24 stories
Indian Parliament Grills Tech Giants on Social Media Regulation
A parliamentary panel convened a meeting with social media platforms to address regulatory matters, which was also attended by government officials. This comes in the wake of Meta’s temporary restriction on Prime Minister Modi's Facebook post, leading to the ministry's scrutiny over the explanation
Battery Smart Aims for IPO Amidst 70-80% Growth Ambition
Battery Smart is preparing to file draft papers with Sebi for an initial public offering. The company targets substantial annual growth over the next five years. It currently operates over 1,500 swapping stations across more than 75 cities. Battery Smart's revenue saw a significant increase in the l
Elon Musk's AI Expenditure Faces Scrutiny as SpaceX's Financials Get Audited
SpaceX is poised to reveal its next earnings report, signaling Starlink's profitability and its pivotal role in financing AI and space initiatives. Analysts predict notable advancements in Starlink and AI ventures for the April-June quarter. A key area of interest for investors is SpaceX's sizable i
India Tech Tax: Partner or Pay
Australia's government has raised a planned levy on tech giants. This charge will apply if they fail to reach news deals. The levy now stands at two point five percent of advertising revenue. This measure aims to support local journalism and news outlets. New laws are expected when parliament resume
Chip Designs Get Enhanced Protection
China is beefing up its defenses for homegrown chip designs. New regulations are being rolled out to offer stronger legal protection, aiming to safeguard intellectual property and encourage domestic innovation in the crucial semiconductor industry. This move signals a significant effort to bolster i
Indian Chipmaker CXMT Eyes Second Factory in Beijing Amid Funding Discussions
China's largest chipmaker CXMT is planning a new memory-chip plant in Beijing. This facility would be built in the Yizhuang area where another fab already operates. CXMT seeks significant government support for this proposed Beijing expansion project. The company aims to boost production capacity am
Electric Vehicles Surge in India
Overall registrations of new battery-electric cars rose 51% in June, data from the European Automobile Manufacturers' Association showed. Last month, Tesla reported record-setting second-quarter delivery numbers that beat Wall Street estimates, boosted by the rebound in Europe.
AiFeed24Google Pixel 11 Series Pre-Orders Kicks Off in India, Major Features Unveiled
Google announced pre-orders for the Pixel 11 series starting August 12, with global launch on the same day and Indian debut on August 13.
MobiKwik Turns Profitable
Fintech firm MobiKwik reported a consolidated profit of Rs 7.6 crore for the April-June quarter. This marks a significant turnaround from a net loss of Rs 419.2 crore in the prior year. Revenue from operations saw a modest increase of 3.7 percent to Rs 281.48 crore. The company highlighted three con
AiFeed24Indian Cyber Landscape Braces for 1-Day Vulnerability Exposures
Advances in artificial intelligence are dramatically reshaping the cybersecurity landscape by enabling faster discovery and exploitation of software vulnerabilities, while organisations continue to struggle to patch them in time, according to a report by J.P. Morgan Asset & Wealth Management.
India Under Siege: Bitcoin’s Most Secure Wallets Breached by Cunning Hackers
Hackers exploited a software flaw in Coldcard Bitcoin wallets, causing significant financial losses. This vulnerability affected the security keys used to protect user cryptocurrency holdings. Millions of dollars have been siphoned from thousands of compromised wallets globally. The flaw involved a
India's Tech Watch: Chinese Self-Driving Startup Expands into European Market
Europe has emerged as a key growth market for China's autonomous driving companies, following an earlier push into the Gulf region, as they seek to commercialise their technology beyond their home market amid intensifying competition and regulatory scrutiny.
India's AI Landscape Gains a New Player with Low-End Computing Power
A version of Chinese startup DeepSeek's flagship AI model is by far the least expensive to run on benchmark tests among well-known models globally and more than 100 times cheaper to run than Anthropic's Claude Fable 5, according to a research firm.
Artificial Intelligence Fever Sweeps Indian Colleges, CS Enrollments Soar
But the senior at Virginia Commonwealth University began to see it differently as she looked into graduate psychology programs that explore human behavior in the workplace, which is quickly being upended by machine learning. Maeba, 21, is now pursuing a minor in AI.
Alibaba Unveils Next-Gen AI Marvel, a Force to Be Reckoned With in India
Chinese tech companies - a huge force in open-weight AI models globally - are locked in a fierce and fast-moving battle to build more powerful systems without making them prohibitively expensive to run.
AiFeed24MacBook Air Demand Outstrips Supply as Memory Shortfalls Bite in India
Apple's MacBook Air faces supply shortages due to memory constraints, leading to significant price hikes.
India Boosts AI Capabilities
Fadnavis was addressing a gathering at the inauguration of the AI Centre of Competency powered by NVIDIA at Ramdeobaba University in Nagpur.
AiFeed24India-bound Artists Spark Controversy with AI-Driven Stage Designs in Germany
AI-assisted staging draws boos at the Richard Wagner festival in Germany
Amgen Confirms Data Breach Exposing Patient Health Records in India
On July 29, Amgen determined the incident was material, based on its evaluation of how many files appeared to be affected and the possibility that the information in those files could be sensitive, it said in a regulatory filing.
Amazon Faces Consumer Wrath Over Misleading Seafood Sustainability Claims
In a proposed class action in Seattle federal court, consumers said labels containing phrases such as "dolphin safe," "responsibly sourced," "sustainable," "wild caught" and "MSC Certified Sustainable Seafood" misled them into believing Amazon's seafood sourcing causes minimal harm to oceans and
India's IT Sector Stifling New Job Creation, Favors AI and Data Centers
In a post on social media platform X, Vembu noted that while the IT industry, including Zoho, has avoided large-scale layoffs, it has failed to generate significant new employment opportunities in recent years.
SpaceX Faces Unconventional Color Option as Investor Skepticism Heats Up
Among the most popular shareholder questions submitted ahead of Tuesday's call were requests for more footage of Starship's Human Landing System, the vehicle designed to carry astronauts to the moon for NASA's Artemis program next year.
Addverb's Vision for India: Accelerating Industry 4.0 with AI and Robotics
Addverb is now betting on what CEO Sangeet Kumar calls the next frontier of robotics -- collaborative robots, quadrupeds and humanoids, as he highlighted that the global race in physical AI has begun and India has a strong opportunity to build globally-competitive companies.
Xi Pushes PLA to Harness AI for Strategic Military Advancements in India
Xi, who also heads the military, told a Politburo group study session on Thursday that the PLA should "strengthen the military application of unmanned intelligent technologies, deepen the development and application of network information systems, and gradually build an intelligent military system",