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India’s Reliance Industries posted a 43 percent surge in second-quarter profit that exceeded market expectations on Friday, as rising demand and higher average selling price for oil products boosted its mainstay oil-to-chemicals business. The Mumbai-based conglomerate’s pandemic-hit energy and retail businesses are seeing a massive rebound with travel back in full swing and shoppers returning
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Large technology companies such as SAP, IBM, and Google are underreporting their greenhouse gas emissions at a time of heightened scrutiny over the role of corporations in driving climate change, a study released Friday claimed. Research published in the journal Nature Communications found inconsistencies in the way companies declare their carbon footprint, a measure that
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Noise Sense Bluetooth neckband-style earphones were launched in India on Friday. The in-ear Bluetooth earphones are offered in two different colour options and come with 10mm drivers. Noise Sense feature voice assistance control and provide a vibration alert when the user gets a call on the paired smartphone. The wireless earphones are IPX5-rated for water
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PayPal has offered to buy Pinterest for $45 billion (roughly Rs. 3,36,770 crore), people familiar with the matter said, a combination that could herald more financial technology and social media tie-ups in e-ecommerce. It would be the biggest acquisition of a social media company, surpassing Microsoft’s $26.2 billion (roughly Rs. 1,95,990 crore) purchase of LinkedIn in 2016.
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Pakistan’s Sindh High Court has directed Prime Minister Imran Khan’s government to speed up the regulation of cryptocurrencies. A three-month deadline has been given to Pakistan’s ruling government for submitting the proposed regulatory rules. In a bid to fast-track the momentum of this task, a new committee has been formed headed by Kamran Ali Afzal,
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Pixel 6 and Pixel 6 Pro were unveiled at Google’s Pixel Fall Launch event on Tuesday, October 19. Both new Google Pixel phones come with the company’s proprietary system-on-chip (SoC) called Tensor that is designed to offer better artificial intelligence (AI) and machine learning (ML) performance results over previous-generation Pixel phones. The Pixel 6 and
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Chinese tech giant Alibaba said on Tuesday it has developed a processor that will be used to power servers in its data centres. The development marks the latest foray into semiconductors for the company, mirroring moves from other global cloud computing players while also dovetailing with Chinese government’s priorities to boost the nation’s chip sector.
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