Iran conducted suborbital test with Qased satellite launch vehicle, report says
'The results of this test will be used to improve the performance of the country's satellites and space systems,' the Tasnim report said.
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Hindustan Times
an hour ago
- Hindustan Times
Why did Donald Trump warn tech giants like Google and Microsoft against hiring Indians?
US President Donald Trump on Wednesday lashed out at major American technology companies for outsourcing manufacturing to China and employing workers in countries like India. US President Donald Trump gestures during an event in Washington DC, July 23, 2025(REUTERS) Speaking at the AI Summit in Washington, Trump declared that such practices would no longer be tolerated under his administration. 'Many of our largest tech companies have reaped the blessings of American freedom while building their factories in China, hiring workers in India and slashing profits in Ireland, you know that,' Donald Trump said. 'All the while dismissing and even censoring their fellow citizens right here at home. Under President Trump, those days are over.' The remarks came as the President signed three executive orders aimed at boosting the US artificial intelligence (AI) sector. Among these was a sweeping White House action plan titled the America's AI action plan, designed to secure US leadership in global AI development. 'America first' strategy Trump urged technology giants like Google and Microsoft that are based in US to adopt a more patriotic approach to their operations, aligning with what he described as national interests. 'We need US technology companies to be all in for America. We want you to put America first. You have to do that. That's all we ask,' news agency PTI quoted Trump as saying. He further called for 'a new spirit of patriotism and national loyalty in Silicon Valley and long beyond Silicon Valley.' Framing AI development as essential to economic and military supremacy, Trump declared: 'America is the country that started the AI race, and as president of the United States, I'm here today to declare that America is going to win it.' He added, 'Winning this competition will be a test of our capacities unlike anything since the dawn of the space age.' Trump's recent comments criticising American tech companies for outsourcing jobs and hiring foreign workers have sparked concern among the global tech community, particularly in countries like India. While no formal policy changes have been announced as of now, industry experts say the President's remarks could influence the hiring decisions of major tech firms that depend on skilled talent from India. Indian professionals working in areas such as software development, data science, and artificial intelligence in the US may now face growing uncertainty.
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First Post
4 hours ago
- First Post
Over 80% solar inverters Chinese-made, India moves to shield power grid from cyber risks
As more than 80% of rooftop solar inverters used in India are made in China, India has moved to shield them from cyber risks by mandating to connect such devices to a national software platform hosted on servers in India that will be managed by an Indian government agency. read more Valerii Pyndyk, head of a housing association board, appears on the roof of an apartment building, where solar panels were installed, in Kyiv, Ukraine, Nov. 14, 2024. (Representative Photo, Credit: Reuters) The Centre has issued guidelines to protect solar power equipment from potential cyberattacks and stop Indian data being used by bad actors abroad. As per a directive from the renewable ministry, suppliers of rooftop solar inverters will be required to connect these machines to a national software platform hosted on servers in India that will be managed by an Indian government agency, according to Bloomberg. The directive further said that all communication devices connected to such inverters will be required to use special SIM cards that let machines securely share data without human input. Notably, more than 80 per cent of such devices are made in China. STORY CONTINUES BELOW THIS AD 'Inverter communication modules that transmit data to servers outside India not only pose risks of unauthorised control but also threaten national energy sovereignty by exposing sensitive consumption and generation data,' the renewable ministry said. Rooftop solar inverters are considered the most vulnerable part of the green power supply network due to limited technological safeguards, as per Bloomberg. In recent years, there have been concerns about electronic and renewable equipment's data-sharing aspects. As a large chunk of such equipment either comes in China and many companies use servers abroad, there are concerns that foreign bad actors could misuse the data or plant some vulnerability in the system or find a vulnerability by studying these systems. India is not the only country with such concerns. In May, Reuters reported that the United States was assessing the risk posed by Chinese inverters after unexplained communication devices was discovered inside some machines. In recent years, China has escalated cyberattacks on nations it treats as adversaries, such as the United States and India. It has particularly targeted critical sectors like energy and telecommunications, attacking power grids and mobile networks. There have also been concerns about Chinese smart devices, such as smartphones, being used by the Chinese regimes to spy on governments and people, that have led to some countries blocking Chinese companies like Huawei from their critical systems. STORY CONTINUES BELOW THIS AD
