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TSMC 2023's biggest chipmaker, leaves behind Intel, Samsung in revenue
Source: Taiwan Semiconductor Manufacturing Co., Ltd Taiwan Semiconductor Manufacturing Company (TSMC) in 2023 surpassed both Intel and...
Feb 7, 20242 min read


Dutch firm Yandex divests Russian businesses in $5.2 billion deal
Dutch company Yandex NV has agreed to sell its Russian businesses in a Kremlin-brokered 475-billion-rouble, or $5.21 billion, deal to a...
Feb 5, 20242 min read


Paytm market value down by $2.5 billion since RBI crackdown; traders warned against app use
Beleaguered fintech firm, Paytm witnessed a 10 per cent decline in its shares on Monday, nearing an all-time low. The fall is a...
Feb 5, 20242 min read


Chinese carmaker Geely deploys 11 satellites for precise vehicle navigation
Chinese automaker Geely Holding Group has deployed its second set of low-Earth orbit satellites, launching 11 of them in space from the...
Feb 4, 20241 min read


Paytm loses fifth of market value post RBI directive
Indian digital payments firm Paytm saw a 20 per cent drop in market value on Thursday as the central bank instructed its payment bank...
Feb 2, 20242 min read


Reliance builds 'Jio Brain' to bring power of AI to telecom
Jio Platforms, a subsidiary of Reliance Industries, has built an AI-powered platform named 'Jio Brain,' which integrates machine learning...
Jan 31, 20241 min read


Japan all set to retire 90s relic floppy disc
Japan is bidding farewell to the floppy disk, a previously mandatory medium for submitting around 1,900 official documents to the...
Jan 31, 20242 min read


Elon Musk-owned xAI eyeing $6bn in funding to catch up with close rivals
Elon Musk's artificial intelligence startup xAI is reportedly engaged in discussions to secure funding of up to $6 billion from global...
Jan 26, 20242 min read


Netflix signs $5 bn deal for exclusive rights to stream WWE
Netflix has secured exclusive rights to air World Wrestling Entertainment’s weekly show "Raw" in a 10-year $5 billion deal with TKO...
Jan 24, 20242 min read


Amazon plans to charge subscription for revamped Alexa as losses mount
Beset with mounting losses, Amazon is gearing up to introduce a paid subscription tier for its voice assistant, Alexa, called "Alexa...
Jan 22, 20242 min read


OpenAI CEO Sam Altman raising funds to set up chip factories to power AI boom
OpenAI CEO Sam Altman is working to shore up billions of dollars to establish a global network of semiconductor manufacturing units to...
Jan 21, 20241 min read


Indian smartphone market clocks 20% rebound in Q4, ends year with 2% decline
India scored a remarkable 20 per cent rebound in the smartphone market shipping 38.9 million units in Quarter 4 of 2023, market analyst...
Jan 21, 20242 min read
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