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IndiaTimes of India ·

Micron CEO warns AI boom is outpacing memory chip production capacity

Micron Technology's CEO has highlighted that artificial intelligence is driving an unprecedented surge in demand for high-performance memory chips. The executive emphasized that AI systems fundamentally depend on advanced memory hardware to function, making it a critical component of the technology. This rising demand is currently outstripping Micron's ability to produce sufficient supply. The company's market capitalization briefly touched one trillion dollars amid growing investor enthusiasm around AI. The development underscores how memory chip makers are becoming central players in the broader AI infrastructure race.

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IndiaTimes of India ·

Zuckerberg buys Irish Gothic castle Strancally for $35 million

Meta CEO Mark Zuckerberg and his wife Priscilla Chan have purchased Strancally Castle, a historic Gothic mansion located in Ireland, for $35 million. The estate will serve as the couple's base whenever they visit the country. The acquisition holds strategic significance as Ireland hosts Meta's international headquarters. Zuckerberg and Chan have expressed their commitment to preserving the historic property.

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IndiaTimes of India ·

India caps SIM cards at 9 per person with new verification rules from Aug 24

India's telecom regulator is enforcing a rule that limits individuals to a maximum of nine mobile connections. Starting August 24, operators will begin verifying existing connections after the fact using subscriber photos sourced from the Digital Intelligence Platform. A full real-time system to identify and block excess connections must be operational by November 30. The measures are designed to enforce connection limits uniformly across all licensed telecom service areas.

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IndiaTimes of India ·

Bathinda villagers expose shoddy road by peeling off surface with bare hands

Residents of Kotbhara and Ramgarh Bhundar villages in Bathinda have raised serious concerns over the poor quality of a newly constructed road. The road surface was found to be so weak that villagers were able to peel off sections with their bare hands. Locals staged a demonstration to highlight the substandard construction work. Residents have formally notified authorities and are demanding a thorough investigation into the roadwork. Officials have acknowledged the complaints and pledged to look into the matter and take appropriate action.

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IndiaTimes of India ·

Musk Says Starlink Will Prioritise Rural Internet Access in India

Elon Musk has voiced support for deploying Starlink's satellite internet service across India, emphasising its potential to connect underserved rural communities. The service is designed to address persistent connectivity gaps in areas where 4G mobile networks remain limited or absent. Starlink's satellite-based infrastructure could overcome geographical and terrain-related barriers that have long hindered traditional network expansion. The Indian government is currently working on a regulatory framework to govern satellite spectrum allocation in the country. Meanwhile, Starlink continues to hold active discussions with Indian authorities ahead of a potential commercial launch.

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IndiaTimes of India ·

Rupee opens 9 paise stronger against dollar amid crude oil, geopolitical pressures

The Indian rupee gained 9 paise against the US dollar during Friday morning trade, continuing a recent upward trend. However, elevated crude oil prices and ongoing geopolitical tensions remain key headwinds weighing on the currency. The Reserve Bank of India has projected significant foreign currency inflows for the year, though these have not yet translated into substantial rupee appreciation. Meanwhile, domestic equity markets opened on a slightly negative note on the same day.

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IndiaNDTV ·

Trump Threatens Iran With Unprecedented Economic Sanctions

US President Donald Trump announced this week that Washington would impose an unprecedented level of economic pressure and isolation on Iran. The move marks a significant escalation in the United States' economic campaign against Tehran. Trump described the measures as a form of economic warfare aimed at squeezing Iran's finances. Analysts, however, have raised questions about how effective the new sanctions will be in changing Iran's behavior or policies.

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IndiaTimes of India ·

TCS Rolls Out Laptop Monitoring Tool, Raising Employee Privacy Concerns

Tata Consultancy Services (TCS) has reportedly deployed a Digital User Experience Monitoring tool on its company-issued laptops. The software is capable of tracking application usage and the time employees spend on their devices. While the tool is seen as a potential measure to bolster cybersecurity within the organization, it has sparked debate among employees and observers. Concerns have been raised around data collection practices, the extent of employee monitoring, access controls, and the overall transparency of the tool's deployment.

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IndiaTimes of India ·

Weight-Loss Drugs Like Ozempic Fuel Growth in Beauty and Nutrition Markets

The rising use of weight-loss drugs such as Ozempic is generating new demand in both the beauty and nutrition industries. Companies are developing protein- and fiber-rich products to address nutritional deficiencies common among users, with firms like Nestle and Tata Consumer among those preparing targeted offerings. Beauty brands are also responding by marketing makeup and skincare alternatives to cosmetic procedures for this growing consumer base. The trend is largely driven by rapid pharmaceutical advancements and an expanding patient population using these drugs. Analysts see this as an emerging market shaped by the intersection of medical and lifestyle industries.

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IndiaNDTV ·

Charter Plane With 8 People on Board Crashes in Alaska

A charter aircraft carrying eight people crashed in the US state of Alaska, according to reports. The plane had two pilots and six passengers on board at the time of the incident. The information was confirmed by Clint Johnson, the regional chief of the National Transportation Safety Board's Alaska division. The NTSB is the federal agency responsible for investigating aviation accidents in the United States.

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IndiaTimes of India ·

Jaipur Resort Ordered to Refund Rs 8.5 Lakh After Wedding Cancellation

A consumer commission in Jaipur has directed a resort to refund Rs 8.5 lakh out of a Rs 10 lakh advance paid for a wedding booking that was later cancelled. The commission ruled that the resort could not justify retaining the full advance amount. Since the resort failed to demonstrate actual financial losses caused by the cancellation, it was permitted to keep only Rs 1.5 lakh to cover legitimate booking expenses. The remaining Rs 8.5 lakh must be returned to the complainant within 45 days.

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IndiaTimes of India ·

Microsoft seeks legal engineer to build AI agents and train in-house lawyers

Microsoft has posted a job opening for a principal legal engineer tasked with developing AI agents and training the company's lawyers to use them. The role carries a base salary ranging from $147,000 to $278,900 annually. Candidates must be practising attorneys with at least seven years of experience and familiarity with AI legal tools such as Harvey or Microsoft's own Copilot. The listing, originally spotted on LinkedIn, was first reported by Business Insider. The move follows a similar hiring push by data analytics firm Palantir, which posted a comparable role just last month.

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IndiaNDTV ·

New Jersey teen withdraws social media addiction lawsuit against Meta and Google

A 15-year-old girl from New Jersey, identified as PM-Y in California court records, has dropped her lawsuit against Meta, Google, and Snap Inc before it went to trial. The teen had alleged that these tech companies' platforms contributed to her social media addiction, depression, and self-harm. The case was filed in California and targeted three of the biggest names in social media. The withdrawal comes before the matter could be heard and decided in court.

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