[ad_1] E-bike rental startup Yulu, which is looking to go public, expects to turn operationally profitable by September and plans to expand its presence in India and abroad, its chief executive said. The startup, which currently operates in Bengaluru, Delhi and Mumbai, will venture into cities including Hyderabad, Pune, Chennai, Kolkata and Ahmedabad over the … Read more
[ad_1] During the Data Center and AI Technology Premiere, AMD has announced its continued partnership with Amazon Web Services (AWS) and has introduced the next generation of Amazon Elastic Compute Cloud (Amazon EC2) instances, powered by 4th Gen AMD EPYC processors. “AWS has worked with AMD since 2018 to offer Amazon EC2 instances to customers. … Read more
[ad_1] Walmart‘s Flipkart marketplace and PhonePe payments business in India could be $100 billion (Rs. 8,19,750 crore) businesses buoyed by strong growth, the retailer’s chief financial officer said on Wednesday at an investor conference. Walmart does not break out sales of Flipkart and PhonePe but over the past few months, executives have singled out the … Read more
[ad_1] Cryptocurrency exchange Binance has not sold either bitcoin or Binance Coin, its native token, the company’s CEO Changpeng Zhao tweeted on Tuesday. Last week, Binance was sued by the US Securities and Exchange Commission, which listed 13 charges against the company, Zhao and the operator of its purportedly independent US exchange. The lawsuits against … Read more
[ad_1] Smartphone major Samsung has opened its biggest premium experience store in Telangana as it eyes to increase the share of business from premium products to 60 percent in the state, the company said on Wednesday. Spread over 3,500 square feet, it is at par in terms of Samsung’s premium experience store in Delhi. “We … Read more
[ad_1] A bipartisan group of six senators and two members of the House of Representatives on Wednesday introduced legislation to protect Americans’ data from being used by US adversaries. The bill is the latest in a series of proposals aimed at addressing concerns about the data of Americans using foreign-owned social media apps like TikTok. … Read more
[ad_1] Apple unveiled its first-ever mixed reality headset, Vision Produring its annual developer conference, WWDC 2023. The latest search data analysis has revealed that online searches for Mixed Reality (MR) on Google have increased globally by 1130% since then. According to a report by Digital-adoption.com (spotted by The Economic Times), the surge was noticed since … Read more
[ad_1] Society of Manufacturers of Electric Vehicles on Tuesday said it has petitioned the National Green Tribunal (NGT) expressing concerns against the government’s move to cut FAME II subsidy and support a ‘Green Tax’ on fuel-based two-wheelers. The Ministry of Heavy Industries’ latest decision to cut down FAME II subsidies is likely to disrupt India’s … Read more
[ad_1] Realme’s popular VP for Business and Corporate Strategy (Global) Madhav Sheth has bid goodbye to the technology brand. There have been rumours of Sheth leaving the company. Sheth made the official announcement today in a Twitter post. Sheth has been with the company for almost five years. Realme Founder Sky Li will now oversee … Read more
[ad_1] Dubai-based electronics brand Endefo, a brand under the Ashtel Group of Companies, has announced that its plan to invest Rs 200 crore in the Indian wearable technology market by the end of 2024.In a statement, the company said that it aims to secure a 10 per cent market share in the Indian Weartech segment … Read more