With 90 out of 128 cos & 64% of investments, K'taka top beneficiary of Centre's EDF scheme
Karnataka received the most funding from the central government's Electronics Development Fund. The fund's associated venture funds invested over Rs 1,335 crore in 128 companies. Karnataka-based firms secured Rs 854.5 crore, representing nearly two-thirds of total investments. Telangana, Maharashtra, and Delhi also saw significant investments in technology startups. The fund, managed by Canbank Venture Capital Fund, is now in its divestment phase.
Jeff Bezos' quote on moving heavy, polluting industries to space and the future of travel
Sustainable tourism is essential for preserving Earth's natural beauty for future generations. Healthy ecosystems are vital for the travel experiences that inspire millions of people. Conscious travelers are increasingly choosing eco-friendly options and reducing waste. Space technology offers practical ways to enhance travel safety and environmental management. Protecting our planet ensures that Earth remains a beautiful destination for all.
Apple Launches Innovative Upgrade Leasing Program for iPhones, iPads, Macs, and Apple Watches in the UK
Apple has officially introduced its new leasing program, allowing users in the UK to experience the latest technology at a fraction of the cost. Customers can now upgrade their iPhones, iPads, Macs, and Apple Watches annually, making it easier than ever to stay current with Apple's cutting-edge devices.
Unveiling the Future of Astronomy: NASA's Nancy Grace Roman Space Telescope Set to Launch
NASA's highly anticipated Nancy Grace Roman Space Telescope is gearing up for its launch, promising to revolutionize our understanding of the universe. With its advanced technology and innovative capabilities, this telescope is poised to unlock the mysteries of dark energy and exoplanets like never before.
WATCH: Extraordinary moment French police say they are ordered to do nothing to stop migrant boat launches
French police officers have admitted they have orders to do nothing when migrants attempt to cross the English Channel and break into Britain. Conservative Shadow Home Secretary Chris Philp was speaking to Gendarmes on a beach, just a few feet from where an illegal launch was taking place.The UK pays France half a billion pounds a year to fund additional police, surveillance technology and enforcement measures aimed at disrupting people-smuggling gangs and reducing small boat crossings.Just toda...
Atlassian tightens tracking of staff AI use as other technology firms encourage ‘tokenmaxxing’
Some companies reportedly using leaderboards for employees who used the most AI in their workGet our breaking news email, free app or daily news podcastSoftware firm Atlassian has sought to tighten tracking of its staff’s AI spending by introducing “wallets” with monthly caps of up $2,000 for each employee, amid an explosion in costs at other tech companies.The move by Atlassian, which recently cited AI as part of the reason behind cutting 1,600 staff, bucks the trend of others in the tech sect...
‘People are loving it’: Formula One chief Domenicali hits back at critics of regulations
Chief executive says fans don’t care about technologySeason may finish in Europe due to war in Middle EastStefano Domenicali has issued a stout rebuttal to critics of Formula One’s current regulations, claiming most fans are enjoying the sport more than ever and are unconcerned by driver complaints.The Formula One chief executive also confirmed that this season finale would be staged in Europe if the last two grands prix, in Qatar and Abu Dhabi, are called off due to the Middle East war. Continu...
Major British manufacturer collapses into administration as all staff made redundant
An Edinburgh-based face mask manufacturer has fallen into administration, with all staff made redundant.The firm's board concluded that continuing to trade was no longer viable after efforts to find a strategic partner proved unsuccessful.Mask Logic, which specialised in bespoke respiratory protection using 3D scanning technology, ceased trading shortly before David McGinness and Judith Howson of AAB Business & Tax Advisory were appointed joint administrators.Mask Logic was established in 2021 d...
US bans imports of new Chinese robots over security concerns
The action is part of a wider US effort to reduce reliance on Chinese technology.
GST boost: Maharashtra emerges as India’s top state tax contributor
Maharashtra now leads states in tax revenue after the Goods and Services Tax implementation. This growth is supported by high domestic consumption and a large services sector. State tax collections have strengthened significantly since the GST reform began. Tax buoyancy for twenty-six states improved substantially after the GST introduction. Technology adoption and a wider taxpayer base also boosted revenue collections.
