Uber terminates Foodpanda Taiwan acquisition, citing regulatory hurdles

Posted on March 12, 2025 by Techme101

Uber Technologies has ended its acquisition of Delivery Hero’s Foodpanda in Taiwan, the Germany-based tech firm said on Tuesday. The announcement comes roughly three months after Taiwan’s antitrust regulator blocked the deal, citing competitive issues. The Fair Trade Commission (FTC) said that if Uber acquired Foodpanda, its market share in Taiwan would increase to 90%, […]
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Jio announces deal to bring Starlink to India just hours after similar Airtel partnership

Posted on March 12, 2025 by Techme101

Reliance Jio has partnered with SpaceX to offer Starlink to its customers in India just hours after Airtel’s partnership.
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Tata Technologies’ data leaked by ransomware gang

Posted on March 12, 2025 by Techme101

A ransomware gang has leaked internal Tata Technologies data, a month after the company confirmed a ransomware attack.
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Google has given Anthropic more funding than previously known, show new filings

Posted on March 12, 2025 by Techme101

Anthropic, a San Francisco startup often cast as an independent player in the AI race, has deeper ties to Google than previously known. Court documents recently obtained by The New York Times reveal that Google owns a 14% stake in the company and is set to pour another $750 million into it this year through […]
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Salesforce pledges to invest $1 billion in Singapore over five years in AI push

Posted on March 12, 2025 by Techme101

Salesforce on Wednesday announced plans to invest $1 billion in Singapore over the next five years.

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Meta is reportedly testing in-house chips for AI training

Posted on March 12, 2025 by Techme101

Meta is reportedly testing an in-house chip for training AI systems, a part of a strategy to reduce its reliance on hardware makers like Nvidia. According to Reuters, Meta’s chip, which is designed to handle AI-specific workloads, was manufactured in partnership with Taiwan-based firm TSMC. The company is piloting a “small deployment” of the chip […]
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Inside Google’s Investment in Anthropic

Posted on March 11, 2025 by Techme101

The internet giant owns 14% of the high-profile artificial intelligence company, according to legal filings obtained by The New York Times.

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Stock Price Downturn for Tech’s ‘Magnificent 7’ – A Harbinger of More Market Turbulence?

Posted on March 11, 2025 by Techme101

The stock prices of leading tech giants, including Tesla and NVIDIA, dropped sharply as the Magnificent 7 encountered a broad market downturn amid rising economic concerns.

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Bolt CEO Ryan Breslow explains his troubled $30M personal loan, announces new ‘super app’

Posted on March 11, 2025 by Techme101

Bolt CEO Ryan Breslow defended the $30M personal loan he took out from his startup, while announcing Bolt’s latest launch.
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Trump says he will label violence against Tesla as domestic terrorism

Posted on March 11, 2025 by Techme101

President Donald Trump said he will label violence against Tesla dealerships as domestic terrorism, per a transcript shared by the White House pool reporters, a sign of deepening ties with Elon Musk. “Tesla Takeovers” have been breaking out across the globe at Tesla dealerships as people protest what they see as a hostile takeover of […]
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