Chinese e-com platform Temu under fire for aggressive marketing
Seoul, Feb 20 - Chinese online shopping platform Temu came under fire for its aggressive marketing tactics to lure customers in South Korea, industry sources said on Tuesday.
Wage negotiations at Samsung break down, union plans strike
Seoul, Feb 20 - Wage negotiations between management and a labour union at Samsung Electronics broke down, industry sources said on Tuesday, leading the union to start the process to go on strike.
Previous govts involved in some of the biggest scams: Union Minister
Mumbai, Feb 20 - Previous governments inadequately regulated critical sectors such as telecom, amid massive scams, but our approach in creating a framework of regulation has been open and transparent, Union Minister of State for Electronics and IT Rajeev Chandrasekhar has said.
Microsoft to expand AI, cloud infrastructure in Spain, invest $2.1 bn in next 2 yrs
New Delhi, Feb 20 - Microsoft's Vice Chair and President Brad Smith has announced that the company will expand its artificial intelligence (AI) and cloud infrastructure in Spain via an investment of $2.1 billion in the next two years.
PM Modi witnesses Samsung ‘Galaxy AI’ at UP event
Lucknow, Feb 20 - Prime Minister Narendra Modi on Monday met J.B. Park, President and CEO, Samsung Southwest Asia, at the UP Ground Breaking Ceremony 4.0 (GBC 4.0) and witnessed the recently-launched ‘Galaxy AI’ features.
Air India selects Thales’ in-flight entertainment system
Chennai, Feb 19 - Tata group owned Air India has selected Thales' in-flight entertainment solution. According to Thales, it will upgrade and retrofit Air India's current fleet of 40 Boeing 777s and 787s with its AVANT Up system, starting in 2024 and continuing
Google’s Gemini beats OpenAI’s ChatGPT by 3% in multi-discipline tests: Report
New Delhi, Feb 19 - Google's AI chatbot Gemini has recently outperformed Sam Altman-run OpenAI's ChatGPT in a series of comprehensive multi-discipline tests, a new report revealed on Monday.
New Space Industrial and Propellant Park to be set up in TN
Chennai, Feb 19 - Tamil Nadu will set up a new Space Industrial and Propellant Park near Thoothukudi District on 2,000 acres, said Thangam Thennarasu, Minister for Finance and Human Resources Management, here on Monday.
Internet platforms, intermediaries have legal obligation to curb deepfakes: MoS IT
New Delhi, Feb 19 - The government on Monday reiterated that internet platforms and social media intermediaries in India have a legal obligation to make sure that no misinformation or deepfakes find space on their respective platforms.
US grants $1.5 bn to GlobalFoundries to boost domestic chip production, create jobs
Washington, Feb 19 - In a bid to push chip manufacturing, US Vice President Kamala Harris on Monday announced to grant $1.5 billion to semiconductor company GlobalFoundries to expand domestic production, strengthen US supply chains, and create “thousands of good paying jobs right
Samsung Galaxy Book4 Series to be available for pre-book in India from Feb 20
New Delhi, Feb 19 (IANS) Samsung on Monday said that the pre-booking of its AI-powered Galaxy Book4 series will be available in India starting February 20.
GenAI to boost Indian financial services, add $80 bn by 2030: Report
New Delhi, Feb 19 - Generative artificial intelligence (GenAI) is set to boost Indian financial services and is expected to potentially add $66-$80 billion to the GVA (Gross Value Added) by the year 2030, a new report said on Monday.
In 10 years, Apple earned $1.65 trillion from iPhone sales: Report
New Delhi, Feb 19 - Tech giant Apple grossed a whopping $1.65 trillion from iPhone sales in the past decade, a new report has revealed.
AI Tokens see surge after OpenAI’s text-to-video model Sora launch
New Delhi, Feb 19 - Following the launch of OpenAI's text-to-video model Sora, a significant growth have been witnessed in the artificial intelligence (AI)-related tokens over the weekend.
Nothing CEO suggests Musk to change name to ‘Elon Bhai’
New Delhi, Feb 19 - London-based consumer electronics brand Nothing CEO and co-founder Carl Pei has suggested Tesla CEO Elon Musk to change his name to 'Elon Bhai' on X.
NITI Aayog calls for prioritising tech, AI for senior care in India
New Delhi, Feb 19 - It is important to prioritise technology and Artificial Intelligence (AI) for senior care, the NITI Aayog said on Monday, in a report on senior care reforms in India.
Samsung retains top spot in global TV market for 18 straight years
Seoul, Feb 19 - Samsung Electronics said on Monday that it has retained its position as the top player in the global television market for the 18th consecutive year.
TN to establish Artificial Intelligence Mission for leveraging AI
Chennai, Feb 19 - Tamil Nadu Finance Minister Thangam Thennarasu on Monday said that the state would establish an Artificial Intelligence (AI) Mission to develop guidelines for constructively leveraging AI in education, employment, industry, research and medicine.
Indian founders meet Nvidia CEO as part of Peak XV’s AI focused trip
New Delhi, Feb 18 - Indian founders of venture capital fund Peak XV (earlier Sequoia Capital India and Southeast Asia) have met the CEO of chip-maker Nvidia Jensen Huang at the company's campus in the Bay Area in the US as part of
Next generation rocket project report ready: ISRO Chairman
Sriharikota (Andhra Pradesh), Feb 17 - The project report for the next generation rocket has been submitted by the project team and the next stage is to seek government funds, said S. Somanath, Chairman, Indian Space Research Organisation (ISRO).