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Intel suffered $7 billion loss in 2023 in chipmaking unit
Intel's chip-making division suffered a set back of $7 billion in operating losses in 2023, an increase from the $5.2 billion loss...
Apr 3, 20241 min read


Wait list for Xiaomi's first EV up to 7 months
Chinese electronics giant Xiaomi is advising prospective buyers about potential wait times of up to seven months for its latest SU7...
Apr 1, 20242 min read


Byju's gets greenlight for shareholders' meeting for $200 mn rights issue
Ed-tech firm Byju’s has scored legal victories that allow the company to move forward with its scheduled Extraordinary General Meeting...
Mar 29, 20242 min read


EU rejects Apple's App Store changes, may fine firm for up to 10% of global revenue
The European Union (EU) has launched a formal investigation against Apple for potential non-compliance with EU anti-trust laws, citing...
Mar 26, 20242 min read


Reddit CEO draws criticism over 'super salary' ahead of stock market debut
Reddit co-founder and CEO Steve Huffman has come under fire from both Redditors and media outlets following the disclosure of his...
Mar 21, 20242 min read


AI firm Cohere close to securing $500 million in funding
Artificial Intelligence firm Cohere, specialised in building foundational models, is reportedly in the final stages of negotiations to...
Mar 21, 20242 min read


Paytm gets third party licence to continue with UPI
Paytm owner One97 Communications Limited has received a third party licence from the Indian government which will enable it to continue...
Mar 15, 20242 min read


Apple shelves car dream after spending billions
Apple reportedly invested around $1 billion annually into its car project, and employed thousands of staff, before abruptly halting it...
Mar 11, 20242 min read


Nikon acquires video camera pioneer Red
Nikon Corporation has acquired 100 per cent ownership of popular video camera company RED.com, LLC (RED) for an undisclosed amount. Upon...
Mar 8, 20242 min read


Nvidia crosses $2 trillion in market value as AI-backed rally continues
Nvidia's market value crossed the $2 trillion mark for the first time as an AI-driven surge got a boost on Wall Street. The uptick came...
Mar 2, 20242 min read


India greenlights 3 semiconductor plants with $15.2 billion investment
The Indian government has shown green light to the construction of three semiconductor plants with an investment of Rs 1.26 trillion...
Mar 1, 20241 min read


RBI nod to Paytm to migrate payment business to other banks
The Reserve Bank of India (RBI) has granted the approval for Paytm to shift its UPI-based payments operations from Paytm Payments Bank to...
Feb 24, 20242 min read
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