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Rediff's Wave Rider Retires!

After steering the Rediff mothership for close to 29 years, Ajit Balakrishnan, founder, chairman and CEO, did what few businessmen in this country do -- R-E-T-I-R-E. On August 2, 2024, we were......

Twist in OpenAI saga, Sam Altman to return as CEO

OpenAI on Wednesday said it has in-principal reached an agreement to bring back just-ousted CEO Sam Altman into its fold again. IMAGE: Sam Altman. Photograph: @sama/X The artificial intelligence......

ChatGPT-maker fires CEO Sam Altman, co-founder quits

In a surprising move, Sam Altman, CEO and co-founder of OpenAI, the organisation behind ChatGPT, has been sacked from the artificial intelligence company. IMAGE: Sam Altman, CEO of OpenAI, attends......

Microsoft makes $250,000 grant to IIIT

Microsoft Corporation India has made a $250,000 grant to the Hyderabad-based International Institute of Information Technology (IIIT) for research initiatives.This grant will be used to set up a......

'Proud to be your partner': US hails India on Chandrayaan-3

American politicians, newspapers and space research institutions hailed India Wednesday on the successful moon landing of Chandrayaan-3 as the country entered the elite club of three other nations......

Only 10 banks had minor disruptions: RBI on outage

The Indian financial and payments systems remained largely unaffected by the Microsoft services outage, though about 10 banks and NBFCs faced minor disruptions which have either been resolved or......

Beneficial ownership norms in focus as MNCs face scrutiny

The latest ruling by the Registrar of Companies (RoC) in the LinkedIn Technology Information case for violating significant beneficial ownership (SBO) norms has brought the amended rules into the......

Microsoft invests $5 mn in OYO

Tech giant Microsoft Corporation has invested nearly $5 million (about Rs 37 crore) in OYO through the issuance of equity shares and compulsory convertible cumulative preference shares on a private......

'Naked PCs' lay bare Microsoft's emerging markets problem

On a trip to Beijing a decade ago, Bill Gates was asked by a senior government official how much money Microsoft Corporation made in China. The official asked the interpreter to double check Gates'......

Ex-Microsoft CEO Ballmer to buy NBA's LA Clippers for $2 bn

Former Microsoft Corporation chief executive officer Steve Ballmer won the bidding war for the NBA's Los Angeles Clippers franchise with a $2 billion offer, a record for a professional basketball......

Ronaldo loses blue tick on Twitter, LeBron James remains

IMAGE: Cristiano Ronaldo does not have a verified account on Twitter anymore. Photograph: Ahmed Yosri/Reuters Twitter on Thursday began removing legacy blue checkmarks from user profiles, with......

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