New Delhi, April 29 (IANS) China has blocked Meta’s proposed $2 billion acquisition of artificial intelligence startup Manus, citing national security concerns, in a move that signals tighter regulatory scrutiny of cross-border technology deals, a new report has said.According to a report by Modern Diplomacy, the National Development and Reform Commission (NDRC) ordered the transaction to be unwound under foreign investment security rules introduced in 2021, which underscores Beijing’s incre…
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Seoul, April 28 (IANS) Seoul stocks briefly topped the 6,700-point level on Tuesday, set to reach another milestone, driven by large-cap tech shares ahead of earnings releases from big US tech companies.The benchmark Korea Composite Stock Price Index (KOSPI) hit an intraday high of 6,712.73 points in the morning session, reports Yonhap news agency.The new peak came ahead of first-quarter earnings releases from the Magnificent 7 (M7) companies in the United States, including Apple, Microsoft and …
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 13 (IANS) Global shipments of augmented reality (AR) smart glasses surged almost doubled year-on-year (YoY) in 2025, reaching a record high, according to a report released on Monday.As per Counterpoint analysis, the AR smart glasses global shipment climbed by 98 per cent in the year. The market saw even stronger momentum in the second half of the year, with shipments rising 148 per cent year-on-year, it said.Segment-wise, video-centric AR smart glasses grew over 80 per cent year…
Chandigarh, April 11 (IANS) Haryana Director General of Police Ajay Singhal on Saturday warned against the promotion of gun culture and objectionable or misleading content on social media, saying such activities will not be tolerated and strict action will be taken against offenders.From January 1 to April 10, a total of 6,083 objectionable, misleading, and law-and-order disturbing URLs, contents, apps, and websites have been taken down, the DGP said.According to detailed data, 4,278 were linked…
Amaravati, April 9 (IANS) The Andhra Pradesh government will prepare a comprehensive regulatory framework to restrict access to social media for children aged below 13 years and to design an age-appropriate digital environment for teenagers. State Minister for Education, IT and Electronics, Nara Lokesh on Thursday called for the drafting of a legislation that balances digital access with child safety, creativity, and mental well-being.Chairing a high-level Group of Ministers (GoM) meeting with s…
Raebareli, April 1 (IANS) In a remarkable display of prompt response and coordination, the police saved the life of an 18-year-old youth in Uttar Pradesh’s Raebareli after a distressing social media post signalled a potential suicide attempt. The incident highlights the growing role of technology and rapid law enforcement in preventing tragedies. According to officials, a video related to suicide was posted on Instagram, triggering an alert through the Meta Alert System at the police headquarter…
Thiruvananthapuram, March 27 (IANS) The Election Commission of India (EC) on Friday stepped in following the controversy over Facebook removing a portion of an interview of Opposition Leader, V.D. Satheesan, aired by Manorama News, allegedly at the direction of the Kerala Police.However, officials indicated that it is for the Kerala Police to explain the circumstances that led to the taking down of the interview.Kerala’s Chief Electoral Officer, Rathan U. Kelkar, on Friday clarified that the i…