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One Thing Today in Tech

One Thing Today in Tech

Every week day, Forbes India"s Hari Arakali, Editor - Tech & Innovation, brings you his take on one piece of tech news that caught his attention, covering everything from big tech to India"s growing tech startup ecosystem.

technology

All Episodes

00:24:48

Infosys at 40: ‘No Plan B,’ but the 3Rs, being in the...

One Thing Today in Tech ·

2022/12/15

Infosys turned 40 this year, and the journey has seen many firsts for India—from listing in the US to the distribution of wealth across the rank and file of the enterprise. The story of the company, widely seen as the bellwether of India’s IT services industry, includes chapters in which the founders came back from retirement—not once, but twice. In this extended edition of the tech brief, we bring you excerpts of comments from chairman Nandan Nilekani and founder NR Narayana Murthy—looking back and

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00:06:17

TCS faces US class action over alleged...

One Thing Today in Tech ·

2022/12/13

Tata Consultancy Services, India's biggest IT services company, is facing a class-action lawsuit in the US, the company’s biggest market. TCS has been sued by Shawn Katz, a former employee, who alleges that the IT giant discriminates against non-South Asian and non-Indian applicants and employees, Money Control reports. Also in this episode, Vivo’s latest Switch Off report shows smartphone addiction is hurting marriages, and NotCo, backed by Jeff Bezos, has raised $70 million in series D1 funding,

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00:05:32

Google joins Apple in passkey push; Air India in...

One Thing Today in Tech ·

2022/12/12

Google, last week, followed Apple, in releasing its version of what’s called a passkey, which if widely adopted could take us closer to a passwordless future. Air India is close to placing historic orders for as many as 500 jetliners worth tens of billions of dollars from both Airbus and Boeing, Reuters reported yesterday, citing industry sources. Also in this episode, opposition to Blackrock’s ESG investments in the US is spotlighting the travails of climate finance. Notes: Google, last week,

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00:04:59

Einride raises $500 mln to boost electric freight...

One Thing Today in Tech ·

2022/12/08

Einride, a freight mobility technology company, said yesterday it has raised $500 million in financing, comprising $200 million in Series C equity investment and a $300 million debt facility. Blume Ventures has announced the close of its Fund IV at more than $250 million, bringing its assets under management to more than $600 million. Apple has delayed the launch of its EV, and separately, is being sued over AirTags. And Microsoft offers a 10-year deal to bring Call of Duty to

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00:06:27

Sorrento gets US FDA nod for mRNA Covid-19 vaccine...

One Thing Today in Tech ·

2022/12/07

Sorrento Therapeutics has received clearance from the US FDA to initiate clinical trials with its new mRNA vaccine against Omicron variants of the Coronavirus. One Peak, an investor in growth-stage B2B software companies in Europe and Israel, has closed its latest fund at $1 billion, Private Equity Wire reported yesterday. Israeli AI inference chip venture NeuReality has raised $35 million in series A funding. Apple added 700 new price points to the App Store. And Amazon may be close to launching

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00:04:11

Apple may bring iPad assembly to India; Microsoft...

One Thing Today in Tech ·

2022/12/06

Apple may bring some of its iPad production to India from China if talks with the Indian government are successful, CNBC reported yesterday, citing two sources close to the government. Microsoft has hiked prices in India by up to 11 percent to match prevailing dollar-based pricing in Asia, the company said in a post. And nutritional supplements seller HealthKart has raised more money in a funding round led by Singapore’s Temasek, TechCrunch reports. Notes: Apple may bring some of its iPad production

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00:04:32

DoT tells telcos to keep 5G away from airports –...

One Thing Today in Tech ·

2022/12/02

India’s Department of Telecommunications has told the country’s top telcos to stop setting up 5G networks close to airports, over concerns that they could interfere with airplane instruments, Press Trust of India reports. India’s EV scooter sales continue to grow as established players raise their game. And in agri tech, DeHaat, one of the biggest startups in the sector, has raised series E funding from Temasek, Sofina and existing investors. Notes Apple has rolled out an incremental update to its

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00:04:35

Google faces $25 bln claims; Tata may buy Wistron...

One Thing Today in Tech ·

2022/12/01

Google will face damages claims for up to 25 billion euros ($25.4 billion) over its digital advertising practices in two lawsuits to be filed in British and Dutch courts in the coming weeks by a law firm on behalf of publishers, Reuters reports. Tata Group is looking to buy a facility in Bangalore, from Apple contract manufacturer Wistron, Economic Times reports. And San Francisco’s board of supervisors voted in an 8-3 majority in favour of a proposal to allow the city’s police to use robots to

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00:04:46

India’s e-rupee pilot to begin from tomorrow; RBI...

One Thing Today in Tech ·

2022/11/30

India will conduct the first pilot of the e-rupee for retail digital currency on December 1, Reserve Bank of India, the country’s central bank said yesterday in a statement. Meanwhile, the central bank has rejected the NBFC licence applications of some well-known fintech startups, The Hindu Businessline reports. And Vikram Kirloskar, the well-known industrialist, widely seen as being responsible for bringing Toyota to India, died yesterday, reportedly of a heart attack. He was 64. Notes: India will

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00:06:21

AWS pledges to go water positive by 2030; iPhone...

One Thing Today in Tech ·

2022/11/29

Amazon Web Services at its annual re:Invent conference, which began yesterday, said it will be water positive by 2030, returning more water to communities than it uses in its direct operations, according to a press release. Table Space, a co-working space provider, has raised $300 million in fresh funding, Economic Times reports. And the high-end versions of next year’s iPhones may not have physical buttons and use haptic tech, according to some of the latest rumours. Notes: Amazon Web Services at

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00:05:07

Dhruva, Pixxel, send satellites to space; Paytm asked...

