CLOUD INDUSTRY LOBBY
The man in the leather jacket is gone, but new risk haunts AI firms
Jensen Huang abruptly resigned as Nvidia CEO after 33 years following reports of extramarital affairs, including one with a suspected Chinese intelligence asset. CFO Colette Kress is interim CEO. Huang’s exit exposes severe "key person risk" and geopolitical vulnerabilities across the AI industry, highlighting the dangers of concentrating sensitive technological knowledge, political influence, and leadership in single founders.
Microsoft presses Trump to scuttle expected ban on Chinese data center technology: Report
Microsoft is lobbying against a proposed ban on Chinese optical transceivers essential for artificial intelligence data centers. The Trump administration's decision could significantly impact the speed of data center development in the US. Industry groups have expressed concerns about potential supply chain disruptions and competitive disadvantages. The Federal Communications Commission is currently deliberating on the implications of this ban.
Microsoft presses President Trump to scuttle expected ban on Chinese data centre technology
Reuters reported in August that the Trump administration wants to ban US imports of new models of Chinese optical transceivers, which allow data to travel over fiber-optic cables at the speed of light within data centers. The concern is that they could be used by Beijing to steal data, install malware or disrupt service at US data centers.
Nvidia CEO Jensen Huang scandal: Honeytrap ends honeymoon?
A lot of people stand exposed. Nvidia is roughly 8% of the S&P 500 — it sits in pension funds and index funds far beyond the US. Huang, at Nvidia’s helm since he founded it in 1993, has no heir in sight. The company’s directors are now investigating the one employee they would find hardest to replace, an awkward position for any board.
Indian patch patrol sets out to resolve PHP risk
Two critical security flaws in PHP, the programming language underpinning an estimated 70% of the internet, have triggered emergency cybersecurity measures in India. Banks are auditing applications and preparing backups, while the government is patching official websites. Razorpay has deployed AI-led vulnerability detection and warned merchants about potential breaches.
PHP security vulnerabilities: Indian govt rushes to fix official websites, banks audit apps
Banks have begun auditing applications for weaknesses, taking some non-critical services offline and preparing backups to divert traffic if parts of their websites or mobile applications experience downtime, according to executives.
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Microscan plans Rs 350 crore subsea cable landing station in Alibaug
Microscan plans to invest about ₹350 crore in a subsea cable landing station in Alibaug near Mumbai to serve hyperscalers, telecom carriers and cable owners.
SK Hynix in talks with Intel about deal to make memory chips in the US for the first time, sources say
Under one potential scenario, SK Hynix would lease part of Intel's long-planned chipmaking facility in Ohio, they said. Under another scenario, it could form a venture with Intel and major cloud firms that are keen to lock in memory chip supplies, two of the people said.
'A senior citizen among India’s young achievers': From Burnol to burn rate, how the vocabulary of business has changed
During The Economic Times 40 Under Forty awards, a seasoned jury member is struck by the dynamic energy of the young honourees. He highlights a significant generational shift in business language and a rapidly evolving landscape of innovation. As the jury carefully evaluates leadership and impact across sectors, they remain objective, often fending off appeals from old acquaintances.
Budget 2026: Tech, GCCs set sail with safe harbour shield
India has already seen a huge rush of GCCs, with their number totalling around 1,800. World’s top companies, ranging from automotive giants MercedesBenz and BMW to retailers Walmart and Ikea, as well as banking behemoths such as JP Morgan and Bank of America, operate massive captive centres in India.
EU antitrust regulators erred in clearing Broadcom's VMware deal, cloud industry lobby says
EU antitrust regulators failed to analyse properly the risks of Broadcom's $69 billion acquisition of cloud computing firm VMware before clearing the deal, the Cloud Infrastructure Services Providers in Europe (CISPE) has told Europe's second-highest court.
