Technology News
B. Riley Discloses Reporting Weaknesses Amid Auditor Transition
B. Riley Financial Inc., whose investors are still awaiting last year’s audited results, said the report will cite 10 weaknesses in its controls ranging from technology to how it valued investments.
New FAA program will let eVTOL startups test some operations before full certification | TechCrunch
It's a major change that paves the way for electric air taxi startups to perform more robust demonstrations of their technology before they begin any commercial flights.
Microsoft CEO Satya Nadella-backed Groww to file for $800 million IPO
Groww’s parent, Billionbrains Garage Ventures, plans to file for a $650–800 million IPO in Mumbai, aiming at an $8 billion valuation, backed by Satya Nadella. If successful, Groww will surpass Angel One as India’s most valuable brokerage.
Amazon, Google probed by FTC over search advertising practices
The US Federal Trade Commission is investigating Amazon and Google for potentially misleading advertisers regarding ad terms and pricing. The FTC is scrutinizing Amazon's auction practices, specifically reserve pricing disclosures, and Google's internal prici…
Cases of cyberfraud on the rise in Davanagere
Davanagere has witnessed a surge in cybercrime, with 70 cases reported in seven months, even after establishing a dedicated CEN police station. Fraudsters are exploiting 5G technology to target high-profile individuals with stock market investment scams. Vict…
EU says it accepts Microsoft's commitments to address competition concerns over Teams platform
EU regulators had preliminarily found during an investigation opened in 2023 that Microsoft had granted Teams an undue competitive advantage and restricted competition in the cloud-based communication and collaboration products due to bundling its productivit…
Tech-tonic shifts in the FMCG sector: How technology meets consumer needs
This brand’s path has a tale to tell. As consumer palates evolve, so has what technology enables. AI has let FMCG companies shift from information platforms to predictive ones, even as the use of data aids how they spot and fulfil consumer needs.
Airfloa Rail Technology IPO Day 2: GMP at 118%. Check Key Details
Airfloa Rail Technology SME IPO sees robust investor demand on Day 2, with grey market premium surging to 118%. Retail investors led subscriptions at 34x, while QIB participation remains muted. IPO aims to raise Rs 91 crore, funding expansion, debt repayment,…
Apple Watch hypertension feature wins FDA nod, rollout next week: Report
The company unveiled a blood pressure monitor in its latest Apple Watch at the September 9 event, where it also introduced a refreshed iPhone lineup, including a slimmer iPhone Air. The feature, pending regulatory approval, will not detect every case of high …