US and European telecom stocks tumbled on Friday (October 9) after SpaceX’s acquisition of low-band spectrum heightened concerns over growing competition from satellite-based mobile services. T-Mobile US, Verizon and AT&T fell between 5% and 6% in premarket trading, while the STOXX Europe 600 Telecommunications index…
Category: Tech
Tesla announces Noida Experience Centre as India expansion continues – CNBC TV18
Tesla has announced a new Experience Centre in Noida, at Skymark One, Sector 98. It follows the launch of centres in Delhi and Gurugram and will strengthen the company’s presence in the National Capital Region (NCR), it said in a release on 9 October. The…
China AI developers publish safety tests for just 3.6% of model releases, report finds – CNBC TV18
China’s leading AI developers have publicly disclosed model-specific safety-test results for only a small fraction of their releases, a report by research firm SemiAnalysis said, as concerns about the risks posed by advanced AI systems increase worldwide. California-based SemiAnalysis, a technology research firm, reviewed 857…
CSM Tech wins ₹1.65 crore deal to track cargo movement on Mozambique trade route – CNBC TV18
CSM Tech, a wholly owned subsidiary of CSM Technologies Ltd, has secured a $174,000 (approximately ₹1.65 crore) contract from TradeMark Africa to develop a digital platform to monitor cargo movement and transport performance along Mozambique’s Beira Corridor. The 18-month project involves developing the Mozambique Transport…
No monopoly in satcom; operators must clear security norms to begin services: Jyotiraditya Scindia – CNBC TV18
Union Communications Minister Jyotiraditya Scindia on Friday, October 9, said India does not permit a monopoly in any sector, clarifying that three entities—Starlink, Reliance Jio’s Jio Satcom, and Bharti-backed Eutelsat OneWeb—have secured commercial satellite communication licenses and will be cleared for operations once each individually…
China’s delivery robots are learning to tackle the night shift – CNBC TV18
By day, Shenzhen flaunts its role as the high-tech factory for the world. Self-driving taxis collect passengers from the roadside, drones carry parcels, and delivery robots jostle with passengers in hotel elevators. By night, the city’s factories keep running. The high-rise offices stay lit, the…
Apple cuts iPhone 18 Pro orders by 15% as prices rise and demand weakens – CNBC TV18
Apple has told some suppliers to cut production of components for its newly launched iPhone 18 Pro and iPhone 18 Pro Max, as soaring memory chip costs and price increases have dampened consumer demand, Nikkei Asia reported on Friday. The iPhone maker has turned more…
Jeff Bezos says AI could make a three day workweek possible, single-income families viable – CNBC TV18
As artificial intelligence researchers, engineers, and ethicists increasingly walk away and sound alarms, billionaire Jeff Bezos has emerged with a contrarian view, urging the public to stop fearing the technology. Speaking to Fox News, the Amazon founder and Prometheus co-CEO argued that, rather than sparking…
US announces effort to disrupt hacking infrastructure run by China’s Integrity Tech Group – CNBC TV18
US officials said they were seizing seven internet domains in a fresh effort to disrupt hackers linked to Chinese IT firm Integrity Technology Group. In a statement issued on Thursday (October 8), the Justice Department said the domains were being used by Chinese hackers to…
Gold rises nearly 1%, silver gains 1.6%: Key factors that will determine bullion’s recovery – CNBC TV18
Gold and silver prices rose in international markets on Friday, October 9, as a softer US dollar and declining US Treasury yields supported demand for precious metals. However, expectations of further monetary tightening by the US Federal Reserve and persistent inflation concerns could limit gains.…