A prototype model that Tesla said was developed in February walked out to wave at the crowd on Friday, and Tesla showed a video of it doing simple tasks, such as watering plants, carrying boxes and lifting metal bars at a production station at the company's California plant.
The feature can also be used to make peer-to-peer (P2P) transactions, either by scanning a quick response (QR) code or by feeding in the beneficiary’s UPI identity.
While smaller companies such as Better.com have announced mass layoffs with alarming regularity, tech giants such as Meta and Google have been more subtle – or underhanded, depending on your point of view – with their staff-cutting. For one, they have studiously avoided using the L-word.
The paper says Seller Apps must ensure that the product description is accurate and complete. They must also ensure that the terms and conditions for returns/refunds/cancellations are clearly declared.
A crackdown is on against moonlighting at India’s IT companies. From random sampling of provident fund records, identifying prolonged absenteeism to video and physical audits of remote workspace, these companies are stepping up vigilance, according to experts at recruitment services and law firms.
Twitter on Friday showcased its soon-to-arrive Edit Button on its own platform, by tweaking one of its tweets that showed 'Last Edited' at the bottom of the post. Earlier this month, the company announced that the ability to edit tweets would be available to Twitter Blue subscribers "later this month".
LTTS and Qualcomm will bring together core competencies in telecommunication solutions and services for the benefit of end-customers in the manufacturing and warehousing/ logistics sector, an LTTS statement said.
Apple has been treated as a haven for much of this year, outperforming fellow mega-caps and the broader tech gauge amid a steep selloff driven by recession fears. The world’s most valuable company with a market value of nearly $2.3 trillion has now fallen about 20% in 2022, compared to a 32% decline for the Nasdaq 100.
Gaming companies are facing a slowdown in demand for video games from pandemic highs. The near-term prospects for Stadia also looked dim as high inflation has caused some consumers to reduce their spending on entertainment.
Several tech companies have been forced to slash headcount in recent months as advertisers trim spending to prepare for a looming recession.
The spike in revenue mainly came from the company’s acquisition of a majority stake in e-pharmacy startup 1mg, and Supermarket Grocery Supplies Pvt Ltd, the parent company of e-grocer BigBasket.
Amazon's minimum wage for hourly employees in the U.S. remains $15, a spokesperson told Reuters. The online retailer's decision also comes as some workers continue to push to unionize Amazon facilities in the United States. Only one Amazon facility has voted to unionize so far.
Amazon started letting customer service representatives work from home before the pandemic. Its cloud computing division sells Amazon Connect software that helps companies create remote customer service networks. Amazon has call centers around the US, including in Kennewick and Phoenix that each employ hundreds of workers. Still, call center employees make up a small fraction of the company’s more than 1.5 million workers.
According to a draft of the revised scheme — PLI for IT Hardware 2.0 — which is set to be circulated to major stakeholders for feedback, the restructured scheme will now offer incentives of 4-5.75% over five years, against 1-4% over a tenure of four years at present, officials aware of the matter told ET. Its financial outlay will touch about Rs 19,000 crore from Rs 7,350 crore, they said.
Twitter's challenges in identifying child abuse content were first reported in an investigation by tech news site The Verge in late August. The emerging pushback from advertisers that are critical to Twitter's revenue stream is reported here by Reuters for the first time.
The action comes close on the heels of the GST intelligence wing issuing a similar notice earlier this month to a Bengaluru-based online gaming portal GamesKraft Technologies Pvt Ltd demanding Rs 21,000 crore in taxes, interest, and penalty.
Walker’s remark during an exclusive interview comes amid reports that suggest that the Teaneck, New Jersey-based company may be slipping on the large-deals front. "There's a narrative, and there are some facts," he said.
Apple said in a tweet that an incredibly offensive alert was sent by Fast Company, which has been hacked. Apple News has disabled their channel. The hackers posted a message on Fast Company's website before it disappeared, saying they were able to break in thanks to a password that was shared across many accounts, including an administrator.
Oracle violated provisions of the Foreign Corrupt Practices Act (FCPA) as its subsidiaries created and used slush funds to bribe foreign officials for business purposes between 2016 and 2019.
Apple has informed its suppliers about cutting back the assembly of as many as 6 million iPhone 14 variants in the year's second half.
Anshul Prakash, partner, employment labour & benefits at Khaitan & Co, said the number of companies that have reached out to them in the last two-three months runs into double digits.
Walmart operates more than 400 stores in Canada and claims to be one of the largest online retailers and fastest growing marketplace platforms in the country.
In addition, the lawsuit alleged that Nexo engaged in the unregistered purchase and sale of securities and commodities through its virtual currency trading platform called "the Nexo Exchange", and misled investors by falsely representing that it was in compliance with applicable laws and regulations.
