Technology

A cyber-security company declines Google’s $23 billion acquisition offer

Israeli cyber-security firm Wiz has turned down a $23 billion (£17.8 billion) acquisition offer from Google parent company Alphabet, marking its largest-ever rejected buyout bid....

WhatsApp introduces a new Events feature for group chats. What does it do and how does it function?

Meta-owned messaging platform WhatsApp is launching a new Events feature aimed at simplifying the organization of meetings and gatherings directly within group chats. According to...

Tesla investors approve of the $56 billion compensation agreement for Musk

Tesla shareholders have endorsed a historic compensation package for CEO Elon Musk and approved a plan to relocate the company's legal headquarters to Texas. The...

Following an employee revolt, OpenAI introduces a new safety board.

OpenAI announced on Tuesday the establishment of a new committee tasked with advising the company’s board on safety and security matters, following the dissolution of...

Last year, Spotify contributed £750 million to the UK music industry.

Spotify reports that music by UK recording artists generated £750 million in royalties on its platform last year. Nearly 1,000 artists saw their music played...

Google has been accused of impeding the ability to search for competitors

Allegations have been made against Google, accusing the tech giant of leveraging its market dominance to hinder the discoverability of a rival email service. Tuta...

Business

Microsoft has announced the restoration of cloud services following a global outage

Microsoft reported on Friday that its cloud services have been successfully restored after experiencing an outage. The U.S. technology giant had issued a late Thursday...

Samsung has announced a strategy to accelerate the delivery of AI chips

Samsung Electronics has announced its intention to streamline the production of AI chips through its contract manufacturing division. By integrating its leading memory chip, foundry,...

In May, India saw a 15-month high in wholesale inflation, climbing to 2.61%.

India's Wholesale Price Index (WPI)-based inflation soared to 2.61 percent in May 2024, marking its highest level in 15 months since February 2023, when it...

Zomato unveils the inaugural crowd-supported weather infrastructure in India.

On May 8th, Zomato's co-founder and CEO, Deepinder Goyal, announced India's inaugural crowd-supported weather infrastructure, aimed at providing real-time updates on temperature, rainfall, and other...

Accenture has initiated an adoption-assistance program to support its employees.

Accenture in India has launched an Adoption Assistance Program for employees embarking on the journey of adopting a child. This program provides financial support for...

Biden Urged to Bar Chinese Electric Cars, Warned of National Security Risks

President Joe Biden faces mounting pressure to prohibit the importation of Chinese-made electric vehicles (EVs) into the United States, with Senator Sherrod Brown, Chair of...