TECHNOLOGY
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Tesla cuts prices in US, Germany in pivot to drive sales
The US price cuts on the Model 3 and Model Y ranged between 6% and 20% compared with the prices that held before the discount
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France fines TikTok $5.4 million for online tracking shortcomings
French data protection watchdog CNIL said its investigation only concerned the website tiktok.com and not the service's much more heavily used...
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Many PE, VC funds get Sebi notices; Infosys net profit up 13.4% in Q3
These private-equity and venture capital funds, registered with the Securities and Exchange Board of India (Sebi) as AIFs, failed to adhere to...
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D2C startup Wakefit raises $40 million in funding led by Investcorp
Existing investors Sequoia Capital India, Verlinvest and SIG also participated in the funding round.
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Wipro promotes over 70 executives to stem attrition at top level
With the recent promotions, the Bengaluru-based IT firm now has around 200 vice presidents and 32 senior vice presidents.
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South Korea increases expected contribution of nuclear power
Nuclear energy will account for 34.6% of South Korea's electricity generation by 2036, compared with 27.4% in 2021, according to the latest...
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Cognizant appoints Ravi Kumar as CEO, replaces Brian Humphries
Infosys veteran Ravi Kumar succeeds Brian Humphries as CEO of Cognizant
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Changes to Swedish law proposed to enable nuclear new build
A proposal to amend Sweden's legislation on nuclear power has been presented by Prime Minister Ulf Kristersson and Climate and Environment...