May 17, 2026

tech

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100,000+ tech layoffs in 2025: Amazon, Microsoft, Intel, and these companies cut thousands of jobs

contact@dailyupdatesindia.com015 mins

The technology sector has witnessed a massive wave of layoffs throughout 2025, with 112,732 tech employees losing their jobs across 218 companies, according to independent tracking site Layoffs.fyi. This unprecedented workforce reduction represents one of the most significant restructuring periods in the industry’s history, driven primarily by the rapid adoption of artificial intelligence, automation initiatives,…

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Aadhaar future roadmap: UIDAI sets up expert panel to craft Vision 2032; explores AI, blockchain and quantum tech

contact@dailyupdatesindia.com02 mins

The Unique Identification Authority of India (UIDAI) has set up a high-level expert committee to make Aadhaar technology future-ready, with focus on scalability, data security, and resilience against emerging cybersecurity threats, according to an official statement issued on Friday.The committee, chaired by UIDAI Chairperson Neelkanth Mishra, includes UIDAI CEO Bhuvnesh Kumar, Nutanix founder Dheeraj Pandey,…

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US markets today: Amazon’s blockbuster earnings lift Wall Street toward record highs; Big Tech results keep rally on track

contact@dailyupdatesindia.com02 mins

Wall Street moved higher on Friday, powered by a sharp rise in Amazon shares that helped push the S&P 500 near record levels and positioned it for another strong week and month. The S&P 500 climbed 0.6%, recouping most of Thursday’s losses and nearing its all-time high set earlier in the week. The index is…

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US markets today: Wall Street drifts near record highs as Big Tech results; Trump-Xi trade talks pull investors in both directions

contact@dailyupdatesindia.com02 mins

US markets ended mixed on Thursday, with investors juggling upbeat and cautious signals from Big Tech earnings and renewed optimism around US-China trade ties.The S&P 500 slipped 0.2% from its all-time high earlier this week, while the Nasdaq composite lost 0.6%. The Dow Jones Industrial Average, however, gained 199 points, or 0.5%, by mid-morning trade,…

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China trade thaw: Beijing pauses rare earth export curbs for 1 year after Xi-Trump talks, signals easing in tariff and tech tensions

contact@dailyupdatesindia.com03 mins

China said on Thursday it will suspend for one year certain export restrictions, including those related to rare earth materials, that were announced earlier in October, signalling a temporary easing in trade tensions with the United States, AFP reported.According to Beijing’s commerce ministry, the decision to “suspend the implementation of the relevant export control measures……

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Renowned Computer Science professor Pedro Domingos makes a bold prediction: First big tech company to be destroyed by AI will be …

contact@dailyupdatesindia.com02 mins

Artificial intelligence (AI) is said to be the biggest driver of economic change in the future. From technology advancements to concerns like job loss, AI is said to reshape the global landscape. While it promises innovation and efficiency, experts have been warning against mass job losses, and unemployment due to AI. The AI threat has…

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Cutting dependence on foreign tech vital for growth: Piyush Goyal

contact@dailyupdatesindia.com01 mins

NEW DELHI: Commerce and industry minister Piyush Goyal said on Wednesday that reducing India’s dependence on foreign technologies, weapons, and energy sources is vital for the country’s long-term growth and sovereignty.He said the “spirit of Swadeshi” is no longer limited to making or designing in India but extends to achieving true self-reliance in critical areas….

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Investing in stock market? Top stocks to buy for up to 60% profits! Tata Steel, Zen Tech & more

contact@dailyupdatesindia.com02 mins

Dalal Street is offering fresh opportunities to investors as many mid-cap and large-cap stocks are emerging as top picks across a range of sectors. Analysts are backing companies with themes ranging from cyclical recovery to steady structural growth.Here are some of the stocks that can be good picks for traders, according to ET: Zen Tech:…

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Apple hits a record! Becomes third tech giant to cross $4 trillion valuation; joins Microsoft, Nvidia club

contact@dailyupdatesindia.com03 mins

File photo (Picture credit: AP) Apple has reached a historic milestone, becoming the third Big Tech company to cross $4 trillion in market value, driven by strong demand for its latest iPhone lineup.The company’s shares were last up 0.2 per cent at $269.2 in early trading on Tuesday, marking a record high, reported news agency…

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