New Delhi, July 9 (IANS) China’s major technology companies have trimmed nearly 1.3 lakh jobs over the past year as rapid adoption of artificial intelligence (AI) and corporate restructuring reshape the sector, with a new report criticising the Chinese Communist Party (CPC) for remaining silent over the large-scale workforce disruption.The report from Sri Lanka-based Daily Mirror said Alibaba, Tencent, ByteDance, Meituan and Baidu have announced tens of thousands of job cuts with some divisions …
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New Delhi, March 2 (IANS) Global smart glasses shipments grew 139 per cent year‑on‑year in the H2 CY25, driven by “Meta’s expanding product portfolio, new AI smart glasses models and seasonal demand,” a report said on Monday.The report from Counterpoint Research said India recorded a 15‑fold surge in shipments in H2 CY25 following Meta’s official launch in the country in May 2025, though the country still accounted for only 2 per cent of global volume.AI smart glasses accounted for 88 …
New Delhi, Feb 14 (IANS) The US Department of Defence has decided to add several major Chinese companies, including Alibaba and BYD, to a list of firms it believes have links to China’s military, a report has said. The move comes just weeks before US President Donald Trump is expected to meet Chinese President Xi Jinping in Beijing, raising the possibility of fresh tensions between the two countries, as per Financial Times report.The Pentagon submitted its updated “Chinese Military Companies…