Tech & Internet
Fab news: German, US companies eye India OSAT opportunity
Last week, Infineon’s Asia-Pacific arm signed a deal with Mohali-based CDIL Semiconductors to supply bare semiconductor wafers. CDIL will process these wafers to assemble and package power chipsets which "could also be viewed as a move towards (setting up an OSAT in India)" said a person aware of the matter.
JPMorgan engineers' efficiency jumps as much as 20% from using coding assistant
The efficiency gains from the coding assistant will also allow JPMorgan's Indian centres to devote more time to high-value projects focusing on artificial intelligence and data, said Lori Beer, global chief information officer, JPMorgan Chase.
Government seeks 5% UPI market share for Bhim by 2028
The NPCI-backed payment application currently has a market share of around 0.2%. The government is working on boosting Bhim’s tech backend to support 10,000 transactions per second by September 2025, up from 5,000 in January 2025.
Meta to start testing crowd-sourced fact checking, based on Musk's X example, next week
Meta will test its crowd-sourced fact-checking program, Community Notes, starting March 18, replacing traditional fact-checks. Unlike before, posts won’t be penalized, and global expansion is planned.
Transforming India
ISRO masters docking, undocking; paves way for future missions
With this, India becomes the fourth country after the US, Russia and China to master the satellite docking and undocking process. This technology is vital for the transfer of electric power in applications such as in-space robotics, spacecraft control, and payload operations.
Intel shares surged 10%, as investors cheer appointment of new CEO Tan
Tan will be tasked with reviving the company's fortunes after it missed out on the artificial intelligence-driven semiconductor boom while plowing billions of dollars into building out its chip-making business.
Microsoft to train 2 lakh youth in Andhra on AI, advanced skills: IT minister
Andhra Pradesh IT Minister Nara Lokesh announced a partnership with Microsoft to train two lakh youth in AI and advanced skills, enhancing employability and positioning the state as a talent hub.
Snapdeal founders Kunal Bahl and Rohit Bansal increase stake in Unicommerce Esolutions
According to filings with the BSE, Kunal Bahl and Rohit Bansal have bought a total of 93,500 shares in the software company Unicommerce Esolutions for approximately Rs 99 lakh. As a result of this purchase, Bahl and Bansal now own a combined 10.85% stake in the company, both directly and through their controlled entities, the company confirmed.
Cryptoverse: Bitcoin's bear market hits newcomers hardest
Just weeks after hitting a six-figure all-time high, Bitcoin is now trading at around $80,000, down nearly a quarter from its January peak. At least 20 million new bitcoin addresses - about 1.5% of all bitcoin addresses in existence - have been created in the past three months, according to crypto data and analytics firm Glassnode.
PhonePe's homegrown Indus Appstore to be available on all Xiaomi India handsets
Through this partnership, Indus Appstore will be integrated in all new Xiaomi smartphones in India and will replace the GetApps store on existing handsets.
