CES 2025: AI-powered tech to dominate world’s biggest electronics trade show
South Korean companies are set to showcase their advanced artificial intelligence (AI) technologies at CES 2025, the world’s largest consumer electronics and IT trade show, scheduled to open in Las Vegas next week. Major home appliance companies like Samsung Electronics Co. and LG
US lawmaker expresses concerns over MBK’s takeover bid for Korea Zinc
A member of the United States Congress has voiced concerns over the takeover bid by private equity firm MBK Partners Ltd for Korea Zinc, in collaboration with its largest shareholder, Young Poong Corp, citing issues related to critical minerals’ supply chains, according to
Consumer sentiment in South Korea falls by most in over 4 years in December
South Korea’s consumer sentiment fell by the largest margin since the Covid-19 pandemic in December, as political turmoil sparked by President Yoon Suk Yeol’s shocking martial law declaration added another layer of uncertainty to the economy, a central bank poll showed on Tuesday.
Shinsegae chairman had ’10-15 minute talk’ with US President-elect Trump
Chung Yong-jin, chairman of South Korean retail conglomerate Shinsegae Group, said he had a brief talk with US President-elect Donald Trump during his visit to Trump’s Florida resort but declined to provide any other details. “I had a meal together with President-elect Trump,
US, South Korea conducting joint research to block North Korean crypto heists
South Korea and the United States are conducting joint research to strengthen protection against cryptocurrency heist attempts amid growing concerns of such attacks by North Korea-linked hackers, officials said on Sunday. Based on a recently signed technical annex between the South Korean government
Google ‘strongly disagrees’ with US DoJ’s lawsuit, files remedies proposal
Criticizing the US Department of Justice (DoJ) lawsuit and its “overbroad proposal,” Google on Monday said that before it appeals in court, the company has filed its own remedies proposal based on the actual findings in the court’s decision. Stressing that the company
US finalises $4.7 billion in CHIPS Act subsidy to Samsung
The US Commerce Department has awarded Samsung Electronics up to $4.745 billion in direct funding to support the South Korean tech giant’s chipmaking investment in central Texas, as it strives to strengthen domestic semiconductor production. The announcement came after the department announced a
AIIMS Delhi, Blockchain for Impact to advance biomedical innovation in India
The All India Institute of Medical Sciences (AIIMS) Delhi on Friday announced a collaboration with Blockchain for Impact (BFI) to enhance biomedical research and innovation in the public health sector. As per the Memorandum of Understanding (MoU) signed by the two organizations, BFI
US and India discuss advancing space partnership, announce initiatives
The US and India are set to strengthen space cooperation, including human spaceflight and joint space exploration, and are expected to facilitate commercial partnerships between space companies of both countries to advance shared interests in the growing space economy. After US President Joe
Indian share market opens in red as US Fed warns of fewer rate cuts in 2025
The Indian stock market opened in the red on Thursday after the US Federal Reserve cut interest rates by 25 basis points but warned that rate cuts in 2025 may not be as frequent as previously anticipated. With the Fed’s focus shifting towards
India’s envoy, US officials discuss advancing space partnership
India’s Ambassador Vinay Mohan Kwatra and US officials met at the NASA Johnson Space Center in Houston to review space cooperation between the two countries and discuss ways to advance their partnership. During the visit on Wednesday, teams from both nations also met
US surgeons complete fifth gene-edited pig organ transplant
US surgeons have completed the fifth gene-edited pig organ transplant for an Alabama woman who is now free from dialysis and in better health, New York University (NYU) Langone Health has revealed. The surgery marks the latest promising breakthrough in an emerging surgical
How Google News fought misinformation in India in 2024
From major elections to global conflicts and crises, 2024 was a pivotal year for the news industry, according to Google News. These significant events underscored the crucial role of newsrooms in providing accurate and timely information, the company noted, highlighting its efforts to
The high cost of truth: Tech whistleblowers who paid the ultimate price: by Dr. Avi Verma
The tragic death of Suchir Balaji has put a spotlight on the dangers faced by whistleblowers in the technology industry. A 26-year-old AI researcher and former OpenAI employee, Balaji exposed alleged copyright violations in the company’s use of data to train its models,
OpenAI whistleblower Suchir Balaji found dead at US apartment
Suchir Balaji, an OpenAI whistleblower, has been found dead inside his apartment in San Francisco, according to multiple reports. In October, the 26-year-old AI researcher raised serious concerns about Sam Altman-run ChatGPT maker OpenAI “breaking copyright law.” According to the San Jose Mercury
ISRO sends European Space Agency’s Proba-3 mission to space
The Indian Space Research Organisation (ISRO) on Thursday successfully sent the European Space Agency (ESA) Proba-3 Sun observation mission atop the PSLV-C59 launch vehicle into space. The mission lifted off from the First Launch Pad (FLP) at Satish Dhawan Space Centre (SDSC-SHAR), Sriharikota.
India can become AI chip capital of the world: SoftBank’s Masayoshi Son
As India makes strides in artificial intelligence (AI) and semiconductors, SoftBank’s Founder and CEO Masayoshi Son has said that the country can become the AI chip capital of the world. In a meeting with some leading Indian startup founders in the national capital,
Hyundai Motor to buy back $716 million in shares to enhance shareholder value
Hyundai Motor said on Wednesday it will buy back 1 trillion won ($716 million) worth of its own shares as part of efforts to boost its shareholder value. In the buyback plan approved by the board of directors, Hyundai will repurchase 4.66 million
India, UK need to collaborate in AI, tele-medicine, agri-tech: Piyush Goyal
India and the UK have the potential to further collaborate in fields like artificial intelligence (AI), tele-medicine, climate modelling, and agri-tech to improve the lives of millions of people in both countries, Union Commerce and Industry Minister Piyush Goyal said on Wednesday. Addressing
Air India optimises key domestic metro routes post Vistara merger
Post Vistara integration, national carrier Air India on Wednesday announced an optimisation of its domestic route network that will prioritise deployment of its best narrowbody cabin products on five key metro-to-metro routes, beginning December 1. This will see all flights between select metro