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  tech 5

  Meesho gets Rs 1,500 crore tax demand for alleged under-reporting of income

  (Tech-Economic Times / 2026-03-07 07:22)

  The Indian e-commerce platform Meesho has received a tax demand of approximately Rs 1,500 crore from the income tax department for the 2022-23 financial year, alleging under-reported income. The company is contesting the assessment, stating it has strong legal grounds and that the notice does not materially impact its financials.

  This dispute follows a similar tax notice for fiscal 2022, which Meesho is already challenging in the Karnataka High Court. The court has granted an interim stay on the earlier demand while the case is pending.

  The tax adjustments are common in e-commerce and often relate to the treatment of expenses like customer discounts and incentives, which authorities may dispute as fully deductible. Meesho's recent financial results show a significant increase in net losses despite rising revenue.

  Main Topics: Meesho's tax dispute, financial performance, legal challenges, e-commerce taxation practices.

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  tech 5

  Meesho gets Rs 1,500 crore tax notice from I-T department

  (Tech-Economic Times / 2026-03-07 07:22)

  The Indian e-commerce company Meesho has been issued a tax demand of approximately Rs 1,500 crore by the Income Tax Department for the 2023-24 assessment year. This demand results from adjustments made by authorities to the company's reported income.

  Meesho strongly disagrees with the assessment and intends to contest it, stating it has legal grounds to do so. It notes a similar demand for the previous year is currently under an interim stay by the Karnataka High Court.

  The company asserts the notice will not majorly impact its financial position or operations. This development follows Meesho's recent stock market listing and a period of significant revenue growth alongside widening quarterly losses.

  Main Topics: Tax dispute, financial results, legal action, company reassurance.

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  tech 5

  ZTE’s computing revenue jumps 150% amid AI boom, but profits fall 33%

  (Tech - South China Morning Post / 2026-03-07 07:36)

  ZTE reported a 10.4% increase in annual revenue, driven by a 150% surge in its computing business fueled by AI and data-center demand. However, the company's net profit fell by 33.3% due to weaker sales and margins in its traditional telecom equipment sector.

  The profit decline was attributed to a slowdown in operator spending on network gear and a strategic shift in business structure. Despite the profit drop, ZTE is aggressively expanding its computing infrastructure, with server and data-center solution revenues growing 200% and 50%, respectively.

  The main topics covered are ZTE's financial results, the contrasting performance between its high-growth computing/AI business and its declining traditional telecom segment, and the company's strategic focus on full-stack AI capabilities.

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  tech 5

  Nvidia sets $4 million target cash bonus for CEO Huang under fiscal 2027 plan

  (Tech-Economic Times / 2026-03-07 07:52)

  Nvidia has established a new executive compensation plan for fiscal 2027, setting a target cash bonus of $4 million for CEO Jensen Huang tied to specific revenue goals.

  Huang's total compensation for fiscal 2025 was $49.9 million, largely composed of stock awards. This news follows Nvidia's recent strong financial performance and a forecast for continued high revenue driven by AI processor spending.

  The main topics covered are executive compensation at Nvidia, the company's financial performance, and the broader context of AI-driven market demand.

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  tech 6

  China could see widespread use of brain-computer tech in 3-5 years, expert says

  (Tech-Economic Times / 2026-03-07 10:18)

  China expects brain-computer interface (BCI) technology to enter practical public use within three to five years, according to a leading expert. The government has elevated BCI to a core strategic industry, with a national strategy targeting major breakthroughs by 2027 and world-class firms by 2030.

  China is actively conducting human trials, matching the U.S. in number, which have already helped paralyzed patients regain partial mobility. The domestic BCI market is projected to reach 5.58 billion yuan by 2027, with the government integrating some treatments into medical insurance to bridge research and clinical application.

  While recognizing technical advances by U.S. firms like Neuralink, Chinese researchers are developing a range of invasive, semi-invasive, and non-invasive BCI systems. Experts cite China's large population, patient demand, and industrial chain as advantages for rapid progress in the field.

  Main topics: China's BCI development timeline and national strategy, the status of human clinical trials and medical applications, market projections and policy support, and a comparison of technical approaches between China and the U.S.

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  tech 6

  India made major progress toward its goal of training 85,000 semiconductor engineers

  (Tech-Economic Times / 2026-03-07 10:19)

  India's Chips to Startups (C2S) initiative has made significant progress toward its 10-year goal of training 85,000 semiconductor engineers. It has created the world's largest open-access Electronic Design Automation (EDA) program, providing industry-standard tools in 315 academic institutions and enabling students to gain practical design and fabrication experience.

