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Subscribe to enjoy similar stories. Semiconductor chip manufacturer Polymatech Electronics will spend close to $300 million in closing two acquisitions within the next few months in the US and France as it expands its presence globally. Polymatech Electronics founder Eswara Rao Nandam told Mint that the acquisitions will be funded through a mix of internal accruals and external investments from potential equity investors.

Mark Gurman, Apple Intelligence – the company’s AI suite – is not likely to integrate ChatGPT when it rolls out globally in December. Notably, Gurman speculates that Apple’s delay in incorporating Gemini into its AI ecosystem could be intentional, allowing OpenAI an exclusive operational window.According to the media reports, this development follows earlier announcements at Apple’s Worldwide Developers Conference (WWDC) 2024, where Craig Federighi, Apple’s Senior Vice President of Software Engineering, teased the possibility of Apple Intelligence integrating with other AI models, including Gemini.

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Boeing has delivered layoff notices to more than 400 members of its professional aerospace labor union, part of thousands of cuts planned as the company struggles to recover from financial and regulatory trouble as well as an eight-week strike by its m...

McDonald’s is investing $100 million to bring customers back to stores after an outbreak of E

Donald Trump's most controversial cabinet picks just became even more so: Pete Hegseth, tapped for defense secretary earlier this week, was accused of sexual assault in 2017, according to police. No charges were filed in the case, but shocked Trump transition team officials are nonetheless reportedly weighing next steps for the Fox News host, whose nomination took many in Washington by surprise. President-elect Trump nominated the 44-year-old National Guard veteran on Tuesday to run the world's most powerful military, despite having never managed a large organization.

Donald Trump announced Friday that Steven Cheung will serve as his White House communications director and Sergio Gor will run the personnel office. Both have been advisers to the president-elect since his 2016 campaign, Trump said. Both positions could be influential in the new administration, helping to develop its public messaging and internal workforce. Cheung led communications for Trump's latest campaign, where he gained a reputation for combative and insulting attacks on the Republican's opponents. A native of Sacramento, California, he worked in Republican politics and for the Ultimate Fighting Championship before joining Trump's team in 2016. Gor ran Winning Team Publishing, which he started with Donald Trump Jr. The company has published books by Trump and his allies. Gor also led the super PAC Right for America.

A federal judge said Kraft Heinz KHC.O must face a proposed nationwide class action alleging that it defrauded consumers by claiming its Kraft macaroni and cheese, one of its best-known products, contains no artificial preservatives.

Will Smith and Jada Pinkett Smith were photographed together for the first time in six months during a dinner outing at Crossroads Kitchen in Calabasas, California, reported Page Six. The couple, Will Smith and Jada Pinkett Smith who have been separated since the year 2016 actually appeared pretty affectionate as they left the restaurant while Jada Pinkett Smith was wearing a brown Gucci bomber jacket and Will Smith was spotted in a casual gray ensemble. According to Page Six, this recent outing of Will Smith and Jada Pinkett Smith actually marks their first public appearance since the month of May, when they attended the premiere of ‘Bad Boys: Ride or Die’ with their children. Also Read: Is Donald Trump's inner circle feeling left out because of his close relationship with Elon Musk? Sources say Melania is a fan of Tesla CEO

Donald Trump to the White House could have significant implications for over 1,500 individuals charged with crimes related to the Jan. 6, 2021, Capitol riots. On the campaign trail, Trump frequently referred to those convicted as «political prisoners» and promised to pardon them if reelected. Now, with his victory, questions loom about whether these promises signal a shift in accountability for the events of that day.

Eva Longoria, an actress, acknowledged that she and her family left the dystopian United States for a better life in Mexico and Spain, escaping the homelessness and exorbitant taxes of California, as quoted in a report by The New York Post. Longoria shared that this is where she spent her entire adult life. However, things were shifting even before the pandemic. It had a different vibe. The COVID-19 pandemic then pushed it over the edge. Whether it's the taxes or the homelessness, she doesn't want to criticise California; it just feels like this phase of her life is over. The 49-year-old Desperate Housewives star countered that Donald Trump's victory was another reason to leave, even though the homelessness and taxes occurred in California during the Democratic administration.

Uber claims to have over 1 million monthly active drivers in India, and the newly introduced features aim to improve their daily experience while making driving more rewarding and fulfilling.Also Read | India mobility opportunity massive, underpenetrated; have barely scratched surface: UberUber is now providing drivers with the ability to record audio if they feel "uncomfortable or concerned about their safety" during trips. The good news is that these recordings are not accessible to the drivers, and Uber states they will only be opened if the driver submits them as part of a safety report.We have reached out to Uber for further clarity on how rider data is handled during this process.

Roger Penske has added the most prestigious street race in North America to his portfolio with the purchase of the Grand Prix of Long Beach

Disney’s fourth-quarter adjusted profit beat Wall Street’s expectations, bolstered by strong results from its streaming service and box office success with “Inside Out 2” and “Deadpool & Wolverine.”

The Supreme Court seems likely to keep alive a class-action lawsuit accusing Nvidia of misleading investors about its dependence on selling computer chips for the mining of volatile cryptocurrency

This week IT engineering services provider L&T Tech Services signed an agreement to acquire California-based Intelliswift for a total consideration of $110 million. Amit Chadha, the company’s chief executive and managing director, told ET that the firm plans to double the revenue of the acquired company (whose annual revenue is about $100 million) in the next three years. While half of Intelliswift’s revenue comes from high tech, the rest comes from fintech and retail, along with the private equity channel. Persistent Systems in September said it was acquiring select assets from SoHo Dragon for $4.7 million. SoHo Dragon is a Wall Street-based consulting and staffing firm primarily in the business of providing IT services to BFSI customers. The Pune based firm said at the time, “The acquisition of the select assets will help in consolidating the relationship with a strategic and large customer in the BFSI domain.”

Subscribe to enjoy similar stories. In August, a small team of Volkswagen executives and engineers flew from Germany to Palo Alto, Calif., to take a top-secret vehicle for a spin. Originally built as an electric Audi, the vehicle had been shipped to the U.S.

Meta Platforms plans to offer Instagram and Facebook users in Europe the option to receive «less personalised ads,» the tech giant announced on Tuesday, in an effort to allay regulators' mounting concerns. The Menlo Park, California-based company said it is implementing these changes in response to demands from EU regulators. Over the coming weeks, people in the EU who use the company's social media platforms for free with ads, will be able to choose to see ads based on what Meta calls «context»- content that a user sees during a particular session on the platforms.

Waymo on Tuesday opened its robotaxi service to anyone who wants a ride around Los Angeles, marking another milestone in the evolution of self-driving car technology since the company began as a secret project at Google 15 years ago

23andMe is laying off 40% of its workforce, or more than 200 employees, and discontinuing its therapeutics division as the struggling genetic testing company attempts to slash costs

Apple was notified by the European Union that its geo-blocking practices are potentially in breach of consumer protection rules, adding to the iPhone maker's regulatory issues in the bloc. Apple's App Store, iTunes Store and other media services unlawfully discriminate against European customers based on their place of residence, according to a European Commission statement on Tuesday.