Technifirm

Perplexity’s CEO, Aravind Srinivas, offered to step in during an impending strike by New York Times tech workers, sparking backlash online. The NYT Tech Guild plans to strike over unmet demands, including a 2.5% wage increase and in-office requirements. NYT’s publisher, AG Sulzberger, criticized the timing of the strike, with the presidential election imminent, while Srinivas offered Perplexity’s services to maintain election coverage. The offer, viewed as “scab” behavior by many on X, drew criticism for potentially undermining collective bargaining. Srinivas clarified that the support aimed to assist with technical infrastructure rather than replace NYT’s workforce, though specifics remain unclear. The NYT and Perplexity have also been in conflict over Perplexity’s alleged unauthorized use of Times articles in its AI models. #dailynews #dailynewspaper #dailynewsupdate #technews #technews24h #technewsdaily #technology #technologynews #technologysolutions #technology #technologynews #technologythesedays #innovation #updates #technifrim

While sci-tech advances empower all sectors, they also present challenges to global peace, noted Fu Cong, China’s UN representative, at a recent Security Council briefing. The rapid development of fields like AI, robotics, and 3D printing, he argued, heightens security risks. Fu criticized the U.S. and allies for imposing barriers under the guise of security, creating "small yards with high walls"—restrictive tech policies that, according to him, harm global cooperation and progress. Despite U.S. efforts to curb Chinese advancements, Fu emphasized that Chinese companies have intensified R&D, making breakthroughs in 5G, AI, and other fields. The tech divide, Fu warns, only hampers global innovation, urging instead for fair competition and cooperation. #dailynews #dailynewspaper #dailynewsupdate #technews #technews24h #technewsdaily #technology #technologynews #technologysolutions #technology #technologynews #technologythesedays #innovation #updates #technifrim

The surge in data centers worldwide, driven by the AI boom, has pushed Big Tech to explore sustainable energy solutions. Options under consideration include nuclear power, liquid cooling systems, and quantum computing. While some tech companies, such as Alphabet’s Google, have already invested heavily in nuclear energy and liquid cooling technology, critics warn about the environmental impact of this rapid expansion. The International Energy Agency projects continued growth, raising concerns over rising electricity demands. Industry leaders advocate for energy efficiency and sustainability, with ABB's Giampiero Frisio suggesting solutions like liquid cooling and uninterruptable power supplies. Quantum computing also emerges as a promising solution, with Quantinuum's CEO Raj Hazra emphasizing quantum’s role in supporting sustainable AI infrastructure. #dailynews #dailynewspaper #dailynewsupdate #technews #technews24h #technewsdaily #technology #technologynews #technologysolutions #technology #technologynews #technologythesedays #innovation #updates #technifrim

Thailand’s Board of Investment (BOI) has approved over 60 billion THB (1.7 billion USD) in investment support for two major data center projects. Alphabet subsidiary Quartz Computing will invest 32.76 billion THB to establish Google’s fifth Asian data center in Chonburi, set to open by early 2027. Meanwhile, China’s GDS subsidiary Digitalland Services will invest 28 billion THB in a data center in the same province, expected to begin operations in 2026. Both hyperscale centers aim to expand cloud services across ASEAN, reinforcing Thailand as a regional data hub. #dailynews #dailynewspaper #dailynewsupdate #technews #technews24h #technewsdaily #technology #technologynews #technologysolutions #technology #technologynews #technologythesedays #innovation #updates #technifrim

Pakistan has been named the 2024 'Tech Destination of the Year' at GITEX Global, a premier tech exhibition in Dubai. Represented by the Pakistan Software Export Board, Pakistan highlights its IT/ITeS sector's strength, with services exported to 170 countries at significantly lower costs than North America. Shaza Fatima Khawaja, Minister of State for IT & Telecommunication, emphasized Pakistan’s commitment to innovation and global collaboration, looking forward to showcasing the nation's tech talent. #dailynews #dailynewspaper #dailynewsupdate #technews #technews24h #technewsdaily #technology #technologynews #technologysolutions #technology #technologynews #technologythesedays #innovation #updates #technifrim

