Author: Amina Khan
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Korean Tech Giants Unveil AI Innovations at CES 2025
South Korean tech giants Samsung, LG, and SK Group will showcase AI innovations at CES 2025 in Las Vegas, focusing on smart home and mobility solutions. Samsung will unveil new AI-integrated appliances, LG will present a concept car platform, and SK Group will highlight advancements in AI memory technologies. The event is expected to attract…
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E-Commerce Giants Embrace China’s New Trade-In Subsidy Program
E-commerce giants in China, including Alibaba and JD.com, are seizing new government subsidies aimed at boosting consumer spending by supporting home appliance purchases. They have launched multiple campaigns to engage shoppers as they compete against emerging rivals like Pinduoduo and Douyin, amid a backdrop of economic recovery initiatives. China’s leading e-commerce firms, including JD.com and…
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IT Hiring Growth Rate Approaching Double Digits, Says Info Edge
Info Edge reports that IT sector hiring growth is approaching double digits, reflecting a revival in demand for entry-level talent. After dealing with over-hiring issues, utilization rates have returned to pre-Covid levels. This shift is stimulating recruitment, not only in large IT firms but also among GCCs and startups. According to Info Edge, the growth…
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Chinese Tech Giants Outpace U.S. Firms in NVIDIA GPU Acquisitions
In 2024, Tencent and ByteDance surpassed Google and Amazon in acquiring NVIDIA AI GPUs, securing around 230,000 units each, while Microsoft led with 485,000 units purchased. This surge showcases the growing influence of Chinese firms in AI amid U.S. restrictions. Furthermore, U.S. tech companies are increasingly investing in their in-house chip development to complement their…
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Dan Ives’ Top 10 Tech Winners for the AI Revolution in 2025
Dan Ives of Wedbush has listed his top 10 technology stock picks for the AI revolution by 2025, notably excluding Amazon and Meta Platforms. The projected $2 trillion AI-related capital expenditure is expected to boost tech stocks by 25%. Key players include Nvidia, Microsoft, and Palantir, with Apple leading with a market cap of $3.812…
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DBS Bank Appoints Rajat Verma as India CEO; Startup ESOP Buybacks Rise
DBS Bank has appointed Rajat Verma as CEO of DBS Bank India starting March 2025, succeeding Surojit Shome. Meanwhile, the Indian startup sector is witnessing a rise in ESOP buybacks, increasing from 19 in 2023 to 26 in 2024 across unlisted companies, indicating a shift in capital acquisition and employee ownership strategies. On December 31,…
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The Rise of Smart Glasses: Navigating Opportunities and Challenges for Tech Giants
Smart glasses are gaining traction, particularly Meta’s Ray-Ban model, which has sold over 1 million units. Competitors are also entering the market, but profitability remains uncertain despite potential revenue growth. Key challenges include managing production costs and delivering advanced features. Smart glasses are expected to gain significant traction by 2025, particularly following the success of…
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Growth Projections and Innovations in the Surgical Sinks Market
The surgical sinks market is projected to surpass USD 4.38 billion by 2031, with a CAGR of 5.43%. Emphasizing hand hygiene and infection control, these sinks often feature sensor-activated faucets. Technological innovations aim to improve comfort and cleanliness. The North American market is expected to dominate, with key players contributing significantly to growth amid challenges…
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Innovators in Mobile Tech: Top 7 App Development Companies for 2025
This article presents an overview of the top seven app development companies in the USA for 2025. These firms are acknowledged for their outstanding services and ability to innovate in the mobile technology sector. Selecting the right developer is vital for businesses aiming to succeed in the competitive app marketplace. As mobile technology continues to…
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U.K. Enacts Stricter Online Safety Regulations for Tech Companies
The U.K. has officially implemented the Online Safety Act, requiring tech firms to combat illegal online content effectively. Ofcom has outlined new codes of practice, demanding compliance within three months. Non-compliance could result in substantial fines or legal action, aimed at safeguarding users against harmful materials. The United Kingdom has officially enacted its comprehensive Online…