Business

Google Workspace chief Javier Soltero quits after 3 years

Google Workspace head Javier Soltero has announced he is bidding goodbye to the company after serving for three years and July 15 will be his last working day at the tech giant.

Hyundai's sales fall 4.5% globally amid chip shortage

Hyundai Motor, South Korea's biggest carmaker, said on Friday that its sales fell 4.5 per cent in June from a year earlier, as a global chip shortage continued to affect its vehicle production and sales.

Moj launches live video streaming platform for creators

Short-video platform Moj on Friday launched a live video streaming platform -- Moj LIVE -- that enables creators to authentically showcase their talent and deeply engage with their users in real-time.

Battlegrounds Mobile India now has 100 mn users

Game developer Krafton on Friday announced that its popular battle royale game Battlegrounds Mobile India (BGMI) has surpassed 100 million registered users.

BMW adopts Google's Android Automotive OS for future vehicles

Leading automaker BMW Group has announced it will adopt the Google Android Automotive operating platform (OS) for future vehicles.

Google rolls out new update for its password manager

Tech giant Google has announced that it is updating its password manager to make the experience easier to use, with even stronger protections built-in.

Facebook starts testing NFTs with select creators

Facebook has rolled out a test to support non-fungible tokens (NFTs) with a select group of creators in the US on its platform, as it aspires to capture the multi-billion dollar metaverse industry.

Lenskart takes majority stake in Japanese eyewear firm Owndays for $400 mn

Omnichannel eyewear unicorn Lenskart on Thursday announced it has taken a majority stake in Japanese eyewear brand Owndays in a deal that is reportedly around $400 million.

Fire-Boltt unveils new affordable smartwatch

Domestic smart wearable brand Fire-Boltt on Thursday launched Ring 3 -- a feature-loaded affordable smartwatch from its popular Ring series.

Garmin unveils new smartwatches with solar charging in India

With an aim to woo Indian consumers, Garmin on Thursday launched new smartwatches under Forerunner 955 Solar and GPS running smartwatch Forerunner 255 series in India.

Spotify launches new programme for emerging podcasters in India

Swedish music streaming platform Spotify has launched a new programme that will elevate emerging podcasters around the world, including in India, and provide them with support to grow their audiences.

Snap's paid subscription 'Snapchat Plus' now live for $3.99/month

Popular social media platform Snapchat has announced that it is launching Snapchat Plus, a collection of exclusive, experimental, and pre-release features available on the platform, for $3.99 per month.

Dell unveils its latest commercial laptops in India

To further elevate the hybrid work experiences for organisations, Dell Technologies on Wednesday unveiled its latest commercial portfolio -- Latitude and Precision laptops -- in the country.

Sony unveils Inzone PC gaming brand with new headsets, monitors

In a bid to expand its gaming footprint, tech giant Sony has launched new headsets and monitors under a new brand called "Inzone".

Unbranded packaged foods to be brought under GST

Unbranded pre-packaged food items, hotels with room rent less than Rs 1,000 to be brought under the Goods and Services Tax (GST) net seems to be the decision of the GST Council.

Pinterest appoints Bill Ready as new CEO

Photo-sharing social media platform Pinterest has announced that Ben Silbermann is stepping down as the current CEO and he will be replaced by Bill Ready.

S.Korea's inflation expectations hit 10-year high in June

South Korea's inflation expectations hit the highest in over 10 years this month, fueling worry about faster-than-expected interest rate hikes, central bank data showed Wednesday.

Google invests in Indian fintech startup Progcap

Google has invested in Indian startup Progcap that caters to small and medium-sized businesses, as it raised $40 million in its Series C funding round.

Google to shut down Hangouts, tell users to switch to Chat

Tech giant Google has announced that it is now starting the process of migrating free, personal Hangouts users to Chat, which it announced in October 2020.

India saw 9.36 bn transactions worth Rs 10.2 tn in Q1 2022, UPI leads

India saw 9.36 billion transactions amounting to Rs 10.25 trillion in the first quarter (January-March period) via various payment modes led by Unified Payment Interface (UPI), a new report showed on Monday.

Nitin Gupta appointed as CBDT chairman

The government has appointed Nitin Gupta as the chairman of Central Board of Direct Taxes (CBDT).

