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Black Friday generates record $9.8 bn in US online sales

Nov 26, 2023

San Francisco, Nov 26 (IANS) Black Friday generated a record $9.8 billion in US online sales, up 7.5 per cent from a year ago.According to Adobe Analytics, mobile shopping accounted for $5.3 billion of online sales.The best-selling categories on Black Friday were electronics such as smartwatches and televisions, as well as toys and gaming, reports…

Musk’s brain implant startup Neuralink raises additional $43 mn

Nov 26, 2023

San Francisco, Nov 26 (IANS) Elon Musk-owned brain-computer interface company Neuralink has raised an additional $43 million in venture capital, according to a filing with the US Securities and Exchange Commission (SEC).The filing showed…

Business

Housing out of reach for middle-class Americans as mortgages skyrocket

Nov 26, 2023

New York, Nov 25 (IANS) The housing market has gone out of reach for some American middle-class people across the nation, especially in the urban areas such as New Jersey and New York City, as mortgage rates have skyrocketed this year as…

Business

Amid unprecedented power shortage in Kashmir, authorities tighten noose on ‘erring…

Nov 26, 2023

Srinagar, Nov 25 (IANS) Faced with their failure to provide electric power as per the announced schedule, authorities in Kashmir started tightening noose around "erring consumers" on Saturday. The Kashmir Power Distribution Corporation Ltd…

Business

2 crypto firms linked to Justin Sun lose $115 mn after hack: Report

Nov 25, 2023

San Francisco, Nov 25 (IANS) Two cryptocurrency firms associated with high-profile digital entrepreneur Justin Sun were hacked in two exploits that might have stolen up to $115 million to date, the media reported.The targeted platforms…

Business

AIBEA defers two strike calls, retains all India call for 19-20 January 2024

Nov 25, 2023

Chennai, Nov 25 (IANS) The All India Bank Employees' Association (AIBEA) on Saturday said it has deferred its bank wise and state wise strike call given earlier demanding adequate recruitments by the banks.According to AIBEA's General…

Business

Of the takeover of hospitals & hotels by TN hospital groups

Nov 25, 2023

Chennai, Nov 25 (IANS) The healthcare sector in Tamil Nadu is seeing a state of consolidation and expansion with major home grown groups on an acquisition spree. And for the owners of hospitals and hotels that are not doing well…

Business

Govt makes phased blending of compressed bio-gas with CNG, PNG mandatory

Nov 25, 2023

New Delhi, Nov 25 (IANS) The National Biofuels Coordination Committee chaired by the Union Petroleum Minister has announced the introduction of phase-wise mandatory blending of Compressed Bio-Gas (CBG) in CNG (transport) and PNG (domestic…

Business

Liberal media more negative towards AI than conservative media: Study

Nov 25, 2023

New York, Nov 25 (IANS) Articles from liberal-leaning media have a more negative sentiment toward AI than articles from conservative media, new research has found.In other words, liberal-leaning media tend to be more opposed to AI than…

Business

HSBC apologies for outage in UK during Black Friday sale

Nov 25, 2023

London, Nov 25 (IANS) Banking services giant HSBC has apologised after thousands of customers in the UK were unable to access mobile and online banking for hours during an outage on Black Friday.HSBC customers were unable to pay bills or…

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