Alphabet’s Google will host its annual Made By Google launch event on Tuesday, where major announcements are expected. The event will feature the introduction of Google’s latest smartphones, the Pixel 9 Pro and Pixel 9 Pro Fold, marking what the company describes as the dawn of a “new era of phones.” These new devices are anticipated to bolster Google’s position against Apple’s…
The Ministry of Corporate Affairs (MCA) website reveals that Agora Advisory, the consultancy co-founded by Securities and Exchange Board of India (Sebi) Chairperson Madhabi Puri Buch and her husband Dhaval Buch, is listed as “active.” This contradicts Puri Buch’s assertion that the company became dormant upon her appointment to Sebi.
Hindenburg Research accessed data indicating that Agora…
HealthCRED, a B2B healthcare financing startup, has raised $1.2 million in seed funding led by Antler India, TRTL VC, DeVC, iSeedVC, and Angel List India. The funding round also saw contributions from angel investors such as Subho Ray, President of the Internet and Mobile Association of India (IAMAI), and Nitin Gupta, CEO of Uni Cards.
The new capital will be used to expand HealthCRED’s…
A recent report by US-based short-seller Hindenburg Research has disclosed that mutual funds have invested nearly $5 billion (Rs 41,814 crore) across 10 Adani Group companies. The report indicates that except for New Delhi Television (NDTV), mutual funds have invested in every listed Adani Group company.
The investment breakdown shows that Adani Ports and SEZ has the highest mutual fund exposure…
Bharat Sanchar Nigam Ltd (BSNL) is set to revolutionize its telecommunications services with the introduction of a new over-the-air (OTA) and Universal SIM (USIM) platform. This cutting-edge platform, compatible with both 4G and 5G networks, will allow BSNL subscribers to select their mobile numbers on demand and replace SIM cards without being bound by geographical limitations.
Launched in…
Alibaba Group Holding has elevated its AI game with the introduction of Qwen2-Math, a new suite of large language models (LLMs) specifically designed to excel in mathematical problem-solving. According to the e-commerce giant, these models outperform OpenAI’s GPT-4o and other leading LLMs in mathematics.
Announced during a developer update on GitHub, the Qwen2-Math models build upon the earlier…
Cisco, the leading manufacturer of networking equipment, is set to announce another wave of layoffs as early as Wednesday, coinciding with its fourth-quarter earnings report. This latest round of job cuts follows a previous reduction in February, which saw 4,000 employees let go. The new layoffs could match or slightly exceed this number.
The decision comes as Cisco aims to refocus its business…
Suzano SA, the world’s largest wood pulp supplier based in São Paulo, reported a substantial loss of BRL 3.77 billion ($680 million) for the quarter ending June, marking the company’s largest quarterly loss since 1998. This loss starkly contrasts with the BRL 5.1 billion profit reported during the same period last year. Analysts had projected a profit of BRL 2.13 billion, according to…
Binance has announced a significant recovery of over USD 73 million in user funds stolen through external hacks as of July 31, 2024. This achievement surpasses the approximately USD 55 million the exchange managed to recover throughout 2023.
Jimmy Su, Binance’s Chief Security Officer, emphasized the role of blockchain technology in enhancing security: “Blockchain technology provides a robust…
Equity Residential has announced a significant acquisition, agreeing to purchase 11 apartment properties from Blackstone’s real estate unit for approximately $964 million. This transaction, marking the largest apartment purchase by a public REIT in seven years, includes complexes located in Atlanta, Dallas/Fort Worth, and Denver. The 3,572 units are poised to enhance Equity Residential’s…