  The program is set to expand to 500 institutions under India Semiconductor Mission 2.0 to build a nationwide talent pool. This addresses a projected global demand for nearly 2 million skilled professionals as the industry grows, creating major employment opportunities for Indian youth.

  The government aims to establish India as a self-reliant global semiconductor hub through this talent development, infrastructure creation, and industry collaboration.

  Main Topics: India Semiconductor Mission (ISM), Chips to Startups (C2S) initiative, semiconductor talent development and training, expansion of EDA tool access in academia, global semiconductor industry growth and job opportunities.

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  tech 5

  ETtech Explainer: Karnataka ban spotlights growing list of countries restricting social media for children

  (Tech-Economic Times / 2026-03-07 10:31)

  The Karnataka government has announced plans to ban social media for children under 16, citing concerns over mobile usage's adverse effects, though no timeline was provided and legal experts warn of constitutional and practical challenges.

  Globally, there is a significant push to restrict children's social media access, with countries like Australia, Indonesia, France, and the UK implementing or proposing various age-based bans to combat issues like addiction, cyberbullying, and exposure to harmful content.

  The Union IT minister also noted that the Indian central government is discussing age-based restrictions with social media companies and considering stricter oversight of manipulated content like deepfakes.

  Main topics: Karnataka's proposed social media ban for minors, global trends in youth social media restrictions, and central government discussions on online regulation.

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  tech 5

  PC processors entered the Gigahertz era today in the year 2000 with AMD's Athlon — AMD hit marketing gold with its 1 GHz Athlon, beat Intel by a nose

  (Latest from Tom's Hardware / 2026-03-07 11:00)

  In March 2000, AMD achieved a significant milestone by shipping the first 1 GHz consumer processor, the Athlon, officially beginning the PC Gigahertz era. This launch was a major marketing coup, as it narrowly beat rival Intel to market with a shipping product, forcing Intel to announce its own 1 GHz Pentium III chip just days later.

  The specific Athlon 1 GHz chip was a Slot A model built on a 180nm process, featuring a single core, 512KB L2 cache, and a launch price of $1,299. While hailed as a breakthrough akin to breaking the sound barrier, the industry has since shifted focus from pure clock speed to increasing core counts and adding specialized processors like NPUs.

  Main topics: AMD's Athlon 1 GHz CPU launch, the historical milestone of entering the Gigahertz era, the competitive dynamics with Intel, and the technical specifications of the pioneering chip.

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  tech 5

  Apple's 18-core M5 Max destroys 96-core Ryzen Threadripper Pro 9995WX in Geekbench — GPU performance is much less impressive

  (Latest from Tom's Hardware / 2026-03-07 11:20)

  Apple's 18-core M5 Max processor has achieved leading scores in the Geekbench 6 benchmark, significantly outperforming its predecessor and even beating AMD's 96-core Ryzen Threadripper Pro 9995WX in both single-thread and multi-thread tests. However, the article notes this multi-thread comparison is limited, as Geekbench's short, bursty workloads do not fully utilize ultra-high-core-count CPUs like the Threadripper and favor processors with fewer, faster cores.

  The M5 Max's performance is attributed to its new core designs, featuring six 'super' performance cores, and a memory subsystem offering exceptionally high bandwidth. In contrast, the M5 Max's GPU compute performance, while substantial, is presented as less groundbreaking compared to its dominant CPU results.

  The main topics covered are the M5 Max's CPU benchmark performance versus competitors, the limitations of synthetic benchmarks for real-world assessment, the chip's architectural features, and a note on its GPU capabilities.

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  tech 7

  From Iran to Ukraine, everyone's trying to hack security cameras

  (Ars Technica / 2026-03-07 11:30)

  A new report reveals that militaries are increasingly hacking into insecure, consumer-grade security cameras to conduct wartime surveillance. Iranian-linked hackers have targeted cameras around the Middle East, apparently to monitor strikes and assess damage from recent attacks.

  This tactic is now a standard part of military playbooks, as seen with Israel reportedly accessing Tehran's traffic cameras and Russia and Ukraine hacking each other's systems. These networked cameras provide a cheap, high-resolution alternative to traditional military reconnaissance like satellites.

  The main topics covered are the militarization of hacked consumer security cameras, specific incidents involving Iran, Israel, and the Russia-Ukraine conflict, and the shift in surveillance tactics.

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  tech 7

  Iranian drone strikes hit three AWS data centers in the UAE and Bahrain — Iran confirms it targeted Amazon cloud infrastructure

  (Latest from Tom's Hardware / 2026-03-07 11:40)

  Iranian drone strikes damaged three AWS data centers in the UAE and Bahrain on March 1, knocking multiple availability zones offline. This marks the first confirmed military attack on a hyperscale cloud provider, causing structural and water damage that AWS warns will lead to a prolonged recovery.

