Tech & Internet
India's EU-like antitrust law worrying technology firms
India's proposed antitrust law, influenced by a panel report, targets tech giants with global turnovers exceeding $30 billion. The law aims to prevent market concentration, similar to the EU's Digital Markets Act.
LTIMindtree expands in Saudi Arabia, employee count increases in Middle East
LTIMindtree expanded its presence in the Middle East by opening its regional headquarters in Saudi Arabia's capital, Riyadh. The move is part of the company's expansion in the Kingdom of Saudi Arabia (KSA) and the Middle East.
Karnataka extends exemption for startups, tech firms from labour regulations for five years
The State Government has extended the exemption for IT/ITES companies from the Industrial Employment (Standing Orders) Act for five more years, benefiting about 18 lakh employees in 8785 IT/BT companies. The exemption aims to address concerns of arbitrary termination, harassment, and promote growth in the technology sector.
India’s tech spending to grow highest in APAC in 2024: Forrester
Technology spending in India is projected to grow by 10.8% to reach approximately $54.5 billion in 2024, the highest in Asia Pacific regions, as per a Forrester report. The spending in AI-augmented software and services will lead the growth in IT categories.
Apple AI leaves Elon Musk bitter
Elon Musk's strong opposition to Apple's AI plans, particularly regarding OpenAI integration, led to threats of banning Apple devices at his companies. Musk's concerns about data privacy, security, and truth-seeking AI prompted the launch of his own AI company, xAI. Suggestions for Musk and X to develop privacy-focused phones or partner with Apple rivals were met with positive responses.
Apple unveils big AI push; embeds ChatGPT into iPhones, Siri
Apple announced Apple Intelligence at its annual developer conference, integrating AI features developed in-house and by OpenAI. The Cupertino-based company aims to embed the technology across iPhone, iPads, and MacBooks, leveraging Apple Silicon for personalized, contextual results.
Apple's AI push could reinvigorate iPhone sales as customers look to upgrade
The new software, which requires an iPhone 15 Pro or Pro Max to function, could drive a surge in new purchases, according to several analysts. Some even anticipate the most significant upgrade cycle this fall since the 2020 release of the iPhone 12, which attracted consumers with its 5G connectivity.
Indians get hooked on 10-minute grocery apps, squeezing small retailers
India's quick commerce boom is reshaping how Indians shop, with Swiggy leading the charge in the fast-paced delivery game. The SoftBank-backed company's grocery warehouse in a middle-class suburb of Mumbai operates precisely, aiming to deliver orders within 10 minutes. Swiggy's bikers, clad in bright orange T-shirts, race against time to collect and deliver packed grocery orders, with the warehouse manager emphasising the need for speed in the entire process.
Welcome to the era of the AI smartphone
At its annual software developer conference Monday, Apple showed a host of enhancements coming this fall to iOS 18, its operating system powering iPhones. The new tools include a revamped version of its voice assistant, Siri, that is easier to talk to and an AI system that will generate images, create summaries of web articles and craft responses to text messages and emails.
AI to 'transform' gaming but costly, says Ubisoft CEO
Speaking at a Los Angeles event showcasing upcoming releases, Yves Guillemot said generative AI, or Gen AI, could make open-world games like Ubisoft's blockbuster "Assassin's Creed" franchise feel even "more alive."
