Europe

The US Securities and Exchange Commission (SEC) has said recent applications by asset managers to launch spot bitcoin exchange-traded funds (ETFs) were not sufficiently clear and comprehensive, a source familiar with the matter said. The SEC has communicated its concerns to the exchanges Nasdaq and Cboe Global Markets which filed the applications on behalf of

Google said on Thursday it plans to block Canadian news on its platform in Canada, joining Facebook in escalating a campaign against a new law requiring payments to local news publishers. Alphabet-owned Google will remove links to Canadian news from search results and other products in Canada when the law takes effect in about six

Binance’s European banking partner Paysafe Payment Solutions will stop supporting the US cryptocurrency exchange from September 25, CoinDesk reported on Wednesday. The crypto exchange will be changing the provider for euro deposits and withdrawals through the Single Euro Payments Area (SEPA), while the current partner — Paysafe — will no longer be providing these services

iQoo 11S is all set to launch on July 4 in China. The Vivo sub-brand, via Weibo, has confirmed the arrival of the new iQoo 11-series smartphone in its home country. The iQoo TWS 1 earbuds will also go official alongside the handset. iQoo has started accepting pre-reservations for the iQoo 11S via its official

A new type of AI capable of generating new and original content, designer phages, flexible batteries and sustainable aviation fuel are among the technologies poised to have the most positive impact on the world in the next 3-5 years, the WEF said on Monday. Listing the top ten such emerging technologies, the WEF said the

Vivo Y36 was launched in India on June 20. The 5G smartphone from Vivo Y series is powered by a Snapdragon 680 SoC, and coupled with 8GB of RAM. It gets a dual rear camera unit led by a 50-megapixel primary sensor. The phone is backed by a 5,000mAh battery with 44W fast charging support.

OnePlus Nord Buds 2R are expected to. be launched in India soon. The device’s microsite has gone live on Amazon, hinting the timeline for revealing of various information regarding the earbuds. OnePlus Nord Buds 2R could debut in India on July 5, alongside OnePlus Nord 3. The earbuds’ design and colour specifications have already been

Two top investors in Byju‘s confirmed on Friday that their representatives had resigned from the board of the once high-flying Indian startup, which has been battling pressure from lenders amid a steep drop in its valuation. The resignations of GV Ravishankar of Peak XV Partners, earlier Sequoia Capital India, and Russell Dreisenstock of Prosus could

US semiconductor toolmaker Applied Materials will invest $400 million (roughly Rs. 3,300 crore) over four years in a new engineering centre in India, the company said on Thursday. Indian Prime Minister Narendra Modi met with the company’s CEO Gary Dickerson in Washington on Wednesday and invited Applied to strengthen the chip industry in the country.

The US Federal Trade Commission on Wednesday accused Amazon.com of enrolling millions of consumers into its paid subscription Amazon Prime service without their consent and making it hard for them to cancel, the agency’s latest action against the ecommerce giant in recent weeks. The FTC sued Amazon in federal court in Seattle, alleging that the

India’s cabinet has approved US chipmaker Micron Technology’s $2.7 billion (roughly Rs. 22,159 crore) plan for a new semiconductor testing and packaging unit, a senior government source said on Tuesday ahead of Prime Minister Narendra Modi’s state visit to the US. The government agreed production-linked incentives worth Rs. 110 billion ($1.34 billion) for the plant,

Popular Indian edu-tech startup Byju‘s will lay off between 500 and 1,000 employees in another round of job cuts to cut costs, a source with knowledge of the matter told Reuters on Monday. The company, which employs around 50,000 employees, is one of India’s largest startups, once valued at $22 billion (nearly Rs. 1,80,250 crore).

Realme 11 Pro 5G was launched in India on June 8 this year, along with the debut of Realme 11 Pro+ 5G. The smartphone has a 6.7-inch full-HD+ (1,080 x 2,412 pixels) curved display. It is powered by a 6nm MediaTek Dimensity 7050 SoC. With up to 12GB of RAM and up to 512GB of

Meta Platforms launched its latest generation mixed reality headset, the Quest 3, earlier this month. The Mark Zuckerberg-led company, which currently dominates the market for Augmented Reality and Virtual Reality devices, is now lowering the minimum age for Meta Quest account users from 13 years to 10 years. With the latest development, parents can set

Ransom-seeking hackers have increasingly turned a greedy eye toward the world of managed file transfer (MFT) software, plundering the sensitive data being exchanged between organizations and their partners in a bid to win big payouts. Governments and companies globally are scrambling to deal with the consequences of a mass compromise made public on Thursday that