Tiger Global leads $25 mn fund-raise by India's Battery Smart

EV battery-swapping provider Battery Smart on Monday said it has raised $25 million in its Series A round led by Tiger Global, along with participation from Blume Ventures and Orios Ventures.

Google trains 8.4 mn MSMEs in Asia-Pacific, helps app makers in India

Google on Monday said it has trained 8.5 million micro, small and medium-sized enterprises (MSMEs) to date across the Asia-Pacific region through its 'Grow with Google' programmes and partnerships.

Meta builds AI models that provide realistic sounds in VR settings

Meta (formerly Facebook) has built three new artificial intelligence (AI) models designed to make sound more realistic in mixed and virtual reality experiences.

Apple set to launch several devices with flagship M2 chip

Apple is set to launch several new devices, starting from iPhone 14 series, new iPads, three Watches, refreshed AirPods Pro, new HomePod, several upgraded Macs, along with an AR/MR headset powered by its flagship M2 processor.

Body scanner to soon come up at Delhi Airport's T2 terminal

A full-body scanner will soon come up at the T-2 terminal of the Indira Gandhi International Airport in the national capital.

Apple launches 'Back to School' offer on India online store

In the hybrid learning times, Apple's annual education offer went live on its India Store Online, where those buying an eligible Mac or iPad for the college or university will get an AirPods for free along with six-months free of Apple Music.

Samsung unveils affordable Galaxy F13 in India

With an aim to further expand its popular F-series smartphone, Samsung on Wednesday launched the all-new affordable Galaxy F13 in India, which comes in two storage variants.

Amazon unveils its 1st fully autonomous mobile robot

Amazon on Wednesday unveiled its first fully autonomous mobile robot called Proteus that autonomously moves through facilities using advanced safety, perception and navigation technology developed by the company.

SoftBank Group International CEO quits in just 5 months

In a surprise move, French businessman Michel Combes, who joined as SoftBank Group International CEO in January this year, has resigned, the company announced on Wednesday.

Amazon names Herrington as CEO of Worldwide Amazon Stores

Tech giant Amazon has announced that Doug Herrington will become the new Chief Executive Officer (CEO) of the company's Worldwide Amazon Stores business, formerly known as "Consumer".

Samsung unveils 2022 soundbar lineup in India

Samsung on Tuesday unveiled its 2022 soundbar lineup for Indian consumers that comprises the flagship Q series and lifestyle S series.

Dell unveils new AMD-powered G15 laptops in India

Dell Technologies on Tuesday launched its new G15 budget gaming laptops -- powered by the AMD Ryzen 6000 H series processors for Indian consumers.

NordVPN allows users to connect directly to other devices

Leading virtual private network (VPN) service provider NordVPN on Tuesday announced a new feature called Meshnet that allows users to connect directly to other devices instead of routing their traffic through a VPN server.

3 banks duped of Rs 150 cr by 'Tamasha' and 'Nautanki' firms-turned-NPAs (Ld)

Three prominent Indian banks have been taken for a dramatic ride of a total Rs 150 crore by a couple of Indian companies, which have now become nightmarish Non Performing Assets, here recently.

Telegram launches paid subscriptions service at $5 a month

Encrypted messaging platform Telegram has announced paid subscription on its platform that is likely to cost around $5 (about Rs 400) a month.

IDBI Bank to sell property owned by Great Indian Tamasha Company

IDBI Bank has invited bids through e-auction for the sale of property of Great Indian Tamasha Company, which was running the Kingdom of Dreams in Gurugram.

Pilots Monika Khanna, Baljeet Bhatia hailed as heroes in SpiceJet fire case

The safe emergency landing of SpiceJet flight (SG-723) at the Patna airport was possible due to the cool and calm efforts of its woman pilot Monika Khanna and co-pilot Bajeet Singh Bhatia. Both the pilots have emerged as heroes and the director of the airline lauded their efforts.

Sony, Honda join hands for new EV company

Tech giant Sony and automaker Honda have joined hands to establish a new company that will engage in the sale of high-value-added electric vehicles (EVs) and provide services for mobility.

Ferrari says 60% of its lineup will be electrified by 2026

At an investor presentation, luxury carmaker Ferrari has announced that it will be 60 per cent electrified by 2026.

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