The new center will be in Bengaluru and will support the Amazon International Robotics division. Amazon introduced its first consumer robot called Astro back in 2021. E-commerce behemoth Amazon is reportedly planning to launch a ....

South Korean behemoth Samsung Electronics Co. Ltd. is reportedly looking to reduce its smartphone production by 30 million units in 2022. The apparent cut is expected to impact both medium-budget and premium-budget segments in smartphones o....

Five-year-old newsletter platform Substack has reportedly ditched its efforts to secure a Series C round. Credible sources revealed that Substack held talks with potential financiers about securing USD 75 million-USD 100 million at a valuat....

Tech giant Nvidia Corporation has issued a warning that its video game chip sales would fall in the current quarter, startling some analysts by underlining new supply-chain issues caused by China's COVID-19 lockdowns. Despite beating a....

Tesla Inc.'s shares dropped again as the electric vehicle maker is struggling to restore normalcy at its production unit in China.  When it comes to increasing production and delivery capacity around the world, Tesla has found t....

Toyota Motor Corporation is reportedly considering reducing its global production target to about 100,000 units from 850,000 vehicles announced earlier in June due to the semiconductor shortage. However, it remains confident that it can ach....

Starbucks Corporation is reportedly planning to stop its operations in Russia after nearly 15 years of having conducted business in the country. The company noted that it will exit the market as it joins McDonald's Corporation in withdr....

India’s wholesale inflation spiked up to a 17-year high while retail inflation rose to an 8-year high in April. The government is also planning to deliver a second round of fuel tax cuts if crude oil costs continue to rise. ....

Netflix Inc is reportedly expanding its subtitles, audio descriptions, and dubbing in multiple languages. Now, shows will include badges to allow users to easily view the availability of these options without further exploration. Heather....

In the wake of the recent COVID-19 wave in China and subsequent lockdowns, credible sources have claimed that the Chinese authorities along with automakers are in talks to extend the expensive subsidies for electric vehicles (EV). The mo....