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Intel Says It’s an Open Question Whether to Break Up Company
Intel Corp. Chief Financial Officer Dave Zinsner said that a formal separation of the company’s factory and product-development divisions is an open question. The outcome will be decided by the next leader of the company. Intel’s struggles to keep pace with rivals — along with its deteriorating financial condition — have spurred speculation...
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India's Organic Food Export Growth Rises To $448 Million, Surpassing Last Year's Total
In the current financial year, the total amount of organic food product exports reached 263,050 metric tonnes (MT) till November 25 and the export of organic food products stood at $494.80 million last fiscal (FY24).
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The Witcher 4 Moves to Full-Scale Production, Cyberpunk 2077 Crosses 30 Million Copies Sold
The fourth Witcher game, codenamed Project Polatis, has entered full-scale production, developer CD Projekt Red announced Tuesday as it reported its third-quarter financial results for 2024. The studio said it had wrapped up pre-production on the game, set to be the first instalment in a new Witcher trilogy.
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TSMC to Suspend Production of Advanced AI Chips for China From November 11: Report
Taiwan Semiconductor Manufacturing Co (TSMC) has informed Chinese chip design firms that it is halting production of their most sophisticated AI chips starting November 11, according to a Financial Times report. The chipmaker informed its Chinese clients that it will not produce AI chips on advanced process nodes of 7nm or less, as per the report.
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JPMorgan Rebrands Blockchain Division from ‘Onyx’ to ‘Kinexys’ and Unveils New Features
JPMorgan has rebranded its blockchain unit, originally known as ‘Onyx,’ to ‘Kinexys,’ reflecting its strategic vision for Web3 adoption. The rebranding introduces a suite of new financial products and services, placing blockchain technology at the core of its offerings.
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Lords of the Fallen Sequel Is in Full Production, Will Be Announced in 2025
Lords of the Fallen 2 is at full production stage and will be revealed next year. The action-RPG is still targeting a 2026 launch, publisher CI Games revealed in its latest financial report.
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The Witcher 4 About to Enter 'Full-Fledged' Production Soon, CD Projekt Red Confirms
The fourth Witcher game, codenamed Project Polaris, is set to enter production soon, developer CD Projekt Red confirmed Wednesday. In a statement detailing its earnings in the first half of the financial year, the studio said it was about to conclude pre-production on the title.
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Apple Names Kevan Parekh As New Finance Chief Ahead of Product Launch
Tech giant Apple on Monday named insider Kevan Parekh as its chief financial officer, replacing company veteran Luca Maestri who will transition from the role on Jan. 1, 2025.
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India's Jewellery Retail Sector Surges By $30 Billion In 6 Years: Report
The report highlighted multiple drivers that led to the rapid growth of the industry, including rising disposable income, an improving mix for regular wear of jewellery and enhanced product offerings.
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JioFinance App With UPI, Banking Services Launched in Beta By Jio Financial Services
JioFinance was launched on Thursday in beta form by Jio Financial Services. The newly announced JioFinance platform offers a range of digital banking services, including UPI transactions, bill payments, and insurance advisory in a single app. Future updates will expand loan solutions, beginning with loans on mutual funds and gradually introducin...
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Household Savings Likely To Rise In FY24: Report
Factors like retail credit push by banks and a greater appetite for borrowings have resulted in a rising proclivity for debt among the households, the CRISIL report said.
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OpenAI CEO Sam Altman Pitches ChatGPT Enterprise to Large Firms, Including Some Microsoft Customers
OpenAI Chief Executive Sam Altman has hosted hundreds of Fortune 500 company executives in San Francisco, New York and London this month where he and other OpenAI executives pitched AI services for corporate use, going head-to-head in some cases with financial backer Microsoft, attendees told Reuters.
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Will Apple's Switch To USB Type-C Impact It Financially? Explained
Since the introduction of Lightning port more than a decade ago, Apple has earned tens of millions of dollars per quarter, according to a Bloomberg report.
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Microsoft-Backed OpenAI Acquires Start-Up Global Illumination to Work on ChatGPT, Other Core Products
OpenAI said on Wednesday it had acquired digital products company Global Illumination, in what comes as the first known acquisition by the storied artificial intelligence firm. Financial details of the deal were not disclosed.
