Author: Palak Sharma

Palak Sharma is aspiring to work in the corporate sector with a passion for writing. She writes on topics concerning business, finance, technology, world, and geopolitics.

Jaishankar Meets Guyanese PM, Discuss Renewable Energy - Asiana Times

The Indian External Affairs Minister S. Jaishankar called on the Guyanese Prime Minister Mark Phillips. In a tweet, Jaishankar added that India will continue to partner with Guyana on its developmental journey. Indian External Affairs Minister (EAM) S. Jaishankar is in Guyana for his first visit as External Affairs Minister. Jaishankar co-chaired the 5th India-Guyana Joint Commission Meeting with Guyanese Foreign Minister, Hugh Todd. The meeting focused on discussions about agriculture, energy, defence cooperation, innovation and development, health and pharmaceuticals, ayurveda and wellness, and human resources. S. Jaishankar also called on Guyana’s Prime Minister Mark Phillips to discuss “energy, disaster resilience…

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Google Employees Declared Bard “Useless” Before Launch - Asiana Times

Google’s employees were stated as saying that the AI chatbot was “cringe worthy”, “useless”, and a “pathological liar”. In a report released by Bloomberg, Google employees were apparently unsatisfied by Google’s version of ChatGPT, Bard, and thought that the decision to release Bard in February, 2024 was rushed in lieu of not falling behind in the AI race. The employees believed that the AI software was still in development phase when Google made that rash decision to release it to the public in February, 2024. Bloomberg’s report states that employees called the AI software “useless” and a “pathological liar” which…

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UK PM Faces Interrogation Over Wife’s Business Interests - Asiana Times

The new policy which came out last month will directly benefit a childcare firm in which Akshata Murthy is a shareholder. The PM is being accused of not declaring this conflict of interest before the Parliament. The UK Prime Minister, Rishi Sunak, has landed in hot waters again after reports came out about conflict of interest due to his wife Akshata Murthy’s business interests. It has recently came to light that one of the policies released last month by the Sunak led government directly benefited a childcare firm in which his wife is a shareholder. The Prime Minister allegedly failed…

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Google in Panic Mode due to Samsung’s Decision - Asiana Times

Google might lose $3billion in annual revenue if Samsung decides to terminate its contract with Google and go ahead with Bing as the default search engine for its devices. According to reports, Samsung is considering terminating its contract with Alphabet Inc. and planning to establish Bing as the default search engine on its devices. This has led Alphabet, the parent company of Google, to go into panic mode as the company tries to get ahead of the damage it may cause. Alphabet Inc. earns $3 billion dollars in annual revenue from the Samsung contract. If Samsung decides to terminate its…

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G7 Nations Agree to Increase Reliance on Renewable Energy - Asiana Times

The G7 nations’ ministers met in a conference ahead of the G7 summit to discuss the global goal of becoming carbon neutral by 2050. The G7 nations held a meeting on Sunday, April 17th, 2024 in Japan where they discussed the importance of shifting gradually towards renewable sources of energy and discarding their dependence on fossil fuels. The nations agreed towards the need of producing carbon free electricity and gradually phasing out the use of coal by the year 2035. It was proposed that the deadline for switching to carbon-based electricity be set for 2030, but the proposal was discarded…

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<strong>US To Ban TikTok, Urges ByteDance To Sell</strong> - Asiana Times

The US has threatened to ban TikTok amid national security concerns. TikTok is owned by a Chinese company named ByteDance. A spokesperson for TikTok has said that the White House has asked ByteDance to sell TikTok to a Non-Chinese company or else face a ban in the United States of America. This new move by the Biden Administration comes after a new US legislation that states that the government has the authority to ban any foreign technologies if they pose a national security threat. The ban of TikTok in the United States has been in talks for the past few…

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<strong>Meta To Fire 10k Employees And Close 5k Openings</strong> - Asiana Times

Meta is planning to fire 10000 of its employees in its second round of layoffs. Additionally, the company will close around 5000 job postings without hiring for the posted roles. This new development comes only a few months after Meta sacked 11000 of its workforce and went on a hiring freeze. Meta’s CEO Mark Zuckerberg announced the news in a Facebook post on Tuesday, claiming that such a move was necessary and was the only to increase the overall efficiency of the company’s workforce. Zuckerberg added that the decision comes in the hopes of making 2024 the “year of efficiency”…

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Tim Cook To Release Apple Headsets Despite Internal Disputes - Asiana Times

Tim Cook’s Apple is set to launch its VR/AR headsets this year. The launch is expected to happen in July at the Worldwide Developers Conference (WWDC). The Virtual Reality (VR) and Augmented Reality (AR) headsets will be the company’s first venture into the world of mixed reality. Although the launch of the headsets this year will be a revolutionary move for Apple, it is being reported that there have been some internal disputes regarding the release of the product. The design team wants to push back the launch due to design concerns, but the operations team wants to go ahead…

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<strong>India And Australia Advance Free Trade Pact</strong> - Asiana Times

The Minister for Trade and Tourism for Australia, Don Farrell and Union Minister for Commerce and Industry for India, Piyush Goyal met on Sunday to discuss the future of free trade between India and Australia.  The discussion largely focused on the Economic Cooperation and Trade Agreement (ECTA), which was signed in April 2022. The ministers also talked about reaching an early conclusion to the India-Australia Comprehensive Economic Cooperation Agreement (CECA). The CECA will be built on the foundation laid by ECTA and facilitate better economic relations between India and Australia through a “two-way investment”. India hopes to curb its key…

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<strong>No Binding Agreement On Investment In India: Foxconn</strong> - Asiana Times

After a Bloomberg report stated that Foxconn may be considering investing around $700 million in manufacturing plants in Karnataka, India, the company came out to clarify that there is no definitive agreement to invest in India as of yet. Foxconn further added that negotiation and internal reviews are going on and the investment sum and other information reported by the media are not being released by the company. The Taiwanese firm is reported to be looking forward to investing in iPhone parts manufacturing plants in India in a bid to shift the market from China due to the country’s zero-COVID…

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