Category: Biotech Industry

DeepSeek shifts towards commercial AI products with urgent hiring drive

DeepSeek Ramps Up Commercial AI Products with Aggressive Hiring Spree Chinese startup DeepSeek has been making waves in the tech industry by open-sourcing potent AI models such as R1. This move has not only disrupted the market but also posed a significant challenge to global tech giants by offering cost-effective, high-performance alternatives. As DeepSeek’s innovative […]

Tariff pressure weakens demand for Intel’s AI chips

Tariff Pressure Weakens Demand for Intel’s AI Chips In the ever-changing landscape of the tech industry, economic uncertainty has become a significant factor in consumer behavior and market trends. Recently, this uncertainty has manifested in a rather unexpected way for Intel – one of the giants in the semiconductor industry. The demand for their newer […]

DOJ adds to Google’s antitrust trial the AI-driven search monopoly

DOJ Calls for Breakup of Google’s AI-Driven Search Monopoly The Department of Justice (DOJ) has intensified its efforts to tackle Google’s dominance in the online search market by adding new dimensions to its ongoing antitrust trial. Prosecutors are now advocating for extensive measures to address what they perceive as an unfair advantage held by the […]

Google Illegally Monopolised Some Ad Tech Markets, Judge Rules

Google Illegally Monopolised Some Ad Tech Markets, Judge Rules A federal judge recently delivered a significant blow to tech giant Google by ruling that the company had illegally monopolized certain online advertising technology markets. This decision marks a pivotal moment in the ongoing scrutiny of Google’s business practices and dominance in the digital advertising realm, […]

Zuckerberg weighed spinning off Instagram in 2018 amid antitrust pressure, email shows

Zuckerberg Weighed Spinning off Instagram in 2018 Amid Antitrust Pressure, Email Shows Meta CEO Mark Zuckerberg weighed spinning off Instagram in 2018 amid growing antitrust concerns against the tech giant. An email unearthed during investigations revealed that Zuckerberg contemplated the idea of separating Instagram from Facebook to alleviate mounting pressure from regulators and lawmakers over […]

Japan issues cease-and-desist order against Google over antitrust violations

Japan Issues Cease-and-Desist Order Against Google Over Antitrust Violations Japanese regulators on Tuesday issued a “cease and desist order” against Google for violation of antitrust laws. This bold move highlights the increasing scrutiny that tech giants are facing worldwide, as concerns about their market dominance and anti-competitive practices come to the forefront. The Japan Fair […]

US exempts key electronics from China import taxes

US Delays Tech Import Taxes Amid Trade Tensions with China In the midst of escalating trade tensions between the United States and China, a recent development has emerged that could potentially ease the strain on the tech industry. The US government has decided to exempt key electronics from import taxes, providing a much-needed respite for […]

China freezes rare earth exports, choking global tech and defense supply chains

China Freezes Rare Earth Exports, Choking Global Tech and Defense Supply Chains The U.S.-China trade war has entered a dangerous new phase of geopolitical arm-twisting. On April 2018, China’s Ministry of Industry and Information Technology announced plans to limit the export of rare earth elements, crucial components in the manufacturing of high-tech products like smartphones, […]

Bitcoin surges following US tariff exemptions for tech products

Bitcoin Price Surges to $86,000 as Tech Tariffs Exemption Boosts Market Confidence In a recent turn of events, tech giants like Apple have received a temporary reprieve as the United States announced exemptions for laptops and smartphones from tariffs. This decision has not only eased the pressure on major tech companies but has also sent […]

EU refuses to soften tech laws for Trump trade deal

EU Stands Firm: Tech Laws Remain Unchanged Amid Trump Trade Talks In the realm of international trade negotiations, clashes of interests and priorities are commonplace. Such is the case with the recent stance taken by the European Union regarding its tech laws in the face of pressure from the United States. Despite criticism from high-profile […]

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