Indian Express
4 hours ago
- Indian Express
Intel is cutting more jobs as CEO Tan tries to fix manufacturing missteps
Intel is going to end the year with a workforce that is over a fifth smaller than last year, it said on Thursday, and new CEO Lip Bu Tan presented a blueprint for a more cost-disciplined, streamlined chipmaker that would issue 'no more blank checks.' The job cuts – a majority of which have been completed already – are part of an effort by Tan since he took the helm in March to turn around the storied U.S. chipmaker. Intel has divested businesses, laid off employees and redirected resources. The company has underperformed due to years of management blunders. Intel has virtually no foothold in the booming AI chip industry that is dominated by Nvidia, and its longtime rival AMD has been gaining share in Intel's mainstay personal computer and server semiconductor markets. Its ambitious and costly plan for a chip contracting business that rivals that of Taiwan's TSMC has failed to take off. But Tan on Thursday signaled that he had taken charge of the company and was trying to wrest it back from what he viewed as previous missteps. 'There are no more blank checks,' Tan wrote in a memo to employees. 'Every investment must make economic sense. We will build what our customers need, when they need it, and earn their trust through consistent execution.' But shares still fell 4.5% in extended trading after the company forecast steeper third-quarter losses than Wall Street estimated. Tan also told analysts on a conference call that he believes Intel's so-called 18A manufacturing process – in which his predecessor Pat Gelsinger had deeply invested – could generate a reasonable return only if it is used for Intel's own products. Reuters reported earlier this month that Tan is debating whether to quit offering that technology to external customers. As part of the job cuts, Intel attempted to take a 'surgical' approach and remove layers of middle management, finance chief David Zinsner told Reuters. 'We took out about 50% of the layers of the company,' he said. The company is cutting its workforce by 15% from 96,400 that it reported at the end of June. It plans to further reduce headcount to 75,000 by the end of the year, down 22% from the end of 2024, which will be through attrition and 'other means,' according to the company. 'They may have overspent on 18A … but I think this is the painted picture of a new fiscally disciplined base that they're going to go from here. I think that's the right approach,' said Ben Bajarin, CEO of tech market analysis firm Creative Strategies. In the memo to employees, Tan said Intel is changing its strategy for building manufacturing capacity and now plans to build factories only when the demand for its chips is there. Previously, the company had built factories ahead of demand in the U.S. and elsewhere. Intel is now working to bring its 18A technology to high volume. Tan said in the memo that the company plans to take a disciplined approach to investments in the next-generation 14A manufacturing process, and in its quarterly securities filing, Intel said that if it fails to find a significant external customer for 14A, it may be forced to exit the chip manufacturing business. Tan wrote the company now plans to slow construction work on new factories in Ohio and halt planned factories in Poland and Germany, and consolidate chip packaging operations in Costa Rica with its other packaging operations in Vietnam and Malaysia. 'I do not subscribe to the belief that if you build it, they will come,' Tan said on the call with analysts. He later added that he will personally review and approve each of Intel's major chip designs. Intel said it expects a third-quarter loss of 24 cents per share, steeper than estimates of losses of 18 cents per share, according to data from LSEG. It expects revenue of $12.6 billion to $13.6 billion for the September quarter, with a midpoint of $13.1 billion that was higher than analysts' average estimate of $12.65 billion. While semiconductors are currently exempt from U.S. President Donald Trump's sweeping global tariffs, Intel and its fellow chipmakers are facing customers who are reluctant about spending commitments amid widespread macroeconomic uncertainty. Customers have pulled shipments forward to the first half of the year amid trade uncertainty. Intel's second-quarter revenue for the period ended June 28 was flat at $12.9 billion, snapping a four-quarter streak of sales declines. The result beat estimates of $11.92 billion. Intel said job cuts contributed to restructuring costs of $1.9 billion in the second quarter. It recorded June quarter adjusted losses of 10 cents per share, compared with estimates of a profit of 1 cent per share. Its unadjusted loss was 67 cents per share in the second quarter, steeper than analyst estimates of a 26-cent-per-share loss.
