Spectrum Bands Radio Waves

The Department of Telecom (DoT) is likely to approach the sector regulator Telecom Regulatory Authority of India (TRAI) this week for the auction of a set of spectrum bands as well as radio waves held by permits that are due to expire in 2024, an official source said. DoT is expected to hold the auction in the March quarter of the current fiscal.

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ChatGPT Creator OpenAI and Meta Face Lawsuits From Sarah Silverman Authors Over Alleged Copyright Infringement

Comedian Sarah Silverman and two authors have filed copyright infringement lawsuits against Meta Platforms and OpenAI for allegedly using their content without permission to train artificial intelligence language models. The proposed class action lawsuits filed by Silverman, Richard Kadrey and Christopher Golden in San Francisco federal court Friday allege Facebook pa...

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Samsung Galaxy M34 vs OnePlus Nord CE 3: Price in India Specifications Compared

Samsung Galaxy M34 was launched in India on July 7 under the price range of Rs. 20,000. The smartphone, successor to Galaxy M33, runs on Android 13-based One UI 5. Two days before the launch of Samsung's smartphone, OnePlus hosted its Summer Launch event, where the Chinese company release the OnePlus Nord CE 3. With a triple camera setup, this handset from OnePlus pac...

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iPhone 15 Pro Design Renders Colour Options Leaked: Report

Apple is expected to unveil its next iteration of the iPhone this year in September. The purported Apple iPhone 15 series will comprise four models of smartphones including a standard iPhone 15, an iPhone 15 Plus, an iPhone 15 Pro and an iPhone 15 Pro Max. The company is yet to confirm any details about the smartphones but a recent leak has revealed one of the colour ...

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iPhone 15 Pro Max Design Renders Colour Options Leaked: Report

Apple is expected to unveil its next iteration of the iPhone this year in September. The purported Apple iPhone 15 series will comprise four models of smartphones including a standard iPhone 15, an iPhone 15 Plus, an iPhone 15 Pro and an iPhone 15 Pro Max. The company is yet to confirm any details about the smartphones but a recent leak has revealed one of the colour ...

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Meta's 'Friendly' Threads Collides With Unfriendly Internet

Meta CEO Mark Zuckerberg has pitched Meta's Twitter copycat app, Threads, as a "friendly" refuge for public discourse online. The company said it would hold users of the new Threads app to the same rules it maintains on its photo and video-sharing social media service, Instagram.

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AI4Bharat Researchers Said to Raise $12 Million Funding From Peak XV Lightspeed

Researchers at AI4Bharat are raising $12 million (nearly Rs. 100 crore) from venture capital firms Peak XV and Lightspeed Venture, according to three people familiar with the matter. The larger-than-usual seed funding round underscores the growing interest in generative AI, after OpenAI's ChatGPT dazzled users with its ability to engage in human-like conversations.

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Genesis Creditor Gemini Sues Parent Company Digital Currency Group CEO

Cryptocurrency exchange Gemini, the largest creditor of bankrupt crypto lending firm Genesis, sued parent company Digital Currency Group (DCG) and its CEO, the day after DCG missed the exchange's deadline for agreeing to a restructuring deal for the venture capital firm's troubled unit. DCG and Gemini, two prominent players in the crypto industry, have clashed several...

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Microsoft-Backed AI4Bharat Said to Raise $12 Million Funding From Peak XV Lightspeed

Researchers at AI4Bharat, a start-up backed by Microsoft, are raising $12 million (nearly Rs. 100 crore) from venture capital firms Peak XV and Lightspeed Venture, according to three people familiar with the matter. The larger-than-usual seed funding round underscores the growing interest in generative AI, after OpenAI's ChatGPT dazzled users with its ability to engag...

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Punjab National Bank Launches its Virtual Branch in the Metaverse: Details

State-owned Punjab National Bank (PNB) on Thursday announced the launch of a virtual branch, PNB Metaverse. It is a virtual branch of the bank, which will deliver a unique experience of banking to existing and new customers, who can now explore the bank’s products and services.

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Threads App Sees Over 50 Million Users Sign Up Within a Day as Instagram's Competition With Twitter Heats Up

Threads now has 50 million users just over 24 hours since the app was rolled out on Thursday. Meta's "Twitter Killer" competitor works closely with its Instagram service, and its meteoric rise has caused rival Twitter to feel the heat and threaten to sue the Facebook parent firm a day after it was launched.

