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Flipkart hives off PhonePe, digital payments company to be valued at $5.5 billion

PhonePe has in the process raised primary capital of $700 million in a round led by Walmart.

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In ancient Italian monastery, monks defend a dying tradition

In an ancient monastery behind huge medieval battlements in a hilltop town just south of Rome, 10 monks are striving to keep alive a 1,600-year-old spiritual tradition against increasing odds. Aged between 23 and 89, they are among Italy’s last remaining Byzantine-rite monks.

from Hindustan Times - topnews https://ift.tt/3mB7EQq

Intel's Habana Starts to Chip Away at Nvidia in Cloud With AWS Deal

Intel's Habana Labs business said it would take time to gain market share from Nvidia in cloud and data centre computing but its deal this week with Amazon Web Services (AWS) was a solid first step.

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Google Violated US Labour Laws in Clampdown on Worker Organising, Regulator Says

The National Labor Relations Board issued a complaint accusing Google of unlawfully monitoring and questioning several workers who were then fired for protesting company policies and trying to organise a union.

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China’s Chang’e 5 Probe Completes Lunar Sample Collection, Prepares to Return

Chinese space probe Chang'e 5, sent to gather material from a previously unexplored part of the Moon, has completed its mission and is preparing to send back the world's first lunar samples in four decades.

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Amazon in Talks to Buy Podcast Publisher Wondery: Report

Amazon is reportedly in talks to buy podcast publisher Wondery, that serves up hit audio shows Dr. Death and Serial.

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New-age companies like Netflix, Airbnb top H-1B salaries

Larger tech companies recruit H-1B talent to perform diverse types of tasks, including a few with specialised skills that command premium salaries

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Yellow.ai deploys 30% of global generative AI bots domestically

While markets like the US are mostly using GenAI for customer support in a bid to cut costs, India Inc. is using them as an opportunity to g...