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Baidu says domestic tech will shield AI push from US curbs
Baidu asserts that U.S. export controls on semiconductors will not significantly hinder its AI development, citing access to domestic alternatives. The company's first-quarter revenue surpassed expectations, driven by growing demand for its AI cloud services. Baidu is actively innovating in AI, launching new models and upgrading existing ones to compete in the evolving landscape.
Motorola Solutions nears $4.5 billion deal for radio maker Silvus
Motorola Solutions is reportedly in advanced discussions to acquire Silvus Technologies, a wireless-radio maker, for approximately $4.5 billion. A deal could be announced within weeks, marking Motorola's second-largest acquisition ever if finalized. Silvus, owned by TJC, specializes in secure communication systems for military and law enforcement, aligning with Motorola's focus on high-tech security products.
MyWall: The ultimate lifestyle app for creators
MyWall is a lifestyle app designed for creators to monetize their content and gain access to various perks like dining, luxury stays, and home upgrades without spending money. It offers multiple income streams for creators and helps brands with effective influencer marketing through detailed analytics and seamless campaign management.
US court says Riju Ravindran’s testimony “lacks credibility”, imposes penalty: Byju’s lender group
An Indian tech firm, Think & Learn Pvt, faces penalties for concealing $533 million from lenders. Riju Ravindran, a director, failed to locate the funds, prompting US Bankruptcy Judge Dorsey to call his testimony dishonest. Despite no extradition treaty, fines loom. The dispute centers on creditors versus Think & Learn, embroiled in US courts.