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Karnataka govt gives green signal to Foxconn for its mobile manufacturing unit

The Karnataka government has cleared the big ticket investment of Taiwanese based Foxconn mobile manufacturing unit proposal on the outskirts of Bengaluru, worth Rs 8,000 crore. The investment proposal includes 10 new investment proposals, with the Foxconn project getting the green signal from the state government to set up their unit that will span across the Doddaballapur and Devanahalli taluks of Bengaluru rural district. ...

Amazon in advanced discussions to acquire MX Player

Amazon is in talks to acquire MX Player, the video streaming platform owned by Times Internet. The US online retailer has hired one of the Big Four accounting firms to carry out due diligence. The process is expected to take 30-40 days and a deal could happen within two months if all goes well. As per the reports, Times Internet was asking for over $100 million for MX Player, while Amazon’s internal team valued it at around Rs 500 crore ($60 million). The deal is likely to be in the range of Rs 600-900 crore....

Hitachi Energy Group hit by cyber-attack

Hitachi Energy Group said that it has been hit by a cyber-attack with unauthorised access to employee data in some countries. The subsidiary of the Japanese tech giant Hitachi, confirmed that the Clop ransomware group exploited the flaw in Fortra's GoAnywhere file transfer software that could have resulted in unauthorized access to employee data in some countries. Clop claimed responsibility for the hack, which compromised networks used by 130 different organizations. ...

In Delhi-NCR Jio services suffer temporary outage: Report

According to media reports, users of Reliance Jio faced temporary outages across the Delhi-NCR region on Sunday. Many users share their grievances on Twitter....

Apple working on AI-powered next-gen Siri to join Chatbot Bandwagon: Report

According to media reports, Apple is working on a large language model so that it can join the vogue of language generating AI tools that are currently led by Microsoft and Google. Apple is exploring the idea of generative AI integration into its virtual assistant Siri....

Qualcomm launches the new Snapdragon 7-Series Mobile Platform

Qualcomm Technologies has announced the new Snapdragon 7+ Gen 2 Mobile Platform—delivering premium experiences brand new to the Snapdragon 7-series. Snapdragon 7+ Gen 2 provides exceptional CPU and GPU performance fueling swift, nonstop gaming, dynamic low-light photography and 4K HDR videography, AI-enhanced experiences and high-speed 5G and Wi-Fi connectivity....

Twitter can’t have FoE protection under Article 19: Centre before HC

Arguing before the Karnataka high court, the central government said that the US-based microblogging platform Twitter is not entitled to protection under Article 19 of the Constitution. This is because the Article grants freedom of speech and expression only to Indian citizens, organisations, and not to foreigners. A number of blocking orders issued by the Centre between February 2, 2021, and February 28, 2022 were being contested by Twitter in court....

Nepalese Prime Minister’s official Twitter account hacked

Nepalese prime minister Pushpa Kamal Dahal’s official Twitter account was hacked in the early hours of Thursday. The handle @PM_Nepal carried the profile name ‘Blur’, which appeared to be a Non-Fungible Token Marketplace for Pro Traders. ...

Truecaller opens its largest office outside Sweden HQ in Bengaluru

Truecaller has announced the opening of its first exclusive office space outside of Sweden, in the southern city of Bengaluru, India. The office was virtually inaugurated by the Hon’ble Union Minister of State for Skill Development and Entrepreneurship & Electronics and Information Technology, Government of India Rajeev Chandrasekhar. ...

Govt clears ₹765 cr PLI incentives for the electronics sector

The government has approved another batch of production-linked incentive (PLI) scheme worth Rs 765 crore for electronics manufacturing, with a big chunk directed to Wistron. Wistron is Apple's contract manufacturer in India and will receive Rs 601.93 crore of the total Rs 765 crore. ...