New Delhi, August 19 (Live8040): In a significant boost to the Indian government’s ‘Make in India’ initiative, particularly under the production-linked incentive (PLI) scheme, Taiwanese contract manufacturing giant Foxconn has reported a dramatic surge in its business in India. As of the last fiscal year, Foxconn’s India operations have reached an impressive $10 billion, underscoring … Read more
New Delhi, August 19 (Live8040): In a significant boost to the Indian government’s ‘Make in India’ initiative, particularly under the production-linked incentive (PLI) scheme, Taiwanese contract manufacturing giant Foxconn has reported a dramatic surge in its business in India. As of the last fiscal year, Foxconn’s India operations have reached an impressive $10 billion, underscoring … Read more
Bangalore, August 18, 2024 – Bangalore-based startup SaarthiAI is once again in the spotlight, but this time, it’s not for its cutting-edge AI solutions. The company is embroiled in a troubling incident following last year’s mass layoffs, as an ex-employee has allegedly stolen the CEO’s passport, which contained a crucial US visa. According to sources … Read more
San Francisco, Aug 18 (Live8040): In a surprising move, Elon Musk’s X, formerly known as Twitter, announced the immediate closure of its operations in Brazil on Saturday. The decision comes amid growing concerns for the safety of its staff in the South American country. Despite the closure of its physical operations, the social media platform … Read more
San Francisco, Aug 18 (Live8040): In a surprising move, Elon Musk’s X, formerly known as Twitter, announced the immediate closure of its operations in Brazil on Saturday. The decision comes amid growing concerns for the safety of its staff in the South American country. Despite the closure of its physical operations, the social media platform … Read more
Bengaluru, India — Foxconn, the Taiwanese electronics giant and one of the world’s largest contract manufacturers, has announced plans to establish its second-largest manufacturing plant globally in Karnataka, India. The new facility is set to generate 40,000 direct jobs, marking a significant boost for the local economy and the broader Indian manufacturing sector. This ambitious … Read more
Bengaluru, India — Foxconn, the Taiwanese electronics giant and one of the world’s largest contract manufacturers, has announced plans to establish its second-largest manufacturing plant globally in Karnataka, India. The new facility is set to generate 40,000 direct jobs, marking a significant boost for the local economy and the broader Indian manufacturing sector. This ambitious … Read more
Jakarta, Aug 16 (Live8040) – Indonesia has announced an ambitious goal to attract $25.2 billion in private sector investment to advance its green hydrogen development by 2060, according to the Ministry of Industry. This move is part of the country’s broader strategy to achieve carbon neutrality and transition to a more sustainable energy future. Green … Read more
Jakarta, Aug 16 (Live8040) – Indonesia has announced an ambitious goal to attract $25.2 billion in private sector investment to advance its green hydrogen development by 2060, according to the Ministry of Industry. This move is part of the country’s broader strategy to achieve carbon neutrality and transition to a more sustainable energy future. Green … Read more
August 16, 2024 — In a groundbreaking move that could significantly alter the landscape of digital payments, Apple has announced that it will allow third-party access to its iPhone payment chip, the Secure Enclave, for the first time. This decision opens the door to Bitcoin and other cryptocurrencies being used in “Tap to Pay” transactions, … Read more
