Category: Technology
teamlease edtech: Teamlease Edtech to partner with Skill India for ‘Digivarsity’
[ad_1] Learning solutions company Teamlease Edtech is soon set to launch a platform in partnership with Skill India mission. The segment, called ‘Digivarsity,’ will have potential employers train students while they are still in college to increase their employability. The company’s CEO Shantanu Rooj told ET that the program is set to cover 17 sectors. ...
River EV: EV maker River raises $15 million in funding led by UAE-based Al Futtaim Group
[ad_1] Bengaluru-based electric scooter maker River has raised a $15 million funding round led by UAE-based multinational company Al Futtaim Group. Existing investors including Silicon Valley investor Chris Sacca-owned Lowercarbon Capital, Toyota Ventures, Maniv Mobility, and Trucks VC also participated in the round, the company said in a statement. The fresh funding will help the ...
byjus: Timeline: Byju’s $1.2 billion loan saga
[ad_1] Troubled edtech company Byju’s has sued lender Redwood and its related entities in the New York Supreme Court for accelerating a $1.2 billion Term loan (TLB), calling their demands “high-handed”. Byju’s also skipped its quarterly interest payment of $40 million due on June 5, saying it will not make any further payments on the ...
redwood: Byju’s files suit challenging loan acceleration, seeks lender Redwood’s disqualification
[ad_1] Indian education startup Byju’s said on Tuesday it filed a suit against investment management firm Redwood to challenge the acceleration of a $1.2 billion term loan B (TLB) and to disqualify Redwood for its predatory tactics. The edtech, which has filed a suit in the New York Supreme Court, said Redwood, contrary to the ...
Elon Musk says he learned China will initiate AI regulations
[ad_1] The Chinese government will seek artificial intelligence regulations in its country, billionaire Elon Musk said on Monday, saying he learned about that from his conversations with officials during his recent trip to China. [ad_2] Source link
apple: Apple updates Macs ahead of expected headset reveal
[ad_1] Apple Inc on Monday revamped its lineup of desktop and laptop Macs using its own processor chips ahead of its expected announcement of its first mixed-reality headset. Apple announced a 15-inch MacBook Air powered by an Apple-designed M2 processor chip. The laptop with six speakers will start at $1,299 and be available next week. ...
Twitter: Twitter’s US ad sales plunge 59% as woes continue
[ad_1] Elon Musk recently said Twitter’s advertising business was on the upswing. “Almost all advertisers have come back,” he asserted, adding that the social media company could soon become profitable. But Twitter’s US advertising revenue for the five weeks from April 1 to the first week of May was $88 million, down 59% from a ...
amazon seller fee: Amazon waives 10% of seller fee on June 5
[ad_1] Marking its 10th anniversary in India, ecommerce company Amazon reduced its “sell on Amazon fee” by 10% for all transactions on June 5. The fee is levied on sellers. “As part of Amazon.in’s 10th anniversary celebrations, customers shopping on Amazon.in will get a 10% cashback up to Rs 250 on a minimum transaction of ...
cyxtera: Data-center operator Cyxtera files for bankruptcy
[ad_1] Data-center operator Cyxtera Technologies Inc filed for U.S. bankruptcy protection in New Jersey on Sunday, two years after the company went public, as it struggles to pay down debt and faces a severe funding crunch. Miami, Florida-based Cyxtera is a provider of co-location services, which allows companies to keep their privately-owned servers and networking ...
Sam Altman: Opening the AI chat window with OpenAI CEO Sam Altman
[ad_1] Sam Altman, OpenAI and ChatGPT have taken centre stage as the world discusses the impact of the artificial intelligence (AI) revolution on humanity. Given its explosive potential, the big question of how to regulate AI is one that countries are currently grappling with as ChatGPT mainstreams the technology, something Altman has clear views on. ...