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US LAWMAKERS ON TECH FIRMS
US lawmakers seek $750 mln for Ukraine, rename Pentagon 'Department of War' in defense billThe US Senate Armed Services Committee has voted to extend security aid to Ukraine, allocating $750 million. This move signals continued co...- OpenDoor India operations closure: Who is Kaz Nejatian, CEO of US real estate tech firm who fired 250 employees?OpenDoor India operations shutdown: Opendoor CEO Kaz Nejatian confirmed the shutdown of the company's India operations, impacting approxima...
- Bill Gates reveals details about Jeffrey Epstein meeting as Microsoft co-founder faces tough questions about relationship with financierBill Gates said that he ended the relationship in 2014 after concluding Jeffrey Epstein could not deliver on those promises.
- US Stocks: US markets dips as tech declines, Middle East tensions mountU.S. stock indexes opened lower on Wednesday, continuing a selloff in technology stocks. Renewed U.S.-Iran tensions also weighed on the mar...
- Trump presence at NATO summit 'significant' for alliance's stability: Turkey's Prez ErdoganPresident Trump's presence at the NATO summit in Ankara next month is vital for the alliance's stability. This meeting is considered highly...
- To win the deep-tech race, India needs ‘General Innovation Rules’India is launching ambitious science initiatives. However, current financial rules designed for conventional procurement hinder R&D. A new ...
- ‘Outcome-based’ contracts risk revenue growth for tech firmsThe increasing adoption of AI is driving Indian IT firms and clients towards outcome-based contracts. While this shift aims to improve clie...
- Global Markets: European shares edge higher with banks in the lead; the Middle East in focusEuropean markets saw a rise on Tuesday. Banking stocks led the gains, with Italian lenders drawing attention. Tech stocks stabilized after ...
- US lawmakers urge tighter rules on contract chipmakers supplying Chinese firms' overseas unitsThis comes after the Trump administration last week moved to halt a potential loophole that may have led companies to export advanced chi...
- US says BYD, Baidu and Alibaba and other tech giants are aiding China's militaryThe U.S. has updated its list of Chinese companies aiding Beijing's military, adding tech giants like Alibaba and Baidu, alongside chipmake...
- UK sets out $1.5 billion AI hardware plan with supercomputer, chip fundingBritain is investing over a billion pounds to boost its AI computing power. A new national supercomputer is planned for 2030. The country i...
- Big tech firms must stop young people circulating nude images, says UK PM StarmerUnder the new plans, companies like Apple and Google should build or activate technical solutions on smartphones and tablets to detect and...
- U.S. Stock Market prediction for Monday: Nasdaq, S&P 500, Dow Jones crash to continue in Wall Street? These factors will determineU.S Stock Market on Monday: Magnificent Seven stocks which includes AI players Nvidia, Google-parent Alphabet and Meta will be under scanne...
- White House AI policy adviser Krishnan to leave positionSriram Krishnan, a White House AI policy adviser, is set to depart his role by June's end. He is reportedly considering establishing a new ...
- US bill targets H-1B pipeline, seeks to end route to permanent residencyA Republican lawmaker has introduced legislation to overhaul the H-1B visa program, aiming to end its use as a pathway to permanent residen...
- Firms on AI spending spree: US tech companies cut most jobs in nearly 2 yearsThe tech sector said last month it planned to eliminate 38,242 positions, the most since August 2024, according to data from outplacement f...
- US House lawmakers release draft bill to regulate AIUS Representatives Lori Trahan, a Democrat, and Jay Obernolte, a Republican, released draft legislation to regulate AI, according to a ...
- UK MP sues Musk's xAI over fake sexualised imagesA British lawmaker has filed a case at London's High Court against Elon Musk's xAI after its Grok chatbot tool was used to create fake sexu...
- ThynkTech Pune India closure: Noida IT Firm shutdown leaves 500+ jobless after Rs 15,000 deposit over issuing laptops, 2 months' salary unpaidA Noida IT firm, ThynkTech India OPC Pvt Ltd, has suddenly closed its Pune office, leaving over 500 engineers, interns and employees are no...
- EU to unveil plan to wean itself off US, Asia techThe EU will set out on Wednesday how the 27-country bloc hopes to slash its dependence on American and Asian technology, and favour Europea...
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