Nobel economist challenges Elon Musk to donate his $1 trillion fortune by 2036
Nobel laureate Daron Acemoglu challenged Elon Musk to donate his fortune by 2036. Musk responded positively, suggesting he may consider a major philanthropic move. His past giving has focused on science, education, and technology initiatives. Donating such a vast sum presents practical challenges regarding asset transfer and oversight. This potential commitment marks a notable shift in his philanthropic approach.
China's J-35 for Pak revives F-35 case for India despite Delhi's reluctance: Experts
US experts suggest offering F-35 jets to India as Pakistan may acquire Chinese J-35 fighters. India prefers technology transfer and domestic manufacturing over direct F-35 acquisition. Pakistan's J-35 induction expands China's military reach into South Asia. India's indigenous AMCA fighter is still years away from service. Integrating F-35 with Russian equipment poses significant security challenges.
The Ultimate Electric Speed War: Tesla Roadster 2026 vs Rimac Nevera - Who Reigns Supreme?
In the rapidly evolving world of electric hypercars, the Tesla Roadster 2026 and Rimac Nevera stand at the forefront, promising jaw-dropping power and speed. Buckle up as we dive into an electrifying head-to-head comparison of these two titans of technology!
Bill Gates' 2027 Predictions: Prepare to Be Shocked by His Bold Vision for the Future!
Bill Gates, the co-founder of Microsoft and one of the world's richest individuals, has made startling predictions for 2027 that could reshape our perception of technology and philanthropy. As his net worth hovers around $120 billion, Gates shares insights that may alter the course of the next decade - and you won't want to miss them!
Indian IT stocks rally: Why TCS, Infosys, Wipro are rising as global AI stocks plunge
The gains came even as India's IT sector continues to face headwinds, including subdued discretionary technology spending, pricing pressure, higher employee costs and uncertainty over how artificial intelligence could affect conventional outsourcing revenues.
Mooted WA oil refinery ‘dinosaur technology’ amid clean energy transition, experts say
A feasibility study for the Western Australian project will show the project is uneconomic and requires government subsidies, experts sayFollow our Australia news live blog for latest updatesSign up for climate and environment editor Adam Morton’s free Clear Air newsletter hereGet our breaking news email, free app or daily news podcastLeading Australian climate policy experts say a new oil refinery in Western Australia would be an investment in “dinosaur technology” that would require public sub...
US bans Chinese humanoid robots that Elon Musk once called Tesla's biggest rival
The US Federal Communications Commission has banned Chinese humanoid robots citing national security concerns. Advanced robotic devices pose unacceptable risks to United States security and its citizens. These robots possess sensors capable of collecting sensitive data on their surroundings. China is identified as a significant competitor in the growing humanoid robot market. This move tightens US control on Chinese technology across various sectors.
AI tool will lead to more child refugees being treated as adults, charity warns
‘Racist bias’ overestimating ages in Home Office’s facial-recognition software will lead to solo children being housed with adults, says Human Rights NetworkFlawed and racialised models that underpin the AI-powered age-detection systems to be introduced by the British government will endanger children, rights groups and children’s charities have warned.Urging ministers to reverse plans to introduce facial age-estimation technology to screen migrants, critics have warned that black children arriv...
Queensland and NT reject Labor’s push to ensure that power-hungry AI datacentres use renewable energy
Federal-state stoush comes as rating agency warns that electricity bills could skyrocketFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastQueensland and the Northern Territory have rejected the federal government’s plans to mandate that AI datacentres use renewable power, rubbishing Anthony Albanese’s proposals to regulate the booming technology as “underdeveloped ideas that hand increased power to Canberra”.The latest federal-state...
Queensland and NT reject Labor’s push to ensure that power-hungry AI datacentres use renewable energy
Federal-state stoush comes as rating agency warns that electricity bills could skyrocketFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastQueensland and the Northern Territory have rejected the federal government’s plans to mandate that AI datacentres use renewable power, rubbishing Anthony Albanese’s proposals to regulate the booming technology as “underdeveloped ideas that hand increased power to Canberra”.The latest federal-state...