Future Retail has defaulted on payment of around Rs. 5,300 crores to its lenders on account of the ongoing litigations with Amazon and other related issues. The National Company Law Tribunal (NCLT) on Wednesday ordered insolvency resolution proceedings against Future Retail and rejected the objection raised by Amazon, which is involved in a bitter legal tussle with the debt-laden company....
Motorola Razr 2022 is said to feature a 50-megapixel primary sensor. Motorola Razr 2022 was officially shown off in China recently and the launch of the device could happen soon. Ahead of the formal announcement, live images of the clamshell foldable smartphone have surfaced online suggesting its design and key specifications. The renders show the handset in a black shade...
The real-world testing of AR prototypes will help Google better understand their usage in everyday lives. Google will start testing in the real world its AR-powered glasses that offer real-time language translation from next month. The seemingly Google Glass successor that comes with a simple design is one of the several augmented reality prototypes that the Mountain View, California-based company...
Koo and the Telangana government will work on the use of Telugu to increase reach among non-English speakers in the state. Koo on Wednesday said it has signed a Memorandum of Understanding (MoU) with the Telangana government to open a development centre in the state. The multi-lingual social media platform envisions its presence in the region to grow in a...
Nothing Phone 1 launched last week on July 12 and will go on sale on July 21. Nothing Phone 1 smartphone runs on Android 12 with the Nothing OS skin on top to deliver an almost stock Android experience. It debuted a week ago on July 12 and is yet to go on sale in India. Nothing is now rolling...
The avatar will be available across Messenger, Facebook, Instagram, and VR headset Quest. Meta is upgrading its recently launched avatar store to offer new fashion looks by collaborating with digital fashion provider DressX. The DressX outfits will be available starting July 19, and users can purchase and wear them on avatars across Meta platforms, including Messenger, Facebook, Instagram, and VR...
Ather’s production volumes have also been curtailed by a chip shortage and challenges in procuring lithium-ion cells for batteries. Indian electric-scooter maker Ather Energy said a surge in raw material costs and supply chain disruptions were delaying the company’s path to profit despite high demand for its vehicles. “I was hoping to break even later this year itself. I would...
American Space Agency NASA has selected Elon Musk’s SpaceX to launch their new Nancy Grace Roman Space Telescope, from California. American Space Agency NASA has selected Elon Musk’s Space Exploration Technologies Corporation (SpaceX) to launch their new Nancy Grace Roman Space Telescope, from California which will explore dark matter and other subjects, according to a release by the agency on Wednesday. The...
Apple said its system can now store 150 different types of health data that are encrypted so that only users, not Apple, can access it. Apple on Wednesday released a report outlining a two-pronged strategy in digital health markets, courting consumers with health and fitness features on one hand while engaging with traditional healthcare systems on the other. Spearheaded by...
The service provided by Metaco will focus on security tokens or the tokenisation of assets. France-based BNP Paribas, the second largest global bank in Europe with $13 trillion (roughly Rs. 10,40,19,281 crore) in assets under custody, has become the latest banking giant to enter the crypto custody business. As per a report, the French bank is partnering up with a...
