Employees at Elon Musk's Tesla, SpaceX and X are largely donating to Kamala Harris while he is backing Donald Trump in the US Presidential elections. Tesla workers have donated $42,824 to Harris' campaign versus $24,840 to Trump's campaign, Reuters reported citing data from OpenSecrets. SpaceX and X employees have donated $34,526 and $13,213, respectively, to Harris.

Tesla, SpaceX staff donate to Harris as Musk backs Trump: Report

Groww Creditserv, the non-banking financial company owned by investment platform Groww, had built a proprietary loan book of ₹965 crore ($115 million) as of June 2024, as per a report by credit rating agency ICRA. This is a notable bump from ₹731 crore ($87 million) as of March 2024. 

Satya Nadella-backed Groww NBFC expands loan book to $115 million

Union Cabinet on Wednesday approved the establishment of a National Centre of Excellence (NCoE) for Animation, Visual Effects, Gaming, Comics and Extended Reality (AVGC-XR) which will be set up in Mumbai. "NCoE will also foster research and development and will bring together experts from fields like engineering, design that can lead to major breakthroughs in field of AVGC-XR," government said.

Cabinet clears setting up of NCoE for gaming, comics & animation

Microsoft on Tuesday warned that Russia's "cyber influence operations" have started targeting Kamala Harris' campaign in a bid to influence the US Presidential elections. The tech giant said the groups have circulated several fake videos on social media. It added that one of the videos used an on-screen actor to fabricate false claims about Harris' involvement in a hit-and-run accident.


Russians made fake video accusing Harris of hit-and-run: Microsoft

Google won a legal challenge on Wednesday against a €1.49 billion ($1.66 billion) fine imposed on it by the European Commission in 2019. The EU body had accused Google of abusing its dominance in the online search advertising market with its AdSense platform. The EU's General Court upheld most of the findings but annulled the fine.

Google wins legal battle against $1.6 billion EU antitrust fine

Udemy, a US-based edtech firm will reportedly reduce around 20% of its workforce, around 280 employees in its latest round of job cuts. The Udemy layoffs will be announced due to company's restructuring plan which could likely cost the between $16 million and $19 million. Laid of employees likely to be rehired at low cost.

Udemy laying off 20% of its workforce amid restructuring plan

Apple's iPhone 16 series introduced wireless restoration via RecoveryOS, allowing users to restore bricked or boot-looped devices without a physical connection. By using another iPhone or iPad running iOS 18, the affected device can wirelessly receive the necessary update, streamlining the recovery process.

iPhone 16 introduces wireless software restoration feature

The US White House on Tuesday condemned Brazil for banning Elon Musk's social media platform X. "When it comes to social media, we have been very clear that we think that folks should have access to social media. It is a form of freedom of speech," said Press Secretary Karine Jean-Pierre. Reacting to it, Musk said, "Unexpected, but appreciated."

White House condemns Brazil for banning X, Musk says 'Unexpected'

Cisco Systems has announced a second wave of layoffs affecting around 7% of its workforce, around 5,600 employees. The US tech giant already hinted about the upcoming Cisco layoffs round in August 2024. The job cuts are implemented to focus on AI, automation, and cloud have also affected the cybersecurity team.

Cisco begins laying off around 7% workforce, 5,600 employees 

Paramount Global laid off unspecified numbers of employees from its advertising division. The latest round of Paramount Global layoffs is initiated ahead of the company's merger with Skydance Media. The US-based media and entertainment giant already announced that it would cut nearly 2,000 jobs in the future. 