How India is trying to transform itself into a semiconductor power

Indian Prime Minister Narendra Modi’s government has sought to boost the country’s chip-making prowess. Sharma money | AFP | Getty Images Analysts say India could play a big role in the semiconductor industry, as the world’s fifth-largest economy looks to boost its domestic chip sector. Along with other countries such as the United States, India … Read more

Victorious Week in Saudi Arabia Reclaims the Embrace of the West

New York (AFP) – It seems that Saudi Arabia is leaving behind a torrent of negative coverage about the killing of Jamal Khashoggi. It has been snatched since 2018. The kingdom is once again enthusiastically welcomed back into the polite and powerful community, and the pursuit of Saudi investments is no longer frowned upon. or … Read more

Live stock market news: Investors dump US stocks, oil drops below $80 to hit energy stocks

SPAC merger linked to Trump loses support from PIPE investors Investors withdraw from Digital World Acquisition’s deal to merge with Trump Media & Technology Group, a Regulatory filing said. The moves come ahead of a special shareholder meeting on October 10 to approve the deal. The Special Purpose Acquisition Corporation (SPAC) said it has received … Read more

Google CEO Pichai answers questions about cost cuts at All Hands Meeting

Alphabet CEO Sundar Pichai points during a session at the annual meeting of the World Economic Forum (WEF) in Davos, on January 22, 2020. Fabrice Cofferini | AFP | Getty Images as such The Google Trying to navigate an unfamiliar environment of slowing growth, cutting costs and opposing employees about cultural changes, CEO Sundar Pichai … Read more

Estimates of epidemic unemployment fraud amount to 46.5 billion dollars

A federal watchdog found Thursday that fraudsters may have stolen $45.6 billion from the nation’s unemployment insurance program during the pandemic, using Social Security numbers for the dead and other methods to deceive and corrupt the US government. The new estimate is a dramatic increase from about $16 billion in potential fraud identified a year … Read more

How Meta and Google are using slack fears to clean the house

For nearly two decades, high-profile technology companies such as Google and Facebook (now Meta) have been known for their rapid hiring, luxury perksand corporate cultures galore. But now, with high inflation, the war in Ukraine, and other macroeconomic factors causing marketers to cut their advertising budgets, Big Tech’s work culture is changing. In recent months, … Read more

Semiconductor alliances between the United States and Asia can hold back China

Analysts told CNBC that leading chip makers, including the United States, are forming alliances, in part to secure the semiconductor supply chain and prevent China from being up-to-date. Places like the United States, South Korea, Japan and Taiwan, which have strong semiconductor industries, have sought partnerships around biotechnology. “The direct cause of all of this … Read more

Inflation is a global problem, and here’s how central banks deal with it

The perfect storm of stimulus liquidity during the pandemic, strong demand for goods, geopolitical chaos, and supply chain kinks have sent prices up globally. In Great Britain, the inflation rate is just under 10%, the highest in the Group of Seven. In Turkey and Argentina, annual inflation rates are expected to reach 80%. The Federal … Read more