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Google Delays Release of Its First Fully Custom Pixel Tensor Chip Built With TSMC Until 2025: Report

Google originally planned to release a fully custom chip for its Pixel smartphones sometime in 2024. Now the company has reportedly pushed that planned release window of the chip, internally called Redondo back to 2025. Google will also reportedly switch from Samsung to Taiwan Semiconductor Manufacturing (TSMC) for making the chips, called Tensors.

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Samsung Electronics Expects Q2 Profit to Drop More Than 95 Percent Amid Ongoing Chip Glut

Samsung Electronics reported a likely 96 percent plunge in second-quarter operating profit on Friday, largely in line with forecasts, as an ongoing chip glut drives large losses in the tech giant's key business despite a supply cut. Samsung estimated its operating profit fell to KRW 600 billion(roughly Rs. 3,795 crore) in April to June in April to June, from KRW 14.1 ...

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Amazon's Acquisition of iRobot Faces New Challenges From EU Antitrust Regulators

Amazon's $1.7 billion (nearly Rs. 14,100 crore) acquisition of robot vacuum cleaner maker iRobot may reduce competition and strengthen Amazon's position as online marketplace provider, EU antitrust regulators warned on Thursday. The European Commission opened a full-scale investigation and will decide by November 15 whether to clear or block the deal.

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Uber Other App-Based Food Delivery Firms Sue New York City's Law on Minimum Wage

Uber Technologies, DoorDash and other app-based food delivery companies filed lawsuits on Thursday seeking to strike down New York City's novel law setting a minimum wage for delivery workers. The companies filed separate complaints in New York state court claiming the law, which takes effect July 12, is based on a misunderstanding of how the food delivery industry wo...

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ChatGPT Creator OpenAI Forming New Superalignment Research Team to Bring 'Superintelligent' AI Under Control

ChatGPT's creator OpenAI plans to invest significant resources and create a new research team that will seek to ensure its artificial intelligence remains safe for humans, the company said on Wednesday. Superintelligent AI could arrive this decade.

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Samsung Galaxy Unpacked Date Set for July 26 Company Teases Launch of Galaxy Z Flip 5

Samsung Galaxy Unpacked date has been confirmed by the company, a few weeks after the firm said it would take place in the last week of July. The South Korean conglomerate is expected to launch the Galaxy Z Fold 5, Galaxy Z Flip 5, Galaxy Tab S9 series, Galaxy Watch 6 series and the Galaxy Buds 3 TWS earphones at the event which is set to take place in Seoul in South ...

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Amazon Global Overseas Sales by Indian Sellers Expected to Surpass $8 Billion

Cumulative overseas sales by Indian exporters under e-commerce exports programme Amazon Global Selling are on track to surpass $8 billion (nearly Rs. 65,900 crore) in 2023, Amazon said on Wednesday. The exports from India under the programme were to the tune of $5 billion (nearly Rs. 41,200 crore) last year, Amazon said in its Exports Digest 2023.

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Xiaomi Mix Fold 3 Confirmed to Launch in August May Not See an International Release

Xiaomi Mix Fold 3 has been confirmed to launch in China in August. Xiaomi President Lu Weibing announced the same in an answer to a comment on one of his Weibo posts. However, a tipster suggests that the phone will not launch internationally in any other markets than China.

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iQoo 11S With Snapdragon 8 Gen 2 SoC Up to 1TB of Onboard Storage Launched: Price Specifications

iQoo 11S has been launched in China. It runs on Snapdragon 8 Gen 2 SoC and packs up to 16GB of RAM and a maximum 1TB of onboard storage. The smartphone is backed by a 4,700mAh battery with support for 200W fast charging.

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Twitter Chaos Over Tweet-Reading Limits Leaves Door Open for Metas Rival Microblogging App Threads

Meta will launch a long-awaited competitor to Twitter, Instagram Threads, on Thursday. The move comes days after Twitter owner Elon Musk announced a temporary cap on the number of tweets users can read in a day on the social media site.

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Twitter CEO Linda Yaccarino Backs Elon Musk's Controversial Tweet-Reading Rate Limits: Details

Twitter CEO Linda Yaccarino has come forward on Tuesday to defend the recent temporary cap on the number of tweets users can read in a day. Yaccarino wrote in her tweet: "when you have a mission like Twitter -- you need to make big moves to keep strengthening the platform." It was her first public comment on the limits announced on Saturday by owner Elon Musk.

