Tag: Chinese Tech Giants

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 […]

Alphabet unleashes $75 billion war chest as big tech races for AI dominance

Alphabet’s $75 Billion War Chest: The Battle for AI Dominance in Big Tech Alphabet, Google’s parent company, has reiterated its plan to spend around $75 billion this year. This staggering amount serves as a testament to the fierce competition and escalating arms race among tech giants for AI supremacy. As Alphabet unveils its war chest, […]

Tech stocks rally after Trump halts tariffs

Tech Stocks Soar as Nasdaq Records Best Day in Decades Tech stocks experienced a significant surge as the Nasdaq jumped over 12% in its best performance in decades. This impressive rally comes in the wake of the Trump administration’s decision to temporarily halt trade tariffs. The market reaction to this news underscores the crucial role […]

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? […]

Tech giants face pushback over AI and book piracy

Tech Giants Face Pushback Over AI and Book Piracy Tech giants like Meta and Anthropic are facing increasing pushback over their use of artificial intelligence (AI) and alleged involvement in book piracy. Recently, UK experts have raised concerns about the companies’ claims of ‘fair use’ in these practices, suggesting that such defenses may not hold […]

Are digital taxes the new frontline in global trade warfare?

Are Digital Taxes the New Frontline in Global Trade Warfare? President Trump’s tariffs on imported goods have sparked heated debates on international trade policies, yet there is a growing concern that the focus on tangible goods might be overshadowing a crucial battleground: digital services. The digital services sector, predominantly controlled by US tech giants, has […]

Amazon Submits Bid for TikTok With US Sale Deadline Nearing

Amazon’s Bid for TikTok Raises Eyebrows Amongst US Officials In the latest twist of the TikTok saga, retail behemoth Amazon has thrown its hat into the ring by submitting a bid to acquire the popular video-sharing app’s US operations. With the deadline for the sale rapidly approaching, Amazon is making a bold move to expand […]

AI’s energy hunger drives nuclear energy resurgence

AI’s Energy Hunger Drives Nuclear Energy Resurgence In the ever-expanding realm of technology, artificial intelligence (AI) has taken center stage in recent years. From improving customer service with chatbots to revolutionizing healthcare with predictive analytics, AI has transformed countless industries. However, this advancement comes at a cost – an immense amount of energy. Big Tech’s […]

French watchdog fines Apple for abuse of app tracking tool

French Watchdog Fines Apple for Abuse of App Tracking Tool In a recent development, the French competition watchdog has levied a fine against tech giant Apple for its misuse of an app tracking tool. This decision comes on the heels of numerous complaints from online advertisers and publishers, who have accused Apple of leveraging its […]

US fabs to catch up with Taiwan tech

US Fabs Accelerate to Match Taiwan Tech Power In the fast-paced realm of chip technology, staying ahead of the curve is not just an advantage but a necessity. As Taiwan Semiconductor Manufacturing Company (TSMC) continues to lead the pack with cutting-edge advancements, the pressure is on for US fabs to catch up and level the […]

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