Technology Giants

Lenovo looks to expand as Q2 results beat estimates; eyes AI growth

The Chinese technology company reported revenue of $17.9 billion for the quarter ended Sept 30, exceeding analysts' expectations of $16 billion

Growing reliance on Big Tech firms for AI carries new risks: European banks

Excitement around using artificial intelligence (AI) in financial services - widely used already for detecting fraud and money-laundering - has soared

India has fewer than 2,000 senior engineers for developing core AI products

This stands in stark contrast to the 650,000-700,000 individuals that the tech industry body Nasscom said have received training in AI within leading tech companies

How Shriram General Insurance Co's MD & CEO stays mentally, physically fit

From technology detox to meditation and deep breathing, Anil Aggarwal incorporates wellness into his daily routine

Microsoft hires ousted CEO Sam Altman, OpenAI stares at mass exodus

He, along with Brockman, to lead a new AI research team; 500 OpenAI staffers threaten to quit unless board resigns

Apple makes Wall St history as first company with market value over $3 trn

The iPhone maker briefly rose above the $3 trillion level in early 2022, although it failed to close above it, and that peak marked the start of a downtrend that has now been fully erased

Google working on in-house version of Apple's AirTag device tracker

Tech giant Google is reportedly developing its own version of Apple's AirTag tracker

Linux Foundation partners with tech giants take to compete Google Maps

In order to create complete, accurate and updated map data as the physical world changes, Overture members will combine their resources

Deloitte expands pact with Google Cloud to double down its specialisations

The two firms will help clients across industries innovate and implement Google Cloud technology at scale

Meta Platforms' India staffers on edge over layoff media reports

The global tech giant is struggling, but its India unit is performing rather well

'Contrary to core values': Oracle reacts after SEC fine over slush funds

Indian employees of US tech giant used discount scheme in dealing with transportation firm owned by railways ministry: Regulator

Apple, Google, Amazon India execs to depose before House panel on Tuesday

Top executives of the Indian arms of Apple, Google, Amazon, Netflix and Microsoft will on Tuesday depose before a parliamentary panel looking into anti-competitive practices in the digital space, the committee's chairman Jayant Sinha said. The Parliamentary Standing Committee on Finance has been looking into various aspects of competition in the marketplace, especially concerning technology majors. According to a notice issued by the Lok Sabha Secretariat, the agenda of the meeting is "Oral evidence of the representatives of big tech companies on the subject 'Anti-Competitive' practices by big tech companies." "Representatives of Apple, Microsoft, Amazon, Google, Netflix, from their Indian arms and a few others will appear before the parliamentary panel on the issue of competitive behaviour in the digital market," Sinha told PTI on Sunday. The BJP leader and former Union minister further said the committee has already held deliberations with the Competition Commission of India (CCI

Toshiba's CEO Satoshi Tsunakawa steps down amid restructuring efforts

Toshiba's Chief Executive Satoshi Tsunakawa is stepping down, as the embattled Japanese technology giant seeks to restructure and restore its reputation.

Govt to roll out 5-year strategic plan to make India big tech player: MoS

The minister said the government is willing to walk the extra mile and is open to all sorts of consultations to prepare a road map for India to emerge as a significant player in the technology space.

Tech giants' growth in digital financial services poses stability risk: RBI

India has seen massive interest from deep pocketed global technology players in recent years as Amazon.com Inc., Alphabet, others.

Google halves Play billing fee to 15% for developers on first $1 mn revenue

Last year, Google then stretched its deadline for Indian app developers to comply with a new billing system for commission fees by six months

Think big tech is troubled? From Google to Apple, it's just getting started

With so little to really worry about, Big Tech is planning for a future far beyond any present-day turmoil