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Everyone has been hyping up Central Bank Digital Currency (CBDC), and rightly so. Governments worldwide are betting big on digital currencies, but here’s the reality—most of them have struggled. China’s Digital Yuan isn’t seeing real adoption, Nigeria’s eNaira flopped, and Europe is still debating the Digital Euro. So, does India stand a chance? Absolutely but with some changes. And here’s why—India already cracked the code with UPI.

If we apply the same logic and build CBDC into the existing financial ecosystem rather than competing…

The best-known member of Elon Musk’s US DOGE Service team of technologists once provided support to a cybercrime gang that bragged about trafficking in stolen data and cyberstalking an FBI agent, according to digital records reviewed by Reuters.

Edward Coristine is among the most visible members of the DOGE effort that has been given sweeping access to official networks as it attempts to radically downsize the US government.

Past reporting had focused on his youth — he is 19 — and his chosen nickname of “bigballs,” which became a pop culture…

The global semiconductor industry thrives on collaboration, specialisation, and efficiency. However, growing protectionist policies and the push for sovereign technology could hinder innovation, according to Jochen Hanebeck, CEO of Infineon Technologies.

“The semiconductor industry is a poster child of globalisation. All successful companies focus on one or two things they do better than anyone else in the world. With de-globalisation and the desire for self-sufficiency, which in my mind nobody will achieve, we risk increasing costs and slowing down…

Software major Infosys has let go of another 30-45 trainees from its Mysuru campus on March 26 after they failed to pass internal assessments, sources told Moneycontrol.

However, the Bengaluru-based company is offering alternative career path to the affected trainees, including 12 weeks of training for potential roles in Infosys Business Process Management (BPM).

The development comes two months after its move to terminate 350-odd trainees from the campus. These trainees were on-boarded after a delay of over 2.5 years.

Additionally, Infosys said it…

The government has filed its affidavit in the Karnataka HC opposing Elon Musk’s X plea challenging the government’s takedown powers. The government has slammed Musk’s X for terming the takedown powers as “censorship”.

Billionaire Elon Musk’s social media platform, X (formerly Twitter), has mounted a legal challenge against the Indian government’s powers to issue takedown orders, arguing they are unconstitutional and violate Supreme Court guidelines. The government’s affidavit was filed in response to the X’s plea.

The government…

Elon Musk said his xAI artificial intelligence startup has acquired the X platform, which he also controls, at a valuation of $33 billion, marking a surprise twist for the social network formerly known as Twitter.

“The combination values xAI at $80 billion and X at $33 billion,” the billionaire wrote Friday in a post on X. The value of X is $45 billion when including $12 billion of debt, he said, describing the purchase as an all-stock transaction.

The deal gives the new combined entity, called XAI Holdings, a value of more than $100 billion, not…

“This sounds like a question and a cross-examination of a witness in court. So, I would only say that you will have to wait and watch. You will hear about it soon,” said S Krishnan, Secretary, Ministry of Electronics and Information Technology (MeitY), when asked about the government’s proposed $3 billion (about ₹25,000 crore) Production-Linked Incentive (PLI) scheme for the electronics components industry.

CNBC-TV18 reported on Thursday that MeitY has finalised a Cabinet note for a ₹25,000 crore PLI scheme aimed at boosting domestic manufacturing…

OpenAI upgraded ChatGPT-4o with new image generation capabilities earlier this week. Dubbed “4o Image Generation”, users can now generate images within ChatGPT using GPT-4o.

This feature focuses solely on image creation and is available across ChatGPT Plus, Team, as well as to Pro users, and is slowly rolling out to the free tier. However, they are not yet available to ChatGPT Enterprise and Edu users.

OpenAI called the new tool the “most advanced image generator yet into GPT‑4o” that features a “natively multimodal model capable of precise,…

India’s electronics sector is set for a massive employment boost, with the government targeting 60 lakh jobs under the recently approved production-linked incentive (PLI) scheme for electronics components manufacturing. This marks a significant jump from the current 25 lakh jobs in the sector.

“The most important aspect of electronics manufacturing is its employment potential,” said Ashwini Vaishnaw, Minister of IT & Electronics. “We are now aiming towards 60 lakh employment potential.”

On Friday, the Union Cabinet approved the PLI scheme…