Internet

Adobe‘s $20 billion (nearly Rs. 1,65,550 crore) bid for cloud-based designer platform Figma could reduce competition in global markets for interactive product design tools and also shut out rivals, EU antitrust regulators said on Monday. The European Commission said it opened a full-scale investigation into the deal after a preliminary review triggered concerns, confirming a
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A Russian government-linked hacking group took aim at dozens of global organizations with a campaign to steal login credentials by engaging users in Microsoft Teams chats pretending to be from technical support, Microsoft researchers said on Wednesday. These “highly targeted” social engineering attacks have affected “fewer than 40 unique global organizations” since late May, Microsoft
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Taiwan’s Foxconn will invest $600 million (roughly Rs. 4,955 crore) in two projects in the southern Indian state of Karnataka for chip equipment manufacturing and casing components for iPhone models, the state government said on Wednesday. Some $350 million (roughly Rs. 2,890 crore) will go towards setting up the iPhone component unit which will generate 12,000 jobs,
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Sony Pictures is shaking up its release calendar amidst the ongoing writers’ and actors’ strikes, delaying a slew of major releases. Upcoming and confirmed Marvel projects have been pushed to 2024 and beyond, with Spider-Man: Beyond the Spider-Verse being completely taken off its planned March 29, 2024 date. Kraven the Hunter, which was eyeing a
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India’s digital public infrastructure plays on key aspects of scale and technology being centered around public interest, and is a “marvelous model” for what others can do as citizenship becomes a digitalised phenomenon globally, Nick Clegg, President of Global Affairs of Meta, said on Wednesday. Clegg spoke of how Meta and its apps like WhatsApp
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Spotify Technology on Tuesday reported second-quarter results that comfortably beat expectations for both monthly active users and subscribers, and forecast the number of listeners each month would reach 572 million next quarter. After laying out plans last year to get 1 billion users by 2030 and to reach $100 billion (roughly Rs. 8,18,900 crore) in revenue annually, Spotify
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Billionaire Elon Musk’s decision to rebrand Twitter as X could be complicated legally: companies including Meta and Microsoft already have intellectual property rights to the same letter. X is so widely used and cited in trademarks that it is a candidate for legal challenges – and the company formerly known as Twitter could face its
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Tesla Chief Executive Elon Musk on Wednesday set new targets for artificial intelligence products including self-driving software and using humanoid robots in factories, though he acknowledged he’s been optimistic before. The electric vehicle maker is in early talks with a major automaker to license its full self-driving technology, Musk added. The value of Tesla vehicles
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