Startup ecosystem resilient enough to drive growth despite turbulent 2023
New Delhi, Feb 3 - Despite facing global challenges in 2023 like valuation issues, few IPOs, regulatory changes and macroeconomic and geopolitical trends, India remains the third largest tech start-up ecosystem globally, with over 950 tech startups founded last year.
‘Digital India FutureLABS’ to catalyse next wave of startups from India: MoS IT
New Delhi, Feb 3 - The government on Saturday launched the ‘Digital India FutureLABS’ initiative that will enable partnerships between the government, startups and large enterprises to foster the next-generation electronics design ecosystem, thus catalysing the next wave of startups from the country.
Google officially ends its ‘cached’ web page feature
San Francisco, Feb 3 - Google has officially retired its 'cached' web page feature as the company said that it was 'no longer required'.
Identify & remove deepfakes else face legal action, govt reminds intermediaries
New Delhi, Feb 3 - The government has emphasised that social media intermediaries should identify and remove misinformation or information that impersonates another person, including those created using deepfakes, else face the legal action, as actor Akshay Kumar finds himself in the crosshairs
SpaceX invites research proposals for Dragon human spaceflight missions
San Francisco, Feb 3 - Elon Musk-run SpaceX has quietly invited proposals for exceptional science and research ideas that will enable life in space and on other planets, to be executed on orbit using its Dragon spacecraft capsule.
Some customers had tears in their eyes at Vision Pro launch: Tim Cook
San Francisco, Feb 3 - As Apple CEO Tim Cook greeted first customers of the $3,499 mixed reality (MR) headset Vision Pro, he realised some of them even had tears in their eyes as they either bought the device or tried it out
Apple not to license Masimo’s patents despite Watch import ban
San Francisco, Feb 3 - Apple has no intention to license healthcare company Masimo's blood oxygen detection to end the Apple Watch import ban.
MoU signed to make Hyderabad hub of AI development, innovation
Hyderabad, Feb 3 - The Telangana governmenton Friday signed an MoU with 3AI, India's largest platform for AI & Analytics leaders and professionals, to position Hyderabad and Telangana as a global hub of Artificial Intelligence (AI) development and innovation.
WhatsApp bans record over 69L bad accounts in India in Dec 2023
New Delhi, Feb 2 - Meta-owned WhatsApp banned a record over 69 lakh bad accounts in India in the month of December 2023, in compliance with the new IT Rules 2021, the company said on Monday.
Tesla recalls more than 2 mn vehicles in US over warning lights issue
San Francisco, Feb 3 - Elon Musk-run Tesla is recalling more than two million vehicles -- almost all of the cars it sold in the US -- due to incorrect font size on warning lights.
Jeff Bezos to sell 50 mn Amazon shares in next 12 months
San Francisco, Feb 3 - Amazon founder Jeff Bezos is planning to sell at least 50 million company shares in the next year, the media reported.
Zuckerberg fifth richest person in the world following surge in Meta share price
New York, Feb 2 -Meta Platforms CEO Mark Zuckerberg is now the fifth richest person in the world following a surge in Meta’s share price that has seen his net worth increase more than any other individual this year, MarketWatch reported.
Zomato CEO Deepinder Goyal buys 2 plots worth Rs 79 cr in New Delhi
New Delhi, Feb 2 - Zomato co-founder and CEO Deepinder Goyal has reportedly bought two plots of land (about 5 acres each) worth Rs 79 crore in Mehrauli area of the national capital.
Polygon Labs slashes nearly 19% of its workforce for ‘enhanced performance’
New Delhi, Feb 2 - Polygon Labs, the team focused on building the layer-2 blockchain Polygon, has laid off about 19 per cent of its workforce, or 60 employees.
Investors have no voting rights on CEO change: Byju’s
New Delhi, Feb 2 - Embattling edtech company Byju's on Friday said investors have no voting rights on CEO change, after statements from a select few investors surfaced, calling for an extraordinary general meeting (EGM) to replace founder and group CEO Byju Raveendran.
Google’s Gemini Pro in Bard now available in nine Indian languages
New Delhi, Feb 2 - Google, which brought Gemini Pro into its AI chatbot Bard in English last December, has now made it available in more than 230 countries and territories in over 40 languages, including nine Indian languages.
Byju’s saga: Salaries delayed, US unit files for bankruptcy
New Delhi, Feb 2 - Embattling edtech company Byju's has reportedly delayed salaries of its employees for the month of January, as the firm aims to raise funds through a rights issue.
Amazon logs record $140 bn in net sales in holiday quarter
San Francisco, Feb 2 - Net sales for Amazon increased 14 per cent to $170 billion in the holiday quarter that ended December 31, 2023, compared with $149.2 billion in the fourth quarter of 2022.
Paytm app will keep working beyond Feb 29: Founder & CEO Vijay Shekhar Sharma
New Delhi, Feb 2 - Paytm's associate Bank recently received the Reserve Bank of India's (RBI) directions in response to which Paytm's Founder and CEO Vijay Shekhar Sharma assured users that Paytm app will continue to work beyond February 29.
Apple iPhone revenue reaches $69.7 bn in Dec quarter, up 6%
New Delhi, Feb 2 - Apple has registered $69.7 billion revenue for iPhones in the December quarter of 2023, a 6 per cent growth year-over-year.