Meta Platforms has become the first mega-cap technology company to enter the US investment-grade bond market, looking to raise $7 billion in a five-part deal. The offering will be the social media giant’s second bond issue, following last year’s $10 billion offering. Meta Platforms will use the funds to finance capital expenditures, repurchase outstanding shares
Technology
A new survey from online security firm McAfee reveals that almost half of Indian adults have either experienced or know someone who has experienced an artificial intelligence (AI) voice scam. This is almost double the global average of 25%. The survey of 7,054 people across seven countries, including India, found that 47% of Indian adults
Telegram has released an update for Android and iOS devices that includes several new features and improvements. The app now has shareable chat folders that users can share with their friends and colleagues by sending them a link to join the groups and channels. Additionally, Telegram has added custom wallpapers, UI improvements, and bots to
SonyLIV and Applause Entertainment have announced their lineup of shows for 2023, featuring two new series and the return of some popular shows. The press release stated that Kafas, a social drama directed by Sahil Sangha, and a suspense thriller, 36 Days, will be added to the roster. Kafas features Sharman Joshi, Mona Singh, and
Reliance General Insurance has announced that it has become the first general insurance company in India to accept the Reserve Bank of India’s (RBI) Central Bank Digital Currency e-Rupee for premium payments. The company has partnered with Yes Bank to enable the collection of premiums through the bank’s e-Rupee platform. According to a statement, customers
According to the International Energy Agency (IEA), electric car sales are expected to surge by 35% this year to 14 million, which will make up 18% of the global passenger car market. The prices of smaller electric vehicle (EV) models are set to drop and become competitive with combustion engine cars in North America and
The chair of the Senate Intelligence Committee has requested several artificial intelligence (AI) companies prioritize security measures and combat bias while responsibly rolling out new technologies. Democratic Senator Mark Warner is concerned about the potential risks posed by AI technology and has sent letters to the CEOs of OpenAI, Scale AI, Meta Platforms, Alphabet’s Google,
Maruti Suzuki India (MSI) has announced plans to build a new manufacturing plant with a capacity of up to 10 lakh units per annum to cater to the expected increase in demand from domestic as well as export markets. The company has earmarked a capex of around Rs. 8,000 crore for the current fiscal year,
Indian Commerce and Industry Minister, Piyush Goyal, has invited retailers of all sizes to join the government-promoted Open Network for Digital Commerce (ONDC). This non-profit company aims to create an open platform for all aspects of e-commerce retail, promoting small retailers’ expansion through e-commerce and reducing the dominance of industry giants. ONDC is formulating a
Google Authenticator, the two-factor authentication app from Google, has been updated for iOS and Android devices. The latest update allows users to back up and sync their one-time passwords (OTP) to their Google account. The update provides a simple solution for users who switch to a new device or lose their primary device. The new