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May 3, 2021
Twitter to introduce ticketing for audio Spaces feature SECTIONS Last Updated: May 03, 2021, 11:18 PM IST Share Synopsis The move is part of Twitters effort to be a bigger player in the creator economy, as influencers and independent writers are increasingly earning money from their content on platforms like YouTube or Substack Reuters The Twitter logo is displayed on a screen on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., September 28, 2016. REUTERS/Brendan McDermid...
May 3, 2021
This fund will be used to build Covid care ICU facilities, oxygen generation plants, other long-term medical infrastructure and provide relief operations.
May 3, 2021
Synopsis Intel is investing $400 million to turn its Mobileye unit headquartered in Jerusalem into an R&D campus for developing self-driving car technologies. Samayam Telugu Intel said on Sunday it will invest another $600 million in Israel to expand its research and development (R&D) and confirmed it was spending $10 billion on a new chip plant. The announcement was made during a one-day visit to Israel by Intel Chief Executive Pat Gelsinger as part of a European tour that included Germany an...
May 1, 2021
The e-commerce major said it is waiving 50% of the sell-on-amazon or referral fee from May 1-31 for a section of sellers and will reimburse storage fees and long-term storage fees charged for keeping sellers products at its warehouses for merchants based out of non-serviceable pin codes.
May 1, 2021
Well soon meet in your inbox. Please wait... "What were asking from both the U.S. and the European governments is to make it competitive for us to do it here compared to in Asia," Gelsinger told Politico Europe in an interview. Politico cited Gelsinger saying that he was seeking roughly 8 billion euros in subsidies. The company later distanced itself from the report, saying he had not given a specific figure, although he had made it clear that EU leaders needed to invest to ensure a vibrant s...
May 1, 2021
To help curb risks to Chinas financial system, Beijing has in recent months ramped up scrutiny of technology companies and tightened antitrust regulations.
May 1, 2021
Twitter shares sank more than 12% on Friday after the social media company warned the current quarter could be its worse as it eyed a weaker 2021.
May 1, 2021
Synopsis The approvals come at a time when India is looking to ramp up its Covid-19 vaccination programme, as cases continue to surge across the country. AFP Representative image The Telangana government has been permitted to conduct experimental delivery of Covid-19 vaccines using drones over short distances. The permission was granted by the Directorate General of Civil Aviation (DGCA) and ministry of civil aviation. The ministry said in a notification dated April 29 that it had granted the s...
May 1, 2021
India Inc steps up with coronavirus care centres for employees hit by second wave SECTIONS Share Synopsis Employees recuperating at these centres will have access to nurses and doctors, even oxygen, while for more serious cases, the necessary medical help/hospitalisation will be arranged as available. These centres, meant largely for mildly symptomatic/asymptomatic cases, are especially useful for people who live alone or in small homes with family and would otherwise face difficulty in isolati...
April 30, 2021
Well soon meet in your inbox. Please wait... Amazon reported that its profit in the recently ended quarter tripled as online sales boomed. Revenue soared to $108.5 billion, an increase of 44% from the same period a year earlier, as the pandemic fueled a trend of shopping online instead of in real-world stores. Profit in the quarter was $8.1 billion, compared with $2.5 billion in the first three months of last year. The Amazon Web Services unit that hosts services and data in the internet clo...