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Project Wave: Indian Bank joins hands with NeSL to roll out digital services

The digital services will reduce the turn-around time of the bank guarantee issuance and delivery to the beneficiary from an industry average of 3-4 working days to a few minutes.




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Patents need to be part of cutting-edge products: Rajaraman

“The task of coordinating, connecting and integrating all the work is what probably the Bharat 6G Alliance should do in enabling India's presence to be felt on the global telecommunications map,” Rajaraman said.




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Green IoT: The shift to practical sustainability

Emerging technologies such as 5G, blockchain, and AI are unlocking new IoT use cases in the enterprise. The strategic use of IoT devices allows businesses to create new business models and revenue-generating opportunities as well as drive greater efficiencies across the value chain.




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Want to be data-driven? Treat data as a product

In today’s data-obsessed era, treating data as you would treat your consumer products can help you realize true value from your investments. Whether individual teams piece together the data and technologies they need or centralized teams extract, cleanse, and aggregate data – the challenges plaguing data managers are many, even if not the same.




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From chargers to children's data: How the EU reined in big tech

The groundbreaking Digital Services Act (DSA) and its sister law, the Digital Markets Act (DMA), are the biggest and most recent attempts to rein in tech companies.




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MeitY to hold consultation with industry on data law this week

Big Tech companies are likely to get less time than startups, MSMEs (micro, small and medium enterprises), government departments and other state governments to implement the rules around the DPDPA, the official had said. The government is also ready with a broad draft of the 21 rules under DPDPA, the official had said, adding that the government would now begin consultation on these rules.




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From data chaos to data value — the undeniable case for data streaming

Data mess isn’t anybody’s fault. The situation many businesses find themselves in today is based on decisions made decades ago. It’s part of our IT legacy. And we have to deal with it.




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Data-driven hiring practices, nearly double-digit pay hikes to mark 2024

Employees want workplace flexibility, a greater emphasis on diversity, and impartial hiring processes, while companies are eager to provide fair, engaging and streamlined candidate experiences to attract and retain top talent, according to experts.




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Spanish prosecutors investigate Meta over data use for AI

Spanish prosecutors said Thursday that they were investigating Facebook owner Meta over suspicions it breached data-protection laws by using users' data to train its AI programme. It added that prosecutors were seeking to protect users' "personal data" and would consult the Spanish data-protection authority about possible measures. du/mb/rlp/js




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After Karnataka, UP gears up to develop global capability centres

These centres serve as innovation hubs for key business functions such as product development, artificial intelligence (AI), data analytics, and cybersecurity within the state.




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Sayed Peerzade to spearhead Jio’s cloud revolution as Executive Vice President

In this new role, he will focus on advancing AI and cloud technologies, leveraging his extensive experience to drive innovation within the organization.




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Google spends Rs 23,000 crore to bring back former AI employee, sparks overspending debate in AI race

Noam Shazeer, an AI pioneer who left Google in 2021, has returned to the company after Google paid $2.7 billion to acquire his startup, Character.AI. Shazeer is now a vice president at Google and will lead the development of their next-generation AI project, Gemini. This move highlights the intense competition for top AI talent in Silicon Valley.




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NetApp appoints Ganesan Arumugam as APAC Senior Director

Ganesan will oversee the expansion of the company's Partner Sphere program, which is designed to promote the adoption of unified data storage, integrated data services, and CloudOps solutions.




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Uber to launch AI assistant to help drivers go electric

The ride-hailing company has advocated a shift to EVs for several years and has pledged $800 million to support its driver partners' switching entirely to EVs by 2040.




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TikTok slashes hundreds of jobs in AI shift

Social media platform TikTok said it will slash hundreds of jobs, with a significant number of employees in Malaysia expected to be affected, as the company shifts to AI-assisted content moderation. Less than 500 jobs in Malaysia are expected to be affected by the move.




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LTIMindtree won its largest deal in history due to AI approach: COO

In the second quarter ending September of the ongoing fiscal year 2025, LTIMindtree closed several multi-year projects including a $200 million-plus deal from a US-based manufacturer. The total order intake for the three-month period was flat year-on-year at $1.3 billion, down 7% from previous quarter.




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Karnataka to be positioned as a knowledge capital for GCCs: Priyank Kharge

Priyank Kharge in his keynote at ET GCC Annual Conclave 2024 reiterates the purpose to establish Karnataka as a knowledge and skill capital topped with innovation and GCC policy for investments to follow.




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A year on, Intel's touted AI-chip deals have fallen short

In a call with analysts, CEO Pat Gelsinger attributed their slower uptake to software related to Gaudi and a recent transition from the second to third generation of the chip.