While locals mostly welcomed the project, there was a decent amount of people who objected to Tesla establishing a factory at the location due to the impact on the local environment and especially on the drinkable water supply.
Crypto lenders including Voyager boomed during the COVID-19 pandemic, luring depositors with high interest rates and easy access to loans rarely offered by traditional banks. However, the slump in crypto markets has hurt crypto companies and investors.
Ecommerce companies contributed to a mere 4% of total warehousing leasing in the first half of 2022, down from 23% in the first half of last year, data from property consultancy firm Colliers shows.
“The company continues to grow 40% annually as projected earlier internally. This financial year ending March 2023, the company is expected to generate sales of $1.5 billion (net of discounts),” said one of the people cited above. ET had reported that it became the second vertical ecommerce player to have crossed gross sales of $1 billion in FY21.
The draft will become a law after the Tamil Nadu Governor signs it in deference to the Cabinet's decision. The government will then notify the date on which it will take effect.
As telcos in India gear up to launch 5G services, it will not only give us faster communication networks but will have a cascading impact on multiple other sectors which need fast, low latency, reliable networks to function. This will in turn lead to a surge in demand for skilled talent.
A series of questions ranging from slashing budgets when Google has seen record profits to Pichai’s commentary on improved productivity were flung at him during the meet, some of which did not amuse the global tech giant’s CEO.
Last year in December, the GST authorities had conducted a search on the premises of the company and attached its property and bank accounts, alleging a tax evasion to the tune of Rs 460 crore.
The firm analysed and compared data from over seven million orders that were processed during the first two days of the festive season sale for its study.
Amazon, Flipkart upbeat on consumer demand; Amazon’s Tiwary says sales trajectory a positive surprise
IoT, robotics and data science capabilities, apart from augmented and virtual reality, are going to be the dominant technologies going forward for the company and its India centres will be looking at all of these technologies and will be innovating for the globe, said Cindy L Hoots, AstraZeneca’s chief digital and technology officer.
“Like Covid-19, one thing that comes to the aid is (enterprises) try to see what can be automated every time pressure builds and they look at potential cost savings,” said Sateesh Seetharamiah, global head of edge products and whole-time director at Edgeverve. “To that extent, it (inflation) can help us.”
Signzy, founded in 2015, provides a digital software platform to help fintechs, financial institutions and banks with multi-channel on-boarding, as well as automates back-office operations through artificial intelligence.
Intel's investment in Italy is part of a wider plan announced by the U.S. chipmaker last March to invest as much as 80 billion euros ($77.5 billion) over the next decade in building capacity across Europe.
"We are (Salesforce India's headcount) at about 7,500 plus. We are expecting that we will end FY23, which for us ends in January of 2023... we expect to be in the range of 10,000," she told PTI in an interview.
While that is less than the $1.03 billion the EV maker had said it was aiming to raise in its regulatory filings last week, the IPO would still be the city's largest this year. It had planned to raise $1.5 billion but cut the size after a lukewarm response from investors.
In a minor win for Tesla CEO Elon Musk, a US court has allowed his legal team to make a case that a $7.75 million severance payment to Peiter 'Mudge' Zatko, Twitter's former head of security, allows him to terminate the $44 billion takeover deal.
In experiments conducted around the world from 2015 to 2019, LinkedIn randomly varied the proportion of weak and strong contacts suggested by its "People You May Know" algorithm
Mozilla, the developer of Firefox Internet browser, has hit out at the trinity of Apple, Google and Microsoft, saying their operating systems make it very difficult for browsers like open source Firefox to be used on the platforms they control.
"Around mid-year, we did some kind of specific reorganisations, but I know other companies have been doing mass layoffs, so we don't see ourselves in that category," Hungate, 56, told Reuters in his first interview since joining Singapore-based Grab Holdings Ltd in January.
Global cellular Internet of Things (IoT) module shipments grew 20% (year-over-year) in Q2 2022.
Swiggy is working with government regulators and partners like drone manufacturers to execute the pilot.
Private sector rocket maker Agnikul Cosmos is pushing itself hard to have its first test launch before the end of 2022, said a top official.
Musk said on Monday that the company wanted to provide Starlink satellite broadband service - already provided to Ukraine for its fight against Russia's invasion - to Iranians, and would ask for a sanctions exception.
“We are more focussed on increasing the base which makes the sellers successful. So for us, the benchmark of success for a Great India Festival is about new customers, more Prime customers and number of sellers who are successful. The first 24 hours look very promising on all three trends.”
The payment made on Thursday was for a stake of about 38% owned by Blackstone in the learning center chain that Byju's acquired in April 2021.
IT Rajeev Chandrasekhar said on Friday, that the move by IT companies that try to prevent employees from working on their own startups or consulting for other firms “is a doomed-to-fail exercise.“