Funds worth over Rs 5,551 crore of Chinese mobile manufacturing company Xiaomi India have been “seized” for violating the Indian foreign exchange law, the Enforcement Directorate said said on Saturday. The action has been taken against Xiaomi Technology India Private Limited. The company (also called Xiaomi India) is a trader…
Vivo X80 and Vivo X80 Pro are likely to be launched in India on May 18, if a now removed teaser page on the company’s India site is any indication. As spotted by a tipster and retrievable in Google cache, Vivo put up a teaser page on its site that…
Google is expanding its warning banners for potentially malicious Google Drive files. While previously it displayed the banners when users were attempting to open such a file within a Google Drive account, or from within a Google Docs, Sheets, Slides, or Drawings file, Google has now brought the feature to…
Twitter chief executive Parag Agrawal sought to quell employee anger on Friday during a company-wide meeting where employees demanded answers to how managers planned to handle an anticipated mass exodus prompted by Elon Musk. The meeting comes after Musk, the Tesla chief executive who sealed a $44 billion (roughly Rs….
The Punjab government on Saturday suspended mobile internet and SMS services, except voice calls, in Patiala district a day after clashes between two groups over an anti-Khalistan march left four people injured. The order to suspend the services was issued by the home affairs and justice department and heavy police…
In recent years, Amazon has spent billions of dollars on new warehouses that cut into profits, explaining to investors that it had no choice but to meet ever-rising consumer demand. It turns out, Amazon may have built too much, too soon, analysts say. The world’s largest online retailer on Thursday…
The United Arab Emirates has purchased a seat on a SpaceX rocket for an Emirati astronaut to journey to the International Space Station for a six-month stay, officials said Friday, the oil-rich federation’s first long-term mission as it advances its ambitions in space. The UAE purchased the seat on the…
Former US president Donald Trump posted a brief message on Truth Social late Thursday for the first time since the app he founded launched two months ago, saying “I’M BACK!” Trump broke his silence as Elon Musk sealed a $44 billion (roughly Rs. 3,37,244 crore) deal to buy Twitter, which…
Tesla Chief Executive Officer Elon Musk sold $8.5 billion (roughly Rs. 65,044 crore) worth of shares in the electric vehicle maker, US securities filings showed, in sales likely aimed at helping finance his planned purchase of Twitter. Musk said in a tweet on Thursday that there are “no further TSLA…
India’s smartphone shipments are down by 1 percent year-on-year (YoY) in the January-March quarter of FY22. Owing to the shortage of components and a sharp decline in demand, smartphone shipments hit 38 million units in Q1 2022. The data has been revealed in the latest research from Counterpoint’s Market Monitor…
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