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Saturday, May 1, 2021

Intel seeks $10 billion in subsidies for European chip plant

The pitch is the first time Pat Gelsinger has publicly put a figure on how much state aid he would want, as Intel pursues a multibillion-dollar drive to take on Asian rivals in contract manufacturing.

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Volkswagen expects chip supply to remain tight in coming months

Volkswagen expects semiconductor supplies to the car sector to remain tight in coming months.

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MediaTek expects 10-18% revenue growth in Q2: Report

MediaTek reported consolidated revenues of NT $108.03 billion for the first quarter, up 12.1 per cent sequentially and 77.5 per cent on year, with gross margin arriving at 44.9 per cent and net profits NT $25.77 billion, up 73.4 per cent sequentially and 347 per cent on year.

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Lawsuit filed against Samsung for using defective camera glass: Report

Samsung is being accused of fraud, breach of warranty, and violations of several consumer-protection laws, the report said.

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More than 60% of Instagram users have linked up to Facebook Messenger, exec says

Adoption of Facebook's interoperability between Messenger and Instagram is ahead of expectations, the company's head of Messenger told CNBC. 

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Verizon is considering selling the remnants of AOL and Yahoo — here are the most valuable pieces

There are some intriguing assets within Verizon Media — what used to be called AOL and Yahoo — for certain buyers.

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How Apple does M&A: Small and quiet, with no bankers

While big tech rivals routinely strike multi-billion dollar deals, Apple has refined the "acquihire," or strategic purchase of a small company for its staff.

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Twitter May Struggle to Replicate Bumper 2020 Growth as People Venture Out After COVID-19 Vaccine: Analysts

Twitter will struggle to replicate a bumper 2020 dominated by the US political battles, civil unrest and the COVID-19 crisis as people venture out following vaccine rollouts, Wall Street analysts said.

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TikTok Names ByteDance CFO Shou Zi Chew as New CEO

TikTok appointed Shou Zi Chew, a Singaporean national, as the new Chief Executive Officer of the popular video-sharing platform, the company said.

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EU Court to Rule May 12 on Amazon Appeal of Order to Pay EUR 250 Million in Back Taxes

Europe's second-highest court will rule on May 12 on Amazon's appeal of an EU order to pay about EUR 250 million (roughly Rs. 2,230 crores) in back taxes to Luxembourg.

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Why virtual desktop infrastructure has taken off during the pandemic

Over the past several months, we have brought to you stories about the massive movement of companies to the public cloud following the pandemic. When vast numbers of employees and customers needed to suddenly be serviced remotely, the public cloud seemed to be the way to go, given its scalability and agility.

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Indian developers rushing to learn quantum applications

In quantum computing, the hardware steals the thunder because it is super cool physics. But the software developer community has also quietly made significant strides in building impressive stacks of open source quantum software.

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Gauri Puri: medical doctor to BPM leader

At an age when children would shudder at the sight of blood, 10-year-old Gauri Puri would remain calm. When her friend fell and hurt his leg badly, Gauri promptly cleaned his wound and stopped the bleeding before taking him back to school.

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How India is building products for the world, without travel

The Indian IT services business has required employees to travel overseas, and even live there for extended periods – to understand client requirements, and to implement projects. Now, India is also building products for the world’s consumers. The Mercedes-Benz R&D centre in India creates features for its cars that are used by its buyers globally. The Walmart centre here builds platforms that are improving the buying experience for US and Mexican consumers. Goldman Sachs’s facility here has played a central role in building its new consumer digital bank Marcus.

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These two young entrepreneurs have great stories to tell

We had two young, utterly fascinating entrepreneurs – Dhruv Agrawal and Anupama Engineer – on our webinar last week. Both are building deep tech ventures in healthcare. We would urge you to listen to the webinar on the Times Techies Facebook page if you want to be a deep tech entrepreneur.

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Bosch's India engineers are revolutionising cars globally

The age of the traditional car is over. The car is getting digital, connected, and intelligent. And Robert Bosch's India engineers – about 20,000 of them – are playing a central role in developing this rolling smart device for the world.

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Sibanjan's books feature in several varsity libraries

As an eighth-grader, Sibanjan Das repaired a computer in the electrical department in Baripada, Odisha, and was given Rs 50 in appreciation. “I remember going there in my school uniform. But once I was home, my father rode me back on his scooter and told me to return the money. I got a good scolding for accepting it in the first place,” laughs Sibanjan.

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Facebook to roll out vaccine finder tool in India

The social media giant had, earlier this week, announced a $10 million grant for emergency response efforts for Covid-19 situation in the country

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TikTok names ByteDance CFO Shouzi Chew as new CEO

Chew, who is based in Singapore and was named CFO of TikTok parent company ByteDance in March this year, will continue in that role

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ICICI Bank shares tips to stay financially safe and secure during the pandemic

Covid-19 pandemic has hit us all very hard. It has become important more than ever to take necessary precautions in order to ensure the safety of our families. While taking care of physical health, one also needs to be financially sound. ICICI Bank has shared a checklist that can help one stay safe and secure during the pandemic.

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These are the top 10 smartphone brands in the world



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