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Nexon EV gets a second price-hike; new sales milestone reached

29 Jan 2021

Nexon EV gets a second price-hike; new sales milestone reached

Following a second price-hike, the XZ+ and XZ+ LUX variants of the Tata Nexon EV have become costlier by Rs. 15,000.

Sitharaman tables Economic Survey; FY22 GDP growth pegged at 11%

29 Jan 2021

Sitharaman tables Economic Survey; FY22 GDP growth pegged at 11%

Union Finance Minister Nirmala Sitharaman on Friday tabled the Economic Survey 2021 in the Parliament.

TVS Motor records highest ever quarterly profit, share up 11%

29 Jan 2021

TVS Motor records highest ever quarterly profit, share up 11%

TVS Motor has recorded its highest-ever net profit of Rs. 266 crore for the quarter ending December 31, 2020, as against a profit Rs. 121.07 crore reported in the corresponding quarter of 2019.

Toyota surpasses Volkswagen to become leading car seller in 2020

29 Jan 2021

Toyota surpasses Volkswagen to become leading car seller in 2020

For the first time in five years, Toyota overtook Volkswagen in car sales and emerged as the world's biggest automaker in 2020, as the latter was hit harder by the pandemic-induced demand slump.

Reddit's WallStreetBets goes private; banned on Discord for 'hate speech'

28 Jan 2021

Reddit's WallStreetBets goes private; banned on Discord for 'hate speech'

Hedge funds have lost billions shorting GameStop and AMC stocks.

Wall Street short-sellers lose $5 billion to Redditors over GameStop

28 Jan 2021

Wall Street short-sellers lose $5 billion to Redditors over GameStop

Short-selling video game retailer GameStop's stock has cost investors and hedge funds $5 billion in losses (once you apply some fancy financial calculations) in 2021.

Branded petrol crosses Rs. 100 mark in Rajasthan

27 Jan 2021

Branded petrol crosses Rs. 100 mark in Rajasthan

Branded or premium petrol price crossed Rs. 100 mark in Sriganganagar, Rajasthan as petrol and diesel prices were hiked on Wednesday for the second consecutive day.

Tesla sues former employee for stealing 26,000 confidential files

25 Jan 2021

Tesla sues former employee for stealing 26,000 confidential files

According to a legal filing, Tesla has sued a former Software Automation Engineer, Alex Khatilov for trade secret theft and breach of contract. In an interview with New York Post, Alex claimed he "forgot" about moving the files to his personal Dropbox.

Google's US office facilities will serve as COVID-19 vaccination clinics

25 Jan 2021

Google's US office facilities will serve as COVID-19 vaccination clinics

Google CEO Sundar Pichai announced via a tweet on Monday that his organization will open its facilities in the US to serve as mass COVID-19 vaccination sites. Further, the tech giant has committed more than $150 million in free ads to promote vaccine education.

India's richest 100 earned Rs. 13 lakh crore since March-2020

25 Jan 2021

India's richest 100 earned Rs. 13 lakh crore since March-2020

India's top 100 billionaires saw their wealth increase by Rs. 13 lakh crore since March last year even as the COVID-19 pandemic led to severe job losses, Oxfam said in its latest report.

Waymo CEO dismisses Tesla's Autopilot; doesn't consider it competition

23 Jan 2021

Waymo CEO dismisses Tesla's Autopilot; doesn't consider it competition

Tesla is widely considered the leader in self-driving car technology, but rival Waymo's CEO John Krafcik begs to differ. In an interview with the Manager magazine, the head of Google's autonomous vehicle endeavor rubbished the idea of Tesla being a competitor.

Petrol and diesel prices touch all-time highs: Details here

23 Jan 2021

Petrol and diesel prices touch all-time highs: Details here

Petrol and diesel prices on Saturday were hiked by 25 paise per liter each, the second consecutive day of the rate increase, taking the prices to a new record high.

#DealOfTheDay: iPhone 12 mini available with benefits worth Rs. 9,900

23 Jan 2021

#DealOfTheDay: iPhone 12 mini available with benefits worth Rs. 9,900

If you are planning to buy the latest iPhone, this might be a great deal for you. Amazon is offering an attractive discount of Rs. 5,410 on the marked price of the iPhone 12 mini.

