Major Internet Companies

Google closed above the $2 trillion mark on Friday in a first for the company as the company's latest results showed investors that Google would be a major player in the artificial intelligence (AI) arena. Alphabet's stock rose 10 percent on Friday, adding almost $200 billion to the company’s market capitalization in its biggest one-day jump sinc...

OpenAI announced new tools, and features for its enterprise-grade Assistants API on Tuesday. The AI firm has made its API suite available to large businesses which require customised solutions for its workloads. Highlighting some of its major clients such as Klarna, Morgan Stanley, Oscar, Salesforce, and Wix, the company that it rolled out the new ...

OpenAI announced a major improvement to its latest artificial intelligence (AI) model GPT-4 Turbo on Tuesday. The AI model now comes with computer vision capabilities, allowing it to process and analyse multimedia inputs. It can answer questions about an image, video, and more. The company also highlighted several AI tools which are powered by GPT-...

Apple will introduce its newest iPhone 16 lineup, expected to be packed with Generative AI features, later this year. The Cupertino, California-based company’s AI push has lagged far behind rivals Google and Samsung, with both the Pixel 8 and the newly unveiled Galaxy S24 series packing artificial intelligence-based tools and apps. Generative AI ...

Tencent Holdings' Riot Games plans to lay off 530 employees, or about 11 percent of its staff globally, the online gaming company said on Monday in a blog that included a letter to employees from CEO Dylan Jadeja.

Apple's upcoming iOS 18 update is a 'critical' one, according to Bloomberg's Mark Gurman, who writes in his weekly newsletter that Apple's next major operating system update is expected to help it sell its iPhone 16 series of smartphones. Apple recently confirmed that the company is working on adding features powered by artificial intelligence (AI)...

Earthquake Alert System in India: Internet major Google will roll out an earthquake alert service in India that works using sensors in Android smartphones to detect and estimate the intensity of earthquakes, the company said on Wednesday.

Chip designer Arm Holdings secured a $54.5 billion (roughly Rs. 4,52,137 crore) valuation in its US initial public offering (IPO) on Wednesday, seven years after its owner SoftBank Group took the company private for $32 billion (roughly Rs. 2,65,475 crore).

Following Barbie’s box office success, Mattel is reportedly looking to expand its cinematic universe with 14 movies. According to Variety, the list includes Daniel Kaluuya-led ‘surrealistic’ Barney film, J.J. Abrams’ Hot Wheels movie, Lena Dunham’s Polly Pocket adaptation, a Vin Diesel-led Rock ‘Em Sock ‘Em Robots film, and more. The ...

Edtech major Byju's is growing slowly but sustainably and is close to achieving profitability at the group level, the company's CEO Byju Raveendran said on Thursday. The company organised a town hall with Raveendran to allay apprehensions about the uncertainty around the company's growth and its future.

Meta Platforms said on Thursday subsidies from Big Tech should be the last option for European Union telecoms operators trying to get US companies to foot some of their network cost. Deutsche Telekom, Orange, Telefonica and other operators have lobbied for two decades for US tech giants to contribute to 5G and broadband roll-out, saying they create...

Edtech major BYJU'S on Tuesday said it has filed a complaint in the New York Supreme Court to challenge acceleration of the USD 1.2 billion (roughly Rs. 9,916 crore) Term Loan B (TLB). The company is also seeking the disqualification of Redwood, who contrary to the terms of TLB, purchased a significant portion of the loan while primarily trading in...

Adobe on Tuesday said it is adding artificial intelligence (AI) technology for generating imagery into Photoshop, its flagship software for editing images. The San Jose, California-based company said it was the start of a major push to add such AI technologies to its suite of programs aimed at creative professionals.

Bharti Airtel expects to complete the 5G rollout in urban areas and some key rural pockets this year and expects the investment in networks to hover around Rs. 28,500 crore, a senior official of the company said on Wednesday.

Grand Theft Auto 6 could launch as soon as 2024. Rockstar Games’ parent company Take-Two shared its latest yearly earnings report, which details that it’s aiming to achieve $8 billion in net bookings within the fiscal years 2025 and 2026. The fiscal year 2025 will begin in April 2024 and a massive target as such could only be achieved via a maj...