One Thing Today in Tech ·

2022/11/28

The Reserve Bank of India has asked Paytm Payments Services Limited to resubmit the application to operate a payments aggregator business, barring it from adding online merchants while the approvals remain pending, Mint reports. Satellite ventures in India step up their efforts in India. Pixxel in Bengaluru and Dhruva in Hyderabad together sent three more satellites on an ISRO rocket last week, adding capabilities from amateur radio to hyperspectral earth imaging for climate change

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00:04:22

Amazon Academy to wind down; Ultraviolette launches...

One Thing Today in Tech ·

2022/11/25

Amazon will be shutting down Amazon Academy, an online learning platform it launched in India for high-school students last year, TechCrunch reports. Ultraviolette Automotive, an EV technologies company, yesterday announced the commercial launch of its first product, a high-performance motorcycle called F77, starting at an ex-showroom price of Rs. 3.8 lakh. And Transition VC plans to raise Rs. 400 crore for its first fund. Notes: Amazon will be shutting down Amazon Academy, an online learning

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00:04:37

AWS opens Apac region in Hyderabad; UK to investigate...

One Thing Today in Tech ·

2022/11/23

Amazon Web Services yesterday announced the launch of its second Indian data centre facility in Hyderabad, called the AWS Asia Pacific (Hyderabad) Region. The first was opened in Mumbai in 2016. Britain’s top competition authority will launch an investigation into the Apple-Google duopoly in the web browser market after many developers and businesses in the country complained of harmful restrictions imposed by the tech giants. And SaaS broadcast tech provider Amagi has acquired Streamwise, a company

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00:06:18

HCL Tech launches climate change learning for...

One Thing Today in Tech ·

2022/11/22

India has released a framework to curb fake and misleading reviews on ecommerce platforms and portals offering tour and travel services, restaurants, eateries and consumer durables, TechCrunch reports. HCL Technologies is launching a climate change course to get its 220,000-strong workforce to reduce its carbon footprint. And hyperspectral imaging satellites company Pixxel plans to send its next satellite up on an ISRO PSLV later this week. Notes: India has released a framework to curb fake and

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00:04:56

India releases data protection bill for feedback;...

One Thing Today in Tech ·

2022/11/21

India’s Ministry of Electronics and Information Technology has released a draft bill, titled ‘The Digital Personal Data Protection Bill 2022’ for public feedback. The last date to provide feedback, via the ministry’s website, is Dec. 17. This brings India a step closer to formulating rules that will govern the individual rights of the ‘digital citizen’ and the need to process data for lawful purposes. And deep tech startups in the country need much more money at various levels to thrive, Debjani

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00:05:53

India rises in climate performance rankings; Meta...

One Thing Today in Tech ·

2022/11/18

India ranked eighth on the annual climate change performance index, jumping two positions since last year, Carbon Copy reports. India is among the high-performing countries in the index, preceded by Denmark, Sweden, Chile, and Morocco, while the first three positions for “very high” performance remained empty, according to the report. And Meta Platforms is appointing Sandhya Devanathan – with 22 years in the industry with multinational experience from finance to gaming – as the Vice President of

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00:04:47

Tatas to employ 60,000 at iPhone plant; SoftBank to...

One Thing Today in Tech ·

2022/11/17

Tata group’s iPhone components factory in Hosur, near Bengaluru, is set to employ 60,000 workers, with a large proportion being women, Press Trust of India reports, citing Telecom and IT Minister Ashwini Vaishnaw. SoftBank Group is set to sell part of its 12.9 percent stake in Paytm in a transaction that will fetch the Japanese telecom and internet investor at least $200 million, Mint reports. And Microsoft and NVIDIA have teamed up to build a supercomputer to train AI models. Notes: The biggest

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00:05:24

TCS to add airline digital centre in Portugal; Google...

One Thing Today in Tech ·

2022/11/16

Tata Consultancy Services has won a contract from TAP Air Portugal to modernise the airline’s IT systems and business processes to improve customer experience, as part of which it will establish a digital centre for innovation that will eventually serve other airlines in the region as well. Google has added UPI Autopay as a payments option for subscriptions on its Play app store. And content management system provider ContentStack nearly doubles its funding. Notes: Google has added Unified Payments

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00:05:28

Amazon to layoff 10,000 staff – report; Adani a step...

One Thing Today in Tech ·

2022/11/15

Amazon plans to lay off approximately 10,000 people in corporate and technology jobs starting as early as this week, in what would be the largest job cut in the company’s history, New York Times reports, citing people who know about the plan. Billionaire Gautam Adani’s conglomerate has received the go-ahead for an open offer for broadcaster NDTV’s shares. And LTI and Mindtree became LTIMindtree, India’s fifth biggest IT company by market cap, yesterday. Notes: Amazon plans to lay off approximately

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00:04:40

India’s IT Minister to crypto startups: ‘Innovate but...

One Thing Today in Tech ·

2022/11/14

Crypto startups in India are not barred from any innovation but must adhere to the country’s laws on foreign exchange, IT Minister Rajeev Chandrasekhar told Inc42 in an interview, according to a report from the startup news and analysis site. And SaaS action continues in India, with Lentra raising $60 million in Series B funding that includes Citi Ventures’s first investment in an Indian fintech company, valuing the Mumbai startup developing AI-based embedded finance solutions at more than $400

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474 results

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