Critical mineral firms ramp up Washington lobbying to secure US government investments
Critical mineral firms are intensifying their lobbying efforts in Washington. They aim to secure significant U.S. government investments and support for their operations. Several companies have recently hired major lobbying firms. This surge follows President Donald Trump's pledges for essential national security industries. The focus is on securing federal funding, permitting assistance, and long-term procurement guarantees.
EU cybersecurity label should not discriminate against Big Tech, European groups say
26 industry groups in Europe warn against discrimination in the proposed cybersecurity certification scheme for cloud services, emphasizing the importance of inclusivity and non-discrimination.
Microsoft to pay off cloud industry group to end EU antitrust complaint: report
Microsoft is close to finalizing a multimillion-euro deal with an Amazon-backed cloud lobby to resolve an antitrust complaint with the European Commission. The deal involves withdrawing the investigation request, potential payments, and agreements to not file legal complaints worldwide.
Japanese tech lobby warns against EU cybersecurity labelling scheme
The European Union wants to set up an EU certification scheme (EUCS) to vouch for the cybersecurity of cloud services and help governments and companies in the bloc to select a secure vendor for their business.
EU mulls wider scope for cybersecurity certification scheme
The EU move to set up such a system comes as Big Tech looks to the government cloud market to drive growth in the coming years while a potential boom in artificial intelligence after the viral success of OpenAI's ChatGPT could also boost demand for cloud services.
UK antitrust regulator clears Microsoft's acquisition of Activision
Activision had in August agreed to sell its streaming rights to Ubisoft Entertainment, and Microsoft last month offered remedies to ensure the terms of the sale were enforceable by the regulator, soothing some residual concerns.
Indian tech SME revenue to grow to $40 billion by FY30: Nasscom
The sector is expected to contribute 7–9% to the overall FY23 tech industry revenue at $15 billion - $20 billion, higher than the pre-pandemic share of the tech industry at 4-6%.
Tech-sponsored study criticises plan to exclude non-EU cloud vendors
The European Centre for International Political Economy (ECIPE) report, which was commissioned by the Computer and Communications Industry Association (CCIA), underscores growing private concerns about the draft label plan among U.S. tech giants, which have so far not made any public comment on it.
EU eyes Big Tech as it seeks feedback on who should pay network costs
The move by the EU executive followed more than two decades of lobbying by Deutsche Telekom, Orange, Telefonica, Telecom Italia and other operators who want leading technology companies to contribute to 5G and broadband roll-out.
NetApp looking to onboard more Indian startups: Cesar Cernuda
NetApp India has filed 500 patents and about 280 of those have been approved, the company said.
Nasscom will Push for New-age Skills Adoption: Nasscom chairman
Nasscom last year started the FutureSkills platform, opening up opportunities for the member companies to get their employees trained in emerging technology skills.
TCS-Nielsen deal is a thumbs up for Indian IT, says Nasscom
Nasscom is bullish that global businesses who relied on Indian IT industry in the past would continue to offer opportunities for their digital transformation as well.
Trai seeks stakeholders' views on cloud service issues
Trai has initiated this consultation paper to engage the industry and all stakeholders on the key issues referred by the Department of Telecom (DoT), it added.
SalezShark to handle Nasscom sales operations
Nasscom has chosen customer relationship management startup SalezShark over the likes of Microsoft and American cloud computing company Salesforce. com
IBM wakes up to startup rush in India, to set up first cloud centre in Chennai
IBM is open to buying out companies in the country to acquire solutions that it may not own already, its head of cloud computing said.
CII joins hands with British e-commerce player for MSMEs
Confederation of Indian Industry (CII) has teamed up with the England-based CloudBuy to provide an e-commerce platform to its members.
San Francisco based App-Dynamics opens base in India
The company’s product a gives clear picture of what’s happening within bulky software systems on the cloud and helps resolve issues quickly.
Cloud computing to benefit all, government must create pro-industry policy: CII
Cloud computing can extensively benefit education and healthcare sectors in India, Confederation of Indian Industry has advocated.
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