The dispute regarding the fate of TikTok escalated further on Wednesday when the Biden Administration warned of a potential nationwide prohibition on the viral video app unless its Chinese parent company agreed to sell its ownership stake. The Wall Street Journal first broke the news of the latest request for divestiture. Cfius Demands A …
India has announced that it will be sharing its health technology initiatives as universal public goods with the global community to improve global health services. Lav Agarwal, Additional Secretary of Health, made this announcement at a press conference before the second health working group meeting under G20 India Presidency, to be held in Goa from …
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China has established itself as the world’s leading science and technology superpower, according to a report by the US-based National Science Foundation (NSF). According to the report, China has taken a commanding lead in various critical and emerging technology domains, such as advanced radio-frequency communications (including 5G and 6G), hypersonics, and electric batteries. On the …
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On Thursday, April 20, Apple opened its second retail store in India at Select City Mall in Delhi. Many eager shoppers queued up since the early morning hours to be among the first to explore Apple’s latest offerings, such as iPhone, Mac, Apple Watch, iPad, AirPods, Apple TV lineups, and accessories like AirTag. The store …
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Tech giants as well as many startups have once again been forced to make job cuts in 2023. According to Layoffs.fyi, the total number of tech layoffs so far this year is 168,243, surpassing the total number of layoffs for 2022. While the layoffs are largely attributed to the macroeconomic environment and a need to …
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From a pivotal war that changed the course of history to a strategic annexation that solidified a nation’s dominance, the Russo-Turkish War of 1768-74 and the annexation of Crimea by Prince Grigory Potemkin in 1783 reshaped the global balance of power. With access to the Black Sea via Kerch and Azov, Russia became a dominant …
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OpenAI’s Chat GPT blew up in a blink. For obvious reasons, everyone loves this technology. Its interactive approach mimics human intelligence, but given the terabytes of data it is trained on, GPT can surpass human aspects of motivation, creativity, and oversight. Bloomberg has taken this technology and transformed it for their use. GPT stands for …
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Google’s large investments in Artificial Intelligence is followed by a similar direction taken by its parent company Alphabet. Alphabet, the American conglomerate, has been investing in startups in the tech industry. Its corporate data firm AlphaSense just secured another $100 million, making its way up to a valuation of $1.8 billion. With competitors like Bloomberg …
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What was once purely a work of fiction has now become a reality. The world of AI is advancing at warp speed. From your smartphone to your social media feeds, AI is transforming our world and reshaping the way we live our lives. With AI being integrated into more applications, companies are now looking to …
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In March 2023, Silicon Valley Bank (SVB) collapsed, triggering a panic that led to the US government’s Federal Deposit Insurance Corporation (FDIC) taking control of the bank. This marked the most significant banking collapse in the United States since the 2008 financial crisis. Within a week, Signature Bank, a second US regional bank, was shut …
The enterprise tech world is evolving with newer ambitions. While the wings of innovation are spreading to newer skies, the technologists are finding it hard to play catch-up and are making sure they are in tune with the technology juggernaut. CIOCoverage aims to bridge this very gap that exists between the tech-savvy where he rests, in the very heart of it. Awakening a keen insight in you to move along the flow, CIOCoverage works to make the entrepreneurs, versatile to the sturdy technological influences.
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