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Toshiba is considering splitting in half instead of three and offloading its air conditioning business, the Japanese industrial conglomerate said on Friday, in an attempt to overcome shareholder opposition to its turnaround plan. The changes would mark the latest twist in Toshiba’s drawn out battle with foreign shareholders, many of them activists and hedge funds,

With BharatPe’s co-founder Ashneer Grover launching an offensive against the firm’s investors after facing a probe over alleged fraud, abrasive behaviour, and corporate governance issues, the company on Friday said questioning the integrity of board members and misrepresentation of facts is painful. “The (company) board in all its actions has followed due process in the

Ford Motor announced Friday that Google is joining the automaker’s effort to transform a once-dilapidated Detroit train station into a research hub focussed on electric and self-driving vehicles. Also, Detroit and the state of Michigan have agreed to provide infrastructure and other support for the Michigan Central Innovation District that will include the defunct train

Democrats on Friday muscled legislation through the House that they say positions the United States to better compete with China economically and on the global stage by strengthening the domestic semiconductor industry and shoring up strained supply chains. The bill passed by a vote of 222-210. It marks an important step for a top Biden

Multimedia instant messaging app Snapchat has launched several AR experiences to mark Vasant Panchami (also called Basant Panchami) or Saraswati Puja, as India prepares for the onset of spring. These new localised lenses along with special themed Bitmojis will help to capture the joy of this festive period and pay tribute to Goddess Saraswati. The

The government on Friday assured Lok Sabha that e-passports will be launched only after ensuring efficacy of its data security features. Testing of samples of the proposed e-passports is underway to ensure that they are secure, Union Minister for External Affairs S Jaishankar said while replying to questions of the members’ in the House. “We

Nokia G21 alleged renders have been leaked suggesting that the smartphone will come in at least two colour options. The images also suggest that the smartphone will feature a waterdrop notch and a triple rear camera setup. Claimed to be the successor of the Nokia G20 that went live in India in July last year,

Britain’s competition regulator said on Friday it had fined Facebook-owner Meta 1.5 million pounds (roughly Rs. 11 crore) over fresh issues regarding its purchase of Giphy, a sanction that the US firm said it would accept. Britain’s Competition and Markets Authority (CMA) has taken a tough line with major tech groups in recent years, investigating

Dakota Johnson could soon be suiting up to play her first superhero role as she is in talks to play Madame Web in Sony’s upcoming ‘Spider-Man’ spinoff. As per The Hollywood Reporter, the 32-year-old actor might play the title character in ‘Madame Web’, the Sony spinoff centred on the Spider-Man character. S.J. Clarkson is set

South Korea’s telecommunications regulator wants better compliance plans from Apple and Alphabet’s Google before finalising rules for a law banning app store operators from forcing software developers to use their payments systems, officials said on Thursday. South Korea passed the law, an amendment to the Telecommunication Business Act, last year. The rules, due to be

Realme Buds Air 3 true wireless stereo (TWS) earphones India launch will take place later this month, as per a report. The earphones are said to be launched in two colour options. The rumoured TWS earphones will be the successor to the Realme Buds Air 2. Meanwhile, another report has tipped the specifications, price, and

Producer Bhushan Kumar of T-Series on Thursday announced the foray of the studio into over-the-top (OTT) platform. The company, founded by the late Gulshan Kumar, has backed movies like Aashiqui, Baby, Hindi Medium, Kabir Singh, Tanhaji: The Unsung Warrior, Sherni, and Atrangi Re, among others. Bhushan Kumar, Chairman and Managing Director of T-Series, said they

Rain Neuromorphics, a startup designing chips that mimic the way the brain works and aims to serve companies using artificial intelligence (AI) algorithms, said on Wednesday it raised $25 million (roughly Rs. 187 crore). Gordon Wilson, CEO and co-founder of Rain, said that while most AI chips on the market today are digital, his company’s

Self-charging hybrid cars, which operate on both an internal combustion engine and a battery, outsold diesel cars in Europe for the first time in 2021, albeit by just 48 vehicles, data showed on Wednesday. One in 11 cars sold were battery-electric, the data from the European Automobile Manufacturers’ Association showed, totalling just under 880,000 vehicles.

Speculations about a second Trojan asteroid sharing Earth’s orbit have come to an end. Researchers have confirmed that it’s indeed real. Astronomers believed they had discovered a second Trojan asteroid orbiting Earth in 2020, which sparked rounds of speculation. Scientists affirm that the first confirmed Trojan asteroid isn’t an exceptional case after the most recent

Digital Rupee, the anticipated Central Bank Digital Currency (CBDC), is planned to be launched in 2022–23, Finance Minister Nirmala Sitharaman revealed while presenting the Union Budget for the fiscal year 2022 on Tuesday. The minister says that the digital currency will be issued by the Reserve Bank of India (RBI) and will be based on

Finance Minister Nirmala Sitharaman while presenting the Union Budget 2022 on Tuesday announced that the required spectrum auctions for 5G telecommunication networks will be conducted in 2022. “Telecommunication in general, and 5G technology in particular, can enable growth and offer job opportunities,” the minister said in her speech. She also added that the spectrum auctions

Meta is introducing 3D avatars to Instagram stories and direct messages. It has also released updated avatars for Facebook and Messenger. The update brings new facial shapes and assistive devices like wheelchairs for differently abled people. The update is currently available in the United States, Canada, Mexico, along with other countries where the rollout has