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Intel announces the 12th Gen Intel Core i9-12900KS desktop processor

Intel has announced the availability of its new 12th Gen Intel Core i9-12900KS, the world’s fastest desktop processor. It delivers up to 5.5 GHz max turbo frequency — in spec with Intel Thermal Velocity Boost and features Intel Adaptive Boost Technology (Intel ABT) to provide the ultimate gaming experience....

AIBOA strongly opposes privatisation of IDBI Bank

The Centre’s move to sell IDBI Bank to private players is not in the “right direction” and will be opposed “tooth and nail” by the All India Bank Officers’ Association (AIBOA) according to its General Secretary, S Nagarajan. He said the need of the hour is not privatisation; it is to strengthen the bank further, along with an exercise to recover sticky loans from wilful defaulters....

Dell Technologies affirms the role of PC for Education with its new ‘Yeh Hai Padhai 2.0’ campaign

Reimagining the gateway to learning and transforming education in a fast-changing digital world, Dell Technologies, today has announced the launch ...

Netcore Cloud takes majority stake in Unbxd Inc by investing about $100 mn

Netcore Cloud, a profitable SaaS company and global leader in customer communication, engagement, and retention, bets big on Personalization with its investment of close to $100 mn to acquire a majority stake in US-based, search-personalization company Unbxd Inc. It will also be infusing additional funding into Unbxd to propel the company's growth in developed markets....

Russia-Ukraine war may lead to disruptions in trade: Piyush Goyal

Commerce and industry minister Piyush Goyal said that the government is in continuous dialogue with exporters to address the problems and challenges that are emerging due to the ongoing Russia-Ukraine war and could lead to some kind of disruption in trade. ...

Around 1.6 lakh bank accounts linked to at least one account aggregator

According to news reports, around 160,000 bank accounts have been linked to at least one of the account aggregators. Although the actual number of users who have signed up with an account aggregator is likely to be quite lower. About five account aggregators have launched operations while around 25 institutions and most of the large private banks live on the account aggregator system....

Hackers steal nearly $600,000 from 29 crypto wallets of Li Finance blockchain platform

Li Finance (LiFi), a blockchain protocol, has become the latest victim of a hacking incident, in which hackers stole nearly $600,000 (roughly Rs. 4.5 crore) from 29 crypto wallets associated with it. ...

CommerceIQ becomes unicorn after raising $115Mn

Retail e-commerce management platform CommerceIQ has raised $115 million in its Series D financing round led by SoftBank Vision Fund 2....

Equinix announced an investment of US$9 Million to acquire land in Chennai for expansion

Equinix, Inc. announced an investment of over US$9 million to acquire a parcel of land in Chennai on a long-term leasehold basis as part of its expansion and growth strategy in India. ...

Cisco and NetApp upgrade to hybrid cloud

Cisco and NetApp have upgraded their converged-infrastructure platform, FlexPod, to handle hybrid-cloud services. The latest evolution of the FlexPod package-FlexPod XCS is optimized for hybrid cloud and includes improved management and automation to support cloud-native apps. ...