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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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U.S. AI Leadership at Crossroads: Tech Industry Warns Against Rushed Export Control Rule

As the Biden administration moves toward implementing stricter controls on the export of artificial intelligence (AI) chips, tensions are escalating between the U.S. government and leading technology companies. Industry leaders have expressed deep concerns that such regulations, if hastily finalised, could undermine America’s global leadership in AI innovation while ceding…

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Nvidia Pushes the Boundaries of AI and Gaming at CES 2025

At CES 2025 in Las Vegas, Nvidia’s CEO Jensen Huang unveiled a slate of transformative technologies poised to redefine gaming, robotics, and artificial intelligence (AI). From introducing groundbreaking AI-powered GPUs to revealing the company’s first-ever desktop computer, Nvidia reinforced its position as a leader in both consumer and enterprise tech.…

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Meta Platforms Inc. Expands Board with High-Profile Appointments

Meta Platforms Inc. has announced the election of three new directors to its board, signalling a strategic alignment with expertise in artificial intelligence (AI), media, and global business. New Appointments With these additions, Meta’s board now consists of 13 directors, including Zuckerberg, who retains majority control through Meta’s dual-class stock…

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Samsung Electronics Faces Challenges Amid Slowing Profit Growth in Q4

Samsung Electronics (KRX: 005930), the world’s leading memory chip manufacturer, is bracing for slower-than-expected profit growth in the fourth quarter of 2024. Despite improvements from a low base in 2023, analysts predict operating profits of 8.2 trillion won ($5.6 billion), a significant drop from the 9.18 trillion won reported in…

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Nvidia’s Jensen Huang to Open CES 2025: Spotlight on AI and Gaming Chips

Jensen Huang, CEO of Nvidia (NASDAQ: NVDA), will deliver the opening keynote at CES 2025, the world-renowned Consumer Electronics Show held in Las Vegas from January 7 to 10. Huang, known for unveiling groundbreaking advancements, is expected to announce new video game chips and showcase Nvidia’s efforts to expand its…

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