The ongoing federal government shutdown could reduce US economic output by as much as $14 billion, according to an assessment by the Congressional Budget Office (CBO). The nonpartisan agency projected that the lapse in government funding could lower gross domestic product by up to 2% during the fourth quarter of the year. As of October …
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Microsoft has ended its long-standing volume-based discounts for online services, a move that could add millions of dollars to enterprise software budgets. The change, effective November 1, is part of a broader push by the tech giant to standardize its pricing model across markets and delivery channels. The new policy impacts cloud and subscription-based products, …
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China’s Ministry of Commerce has announced several outcomes from the latest round of China-US economic and trade talks held in Kuala Lumpur, signaling a modest thaw in relations between the two economies. The measures include tariff suspensions, adjustments to export controls, and agreements on agricultural trade and anti-drug cooperation. According to the ministry, the United …
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Trade tensions between the United States and China have resurfaced after US President Donald Trump announced plans to impose a 100 percent tariff on Chinese imports. The move came days after Beijing introduced new restrictions on rare earth mineral exports, resources crucial to global technology and defense industries. China Tightens Control on Rare Earth Exports …
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Netskope, a global leader in cloud, security, and AI-driven networking, has released new global research emphasizing that closer collaboration between CEOs and CIOs is essential for effective strategic adoption of artificial intelligence (AI). The study, titled Crucial Conversations: How to Achieve CIO-CEO Alignment in the Era of AI, reveals that a significant portion of technology …
Companies worldwide are exploring how to integrate artificial intelligence into their operations. Most are taking incremental steps, using AI to enhance existing systems and processes. A smaller group, however, is pursuing an ‘AI-first’ model, rebuilding their businesses around AI from the ground up. This approach carries greater risk but also the possibility of reshaping markets …
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The United States is on the brink of a government shutdown unless Congress approves legislation to fund operations. Without agreement, nonessential federal activities will be suspended beginning Wednesday in Washington, DC. Although Republicans currently hold control of the House of Representatives, the Senate, and the White House, they lack the votes needed to advance the …
Indian Prime Minister Narendra Modi described the United States and India as close partners with natural synergies, expressing optimism that upcoming trade negotiations could unlock vast potential between the two countries. In a message shared on social media early this week, he indicated that efforts were being made to conclude discussions at the earliest opportunity …
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The United States has imposed a sharp increase in duties on Indian goods, raising tariffs to 50 percent on several imports. The measure, announced by the Trump administration, is aimed at pressuring New Delhi over its continued purchases of discounted Russian oil. The new tariffs, which took effect on Wednesday, are expected to impact India’s …
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The role of the Chief Information Officer is changing faster than ever, with artificial intelligence pushing the position well beyond its traditional focus on technology management. At the NZ CIO Summit in Auckland, Jonathan Rickard, Chief Technology Officer for Microsoft CX at Fusion5, explained that CIOs are now expected to guide digital transformation across the …
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