Apple quietly headhunts top cloud computing talent; Hints at self-reliance

22 Jan 2021

Apple quietly headhunts top cloud computing talent; Hints at self-reliance

Apple has reportedly been headhunting high-profile cloud computing engineers, while focusing on engineers specializing in container and Kubernetes technologies. These form the building blocks of cloud computing infrastructure underpinning Amazon Web Services (AWS) and Microsoft's Azure.

#DealOfTheDay: Mi 10T is available with benefits worth Rs. 11,000

22 Jan 2021

#DealOfTheDay: Mi 10T is available with benefits worth Rs. 11,000

If you're planning to buy a top-of-the-line handset at affordable prices, this might be a good deal for you. Flipkart is offering a discount of Rs. 8,000 on the Mi 10T (8GB/128GB model).

Facebook data breach: CBI books Cambridge Analytica, Global Science Research

22 Jan 2021

Facebook data breach: CBI books Cambridge Analytica, Global Science Research

The Central Bureau of Investigation (CBI) has filed a complaint against United Kingdom-based consulting firm Cambridge Analytica and Global Science Research in connection with the Facebook data theft case.

India's first Porsche Studio opens in New Delhi

22 Jan 2021

India's first Porsche Studio opens in New Delhi

Porsche has introduced a new showroom format for India called the 'Porsche Studio.' It is one of just 14 in the world.

Hero MotoCorp's 100 millionth two-wheeler rolled out; new models unveiled

22 Jan 2021

Hero MotoCorp's 100 millionth two-wheeler rolled out; new models unveiled

Hero MotoCorp, the world's biggest two-wheeler manufacturer by volume, has rolled out its 100 millionth bike (cumulative) from its Haridwar factory in Uttarakhand. The special two-wheeler was the Xtreme 160R- a premium 160cc commuter motorcycle.

Google threatens to disable Search in Australia; Facebook follows suit

22 Jan 2021

Google threatens to disable Search in Australia; Facebook follows suit

Google has threatened to disable its search engine in Australia in an attempt to stop the government from passing a law that will force it to pay local media outlets for sharing their news content.

Bajaj Auto records its highest quarterly net profit in history

22 Jan 2021

Bajaj Auto records its highest quarterly net profit in history

Bajaj Auto has clocked a 23% increase in net profit (Rs. 1,556 crore) for the quarter ending December 31, 2020. In comparison, the company had reported a net profit of Rs. 1,262 crore between October 2019 to December 2019.

India's planned foreign investment policy changes could hurt Amazon

21 Jan 2021

India's planned foreign investment policy changes could hurt Amazon

Sources informed Reuters of Indian government's plans to change foreign investment policies that could impact the e-commerce giants like Amazon and Walmart.

WhatsApp responds to Indian government's letter regarding privacy policy update

21 Jan 2021

WhatsApp responds to Indian government's letter regarding privacy policy update

On Tuesday, the Indian government's Ministry of Electronics and Information Technology (MeitY) sent a strongly worded letter to WhatsApp CEO Will Cathcart, asking him to withdraw the recent update to the Terms of Service and Privacy Policy for Indian users.

Amazon offers Biden help with vaccination immediately after Trump leaves

21 Jan 2021

Amazon offers Biden help with vaccination immediately after Trump leaves

Amazon has offered to help Biden administration with COVID-19 vaccine distribution. In a letter signed off by the company's Worldwide Consumer CEO Dave Clark, Amazon offered assistance to Biden's ambitious goal of vaccinating 100 million Americans within the first 100 days of his term.

History created: Sensex breaches 50,000-mark for the first time ever

21 Jan 2021

History created: Sensex breaches 50,000-mark for the first time ever

In a development that is sure to make investors, market watchers, and companies happy, S&P BSE Sensex crossed the 50,000-mark for the first time ever on Thursday.

Microsoft partners with GM, invests $2bn in self-driving start-up Cruise

21 Jan 2021

Microsoft partners with GM, invests $2bn in self-driving start-up Cruise

Microsoft has jumped headlong into the driverless car space by investing $2 billion in Cruise. Microsoft's stake in General Motors' autonomous vehicle subsidiary takes its total valuation to an impressive $30 billion.

LG considers leaving the smartphone business in 2021

20 Jan 2021

LG considers leaving the smartphone business in 2021

LG is mulling an exit from the fiercely competitive smartphone space. The soon-to-be-former smartphone maker is considering a 2021 exit strategy, after the phone business lost $4.5 billion over the last five years.

