All posts tagged: companies..

Companies look to localise data storage, telecom tech

Companies look to localise data storage, telecom tech

Indian tech firms capitalise on policy changes to localize hardware and software, with CloudPhotonix and DigiBoxx leading the charge. File | Photo Credit: The Hindu From data centres to telecom equipment, Indian firms are capitalising on key policy developments to indigenise the Indian tech stack, from both a hardware and software point of view. The main movers are emerging from markets that sell to large businesses. One firm, CloudPhotonix, recently established by veterans of the transceiver industry, has quickly started selling the product to telecom firms, as networks look to move away from foreign, specifically Chinese-made components.  Meanwhile, at least one firm, DigiBoxx, is offering cloud storage and enterprise backup locally in India, anticipating demand from firms seeking to pre-emptively comply with localisation requirements in the wake of laws like the Digital Personal Data Protection Act, 2023. While the Act doesn’t currently require data localisation within Indian borders, it leaves that possibility open in some sectors; the Reserve Bank of India already requires Indians’ payment data to be stored locally. Late last year, CloudPhotonix co-founder …

Hollywood News Live Today January 13, 2025 : Tyler Perry blasts insurance companies for mass policy cancellations ahead of LA wildfires: ‘Pure greed’

Hollywood News Live Today January 13, 2025 : Tyler Perry blasts insurance companies for mass policy cancellations ahead of LA wildfires: ‘Pure greed’

Hollywood News Live: Stay updated with the latest Hollywood news. Get real-time updates on movies, celebrity events, gossip, and red carpet highlights. We bring you the hottest entertainment stories as they happen, all in one place! Latest news on January 13, 2025: Latest entertainment news on January 13, 2025: Honoree US actor and director Tyler Perry arrives for The Paley Center for Media gala at the Beverly Wilshire Hotel in Beverly Hills on December 4, 2024. (Photo by ETIENNE LAURENT / AFP) Hollywood News Live: Hollywood Get real time updates on Hollywood news, your go-to source for the latest updates in the entertainment world. From breaking celebrity news to new movie releases and red carpet moments, we’ve got you covered. Stay tuned as we bring you real-time updates on all the exciting happenings in Hollywood, including exclusive scoops, interviews, and much more!…Read More This is an AI-generated live blog and has not been edited by Hindustan Times staff. Follow all the updates here: Jan 13, 2025 5:57 AM IST Hollywood News LIVE: Tyler Perry blasts …

Tyler Perry blasts insurance companies for mass policy cancellations ahead of LA wildfires: ‘Pure greed’ | Hollywood

Tyler Perry blasts insurance companies for mass policy cancellations ahead of LA wildfires: ‘Pure greed’ | Hollywood

Tyler Perry is calling out insurance companies for abandoning Los Angeles residents in their time of need. The actor and filmmaker criticised the industry for canceling “millions of policies” just as catastrophic wildfires wreak havoc across the region. As of Jan 12, about 16 people are believed to have lost their lives in the blazes ravaging Los Angeles County, and meanwhile, reports of missing persons are rising. Honoree US actor and director Tyler Perry arrives for The Paley Center for Media gala at the Beverly Wilshire Hotel in Beverly Hills on December 4, 2024. (Photo by ETIENNE LAURENT / AFP)(AFP) Tyler Perry calls out ‘greedy’ insurance companies In a heartfelt Instagram post, Perry shared the story of a woman desperately using a garden hose to protect her elderly parents’ home after losing insurance coverage, describing the actions of insurers as “pure greed.” Also read: Game Changer box office collection day 3: Ram Charan-Shankar film crosses Indian 2 lifetime, mints over ₹88 crore “Watching a daughter use a garden hose to try and protect her 90- …

Blake Lively and Justin Baldoni Case Takes New Turn as PR Chief Stephanie Jones Targets Tech Companies; READ

Blake Lively and Justin Baldoni Case Takes New Turn as PR Chief Stephanie Jones Targets Tech Companies; READ

Stephanie Jones, who is a former PR chief of Justin Baldoni, is coming forth with her subpoenas. While there is a lot already going on between Blake Lively and Justin Baldoni, the case has taken a new turn following Jones’s subpoenas.  Three weeks after Stephanie Jones sued Baldoni, along with Crisis PR boss Melissa Nathan, Justin Baldoni’s Wayfarer Studios, and flack Jennifer Abel for defamation and breach of contract, she is now going after several tech companies.  The Joneswork founder is aiming at the tech companies to get the information about who said what about what to whom.  As per Deadline, these subpoenas are third-party servings being given to the corporate entities of WhatsApp, Signal, website hosts Hostinger and Name Cheap, digital publishing platform AnyFlip, and chatbot company Gab AI. Per the outlet, the subpoena filings in New York state court read, “Disclosure is being sought because, upon information and belief, you possess documents and communications material and necessary to the prosecution or defense of this action, including (but not limited to) information related to …

Yearender 2024 Tupperware to Bodyshop to evergrande key companies that filed for bankruptcy this year business news – India TV

Yearender 2024 Tupperware to Bodyshop to evergrande key companies that filed for bankruptcy this year business news – India TV

Image Source : PIXABAY Yearender 2024: Notable companies that went bankrupt in 2024. Yearender 2024: In the year 2024, several high-profile companies faced financial turmoil and finally filed for bankruptcy. This year, a mix of economic pressures and shifting market dynamics pushed some key players across industries into financial distress.   What is Bankruptcy?  Bankruptcy is a legal proceeding for people or businesses that are unable to repay their outstanding debts. It is a process that allows them to meet their debt obligations to restructure or liquidate their assets. Bankruptcy often signals a last-ditch effort to salvage operations, address creditor claims, or wind down entirely.  Let us take a look at the top companies that sought bankruptcy protection in 2024, and what led to their downfall. Tupperware Tupperware, a leading name in kitchen and home storage solutions, filed for bankruptcy in September 2024. The company was founded in 1946 by Earl Tupper with his revolutionary airtight plastic containers, the company listed assets of $500 million-$1 billion and liabilities of $1 billion-$10 billion. Tupperware’s financial struggles lead to bankruptcy. …

