On Tuesday, the UK government revealed its intention to create new legislation that would limit the ability of big tech like Amazon, Facebook, and Google to stifle competition within the digital marketplace. The UK government’s proposed law aims to not only enhance consumer protection but also regulate big tech companies to prevent them from suppressing […]
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The tech industry has become a battleground in the ongoing conflict between Taiwan and China. China has openly admitted that they are on a fight with Taiwan, whether they like it or not. While the country is working to maintain its technological edge, China seems willing to engage in self-defeating military adventures to prevent the […]
The US-China trade war has been raging for a few years now, with both countries imposing tariffs on each other’s goods, creating a ripple effect throughout the global economy. One sector that has been impacted by this conflict is the global telecom industry. As the US and China continue to engage in a technology race, […]
Over the past decade, 3D printing has emerged as a revolutionary technology that has disrupted various industries, including the aerospace industry. 3D printing, also known as additive manufacturing, is a process that involves creating three-dimensional objects by adding materials layer by layer. This technology has transformed the way aerospace manufacturers design and produce parts, leading […]
China’s Huawei Technologies said on Thursday it is replacing internal software management systems it once sourced from U.S. vendors with its own in-house version, hailing it as a victory over U.S. curbs that once threatened its survival. Huawei held an internal ceremony to celebrate the switch to its own ‘MetaERP’ (enterprise resource planning system) in […]
With the vision of merging human brains with artificial intelligence (AI) through implanted brain chips, Neuralink has been conducting trials and research to unlock the potential of this cutting-edge technology. However, the journey of Neuralink has not been without its trials and tribulations, and there are concerns that the US government’s reluctance to fully embrace […]
A funding squeeze at Indian startups that has already led to layoffs and delayed stock listings is set to worsen as investors reckon with stretched valuations and faltering consumption growth, likely laying the ground for industry consolidation. Startups in India raised just $2 billion in the first quarter of 2023, 75% lower than the same […]
Russian President Vladimir Putin met his commanders in two regions of Ukraine that Moscow claims to have annexed, while Russian forces stepped up artillery bombardments and air strikes on the devastated eastern Ukrainian city of Bakhmut. Diplomacy * The Group of Seven industrial powers on Tuesday criticised Russia’s threat to station nuclear weapons in Belarus, […]
A committee of U.S. lawmakers on Tuesday said troubled Swiss bank Credit Suisse Group hampered a multiyear investigation into the servicing of Nazi clients and Nazi-linked accounts. Credit Suisse commissioned an investigation into allegations levied by a human rights organization that the bank held potential Nazi-linked accounts and failed to disclose them, even during Holocaust-related […]
The U.S. and Britain should make their rules for the crypto industry much clearer to prevent firms from developing in “offshore havens”, the chief of U.S. crypto exchange Coinbase Global Inc, Brian Armstrong, said on Tuesday. The failure last year of the Bahamas-based FTX exchange has highlighted the importance of major economies developing clear crypto […]