Tech
Global banks’ tech revival sparks hope for US$254 billion Indian IT sector
GLOBAL banks have started reviving the technology projects they put on ice in 2023, raising hopes for the US$254 billion Indian IT sector that makes about a third of...
Tencent’s buyback plan in focus as Chinese tech rivals catch up
INVESTORS will scrutinise any comments from Tencent Holdings about its buyback plans during on Wednesday’s (Aug 14) quarterly results announcement as its competitors catch up with its spending levels.Tencent...
Earnings growth in US finally showing up outside tech megacaps
As another quarterly earnings season from Corporate America enters its final stretch, this much is clear: The long-awaited recovery in the companies that were left out of the artificial-intelligence...
Will this California bill to regulate AI protect consumers or gut tech?
Aug. 8, 2024 3 AM PT California is a world leader in artificial intelligence — which means we’re expected to help figure out how to regulate it. The state...
UK Tech Startups Drop 11%—First Decline Since 2022
The number of tech startups being founded in the U.K. has suffered its first “marked decline” since 2022, according to accounting firm RSM UK. There were only 12,318 new...
US: Wall Street opens higher as tech stocks surge
WALL Street’s main indices opened higher on Wednesday (Aug 7) as technology stocks gained after Japan’s top policymaker calmed investor worries over interest rates after a surprise hike last...
UK Government Scraps £1.3bn Earmarked for AI and Tech Innovation
The U.K. government has shelved £1.3 billion worth of funding that had been earmarked for AI and tech innovation. This includes £800 million for the creation of the exascale...
Taiwan stocks fall by record 8.4% on tech sector fears
TAIWAN stocks ended down 8.4 per cent on Monday (Aug 5), a record slump, with tech stocks including TSMC plunging as investors sold off one of Asia’s top-performing markets...