As robotaxi companies stumble in the US, China’s fleet is growing

As robotaxi companies stumble in the US, China’s fleet is growing

The same day that General Motors announced that it would stop funding its beleaguered robotaxi company Cruise, one of China’s leading autonomous vehicle operators made a different sort of announcement. Pony.ai said it would expand its robotaxi fleet from about 250 to at least 1,000 vehicles in 2025, thanks to a partnership with GAC Aion, a division of one of China’s biggest automakers. With a larger fleet, the company says it plans on growing its service areas in the so-called first-tier cities of Beijing, Guangzhou, Shanghai, and Shenzhen. Pony’s current fleet averages 15 rides per vehicle per day, which translates to over 26,000 trips every week. China is winning the race It was another example of how access to cheap, plentiful electric vehicles as well as a lax regulatory environment and other state-fueled incentives are fueling China’s aggressive approach to autonomous vehicles. Baidu, another major Chinese AV operator, recently detailed its own efforts to bring the cost per vehicle down to around $30,000. Baidu also has a joint venture with automaker Geely to make driverless …

Trump’s pick for FTC chair promises to go after ‘censorship’ from tech companies

Trump’s pick for FTC chair promises to go after ‘censorship’ from tech companies

President-elect Donald Trump has selected Andrew Ferguson to be the next chair of the Federal Trade Commission. Ferguson will take over for Lina Khan, who has earned praise from Vice President-elect J.D. Vance for her efforts to fight big tech. “Andrew has a proven record of standing up to Big Tech censorship, and protecting Freedom of Speech in our Great Country,” Trump says in a post on Truth Social. According to a document obtained by Punchbowl News’ Ben Brody, Ferguson’s pitch for the job included intentions to “reverse Lina Khan’s anti-business agenda,” “hold big tech accountable and stop censorship,” and “protect freedom of speech and fight wokeness.” The document also said Ferguson would “fight back against the trans agenda.” Ferguson was first sworn in as an FTC commissioner in April, but Trump says that Ferguson will begin his role as chair on “day one” of his administration. “At the FTC, we will end Big Tech’s vendetta against competition and free speech,” Ferguson writes in a post on X. “We will make sure that America is …

OpenAI Sued by Canadian News Companies Over Alleged Copyright Breaches

OpenAI Sued by Canadian News Companies Over Alleged Copyright Breaches

Five Canadian news media companies filed a legal action on Friday against ChatGPT owner OpenAI, accusing the artificial-intelligence company of regularly breaching copyright and online terms of use. The case is part of a wave of lawsuits against OpenAI and other tech companies by authors, visual artists, music publishers and other copyright owners over data used to train generative AI systems. Microsoft is OpenAI’s major backer. In a statement, Torstar, Postmedia, The Globe and Mail, The Canadian Press, and CBC/Radio-Canada said OpenAI was scraping large swaths of content to develop its products without getting permission or compensating content owners. “Journalism is in the public interest. OpenAI using other companies’ journalism for their own commercial gain is not. It’s illegal,” they said. A New York federal judge dismissed a lawsuit on Nov. 7 against OpenAI that claimed it misused articles from news outlets Raw Story and AlterNet. In an 84-page statement of claim filed in Ontario’s superior court of justice, the five Canadian companies demanded damages from OpenAI and a permanent injunction preventing it from using …

AI, algo trading companies set to steal the show at IIT placements

AI, algo trading companies set to steal the show at IIT placements

With the AI excitement sweeping over the technology landscape, interest in conventional roles such as product manager and regular engineers appears to have ebbed. According to placement executives at the IITs, some of the top demands are for experts in cognitive science, data scientists, quantitative strategists and developers, and AI-focused developers, researchers and application engineers. The race for AI talent stands out in a curious job description from Palo Alto-based Turing: The candidate must be able to frame a multiple-choice question paper that Google and ChatGPT can’t solve. The successful candidate could join with the option to work from home, a student who saw the job description said. “We are excited about the talent from IITs,” said an executive from US-based Abacus AI, which is looking to hire during the IIT placements. “We think these engineers can completely take AI to the next level and create AI agents and engineers that, in turn, can create applied AI systems,” the official said. The Abacus executive did not address the planned compensation, but students in two of …

Global companies that might be affected by Donald Trump’s promised tariffs on Canada, Mexico, China. | World News

Global companies that might be affected by Donald Trump’s promised tariffs on Canada, Mexico, China. | World News

President-elect Donald Trump on Monday pledged tariffs on the United States’ three largest trading partners – Canada, Mexico and China – detailing how he will implement campaign promises that could trigger trade wars. Donald Trump on Monday pledged tariffs on the United States’ three largest trading partners – Canada, Mexico and China.(REUTERS) Here are companies with a manufacturing presence in Mexico. AUTOMAKERS Honda Motor sends 80% of its Mexican output to the U.S. market and its chief operating officer Shinji Aoyama warned on Nov. 6 that it would have to think about shifting production if the U.S. were to impose permanent tariffs on vehicles imported from the country. Nissan Motor has two plants in Mexico where it makes the Sentra, Versa and Kicks models for the U.S. market. It produced nearly 505,000 vehicles in Mexico in the first nine months of 2024. The company does not disclose how many of those were exported to the U.S. market. Toyota Motor has a smaller footprint in Mexico, making only its Tacoma pick-up truck at two plants there. …