Technology

TSMC Remains Unfazed by China's Metal Export Restrictions, Bolstering Global Semiconductor Supply

In a significant development for the global semiconductor industry, Taiwan Semiconductor Manufacturing Co Ltd (TSMC) announced today that it does not anticipate any direct production disruptions as a result of China’s recent restrictions on metal exports. These measures were implemented by China as part of its broader strategy to bolster domestic manufacturing capabilities. TSMC, the…
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Technology

TSMC Remains Resilient as China's Metal Export Curbs Unlikely to Impact Production, Sets New Industry Benchmarks

Global Chip Manufacturer TSMC Adapts Seamlessly to China’s Metal Export Restrictions, Maintains Stellar Performance Amid Industry Challenges In a recent development, Taiwan Semiconductor Manufacturing Co Ltd (TSMC), the world’s largest contract chip manufacturer, confidently asserts that it does not anticipate any direct impact on its production as a result of China’s metal…
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Technology

Global Venture Capital Funding Sees a Decline in First Half, Despite AI Frenzy

In the fast-paced world of technology, venture capital (VC) funding plays a critical role in fueling innovation and driving growth. However, the first half of 2023 has witnessed a surprising dip in global VC funding, sending shockwaves through the tech industry. Despite the ongoing frenzy surrounding artificial intelligence (AI) and its potential, the numbers indicate a shift in investor…
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Business

Meta's Instagram Threads Aims to Revolutionize Social Media Landscape, Challenging Twitter's Dominance

A Look Into Meta’s Strategic Move and the Potential Impact on the Social Media Industry In a bold strategic move that has sent ripples through the social media industry, Meta (formerly known as Facebook) has unveiled Instagram Threads, a new feature aiming to challenge Twitter’s longstanding dominance in the realm of real-time conversations. This latest development further solidifies…
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Business

Instagram Threads: Meta Sets Sights on Twitter Supremacy

Meta’s new Instagram Threads aims to revolutionize social media landscape with enhanced features and user engagement In a bold move to cement its dominance in the social media sphere, Meta, the parent company of Facebook and Instagram, has launched a groundbreaking app called Instagram Threads. This innovative platform aims to challenge Twitter’s supremacy by combining the best…
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Business

Tech Stocks Resilient as Global Equities Struggle: Market Analysis

In a landscape dominated by uncertain global equities, the tech sector emerges as a beacon of stability and resilience. Despite weak trends in the broader market, tech stocks have managed to maintain marginal gains, showcasing their robustness and potential for long-term growth. As the world continues to navigate through challenging economic conditions, the tech industry proves its mettle with…
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Business

Rupee Weakened by 20 Paise Against the US Dollar in Early Trade, Reflecting Economic Realities

Global factors and market sentiments impact the Indian currency, pushing it to a lower value In a volatile start to the trading day, the Indian rupee experienced a decline of 20 paise against the US dollar, settling at INR 82.45. The currency’s performance, largely influenced by global economic conditions and market sentiments, sheds light on the prevailing challenges faced by India’s…
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Art&Entertainment

Azusa Tadokoro’s 14th Single ‘Private Room’, out now!

Voice actress Azusa Tadokoro’s 14th single, ‘Private Room’ is out now. This track will be used as the ending theme for chapter 2 of the televised anime series ‘Malevolent Spirits: Mononogatari’, which will start airing in July 2023. Following on from her last single ‘Drumshiki Tansaki’, Kosuke Oki, who wrote the lyrics, and John Kanda, who composed the music, team up once again on…
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Business

India's Services Sector Witnesses Slight Dip in Growth, Maintains Positive Momentum

Purchasing Managers’ Index indicates a three-month low in June, but industry remains resilient The latest data from the Purchasing Managers’ Index (PMI) reveals that India’s services sector witnessed a marginal slowdown in growth during June, reaching a three-month low. However, despite this slight dip, the sector continues to demonstrate resilience and maintain positive…
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Business

Paytm's Merchant Payment Volumes Soar to INR 4.05 Lakh Crore, Highlighting Robust Growth in Q2 2023

Paytm achieves impressive YoY growth of 37% while loan disbursal surges over 2.5 times Paytm, India’s leading digital payments and financial services platform, has reported remarkable performance in the second quarter of 2023. In a recent regulatory filing, the company announced that its Merchant Payment Volumes (GMV) for the quarter ended June 2023 reached an impressive figure of INR 4.05…
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