Samsung acquires British knowledge graph tech startup for AI
Seoul, July 18 - Samsung said on Thursday it has acquired the British artificial intelligence (AI) and knowledge graph tech startup Oxford Semantic Technologies in a bid to strengthen its in-device AI capabilities.
LTIMindtree’s net profit drops 1.5 pc to Rs 1,135 crore, revenue up 5 pc
Mumbai, July 17 - Global technology consulting and digital solutions company LTIMindtree on Wednesday reported consolidated net profit at Rs 1,135 crore for the April-June quarter, a 1.5 per cent decrease from Rs 1,152 crore in the year-ago period.
Health Minister Nadda for robust drug regulation to maintain ‘pharmacy of world’ tag
New Delhi, July 17 - India must have a robust drug regulation framework to maintain the title ‘pharmacy of the world’, said Union Health Minister, JP Nadda on Wednesday.
Manufacturing sector to play crucial role in journey towards Viksit Bharat: NITI Aayog
New Delhi, July 17 - NITI Aayog on Wednesday said the manufacturing sector, led by electronics, will play a crucial role in India's journey towards becoming 'Viksit Bharat', which can be achieved by accelerating 'Make in India' by engaging in Global Value Chains
Private equity investments in Indian real estate surge 15 pc to $3 bn in H1 2024
Mumbai, July 17 -Private equity (PE) investments in the Indian real estate sector surged 15 per cent (year-on-year) to $3 billion in the first half this year, from $2.6 billion in H1 2023, a report showed on Wednesday.
Working closely with component partners in India to boost infra, supply chain: Samsung’s TM Roh
New Delhi, July 17 - As India doubles down on local electronics manufacturing and the entire ecosystem around it, Samsung, which has been operating its manufacturing facility in the country since 1996, is working closely with component partners in the domestic market to
Nasscom seeks withdrawal of contentious Karnataka quota Bill
New Delhi, July 17 - Nasscom, representing India’s $250 billion technology industry, on Wednesday said it is seriously concerned about the provisions of a Bill providing for reservation for Kannadigas in private companies in Karnataka.
Vietnamese hackers fuelling WhatsApp e-challan scam in India: Report
Bengaluru, July 17 - A highly technical Android malware campaign by Vietnamese hackers is targeting Indian users through fake traffic e-challan messages on WhatsApp, according to a report on Wednesday.
Meta rolls out ‘verified subscription’ plans for businesses in India
Mumbai, July 17 - Meta on Wednesday introduced verified subscription plans for businesses on Facebook and Instagram in India.
Google to empower 10,000 Indian startups in AI, unveils new tools
Bengaluru, July 17 - Google on Wednesday said it is working with MeitY ‘Startup Hub’ to train 10,000 startups in artificial intelligence (AI), as the tech giant expanded access to its AI models and introduced new language tools for the developers in the
Indian exports remain resilient in Q1 FY25, core goods show positive growth
New Delhi, July 17 - Indian exports remained resilient in the first quarter of current fiscal (FY25), as core export goods such as drugs and pharmaceuticals, engineering goods, organic and inorganic chemicals and readymade garments exhibited positive growth, a report showed on Wednesday.
How Apple Safari browser is safeguarding users’ personal data from misuse
New Delhi, July 17 - As millions of people remain concerned about the safety of their data when they browse the web, Apple has revealed how data tracking is still all-pervasive and browsers can expose users to it without their permission — tracking
Why Elon Musk is shifting X and SpaceX headquarters from California
San Francisco, July 17 - Tesla and SpaceX CEO Elon Musk on Wednesday said he will move the headquarters of its aerospace company as well as social media platform X from the US state of California.
Samsung launches energy management service for Tesla vehicles
Seoul, July 17 - Samsung has launched an energy management service for Tesla electric vehicles in the United States as part of their strategic partnership aimed at enhancing connectivity at home, industry sources said on Wednesday.
Global PC market reach 62.5 million PC units ahead of upcoming AI boom
New Delhi, July 16 - Global PC shipments grew 3.1 per cent in the second quarter this year to reach 62.5 million PC device units, the second consecutive quarterly growth in shipments (year-on-year), a report said on Tuesday.
Adani Group-backed Sirius Digitech acquires Coredge.io to safeguard data sovereignty
Ahmedabad, July 16 - Amid the global call for safeguarding data sovereignty, Sirius Digitech Ltd, a joint venture between the Adani Group and Sirius International Holding, a subsidiary of International Holding Company (IHC), on Tuesday announced the acquisition of Coredge.io, a sovereign AI
Current international poverty line misleading: Study
New Delhi, July 16 - The currently-used international poverty line is misleading, and billions of foreign aid dollars could be utilised more effectively if the line was more accurate statistically, a study revealed on Tuesday.
EV startup Statiq joins BPCL to accelerate sustainable mobility
New Delhi, July 16 - In a bid to foster sustainable mobility, EV charging network provider Statiq on Tuesday joined Bharat Petroleum Corporation Ltd (BPCL) to accelerate the adoption of electric vehicles in the country.
NCLT accepts BCCI insolvency plea against Byju’s, ed-tech firm to challenge decision
Bengaluru, July 16 - The National Company Law Tribunal (NCLT) on Tuesday accepted the plea filed by the Board of Control for Cricket in India (BCCI) against the embattled ed-tech firm Byju's by admitting its parent company, Think and Learn Pvt Ltd, into
India may increase FY25 capex by 8-10 pc from Rs 11.11 lakh crore: Report
Mumbai, July 16 - India may increase its FY25 capex by 8-10 per cent from the Rs 11.11 lakh crore allocated earlier, owing to higher-than-expected tax revenue and a record surplus transfer by the Reserve Bank of India (RBI), a report showed on