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chip bans: US chip bans not meant to hobble China's growth, Blinken says

Since 2022, US officials have imposed sweeping controls on which computing chips can be exported to China, cutting off some sales from Nvidia, Advanced Micro Devices and Intel, among others. Those controls followed earlier bans on shipping chips to Huawei Technologies.

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Alphabet: Google parent announces first-ever dividend; beats on sales, profit; shares soar

Alphabet announced its first dividend and a $70 billion stock buyback, leading to a 16% stock surge. The company invests in data centers for AI competition, beating sales and profit expectations, while Meta Platforms also declared its first dividend.

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Tata Electronics: Tata Electronics building Hi-tech machines to make iPhone casing

Tata Electronics is internally developing "very sophisticated" and complex high-precision machines used to produce the casing of these iPhone, sources told ET.

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Tech Mahindra: Tech Mahindra Q4 net profit down 41% to Rs 661 crore; revenue tanks 6.2%

The profit stood at Rs 1,118 crore in last year's March quarter. Sequentially, profit grew 29.6% from Rs 510 crore in the December quarter because of a one-off gain.

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tiktok ban: ByteDance prefers TikTok shutdown in US if legal options fail: report

ByteDance considers shutting down TikTok over U.S. ban legislation, unlikely to sell due to crucial algorithms. China opposes forced sale. Mnuchin shows interest. ByteDance's secret: the TikTok algorithm.

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AI task force: US-India Business Council launches AI task force with Meta as co-chair

The US-India Business Council's AI Task Force, co-chaired by Meta, drives cross-sector collaboration in AI. Infosys, UPS, BNY Mellon join the AI Board Advisory Committee to enhance innovation and collaboration, emphasizing responsible AI rollout and strategic industry alignment.

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Elon Musk: Elon Musk's X says posts of Australia bishop stabbing don't promote violence

Elon Musk's platform X resists ban on bishop stabbing video, sparking debate. Musk criticizes officials over alleged eSafety rule plot. Teen charged in attack, leading to police raids for extremist material.

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blinkit market cap: Blinkit contributes more to Zomato's market cap than its food delivery biz: Goldman Sachs

Blinkit boosts Zomato's value surpassing its food delivery business. Blinkits implied value is Rs 119 per share, while Zomatos food delivery business is valued at Rs 98 per share.

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Drive innovation from the front: Master the art of tech leadership with MIT xPRO's Post Graduate Certificate in Technology Leadership & Innovation program

Spotlight News: The integration of technological know-how with strategic leadership skills has become indispensable for success in a fast-evolving, technology-driven .

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Lenskart FY23: Lenskart revenue jumps to Rs 3,788 crore in FY23; trims losses to Rs 102 crore

On a standalone basis, Lenskart has been profitable, and reported a net profit of Rs 138 crore in FY23, a 25-fold jump from the previous fiscal. Standalone operating revenue stood at Rs 2,375 crore.

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