Technology

X rival Threads set to hit 200 million monthly active users

New Delhi: As more than 3.2 billion people use at least one of Meta apps daily, X rival Threads is about to hit 200 million monthly active users (MAUs), Meta Founder and…
India becomes largest market for Meta AI usage: Mark Zuckerberg

New Delhi: Meta Founder and CEO Mark Zuckerberg has said that India is now their largest market for artificial intelligence (AI) usage. In the Q2 earnings call with analysts, Zuckerberg said they…

Digital initiatives likely to triple India’s retail lending by 2030: Report

Mumbai: Digitalisation has driven financial inclusion in India and government initiatives in this sector are estimated to triple retail borrowing to about $2.5 trillion, or about 34 per cent of the GDP,…
AI-powered antibiotic breakthrough offers hope for drug development

New Delhi: In a major advancement for tackling antibiotic resistance, researchers at The University of Texas at Austin have developed a promising new antibiotic using artificial intelligence. The research, published in Nature…
Stock market closes near all-time high; Nifty at 24,951

Mumbai: Indian equity indices closed near an all-time high on Wednesday following positive action in the broader market. At closing, the Sensex was at 81,741, up 285 points or 0.35 per cent,…
Samsung’s operating profit surges 15 times to $7.54 billion in Q2

Seoul: Samsung Electronics said on Wednesday its second quarter (Q2) operating profit surged more than 15 times from a year earlier on the robust performance of its semiconductor business. The world’s largest…
Copilot driving GitHub’s growth, annual revenue run rate at $2 billion: Nadella

San Francisco: Artificial intelligence (AI) assistant Copilot accounted for over 40 per cent of GitHub’s revenue growth this year as the annual revenue run rate of the open-sourced developer platform has reached…

Average data breach cost in India touches record Rs 19.5 crore

Bengaluru: The average cost of a data breach in India reached an all-time high of Rs 19.5 crore this year, as the local industrial sector experienced the costliest cyber attacks across sectors,…
India sees 21 pc growth in data centre absorption, demand surges from tier 2, 3 cities

New Delhi: India saw 21 per cent growth in data centre absorption in the first half this year — from 778 megawatts (MW) capacity in H1 2023 to nearly 942 MW in…
Customer service calls on hold resulted in 15 bn hours loss for Indians in 2023: Report

New Delhi: Customer service calls on hold resulted in a massive loss of 15 billion hours for Indians last year, resulting in likely $55 billion in economic loss output, a report revealed…
YouTube reveals new ways for Indian creators to earn, unlock ‘fandoms’

New Delhi: Google-owned YouTube is helping Indian creators unlock ‘fandoms’ in three ways — creation, monetisation and community – allowing them new tools to generate revenue directly from dedicated fans, Ishan John…
Allegations by MapMyIndia false, misleading: Ola Electric

New Delhi: Ola Electric on Monday said that allegations made by CE Info Systems Ltd, the parent company of MapMyIndia, in a legal notice against the EV firm are false and misleading.…
India-made telecom equipment now being exported to more than 100 nations

New Delhi: Designed and manufactured in India, telecom equipment is now being exported to over 100 countries, the Centre has informed. Last year, the country exported telecom equipment and services worth more…
AI & robotics firms dominate office space absorption in Bengaluru in Q2: Report

Bengaluru: Rapid global advancement in artificial intelligence has spurred demand for office space, and AI and robotics companies accounted for 21 percent of the city’s absorption in the April-June quarter, a report…
India fastest-growing market, offers huge opportunity for us: Top Samsung executive

New Delhi: Signalling the growing importance of India for the South Korean giant, Jong-Hee (JH) Han, Vice Chairman, CEO and Head of the Device Experience (DX) Division at Samsung Electronics, said on…