Success tastes sweeter when you've earned it through hard work. #quotation #quotationoftheday #quotationsforlife #quotationoftheday #motivation #motivational #motivationalquotes #motivationalspeaker #motivationnation #motivationmonday #motivationquotes #technifrim

US tech stocks pushed the Nasdaq Composite Index to a record high, rising 0.8% as Alphabet beat earnings forecasts, reporting a 15% revenue increase to $88.3 billion and a 34% profit jump. CEO Sundar Pichai attributed the success to innovation and strong AI momentum. Alphabet’s shares rose nearly 6% in after-hours trading, while Meta, Amazon, Microsoft, and Apple saw gains ahead of their earnings reports. Meanwhile, the S&P 500 edged up 0.2%, with broader gains tempered by declines in Ford and JetBlue. #dailynews #dailynewspaper #dailynewsupdate #technews #technews24h #technewsdaily #technology #technologynews #technologysolutions #technology #technologynews #technologythesedays #innovation #updates #technifrim 

Despite six years of U.S. tariffs, sanctions, and export controls targeting China’s tech sector, Xi Jinping's "Made in China 2025" initiative has largely succeeded. Research from Bloomberg reveals China has attained global leadership in five of 13 key technologies and is advancing rapidly in others. Although U.S. restrictions, like the 2022 chip export controls, have hindered access to advanced AI chips, gaps in enforcement have allowed Chinese firms to keep progressing. This trend risks isolating the U.S. while strengthening China's position in emerging industries like EVs, smartphones, and solar panels. #dailynews #dailynewspaper #dailynewsupdate #technews #technews24h #technewsdaily #technology #technologynews #technologysolutions #technology #technologynews #technologythesedays #innovation #updates #technifrim

Wall Street strategists emphasize that corporate earnings remain crucial for the stock market rally, especially as major Big Tech companies report earnings this week. According to Yardeni Research and Barclays, strong earnings results are essential, with analysts expecting “surprise” gains around 5-6% to maintain investor confidence. While the "Magnificent Seven" tech companies are forecasted to see an 18.1% rise in profits, the rest of the S&P 500 expects a modest 0.1% growth. High valuations tied to AI have raised the stakes for Big Tech. Baird’s Ross Mayfield highlighted that while Big Tech's fundamentals are solid, the rally now relies heavily on AI performance updates. Consequently, investors expect Big Tech to exceed growth forecasts, with recent performance trends rewarding companies that beat earnings estimates with an average 2.48% stock increase. #dailynews #dailynewspaper #dailynewsupdate #technews #technews24h #technewsdaily #technology #technologynews #technologysolutions #technology #technologynews #technologythesedays #innovation #updates #technifrim

Microsoft recently dismissed two employees, Abdo Muhammad and Hossam Nasr, following their organization of a vigil for Palestinians affected by the Israeli-Palestinian conflict. Both were active in "No Azure for Apartheid," an employee coalition opposing Microsoft’s sale of cloud services to Israel, citing human rights concerns. This incident highlights ongoing tensions as several tech companies, including Google and Amazon, face employee pressure to cut ties with Israel, particularly after their contracts supporting Israel’s military through cloud services, AI, and data storage. For instance, Google's Project Nimbus contract, a $1.2 billion deal with Israel, provides AI services that reportedly support military operations. Likewise, Amazon’s AWS and Microsoft Azure have supplied cloud services used in surveillance and data processing. Critics, including former employees, assert that these companies’ services contribute to human rights abuses. Despite potential repercussions, activists and employees continue advocating for ethical stances on tech’s role in conflict zones. #dailynews #dailynewspaper #dailynewsupdate #technews #technews24h #technewsdaily #technology #technologynews #technologysolutions #technology #technologynews #technologythesedays #innovation #updates #technifrim