TECHNOLOGY
Biden Administration Introduces Stricter Controls on AI Chip Exports
Just a week before its term ends, the administration released an interim final rule, under which no chip sale restrictions will apply to 20 key US allies and partners, including South Korea, while for many other countries, it sets up a cap for the amount of computational power they can purchase.
Apple Achieves Rs 1 Lakh Crore in iPhone Exports from India in 2024: Industry Report
According to early industry estimates, Apple had exported more than $12 billion worth iPhones last year, more than 40 per cent growth from 2023.
PLI 2.0 for IT Hardware Generates Rs 10,000 Crore in Production, 3,900 Jobs in 18 Months
India's electronics manufacturing sector has grown exponentially over the past ten years with the overall production amounts going up from Rs 2.4 lakh crore in 2014 to Rs 9.8 lakh crore in 2024.
Apple Asserts: 'Never Sold Users' Siri Data to Anyone for Any Purpose'
Last week, the tech giant last week paid $95 million to settle a class-action lawsuit, which alleged that it recorded their private conversations with Siri and disclosed these conversations to third parties such as advertisers.
Blue Origin Sets January 10 as Launch Date for New Glenn Rocket
The company said that "New Glenn's first mission (NG-1) is targeting no earlier than Friday, January 10, from Launch Complex 36 at Cape Canaveral Space Force Station, Florida," the company said in a blog post.
Indian Tech Industry Grows 3.8% to Reach $254 Billion in FY24, Employs 5.43 Million
The tech industry employed 5.43 million professionals, with a growth rate of 1.1 per cent in FY24, focusing on Generative AI, cloud and cybersecurity skills.
India's Smartphone Market Expected to Surpass $50 Billion in Value This Year: Report
The remarkable feat will be powered by the value-centric approach that will come in from smartphone OEMs and by an increased consumer thrust toward high-specification devices. For the first time in history, India's smartphone retail ASP is projected to breach the $300 mark in 2025.
Committed to Making India a Chip Manufacturing Hub and Preparing a Skilled Workforce: Ashwini Vaishnaw
After inaugurating the National Institute of Electronics and Information Technology (NIELIT), deemed to be a university at 12 locations including five locations in the northeastern states, the minister said the university is set to play a crucial role in equipping students with the necessary skills to thrive in a rapidly changing technological environment.
Govt Unveils Draft Digital Personal Data Protection Rules, Requires Parental Consent for Child's Data
The Act was passed in Parliament in August 2023 and the government is now inviting feedback through the MyGov portal till February 18, 2025.
Silicon Valley Now Deeply Tied to Trump Affairs: Indian American Venture Capitalist
Silicon Valley is now deeply enmeshed in all things Trump. I am very excited to work with my fellow venture capitalist and tech entrepreneur friends like David Sacks, Chamath and Sriram Krishnan in bringing back an innovation friendly regulatory system," Asha Jadeja Motwani told PTI.
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