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Business / The Siasat Daily

Tesla robotaxi will be combination of Uber, Airbnb: Elon Musk

San Francisco: Electric vehicle company Teslas CEO Elon Musk has predicted that the companys robotaxi will be like Uber and Airbnb combined. During the companys annual shareholders meeting, Musk stated that the system is not being designed with a launch city in mind, the way competitors have approached the concept, reports Fox Business. When the Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by subscribing to

7 Aug 2022 7:25 pm
Banks to spend additional $31 bn on AI to reduce frauds

New Delhi: Banks worldwide are expected to spend an additional $31 billion on artificial intelligence (AI) embedded in existing systems by 2025 to reduce fraud, according to a report. Similarly for banking executives worldwide, fraud management is featured strongly as a priority, the IDC report mentioned. In the process of coming up with digital products Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by subsc

7 Aug 2022 2:59 pm
Indias smart home security camera market grows 116%

New Delhi: Indias smart home security camera market grew 116 per cent (year-on-year) as consumers are now more concerned about safety inside their premises, a new report has said. The smart home security camera grew 7 per cent (on-quarter) in Q2 2022 (April-June period), according to latest research from Counterpoint Research. The growth was driven Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by subscribing

7 Aug 2022 2:23 pm
Climate change making prediction difficult for weather agencies across world: IMD DG

New Delhi: Climate change has hampered the ability of the forecasting agencies to accurately predict severe events and weather bureaus across the world are focusing on augmenting the observational network density and the weather prediction modelling to improve predictability, India Meteorological Department (IMD) Director General Mrutyunjay Mohapatra has said. He also said that though the Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stor

7 Aug 2022 12:07 pm
Worlds first synthetic embryo: why this research is more important than you think

Melbourne: In whats reported as a world-first achievement, biologists have grown mouse embryo models in the lab without the need for fertilised eggs, embryos, or even a mouse using only stem cells and a special incubator. This achievement, published in the journal Cell by a team led by researchers from the Weizmann Institute of Science Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by subscribing to our chann

7 Aug 2022 11:19 am
SBI Q1 net drops 6.7 pc to Rs 6,068 cr on MTM losses

Mumbai: The countrys largest lender State Bank of India (SBI) on Saturday reported a 6.70 per cent drop in its standalone profit after tax at Rs 6,068 crore for the quarter ended June on account of mark-to-market (MTM) losses. The lender had reported a profit after tax (PAT) of Rs 6,504 crore on a standalone Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by subscribing to our channels. You can also download o

6 Aug 2022 8:01 pm
Wheat prices record spike, touch Rs 2,500 per quintal mark in Delhi mandis

New Delhi: Wheat prices have seen a significant rise to cross a record Rs 2,500 per quintal due to slower supplies and robust demand. According to traders in Delhi, the heat wave led to lower production of wheat this year, impacting the domestic supplies of the agricultural produce. Jai Prakash Jindal of Delhi Lawrence Road Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by subscribing to our channels. You can

6 Aug 2022 7:33 pm
Alibaba lays off nearly 10K employees amid poor sales

Beijing: Chinese tech conglomerate Alibaba has bid goodbye to nearly 10,000 employees in an effort to cut expenses amid sluggish sales and slowing economy in the country, the media reported on Saturday. According to South China Morning Post, more than 9,241 employees left Hangzhou-based Alibaba during the June quarter, as the company trimmed its overall Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by subscr

6 Aug 2022 5:47 pm
Instagram now to soon test ultra tall photos

San Francisco: In a bid to match its full-screen reels, Meta-owned photo and video-sharing platform Instagram has confirmed that it will soon begin testing new ultra-tall photos. According to The Verge, the company will introduce support for slimmer, taller 9:16 screen ratio photos to help them fill the entire screen as users scroll through the Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by subscribing to

6 Aug 2022 4:28 pm
Nikon, Panasonic suspend low-end compact digital camera production

Tokyo: Japanese camera players Nikon and Panasonic have suspended the production of low-end compact digital cameras and will now focus on costlier mirrorless cameras going forward, the media reported on Saturday, as smartphones become more camera-centric. Nikon has suspended development of new compact models in its Coolpix line, report Nikkei Asia. Nikon now offers just Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & T

6 Aug 2022 2:20 pm
Saudi Arabia: Oil raises budget surplus by 21 billion dollars in 3 months

Riyadh: The Kingdom of Saudi Arabia (KSA) recorded a budget surplus during the second quarter of 2022, amounting to 77.909 billion riyals ($20,734 billion) due to the rise in crude oil prices. The surplus in the second quarter is 35 percent higher than the first three months of the year, reaching 135 billion riyals in Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by subscribing to our channels. You can also

6 Aug 2022 12:49 pm
AP seeks to attract USD 4 billion investment in EV segment

Amaravati: Andhra Pradesh is seeking to position itself as the lighthouse state and attract investments to the tune of USD 4 billion in the electric vehicles segment over the next few years. As a first step in this direction, the state government on Friday conducted a day-long CEO-Ministerial Dialogue to frame a requisite policy by Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by subscribing to our channels.

5 Aug 2022 10:11 pm
Twitter expands Location Spotlight tool to all businesses globally

New Delhi: Twitter has made a new feature available for all businesses globally to display their location address, hours of operation and additional contact details on their profiles on the platform. Earlier, the Location Spotlight feature was available to users in the US, the UK, Canada and Australia. In addition, Twitter is also offering a Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by subscribing to our

5 Aug 2022 1:48 pm