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Companies
Supreme Court poised to decide fate of Nvidia securities fraud case
What happened The U.S. Supreme Court appears set to allow Nvidia securities fraud lawsuit to move forward. The case revolves around allegations that the chip giant misled investors regarding its involvement in the cryptocurrency mining industry between 2017 and 2018. At the heart…
Companies
Should you invest in the latest VR headset: Meta Quest 3?
____________ Virtual reality (VR) is pushing boundaries in gaming, entertainment, and even productivity, with new devices constantly emerging. The Meta Quest 3 has hit the market with promises of improved immersion, upgraded performance, and enhanced comfort. However, with VR…
Global Cloud Services
Narrow AI vs. general AI: What’s the real difference?
Artificial Intelligence (AI) has become a cornerstone of modern technology, influencing everything from healthcare to entertainment. However, not all AI systems are created equal. Broadly, AI can be classified into two categories: narrow AI and general AI. While both fall under…
Asia-Pacific Institutional
Musk’s Starlink seeks security clearance to enter the satellite internet market in India
What happened Elon Musk’s Starlink is working on securing Indian government approval for its satellite broadband services. As part of the process, Starlink must obtain security clearance from the Indian authorities to operate in the country’s growing internet market. This move is…
Global Cloud Services
How will AI ethics impact society?
As advancements in artificial intelligence (AI) continue at a rapid pace, the dream of achieving General AI (AGI) — machines capable of performing any intellectual task a human can do — is steadily edging closer to reality. While much of today’s AI is narrow, focusing on specific…
Companies
Netflix’s ad-supported plan hits 70 million users globally
What happened Netflix’s journey into advertising has taken a remarkable turn. Once staunchly opposed to commercial interruptions in its content, the company now reports a booming success for its ad-supported streaming tier. With 70 million global users, Netflix’s ad-supported…
Africa Regional ISP
What’s RPKI in networking?
Resource Public Key Infrastructure (RPKI) is a vital framework that enhances the security of internet routing. Designed to secure the Border Gateway Protocol (BGP), RPKI mitigates vulnerabilities like route hijacking and leaks by cryptographically validating route advertisements.…
Companies
Top tech news today: November 13, 2024
Top tech news today: Bitcoin still hits record highs with Trump boost, Visa teams with Affirm on a new payment card, Starlink expands internet in Chad. 1. Bitcoin rally nears $90,000 on Trump boost Bitcoin’s record-breaking rally is approaching $90,000, driven by renewed interest…
Companies
Juniper Networks backs Recogni’s edge AI breakthrough
What happened The two companies announced on Tuesday (November 13) that the network equipment manufacturer Juniper Networks has invested in the AI company Recogni. This is part of a late-stage funding round of $102 million. Juniper Networks announced its collaboration with…
Asia-Pacific Cloud Services
Zeiss doubles down on India with new tech centre
_________________ What happened German optical tech giant Carl Zeiss AG has opened its first global capability centre (GCC) in Bengaluru, India, investing in the country’s growing tech talent. The centre will focus on cloud computing, cybersecurity, and software services for its…
Companies
Amazon, Flipkart in hot water as India cracks down
What happened According to Reuters, the Indian government plans to summon executives from Flipkart and Amazon for a deeper investigation into possible violations of foreign investment rules. The latest raid was triggered by the results of antitrust investigations into Amazon and…
Companies
Japan launches $65B plan to support chip and AI industry
What happened Japanese Prime Minister Shigeru Ishiba has announced a $65 billion plan to boost Japan’s semiconductor and AI industries through subsidies and incentives, aiming for ¥10 trillion in support by 2030. The initiative focuses on strengthening chip supply chains amid…
Global Cloud Services
Why big data analytics is important for business growth
As businesses become more reliant on digital platforms, data has evolved into a core element driving decision-making processes. It’s no longer enough to simply collect data—organisations must actively analyse it to stay ahead of the competition. Big data analytics plays a crucial…
Asia-Pacific Institutional
Chinese tech giant Huawei seeks dismissal of US criminal charges
What happened The Chinese technology company Huawei recently requested that the U.S. District Court in Brooklyn dismiss most of the criminal charges against it. U.S. prosecutors allege that Huawei stole trade secrets from American competitors and misled banks about its business…
Companies
LightOn launches Europe’s first genAI IPO
What happened French generative AI startup LightOn announced on November 8 that it has launched an initial public offering (IPO) on Euronext Growth Paris, making it the first genAI startup in Europe to go public. In a statement, LightOn’s CEO outlined the company’s current…
Global Cloud Services
Pinterest stumbles with weak holiday forecast, trails big rivals
What happened Pinterest on Thursday (November 7) stated that its fourth-quarter sales are expected to reach between $1.13 billion and $1.15 billion. According to data compiled by Bloomberg, the midpoint of this range falls below Wall Street analysts’ average forecast. The stock…
Asia-Pacific Institutional
Trump’s victory and Musk’s role: Politics and tech collide
The Atlantic CEO Nicholas Thompson has shared his thoughts on Donald Trump’s election victory, focusing on Elon Musk’s instrumental role in the race and what their alliance might mean for Musk’s businesses. Thompson, leading a publication that has ardently opposed Trump’s…
North America Institutional
OpenAI CEO Sam Altman purchases chat.com domain for $15M
What happened Following the US election result came out on Nov 7th. Sam Altman posted on X social media platform congrats president Trump on his winning. He then posted a chat.com domain without any words in a post follow his congratulations thread. The domain chat.com is…
Companies
Pinterest stock plunges despite Q3 revenue increase
What happened Pinterest announced 2024 third quarter result revenue of over $898 million, an increase of 18% and a 11% increase on global active user growth. Pinterest’s revenue in Europe grew 20% compared to last year, with 16% growth in the U.S. and Canada and 18% growth for…
Europe and Middle East Cloud Services
Netflix Paris and Amsterdam offices raided in tax fraud investigation
What happened French and Dutch authorities recently raided Netflix’s offices in Paris and Amsterdam as part of an investigation into alleged tax fraud by the streaming giant. French judicial sources revealed that investigators specialising in financial crimes and corruption…