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Microsoft, Amazon results to highlight softening cloud business

After years of blistering growth, most recently fuelled by remote working and studying during the pandemic, cloud demand has cooled in the past nine months and sales growth may slow further, analysts said.

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Logitech quarterly sales fall 22% as slowdown fears bite

The company saw strong demand for its home office products and computer gaming devices during COVID-19 lockdowns, but the momentum has been fading as countries lift the curbs and as high inflation drives up costs and refrains consumers from spending.

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Buying Tesla at $420 a share was no joke, Elon Musk tells jury

"420 was not chosen because of a joke; it was chosen because there was a 20 percent premium over the stock price," Musk said when asked if he was having a laugh when he made the tweet.

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India withdraws UN proposals on fighting cybercrime; Zomato shuts 10-min food delivery

The policy document was withdrawn after it failed to find adequate support from other member nations of the UN Ad-Hoc committee, sources said. The grouping has been tasked with creating a comprehensive international convention to counter the use of information and communications technologies for criminal purposes.

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Govt withdraws UN proposals reminiscent of scrapped Section 66A

The policy document was withdrawn after it failed to find adequate support from other member nations of the UN Ad-Hoc committee, sources said. The grouping has been tasked with creating a comprehensive international convention to counter the use of information and communications technologies for criminal purposes.

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Digital euro will be free but limited in scope, ECB says

The ECB is working on a digital version of its currency and is in the process of outlining the broader design, also hoping to alleviate concerns that the digital currency could disrupt the financial system and give the central bank too much data on citizens.

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Deeptech battery startup Log9 raises $40 million

Log9, backed by its recent series of investments, aims to solve the challenges around safety, reliability, and performance by investing further into cell and battery technologies.

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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...