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Adani Wilmar Records 25% Volume Growth In Q1, Sales Value Decline By 12%
Adani Wilmar Limited, the FMCG giant, recorded a 25 per cent volume growth in the first quarter of the financial year 2023-2024
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Intel Says It’s an Open Question Whether to Break Up Company
Intel Corp. Chief Financial Officer Dave Zinsner said that a formal separation of the company’s factory and product-development divisions is an open question. The outcome will be decided by the next leader of the company. Intel’s struggles to keep pace with rivals — along with its deteriorating financial condition — have spurred speculation...
-
India's Organic Food Export Growth Rises To $448 Million, Surpassing Last Year's Total
In the current financial year, the total amount of organic food product exports reached 263,050 metric tonnes (MT) till November 25 and the export of organic food products stood at $494.80 million last fiscal (FY24).
-
The Witcher 4 Moves to Full-Scale Production, Cyberpunk 2077 Crosses 30 Million Copies Sold
The fourth Witcher game, codenamed Project Polatis, has entered full-scale production, developer CD Projekt Red announced Tuesday as it reported its third-quarter financial results for 2024. The studio said it had wrapped up pre-production on the game, set to be the first instalment in a new Witcher trilogy.
-
TSMC to Suspend Production of Advanced AI Chips for China From November 11: Report
Taiwan Semiconductor Manufacturing Co (TSMC) has informed Chinese chip design firms that it is halting production of their most sophisticated AI chips starting November 11, according to a Financial Times report. The chipmaker informed its Chinese clients that it will not produce AI chips on advanced process nodes of 7nm or less, as per the report.
-
JPMorgan Rebrands Blockchain Division from ‘Onyx’ to ‘Kinexys’ and Unveils New Features
JPMorgan has rebranded its blockchain unit, originally known as ‘Onyx,’ to ‘Kinexys,’ reflecting its strategic vision for Web3 adoption. The rebranding introduces a suite of new financial products and services, placing blockchain technology at the core of its offerings.
-
Lords of the Fallen Sequel Is in Full Production, Will Be Announced in 2025
Lords of the Fallen 2 is at full production stage and will be revealed next year. The action-RPG is still targeting a 2026 launch, publisher CI Games revealed in its latest financial report.
-
The Witcher 4 About to Enter 'Full-Fledged' Production Soon, CD Projekt Red Confirms
The fourth Witcher game, codenamed Project Polaris, is set to enter production soon, developer CD Projekt Red confirmed Wednesday. In a statement detailing its earnings in the first half of the financial year, the studio said it was about to conclude pre-production on the title.
-
Apple Names Kevan Parekh As New Finance Chief Ahead of Product Launch
Tech giant Apple on Monday named insider Kevan Parekh as its chief financial officer, replacing company veteran Luca Maestri who will transition from the role on Jan. 1, 2025.
-
India's Jewellery Retail Sector Surges By $30 Billion In 6 Years: Report
The report highlighted multiple drivers that led to the rapid growth of the industry, including rising disposable income, an improving mix for regular wear of jewellery and enhanced product offerings.
-
JioFinance App With UPI, Banking Services Launched in Beta By Jio Financial Services
JioFinance was launched on Thursday in beta form by Jio Financial Services. The newly announced JioFinance platform offers a range of digital banking services, including UPI transactions, bill payments, and insurance advisory in a single app. Future updates will expand loan solutions, beginning with loans on mutual funds and gradually introducin...
-
Household Savings Likely To Rise In FY24: Report
Factors like retail credit push by banks and a greater appetite for borrowings have resulted in a rising proclivity for debt among the households, the CRISIL report said.
-
OpenAI CEO Sam Altman Pitches ChatGPT Enterprise to Large Firms, Including Some Microsoft Customers
OpenAI Chief Executive Sam Altman has hosted hundreds of Fortune 500 company executives in San Francisco, New York and London this month where he and other OpenAI executives pitched AI services for corporate use, going head-to-head in some cases with financial backer Microsoft, attendees told Reuters.
-
Will Apple's Switch To USB Type-C Impact It Financially? Explained
Since the introduction of Lightning port more than a decade ago, Apple has earned tens of millions of dollars per quarter, according to a Bloomberg report.
-
Microsoft-Backed OpenAI Acquires Start-Up Global Illumination to Work on ChatGPT, Other Core Products
OpenAI said on Wednesday it had acquired digital products company Global Illumination, in what comes as the first known acquisition by the storied artificial intelligence firm. Financial details of the deal were not disclosed.
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Adani Wilmar Records 25% Volume Growth In Q1, Sales Value Decline By 12%
Adani Wilmar Limited, the FMCG giant, recorded a 25 per cent volume growth in the first quarter of the financial year 2023-2024
