According to CoinDesk Research’s technical analysis data model, bitcoin BTC$101,332.94 pulled back from recent peaks Tuesday, sliding from $103,413 to $101,775 as the world’s largest cryptocurrency consolidated below key $102,000 resistance. The 1.24% decline unfolded on tepid volume just 2.11% above seven-day averages, signaling cautious market participation despite proximity to the critical $100,000 psychological support…
NEW DELHI: Tata Group has joined hands with General Electric Ventures, Microsoft Ventures and others to set up a new technology incubator in Israel. “With the first closing of USD 20 million, the incubator called i3 Equity Partners (i3) will focus on developing next-generation IoT (Internet of Things) and IIoT (Industrial Internet of Things)…
BJP MP Aparajita Sarangi (File photo) Most parties refused to join panelNEW DELHI: Lok Sabha Speaker Om Birla on Wednesday constituted a parliamentary committee to scrutinise three bills seeking removal of PM, CMs and ministers if they are under arrest for 30 consecutive days on serious criminal charges, with only three opposition members being part…
MUMBAI: Anil Ambani promoted Reliance Group on Tuesday announced a strategic partnership with Cisco Jasper for the launch of its new venture ‘UNLIMIT’ to provide Internet of Things (IoT) services to enterprise customers across India. “The outlook for IoT services in India is virtually UNLIMITed, with the number of connected devices projected to rise from 200 million today to around…
PUNE: For the first time, the smartphone market in India crossed the 30 million unit shipments milestone in the third quarter of this year, the International Data Corp (IDC) reported on Tuesday. According to IDC’s Quarterly Mobile Phone Tracker, smartphone shipments clocked 32.3 million units in Q3 2016 with 17.5 pct growth over…
SAN FRANCISCO: In a move to “democratise” artificial intelligence (AI) and making it accessible to everyone, Microsoft has teamed up with OpenAI, a non-profit AI research organisation co-founded by Elon Musk. OpenAI is the $1 billion project co-founded by Tesla CEO Musk, US-based startup incubator “Y Combinator” President Sam Altman and others. …
NEW DELHI: Signalling a clear reversal of the earlier continuous decline in Indian exports, official data on Tuesday showed these grew for the second month in a row at $23.51 billion in October on the back of a good showing by the jewellery and engineering sectors. Exports thus registered a healthy 9.59 pct growth…
NEW DELHI: In a boost to Prime Minister Narendra Modis ‘Make in India’ initiative, automaker Ford has decided to export to the U.S. its Ecosport SUVs manufactured at its plantsin Chennai. Ecosport is one of the most popular subcompact SUVs around the globe. Its new version was unveiled at the Los Angeles Auto Show on Monday. USA…
MUMBAI: Vodafone Business Services (VBS), the enterprise arm of Vodafone India, on Thursday announced it has tied up with Google Cloud to offer G Suite to bring people together and help them work smarter. The “G Suite” has a set of intelligent apps — Gmail, Docs, Drive, Calendar, Hangouts designed with real-time collaboration and machine…
Fed Governor Stephen Miran on Friday suggested that surging demand for dollar-denominated stablecoins could help push U.S. interest rates lower. In a speech delivered for an audience of economists in New York, the central bank official and appointee of President Donald Trump said the flood of crypto tokens pegged to the dollar could tamp down…
