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Showing posts from June 20, 2023

India Approves Micron's $2.7 Billion Semiconductor Testing Plant Ahead of PM Modi's US Visit: Report

India's cabinet has approved US chipmaker Micron Technology's $2.7 billion (roughly Rs. 22,159 crore) plan for a new semiconductor testing and packaging unit, a senior government source said on Tuesday ahead of Prime Minister Narendra Modi's state visit to the US. The government agreed production-linked incentives worth Rs. 110 billion ($1.34 billion) for the plant, which is set to be built in Modi's home state of Gujarat, the Indian official added. He declined to be identified ahead of a planned announcement during Modi's visit. Cabinet approval was required due to the size of the incentive package, the source added. Micron's plan had been previously reported but not the approval by cabinet. Spokespeople for Micron and the Indian government, including its technology ministry, did not respond to requests for comment. During his visit, which starts on Tuesday, Modi will meet the chief executives of a number of top American companies, including FedEx  and Mas

US Newspaper Chain Gannett Sues Google Says Tech Giant Holds Monopoly on Online Ads

Gannett , the largest US newspaper chain, on Tuesday sued Google , accusing the social media company of violating federal antitrust law by trying to monopolize the market for online advertising. The publisher of USA Today and more than 200 daily newspapers in a complaint filed in federal court in Manhattan said media are suffering because Google and its parent Alphabet  monopolize tools for buying and selling online ads. Gannett said this forces publishers to sell more ad space to Google at depressed prices, resulting in "dramatically less revenue for publishers and Google's ad-tech rivals, while Google enjoys exorbitant monopoly profits." Google did not immediately respond to requests for comment. Gannett is seeking unspecified damages. It filed its lawsuit five months after the US Department of Justice brought a similar lawsuit against Google over the Mountain View, California-based company's advertising technology. On June 14, the European Union filed its own

NoiseFit Crew Pro Smartwatch With 1.4-Inch AMOLED Display Launched in India: Price Features

NoiseFit Crew Pro smartwatch has been launched in India on Tuesday, June 20. The latest offering from the Indian wearables manufacturer comes in three different colour options. It features a 1.4-inch display, with support for Bluetooth calling equipped with Tru Sync. The NoiseFit Crew Pro features over 100 watch faces and several smart health monitors including heart rate and blood oxygen level sensors, a sleep tracker, and a female health tracker. The smartwatch is said to offer up to seven days of battery life. NoiseFit Crew Pro smartwatch price in India The newly launched NoiseFit Crew Pro smartwatch is available for an introductory price of Rs. 2,199 via NoiseFit website and Flipkart. The latest smartwatch from Noise is available in three different colour variants, namely Classic Black (Leather), Classic Brown (Leather), and Jet Black, whereas buyers can also choose from Classic Blue and Silver Grey watch straps. NoiseFit Crew Pro smartwatch specifications, features The Nois

Jack Dorsey Pledges $5 Million Towards Growth Development of Bitcoin Ecosystem: Details

A lot was said about the Bitcoin ecosystem being left behind in the game when the Etheruem blockchain transitioned into an eco-friendly proof-of-stake (PoS) mining model last year. While Bitcoin has managed to maintain its hegemony in the crypto kingdom, the Bitcoin blockchain ecosystem still has a margin to compete with the likes of other popular blockchains like Ethereum, Solana, and Polygon. Former Twitter CEO Jack Dorsey has decided to pledge $5 million (roughly Rs. 41 crore) to support the development of the overall Bitcoin ecosystem. Dorsey's grant-making organisation called Start Small will be wiring yearly amount of $1 million (roughly Rs. 8 crore) to Brink, a Bitcoin-focussed non-profit organisation over the period of five years, a report by CryptoPotato said. Bitcoin is a promising “truly censorship resistant” technology, Dorsey had said in a recent tweet earlier this week. Bitcoin and nostr are the only two truly censorship resistant technologies at scale. https:

Google Looking for Pixel Phone Assemblers in India in Early Talks With Lava Dixon and Foxconn

Alphabet 's Google is scouting for suppliers in India to assemble its Pixel smartphones as it borrows from Apple 's playbook to diversify beyond China. Google has initiated early conversations with companies including homegrown Lava International and Dixon Technologies India as well as Foxconn Technology Group 's Indian unit Bharat FIH, people familiar with the matter said, asking not to be named as the matter is private. Google would be the latest global technology player to move production to India. The potential partners it's talking to have won Prime Minister Narendra Modi's so-called production-linked financial incentives, which have boosted local manufacturing. Apple has used the program to widen its supplier base in India and tripled iPhone output to more than $7 billion (roughly Rs. 57,500 crore) in the fiscal year through March 2023. Modi has been pitching India as an alternative manufacturing hub, as more companies are becoming wary of the risks of