The startup ecosystem of India, emerged as the third largest in the world, with over 99,000 recognised firms and 108 unicorns. In regard to the Web3 ecosystem, industry players have identified setbacks, that is slowing down the overall growth of the sector. As India observes the National Startup Day on Tuesday, January 16 – CoinDCX’s … Read more
The metaverse technology seems to have a bright future in India, use cases of which are being foreseen in plenty by experts from the industry. In a recent conversation with Gadgets360, Dilip Chenoy, the chairperson of Bharat Web3 Association highlighted a special industrial use case of the metaverse. Chenoy said, the hyper-realistic visuals that metaverse … Read more
Sony’s gaming chief Jim Ryan met EU antitrust chief Margrethe Vestager on Wednesday to discuss Microsoft’s $69 billion (about Rs. 5,62,647 crore) bid for Call of Duty maker Activision Blizzard, a person familiar with the matter said on Thursday. The meeting came as the EU competition watchdog prepares to warn Microsoft this week about the … Read more
With the advent and now visible growth of cryptocurrencies, traditional market practices are looking at an urgent revamp around the world. Earlier this week, Madhabi Puri Buch, chairperson of the Securities and Exchange Board of India (SEBI), highlighted some important tweaks for traditional markets to implement on priority to retain its investor-base. Buch said if … Read more
AI will be the “defining mega-trend” for the global computing industry, the head of chip giant AMD said Thursday in Taiwan, where the majority of the world’s semiconductors powering the technology is produced. California-based Advanced Micro Devices (AMD) is one of the world’s largest chip suppliers — rivalling giants Intel and Nvidia — and their … Read more
Foxconn’s chairman on Saturday defended its hiring practices after New Delhi ordered investigations following a Reuters report that the Apple supplier rejects married women from iPhone assembly jobs. “Foxconn hires regardless of gender, but women make up a big part of our workforce here,” Young Liu said during the opening ceremony for a hostel complex … Read more
Crypto trading has become an addictive habit among the younger population of the UK, according to National Health Service (NHS) Chief Executive Amanda Pritchard, who has sounded the alarm on the rising cases of crypto trading addiction. Pritchard has called for intervention from the UK lawmakers, flagging the risks associated with cryptocurrency trading addiction. In … Read more
It has been a tough few days for Microsoft and Xbox. First, the firm’s ambitious and expensive attempt to acquire Call of Duty maker Activision Blizzard hit a major hurdle when Britain’s competition regulator blocked the $69 billion (roughly Rs. 5,63,980 crore) deal on April 26, citing cloud gaming concerns. And then, Redfall, Xbox’s first … Read more
The chief scientist for Facebook-owner Meta on Tuesday said that generative AI, the technology behind ChatGPT, was already at a dead end, instead promising new artificial intelligence resembling human rationality. “Today AI and machine learning really sucks. Humans have common sense, machines don’t,” Yann LeCun told reporters at a Meta launch event in Paris. LeCun … Read more
Changpeng Zhao, the founder and former CEO of Binance, was released from US custody on September 28 after completing a four-month sentence in a California-based low-security prison, Lompoc II. The crypto mogul, who has been banned from the Binance leadership for lifetime, has decided to remain a part of the blockchain ecosystem as an investor. … Read more