Elon Musk asked how he runs Twitter with 1500 employees, here is what he said

After buying Twitter late last year, Elon Musk laid off thousands of employees to mitigate excess expenses. Musk also revealed that Twitter employs roughly 1,500 workers, down from 8,500 employees before his takeover. However, Musk said that not all past employees got laid off, but some left voluntarily. It was due to…

IIT Bombay partners with JSW Group to establish Technology hub for steel manufacturing

Indian Institute of Technology, IIT Bombay has partnered with the JSW Group to establish a state-of-the-art JSW Technology Hub in India for steel manufacturing. IIT Bombay has set up the Centre of Excellence in Steel Technology (CoEST) and the JSW technology hub is established within the CoEST. Under this pact,…

Sensex rises over 600 points, Nifty up over 16,300 | Top gaining shares

Sensex and Nifty settled over 1 per cent higher on Friday, led by gains in information technology stocks, as strong the US retail earnings outlook and waning concerns about overly aggressive interest rate hikes by central banks lifted sentiment globally. The NSE Nifty 50 index settled up 1.13 per cent or 182.30 points…

Sensex, Nifty fall as technology shares slide

Indian equities fell in line with Asian peers on Wednesday, with technology stocks leading the decline as U.S. Treasury yields hit two-year highs, although losses were plugged by gains in non-bank lender Bajaj Finance after strong results. The blue-chip NSE Nifty 50 index was down 0.41% at 18,038.25 by 10:14 am, while…

Jack Dorsey says promise of Web3 is not real, Twitter users say don’t kill hopes

Web3 is being hailed as the biggest revolution that the blockchain technology could enable in the coming years. The new form of Internet will supposedly bring back the ownership of information and property exchanged over it to the people. In the process, it aims to eliminate the middlemen, which at present are…

NoiseFit Evolve 2 with support for Hindi language, fast charging technology launched in India

Popular wearables company Noise has unveiled the NoiseFit Evolve 2 in the Indian market. The NoiseFit Evolve 2 comes with a host of interesting features including support for the Hindi language, Instacharge technology along various other health features. NoiseFit Evolve was listed on Flipkart a week ago but the…

Apple’s AirPower-like wireless charger may still be in works, reverse charging on iPhone also likely

Apple had to give up on its ambitious AirPower wireless charger in 2019 because of one too many complications with the technology. That was sad news for people who spent months anticipating AirPower’s launch. AirPower was supposed to be an all-in-one wireless charger that would charge an iPhone, an Apple Watch, and…

Sensex, Nifty flat as banks counter gains in energy, tech

Indian shares were subdued in volatile trading on Thursday, as technology and energy sectors offset losses in banking stocks, while heavyweight Reliance Industries jumped more than 1% after a sharp fall in the previous session. The blue-chip NSE Nifty 50 index was up 0.12% at 17,436 by 9:19 am, while the benchmark…

ACT Fibernet is giving up to 500 Mbps speed to existing customers at no extra cost, check details

ACT or Atria Convergence Technology Fibernet is offering its customers additional speed benefits for November. Customers are receiving updates about the speed upgrades on their emails. ACT customers can get access to the speed upgrade through the ACT Fibernet app or the offer email. The app and the email display a…

Sensex opens above 62,000, Nifty crosses 18,500

Indian shares rose on Tuesday to hit another record high, led by gains in information technology and financial stocks, with investors betting on strong corporate earnings for the September quarter. The NSE Nifty 50 index was up 0.5% at 18,571, while the S&P BSE Sensex rose 0.63% to 62,156.48 by 9:25 am. The Nifty…