Articles[tech] (Page 103)

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Iran war: Billions of dollars at risk for US tech companies

(Tech-Economic Times / 2026-03-13 00:30)

Iran has threatened to target US technology company infrastructure in the Gulf, risking billions in digital assets and global tech disruption. The region hosts critical cloud data centers and submarine cables, and past attacks have caused significant operational losses and service outages.

Major cloud providers are considering moving workloads to safer locations like India and Singapore. The threats also expose risks to global supply chains, including helium for semiconductor manufacturing, and could impact a wide range of businesses relying on these digital platforms.

The main topics covered are the Iranian threat to tech infrastructure, the scale and value of Gulf digital assets, the consequences of past and potential attacks, the strategic shift of data workloads, and the broader risks to global commerce and supply chains.

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NxtGen gears up for enterprise play with its Rs 3,600 crore sovereign AI factory

(Tech-Economic Times / 2026-03-13 00:30)

NxtGen Cloud Technologies has invested Rs 3,600 crore to build a sovereign AI factory in Bengaluru, a specialized high-density computing facility optimized for large-scale AI training and inference. The infrastructure features a cluster of 4,000 Nvidia Blackwell GPUs across 512 servers, with technology and hardware partnerships involving Dell, Nvidia, AMD, CommScope, and Vertiv.

The project is funded through a mix of equity from promoters and a real estate group, and debt, managed by a new entity called NxtGenAI. The facility is designed for population-scale AI inference, with a distributed storage architecture to reduce latency, and it currently has 60 use cases in production.

The company plans an additional Rs 3,600 crore investment to deploy a second 4,000-GPU cluster before the year's end.

Main Topics: Corporate investment and partnership; AI infrastructure and technology specifications; project funding and structure; technical design goals for efficiency.

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Adobe's longtime CEO Shantanu Narayen to exit role amid AI disruption

(Tech-Economic Times / 2026-03-13 01:30)

Adobe CEO Shantanu Narayen will step down after 18 years, a move that caused the company's stock to drop over 7% due to investor concerns about its strategic direction during a pivotal AI transition. The announcement comes as Adobe faces industry disruption from new AI tools that threaten its dominant creative software business and traditional subscription models.

Despite this leadership uncertainty, Adobe reported strong quarterly financial results, with revenue and earnings exceeding analyst expectations. The company is aggressively investing in AI to bolster its product suite, but investor skepticism about the timing and payoff of these investments has contributed to a significant decline in its share price this year.

Main topics: Adobe CEO transition, financial performance, competitive threats from AI, and investor concerns over AI strategy and monetization.

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From stock tips to blind dates: why Chinese are obsessed with ‘raising’ a lobster

(Tech - South China Morning Post / 2026-03-13 01:30)

Chinese users are enthusiastically adopting the OpenClaw AI tool for a diverse range of activities, including stock trading, office work, entertainment, and even arranging blind dates. While tech professionals are early adopters, broader public interest is driven by curiosity, speculation, and fear of missing out on the AI trend.

Specific examples highlight its use in finance, with one user reporting profitable stock trades based on its suggestions, while another experienced losses, illustrating mixed results. The trend has sparked significant social media excitement, particularly around the AI's potential to enable individual quantitative investment strategies.

Despite the widespread experimentation, concerns persist regarding the tool's costs and the reliability of its data.

Main topics: Adoption and diverse applications of the OpenClaw AI tool in China; its specific use in stock trading and investment with mixed results; public motivation and social media hype; underlying concerns about costs and data reliability.

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Ecomm players catching up in qcomm; Iran's tech targets

(Tech-Economic Times / 2026-03-13 01:31)

Major ecommerce players Flipkart and Amazon are aggressively expanding their quick-commerce operations in India by rapidly adding dark stores and micro-warehouses. This expansion contrasts with earlier entrants in the sector, who are now slowing growth to focus on profitability.

