The U.S. Defense Department has added several prominent Chinese technology giants to its annual list of companies it claims have ties to China’s military, a move that could have serious implications for these firms’ international operations. Among the companies now included on the so-called “Section 1260H list” are major players such as Tencent Holdings, battery…
Samsung Electronics, the world’s leading memory chip maker, is grappling with a slowdown in profit growth, particularly as it faces challenges in meeting the strong demand for AI chips driven by Nvidia. Despite experiencing a significant rebound in operating profit from a low base in the same quarter the previous year, the company’s earnings are…
On December 31, 2024, Russia’s state-controlled energy giant, Gazprom, announced a significant reduction in natural gas supplies to Europe via Ukraine. The company stated it would send only 37.2 million cubic meters (mcm) on Tuesday, down from 42.4 mcm on Monday. This reduction marks the final day of a five-year transit agreement that has facilitated…
Bitcoin’s journey toward mainstream acceptance has been nothing short of turbulent, but 2025 is shaping up to be a year where the cryptocurrency could break new records. As the digital asset landscape evolves, experts and industry insiders predict that Bitcoin could achieve new highs, with forecasts ranging from $150,000 to $250,000. This surge in optimism…
Artificial Intelligence (AI) is revolutionizing various sectors, and the legal industry is no exception. Traditionally, legal services have been costly and complex, often leaving low-income individuals without adequate representation. However, AI is emerging as a powerful tool to bridge this justice gap, making legal assistance more accessible and efficient. AI in Legal Aid: Bridging the…
Boeing’s stock took a notable hit in premarket trading after a deadly crash involving a Jeju Air Boeing 737-800 over the weekend prompted South Korea to order an emergency inspection of all B737-800 aircraft operated by domestic carriers. The crash, which resulted in the deaths of 179 out of 181 passengers aboard, has raised serious…
Ransomware, a form of malicious software that encrypts a victim’s data and demands payment for its release, has transformed from a niche cyber threat into a billion-dollar industry. This evolution has been marked by increasing sophistication, targeting a broader range of victims, and leveraging emerging technologies. The Genesis of Ransomware The concept of ransomware dates…
The demand for energy driven by data centers powering artificial intelligence (AI) and cloud computing is rapidly escalating, prompting the tech industry to seek new solutions to meet its growing electricity needs. With the U.S. Department of Energy predicting that global electricity use could increase by as much as 75% by 2050, much of this…
In 2024, Google experienced a year of significant transformation, marked by groundbreaking advancements in artificial intelligence (AI), internal workforce challenges, and strategic restructuring. The company’s journey through these events offers a comprehensive view of its efforts to maintain industry leadership while addressing internal and external pressures. AI Innovations and Market Position Google’s commitment to AI…
In a significant move to bolster India’s renewable energy landscape, JSW Energy, led by billionaire Sajjan Jindal, announced on December 27, 2024, that its subsidiary, JSW Neo Energy, will acquire a 4,696 MW renewable energy platform from O2 Power Pooling Pte. Ltd. The deal, valued at $1.47 billion (approximately ₹12,468 crore), underscores JSW Energy’s commitment…
business-gurus.com 