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TECHNOLOGY INDUSTRY NEWS
At California’s McCormick and Baxter Superfund site, a pilot study used hybrid poplars to treat polluted groundwater; runoff from the planted system held 99% less contaminationPoplar trees are playing a key role in detoxifying polluted groundwater at a previous industrial site. Through this innovative pilot projec...- Samsung India pays the price of costlier chips with a round of layoffsSamsung India is cutting its workforce in batches. This action stems from pressure on smartphone sales and profit margins. Memory chip pric...
- Udaan to buy Swiggy’s Lynk; India’s BRICS tech pushUdaan is set to acquire Swiggy-owned Lynk Logistics. This and more in today's ETtech Top 5.
- India’s Rs 1 lakh crore digital-media boom: Two stocks ICICI Securities is betting onIndia’s digital media market crossed Rs 1 lakh crore in CY25 and is projected to grow rapidly through CY28, while television revenue declin...
- Global Market Today: Asian stocks open higher, oil rises after attacksAsian stock markets saw gains thanks to a rise in US technology stocks on Friday. Oil prices also increased following tanker attacks betwee...
- AI boom lifts Foxconn August sales to USD 29.14 billionFoxconn's August sales surged significantly, reaching the second-highest monthly total in its history. This growth was fueled by strong dem...
- DeepSeek plans big Huawei AI chip order to power new data centreThe startup doesn’t currently plan to use the 950DT chips for training, one of the people said, even though Huawei designed and marketed th...
- Nvidia buying artificial intelligence platform Hugging Face for $13 billionJensen Huang wrote in a blog post Thursday that more than 18 million developers, researchers and creators use Hugging Face to share more th...
- Slice’s big valuation cut; Betting networks under lensSlice Small Finance Bank has raised fresh funding at less than half its previous valuation. This and more in today's ETtech Top 5.
- Small investors, big money! 15 retail-heavy subscribed IPOs of 2026 deliver up to 76% returnsSmall investors have profited significantly from 2026 IPOs with strong retail demand. Many of these issues are trading well above their ini...
- 'Move faster': Nvidia’s Jensen Huang has an AI message for India, the world’s leading IT powerNvidia CEO Jensen Huang has urged India to move faster in the artificial intelligence race and build a strong domestic AI economy by levera...
- Stocks in news: Swiggy, Adani Ports, IDFC First Bank, Hexaware Technologies and Sun PharmaIndian markets experienced a sharp decline on Wednesday due to global factors. Technical analysis suggests further downside potential for t...
- For a century, journalists have had voluntary ethics code. Editors are giving it AI-era rebootThe Society of Professional Journalists is updating its ethics code after twelve years. This revision addresses the rapid emergence of arti...
- South Korea proposes record $597 billion 2027 budget to supercharge AI investmentIn its annual budget proposal, the budget ministry said the spending plan represented a 12.8% rise from 2026, marking the largest year-on...
- Stocks in news: Bharti Airtel, Happiest Minds Technologies, PVR INOX, Milky Mist Dairy and Mankind PharmaIndian equity markets ended lower on August 31, responding to prevailing global economic dynamics. A modest decline in the Nifty50 index br...
- Oracle layoffs September 1: Will employees wake up to another ‘6 a.m. email’ tomorrow after 21,000 jobs were cut as AI spending soars?Oracle layoffs 2026: Employees are reportedly bracing for another round of job cuts after Oracle eliminated around 21,000 positions earlier...
- North Korea ousts defence minister in military reshuffleNorth Korea's defense minister was dismissed in a military leadership reshuffle. Kim Jong Un oversaw structural reorganization plans decide...
- Jio Platform gets Sebi's nod for Rs 37,000 crore IPOJio Platforms has gained Sebi's green light for its anticipated initial public offering, which is projected to garner between $3.5 and $4 b...
- US stocks today: US stocks end lower as Warsh keeps inflation fight front and centreUS stocks ended lower as Fed Chair Kevin Warsh reaffirmed the central bank’s focus on bringing inflation to 2%, raising expectations for a ...
- Indian IT firms reduced H-1B dependency in last five years: NasscomIndian IT companies have invested $1.1 billion in the US over five years to build the local science, technology, engineering and maths (STE...
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