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MICHAEL BURRY BIG TECH WARNING
Enterprise SaaS becomes 'condition for survival' in Indian BFSI as demand outpaces frictionFinancial services in India are embracing Enterprise SaaS as a survival necessity, driven by regulatory demands and customer expectations. ...- Funding the 'mother of all cycles': Chris Wood cuts Indian stocks to double down on South Korean chip giantsChristopher Wood has cut select Indian equities to increase exposure to South Korean chipmakers like SK Hynix and Samsung Electronics, bett...
- Ambient intelligence: How AI is becoming omnipresent in our lives and the implicationsAmbient intelligence, once a futuristic concept, is now a consumer reality with AI embedded in everyday devices like smart glasses and ring...
- Australia toughens kids' social media ban, doubles potential penalties for tech firmsAustralia is doubling penalties for tech firms failing to enforce its child social media ban, as evidence shows limited impact on teen usag...
- Chris Wood’s big warning: The specific risk that will finally trigger the end of AI tradeJefferies strategist Chris Wood believes the AI boom will end not because of a chip glut, but when investors realise hyperscalers cannot ge...
- SpaceX set to join Nasdaq 100, paving way for wave of passive buyingSpaceX is set to join the Nasdaq 100 index on July 7, a move expected to attract billions in passive investment. This inclusion follows Nas...
- Trump threatens 100% tariff on nations taxing US tech giants, warns trade deals won't matterUS President Donald Trump has issued a stern warning, threatening a hefty 100% tariff on all goods from nations implementing digital servic...
- EU proposes extending Ukrainian protection to 2028, limit men of fighting ageThe EU proposes extending temporary protection for Ukrainian refugees until March 2028, but may restrict access for military-aged men witho...
- 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...
- 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...
- US stocks: Nasdaq, S&P end lower in volatile session as tech stocks retreatTech stocks pulled down the Nasdaq and S&P 500 due to valuation worries and concerns over AI spending, falling crude prices bolstered airli...
- 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...
- Global markets | Australian shares rise modestly as sticky core inflation keeps rate hike bets aliveAustralian shares edged higher on Wednesday, a cautious advance following inflation data. While headline inflation eased, core inflation ti...
- 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 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...
- What is an incel manifesto? Reports linked to Montreal shooting suspect contain misogynistic and antisemitic rhetoricA deadly shooting in Montreal's Côte-des-Neiges neighborhood, which claimed the lives of a police officer and a civilian, is being linked t...
- AI startup Baseten hits $13 billion valuation as Australia's Blackbird makes record betThe round was led by U.S.-based investors Sands Capital and Wellington Management, Baseten said late on Monday. Top Australian venture ca...
- 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 ...
- Hero of the day from America: One brave decision by a 10-year-old helped save an entire family from a house fireA 10-year-old California girl is being hailed as a hero after helping save her family from a house fire that broke out in the early hours o...
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