The IT rules with respect to the regulation of online media were up for consideration before the Delhi High Court today. However, the matter has now been adjourned to August 4 by the court.

Dell Technologies and HP post their better than expected quarterly numbers warned that going forward computer chip shortage would impact the supply of laptops. Moreover, Dell CFO said the cost of procuring these chips is high, which would impact operating income in current quarter. Similarly, HP said the chip shortages would limit their supply of PCs and printers unitl the end of the year.

Salesforce raised its annual revenue forecast to between USD 25.90 billion and USD 26.00 billion, above estimates of USD 25.76 billion. The company expects full-year adjusted profit between USD 3.79 and USD 3.81 per share, beating Wall Street's expectations of USD 3.43.

Sundar Pichai said, the company respects the legislative processes, and in cases where it needs to push back, it does so. ”It’s a balance we have struck around the world."