Iran has warned it could target digital infrastructure in the Gulf linked to major US tech companies like Google and Microsoft, risking billions in assets and potentially disrupting the global cloud services ecosystem.

Urban mobility startup Rapido has secured investment from Accel Leaders Fund as part of a large funding round, as it holds a significant market share and expands into food delivery.

Main Topics: Quick-commerce expansion in India; Geopolitical threats to tech infrastructure in the Gulf; Funding and growth of an Indian mobility startup.

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Amazon plans to move Prime Day event to June from July: Bloomberg

(Tech-Economic Times / 2026-03-13 01:59)

Amazon is planning to shift its Prime Day sales event from July to late June, a rare calendar change for the decade-old promotion. This move would place the major shopping event within Amazon's second fiscal quarter and align it more closely with back-to-school shopping.

The event, known for deep discounts across many product categories, drove $24.1 billion in U.S. online spending last year. Amazon faces increasing competition from rivals like Walmart and Target, which are expanding their own digital sales and fast-delivery deal events.

Main topics: Amazon Prime Day date change, the event's sales impact, and increasing competition from other retailers.

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Microsoft's Rajesh Jha, head of experiences and devices unit, to retire

(Tech-Economic Times / 2026-03-13 02:28)

Rajesh Jha, a key Microsoft executive overseeing Windows, Microsoft 365, and hardware like Surface, is retiring after over 30 years. He will transition to an advisory role on July 1, with his departure being part of a planned succession.

Several leadership promotions were announced concurrently, including Jeff Teper, Sumit Chauhan, and Kirk Koenigsbauer. This follows another recent high-level retirement, that of gaming division head Phil Spencer.

The main topics covered are executive retirement, leadership succession, and internal promotions at Microsoft.

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Meta pushes AI model 'Avocado' rollout to May or later, NYT reports

(Tech-Economic Times / 2026-03-13 02:31)

Meta has delayed the launch of its new AI model, code-named "Avocado," from this month to at least May or June. The postponement is due to the model's performance, which currently falls between Google's Gemini 2.5 and Gemini 3, lagging behind rival offerings.

Despite this delay, Meta is making massive investments in AI, with capital expenditures planned between $115 billion and $135 billion this year in pursuit of advanced "superintelligence." The company is also developing its own AI chips.

Internally, Meta's AI leaders have discussed the temporary option of licensing Google's Gemini technology to power its products, though no final decision has been made. The company states its upcoming models will demonstrate a rapid trajectory of improvement.

Main topics: Meta's AI model delay, performance comparison with competitors, significant AI investment and infrastructure, and potential licensing of rival technology.

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Anthropic invests $100 million into Claude AI program

(Tech-Economic Times / 2026-03-13 02:40)

Anthropic has launched the Claude Partner Network, a free program to help partner firms adopt its Claude AI model, backed by an initial $100 million investment for 2026. The program offers partners technical certification, training, support, and eligibility for investment, with plans to significantly expand its partner-facing team.

Concurrently, Anthropic is involved in a legal dispute with the Pentagon, which has labeled the company a supply-chain risk. Anthropic is seeking a court stay against this designation, warning it could result in billions of dollars in lost revenue.

The main topics covered are the launch and details of the Claude Partner Network, and Anthropic's ongoing legal dispute with the Pentagon.

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Musk's X to change verification system in Europe: Report

(Tech-Economic Times / 2026-03-13 03:01)

Elon Musk's company X has agreed to change its verification mechanism in the European Union after receiving a €120 million fine from EU tech regulators. The fine was the first sanction under the EU's Digital Services Act (DSA), following a two-year investigation.

The European Commission had charged X with deceiving users, arguing its blue checkmark system after Musk's acquisition misled users, as it denoted a paid subscriber rather than a verified identity. X has now submitted proposed remedies to the EU regarding this verification feature.

The main topics covered are the EU's regulatory action against X under the DSA, the fine and required changes to the verification system, and the specific complaint that the blue checkmark was deceptive.