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Tessolve to buy German chip designer for Rs 400 crore

It will also serve to expand the company's European operations by adding four delivery sites across Germany and the Netherlands, including a specialised Advanced Driver Assistance Systems (ADAS) and imaging centre-of-excellence lab.




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Twitter’s headcount has sunk 90% to 1,000 since Musk’s $44-billion takeover: report

In an interview with the BBC last month, CEO Elon Musk said he had fired more than 6,000 people since taking over Twitter.




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Read what Twitter’s new CEO has to say in her first-ever tweet after getting the top post

Twitter will get a new CEO in six weeks. Twitter owner Elon Musk announced recently that Linda Yaccarino will take the top job. Yaccarino too has officially confirmed that she is taking over as CEO of the microblogging platform. Yaccarino, chairman of global advertising and partnerships at NBCUniversal, said that she has been inspired by owner Musk's vision to create a brighter future.




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Twitter to focus on video, commerce in business revamp: investor presentation

After Musk acquired Twitter in October, the social media firm faced months of chaos, including layoffs of thousands of employees, criticism over lax content moderation, and an exodus of many advertisers who did not want their ads appearing next to inappropriate content.




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EU welcomes Meta plans for tough content rules

The EU's Digital Services Act is one of the most ambitious pieces of legislation on controlling online content since the advent of social media, setting major obligations on how platforms deal with free speech. Meta, TikTok, Twitter, and others have to invest heavily in building compliance teams to meet the new rules.




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Meta's Threads swiftly signs up 30 million users, in clear threat to Twitter

Meta's Threads racked up more than 30 million sign-ups within about 18 hours of its launch, emerging as the first real threat to Elon Musk-owned Twitter, as it took advantage of its access to billions of Instagram users and a similar look to that of its rival.




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Twitter to take on LinkedIn with job posting feature

In order to take on the professional social networking platform LinkedIn, Twitter appears to be working on a job posting feature that will allow verified organisations to post job listings on their profiles




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Twitter to be renamed X, enter payments, banking, commerce

The 52-year-old Tesla founder has previously said that his rocky takeover of Twitter last year was "an accelerant to creating X, the everything app," a reference to the X.com company he founded in 1999, a later version of which went on to become PayPal, a payments giant.




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Brands and creators debate on the future of Meta's Threads as engagement dips

New data apps tracking firm Sensor Tower indicates the hype has died down and Threads has seen a 20% decrease in active users and a 50% reduction in time spent on the app, from 20 minutes to 10 minutes.




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Meta prepares AI-powered chatbots in attempt to retain users

Meta has been designing prototypes for chatbots that can have humanlike discussions with its users, as the company attempts to boost its engagement with its social media platforms, according to the report, citing people with knowledge of the plans.




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Is Meta’s Threads a real threat to Twitter?

The success of Threads raises questions about Twitter's future. Amid massive layoffs and declining ad revenue, Twitter faces a turbulent time, further exacerbated by Elon Musk's renaming of the platform to X.




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Elon Musk's X to launch premium subscriptions soon

While he did not provide more details on the subscription plans, a test case by X earlier this week suggested several restrictions for users who don't want to pay for the service.




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For first time, carbon nanotube transistors outperform silicon

For decades, scientists have tried to harness the unique properties of carbon nanotubes to create high-performance electronics that are faster or consume less power -- resulting in longer battery life, faster wireless communication and faster processing speeds for devices like smartphones and laptops.

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  • Physics & Chemistry

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New perovskite research discoveries may lead to solar cell, LED advances

"Promising" and "remarkable" are two words U.S. Department of Energy's Ames Laboratory scientist Javier Vela uses to describe recent research results on organolead mixed-halide perovskites.

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  • Physics & Chemistry

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Tapping the unused potential of photosynthesis

Scientists from the University of Southampton have reengineered the fundamental process of photosynthesis to power useful chemical reactions that could be used to produce biofuels, pharmaceuticals and fine chemicals.

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  • Physics & Chemistry

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New material to revolutionize water proofing

Scientists at The Australian National University (ANU) have developed a new spray-on material with a remarkable ability to repel water.

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  • Physics & Chemistry

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Scientists expect to calculate amount of fuel inside Earth by 2025

Earth requires fuel to drive plate tectonics, volcanoes and its magnetic field. Like a hybrid car, Earth taps two sources of energy to run its engine: primordial energy from assembling the planet and nuclear energy from the heat produced during natural radioactive decay. Scientists have developed numerous models to predict how much fuel remains inside Earth to drive its engines -- and estimates vary widely -- but the true amount remains unknown.

