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India demands $601 million from Samsung
Mar 26,2025
Samsung, the largest smartphone manufacturer in India, is under pressure from the Indian government over an alleged tax evasion involving telecom equipment imports. Authorities claim the company dodged import tariffs between 2018 and 2021 by misclass...
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PsiQuantum targets functional quantum machine by 2029
Mar 26,2025
Quantum computing firm PsiQuantum is reportedly raising at least$750 million in a new funding round led by BlackRock, pushing the startup's pre-money valuation to$6 billion. The round remains ongoing, but it signals strong investor confidence in PsiQ...
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Samsung loses Qualcomm chip deal
Mar 26,2025
Qualcomm is reportedly passing over Samsung for its upcoming Snapdragon 8s Gen 4 chip, choosing instead to stick with Taiwan's TSMC for manufacturing. Despite Samsung's proven 4nm process and efforts to regain market confidence, Qualcomm appears hesi...
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SpaceX edges closer to Indian market with Starlink agreements
Mar 26,2025
Starlink is on the verge of securing regulatory approval in India, a move that could accelerate its expansion into other emerging markets. Industry analysts believe gaining a foothold in India, valued at an estimated$25 billion, would strengthen the ...
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Ticketmaster under fire for misleading Oasis ticket sales
Mar 25,2025
Ticketmaster is facing scrutiny from the UK's Competition and Markets Authority (CMA) over concerns it may have breached consumer protection laws during the recent sale of Oasis reunion tour tickets. The CMA launched an investigation after fans compl...
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DeepSeek launches V3 to challenge OpenAI
Mar 25,2025
Chinese AI startup DeepSeek has unveiled a major upgrade to its V3 large language model, intensifying the competition with US tech giants like OpenAI and Anthropic. The new model, DeepSeek-V3-0324, is available via the AI development platform Hugging...
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DNA-testing firm 23andMe faces financial collapse
Mar 25,2025
23andMe has filed for bankruptcy in the US after struggling with declining demand for its ancestry kits and a major data breach in 2023. The firm, once valued at nearly$6 billion, has seen its market worth plummet, with shares dropping 50% to just 88...
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Bitcoin giant Strategy plans another BTC shopping spree
Mar 25,2025
Bitcoin-focused firm Strategy has announced a new$711 million preferred stock offering as part of its ongoing efforts to grow its massive BTC holdings. The shares, priced at$85 with a 10% coupon, are part of the company's strategy to raise both equit...
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US retailers resist price hikes amid tariff pressures
Mar 24,2025
US retailers Walmart and Target are engaged in tense negotiations with suppliers over proposed price increases on a wide range of products. Manufacturers argue that rising costs, driven by tariffs imposed under former President Donald Trump, are maki...
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SEC lawsuit against Elon Musk sparks political debate
Mar 24,2025
The US Securities and Exchange Commission (SEC) voted 4-1 to sue Elon Musk over his delayed disclosure of Twitter shares, a move that has sparked political controversy. Republican Mark Uyeda, now the agency's acting head, opposed the lawsuit, while t...
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Gmail uses AI to find emails faster
Mar 24,2025
Google has introduced a new AI feature in Gmail aimed at making email searches faster and more accurate. Instead of simply listing messages by date or keyword, the updated system now considers user habits, including frequently opened emails and commo...
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Malaysia under scrutiny over semiconductor exports to China
Mar 24,2025
Malaysia plans to tighten regulations on semiconductor shipments following US concerns over the potential transfer of high-end Nvidia chips to China. Trade Minister Zafrul Aziz stated that the United States has urged Malaysia to closely monitor shipm...
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