Page 47 - Tech Prowess News Today

TikTok CEO Chew optimistic in legal fight against Bidens TikTok ban. ByteDance has 270 days to sell U.S. assets. Concerns over Chinese ownership. U.S. lawmakers pass bill. Tech war between Washington and Beijing escalates.

Honasa Consumer is a leader in a bounty of new personal-care niche brands challenging global giants in India, according to Redseer Management Consulting Pvt

Beijing Xinzhida Neurotechnology unveiled Neucyber, a BCI implant similar to Neuralinks tech. It enables a monkey to control a robotic arm with thoughts, marking Chinas entry into high-performance invasive BCI technology.

Swiggy IPO: Swiggy plans to raise up to Rs 3,750 crore ($450 million) in fresh capital, in addition to an offer-for-sale (OFS) component of up to Rs 6,664 crore ($800 million). The food-delivery major is also looking to raise about Rs 750 crore from anchor investors in the pre-IPO round.

An analysis of employment contracts of top IT leaders shows that in recent years, payments to exiting CEOs at companies such as Tata Consultancy Services (TCS), Cognizant and Wipro have ranged from Rs 48 crore to Rs 92 crore.

The government of the Democratic Republic of Congo is accusing Apple of using "illegally exploited" minerals extracted from the countrys embattled east in its products, lawyers representing the African country said Thursday. Macs, iPhones, and other Apple products are "tainted by the blood of the Congolese people", the DRCs lawyers said.

Founded by Manoj Gupta and Gunjali Kothari, Flashaid is working on exclusive tie-ups with insurance companies to tailor-make products and partner with e-commerce platforms and brands to distribute insurance to their users.

CMA investigates Microsoft-Mistral AI, Amazon-Anthropic partnerships, Open AI collaboration. U.S. FTC orders data from generative AI firms, cloud providers. Report by Shabong, Sandle, Coulter.

Metas Q1 profit surged, beating estimates, yet stock slumped post higher expense forecast. Zuckerberg emphasizes long-term investments and positive Meta AI feedback.

Happiest Minds Technologies Ltd to acquire PureSoftware Technologies for USD 94.5 million, focusing on enhancing domain capabilities in BFSI and healthcare verticals, and expanding global presence in the USA, UK, India, Mexico, Singapore, and Malaysia.