Samsung planning to launch new foldable phones in August this year

According to recent tech reports, Samsung Electronics Co. Ltd is slated to unveil its range of new foldable phones via an online event that will be held on its official website on August 10. The event titled ‘Unfold Your World,&rsq....

Sony developing autonomous driving sensors that consume 70% less power

The company is likely to employ these sensors in the Sony-Honda JV electric vehicles. These sensors incorporate image recognition and radar technology to decrease harsh weather effects on EVs. Tech behemoth Sony Group is reportedl....

Apple to slow down spending & hiring over possible economic slump

Even Tesla Inc. and Meta Platforms have announced plans in reducing hiring and investment. Apple's iPhones continue to be among the most sold smartphones worldwide, with the company retaining a 17% market share. Apple Inc. is ....

Indian central bank likely to ban cryptocurrencies with global support

The Reserve Bank of India is reportedly planning to forbid cryptocurrencies from its financial structure due to concerns about the destabilizing effect these virtual assets may have on the nation's economic prosperity. India's Fi....

Telecommunications behemoth SKT to launch air taxi service by 2025

South Korea’s leading telecom company SK Telecom has announced plans to launch an air taxi service by the year 2025, describing Urban Air Mobility (UAM) as a game changer for upcoming advancements in mobility across the globe. Duri....

Fintech start-up OneCard becomes unicorn post USD 100 Mn fresh funding

Pune-based fintech firm FPL Technologies, a credit card provider that operates under the brand name OneCard, has reportedly raised USD 100 million in a Series D funding round. With the latest fundraising, the firm is now valued at USD 1.4 b....

Japan to extend support to India during its energy transition push

Japan’s Industry Minister Koichi Hagiuda announced on Wednesday i.e., 13th July that the country is planning to assist India in steering its transformation process to clean energy by building on an initiative introduced last year for ....

Hyundai Motor Company to build its first South Korean EV factory

Hyundai Motor Company has recently released a statement claiming that it would soon direct its efforts toward building South Korea’s first electric vehicle (EV) factory, marking its first automobile plant in the country in three decad....

Qualcomm, Ericsson, Thales to test 5G networking strength in space

Reliable sources claimed that French multinational aerospace giant Thales Group, Ericsson, and Qualcomm Inc., have joined forces to develop a satellite driven 5G network to improve terrestrial connectivity. The main motive of this innova....

TCS eyeing North America expansion amid economic turmoil in Europe

The statistical figures of Tata Consultancy Services (TCS) for Q1-FY23 have reportedly showcased a mixed outcome of revenues surpassing estimates but with disappointing margins. Aside from this, the company has confirmed that it would be....