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Micron to Start Plant Construction in August Domestic Microchip Production to Begin by 2024-End: Report

India's first semiconductor assembly plant by Micron Technology would start construction in August in Gujarat, says a report by Financial Times. The country aims to make its first domestically manufactured microchips by the end of 2024.

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EU Antitrust Body to Announce Decision on Adobe Figma $20 Billion Deal on August 7

EU antitrust regulators will decide by August 7 whether to clear Adobe's $20 billion (roughly Rs. 1,63,900 crore) bid for cloud-based designer platform Figma after a preliminary review, according to a European Commission filing on Monday.

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Itel P40 With 7000mAh Battery Unisoc T606 SoC Launched in India: Price Specifications

Itel P40+ powered by a Unisoc T606 SoC was unveiled in India on Monday. The new budget smartphone features a 13-megapixel dual rear camera unit and is backed by a 7,000mAh battery. The battery is said to deliver up to 41 hours of talk time with a single charge.

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Chandrayaan-3 Launch Window Set Between July 13 and July 19: ISRO Chairman

Indian Space Research Organisation (ISRO) Chairman S Somnath on Monday said that the launch day for Chandrayaan-3 for a soft landing on the moon is July 13. "We will be able to do a soft landing on the moon. The launch day is July 13, it can go upto 19th," ISRO Chairman S Somnath said on the launch of Chandrayaan-3. He said that the launch date would be July 13. How...

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Apple Forced to Make Major Cuts to Vision Pro Production Headset's Complex Design Posing Problems: Report

Apple has been forced to make major cuts to production forecasts for its augmented-reality headset Vision Pro launched last month, the Financial Times reported on Monday, citing multiple people with direct knowledge of the manufacturing process.

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Elon Musks Twitter Read Limits Could Undermine New CEOs Efforts to Attract Advertisers Experts Say

Elon Musk's move to temporarily cap how many posts Twitter users can read on the social media site could undermine efforts by the company's new Chief Executive Linda Yaccarino to attract advertisers, marketing industry professionals said.

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Apple Working on AirPods Pro With Hearing Health Monitoring Body Temperature Sensing: Mark Gurman

Apple is working on new health features such as body temperature monitoring and hearing health tracking for its AirPods Pro truly wireless stereo earphones, according to Bloomberg's Mark Gurman. In his weekly newsletter, Gurman states that Apple's future AirPods and AirPods Pro models will reportedly be equipped with a USB Type-C port.

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Facebook Acted on Only 27 Percent of User Complaints in May in India as Grievances Surged to 16995

Meta's Facebook took action against only around 27 percent of complaints it received from users and Instagram against less than half of the total grievances raised by users in May 2023, according to the company's latest India Monthly Report. Individual grievances on Facebook more than doubled to 16,995 and jumped over 68 percent on Instagram in May compared to April d...

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Twitter Limits Number of Tweets Free and Verified Users Can Read No Access Without Account

Elon Musk this weekend announced that Twitter is imposing a temporary cap on the number of tweets that accounts can see each day. Unverified users can view as many as 600 posts daily while Twitter Blue subscribers can see 6,000 posts. New accounts will get 300 posts per day.

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First Ever View of the Milky Way Seen Through the Lens of Neutrino Particles

Data collected by an observatory in Antarctica has produced our first view of the Milky Way galaxy through the lens of neutrino particles. It’s the first time we have seen our galaxy “painted” with a particle, rather than in different wavelengths of light. The result, published in Science, provides researchers with a new window on the cosmos.

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Crypto Becomes Regulated Financial Sector in UK: Details

The UK has officially regulated the crypto sector under its newly passed Financial Services and Markets Act 2023. With regulating the crypto sector, the UK is essentially gearing up to bank on all the growth and employment opportunities that the industry unlocks in fintech.

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European Space Agency Telescope Euclid to Launch in SpaceX Falcon 9 Rocket to Explore Dark Universe

A SpaceX Falcon 9 rocket in Florida stood poised for launch on Saturday carrying an orbital telescope Euclid built by the European Space Agency (ESA) to shed light on mysterious cosmic phenomena known as dark energy and dark matter, unseen forces scientists say account for 95 percent of the known universe.

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