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Cyient arm to acquire over 65% stake in US-based power semiconductor co Kinetic Technologies for $93 million

HYDERABAD: Cyient Semiconductors, a wholly owned subsidiary of Cyient Ltd, is acquiring over 65% stake in San Jose headquartered power semiconductor player Kinetic Technologies for a total cash consideration of up to $93 million (approx. Rs 846 crore). The transaction, which is subject to customer closing conditions, is expected to be completed by April 30,…

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LinkedIn founder Reid Hoffman responds to Pope Leo XIV’s call for ethical AI, says: Technologies are defined as good or bad depending on…

Reid Hoffman, the billionaire co-founder of LinkedIn, fired back at Pope Leo XIV’s call for ethical AI development with a forceful defense of Silicon Valley’s approach to artificial intelligence, insisting technology’s moral value depends entirely on human choices rather than inherent design.“Technologies are defined as good or bad depending on how they are used,” Hoffman…

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HCL co-founder Ajai Chowdhry warns: Critical technologies are being used as ‘weapons’ in global trade, India needs to …

HCL co-founder Ajai Chowdhry has suggested that India should meet its demand for rare-earth minerals by recycling e-waste. Chowdhry, who is also the Chairman of the National Quantum Mission, has proposed this solution to reduce dependency on foreign sources. He claimed that 30-40% of domestic demand can be met through this “non-mined” route. This approach…

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Tata Technologies reacts to Trump’s H-1B fee hike: Plans to recruit more local staff in US; here’s what it said

Tata Technologies plans to recruit more local staff in US Tata Technologies on Friday said it will recruit more local staff in the United States as a response to the Donald Trump administration’s revised visa rules.“As we react and respond to the change in legislation in and around visas, it will mean that we will…

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‘Critical Minerals Industry Guild’: India-UK alliance enters new phase; focus on promoting green technologies

Keir Starmer and Narendra Modi (AP image) NEW DELHI: Prime Minister Narendra Modi met his British counterpart Keir Starmer on Thursday on the sidelines of Starmer’s first official visit to India. The discussions focused on strengthening cooperation in critical minerals, a key area for the global energy transition and emerging technologies.Following the talks, PM Modi…

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