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Tech investors are closely monitoring the ongoing legal battle involving TikTok, as the platform’s future could significantly impact major tech companies like Meta, Alphabet, and Oracle. These companies, alongside smaller rivals, are poised for potential gains or losses depending on how the situation unfolds. The U.S. Court of Appeals in Washington is expected to issue a crucial decision regarding a law mandating TikTok’s China-based parent company to sell the app by January 19 or face a ban in the United States. Regardless of the ruling, appeals are likely, keeping traders…

India is witnessing a surge in global submarine optic fibre infrastructure as tech giants Google and Meta invest billions to establish landing stations for subsea cables. This growing presence is likely to stir competition with local telecom giants like Reliance Jio, Bharti Airtel, and Tata Communications as the demand for data services expands rapidly across the country. Key opportunities are also emerging for neutral players like Sify Technologies and Lightstorm, which offer cost-effective infrastructure compared to telecom heavyweights. Industry insiders reveal that Google’s Blue-Raman Submarine Cable System is set to…

Apple and Baidu are collaborating to introduce AI features to iPhones in China, but the process has hit several roadblocks that might impact iPhone sales in the region. The two companies are working to adapt Baidu’s advanced large language models (LLMs) for iPhone users. However, they are encountering difficulties with the models’ ability to understand prompts and deliver accurate responses to everyday scenarios. According to recent data, iPhone sales in China dropped by 0.3% in the third quarter, while rival brand Huawei experienced a significant 42% increase in sales, reflecting…

The Indian Space Research Organisation (ISRO) has rescheduled the launch of the PSLV-C59 mission, which will carry the European Space Agency’s (ESA) PROBA-3 spacecraft. Originally set for December 4, the launch has now been rescheduled to December 5, 2024, at 4:04 PM IST. The delay was caused by an anomaly detected in the spacecraft. The PSLV-C59 rocket will deploy the PROBA-3 spacecraft into a highly elliptical orbit, marking a significant milestone in space exploration. This mission is a collaborative effort between ISRO and NewSpace India Limited (NSIL), and it is…

OpenAI CEO Sam Altman has announced a new event called “12 Days of OpenAI,” set to begin on December 5. The event will showcase a series of new AI tools and products from the company over the next 12 days. Although Altman did not reveal the exact details, reports suggest that the lineup may include the AI video generator called Sora and a new reasoning model. In a tweet, Altman mentioned that each weekday would feature a livestream showcasing new launches or demonstrations, some of which will be significant, while…

On Thursday, December 5,  Britain gave the green light to the 19 billion-Dollar merger between Vodafone UK and Hutchison’s Three UK. This deal, which creates the largest mobile operator in the country, reduces the number of major mobile networks from four to three. The Competition and Markets Authority (CMA) had initially raised concerns that the merger could drive up prices for consumers. However, the regulator later acknowledged that the companies’ commitments to invest in network development and offer protections for customers were sufficient to address these concerns. The CMA said,…