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Ex-Googler Turns Virtual Gifts Into a $61 Billion Business With Chinese Video App Kuaishou

Kuaishou, the Chinse video app, has become the biggest live-streaming platform for virtual gifts beating rival and TikTok parent ByteDance. The company raised $5.4 billion in Hong Kong in the biggest internet initial public offering since Uber in 2019.

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Global Chip Sales Rose 6.5 Percent in 2020 After Year-End Rush: Report

Semiconductor sales rose 6.5 percent globally to $439 billion in 2020, with the major recovery occurring in the last three months of the 2020, according to data from the Semiconductor Industry Association (SIA).

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Nokia 2.4 Successor Possibly Spotted on Bluetooth SIG Database

A Nokia phone that could possibly succeed the Nokia 2.4 has been spotted on the Bluetooth SIG website. The listing shows that the phone will come with Bluetooth 5.0 and LTE support.

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Chromebook Shipments Almost Quadrupled in Q4 2020 With Over 11 Million Units: Canalys

Chromebook shipments for Q4 2020 saw a 287 per cent increase over Q4 2019’s figures, with 11.2 million units. The market almost quadrupled in this quarter, as per an analysis. The full year Chromebook shipments are 30.6 million units. The demand for Chromebooks has been ‘through the roof’ due to the coronavirus-induced lockdowns.

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Startups get tax breaks for one more year in Budget 2021

The government also proposed to incentivise incorporation of one-person companies, a move which will benefit startups and innovators.

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Tech firms to benefit on FM's push for digital census, use of AI, ML on MCA-21

The big-ticket project is currently being run by Infosys and is expected to come up for renewal in July 2021.

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Govt to incentivise incorporation of one person companies to boost startups

Finance Minister Nirmala Sitharaman said incorporation of OPCs will be incentivised by allowing such companies "to grow without restriction on paid up capital and turnover, allowing conversion into any other type of company at any time."

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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...