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 […]
Tech giant Siemens’ top executive, family among 6 killed in US helicopter crash
A Tragic Loss: Siemens’ Top Executive and Family Among 6 Killed in US Helicopter Crash A tragic helicopter crash in the Hudson River on Thursday claimed the lives of a prominent figure in the tech industry, as well as five other individuals. The incident sent shockwaves through the community and beyond, highlighting the fragility of […]
Apple challenges UK government over encrypted iCloud access order
Apple Challenges UK Government Over Encrypted iCloud Access Order In a bold move that underscores the ongoing battle between tech giants and governments over user privacy, Apple has taken a stand against the UK government’s attempt to gain access to encrypted iCloud data. The tech behemoth’s decision to pursue legal action in response to the […]
Minister urges Indian start-ups to shift focus from ice cream to semiconductors
Minister Urges Indian Start-Ups to Shift Focus from Ice Cream to Semiconductors The Indian start-up scene has been abuzz with a heated debate sparked by Commerce Minister Piyush Goyal’s recent comments. Goyal has questioned the prevalent focus of Indian start-ups on consumer-centric sectors like food apps, urging a pivot towards deep-tech areas such as semiconductors. […]
DeepMind blocks staff from joining AI rivals
DeepMind Takes a Stand: Staff Paid Not to Work During Non-Compete Period In the ever-competitive landscape of artificial intelligence, companies are constantly striving to stay ahead of the curve. DeepMind, a leading AI research lab acquired by Google in 2014, has recently made headlines for its stringent policies regarding staff transitions to rival companies in […]
Google’s billion-dollar benchwarmers: AI experts paid to sit idle than defect to OpenAI
Google’s billion-dollar benchwarmers: AI experts paid to sit idle than defect to OpenAI With the AI race gathering steam, retaining top AI talent has become crucial for tech giants like Google. In a bid to prevent their AI experts from defecting to competitors such as OpenAI, Google has reportedly resorted to a rather unconventional strategy […]
TikTok deal stalled amid US-China trade tensions
TikTok Deal Stalled Amid US-China Trade Tensions The ongoing saga of TikTok’s potential spinoff of its US operations seems to have hit a significant roadblock. Talks that were in progress to separate the popular video-sharing app’s US arm from its Chinese parent company, ByteDance, have come to a standstill. The reason behind this sudden halt? […]
Apple and Samsung brace for impact as US tariffs take effect
Apple and Samsung Face Pricing Pressure Amid US Tariff Implementation As the United States implements new tariffs, tech giants like Apple and Samsung are bracing for the impact on their bottom lines. With the possibility of increased import costs looming large, both companies may find themselves in a tough spot when it comes to pricing […]