Uber Technologies Inc. has agreed to buy Delivery Hero SE in a deal that values the German food-delivery company at $14.8 billion. The Delivery Hero logo. Uber has agreed to acquire the food delivery company in a $14.8 billion deal. (AFP) Uber offered to pay €41.50 ($47.60) a share and will acquire the bulk of…
For much of the past three years, the artificial intelligence (AI) race appeared deceptively straightforward. The fastest, strongest and most powerful will likely win. The summer of 2026 has changed the contours significantly, and it is no longer that simple. An AI Cold War is getting properly frosty. For every powerful AI model that US…
At the global level, Russian crude has served as a stabilising factor for the oil market. (Representative image) Is India facing 100% tariffs from the US for its Russian oil imports? A bipartisan group of US senators on Tuesday introduced a revised bill proposing 100% tariffs on five countries, including India and China, for continuing…
India is set to get its first Hydrogen Fuel Cell Train on Friday. Prime Minister Narendra Modi is set to flag off the train on the Jind–Sonipat section in Haryana, marking a new chapter in the country’s transition towards cleaner transport. India’s first Hydrogen Fuel Cell Trainset is designed to generate its own electricity onboard…
Former Reserve Bank of India (RBI) governor Raghuram Rajan is set to play a role in shaping the future of US monetary policymaking after being appointed by the Federal Reserve to a high-level task force reviewing its policy framework. The appointment is part of five expert panels unveiled by newly appointed Federal reserve chairman Kevin…
Opening thoughts. Mozilla isn’t at best pleased with typical Microsoft tactics. Monopolistic behaviour, is another way to describe it. Mozilla’s published the Over The Edge 2.0 report this week, in which researchers Dr. Harry Brignull and Cennydd Bowles put together the findings of monitoring Microsoft’s deceptive tactics to drive users towards the Edge browser on…
Stock market today: Nifty seen opening steady as Fed rate-cut hopes, DII buying support sentiment Indian equity markets are expected to open on a steady note on Wednesday, with Gift Nifty trading around 24,085, up 43 points, indicating a mildly positive start for benchmark indices. While global market cues remain mixed, investors will continue to…
When Xiaomi first made its intentions clear with the Human x Car x Home philosophy in early 2024, skeptics would have likely brushed it aside as another instance of corporate-speak. It didn’t feel that way, as I got a first glimpse of the Xiaomi SU7 electric sedan at the Mobile World Congress (MWC) showcase in…
NEW DELHI: The use of new technology is helping the Employees’ Provident Fund Organisation (EPFO) settle claims faster apart from clearing backlog and depositing interest income into subscriber accounts quickly.The latest version of Centralised IT Enabled Services (CITES), which went live July 3, as well as the revamped rules, have resulted in auto-processing of 83%…
NEW DELHI: India’s refurbished smartphones and laptops market is set to significantly outperform the market for new devices this year as soaring memory costs push up prices and drive more consumers towards certified pre-owned alternatives. The trend is also prompting leading brands to strengthen their official refurbished programmes, signalling that the secondary market is becoming…