The US government has been hit in a global hacking campaign that exploited a vulnerability in widely used software but does not expect it to have significant impact, the nation’s cyber watchdog agency said on Thursday. The US Cybersecurity and Infrastructure Security Agency (CISA) said several federal bodies had experienced intrusions following the discovery of

Google is bringing generative AI technology to shopping, aiming to get a jump on e-commerce sites like Amazon.com. The Alphabet-owned company announced features Wednesday aimed at helping people understand how apparel will fit on them, no matter their body size, and added capabilities for finding products using its search and image-recognition technology. Additionally, Google introduced new

Telecom regulator TRAI has directed all telcos to deploy Artificial Intelligence and Machine Learning based systems to detect, identify, and act against senders of commercial communication who are not registered in accordance with regulations. All the access providers have been asked to comply with the directions and report an updated status on actions taken, within

US chipmaker Broadcom is set to gain conditional EU antitrust approval for its $61 billion (nearly Rs. 5,03,000 crore) proposed acquisition of cloud computing firm VMware, people familiar with the matter said, sending its shares up by almost 5 percent. The European Commission’s clearance is tied to remedies relating to Broadcom’s interoperability with rivals that

Realme 11 Pro 5G series — including the Realme 11 Pro and Realme 11 Pro+ — was launched in India on June 8. Both the 5G handsets launched together are. available under the price range of Rs. 30,000. and come in various storage and colour options. Before their launch in India, the Realme 1 Pro

Nigeria’s markets regulator has ordered the world’s largest cryptocurrency exchange Binance to halt its operations in the country, saying a local unit that courted Nigerian investors through a website was illegal. “Binance Nigeria Limited is hereby directed to immediately stop soliciting Nigerian investors in any form whatsoever,” the Securities and Exchange Commission (SEC) said in

An Indian group representing Netflix, Amazon and Disney has told the government its new tobacco warning rules are impossible to implement for streaming giants and will impinge on content creators’ freedom of expression, a letter seen by Reuters showed. As part of India’s anti-tobacco drive, the health ministry last month ordered streaming platforms to insert

Indian Space Research Organisation has decided not to rush its Gaganyaan project, the manned mission to space, as it wants to ensure that the country’s first human space flight is a ‘sure shot safe mission’, said its chairman S Somanath here on Thursday. Gaganyaan was set to launch in 2022 but due to COVID-19 there

Realme 11 Pro 5G series will be launched in India later today. The upcoming flagship series from the company will include the Realme 11 Pro and Realme 11 Pro+. The company confirmed the launch date and timing of the Realme 11 Pro series in India last week. Both smartphones were launched in China last month.

The president of Microsoft said he was looking for solutions to try to get British approval for the software giant’s $69 billion (nearly Rs. 5,71,730 crore) acquisition of “Call of Duty” maker Activision Blizzard. British competition authorities blocked the biggest-ever deal in gaming in April, in a shock decision which Microsoft has since appealed. President

Apple unveiled its newest wearable operating system—watchOS 10 at WWDC today. The latest iteration of watchOS brings redesigned apps, a new Smart Stack to display relevant widgets, and new watch faces. It adds new metrics and Workout Views as well. Further, it allows users to automatically pair an Apple Watch to Bluetooth-enabled cycling accessories, such

In order to curb the menace of pesky calls and sms, telecom regulator TRAI has directed service providers to develop a unified digital platform in two months to seek, maintain and revoke customers’ consent for promotional calls and messages. In the first phase, only subscribers will be able to initiate the process to register their

Battlegrounds Mobile India, better known as the wildly popular battle royale shooter BGMI, recently returned to iOS and Android platforms in India after a nearly year-long ban. Developers Krafton relaunched the mobile game on May 29 with some playtime restrictions in place. Days after it begins its second life in India, BGMI is now the

The India and South Asia head of Amazon.com’s cloud division, Puneet Chandok, has resigned with effect from August 31, the company said on Friday. Chandok had taken the helm of Amazon Web Services in June 2019. Vaishali Kasture, currently head of the enterprise for mid-market and global businesses at AWS India and South Asia, would

Elon Musk has yet again claimed his position as the world’s richest person after beating the CEO of the French luxury brand Louis Vuitton Bernard Arnault, according to Bloomberg Billionaires Index. According to the Bloomberg Billionaires Index, as of Thursday, Musk’s net worth was about $192 billion (roughly Rs. 15,82,483 crore), with Arnault’s $187 billion (roughly