Billion Indians lack money for discretionary spending, reveals report
Despite a population of 1.4 billion, only 130-140 million Indians form the effective consumer base, with a growing divide between the rich and the poor.
AI drives revolution in China’s automobile industry
BEIJING: Imagine a driving experience that is as self-centered as it can be: seats, music and temperature that adjust automatically according to...
Warner Bros Discovery targets 150 million streaming service subscribers by 2026
Warner Bros Discovery on Thursday projected at least 150 million users for its streaming service by 2026, after beating estimates for fourth-quarter...
Tencent launches Hunyuan Turbo S AI model to compete with DeepSeek’s R1
Turbo S responds to queries within a second, unlike "slow-thinking" models such as DeepSeek R1 and Hunyuan T1, says Tencent
AWS joins Google, Microsoft in quantum computing race with Ocelot chip
The industry expects that about a million physical qubits are needed for a useful quantum computer, but AWS says its method could lower that to 100,000
Microsoft urges Trump team to ease AI chip export restrictions
The Biden rule will give China a strategic advantage in advancing its AI technology, similar to its rapid rise in 5G a decade ago," the company says
Toyota’s global production rises 6% in January, first increase in a year
The automaker produces 781,729 vehicles worldwide, with a 22% increase in Japan offsetting declines in overseas production
Oil prices rise as U.S. revokes Chevron’s Venezuela licence
Brent crude oil futures climb 1.19% to $73.39 a barrel, while U.S. West Texas Intermediate (WTI) crude rises 1.14% to $69.40
Trump confirms Zelenskiy visit to sign Ukraine minerals deal
The deal involves Kyiv allocating part of its mineral resource revenue to a jointly controlled fund with the U.S
U.S. dollar strengthens as trade uncertainty persists
The dollar index rises to 106.6, pulling away from its two-month low of 106.12 reached on Monday but remains down nearly 4% from its January peak
Warner Bros Discovery projects 150 million streaming subscribers by 2026
For comparison, Netflix has nearly 302 million global subscribers, while Disney+ has 124.6 million
Meta resolves Instagram Reels glitch that displayed violent content
Users report seeing inappropriate content despite enabling Instagram’s "sensitive content control" setting designed to filter such material
DeepSeek AI expands into home appliances with major brand partnerships
Smart home devices function with voice commands, and DeepSeek’s AI upgrades their responsiveness
China’s Baidu and CATL to develop competitive driverless vehicle models
Baidu will contribute its AI capabilities to support CATL’s digital transformation at the chip, platform, and application levels
Amazon launches Alexa+ to upgrade voice assistant with generative AI
Alexa+ will be free for Amazon Prime members and cost $19.99 per month for non-Prime users