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JPMorgan becomes the first bank to open a metaverse Onyx lounge

J.P. Morgan opened up an Onyx lounge in the metaverse, a virtual lounge in the blockchain-based world of Decentraland. The Onyx lounge is named after the multinational investment bank’s blockchain business that was launched in 2020....

Microsoft launches Surface Laptop Studio; priced at Rs 1,56,999/-

Microsoft has brought the Surface Laptop Studio to India, which offers premium features of both a laptop and a tablet, giving users a hybrid experience and is meant for developers, creative pros, designers, and gamers. ...

Blackstone acquires majority stake in ASK Investment Managers

Blackstone has announced that private equity funds, managed by Blackstone, have acquired a majority stake in ASK Investment Managers Limited, from Advent International and other sellers....

ASM Technologies invests in Lavelle Networks

ASM Technologies Ltd has done a follow-on investment in Lavelle Networks, the Bengaluru-based leader in SD WAN technology in India. Telecommunications giant Bharti Airtel has also invested in Lavelle for the first time. ...

DBS Bank to launch Retail Crypto Trading in 2022

Piyush Gupta, CEO, DBS Bank has confirmed that the bank is planning to expand its crypto trending facility to its retail customers by the end of the year. Currently, the bank’s crypto trading service is limited only to institutional clients, who can only place crypto orders by calling the bank over the phone. The plan, according to Gupta, is to build an online digital assets exchange that will remain open 24/7. ...

AMD completed the acquisition of Xilinx

The acquisition is officially the largest in semiconductor history and brings together two industry leaders with complementary product portfolios, customers and market expertise....

Digital Rupee will strengthen Digital Economy, revolutionize Fintech: PM

While addressing the 'Atmanirbha Arthavyavastha' (self-reliant economy) symposium organised by the BJP, Prime Minister Narendra Modi said that an Indian central bank digital currency will strengthen the digital economy. ...

Meta levied charges for free Internet in developing countries

As per reports, Meta has charged its Internet users in developing countries like Pakistan, Indonesia and the Philippines, in the name of offering them free access to the Web....

IISc Bangalore installs India's most powerful supercomputers

Indian Institute of Science has installed one of India’s most powerful supercomputers, Param Pravega, one of the largest supercomputers ever installed at an Indian academic institution under the National Supercomputing Mission (NSM). ...

Co-branded credit card launched by PNB with Patanjali in partnership with RuPay

Punjab National Bank (PNB) and Patanjali Ayurved Limited (PAL) have launched co-branded credit cards in partnership with the National Payments Corporation of India (NPCI). ...