Samsung chief faces $375k fine, jail request from prosecutors
A final decision in the appeals case is anticipated between January and February 2025
Nvidia-China talks coincide with expected U.S. chip sanctions
Nvidia, the leading AI chip designer, is already barred from selling its advanced chips in China
U.S. reduces Intel’s $8.5 billion chips grant
The adjustment considers a $3 billion contract Intel was offered to manufacture chips for the Pentagon, report
PM pushes for $25bn IT export target with detailed action plan
IT ministry reports 34% export growth, sets $15bn export goal for next five years
Neuralink launches first clinical trial in Canada with regulatory approval
The trial will assess the safety and functionality of an implant designed to enable paralysed individuals to control digital devices using their thoughts
Nokia wins multi-billion 5G extension deal in india
The announcement comes as Bharti Airtel, MediaTek, and Nokia successfully complete trials aimed at enhancing 5G uplink performance
Bitcoin hits new all-time high above $94,000
Bitcoin surged to a record high above $94,000, driven by reports that Donald Trump's social media company, Trump Media & Technology Group,...
Pakistan’s IT exports surge 39% YoY to reach $330mn in October
13th consecutive month of YoY growth pushes IT export tally to $1.21bn in four months
Pakistan to launch first AI policy by early 2025
The policy aims to transform Pakistan into a "Digital Pakistan" by deploying AI to detect and respond to cyber threats in real time
Meta Cuts Prices of Ad-Free Facebook and Instagram in EU by 40%
Meta also announced a free alternative for EU users who agree to view ads
OpenAI co-founder Greg Brockman returns after 3 months of leave
Brockman’s return follows OpenAI’s recent $157 billion valuation from its latest funding round, which closed over a month ago
Amazon offers $110 Million in free AI chip credits to challenge Nvidia
The program offers 40,000 Trainium chips for AI development, competing with Nvidia and AMD
Netflix’s ad-supported tier hits 70 million users
Netflix’s lowest-priced ad-free plan costs $15.49 per month
FTX sues Binance and former chief Zhao for $1.8bn
The repurchase deal was reportedly funded through FTX’s native FTT token, BNB, and Binance’s stablecoin, BUSD
India to summon Amazon, Flipkart executives as regulatory scrutiny grows
Indian laws restrict foreign e-commerce players to a marketplace model, prohibiting them from holding inventory