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Tuesday, December 7, 2021
EU antitrust regulator seeks input on Microsoft's $16 billion Nuance deal
The previously unreported outreach is the most extensive by an antitrust authority since the companies announced the acquisition in April, according to a person familiar with the matter.
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Researchers to Meta: Need to be more serious about kids' mental health on Instagram, Facebook
A global coalition of researchers has called on Meta to be more transparent and serious about the mental health of child and adolescent users on Facebook, Instagram and WhatsApp, as debate rises over the harmful impact these platforms have on the minds of children.
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Proposed bill banning crypto payments could mean jail for violations: Document
Proposed legislation that would ban the use of cryptocurrencies as a method of payment in India also seeks to make those who infringe the law subject to arrest without a warrant and being held without bail, according to a source and a summary of the bill seen by Reuters.
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Indian SaaS firms may reach $30 billion in sales by 2025: Report
Over the past five years, the number of software-as-a-service (SaaS) firms have doubled in India and the SaaS firms in the country are poised to reach $30 billion in revenue by 2025, a new report showed on Tuesday.
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NEC could spend up to $4.4 billion on acquisitions by 2025, says CEO
"It's natural that we would have 500 billion yen in investment capacity," Takayuki Morita said at a press roundtable on Monday.
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Facebook-owner Meta sued for $150 billion by Rohingya refugees
In a coordinated action, British lawyers also submitted a letter of notice to Facebook's London office.
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Monday, December 6, 2021
Redmi Note 11T 5G to go on sale today at 12 pm via Amazon
Redmi Note 11T 5G is set to go on its first sale today. The smartphone will be available on e-commerce site Amazon and Mi.com at 12 pm. Those interested can head to either of the platforms to grab a unit for themselves.
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Epic Games' 'Flipped' goes live with new features
Epic Games has announced that its 'Fortnite Chapter 3 Season 1: Flipped' is now live with new weapons, locations, characters and more. There are several new characters as well, including Spider-Man, Gears of War's Marcus and Kait, and Dwayne 'The Rock' Johnson's Fortnite character, The Foundation.
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Bitcoin back over $50,000, as market calms after weekend turmoil
Bitcoin rose 1.5% in early Asia, after firming overnight in line with equity markets and other risk assets, but many crypto traders remained on edge after Saturday's sharp and sudden plunge.
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Tesla CEO Elon Musk says Joe Biden's EV bill should not pass
Tesla Inc CEO Elon Musk said that the U.S. Congress should not approve the Biden administration's bill to boost subsidies for electric vehicles (EVs), saying the proposal would worsen the country's budget deficit.
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Intel plans to list shares in self-driving car unit Mobileye
Intel Corp said it plans to take self-driving-car unit Mobileye public in the United States in mid-2022, a deal which could value the Israeli unit at more than $50 billion, a person familiar with the matter told Reuters.
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US, Taiwan discuss chips, to cooperate under new framework
U.S. Commerce Secretary Gina Raimondo discussed chip supply chains during a call with her opposite number in Taiwan and the two will cooperate on technology trade and investment through a newly established mechanism, her office said.
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This company fired 900 employees in three minutes on a Zoom call
An Indian-origin CEO of a US-based homeownership company has abruptly fired more than 900 employees, about 9 per cent of its workforce, on a Zoom webinar, citing market efficiency, performance and productivity as the reasons behind the move.
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After BrahMos, IIT-M alumni and former TT champ eyes defence satellites
It has been a three-decade grind for the former table tennis champion and Indian Institute of Technology-Madras (IITM) graduate Srinivasagopalan Rangarajan to lift his company Data Patterns (India) Ltd, whose prestige projects include the BrahMos missile programme, to the point of inflexion.
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Citi announces grants for Indian startups: Key details
Mumbai, Dec 6 (PTI) American lender Citi on Monday said it will be giving a grant to Indian startups for scaling up activities having a positive societal impact in the agriculture, healthcare and financial technologies space.
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WhatsApp launches incubator program for organisations to build healthcare solutions
WhatsApp on Monday announced an incubator program to support organisations in building digital solutions to tackle pressing healthcare issues.
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