Shares of Alibaba Group (9988.HK) and Tencent (0700.HK) experienced gains in Hong Kong on Monday as the $984 million fine imposed on Ant Group by China was interpreted as a signal that the regulatory crackdown on the country’s technology sector may be coming to an end. Following the penalty announcement on Friday, Ant Group, an …
Alibaba and Tencent Shares Surge on Optimism for End of China Tech Crackdown Read More »
Taiwan-based Foxconn announced on Monday that it is pulling out of a $19.5 billion semiconductor joint venture with Indian conglomerate Vedanta, dealing a setback to Prime Minister Narendra Modi’s plans to develop chip manufacturing in India. Foxconn, the world’s largest contract electronics manufacturer, and Vedanta had signed an agreement last year to establish semiconductor and …
Foxconn Abandons $19.5 Billion Vedanta Chip Project, Dealing a Major Setback to India Read More »
Chip manufacturer Qualcomm has unveiled the 12 finalists of its 2023 hardware startup incubation program, the Design in India Challenge. This program, the 8th installment of its kind, was created in partnership with Startup India and Nasscom, attracting approximately 145 entries from diverse sectors and applications. The shortlisted candidates for this hardware startup incubation initiative …
Qualcomm Reveals Finalists for 2023 Design in India Challenge Read More »
In a surprising turn of events, Elon Musk, the CEO of Tesla and renowned tech billionaire, has become the center of attention once again. This time, it’s due to a series of AI-generated images that depict him as an Indian groom. The pictures, originally created by a Sydney-based artist, have quickly gained traction on social …
Elon Musk’s Reaction to AI-Generated Image as an Indian Groom Goes Viral Read More »
In a recent development, Japan’s privacy watchdog has issued a warning to OpenAI, the Microsoft-backed startup responsible for the popular ChatGPT chatbot, regarding the collection of sensitive user data without explicit permission. The Personal Information Protection Commission emphasized the need for OpenAI to minimize the amount of sensitive data it collects for machine learning purposes. …
Japan Privacy Watchdog Warns ChatGPT-Maker OpenAI on User Data Read More »
In a surprising move, YouTube announced on Friday that it will no longer be removing videos with false claims of fraud in the 2020 presidential election. This policy reversal comes ahead of the 2024 elections and marks a significant change from the platform’s previous stance. YouTube stated that it has already deleted tens of thousands …
YouTube Stops Deleting fake 2020 Election Claims Read More »
Amazon has expanded its range of smart speakers in India with the introduction of the Echo Pop, a budget-friendly addition to the popular Echo family. The Echo Pop offers users the convenience of Alexa voice assistant support, a front-firing speaker, and an array of color options to choose from. With its attractive features and affordable …
Amazon Introduces Echo Pop Smart Speaker in India, Priced Under Rs 5,000 Read More »
As competition in the virtual reality (VR) market heats up, Meta has unveiled the latest iteration of its Quest headset line. The new Quest 3, set to be released later this year, boasts improved performance and a more streamlined design. In an Instagram post, Meta CEO Mark Zuckerberg referred to the Quest 3 as Meta’s …
On May 30, Nvidia Corporation ascended to the elite league of US companies boasting a $1 trillion market capitalization, propelled by the burgeoning interest in its stock, a top performer in the ongoing Artificial Intelligence (AI) surge. Nvidia’s stock price has multiplied threefold in less than eight months, demonstrating the intensifying fascination with AI in …
Nvidia crosses into $1 trillion market cap: Time to buy for Indian investors? Read More »
According to Fidelity, Twitter’s current value is only 33% of what Elon Musk paid for the social media platform. Musk acquired Twitter for $44 billion, including $33.5 billion in equity. He has acknowledged that he overpaid for Twitter and has stated that its value is now less than half of what he paid for it. …
Twitter’s Value Plunges to 33% of Elon Musk’s Purchase Price, Fidelity Says Read More »
