The officials inspected laptops of Lenovo employees during the visit, one of the sources said. They also tried to contact Lenovo's senior management during and after the visit as part of the inquiry, the person added.
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Gaming startup QuriousBit raises $2 million in funding from Lumikai, General Catalyst
The funds will be used to expand the team size, currently at seven, in product and system development and in marketing its games. QuriousBit did not disclose the valuation at which the firm raised the funds.
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ETSA 2023 Woman Ahead Winner | HUFT’s Rishi Narang up for global market entry next year
Narang, winner of the Woman Ahead category at The Economic Times Startup Awards 2023, impressed this year’s jury with the strong customer loyalty that she has built for her brand. The jurors acknowledged the difficulty of building a brand in a category like pet care in India and spoke about how HUFT’s offline strategy was a strong differentiator for the pet supplies business.
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New India CEO to cut Byju’s down to size; eGaming cos mull legal steps after GST shock
Byju’s new India CEO is setting about cleaning house with no stone unturned. Within a week of taking over, Arjun Mohan is planning to merge verticals and prune staff strength by a third – that’s over a whopping 4,500 jobs - to rein in costs. This and more in today’s ETtech Morning Dispatch.
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India will become top market in Asia in 3-5 years: Netapp CEO
Netapp expects the Indian market to accelerate and become the data storage firm’s largest market in Asia in the next three to five years from the top three position currently.
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US FCC chair proposes to restore net neutrality rules
U.S. Federal Communications Commission chair Jessica Rosenworcel on Tuesday said she would move quickly to reinstate landmark net neutrality rules rescinded under former President Donald Trump.
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Wealthy have a social responsibility amid rising inequality: Rohini Nilekani
If wealth remains concentrated in the hands of a few, the government may have reason to look to other means such as higher taxation to distribute wealth more fairly, Nilekani said.
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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...
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The Umbrella Academy season 2 is releasing on July 31. Ellen Page, Tom Hopper, David CastaƱeda, Emmy Raver-Lampman, Robert Sheehan, Aidan Ga...
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Tata Projects will lead construction in the plant’s first phase, which entails building 500,000 square feet of planned cleanroom space, said...
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Web Summit Chief Executive and founder Paddy Cosgrave resigned on Saturday after comments he made on the Israel-Hamas conflict prompted some...