Karnataka govt to deposit compensation towards land acquired for Foxconn
The Economic Times » Technology Industry
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1h ago
Karnataka compensates Foxconn for Bengaluru facility, assembling 20M smartphones annually. CEO deposits compensation in court. 867.37 acres acquired for industrial estate, with additional $1.7 billion investment by Foxconn ..read more
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Tata Technologies Q4 profit dips 27% to Rs 157 crore
The Economic Times » Technology Industry
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1h ago
Tata Technologies faced a 27.4% YoY net profit decrease in Q4 FY24 due to reduced technology solutions revenue and increased employee costs. Despite challenges, the company demonstrated resilience with strategic focus on market performance and growth initiatives ..read more
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AMD set to fuel growing demand for AI compute: CTO Mark Papermaster
The Economic Times » Technology Industry
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2h ago
AMD, under Mark Papermaster, is positioned to meet AI compute demand with a diverse product portfolio. Papermaster emphasizes the importance of open ecosystems, industry partnerships, and investments in groundbreaking technologies to drive compute efficiency and growth ..read more
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Only 3% women entrepreneurs in tier 2-3 cities have access to external funding: study
The Economic Times » Technology Industry
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4h ago
Merely 3% of women entrepreneurs in India's tier II and III cities had access to bank loans or equity investments. The study highlighted the need to close the gender gap in employment and the lack of data on women entrepreneurs ..read more
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Apple aims to tell an AI story without AI bills
The Economic Times » Technology Industry
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4h ago
After the company reported quarterly earnings on Thursday, Cook insisted that Apple will have concrete details about its plans for AI to talk about very soon ..read more
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Google defends app store, fighting Epic Games' bid for major reforms
The Economic Times » Technology Industry
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6h ago
​Google made its filing late on Thursday in San Francisco federal court, where Epic last year persuaded a jury that the tech giant unlawfully stifled competition with its controls over apps downloads on Android devices and payments to developers for in-app transactions ..read more
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Japan's Fumio Kishida unveils a framework for global regulation of generative AI
The Economic Times » Technology Industry
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10h ago
Kishida made the announcement in a speech at the Paris-based Organization for Economic Cooperation and Development ..read more
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Judge grills US and Google on antitrust claims
The Economic Times » Technology Industry
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10h ago
Judge Amit P. Mehta was presiding over the first day of closing arguments in the most consequential tech antitrust case since the U.S. government sued Microsoft in the late 1990s. The Justice Department has sued Google, accusing it of illegally shoring up a monopoly in online search. Google has denied the claims ..read more
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Apple sales fall less than expected, CEO sees return to growth
The Economic Times » Technology Industry
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12h ago
Apple increased its cash dividend by 4% and authorized an additional program to buy back $110 billion of its stock. The buyback is the largest in the company's history, according to Investing.com analyst Thomas Monteiro ..read more
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Premji Invest eyes Nainital Bank stake; Ranjan Pai may back Rupeek
The Economic Times » Technology Industry
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12h ago
Happy Friday! Azim Premji’s family office is eyeing a majority stake in Bank of Baroda-owned Nainital Bank. This and more in today’s packed edition of ETtech Morning Dispatch ..read more
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