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Italy supports EU proposal for big tech funding of telecom networks
Oct 26,2023
Italy has endorsed European Union initiatives that call for big technology companies such as Google, Facebook (Meta), Netflix, Microsoft, and Amazon to participate in financing EU telecommunications networks. Telecommunications companies argue that t...
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India accelerates semiconductor ambitions with launch of India Semiconductor Research Centre (ISRC)
Oct 23,2023
The Indian government is making significant advancements in the semiconductor sector, with the approval of two major investments intended to position the nation at the forefront of semiconductor manufacturing and research. The Semiconductor R&D C...
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Google's AI-powered search tool raises concerns for publishers
Oct 20,2023
Google has launched a new search tool called Search Generative Experience (SGE). It is currently available for users in India, Japan, and the United States as an experimental opt-in. SGE uses AI to generate summaries in response to search queries. Th...
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India reverses import license plan for tech products
Oct 17,2023
The Indian government recently made headlines by revoking its earlier decision to enforce import restrictions on laptops and other electronic devices. Initially introduced on 3 August 2023, the proposal mandated import licenses for electronic goods l...
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Google receives support from Canadian news media body amid new controversial law
Oct 16,2023
The Canadian news industry has supported some of Google's concerns about the new Online News Act, passed by the Canadian Senate on June 15, 2023. News Media Canada (NMC), a body representing Canada's top newspapers, including the Globe and Mail and t...
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Internal documents reveal that Amazon copied products and manipulated search results
Oct 13,2023
Internal Amazon documents examined by Reuters suggest that Amazon's private-brands team in India secretly exploited internal data from Amazon.in -including proprietary data and detailed information about customer returns, in order to copy products so...
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Basel committee proposes full disclosure of banks' cryptocurrency holdings
Oct 10,2023
According to recently proposed plans of the Basel Committee on Banking Supervision, which establishes standards for traditional finance institutions, banks will be required to fully disclose their cryptocurrency holdings. This move comes as internati...
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EU launches assessment of tech security risks and eyes potential restrictions
Oct 04,2023
The EU is preparing to scrutinise the security risks associated with crucial technologies such as semiconductors, AI, quantum technologies, and biotechnology. These examinations may lead to limitations on exports or investments in nations like China....
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Chinese firm Hollysys weighs $1.55 Billion takeover offer amidst growing interest
Oct 04,2023
China's Hollysys Automation Technologies, known for producing automation and control systems, is currently assessing a takeover proposal valued at$1.55 billion from a consortium led by Recco Control Technology and Dazheng Group Investment Holdings. T...
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India proposes National Data Management Office for enhanced data governance
Sep 29,2023
The Indian government is contemplating the establishment of a specialised organisation, known as the National Data Management Office, with the purpose of supervising the administration and control of non-personal and anonymized personal data. The env...
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Amazon prevails in EU legal battle over VLOP status
Sep 29,2023
Amazon has temporarily won a case against the EU regulations that designate it as a Very Large Online Platform (VLOP) mandating access to its advertising data. The General Court of the Court of Justice of the EU (CJEU) in Luxembourg has accepted Amaz...
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Digital economy at UNGA78: Growth and development
Sep 27,2023
In an era defined by rapid technological advancements and global connectivity, leaders from nations, both large and small, are recognizing the pivotal role that digital innovation plays in fostering economic growth and sustainability. Need to disma...
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