India restricts laptop and server import to boost local manufacturing
India restricted import of laptops, servers and many other consumer-electronic devices on Thursday, saying it will impose a licensing permit for imports in a move analysts say appears to be aimed at boosting the local manufacturing efforts.
“Import of laptops, tablets, all-in-one personal com
Previous governments’ incompetence crippled India’s semiconductor growth, deputy IT minister says
In an indictment of past administrations, a senior Indian minister blamed their strategic and political vision and “a big dose of incompetence” as significant contributors to the country’s underdeveloped semiconductor industry.
“India has missed the bus repeatedly on electronic
Whither Israel? Israeli tech players comment on the impact of the country's convulsions
As we covered in April, Israel has become convulsed by “reforms” to the judiciary, proposed by the Benjamin Netanyahu-led government, which passed yesterday. There is now deep concern that the judiciary's 75-year history as an institution independent and separate from the government could b
Tech warriors in the battle for Israel's democracy
Israel is a country that has battled for its existence and survival since Day 1.
Having fought multiple wars and living with ongoing threats, Israelis are now in a fierce battle for their democracy. This battle is not fought with tanks or guns but with the power of unity, protest, and the determina
Suspending access to medication abortions will threaten telehealth access
Telehealth has revolutionized the way healthcare services are delivered, becoming an increasingly popular means of providing remote medical care to patients. This was particularly true throughout the COVID-19 pandemic when telehealth was a crucial part of combating a public health crisis.
We are no
OpenAI’s head of trust and safety Dave Willner steps down
A significant personnel change is afoot at OpenAI, the artificial intelligence juggernaut that has nearly single-handedly inserted the concept of generative AI into global public discourse with the launch of ChatGPT. Dave Willner, an industry veteran who was the startup’s head of trust and sa
India tax officials search edtech UpGrad offices
Officials from India’s GST tax department are searching the offices of UpGrad, an edtech unicorn that counts Temasek, James Murdoch’s Lupa Systems and World Bank's International Finance Corporation among its backers, the startup said Wednesday.
“It's a routine survey and w
Europe greenlights Broadcom's $61B VMware acquisition
The European Commission (EC) has formally approved Broadcom’s $61 billion bid for virtualization software giant VMware, with the caveat that Broadcom fulfills certain ongoing commitments around access and interoperability.
The megabucks deal, which sits among the biggest tech acquisitions of
China wraps up fintech crackdown with big fines on Tencent, Alibaba
The regulatory crackdown that has shaken up China’s fintech industry since late 2020 appears to be coming to a close with the imposition of hefty fines on the country’s two digital payments giants.
Tencent, along with its payments subsidiary Tenpay, has been fined approximately 2.99 bil
EU’s competition unit takes a deeper look at Amazon’s iRobot acquisition
Amazon’s planned acquisition of iRobot is now under in-depth antitrust scrutiny in the European Union.
The $1.7 billion deal for the ecommerce behemoth to pick up the robot vacuum maker, announced just under a year ago, was cleared by competition regulators in the U.K. last month. But EU regu
NYC’s anti-bias law for hiring algorithms goes into effect
After months of delays, New York City today began enforcing a law that requires employers using algorithms to recruit, hire or promote employees to submit those algorithms for an independent audit — and make the results public. The first of its kind in the country, the legislation — New
Pornhub blocks access in Mississippi, Virginia and Utah amid changing laws
Pornhub is blocking access from users in Mississippi, Virginia and Utah, which have recently passed laws that require age verification to access adult websites.
Similar legislation went into effect in Louisiana at the start of the year. To comply, Pornhub required visitors to verify their age with
FTC finally proposes ban on fake reviews
The FTC has proposed a new rule banning numerous forms of fake reviews online, from outright fabricated ones to those that are sketchily repurposed or secretly manipulated. It may not totally rehabilitate the notoriously unreliable online review ecosystem, but it could help make things a bit more b
FTC reportedly finalizing its biggest Amazon antitrust case yet
The moment Amazon feared when FTC Chair Lina Khan was appointed may soon arrive: Bloomberg reports that the agency is putting the final touches on its most substantial antitrust case against the tech giant, and could file suit in the next few weeks.
According to documents viewed by Bloomberg and so