April 29, 2023

News

BYJU’S states ED search was ‘routine inquiry’, will cooperate with authorities

Tom
April 29, 2023

BYJU’S responded to Business Today’s queries and stated that the recent visit by officials from the Enforcement Directorate (ED) in Bangalore was related to a routine inquiry under FEMA. The…

News

Apple and Amazon “committed” to big screen, says theater executives

Tom
April 29, 2023

CinemaCon, an annual event for owners of multiplex chains and arthouse screens, took place in a positive atmosphere this week. This is in contrast to the last three years, which…

News

Qualcomm to lay off 5% of staff

Tom
April 29, 2023

Qualcomm is cutting jobs, according to sources. 5% of staff will be laid off. Most of the cuts will impact the mobile division. The mobile division will lay off about…

News

Every Village to be Connected with 4G by 2024, Says Minister of State for Telecom

Tom
April 29, 2023

Minister of State for Telecom, Devusinh Chauhan, announced that every village in India will be connected with 4G by 2024. Prime Minister Narendra Modi motivates everyone to do more and…

News

Jack Dorsey says Elon Musk was the only option for Twitter to survive as a public company

Tom
April 29, 2023

Jack Dorsey, the Twitter cofounder, said on Bluesky that Elon Musk was the only alternative for Twitter to survive as a public company. Dorsey acknowledged that Musk may not have…

News

Social media shopping scams are increasing, with young adults as the primary targets

Tom
April 29, 2023

Shopping scams are growing on social media. Young adults are the primary targets of these scams. Here are some tips for protecting yourself from such scams.

News

Software Engineers Worry AI Could Replace Them

Tom
April 29, 2023

Dozens of tech workers are discussing the possibility of being replaced by AI on job site Blind. They are strategizing for when AI will replace them and questioning if this…

News

Survey finds students concerned about job loss due to AI

Tom
April 29, 2023

A survey found that students are concerned about job loss due to artificial intelligence (AI). Most of the respondents believe that their career progression will be hindered if they do…

News

Indian-origin ex-CEO of Silicon Valley’s HeadSpin pleads guilty to fraud charges

Tom
April 29, 2023

Manish Lachwani, former CEO and founder of tech start-up HeadSpin, pleaded guilty in San Francisco federal court. He pleaded guilty to two counts of wire fraud and one count of…

News

Tesla owner’s car set on fire, caught on video by Sentry Mode

Tom
April 29, 2023

A Tesla Model S was set on fire outside an apartment complex. A video appears to show a man pouring liquid on the car and setting it ablaze. The incident…

News

Standard Chartered analyst suggests that Bitcoin could surge 70% if US defaults on debt

Tom
April 29, 2023

Standard Chartered’s Geoff Kendrick suggested that the optimal trade would be to go long on Bitcoin and short on Ethereum. If the US defaults on its debt, Bitcoin could increase…

News

Elon Musk introduces paywall for Twitter data

Tom
April 29, 2023

Elon Musk has rolled out a paywall for Twitter’s data. Companies and developers will now have to pay to access Twitter’s API. This is part of Twitter’s effort to generate…

News

SVB Considered Selling up to $20bn in Bonds to Stem Liquidity Crisis

Tom
April 29, 2023

SVB discussed selling up to $20bn in bonds to help stem a liquidity crisis. This was considered as early as November of last year. Documents show that this drastic action…

News

Thomas Kurian’s journey to profitability for Google Cloud: “We weren’t in a great place”

Tom
April 29, 2023

Thomas Kurian, head of Google Cloud, has been focusing on gaining large customers and increasing data center efficiency. His goal is to make Google Cloud profitable. He acknowledges that Google…

News

Lyft employees to return to office as new CEO outlines vision

Tom
April 29, 2023

David Risher, Lyft’s new CEO, has told employees in an all-hands meeting that they must come back into the office at least three days a week, starting this fall. This…

News

OpenAI, Maker of ChatGPT, Secures $300 Million in Funding at Valuation of $27 Billion – $29 Billion: Report

Tom
April 29, 2023

OpenAI, maker of ChatGPT, has completed a $300 million funding round. The company is valued at $27 billion – $29 billion. Participating venture capital firms include Tiger Global, Sequoia Capital,…