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Perplexity Said to Submit Bid to Merge With TikTok’s US Unit

In a high-stakes bid to secure TikTok’s U.S. operations, search engine startup Perplexity AI has submitted a proposal to merge with the short-video giant’s American entity. This strategic move comes as TikTok faces a potential ban in the United States due to its Chinese parent company, ByteDance, unless it cuts…

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Crypto's Star-Studded Turnaround: Inauguration Ball Celebrates Trump’s New Era of Digital Asset Policy

As the buzz surrounding President-elect Donald Trump’s inauguration builds, the cryptocurrency industry celebrated a historic shift in Washington. On Friday night, crypto executives and enthusiasts gathered at the Andrew W. Mellon Auditorium in Washington, D.C., for the first-ever crypto inauguration ball. Beneath towering columns, attendees indulged in miniature lobster rolls,…

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Trump’s TikTok Revival: A New Chapter in U.S.-China Relations

In a dramatic turn of events, TikTok began restoring services across the United States on Sunday after President-elect Donald Trump announced plans to revive the app’s access. Addressing a rally ahead of his inauguration, Trump declared, “Frankly, we have no choice. We have to save it.” This move marks a…

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iPhone Shipments Decline in Q4 2024

Apple’s grip on the Chinese smartphone market has loosened, as shipments of its devices fell by 25% in the fourth quarter of 2024. According to data from research firm Canalys, Apple shipped 13.1 million iPhones during this period, achieving a 17% market share. However, its long-standing dominance faces growing challenges…

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Can TikTok be Banned in the United States?

TikTok’s Future in the U.S. faces an uncertain future as a federal ban is set to take effect this Sunday. The wildly popular social media app with 170 million U.S. users will be effectively disabled unless ByteDance, TikTok’s Chinese parent company, divests its U.S. assets. This potential shutdown comes as…

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US President Donald Trump (Photo: Reuters)

US TikTok Ban – As one of the world’s most popular social media platforms, TikTok faces an uncertain future in the United States. On Friday, the Supreme Court heard oral arguments regarding a law that could effectively ban the app nationwide. Signed by President Joe Biden in April 2024, the…

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TCS Eyes Recovery in North America as Retail and Manufacturing Look to Boost Tech Spending

Tata Consultancy Services (TCS), India’s largest software-services exporter, sees signs of recovery in its key North American market, particularly in the retail and manufacturing sectors. This optimism follows a notable upturn in banking and financial services, according to CFO Samir Seksari Speaking to Reuters, Seksaria highlighted positive consumer sentiment driven…

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Italy Eyes Secure Communications in Billion-Euro Deal with Elon Musk’s SpaceX

Italy is nearing a significant milestone in telecommunications, with advanced discussions underway for a €1.5 billion ($1.55 billion) contract with Elon Musk’s SpaceX. This five-year deal, as reported by Bloomberg, aims to enhance Italy’s secure communications infrastructure, providing state-of-the-art encryption and satellite-based connectivity for governmental and military operations. The proposed…

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Elon Musk Challenges OpenAI's Corporate Restructuring

In a dramatic turn of events, billionaire entrepreneur Elon Musk has taken legal action against OpenAI, the artificial intelligence company he co-founded, to contest its ongoing corporate restructuring. Musk’s attorney, Marc Toberoff, has petitioned attorney generals in California and Delaware to initiate a competitive bidding process for OpenAI’s charitable assets,…

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Quantum Computing Stocks Slide Amid CEO Jensen Huang’s Sobering Forecast

Quantum computing stocks experienced a sharp downturn on Wednesday, halting a year-long surge, after Nvidia CEO Jensen Huang tempered expectations about the practical viability of quantum technology. Huang’s remarks, highlighting a potential 20-year timeline for widespread use, shook investor confidence, leading to a significant selloff in the sector. Huang’s statement…

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Microsoft’s $3 Billion Bet: Transforming India into an AI Powerhouse

Microsoft CEO Satya Nadella has announced a landmark $3 billion investment to expand the company’s Azure cloud and artificial intelligence (AI) capacity in India over the next two years. This move highlights the tech giant’s strategic focus on leveraging India’s vast tech talent and cost efficiency to drive profitability in…

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