US TECH
EU asks Amazon for more info on Digital Services Act compliance "In particular, Amazon is asked to provide detailed information on its compliance with the provisions concerning transparency of the recommender systems (...)," the EU said in a statement.
05 Jul, 2024, 11.48 PM ISTAmazon Fourth of July Sales 2024: Steep discounts on hundreds of items: Kitchen equipment, luggage essentials, Apple tech and more The retail giant has come out with Amazon's Fourth of July Sales 2024, which spans every category, including home and kitchen items, luggage essentials, Apple tech and more. Buyers can find all their favorite Fourth of July sales on Amazon. Amazon h...
03 Jul, 2024, 07.53 PM ISTJapan's Nikkei rises as tech stocks track US growth shares The machinery sector outperformed all other segments, leading as the top performer among TSE's 33 industry sub-indexes.
03 Jul, 2024, 12.30 PM IST- ADVERTISEMENT
Echoes of dotcom bubble haunt AI-driven US stock market AI enthusiasm, along with a robust economy and improved earnings, has driven the S&P 500 index to new highs this year, surging over 50% since October 2022. The Nasdaq Composite, heavily influenced by technology stocks, has soared more than 70% since...
02 Jul, 2024, 03.38 PM ISTWho is Rishi Shah: The man who defrauded Goldman Sachs, Google of $1 billion Rishi Shah, co-founder of Outcome Health, has been sentenced to seven and a half years in prison for orchestrating a $1 billion fraud scheme involving his healthcare advertising startup. The case has impacted major investors and drawn attention to c...
02 Jul, 2024, 01.56 PM ISTAs AI gains a workplace foothold, US trying to make sure workers don't get left behind Bridging the digital equity gap through AI education is crucial. Marvin Venay stresses the importance of inclusive initiatives for overcoming barriers. Accessible internet and affordable technology are essential components for empowering individuals...
29 Jun, 2024, 02.27 PM ISTElon Musk says X saw record usage during US presidential debate President Biden's debate performance satisfaction contrasts with Democrats' doubts about his competitiveness against Trump, reflecting uncertainties in the upcoming election.
29 Jun, 2024, 12.47 PM ISTTech boom leads global markets through first half of 2024 The first half of 2024 was marked by soaring mega caps, political uncertainties, and remarkable movements in commodities and emerging markets. From Nvidia's market value surge to Japan's weakening yen and the rise of cryptocurrencies, the period ref...
29 Jun, 2024, 09.44 AM ISTUS-India held frank talks on Delhi's defence tech ties with Russia, says US Dy Secy of State Campbell US Deputy Secretary of State Kurt Campbell emphasized the importance of frank dialogue with India regarding New Delhi's ties with Russia, particularly in the technology sector, including defense. Despite US concerns about potential technology leakag...
27 Jun, 2024, 09.14 AM ISTUS stocks struggle for direction as investors evaluate tech trade Financial markets experience shifts as key tech and retail companies show varied performance. Wall Street awaits crucial inflation data. Analysts predict possible sector rotation based on earnings and inflation trends.
26 Jun, 2024, 10.47 PM ISTEuropean tech must keep pace with US, China: Meta's Nick Clegg Europe is lagging behind both the United States and China when it comes to technology and innovation, top executive with US firm Meta Nick Clegg has told AFP. Clegg, president of global affairs at the parent company of Facebook, Instagram and WhatsA...
24 Jun, 2024, 11.08 AM ISTWall St Week Ahead: Rally in US big tech stocks may be getting stretched The blistering rally in U.S. big tech stocks, particularly in the S&P 500, may be due for a breather amidst concerns of overheating, especially with Nvidia Corp's significant gains. Market segments like utilities are lagging behind tech stocks, prom...
22 Jun, 2024, 10.01 AM ISTUS proposes targeted restrictions for AI, tech investment in China The U.S. proposed rules to regulate investments in China to prevent sensitive technology development, supported by Treasury Assistant Secretary Paul Rosen.
21 Jun, 2024, 10.50 PM ISTHow tech giant NVIDIA climbed to the top of the stock market, AP Explains Tech giant Nvidia is now worth over $3.2 trillion, with its dominance as a chipmaker making it the poster child of the artificial intelligence boom. After the stock's swift rise on Wall Street it briefly topped Microsoft as the most valuable company...
21 Jun, 2024, 10.11 AM ISTIndian IT engineers are a cricket craze in the US Indian IT professionals from companies like Cognizant, ServiceNow, and Cigniti are actively involved in promoting cricket in the USA during the T20 World Cup matches. The IT industry's role includes owning cricket franchises, sponsoring leagues, and...
19 Jun, 2024, 09.09 AM ISTAsian stocks rise on tech rally, Fed rate cut wagers Asian shares rose to a three-week high driven by tech stock rally as the dollar struggled post soft U.S. retail sales data, hinting at potential Fed rate cuts.
19 Jun, 2024, 08.16 AM ISTUS, India must stay at tech forefront, says Ajit Doval India and the US must remain at the forefront of technology to protect and defend their value systems and strategic interests. National Security Advisor Ajit Doval and American counterpart Jake Sullivan attended the Initiative for Critical and Emerg...
18 Jun, 2024, 11.35 PM ISTUS sues Adobe over hard-to-cancel subscriptions The Justice Department said in its lawsuit that Adobe hid details of an expensive cancellation fee from consumers "in fine print and behind optional text boxes and hyperlinks." Adobe's website and customer service representatives made canceling addi...
18 Jun, 2024, 08.17 AM ISTBig tech is driving the S&P rally. The rest have to step up soon Tech stocks face diverging performances as Nvidia leads the pack, while Apple struggles, causing a profit cool down and an emerging asymmetry among Big Tech stocks, affecting the overall earnings potential in 2024.
10 Jun, 2024, 07.09 AM ISTWhat should investors do with defence stocks? Mayuresh Joshi answers However, I think for markets with India perspective we are very-very light right now, we still like to see over the next couple of days of what transpires on the political front and therefore the initiatives that will be taken over the next few day...
07 Jun, 2024, 08.00 AM IST