Latest News, Updates & Breaking Headlines
A trio of Europe’s aerospace giants are merging their space businesses to create a regional unit capable of competing with Elon Musk-owned SpaceX’s Starlink satellite cluster. Airbus, Leonardo and Thales have announced that they have signed a memorandum of understanding to combine their space operations, promising “significant synergies” and cost savings in the “mid-triple-digit millions”…
China’s new export restrictions on automotive chips and components, prompted by the Dutch government’s takeover of Chinese-owned chipmaker Nexperia, have left global auto companies including GM, Honda, Volkswagen and others ‘shocked’ and ‘anxious’. According to a report by Nikkei Asia, the tension between Netherland government and China over Nexperia are roiling the global automotive supply…
BENGALURU: The Trump administration’s decision to exempt those who are already in the US, including foreign students, from the $100,000 H-1B visa fee is a big win for US companies hiring such talent. Many of these are technology companies, for whom immigrant student talent has proved valuable.For Indian IT services companies, the decision may be…
MUMBAI: A century-old law is holding back India’s efforts to recover bad loans. Asset reconstruction companies (ARCs) say a provision in the Indian Registration Act of 1908, which requires them to register every loan transfer with state registrars, persists despite the creation of a centralised digital alternative more than a decade ago.Each time an ARC…
BENGALURU: Over the past few years, semiconductor companies have adopted a more targeted and focused strategy for campus hiring. While traditionally they followed conventional campus recruitment methods, the niche nature of the sector and limited candidate numbers have pushed these companies to collaborate closely with premier institutions like the IITs, NITs, and IISc to handpick…
Zohran Mamdani, the Democratic frontrunner for the New York City mayoral race, has sent a message to CEOs of tech companies. During the first debate of the campaign, when the candidates were asked how they would convince tech leaders concerned about increased corporate taxes to build their companies in NYC instead of cities like Dallas,…
China recently announced that it has formally added the prominent US technology companies, Canadian research firm TechInsights and several other foreign entities to its Unreliable Entity List. The Ministry of Commerce stated the action was taken to safeguard China’s national sovereignty, security, and development interests.The entities added to the list—which include TechInsights, its branches, and…
FILE – (AP Photo/Michael Dwyer, File) American startup founders are “almost shameless” in their assertive demands and feedback to AI giant OpenAI, according to Laura Modiano, head of OpenAI’s startups division in EMEA. Speaking at the Sifted Summit this week, Modiano highlighted a stark contrast between U.S. and European entrepreneurs, urging the latter to be…
US Federal Communications Commission has issued a national security notice warning that Chinese electronics could be used to surveil Americans and threaten US security, as major online retailers remove millions of prohibited product listings from their platforms.FCC Chair Brendan Carr revealed Friday that several million listings for banned Chinese electronics have been taken down from…
China is tightening controls on chip imports at major ports, a report claims. This move will reportedly discourage the use of US products, specifically Nvidia’s AI processors, in the country. In recent weeks, Chinese customs officers have been mobilised to conduct stringent checks on semiconductor shipments nationwide, a report by The Financial Times, citing sources…
