Apple and Samsung Electronics will invest in SoftBank Group-owned chip designer Arm at its initial public offering (IPO), expected in September, Japan’s Nikkei newspaper reported on Tuesday. Reuters reported in June that Arm was in talks with some ten companies – including Apple, Samsung, and Intel – with the aim of bringing on one or
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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
WhatsApp beta — the company’s testing version of the popular messaging app — has added a new feature with the latest update. Previously referred to as audio chats, this feature allows users to start a voice call in a group. Meanwhile, a recent beta update also added support for sending messages to group admins for
Elon Musk said in a social media post that his proposed cage fight with Meta CEO Mark Zuckerberg would be live-streamed on social media platform X, formerly known as Twitter. The social media moguls have been egging each other into a mixed martial arts cage match in Las Vegas since June. “Zuck v Musk fight
India saw a huge surge in ransomware and IoT cyber attacks in the first half of 2023, as criminals shifted to stealthier means of malicious activities, according to a report by SonicWall. While major economies like the US and the UK witnessed a decline in ransomware attacks, India (up 133 percent) and Germany (52 percent)
Google-parent Alphabet said on Friday it had slashed its stake in Robinhood Markets by nearly 90 percent, days after the trading app said it had turned a profit for the first time as a public company. Robinhood has been struggling to regain its footing after emerging as the breakout financial technology app during the pandemic,
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
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,
Social media platform X, formerly known as Twitter, on Monday sued a nonprofit that fights hate speech and disinformation, accusing it of asserting false claims and encouraging advertisers to pause investment on the platform. US media reported earlier that X, owned by Elon Musk, had sent a letter to the Center for Countering Digital Hate
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
Advertisers and businesses will now be able to auto-generate advertisements on Google Ads platform, said Dan Taylor, vice president of global ads at Google. Using Large Language Models (LLMs) and generative artificial intelligence (Gen AI), Google Ads will be able to create campaign workflows based on business prompts given by marketers. “It learns from the
Twitter was recently rebranded as X by owner Elon Musk. On Friday, Musk claimed that the social media platform reached “new heights” with more than 540 million monthly users as compared to the reported 229 million monthly active users in May 2022. Musk took over the site in November 2022, and has since made several
Google is rolling out its unwanted tracker detection feature on Android devices, weeks after the company announced the feature at Google I/O 2023. Users who are running recent versions of Android will receive alerts when they are being tracked by an unknown Bluetooth-based tracker. The first device to be supported by the feature is Apple’s
Microsoft is reportedly expanding its Bing AI chatbot to other browsers like Chrome and Safari. While there has been no official rollout of the same, there have been reports citing confirmation from the company about the new update. Bing chatbot is said to be available for select users on Chrome and Safari. While the feature is
WhatsApp has started testing two new features on Android aimed at helping users stay safe on the messaging service while making it easier to forward messages to a group of contacts. The new security-oriented feature simply surfaces existing tools on WhatsApp to make it easier for users to deal with unwanted contact on the Meta-owned
A number of US big tech companies fell on Wednesday as Microsoft‘s results signaled how the high-stakes battle for AI supremacy will cost the tech giants that have seen their shares rally in recent months on hype around the technology. Microsoft’s shares fell 3.6 percent in early trading as the company laid out an aggressive
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
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
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
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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