Google closed above the $2 trillion mark on Friday in a first for the company as the company's latest results showed investors that Google would be a major player in the artificial intelligence (AI) arena. Alphabet's stock rose 10 percent on Friday, adding almost $200 billion to the company’s market capitalization in its biggest one-day jump sinc...

OpenAI announced new tools, and features for its enterprise-grade Assistants API on Tuesday. The AI firm has made its API suite available to large businesses which require customised solutions for its workloads. Highlighting some of its major clients such as Klarna, Morgan Stanley, Oscar, Salesforce, and Wix, the company that it rolled out the new ...

OpenAI announced a major improvement to its latest artificial intelligence (AI) model GPT-4 Turbo on Tuesday. The AI model now comes with computer vision capabilities, allowing it to process and analyse multimedia inputs. It can answer questions about an image, video, and more. The company also highlighted several AI tools which are powered by GPT-...

Apple will introduce its newest iPhone 16 lineup, expected to be packed with Generative AI features, later this year. The Cupertino, California-based company’s AI push has lagged far behind rivals Google and Samsung, with both the Pixel 8 and the newly unveiled Galaxy S24 series packing artificial intelligence-based tools and apps. Generative AI ...

Tencent Holdings' Riot Games plans to lay off 530 employees, or about 11 percent of its staff globally, the online gaming company said on Monday in a blog that included a letter to employees from CEO Dylan Jadeja.

Apple's upcoming iOS 18 update is a 'critical' one, according to Bloomberg's Mark Gurman, who writes in his weekly newsletter that Apple's next major operating system update is expected to help it sell its iPhone 16 series of smartphones. Apple recently confirmed that the company is working on adding features powered by artificial intelligence (AI)...

Earthquake Alert System in India: Internet major Google will roll out an earthquake alert service in India that works using sensors in Android smartphones to detect and estimate the intensity of earthquakes, the company said on Wednesday.

Chip designer Arm Holdings secured a $54.5 billion (roughly Rs. 4,52,137 crore) valuation in its US initial public offering (IPO) on Wednesday, seven years after its owner SoftBank Group took the company private for $32 billion (roughly Rs. 2,65,475 crore).

Following Barbie’s box office success, Mattel is reportedly looking to expand its cinematic universe with 14 movies. According to Variety, the list includes Daniel Kaluuya-led ‘surrealistic’ Barney film, J.J. Abrams’ Hot Wheels movie, Lena Dunham’s Polly Pocket adaptation, a Vin Diesel-led Rock ‘Em Sock ‘Em Robots film, and more. The ...

Edtech major Byju's is growing slowly but sustainably and is close to achieving profitability at the group level, the company's CEO Byju Raveendran said on Thursday. The company organised a town hall with Raveendran to allay apprehensions about the uncertainty around the company's growth and its future.

Meta Platforms said on Thursday subsidies from Big Tech should be the last option for European Union telecoms operators trying to get US companies to foot some of their network cost. Deutsche Telekom, Orange, Telefonica and other operators have lobbied for two decades for US tech giants to contribute to 5G and broadband roll-out, saying they create...

Edtech major BYJU'S on Tuesday said it has filed a complaint in the New York Supreme Court to challenge acceleration of the USD 1.2 billion (roughly Rs. 9,916 crore) Term Loan B (TLB). The company is also seeking the disqualification of Redwood, who contrary to the terms of TLB, purchased a significant portion of the loan while primarily trading in...

Adobe on Tuesday said it is adding artificial intelligence (AI) technology for generating imagery into Photoshop, its flagship software for editing images. The San Jose, California-based company said it was the start of a major push to add such AI technologies to its suite of programs aimed at creative professionals.

Bharti Airtel expects to complete the 5G rollout in urban areas and some key rural pockets this year and expects the investment in networks to hover around Rs. 28,500 crore, a senior official of the company said on Wednesday.

Grand Theft Auto 6 could launch as soon as 2024. Rockstar Games’ parent company Take-Two shared its latest yearly earnings report, which details that it’s aiming to achieve $8 billion in net bookings within the fiscal years 2025 and 2026. The fiscal year 2025 will begin in April 2024 and a massive target as such could only be achieved via a maj...