IT professional loses Rs 1.97 lakh in cyber fraud with offenders posing as narcotics department officials

​​Based on the complaint, a first information report (FIR) under section 419, 420 of IPC and section 66 (C), 66 (D) was registered against the fraudsters.

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Germany to offer aid only to strategic sectors after Intel subsidy

Intel's decision to develop two chip-making plants in Magdeburg was hailed by Chancellor Olaf Scholz as the biggest-ever foreign investment in Germany but some economists said the subsidies would be better spent on education.

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Tech sector facing challenges but will bounce back: Nandan Nilekani

The Infosys co­founders’ statement come as big tech companies such as Meta, Google, Amazon and Google had laid off techies in the west in a move to cut down costs.

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Online marketplace OLX Group lays off 800 employees globally

According to publication TechCrunch, the move comes as the company begins to phase out activities of its automotive business arm Olx Autos in several areas after a lengthy search for potential buyers and investors.

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Teleperformance Microsoft sign $185 million deal to launch generative AI tool

The company claims generative AI - algorithms such as ChatGPT that can be used to create new content including audio, text and simulations - will boost efficiency, accuracy and customer experience.

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Elon Musk to brief PM Narendra Modi on Tesla's India investment plans

Tesla executives visited India and held talks with Indian bureaucrats and ministers last month on establishing a manufacturing base for cars, and also to make batteries in India.

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Cisco launches AI networking chips to take on Broadcom Marvell

Cisco said the latest generation of its ethernet switches, called G200 and G202, have double the performance, compared with the previous generation, and can connect up to 32,000 GPUs together.

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