Vedanta-Foxconn partnership has signed two Memorandum of Understanding (MoU) with the Gujarat Government to set up display and semiconductor production plants in the state. The companies aim to invest $19.5 billion (roughly Rs. 1,54,350 crore) under the joint partnership. According to Foxconn and Vedanta, the new plants under the joint venture will create more than
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Paytm has reportedly denied anything new being investigated in the recent search by the Enforcement Directorate (ED) at the company’s premises on Wednesday. As per a report, a Paytm spokesperson clarified that the federal agency has only sought information linked to the ongoing probes on certain merchants in recent search operation. It was reported earlier
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Asus ExpertBook B3 Detachable was launched on Tuesday as the latest offering in the Chinese brand’s ExpertBook laptop lineup. The 2-in-1 laptop is powered by Qualcomm Snapdragon 7c Gen 2 SoC and was first teased at the Consumer Electronics Show (CES) earlier this year. The Asus ExpertBook B3 Detachable 2-in-1 laptop is equipped with up
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Twitter whistleblower Peiter Zatko’s disclosures reveal that there was at least one Chinese agent working at the microblogging platform, according to a report quoting a US Senator during a hearing where the whistleblower is set to begin testifying before a US Senate Committee. The whistleblower, who previously worked as Twitter’s security chief, has made allegations of
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Twitter shareholders on Tuesday voted in favour of Elon Musk’s deal to acquire the microblogging service for $44 billion (roughly Rs. 3,49,800 crore) according to a report. The outcome of the shareholder vote, which was announced on Tuesday, comes a month before the upcoming legal battle between the Tesla CEO and Twitter, which will begin on October 17
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Sonos has a new sub in its lineup, and this one isn’t quite as prohibitively expensive: The $429 Sub Mini comes in at almost half the price of the more expensive existing $749 Sub — and is also roughly half the size. The Sonos Sub Mini is specifically recommended by the company to accompany its
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The Biden administration reportedly plans to broaden existing curbs on US shipments of semiconductors used for artificial intelligence and chipmaking tools to China. Based on the restrictions that were previosuly communicated in letters to three US companies, the US Commerce Department intends to publish new regulations to further restrict the export of the semiconductors, as
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It is DirecTV’s final year as the exclusive home of NFL Sunday Ticket, the out-of-market sports package that broadcasts National Football League regular season games, and let’s just say opening weekend isn’t off to a great start.  Reports of the Sunday Ticket website and app crashing were rampant yesterday as customers were either locked out
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Vedanta, the Indian multinational mining company, has reportedly selected Gujarat for its upcoming semiconductor project. This will be the company’s first major step in its $20 billion (roughly Rs. 1,59,070 crore) joint venture with Taiwanese electronics manufacturer Foxconn. The company has reportedly obtained financial and non-financial subsidies including on capital expenditure and cheap electricity from
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As exercise demands shifted away from the gym amid pandemic-related shutdowns, Peloton hit heights experienced by precious few tech firms. That made the connected fitness company’s crash down to Earth all the more jarring. In February, co-founder John Foley stepped down as CEO amid a 2,800-person layoff. Spotify CFO Barry McCarthy stepped into the leadership
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