Indian food-delivery firm Zomato Ltd has reached an all-stock merger with Blinkit that values the instant-delivery service between $700 million (roughly Rs. 5,350 crore) and $750 million (roughly Rs. 5,732 crore). The development was reported by TechCrunch reported on Tuesday, citing a source familiar with the matter. Zomato and Blinkit did not immediately respond to
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Tesla raised its prices in China and the US for the second time in less than a week, after CEO Elon Musk said the US electric carmaker was facing significant inflationary pressure in raw materials and logistics. The increases come as costs of raw materials are surging, exacerbated by supply chain disruptions following Russia’s invasion
Apple has released a software update that enables iPhone users to unlock their devices while having face masks on. The new update, iOS 15.4, released on Monday also includes a host of other features for existing iPhones. In a statement, Apple said the new feature allowing users to unlock their iPhones using Face ID while
MakeMyTrip, the popular Indian travel company, has decided to launch limited-edition non-fungible tokens (NFTs), the artwork for which, the company claims, has been conceptualised and designed to commemorate some of the popular and unexplored travel spots in India. The NFTs are aimed at giving travellers a chance to own digital collectibles of their favourite destinations,
Samsung Galaxy Book 2 Pro and Galaxy Book 2 Pro 360 will be launched in India on March 17, as per the company website. The two Samsung laptops, alongside Galaxy Book 2 360, Galaxy Book 2 Business, and Galaxy Book 2 machines, were unveiled at MWC 2022 in Graphite and Silver colour options. Both the
Some clients are using cryptocurrency to invest in real estate in the UAE, while others want to use firms there to turn their virtual money into hard currency and stash it elsewhere, the sources said One crypto firm has received lots of queries in the past 10 days from Swiss brokers asking to liquidate billions
Russia is planning to relax rules governing intellectual property rights to offset the sanctions imposed by Western nations in response to its military offensive against Ukraine. Recently, the Russian Ministry of Economic Development reportedly proposed to ease the piracy legislation, which would effectively legalise the piracy of games, movies, TV shows, and more. The West,
GTA 5 — or Grand Theft Auto 5 — is one of the most popular games ever created by developer Rockstar Games. The game, which was released nearly a decade ago in 2013, has sold a whopping 160 million copes globally. While Rockstar has focused on other popular titles like Red Dead Redemption 2 and
Customers will be charged $5.99 (roughly Rs. 460) a month or $59.99 (roughly Rs. 4,600) to get the service, with a special deal for charter subscribers. CNN’s announcement on Friday comes a day after MSNBC said that it will offer much of its television lineup on a time-delayed basis on the Peacock Premium streaming service,
Russian government entities and state-owned companies have been targeted over events in Ukraine, with the websites of the Kremlin, flagship carrier Aeroflot and major lender Sberbank among those to have seen outages or temporary access issues. Rostelecom-Solar, the cybersecurity arm of telecoms company Rostelecom, on Friday said it had noted increased activity on hacker forums
A team of physicists may have solved the mystery surrounding the matter that is swallowed by black holes. These physicists considered wormholes — theoretical tunnels with two ends at separate points in spacetime — to explain the long-held mystery. Black holes are regions in space through which no matter can pass. The gravity of a
OnePlus Nord CE 2 Lite alleged renders have been leaked, and they suggest that the smartphone will come with a triple rear camera setup. The camera module on the OnePlus smartphone looks quite similar to the one carried by various Realme smartphones launched in multiple markets. The smartphone is also tipped to get a display
North Korea’s latest launches appear aimed at developing and testing technology that can be used both for spy satellites and in a massive intercontinental ballistic missile (ICBM) capable of launching multiple nuclear warheads, analysts said. North Korea deployed a new ICBM system in February 27 and March 5 test-firings, the US and South Korean officials
Lenovo ThinkPad E14 and Lenovo ThinkPad E15 G4 laptops have been launched in Europe. These laptops are powered by AMD Ryzen 5000 series processors, and both the models come with SSD storage as well as full-HD IPS displays. While the Lenovo ThinkPad E15 G4 comes with an option to select from two variants, the Lenovo
Paolo Ardoino, CTO of Tether, believes that the growing development of central bank digital currencies (CBDCs) around the world will not really affect the role of private stablecoins. Paolo noted that fiat currencies are already digital currencies in essense but due to dependency on the 30 years old technology, these are inefficient and require massive
The final quarter of 2021 saw metaverse and non-fungible tokens (NFTs) blossom into popularity. But as the global economy copes with a difficult time, it seems like interest in both NFTs and metaverse projects are beginning to wane. Google Trends data reveals that while both the metaverse and NFTs were hot topics for people last
Alphabet Inc’s YouTube and Google Play store are suspending all payment-based services in Russia, including subscriptions, as Western sanctions start to pose banking challenges in the country. Google and YouTube had recently stopped selling online advertising in Russia following similar pauses by Twitter and Snap after Moscow’s invasion of Ukraine. “As a follow-up, we’re now extending
Bain Capital Ventures, one of the world’s top venture capital firms with $5.1 billion (roughly Rs. 39,060 crore) in assets under management, announced the launch of a new $560 million (roughly Rs. 4,289 crore) cryptocurrency fund. The firm is looking to use the fund to invest in everything from crypto start-ups to decentralised autonomous organizations
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