July 4, 2025

The Download: India’s AI independence, and predicting future epidemics

This is today’s edition of The Download, our weekday newsletter that provides a daily dose of what’s going on in the world of technology. Inside India’s scramble for AI independence Despite its status as a global tech hub, India lags far behind the likes of the US and China when it comes to homegrown AI. That gap…

India’s central bank abandons UPI rival project

April 7, 2023

India’s central bank has halted its plans for a high-profile project intended to rival the nation’s dominant payment system, Unified Payments Interface. The project had attracted significant interest from a variety of major conglomerates, tech giants, and financial institutions, including Amazon, Reliance, Facebook, Tata Group, Google, HDFC, and ICICI. The Reserve Bank of India had […]

India’s central bank abandons UPI rival project by Manish Singh originally published on TechCrunch

Samsung cuts memory chip production as it hits worst quarterly profit since 2009 

April 7, 2023

Samsung Electronics plans to cut back memory chip production as its operating profit in the first quarter of 2023 is expected to plummet about 96% from the previous year. This will be the lowest profit posted by the South Korean tech giant since 1Q 2009.   The global macroeconomic slowdown, memory chip oversupply and sluggish demand […]

Samsung cuts memory chip production as it hits worst quarterly profit since 2009  by Kate Park originally published on TechCrunch

Tesla China boss Tom Zhu named SVP as country sales boom

April 7, 2023

China has been a major sales driver for Tesla in recent times, thanks to the company’s aggressive price cuts. The country delivered 88,869 vehicles in March, according to fresh estimates from the China Passenger Car Association. That means more than half of the carmaker’s Q1 deliveries originated from its Shanghai factory. Tesla Q1 deliveries beat […]

Tesla China boss Tom Zhu named SVP as country sales boom by Rita Liao originally published on TechCrunch