Apple’s suppliers are in talks to produce Apple Watch and MacBook in Vietnam for the first time, Nikkei Asia reported on Tuesday, citing people familiar with the matter. Apple’s Chinese suppliers Luxshare Precision Industry and iPhone assembler Foxconn have started test production of Apple Watch and MacBook in Northern Vietnam, the report added. Apple has
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The government on Thursday ordered blocking of eight YouTube channels, including one operating from Pakistan, for allegedly spreading disinformation related to India’s national security, foreign relations and public order. The blocked YouTube channels had over 114 crore views; and 85.73 lakh subscribers and the content was being monetised, an official statement said. The channels that
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Some parts of China are suffering from record high temperatures in the past few weeks, prompting local governments to halt industrial power use, including those of battery plants. When news reaches the West, it generates fear-mongering headlines like “China heat wave shuts Tesla suppliers” which have likely rattled investors (because Tesla is all we care
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The Department of Telecom (DoT) has received upfront payment of around Rs 17,876 crore from Bharti Airtel, Reliance Jio, Adani Data Networks and Vodafone Idea for spectrum they won in a recent auction, according to sources. While all telecom operators have opted to make payments in 20 annual installments, Bharti Airtel has paid Rs 8,312.4
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If you’ve heard of Tineco, it’s probably because the 24-year-old company has been making vacuums and hair dryers for a hot minute. The company’s next product is a $339 toaster that connects to your Wi-Fi network and can toast your toast with science and precision, and makes me wonder if there’s any device in our
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Social media companies are offering few specifics as they share their plans for safeguarding the US midterm elections. Platforms like Facebook and Twitter are generally staying the course from the 2020 voting season, which was marred by conspiracies and culminated in the January 6 insurrection at the US Capitol. Video app TikTok, which has soared in popularity since the
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Chinese tech giant Tencent on Wednesday posted its first drop in quarterly revenue since going public, as the company grapples with China’s economic downturn, pandemic disruptions and ongoing scrutiny from regulators. Revenue in the second quarter fell three percent to CNY 134 billion (roughly Rs. 1,57,000 crore) compared to the year before, while profits plunged by
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South Korean electronics giant Samsung feels the ongoing worries on inflation are unlikely to dent the demand for mobile phones in India, adding that it sees a healthy double-digit growth in volumes this year. The company has witnessed record pre-bookings by 50,000 customers for its newly-launched Samsung Galaxy Z Fold 4 and Galaxy Z Flip
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Highbeam, a New York-based neobank built for people building e-commerce brands on marketplaces like Shopify and Amazon, raised $7 million in seed funding to continue developing banking tools that cater to these entrepreneurs’ needs. The one-year-old fintech startup, started by Samir Shergill and Gautam Gupta, provides banking features, access to transparent credit and cash management
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The government will set up expert groups to explore the adoption of common chargers for mobile and all portable electronic devices and submit a detailed report in two months, Consumer Affairs Secretary Rohit Kumar Singh said on Wednesday. Emerging out of the meeting with industry stakeholders, the secretary said India can initially think of exploring
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The government will hold a meeting with industry stakeholders on Wednesday to explore the option of adopting a common charger for mobile phones and other portable electronic devices. The meeting, to be chaired by Consumer Affairs Secretary Rohit Kumar Singh, is scheduled post lunch and will be attended by manufacturers of portable electronic devices, including
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The US Federal Reserve on Tuesday issued additional guidance for banks considering activities involving cryptocurrencies, emphasising that firms must notify the Fed beforehand and make sure whatever they do is legally permitted. The Fed said in a statement that while cryptocurrencies could present “potential opportunities” to banks, firms needed to make sure they had systems
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Over-the-counter hearing aids will for the first time be available to tens of millions of Americans, officials said Tuesday, in an effort to cut prices from $5,000 (roughly Rs. 3,96,400) a pair. ”For many Americans who suffer from hearing loss, safe and effective and high-quality hearing aids have been unaffordable,” US health secretary Xavier Becerra told
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Ratan Tata, the octogenarian industrialist who steered the $128 billion (roughly Rs. 10,13,200 crore) Tata Group for decades, has backed a startup that connects senior citizens with young graduates for meaningful friendships. Goodfellows, which promotes “inter-generational friendships” said on Tuesday that it received a seed investment of an undisclosed sum from Tata, the influential chairman emeritus of
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