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BESI attracts takeover interest as advanced chip packaging demand surges

(Tech-Economic Times / 2026-03-13 03:16)

BE Semiconductor Industries (BESI) is evaluating takeover interest from major chip equipment makers, including Lam Research and Applied Materials, due to the strategic value of its advanced packaging technology. The confidential talks, which began in mid-2025, were paused due to geopolitical tensions but have recently resumed.

The core driver of the interest is BESI's critical role in advanced packaging, a key industry bottleneck that enables next-generation AI and high-performance computing chips. Applied Materials, already BESI's largest shareholder with a 9% stake, is seen as a likely eventual buyer.

Main topics: Potential acquisition of BESI, strategic value of advanced chip packaging technology, interested parties (Lam Research, Applied Materials), and geopolitical influences on the deal.

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One-fifth of Australian teens still use TikTok, Snapchat after social media ban

(Tech-Economic Times / 2026-03-13 03:27)

Data shows that over 20% of Australian teenagers aged 13-15 were still using social media apps like TikTok and Snapchat two months after a national ban on minors under 16 took effect. While usage of these platforms fell significantly following the December ban, the figures indicate age-gating methods are not completely effective.

The report from parental control software maker Qustodio provides early insight into the ban's impact, noting a steeper decline in use than typical seasonal patterns. Australia's eSafety Commissioner stated it is monitoring compliance, as platforms face large fines for failing to block underage users.

Main topics covered: The effectiveness of Australia's social media age ban, early data on teen usage post-ban, platform compliance and regulatory oversight.

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China's ByteDance gets access to top Nvidia AI chips, WSJ reports

(Tech-Economic Times / 2026-03-13 03:30)

ByteDance is assembling significant computing power using high-end Nvidia chips outside of China, specifically in Malaysia. The company is partnering with Southeast Asian firm Aolani Cloud to deploy approximately 500 Nvidia Blackwell computing systems.

This deployment would total roughly 36,000 advanced B200 chips. The move appears focused on securing advanced AI hardware amid ongoing U.S. export restrictions on such technology to China.

The main topics covered are ByteDance's international operations, the acquisition of Nvidia AI chips, and the geopolitical context of technology restrictions.

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Truecaller now lets you hang up on scammers — on behalf of your family

(TechCrunch / 2026-03-13 04:30)

Truecaller has launched a free, worldwide "family protection" feature allowing a tech-savvy user to become an admin for a group of up to five people. The admin receives alerts about potential scam calls to group members and can remotely end those calls on Android devices, though call ending is not available on iOS.

The feature includes additional monitoring tools for Android, such as detecting if a member is walking or driving, to help admins protect vulnerable family members. Admins can also block specific numbers and share blocklists, but they cannot access members' non-spam call or SMS history.

The launch responds to rising global scam calls, with Truecaller identifying billions last year. The company is exploring AI to enhance the feature, such as screening calls for scam keywords, while facing business challenges like declining ad revenue and stock value.

Main Topics: Truecaller's new family protection feature, its functionality and limitations, the context of rising scam calls, and the company's exploration of AI and current business challenges.

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Cambricon, China’s ‘little Nvidia’, to pay maiden dividend after profitable 2025

(Tech - South China Morning Post / 2026-03-13 04:34)

Cambricon Technologies, a Chinese AI chip designer, will pay its first-ever dividend following its first full-year net profit since its 2020 listing. The dividend and share buy-back plan totals 652 million yuan, representing nearly one-third of its 2025 net profit of 2 billion yuan.

The company's profitability is attributed to strong demand for its AI chips, including its "Siyuan" series for data centers and edge computing. Its chips have achieved significant sales and are compatible with major Chinese AI models like DeepSeek, Alibaba's Qwen, and Tencent's Hunyuan.

Main topics: Cambricon's financial results (profit, dividend), its AI chip products and sales, and its compatibility with Chinese AI models.

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