SAN FRANCISCO - Electric car maker Tesla on Friday announced it is laying off seven per cent of its full-time staffers in an attempt to reduce costs and increase profits. The news comes on the heels of Tesla CEO Elon Musk laying the foundation of a Tesla Gigafactory in Shanghai earlier this month -- the first outside the US. All Tesla employees were informed about the development in an email. "Starting around May, we will need to deliver at least the mid-range Model 3 variant in all markets,
ANAND - The Gujarat Cooperative Milk Marketing Federation Limited (GCMMF), which owns Amul brand, has sent a legal notice to Google India on fraudulent practices it claims to have found being carried out by individuals and organisations using the latter's platform. The notice was issued to Google India Pvt Ltd on January 10 regarding individuals/organizations using Google platform for fraudulent practices, according to official statement on Wednesday.
SAN FRANCISCO - Video-sharing giant YouTube has announced that it will kill the feature that allows users to automatically share their YouTube Activity on micro-blogging site Twitter after January 31. Twitter currently allow users to share their YouTube activity via options such as going to YouTube Settings, then to Connected apps and choosing "Share your public activity to Twitter". Instead, the platform is urging users to share videos on social networks directly from YouTube via the Share button.
SAN FRANCISCO - Riding on a robust growth last year, Apple CEO Tim Cook earned a compensation package of $15.7 million -- including $12 million in bonus that means nearly $33,000 a day. The package included $3 million in base salary, $12 million in incentives awarded for performance and another $682,000 as "Other Compensation" (like personal security services and use of a private aircraft), the Cupertino-based company said in its filing late Tuesday with the US Securities and...
LAS VEGAS - In a first such collaboration between two arch rivals, Samsung has announced it will offer Apple iTunes movies and TV shows and Apple AirPlay 2 support on 2019 Smart TV models beginning this spring. So if you've bought movies or TV shows from Apple's iTunes store, you will be able to watch those on Samsung TVs without connecting an Apple TV box. "In an industry first, a new iTunes Movies and TV Shows app will debut only on Samsung Smart TVs in more than 100 countries.
NEW DELHI - The Indian government asked Apple to provide information regarding 27 devices and 18 accounts in the January-June 2018 period, with the company providing data in most of the cases owing to an iTunes Gift Card fraud investigation. The number of requests from India -- in various formats such as subpoenas, court orders, warrants or other valid legal requests -- also included 34 financial identifiers and three emergency requests, Apple said in its bi-annual transparency report released late Monday.
SAN FRANCISCO - Google's video chat app Duo has now been downloaded more than 1 billion times on Google Play. The company launched Duo in 2016 along with instant messaging app Allo with much fanfare."Duo hit 500 million downloads just six months ago, so another 500 million in that time span is pretty impressive," tech website Android Police reported late on Saturday. In 2018, the company has launched Duo support for iPad, Android Tablet, Chromebook, and Smart Displays.
NEW YORK - Google on Monday announced to invest $ 1 billion to establish a new campus in New York City. The 1.7 million square-feet campus called Google Hudson Square will be the primary location for the company's New York-based Global Business Organisation. According to Ruth Porat, Senior Vice President and CFO of Google and its parent company Alphabet, it hopes to start moving into the two Hudson Street buildings by 2020, followed by 550 Washington Street in 2022 once the building is complete.
NEW DELHI - Walmart India on Monday announced the appointment of Sameer Aggarwal as its Chief Business Officer with immediate effect. The company said in a statement that its Chief Operating Officer Devendra Chawla has resigned "to pursue other opportunities outside Walmart India". Aggarwal is currently the Chief Strategy and Administrative Officer for the company. "In this expanded role, Sameer, currently Chief Strategy and Administrative Officer, will now lead strategy, merchandising,
NEW DELHI - Facing intense scrutiny over the misuse of its platform globally during elections, Facebook has announced fresh steps to increase ad transparency and defend against foreign interference ahead of the 2019 Lok Sabha polls in India. Now anyone who wants to run an ad in India related to politics will need to first confirm their identity and location, and give more details about who placed the ad, the social networking giant said in a statement late Thursday.