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E-commerce firm Meesho has laid off 251 employees constituting 15 per cent of its workforce to cut costs and as part of its efforts to achieve profitability, a top company official said on Friday. Meesho Founder and CEO Vidit Aatrey in an email to employees informed about the decision and announced that all the affected

US chipmaker Broadcom‘s Chief Executive Hock Tan on Friday will try to convince EU antitrust enforcers that his proposed $61 billion (nearly Rs. 4,98,300 crore) bid for cloud computing firm VMware, which has triggered scrutiny on both sides of the Atlantic, is pro-competitive. Tan, flanked by his executives and lawyers, arrived early Friday morning in

Indian digital payments firm Paytm reported a 51.5 percent rise in fourth-quarter revenue on Friday, aided by a surge in loan growth, and posted an operating profit for a second consecutive quarter. Paytm’s parent, One 97 Communications, said revenue rose to Rs. 23.35 billion in the January-March quarter, from Rs. 15.41 billion a year earlier.

Artificial intelligence could pose a “more urgent” threat to humanity than climate change, AI pioneer Geoffrey Hinton told Reuters in an interview on Friday. Geoffrey Hinton, widely known as one of the “godfathers of AI”, recently announced he had quit Alphabet after a decade at the firm, saying he wanted to speak out on the

Meta Platforms has hired an Oslo-based team that until late last year was building artificial-intelligence networking technology at British chip unicorn Graphcore. A Meta spokesperson confirmed the hirings in response to a request for comment, after Reuters identified 10 people whose LinkedIn profiles said they worked at Graphcore until December 2022 or January 2023 and subsequently

Taiwan’s Foxconn, the world’s largest contract electronics maker and major iPhone assembler, said on Friday revenue in April fell 11.77 percent year-on-year due to weakness in smart consumer electronics, and expected business to drop this quarter. Foxconn said revenue last month reached T$429.2 billion (roughly Rs. 1,31,200 crore), in line with the company’s own expectations.

Microsoft has offered to charge different prices for its Office product with and without its Teams app to stave off a possible EU antitrust investigation and fine, two people familiar with the matter said. Microsoft has been seeking to address the EU competition enforcer’s concerns since last year after Salesforce-owned workspace messaging app Slack complained

After nearly a decade of groundwork and a year of announcing support for the same, Google has finally begun rolling out support for the passkeys authentication system, that it claims is more secure than standard passwords and even a 2-step verification (2SV). Apple, Google, and Microsoft, a year ago, together announced that they would begin

Apple will likely report a more than 4 percent drop in revenue, its second straight quarterly decline, weighed down by consumers shunning non-essential purchases such as iPhones and Mac computers and slowing growth at its services business. The results on Thursday from the world’s most valuable company will follow better-than-expected earnings from U.S. technology peers,

The Unique Identification Authority of India (UIDAI) on Tuesday announced the addition of a new facility on its website and mobile app to allow residents to verify their mobile numbers and email IDs seeded with their Aadhaar. The development comes after the Aadhaar custodian noticed that in some instances, residents were not aware or sure

Apple urged a London tribunal on Tuesday to block a $2 billion (roughly Rs. 163 crore) mass lawsuit accusing it of hiding defective batteries in millions of iPhones by “throttling” them with software updates. The tech giant is facing a lawsuit worth up to 1.6 billion pounds plus interest, brought by consumer champion Justin Gutmann

Air — starring Ben Affleck and Matt Damon — will soon be available for streaming in India. In a tweet, Amazon Prime Video confirmed that the biopic chronicling the origin of Nike’s Air Jordan shoeline will be up for streaming on the platform starting Friday, May 12. The film arrives on digital home media 38

About half of Indians surveyed said that they are unable to differentiate between the real and cloned voice of a person while 83 percent of the victims of voice scams have faced the loss of money, online security firm McAfee said in a report. The survey of 7,054 people was conducted in seven countries, including

Amazon Great Summer Sale May 2023 is set to begin on May 4 for Amazon Prime subscribers, a day before the ecommerce giant’s biggest sale of the season opens for all customers. The company will offer several deals, discounts, and offers across a variety of product categories including smartphones, laptops, TVs and appliances, and Amazon-branded

What are the biggest TV shows and web series in May 2023? Dimple Kapadia’s Saas, Bahu Aur Flamingo leads the pack of new releases this month, alongside Dahaad, the latest crime drama from Zoya Akhtar (Gully Boy) and Reema Kagti. The former is a Hotstar Specials show where a group of inimitable women led by

Taiwan’s top chip design company MediaTek is focusing more resources on chips for cars and AI computing as its smartphone clients face a supply glut and inflation and macroeconomic uncertainty dent demand for consumer electronics. “We are definitely moving our resources very, very rapidly towards the automotive and computing areas, because those areas will provide

A US federal judge on Friday denied Google‘s motion to dismiss a Department of Justice antitrust case focused on advertising technology, saying the government’s case was strong enough to go forward. The government, which filed the ad tech lawsuit in January, has argued that Google should be forced to sell its ad manager suite. Google has

As recently as February, generative AI did not feature prominently in EU lawmakers’ plans for regulating generative artificial intelligence (AI) technologies such as ChatGPT. The bloc’s 108-page proposal for the AI Act, published two years earlier, included only one mention of the word “chatbot.” References to AI-generated content largely referred to deepfakes: images or audio

The ChatGPT chatbot was reactivated in Italy after its maker OpenAI addressed issues raised by Italy’s data protection authority, the agency and the company confirmed on Friday. Microsoft-backed OpenAI took ChatGPT offline in Italy last month after the country’s data protection authority, also known as Garante, temporarily banned the chatbot and launched a probe over

One of Bollywood’s most prominent actors, Alia Bhatt is currently on top of her game. Be it off-screen or on-screen, she is ruling everywhere. And, true to her exploits and status in the film industry, Alia took home the Best Actor award at the Filmfare Awards with her performance in Gangubai Kathiawadi. While she won Best

A committee of European Union lawmakers on Thursday reached a preliminary agreement on a European Artificial Intelligence Act, which would pave the way to the first ever regulation of AI. “Against conservative wishes for more surveillance and leftist fantasies of over-regulation, parliament found a solid compromise that would regulate AI proportionately, protect citizens’ rights, as