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CoinSwitch launches first crypto index CRE8

CoinSwitch has launched the Crypto Rupee Index, claiming it as India’s first benchmark index to measure the performance of the Indian Rupee-based crypto market. ...

Airtel Payments Bank launches DigiGold Platform

Airtel Payments Bank has launched DigiGold, a digital platform for customers to make investments in gold in partnership with SafeGold, a provider of digital gold. The gold purchased by customers is stored securely by SafeGold at no additional cost and can be sold through Airtel Thanks app at any time....

UNISOC chip vulnerability impacts millions of android smartphones

A critical security flaw has been uncovered in UNISOC's smartphone chipset that could be potentially weaponized to disrupt a smartphone's radio communications through a malformed packet. UNISOC is the world's fourth-largest mobile processor manufacturer based in Shanghai....

Meta to build metaverse hardware using Broadcom’s custom chips

Meta Platforms, the Facebook parent company, will use Broadcom Inc’s custom chips to build its metaverse hardware. According to analysts at J.P. Morgan, Meta will become the chipmaker’s next billion-dollar ASIC customer over the next three to four years. ...

HFCL bags Rs 237.25 crore optical fibre cables order from a private telecom operator

HFCL has announced that it has bagged an order worth Rs 237.25 crore from a private telecom operator for supplying optical fibre cables. The company, however, did not disclose the name of the customer....

Elon Musk’s leaked email asks Tesla employees to return to office or quit

Notifying his staff that remote work is no longer acceptable at the company, Tesla CEO Elon Musk on Tuesday shared an email where Musk mentioned that employees must be in office for a minimum of 40 hours, failing which they can depart. ...

IKEA to launch first Bengaluru store this month

Swedish home furnishings retailer IKEA will launch its first store in Bengaluru on June 22. The large-format store will be connected to the Nagasandra metro station....

Samsung to stop producing LCD by June end

Samsung Display will stop producing LCDs at the end of June, six months ahead of the previously planned deadline, as the Samsung Group wished to reduce its losses due to the strong competition....

ESDS granted the India Patent for vertical auto-scaling cloud technology

ESDS Software Solution Limited has been granted the patent for an invention entitled - Method and System for Real-Time Detection of Resource Requirement and Automatic Adjustments. The patent is granted for the novelty of ESDS’s approach toward Vertical Auto-scalability in Cloud Computing....

DOT tests 5G sites for data speeds in Ahmedabad

The department of telecommunications initiated the testing of 28 5G cells of a mobile service provider at 13 locations in the Prahladnagar area in Ahmedabad. ...