US Tech Industry

The United States and Taiwan reached a trade deal on Thursday that cuts tariffs on Taiwanese goods in exchange for USD 250 billion in new investments in the US tech industry. The deal is the latest President Donald Trump has struck such as those with the European Union and Japan since he unveiled a sweeping tariff plan last April to address trade imbalances. Trump also has a one-year trade truce with China to stabilise ties with the world's second largest economy. Trump initially set the tariff at 32 per cent on Taiwanese goods but later changed it to 20 per cent. The new agreement slashes the tariff rate to 15 per cent, the same as levied on other US trading partners in the Asia-Pacific region such as Japan and South Korea. In a statement, the US Department of Commerce said the deal with Taiwan would establish an economic partnership to create several world-class US-based industrial parks in order to help build up domestic production. The department described it as "a historic ..

Amazon's $35 bn commitment comes as global tech firms deepen their India focus, accelerating AI, cloud and data-centre expansion while strengthening links with a growing, skilled workforce

According to DBS, the first risk is a sharp correction in US equities, particularly in tech stocks linked to the AI investment wave.

President Donald Trump was geared up for a show of federal force in San Francisco, a city he's blasted as everything wrong with liberal governance. Then conversations with some of the Bay Area's most prominent tech leaders and the mayor changed his mind. I got a great call from some incredible people, some friends of mine, very successful people, Trump told reporters Thursday at the White House, specifically referencing Jensen Huang, the CEO of Nvidia, one of the world's most valuable tech companies, and Marc Benioff, CEO of software company Salesforce. He said they told him San Francisco was working hard to reduce crime. So we are holding off that surge, everybody. And we're going to let them see if they can do it, Trump said. He said he could change his mind if it doesn't work out. Trump said the increased federal force had been planned for Saturday. He didn't specify whether he was just referring to National Guard troops, which he had threatened to send in, or if he would also ha

China's proposed AI law aims to boost research, improve ethics, strengthen risk checks and enhance safety oversight for AI technologies and infrastructure

The number combination refers to a work schedule - 9 am to 9 pm, six days a week - that has its origins in China's hard-charging tech scene

More than 200 contract "raters" working on Google's AI projects were laid off without warning, sparking concerns over job security, pay, and their role in training replacement systems

The US HIRE Act plans a 25 per cent tax on outsourcing payments by American firms, aiming to boost local jobs; the move could raise costs for companies relying on Indian IT and service providers

Trump's possible move to block US companies from outsourcing IT work to India threatens a $282 bn industry, risking jobs, exports, and tech delivery models

Lutnick comments indicate that the exemptions, published in a US Customs and Border Protection document late Friday, were made to shift those products ultimately to a different levy

Trump and technology executives have touted lofty plans by Oracle, SoftBank and others to invest heavily in artificial intelligence since his return to the White House earlier this year

Growth capital firm Playbook Partners intends to invest USD 20 million (around Rs 175 crore) each in about 12-15 companies over the next two years, a top company official said. The firm's investment portfolio includes companies like Myntra, PolicyBazaar, InMobi, Nazara Technologies, Rapido, and Renee, among others. While primarily investing in India, it has also backed global companies like SpaceX and Stripe. "With planned investments up to USD 20 million each in 12-15 companies, we are targeting high-potential ventures across SaaS, E-commerce, Healthtech, ClimateTech, B2B & B2C, Playbook Partners Founder and Managing Partner Vikas Choudhury said. Our focus is on companies that have crossed Rs 100 crores in turnover, where our capital and expertise can accelerate their journey to the next level of growth," Choudhury told PTI. Commitments to three companies are in the final stages of closing and will be announced over the next quarter, he added. The former Jio president said he has

Net bookings were driven by demand for ASML's most-advanced extreme ultraviolet lithography, or EUV, machines, for which €3 billion of orders were placed in the period

India's $250 billion tech sector plays an important role in the economy, employing about 5.4 million people

Dell, 59, with a net worth of $105.9 billion, has been a computer hardware-industry outlier among the tech super-rich, who often owe their wealth to software companies

Analysts are eyeing impressive figures, with the street anticipating earnings of $13.2 billion, translating to $5.62 per share, alongside projected revenue of $24.6 billion in the quarter

The ambitious plan includes expansions in Mumbai, Hyderabad, and Chennai

Tech industry continued to outpace other sectors in jobs cuts through the first quarter of this year

Lauded in China as a major leap in indigenous semiconductor fabrication, last year's SMIC-made processor powered Huawei's Mate 60 Pro and a wave of patriotic smartphone-buying in the Asian country

Slashing tech work forces would have been anathema in Silicon Valley just a few years ago