Tag: tech

  • European tech funding halves to $45 billion, back to pre-Covid levels — but AI is a bright spot

    A 3D map showing the continent of Europe. Constantine Johnny | Moment | Getty Images Venture capital investment into Europe’s tech industry plunged by half in 2023 as investors continued to reel from the effects of high interest rates, according to data from venture capital firm Atomico. However, artificial intelligence was a standout category that…

  • Weekly Tech Recap: Checkout the top tech news of the week

    1) Galaxy S24 series launch:  Samsung unveiled its flagship Galaxy S24 series at the Galaxy Unpacked event on January 17. The latest generation of flagship smartphones are powered by the Qualcomm Snapdragon 8 Gen 3 chipset and come with support for up to 7 years of software updates. The company has now also confirmed the…

  • Davos 2024: Top quotes from tech world’s leading minds on artificial intelligence

    The political and business elites of the world gathered at Davos, Switzerland, this week for the annual World Economic Forum meet. In all, about 60 heads of state and 800 CEOs were in attendance among a total of 2,800 participants, as they discussed wide-ranging issues — from climate change to economic slowdowns — at both…

  • Indian CEO of US tech company dies in stage mishap

    (This story originally appeared in on Jan 20, 2024) The US-based Indian CEO and founder of a multinational software company died and its president was grievously injured when an iron cage contraption carrying them collapsed during a corporate event at Ramoji Film City (RFC) Thursday night. The accident occurred during the silver jubilee celebrations of…

  • Apple offers rivals access to mobile payment tech in EU antitrust case

    Apple has offered to give rivals the ability to access and interoperate with its contactless payment tech in an effort to appease antitrust regulators in Europe. Apple Pay, the company’s mobile wallet feature, allows users to make purchases by simply tapping their iPhones, which run on Apple’s operating system called iOS. Since Apple controls this…

  • Congress urged to increase DOJ funds to take on tech giants’ power  

    Leaders of the House and Senate appropriations committees are facing pressure to increase funding for the Department of Justice’s (DOJ) antitrust division to aid the agency in bringing cases against the nation’s dominant tech companies, according to a letter sent Thursday.   More than a dozen advocacy groups underscored the need for increased funding, based…

  • YouTube cuts 100 employees, continuing tech layoffs trend

    Google is cutting 100 employees at YouTube, the world’s most popular video platform, adding to the hundreds of other layoffs recently announced by the parent company, multiple outlets reported Wednesday. Google, which owns YouTube, told employees at YouTube’s operations and creator management teams that their jobs were eliminated, The New York Times reported, citing an…

  • YouTube Cuts 100 Employees as Tech Layoffs Continue

    YouTube has struggled to fully recover from an advertising slowdown in the past year and has contended with strong competition from TikTok, the short-video service popular with younger users. Google has been looking for more than a year for ways to cut costs and trim bureaucracy. Last Thursday, the company eliminated more than a thousand…

  • At CES tech show, seeking robots neither too human nor too machine

    With big, expressive eyes, elfin ears and adorable cooing, Miroka and Miroki could be an apparition from your favorite cartoon. But behind their cute facade, these robots are all sensors and engineering, and designed to perform the drudgery of logistical support in hospitals or hotels. Elevate Your Tech Prowess with High-Value Skill Courses Offering College…

  • The AI-ceberg of innovations: Meet AI-first startups shaping India’s tech future

    Would ChatGPT have stumped even Jeeves? Much like the seemingly know-all gentleman’s gentleman from the pages of the master PG Wodehouse, ChatGPT seems to have all the answers on its fingertips, and has become as much a topic of drawing-room conversations as are Bollywood weddings and cricket in India, ever since the tech was unveiled…