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Asian shares edged lower on Tuesday, tracking a slump in Wall Street’s technology stocks, while silver and gold steadied after a sharp pullback from record highs cooled an extraordinary rally in precious metals.Silver was the biggest mover overnight, plunging 8.7% in its steepest one-day fall since August 2020, unwinding from what had become a parabolic…
AI Image for representation Two American technology companies are fighting over an acquisition, supposedly gone wrong. According to a report in Geekwire, a Washington-based tech company SmarTek21 has sued its New York-based acquisition advisor, TGP GP Management, alleging that it was pushed into a $5.2 million acquisition. SmarTek21 is a longtime technology consulting services company…
California may soon witnesses an exodus of some of its most prominent tech billionaires. As reported by New York Times, venture capitalist Pete Theil and Google co-founder Larry Page are thinking of cutting down and reducing their ties to the state before the end of the year. The reason behind this decision is a proposed…
The US Wall Street is hoping to mark a strong finish for the year, amid recent highs. The S&P 500 ended at a record high on Wednesday, ahead of the Christmas holiday , being just around 1 per cent short of the 7,000 mark for the first time.The S&P 500 is on track for its…
UP might soon be home to Taiwan Electrical & Electronic Manufacturers’ Association (Teema)’s technology park as the Uttar Pradesh Yamuna Expressway Industrial Development Authority (Yeida) is emerging as one of the key contenders for the proposed Indian facility, people familiar with the matter said.Foxconn chairman Young Liu, who currently heads Teema, and is part of…
A group of 9 high-ranking US lawmakers has urged the Department of War (The Pentagon) to blacklist a total of 17 prominent Chinese technology firms, including DeepSeek – the company that stunned global tech sector with the launch of its R1 model in January 2025, and smartphone giant Xiaomi – a major tech players, specifically…
Pavel Durov, the billionaire founder of messaging app Telegram, offered to cover IVF treatments for women willing to use his donated sperm—and promised their children an equal share of his $17 billion fortune, provided they could prove their DNA connection to him, according to Wall Street Journal. The 41-year-old Russian-born tech entrepreneur revealed in July…
The US has banned five prominent Europeans from entering the country, accusing them of pushing online censorship against American viewpoints. Secretary of State Marco Rubio cited efforts to suppress free speech and target American companies, particularly concerning the EU’s Digital Services Act. This move signals a strong ‘America First’ stance against perceived foreign overreach. ‘We…
After nearly four years of underperformance, India’s information technology stocks are entering 2026 with expectations shaped more by realism than hype, as investors assess whether artificial intelligence can finally revive growth after a prolonged slowdown.The Nifty IT index is trading close to a four-year low, a sharp reversal from the pandemic-era boom that once made…
Noida International Airport (NIA) has tied up with IT services firm Tech Mahindra to establish and operate an integrated Network and Security Operations Centre (NOC-SOC), placing cybersecurity and digital resilience at the core of the airport’s operations from the outset, PTI reported.Under the partnership, Tech Mahindra will deliver 24×7 monitoring and management of network and…
