New Delhi, May 6 (IANS) India has the potential to give the US a further edge in the race for AI adoption, with American tech giants such as Google, Microsoft and Amazon already committing billions of dollars in investments to build AI hubs across India, according to an article in Arab News.These investments are aimed to ensure that US-designed technology forms the backbone of the Global South’s largest economy. If the future of the digital world is built on US-Indian infrastructure, the world…
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Los Angeles, May 5 (IANS) Hollywood actress Taraji P. Henson is not pleased with the stars who attended this year’s Met Gala. The actress joined social media influencer Meredith Lynch in criticizing the stars at the event. The reason behind the same is the event being sponsored by honorary co-chairs Jeff Bezos and Lauren Sánchez Bezos.Meredith Lynch recently took to her Instagram, and shared a video in which she warned A-listers not to wear their “ICE Out” pins to the “Jeff Bezos-backed…
New Delhi, April 29 (IANS) Satellite connectivity in smartphones will see significant growth as non-terrestrial networks (NTN)-capable devices are projected to account for 46 per cent of global smartphone shipments by 2030, a report said on Wednesday.The report from Counterpoint Research said that nearly one in two smartphones is expected to support satellite connectivity by 2030.Research Vice President Peter Richardson said that Apple, Google and Samsung will lead in terms of overall penetratio…
New Delhi, April 28 (IANS) Bengaluru remains a prominent talent hub for India’s top companies hiring in the silicon valley of the country, followed closely by Hyderabad, a new report showed on Tuesday.Delhi, Mumbai, and Chennai also continue to be hiring hubs, where companies are looking for professionals who combine technical fluency with human skills like communication and problem‑solving – the capabilities AI cannot replace, according to the report by LinkedIn.Based on signals from the …
New Delhi, April 25 (IANS) US tech giant Google plans to invest up to $40 billion in the artificial intelligence (AI) firm Anthropic, as global technology giants accelerate their push into advanced AI models and infrastructure.The proposed investment includes an initial $10 billion infusion at Anthropic’s latest valuation of $380 billion, with the remaining $30 billion tied to performance-based milestones, the companies confirmed, according to multiple reports.The move has built on a multi-yea…
New Delhi, April 19 (IANS) Global technology firms accelerated job cuts in the first quarter of 2026, with over 73,200 layoffs by 95 companies, according to industry data.The data from Layoffs.fyi showed that the past two weeks saw a fresh surge in headcount reductions. Snap Inc., The Walt Disney Company, Meta Platforms and Oracle Corporation, announced layoffs recently as firms streamline operations to cut costs and shift resources toward artificial intelligence.Social media platform Snap Inc. …
New Delhi, April 18 (IANS) US tech giant Meta (formerly Facebook) is reportedly planning to lay off at least 10 per cent of its global workforce, or nearly 8,000 workers, next month.Further layoffs are planned in the second half of the year, according to a Reuters report. However, the details of those layoffs have not been known yet. The initial round in May is likely to reduce about 10 per cent of its global workforce.According to the report, the layoff plans may depend on the developments in t…
New Delhi, April 17 (IANS) Global tech layoffs are accelerating in 2026, with more than 80,000 jobs already cut in the first quarter and total losses likely to exceed 3 lakh this year, led by companies like Oracle, Amazon, and Meta, according to a report.The report by TradingPlatforms noted that the latest wave of layoffs builds on a broader post-pandemic correction, with over one million tech jobs lost globally since 2021 as companies recalibrate hiring after the Covid-era expansion.Artificial …
New Delhi, April 17 (IANS) Billionaire industrialist Gautam Adani, Chairman of the Adani Group, has become Asia’s richest individual, overtaking Reliance Industries Chairman Mukesh Ambani, according to the latest Bloomberg Billionaires Index.Gautam Adani’s net worth rose to $92.6 billion, placing him 19th globally, while Mukesh Ambani slipped to the 20th position with a net worth of $90.8 billion.The reshuffle at the top highlights the ongoing volatility in global wealth rankings in 2026, am…
New Delhi, April 9 (IANS) How ShopClues went from being one of India’s most promising unicorns to a deeply discounted acquisition has emerged as one of the most striking examples of value destruction in the country’s startup ecosystem.Once valued at $1.1 billion in 2016 and preparing for a potential public listing, the Gurugram-based e-commerce firm saw its fortunes unravel rapidly before being acquired by Singapore-based Qoo10 in 2019 for roughly $70-$100 million in an all-stock deal, wipin…