TECHNOLOGY
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Alphabet, Microsoft earnings show hefty AI bets are driving growth
Alphabet rose 10%, crossing $2 trillion in market value with a gain of about $180 billion as it sweetened the pot for investors with its maiden...
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Ten-yearly overhaul begins at Bruce B vacuum building
Work has started on a three-week, CAD190 million (USD138 million) overhaul of a crucial part of the safety systems at Bruce B in Canada....
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Cybersecurity firm Darktrace accepts $5 billion takeover
Cybersecurity firm Darktrace said Friday it had accepted a $5.3-billion takeover bid from US private equity firm Thoma Bravo, which highlighted the...
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Swiggy confidentially files draft IPO papers for $1.25 billion public listing
Swiggy, which secured a nod from its shareholders for a $1.25 billion public listing earlier this week, has made the filings through Sebi’s...
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Blinkit contributes more to Zomato’s market cap than its food delivery biz: Goldman Sachs
Blinkit boosts Zomato's value surpassing its food delivery business. Blinkit’s implied value is Rs 119 per share, while Zomato’s food delivery...
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US-India Business Council launches AI task force with Meta as co-chair
The US-India Business Council's AI Task Force, co-chaired by Meta, drives cross-sector collaboration in AI. Infosys, UPS, BNY Mellon join the AI...
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Intel forecast misses estimates; shares tumble
Intel predicts lower Q2 revenue and profit, shares down 8%. Weak demand for data center, PC chips. Nvidia leads AI market. Gelsinger optimistic...
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Mohit Gupta, Mukesh Bansal’s omnichannel fashion startup Lyskraft raises $26 million in seed funding
Former Zomato executive Gupta will steer the venture as CEO, Bansal to stay away from operations. The fashion startup will focus on offline play in...