India is poised to overhaul its import policy for laptops, tablets, and personal computers beginning in January, as the government seeks to boost domestic manufacturing and reduce dependency on foreign technology. This strategic shift aims to encourage companies, particularly giants like Apple, to establish more manufacturing capabilities within the country. The implications of this move…
Messaging apps, including WhatsApp, are primarily free to use, which raises the question: how do these platforms make money? With nearly three billion users globally, the operational costs associated with running such a large-scale service are significant, yet users do not pay to access basic functionalities. WhatsApp, owned by Meta, monetizes through corporate customers rather…
This week, a significant diplomatic crisis erupted between Canada and India following serious allegations from Canadian officials that suggested involvement of Indian government agents in murder and extortion schemes on Canadian soil. As relations reach an unprecedented low, the potential ramifications extend far beyond the political sphere, raising critical concerns about immigration processes and economic…
European carmakers are making a bold push to reclaim their market share in the electric vehicle (EV) space, unveiling a range of affordable EV models at the Paris Motor Show. This strategic move aims to counter the rising competition from Chinese automakers, who have captured significant market share with their low-cost EV offerings. The event,…
The European Union’s new NIS 2 cybersecurity directive, aimed at strengthening the cyber defenses of businesses across Europe, is off to a sluggish start as many member states failed to meet a key enforcement deadline. The directive, which officially became enforceable last Thursday, sets new, tougher standards for cybersecurity, including risk management, transparency obligations, and…
Investors and analysts are expressing skepticism about ASML, a leading computer chip equipment maker, after the company revised its financial guidance for 2025 downward, citing weakness in markets beyond artificial intelligence (AI) and delays in customer orders. As Europe’s most valuable technology company, ASML plays a critical role in supplying chipmakers with essential lithography tools…
JPMorgan Chase, the largest lender in the United States, is strategically positioning itself to expand its influence in Africa, with plans to enter the markets of Kenya and Ivory Coast this year. CEO Jamie Dimon revealed this ambitious initiative during a recent interview with Reuters, highlighting the bank’s commitment to growth in international markets. With…
A shift to an electric vehicle (EV)-only future could lead to significant job losses among workers involved in engine-related technologies, a concern highlighted by Toyota Motor’s chairman, Akio Toyoda, on Thursday. With approximately 5.5 million people engaged in the automotive industry in Japan, many have dedicated their careers to traditional engine work, raising questions about…
Venture capital (VC) investors in the United States are navigating a complex landscape of economic uncertainty and changing market dynamics, as highlighted in a recent PitchBook-NVCA report released on Thursday. While the public markets have seen a rally, the venture capital industry faces significant challenges that have led to a cautious approach toward dealmaking. The…
The rivalry between Apple and Samsung is set to intensify as both tech giants expand their focus on health-driven wearable technology, with Apple rumoured to launch a connected ring by 2026. According to a report by CCS Insight, Apple’s potential entry into the smart ring market would put it in direct competition with Samsung, which…
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