Eyewear retailer Lenskart on Wednesday reported a sharp jump in its net profit, which the management described as the start of a compounding phase where each additional rupee of revenue translates into a higher profit margin. On Thursday, Lenskart’s stock…
Artha Venture Fund, an early-stage venture capital firm, has led the removal of Souvik Haldar, founder and chief executive of Kolkata-based Vaadit Technologies, which operates crypto and dark web forensics platform Hornet, citing allegations of misconduct, misuse of company funds…
The largest US electric utilities are ramping up spending on new power infrastructure to meet surging demand from data centers, with companies like American Electric Power and Exelon unveiling expanded investment plans on Thursday and fielding questions about rising power…
Russia announced Thursday it had blocked WhatsApp over its alleged failure to comply with Russian legislation, days after restricting access to rival messaging service Telegram for similar reasons. It has since progressively slowed down WhatsApp and in November announced it…
Shares of Nasdaq-listed Palo Alto Networks will also trade on the Tel Aviv Stock Exchange, the cybersecurity firm said on Thursday, after it closed its $25 billion purchase of Israeli peer CyberArk Software. Following the dual listing, Palo Alto will…
The Abdul Latif Jameel Poverty Action Lab (J-PAL) at MIT has awarded funding to eight new research studies to understand how artificial intelligence innovations can be used in the fight against poverty through its new Project AI Evidence. The age…
This is today’s edition of The Download, our weekday newsletter that provides a daily dose of what’s going on in the world of technology. AI is already making online crimes easier. It could get much worse. Just as software engineers are using…
EVs are getting cheaper and more common all over the world. But the technology still faces major challenges in some markets, including many countries in Africa. Some regions across the continent still have limited grid and charging infrastructure, and those…
Anton Cherepanov is always on the lookout for something interesting. And in late August last year, he spotted just that. It was a file uploaded to VirusTotal, a site cybersecurity researchers like him use to analyze submissions for potential viruses…
MIT Technology Review’s What’s Next series looks across industries, trends, and technologies to give you a first look at the future. You can read the rest of them here. The past year has marked a turning point for Chinese AI. Since…