Tesla hiring support specialists for Twitter complaints directed at Musk

20 Jan 2021

Tesla hiring support specialists for Twitter complaints directed at Musk

In an unusual development, Tesla has posted a job listing for a role that involves handling "social media escalations directed at the CEO." Elon Musk has a reputation for replying to most customer questions on Twitter, ever since the company dissolved its PR team.

Ford ordered to recall three million vehicles with Takata airbags

20 Jan 2021

Ford ordered to recall three million vehicles with Takata airbags

US auto safety regulator, National Highway Traffic Safety Administration (NHTSA) has ordered Ford to recall three million vehicles with potentially defective Takata airbags.

Netflix crosses 200 million subscribers, Q4 2020 nets 8.5 million

20 Jan 2021

Netflix crosses 200 million subscribers, Q4 2020 nets 8.5 million

Netflix, the revolutionary on-demand media streaming service, has surpassed an impressive milestone of 203.6 million subscribers.

India demands WhatsApp to withdraw new privacy policy

19 Jan 2021

India demands WhatsApp to withdraw new privacy policy

The Indian government has demanded WhatsApp to withdraw its updated privacy policy. It has deemed the messaging service's unilateral changes to be unfair and unacceptable while issuing the ultimatum.

Flipkart 'Big Saving Days' sale: Discounts on popular smartphones

19 Jan 2021

Flipkart 'Big Saving Days' sale: Discounts on popular smartphones

Flipkart has kicked-off its 'Big Saving Days' sale in India for Plus members starting today. However, for non-Plus members, it will go live on December 20.

India to hike import duties on smartphones, electronics, etc.: Report

19 Jan 2021

India to hike import duties on smartphones, electronics, etc.: Report

India is reportedly considering a hike in import duties by 5-10% on smartphones, electronic components, and appliances among more than 50 items in the upcoming Union Budget.

Outlining new business strategy, Renault reveals 5 E-TECH all-electric prototype

19 Jan 2021

Outlining new business strategy, Renault reveals 5 E-TECH all-electric prototype

Renault has announced its "Renaulution" strategy through which it aims to strongly position the brand in the field of electric mobility and clean energy in the coming years.

Trump fires parting salvo at Huawei, imposes further restrictions

18 Jan 2021

Trump fires parting salvo at Huawei, imposes further restrictions

During its final week in office and a year after it put Huawei on the Entity List, the Trump administration delivered another blow to the Chinese smartphone maker.

Soon, Reliance may let you order groceries from WhatsApp

18 Jan 2021

Soon, Reliance may let you order groceries from WhatsApp

Mukesh Ambani-led Reliance Retail Ltd. is reportedly working toward embedding JioMart into WhatsApp within the next six months. The move will allow 400-million Indian WhatsApp users to address their grocery needs from neighboring outlets through Ambani's hyperlocal e-commerce platform.

Xiaomi blacklisted: Trump administration gives until November 11 to divest

15 Jan 2021

Xiaomi blacklisted: Trump administration gives until November 11 to divest

In its final days, US President Donald Trump-led administration has added nine companies to Pentagon's list of suspected "communist Chinese military companies". The list includes plane maker Commercial Aircraft of China (COMAC) in addition to smartphone manufacturer Xiaomi as per a Reuters report.

NVIDIA and AMD on GPU shortages: No improvement until May

15 Jan 2021

NVIDIA and AMD on GPU shortages: No improvement until May

The latest GPUs from NVIDIA and AMD have been nigh impossible to purchase from launch day itself. The precious few cards available were quickly lapped up by scalpers using bots and re-listed on eBay for a staggering premium.

Qualcomm buys chip design firm founded by former Apple engineers

14 Jan 2021

Qualcomm buys chip design firm founded by former Apple engineers

Not long after Apple shook the computing space with it prodigious M1 chip, Qualcomm has lapped up a chip design firm founded two years ago by former Apple engineers.

Union Budget 2021 on February 1: Here are key expectations

14 Jan 2021

Union Budget 2021 on February 1: Here are key expectations

As India hopes to recover from the COVID-19-induced economic crisis, all eyes are now on the Union Budget for the upcoming financial year.

Hiked prices of petrol and diesel reach new highs

14 Jan 2021

Hiked prices of petrol and diesel reach new highs

Petrol and diesel prices on Thursday were hiked by 25 paise per liter each, the second consecutive day of increase in rates, taking the prices to new highs.