New Delhi, July 28 (IANS) As AI reshapes business models across the technology sector, the selloff in US technology stocks stretched into a fourth straight trading session, wiping about $1.2 trillion from the sector’s market value.Nasdaq 100 index extended its decline overnight, with Tesla leading losses after tumbling more than 16 per cent over the past four trading sessions. Moreover, Sandisk, T-Mobile, Meta Platforms, Alphabet and Amazon fell between 7 per cent and 10 per cent over the same p…
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New Delhi, July 22 (IANS) Nearly 89 per cent of reserved railway tickets booked in India during the period from June 2025 to June 2026 were purchased through online platforms, the Ministry of Railways informed on Wednesday.Out of 65.08 crore reserved tickets booked during the period, around 89 per cent were booked online, driven by enhanced digital services and a secure reservation system, Union Minister for Railways, Information & Broadcasting and Electronics & Information Technology, A…
New Delhi, July 22 (IANS) Apple’s iPhone 17 series emerged as the company’s strongest-selling smartphone lineup in India during the second quarter of 2026, accounting for 44 per cent of its total iPhone shipments, according to CyberMedia Research (CMR) on Wednesday.The research firm said the iPhone 16 series followed closely with a 40 per cent share of Apple’s shipments during the quarter, it stated.The iPhone 17e contributed 6 per cent of shipments, while the iPhone 16e accounted for 5 per cent…
New Delhi, July 11 (IANS) Global smartphone shipments declined 11 per cent (year-on-year) in the April-June quarter (Q2 2026), reaching the lowest second-quarter levels since 2013, a report showed on Monday, as the memory shortage deepened and emerged as the dominant drag on the industry.According to preliminary estimates from Counterpoint Research’s Market Monitor, DRAM and NAND prices continued to balloon through the quarter as memory suppliers kept prioritising AI data centre demand over cons…
New Delhi, July 13 (IANS) The government on Monday said that it has not found evidence of any critical loss of information following the recent cyber security incident involving Tata Electronics.Speaking at the launch of the latest Digital Threat Report, Electronics and Information Technology Secretary S. Krishnan said Tata Electronics is working closely with the Ministry of Electronics and Information Technology (MeitY) to address the incident.”Tata Electronics is working closely with MeitY. Ba…
New Delhi, July 13 (IANS) India is moving beyond low‑cost manufacturing toward building globally competitive capabilities, and a confluence of currency depreciation, expanded trade access and record public capex could accelerate a structural shift in the sector, a report said on Monday.The report from Carnelian Asset Management and Advisors said India’s first manufacturing-focused fund has delivered over 32 per cent CAGR since its inception in 2020.Manufacturing 2.0 is unfolding in real time…
New Delhi, July 11 (IANS) Apple has sued the leading artificial intelligence (AI) firm OpenAI and its hardware chief for allegedly engaging in a coordinated campaign to steal information about upcoming products.The iPhone maker alleged that OpenAI pushed Apple employees to divulge information, components, drawings and other materials related to upcoming products, according to multiple reports.In a suit filed in the Northern District of California, Apple alleged that Tang Tan, the chief hardware …
New Delhi, July 8 (IANS) Apple has significantly expanded its partnership with Broadcom through a new multi-year agreement worth more than $30 billion, marking the company’s largest manufacturing commitment in the United States and reinforcing its broader strategy to strengthen domestic semiconductor production.The agreement, which extends through 2031, is expected to support the production of more than 15 billion chips in the US.As part of the deal, Broadcom will invest $1.5 billion to expand i…
Los Angeles, July 7 (IANS) Hollywood actress Julia Garner has been signed to star in the series adaptation of the Mikita Brottman true crime book ‘Guilty Creatures: Sex, God, and Murder in Tallahassee, Florida. Craig Gillespie is attached to direct and executive produce under his Fortunate Jack Productions banner, reports ‘Variety’.The logline for the series states that it “delves into the psyche of a torrid romance and subsequent act of murder between two young, adulterous but God-feari…
Patna, July 6 (IANS) A major burglary was reported from the Daniyawan police station area of Patna district, where unidentified criminals allegedly used a gas cutter to break into a mobile showroom and its warehouse, then escaped with cash and electronic goods worth nearly Rs 40 lakh. The incident occurred at Neha Mobile Corner, located in Galaxy Tower behind the State Bank of India (SBI) branch in Daniyawan market. The theft has triggered concern among local traders and shopkeepers.According to…