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US Stocks: Nasdaq, S&P end lower as tech megacap declines outweigh upbeat chip outlookIndian markets saw a mixed close on Thursday. While the Nasdaq and S&P dipped due to Big Tech's AI spending concerns, the Dow edged higher....- Mind Games: Talent wars heat up as AI startups take on Big TechA fierce talent war is raging in the AI sector, with tech giants like Google facing significant researcher departures to rivals OpenAI and ...
- EU targets Amazon, Microsoft cloud units for Big Tech 'gatekeeper' rulesEU antitrust regulators are eyeing Amazon and Microsoft's cloud services, AWS and Azure, as potential 'gatekeepers' under new tech rules. T...
- Amazon, Microsoft cloud computing services should fall under EU tech rules: regulatorsEU antitrust regulators have preliminarily identified Amazon Web Services and Microsoft Azure as 'gatekeepers' under the Digital Markets Ac...
- Comcast-owned Sky reaches terms to buy ITV's broadcast unit, sources saySky is reportedly close to acquiring ITV's broadcast and streaming division for £1.6 billion, with ITV set to gain "The Great British Bake ...
- Australia teen social media ban has little impact: researchAustralia's social media ban for under 16s has had little impact on teenagers' scrolling habits, researchers said Thursday in one of the fi...
- AI is an energy and water hog, here's what you can do to counter thatEvery online query, especially those powered by AI, significantly increases energy and water consumption, experts warn. AI's growing demand...
- Talent twist: Silicon Valley's India story takes an unexpected turnThe prospective appointment of Kunal Shah to a leadership position at WhatsApp exemplifies an emerging pattern: Indian founders are increas...
- Why Meta tapped Kunal Shah; Beauty’s new factory boomHappy Wednesday! Meta just handed WhatsApp’s steering wheel to Cred’s Kunal Shah, betting he can turn India’s favourite chat app into a pay...
- K-Drama on Tech Street: AI rout hits global marketsTechnology stocks experienced a significant downturn, pulling major indices lower as a sharp selloff in Korean chipmakers raised concerns a...
- Kunal Shah’s WhatsApp coronation is a masterclass in dealmakingShah is stepping down as Cred’s chief executive, with finance and strategy head Miten Sampat taking over on an interim basis. Shah becomes ...
- Kunal Shah’s WhatsApp win; India bourses insulated from AI boomIn bagging the top job at WhatsApp, Cred’s Kunal Shah has done what no Indian entrepreneur could do. This and more in today’s ETtech Top 5.
- Meta's Cred deal showcases new playbook: take stake, hire the founderMeta is strategically acquiring minority stakes in tech firms and integrating their founders into senior roles, a pattern evident with Cred...
- Kunal Shah's WhatsApp appointment underscores India's expanding Big Tech footprintKunal Shah, CRED founder, is set to lead WhatsApp globally, joining a distinguished line of Indian-origin tech leaders. This appointment hi...
- US House committee reaches bipartisan agreement on youth social media rulesUS House Energy and Commerce Committee leaders announced a bipartisan agreement on regulating youth social media use. While details remain ...
- Meta signs new AI computing deals with data center firm Crusoe: ReportMeta is under contract to buy computing capacity from Crusoe at two data centers, which are located in Childress, Texas, and Warrenton, Mi...
- Bernie Sanders pushes 50%t public stake in AI giants, $1,000 dividend payout to every AmericanSenator Bernie Sanders has introduced legislation proposing a 50% public ownership stake in major US AI companies through a one-time stock ...
- G7 leaders vow closer ties on AI as they hash out 'trusted partners' schemeG7 leaders are coordinating on advanced AI risks and opportunities. They are discussing a "trusted partners" scheme to grant non-US nations...
- Big Tech-backed coalition for carbon removal increases funding by $915 million, adds AnthropicA major coalition is injecting an additional 915 million dollars into carbon removal technology. This significant funding boost aims to sca...
- The big tech bro is watching youThe image of the capitalist villain has changed. Today's powerful figures in technology, such as Sundar Pichai, Sam Altman, and Elon Musk, ...
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