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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Hyderabad, Feb 19 (IANS) Telangana’s emergence as a hub for AI-driven innovation was highlighted before representatives of the US–India Business Council on Thursday at the USIBC Round Table during the India AI Impact Summit–2026 in Delhi. Addressing the Round Table, Minister for Industry and Information Technology D. Sridhar Babu said that, with world-class infrastructure and a strong technology ecosystem, Telangana offers compelling opportunities for US investors seeking scalable, futu…
Washington, Dec 23 (IANS) American companies operating in Bangladesh continue to take a long-term view of the country’s economic prospects, even as it approaches national elections, Atul Keshap said in his capacity as President of the US-Bangladesh Business Council. “Bangladesh is going into an election in the next couple of months, and we wish them well with that,” Keshap said, stressing that the process was “a matter for the people of Bangladesh to decide.”Speaking on behalf of Ameri…