Alphabet Inc’s Google is in talks with the Indian government to integrate its shopping services with the country’s open e-commerce network ONDC, two sources familiar with the matter told Reuters. India soft-launched its Open Network for Digital Commerce (ONDC) late last month as the government tries to end the dominance of U.S. companies Amazon.com and […]
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Elon Musk has won the backing of some of the world’s wealthiest investors for his $44 billion takeover of Twitter Inc (TWTR.N). From Oracle Corp’s (ORCL.N) co-founder Larry Ellison, a self-proclaimed close friend of Musk, to Saudi Arabian investor Prince Alwaleed bin Talal, who had earlier rejected the takeover bid, a bunch of investors had thrown their weight […]
A growing number of Chinese tech start-ups, once the darlings of equity markets, are willing to list shares publicly in China at valuations lower than during private funding rounds in so-called blood listings. Unlike tech sector woes elsewhere, triggered mainly by rising interest rates, the misery in China comes from frothy tech markets and disruptions […]
Ethereum’s co-founder Gavin Wood said cryptocurrency investors need to be more aware of what is backing their holdings after a market rout which wiped more than $800 billion off their value. “I would hope that people pay more attention to what is belying the currency name when they get involved in a community, ecosystem, economy,” […]
While the entertainment sector of the Metaverse might not be very robust or brimming with fun content just yet, the industrial sector might see some metaverse technology adoption very soon. In an announcement by Microsoft, Kawasaki has signed on as a new customer for the company’s “industrial metaverse.” That is, factory employees wearing a HoloLens […]
The crash of UST was a tragedy for many. People lost their life savings, salaries paid in UST were rendered worthless, and tens of billions of dollars were lost by both individuals and institutions. And investors who had made otherwise calculated risks saw the charts fall to nothing in mere days and shook the entire […]
Broadcom Inc is in talks to acquire cloud service provider VMware Inc in a deal which could transform the chipmaker into a diversified tech firm, people familiar with the matter said. Negotiations between Broadcom and VMware are ongoing and a deal is not imminent, the sources said. The deal terms being discussed are not known. […]
Nowadays, and as the world welcomes the newly risen digital era when we think about the future of transportation, it won’t include gasoline-powered vehicles but electric ones. Furthermore, when we think about electric cars, the first company that crosses our mind is the only company bestowed the title EV giant, Tesla. But the thing being […]
ASML, a semiconductor industry and stock market giant, has to think smaller. Or maybe bigger. It is building machines the size of double-decker buses, weighing over 200 tonnes, in its quest to produce beams of focused light that create the microscopic circuitry on computer chips used in everything from phones and laptops to cars and […]
The Indian telecom market is one of the most promising around the world. The number of mobile subscribers exceeds 1.1 billion according to the latest statistics provided by the Telecommunications regulatory authority of India (TRAI). A large number of mobile network operators (MNOs) and mobile virtual network operators (MVNOs) are competing in India. The Indian […]