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  • Physics & Chemistry

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Researchers prototype system for reading closed books

MIT researchers and their colleagues are designing an imaging system that can read closed books.

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  • Physics & Chemistry

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A strange thing happened in the stratosphere

This disruption to the wind pattern - called the "quasi-biennial oscillation" - did not have any immediate impact on weather or climate as we experience it on Earth's surface. But it does raise interesting questions for the NASA scientists who observed it: If a pattern holds for six decades and then suddenly changes, what caused that to happen? Will it happen again? What effects might it have?

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  • Earth & Climate

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Study: Earth's carbon points to planetary smashup

Research by Rice University Earth scientists suggests that virtually all of Earth's life-giving carbon could have come from a collision about 4.4 billion years ago between Earth and an embryonic planet similar to Mercury.

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  • Earth & Climate

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NASA sees Hurricane Newton approaching landfall in Baja California, Mexico

NASA's Terra satellite and a NASA animation of imagery from NOAA's GOES-West satellite provided views of Hurricane Newton as it neared landfall in Baja California, Mexico, today, Sept. 6.

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  • Earth & Climate

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OU study demonstrates seasonality of bird migration in response to environmental cues

A University of Oklahoma study demonstrates for the first time that remote sensing data from weather surveillance radar and on-the-ground data from the eBird citizen science database both yield robust indices of migration timing, also known as migration phenology. These indices can now be used to address the critical gap in our knowledge regarding the cues that migrants use for fine tuning their migration timing in response to climate.

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  • Earth & Climate

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Study finds increased ocean acidification due to human activities

Oceanographers from MIT and Woods Hole Oceanographic Institution report that the northeast Pacific Ocean has absorbed an increasing amount of anthropogenic carbon dioxide over the last decade, at a rate that mirrors the increase of carbon dioxide emissions pumped into the atmosphere.

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  • Earth & Climate

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Future fisheries can expect $10 billion revenue loss due to climate change

Global fisheries stand to lose approximately $10 billion of their annual revenue by 2050 if climate change continues unchecked, and countries that are most dependent on fisheries for food will be the hardest hit, finds new UBC research.

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  • Earth & Climate

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NASA sees remnants of Tropical Cyclone Newton over Southwestern US

NASA's Aqua satellite passed over the U.S. Southwest and captured infrared data on the clouds associated with former Tropical Cyclone Newton.

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  • Earth & Climate

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Chemistry says Moon is proto-Earth's mantle, relocated

Measurements of an element in Earth and Moon rocks have just disproved the leading hypotheses for the origin of the Moon.

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  • Earth & Climate

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Big tech to face full force of new EU law

The Digital Services Act (DSA) forces companies to more aggressively police digital content and protect online users from disinformation and hate speech, or face the risk of heavy fines.




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US raises concerns on India's decision to impose import curbs on technological devices

India's imports of PCs/laptops, tablets, Wifi Dongles, Smart Card Reader, and Android TV Boxes were worth USD 8.8 billion in 2022-2023.




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Shivamogga, Kalaburagi tech clusters to open by year-end

The Karnataka government is planning to open two new tech clusters in Shivamogga and AICC president Mallikarjun Kharge's hometown Kalaburagi by the end of this year, the state’s industry ecosystem accelerator Karnataka Digital Economy Mission chairman Naidu BV told ET.




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S Krishnan, named MeitY secy, will oversee implementation of semiconductor mission, DPDP Act

Krishnan will be overseeing the rollout of the recently enacted Digital Personal Data Protection (DPDP) Act, 2023, which is the outcome of almost five years of five years of drafts and consultations. From a digital economy perspective, there are some good features in the DPDP act but it also has some gaps which have been identified by several legal experts.




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TikTok hit with $368 million fine under Europe's strict data privacy rules

TikTok has been fined $368 million by European regulators for breaching data privacy rules and failing to protect children's privacy. The investigation found that the app's sign-up process for teen users made their accounts public by default, posing a risk to underage users. The "family pairing" feature also allowed adults to turn on direct messaging for users aged 16 and 17 without their consent.




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No proposal for independent regulator in proposed e-commerce policy: Official

The proposed e-commerce policy in India will not include provisions for an independent regulator for online retail platforms or cover data-related issues. The policy is in its final stages and will be presented to the Prime Minister's office soon. The Department for Promotion of Industry and Internal Trade recently held discussions with e-commerce firms and domestic traders, resulting in a broad consensus on the proposed policy.