India’s telecom firm Bharti Airtel wil make in investment of 50 billion rupees ($673 million) for expansion of its data centre operations so that the company is able to satisfy consumer demand in and around India, the company said on Thursday. The investment will be made by 20205 by its Nxtra business, Airtel Business CEO…
The current market situation has reportedly forced the public listing of Virgin Atlantic, the United Kingdom based airline founded by billionaire Richard Branson, to be delayed by the company till early next year as the company now focuses on the reopening of the transatlantic market, said reports quoting sources with knowledge of the matter. The…
General Motors’ BrightDrop electric commercial vehicle company would add a second delivery van to its portfolio in 2023, the company said on Tuesday, and added that it has committed to offer that vehicle to Verizon Communications Inc. The medium-sized EV410, intended for a sector that includes groceries, telecoms, and other service providers that require smaller…
On the third day of a week-long hearing at the General Court of the European Union, United States based search engine giant Google said that its policy of payment made to phone makers for pre-installing only Google Search on the devices that they make does not aim to prevent competition in the market but is…
While rejecting the charges levelled against it by the competition of the European Union of Alphabet unit Google adopting a carrot-and-stick tactic that stifled competition with respect to the firm’s deals with Android phone makers, the United States based company said that such deals instead boosted competition. The EU had slapped a record 4.3-billion-euro ($5…
The planned development of an Instagram for kids by Facebook was paused on Monday by the social media company after the announcement of the plan was severely criticised by lawmakers as well as users. “While we believe building ‘Instagram Kids’ is the right thing to do, Instagram, and its parent company Facebook, will re-evaluate the…
according to Elon Musk, CEO of the United States based electric vehicle maker Tesla, stated on Friday that the continuing semiconductor shortage problem being faced throughout the world will be resolved by next year. The tech entrepreneur believes the chip scarcity is a “short-term” issue rather than a long-term one. “There’s a lot of chip fabrication plants that…
Amazon.com Inc introduced eight global and local streaming services on its video platform in India on Friday. With this launch, the company aims to increase paid subscriptions in the huge Indian market for its video streaming services. The decision comes at a time when the firm is facing increased rivalry from both global and domestic…
India’s Ola plans to produce kick scooters, e-bikes, drones and even flying cars under its future mobility scheme to help meet the country’s transport needs, the company’s founder Bhavish Agarwal said in a blogpost on Thursday. Ola, backed by Japan’s Softbank Group, is building what it calls a “New Mobility” ecosystem which will include mobility…
General Motors Co announced on Thursday that it will make an investment of $300 million in the Chinese self-driving startup Momenta for developing self-driving technology for the American company’s future models in China, marking the company’s first such partnership in the world’s largest vehicle market. Momenta is one of the few firms in China with…
