Approval of new online games suspended by China: report

China has temporarily suspended approval of all new online games in an attempt to curb gambling addiction among young people, the South China Morning Post reported on Thursday, citing people with knowledge of the matter. The decision was revealed at a meeting between Chinese officials and industry giants Tencent and NetEase, the report said, adding … Read more

Nvidia Seeks EU Approval for Arms Deal, Decision expired Oct 13: European Commission Request

Nvidia has sought EU antitrust approval for its $54 billion acquisition of Arm (about Rs. 3,98,090 crores), according to a European Commission document, with regulators likely echoing concerns similar to those expressed by the Arm’s watchdog. UK last month. The world’s largest graphics chip and AI maker announced the deal last year, raising concerns in … Read more

Starlink satellite Internet could reach India soon, said Elon Musk, CEO of SpaceX, that regulatory approval is underway

Starlink satellite Internet may soon reach India, with SpaceX founder Elon Musk touting its current status on Twitter. Starlink is a program initiated by SpaceX to provide Internet connectivity using a constellation of satellites, the first two of which were launched in February 2018. It is currently available in 14 regions including Australia, Canada, Chile, … Read more

Nvidia said to seek EU antitrust approval for a $54 billion armed deal

Nvidia is likely to seek EU antitrust approval for its $54 billion (about Rs. 3,97,240 crore) acquisition of British chip designer Arm early next month, with regulators expected to launch an investigation into large scale after preliminary review, people familiar with the matter said. The world’s largest maker of graphics and AI chips announced the … Read more

Huawei said to get US approval for license applications to buy car chips

US officials have approved license applications worth hundreds of millions of dollars for Chinese telecommunications company Huawei to buy chips for its growing auto components business, said two people familiar with the matter. Huawei, the world’s largest maker of telecommunications equipment, has been hampered by trade restrictions imposed by the Trump administration on the sale … Read more