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Jaynti Kanani, the co-founder of Polygon, announced that he has stepped back “from the day-to-day grind” on the project for the first time in six years.

The Pixel 8 Pro matches the iPhone 15 Pro at $999, while the Pixel 8 costs the same as the iPhone 14 at $699. The new prices reflect the upgraded displays and cameras used in the latest devices, which are still “punching above our weight class,” according to Google product manager Patrick Hennessey, suggesting that consumers are getting more for their money. The Pixel rollout is Google’s latest attempt to make a dent in the market. Though its Android operating system runs the majority of the world’s smartphones, the company’s own hardware accounts for just a fraction of sales.

₹$699. Google has priced the Google Pixel 8 at $699. According to HT Auto, in India, the Google Pixel 8 is priced starting at Rs.

Clear Finance Technology Corp., the lender co-founded by Canadian television personality Michele Romanow, secured a new round of funding, giving it room to mount a potential turnaround after a slowdown in the tech-startup industry battered its business.

As the trial against Sam Bankman-Fried, the disgraced former CEO of bankrupt crypto exchange FTX, begins, the complexity of the world of crypto is emerging as a significant challenge for both the prosecution and the defense.

At the World Digital Mining Summit, Core Scientific, Inc. (OTC: CORZQ), a North American leader in blockchain computing data centers and software solutions, disclosed a significant investment from Bitmain, the globally recognized manufacturer of digital currency mining servers. Bitmain's commitment amounts to $53.9 million, further cementing the bond between the two industry giants.

EJF Capital LLC, a global alternative asset management firm based in Arlington, Virginia, has successfully closed its EJF Ventures Fund LP with capital commitments amounting to approximately $104 million. The fund garnered support from both new and returning investors.

This is part of a series of interviews with the winners of The Economic Times Startup Awards 2023. Indian markets may come across as an ideal option for many software players to go public as the bar for listing in the US gets higher and investors here open up to technology-based listings, Jishnu Bhattacharjee, managing director of Nexus Venture Partners, said.

Mumbai: Private equity firm Warburg Pincus has acquired a stake in IT services firm Everise Holdings at a valuation of $1 billion, the companies said in a statement. While Everise’s majority owner Brookfield Asset Management will retain some of its stake, co-owner Everstone will exit as part of the transaction. Brookfield had previously decided to sell a majority stake in Everise, but Tuesday’s statement did not specify whether Warburg indeed acquired a majority stake.

Machine and equipment rental business Clennett Hire has ruled off a $3 million funding round to fast-track its growth plans.

Technology products and services provider CDW Corporation (NASDAQ:CDW) gained after research firm UBS initiated coverage on the stock with a Buy rating and a price target of $237. The price target implies an upside of 18%.

ASICRUN has started making a strong impact on the crypto market with the recent launch of its suite of advanced ASIC miners. The company’s new products, AR1 Miner, AR2 Miner, and EliteAR Miner come with market leading hash rates, making crypto mining more rewarding than ever before.

By Stephen Nellis

The rise of generative AI within companies often starts at the top with chief executives, making it different from other business tech booms typically led by technologists. Given the active role of CEOs, generative AI pilots stand to get ample resources, but the pressure to meet expectations creates a unique challenge, according to chief information officers, the executives who bridge business and technology leadership.

Superloop, the internet service provider founded by entrepreneur Bevan Slattery, is considering lobbing a higher bid for software group Symbio despite describing its last offer as its “best and final”.

Such practices assume importance as the information and communication technology (ICT) sector accounts for 1.8%-3.9% of global greenhouse gas emissions, and data centers take up 3% of annual energy consumption, a rise of 100% in the last decade. Sustainable computing or green computing is a practice of maximising energy efficiency and minimising the negative impacts on the environment. It involves green practices in the ways computer chips, data storage systems and software are designed and used. According to a report published by the Association for Computing Machinery, “The energy demands and carbon output of computing and the entire ICT sector must be dramatically moderated if climate change is to be slowed in time to avoid catastrophic environmental damage.” Sudhir Goel, Chief Business Officer of Acer India, says, “We have joined the global RE100 initiative, pledging to utilise 100% renewable energy by 2035.

echo a similar case brought against Microsoft in the late 1990s. Nadella said Google's dominance was due to agreements that made it the default browser on smartphones and computers. He downplayed the idea that artificial intelligence or more niche search engines like Amazon or social media sites have meaningfully changed the market in which Microsoft competes with Google.

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Meta’s CEO, Mark Zuckerberg, has revealed that he remains committed to his pursuit of leadership in the fast-paced metaverse race.

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Apple has acknowledged software-related problems as the culprit behind the overheating issues reported by users of its recently released iPhone 15 models. Complaints about the devices becoming uncomfortably hot prompted Apple to investigate and assure users that a fix is on the way.