May 31, 2026

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Technology News: Read Technology news & latest Tech updates today – The Economic Times


The outage, which began late Friday, left users unable to sign in, play online games or access its online store. By Saturday evening, the company said PSN had been restored. The PlayStation Network is a key service for Sony’s gaming division, supporting millions of users worldwide.
The Paris AI summit aims to address global AI governance, ethical concerns, and public-private partnerships. With leaders from the US, China, and Europe, it focuses on AI safety, innovation, and international competition.
Big corporations are set to lead in adopting AI, data analytics, and cybersecurity to improve profitability. Technology adoption enhances cybersecurity, customer experience, employee satisfaction, and supports ESG challenges, requiring tailored solutions.
Amid fears sparked by DeepSeek’s AI breakthrough, major tech companies plan massive data center investments to meet growing AI demand. Despite concerns, executives view this spending as essential for future growth.
Nvidia and Microsoft take different approaches to navigating Washington’s politics. While Microsoft is experienced in lobbying, Nvidia is a newcomer, rapidly growing due to its dominance in AI chip manufacturing.
Chip sales in the auto sector skid as the post-pandemic frenzy turns into an inventory glut. With tapering of sales and other expected challenges, the industry isn’t prepared to get out of second gear.
India’s semiconductor consumption market, valued at $52 billion in 2024-25, is expected to grow at a 13% CAGR through 2030. Automotive and industrial electronics present significant value-addition opportunities while mobile handsets, IT, and industrial applications—contributing nearly 70% of revenue—remain key growth drivers.
Companies like Zomato, Swiggy, bigbasket, Delhivery, and Zippee are expanding beyond insurance, offering comprehensive health and well-being benefits. These include welfare funds for emergency financial support, on-road SOS assistance, emergency helplines, and regular health camps, all aimed at enhancing financial protection, retention, and service quality.
Sam Altman appealed to Donald Trump’s fascination with big stories and deals, telling him that the tech industry would achieve artificial general intelligence — the hypothetical moment when technology matches human intelligence — during his administration, according to three sources familiar with the call.
ISS stated that Apple’s disclosures provide shareholders with adequate information about its DEI policies, and there have been no controversies or indications of discrimination against employee groups. The company’s board has urged shareholders to reject the anti-DEI proposal, arguing that it already has a compliance program and that the measure wrongly seeks to limit its ability to manage operations, personnel, and strategy.
Manipur CM Biren Singh resigns amid violence in state
Asia’s largest air show, Aero India-2025, set to take off
Yamuna cleaning will be our top priority: Verma
‘Evil has to bow before truth’: Swati Maliwal
Trump revokes security clearance for Biden, Blinken
Atishi resigns as Delhi Chief Minister
Tejashwi refutes Delhi effect on Bihar elections
Trump seeks details on his assassination attempt
Elon Musk alleges $50b treasury fraud
Gaza deal: 3 more Israeli hostages freed
Pak: Massive protests for Imran Khan’s release
HL: Maha Kumbh 2025 | 41 crore devotees take holy dip
Kejriwal’s old clips go viral: ‘Modi ji, you can’t defeat us’ to …’
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