  The coordinated attack impaired the ME-CENTRAL-1 region by taking out two of its three zones, bypassing standard redundancy designs. This triggered widespread outages affecting major regional services, including banks, ride-sharing apps, and payment platforms.

  Iran's Islamic Revolutionary Guard Corps claimed it targeted a facility in Bahrain because it hosts U.S. military workloads, though AWS declined to comment. The attacks followed recent joint U.S.-Israeli strikes on Iran.

  The main topics covered are the cyber-physical attack on cloud infrastructure, the extent of the damage and service outages, the geopolitical context and claimed justification for the attack, and the impact on cloud redundancy models.

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  tech 2

  This shark case will take a megabyte out of your pocket — Cooler Master Shark X finally migrates to U.S. waters for $5,499

  (Latest from Tom's Hardware / 2026-03-07 12:00)

  The limited-edition Cooler Master Shark X mini-ITX case, a design originating from a 2019 competition, is now available for purchase in the United States. It is an unusually large and visually striking case that retails for $5,499.99, yet internally it only supports mini-ITX motherboards and includes a pre-installed 120mm liquid cooler that may limit high-performance CPU choices.

  The case does offer reasonable compatibility for modern dual-slot graphics cards and comes equipped with an 850W SFX Gold power supply. Its exceptionally high price is noted as a major barrier, positioning it as a niche product for enthusiasts with significant disposable income.

  Main topics: Product launch and availability, design specifications and constraints, component compatibility, and pricing analysis.

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  tech 5

  The Corvette ZR1X hybrid can outpace million-dollar sports cars for a fraction of the cost

  (The Verge / 2026-03-07 12:00)

  The initial expectation that electric vehicles would quickly replace gas-powered sports cars has not materialized, as consumers have rejected pure EV models from brands like Porsche and Lamborghini. However, electrification is revolutionizing high-performance vehicles through hybrid technology, as demonstrated by the Chevrolet Corvette ZR1X.

  The Corvette ZR1X hybrid offers exceptional performance, with 1,250 horsepower and a 0-60 mph time of 1.67 seconds, rivaling multi-million-dollar hypercars. It set a new American production-car record at the Nürburgring, beating high-powered competitors like the Rimac Nevera and a Chinese EV prototype.

  Despite its supercar-level performance, the ZR1X is sold through mainstream Chevy dealers starting at just over $200,000, making it a relative bargain. This underscores a key shift: hybrid systems, rather than pure electric powertrains, are becoming the essential performance boost for modern supercars.

  Main Topics: The stalled consumer adoption of pure electric sports cars; the rise of hybrid technology in high-performance vehicles; the performance and value of the Chevrolet Corvette ZR1X hybrid.

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  tech 5

  Nvidia CEO Huang declares ‘I love constraints’ amid ongoing component shortage — claims lack of options forces AI clients to only choose the very best

  (Latest from Tom's Hardware / 2026-03-07 12:20)

  Nvidia CEO Jensen Huang argues that current component shortages and constraints in data center construction are beneficial, as they force AI clients to choose only the highest-end, most efficient hardware rather than experimenting with cheaper alternatives. He emphasized that Nvidia is uniquely positioned to provide entire AI factory infrastructure, from GPUs to packaging and cables, securing its dominance.

  The article notes that this scarcity-driven strategy, while fantastic for Nvidia's data center-focused business, negatively impacts other markets like consumer gaming by driving up prices for memory, storage, and GPUs. Huang's comments reflect a focus on capitalizing on the AI boom, with consumer enthusiasts being a low priority for the company.

  The main topics covered are Nvidia's business strategy amid component shortages, the impact of AI industry demand on broader hardware markets, and the company's shift in focus away from consumer gaming.

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  tech 5

  A unicorn-like Spinosaurus found in the Sahara

  (Ars Technica / 2026-03-07 12:30)

  New fossil discoveries in the Sahara Desert challenge the recent depiction of Spinosaurus as a fully aquatic diver. The fossils were found in a terrestrial region of Niger, far from ancient coastlines, suggesting the dinosaur did not live in a marine habitat.

  This contradicts the previous scientific interpretation, which was based on fossils found in coastal deposits. The new finding indicates Spinosaurus likely could not dive and its lifestyle remains unclear.

  The main topics covered are the evolving scientific understanding of Spinosaurus, the new fossil discovery in a terrestrial environment, and how this contradicts prior aquatic theories.