Business

NVIDIA Signs $11.9 Bn Deal to Acquire Hugging Face

The proposed acquisition will provide Hugging Face with additional resources while preserving its open-platform approach and expanding support for developers building open-source AI models.

The Container Economy: What Market Share Trends Signal for Global Supply Chains

In recent years, the dynamics of global supply chains have been heavily influenced by the shipping container market. As businesses navigate a complex economic...

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COAI : Indian Telecom industry may see downfall for next three quarters

The telecom sector is likely to experience three more quarters of losses, hurt by high levies and “unsustainable tariffs,” Cellular Operators Association of India...

PayTM may acquire UCWeb browser

The Indian mobile payment processing giant PayTM is in talks to acquire UCWeb, the Alibaba-owned web browser, a report by ET stated. UCWeb has...

Orsted acquires Rhode Island offshore wind business for $510 million

On Monday, a Denmark based power company Orsted has announced "The acquisition of 100 percent equity stakes in the offshore wind business of U.S...

Verizon to shift its 1,400 employees to Infosys

American technology giant Verizon is planning to shift it's 1,400 Indian employees to Infosys by the end of this year and will work on...

Bollywood, superstar Priyanka Chopra is now a tech startup investor

After mesmerizing everyone with stellar performances in Bollywood as well as Hollywood, the actress and singer Priyanka Chopra have embarked on a new journey....

Indian Cryptocurrency site Zebpay Shuts Exchange Business

India's largest crypto-currency exchange platform Zebpay, on Friday, has announced that "Zebpay is shutting down its exchanges businesses." The statement has come six months after...

BlackBerry reports $43 million Profit in Q2

The Canadian smartphone and software maker, BlackBerry Ltd, has reported a $43 million profit in the second quarter. The profit came from the higher...

Spoofin secures undisclosed funding from Mumbai Angels and others

Spoofin a video-based social networking app which allow users to create an upload parody videos has today announced that, "It has secured a undisclosed...

India to generate $100 bn from telephonic investments

India expects to attract $100 billion in investments in the telecom sector, a union minister said on Wednesday after the cabinet approved a new...

Digital Healthcare Firm Maven Raises $27 Million in Series B Funding

The digital healthcare company Maven announced today that it has raised $27 million in Series B funding led by Sequoia Capital and Oak FC/HT,...

Uber to acquire Deliveroo, offered £1.5m: Report

The UK-based food delivery company Deliveroo is on the verge of being acquired by Uber, as the transportation giant is expanding its horizon in...

Larsen & Toubro bags Rs 2,048 crore contracts for power and distribution business

During the filing in BSE (Bombay Stock Exchange) on Tuesday, Larsen and Toubro (L&T) announced that "its construction business has received the contract worth Rs...

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