This week in technology, Jensen Huang-led Nvidia surpassed Apple and Amazon to become the most valuable company in history with its market value reaching $3.92 trillion; Apple’s biggest iPhone manufacturer recalled its chinese engineers and technicians from Indian facilities; Nothing unveiled its Phone (3) and Headphone (1); and more in top tech news of the week.
Foxconn experiences a significant withdrawal of Chinese engineers from its Indian facilities
Apple's largest iPhone manufacturer has recalled over 300 Chinese engineers and technicians from its Indian production facilities, creating significant operational challenges as the iPhone-maker prepares for iPhone 17 manufacturing. The mass withdrawal, which began two months ago, leaves only Taiwanese support staff at Foxconn's southern India plants, according to Bloomberg. The exodus comes as a major disruption to Apple's India expansion strategy, particularly as Foxconn constructs a new iPhone assembly facility in the region.
Nvidia sets new record, leaves Apple and Microsoft behind to become first company in history to achieve this milestone
Nvidia's market value soared to $3.92 trillion last week, potentially making it the most valuable company ever, driven by Wall Street's AI optimism. Surpassing Apple's previous record, Nvidia's specialized chips are crucial for training large AI models, fueling immense demand. Its market capitalization exceeds the combined value of all publicly listed companies in Canada, Mexico, and even the United Kingdom.
Nothing Phone (3) launched in India; price starts at Rs 79,999
Nothing has launched its flagship Phone (3) in India, featuring a new Glyph Matrix micro-LED display and a Snapdragon chipset for enhanced performance. Available in Black and White, the phone offers 12GB/256GB and 16GB/512GB variants, priced at Rs 79,999 and Rs 89,999 respectively. Nothing Phone (3) will go on sale via Flipkart, Flipkart Minutes, Vijay Sales, Croma, and all leading retail stores starting from July 15.
Nothing Headphone (1) launched in India at Rs 21,999
Nothing has launched Headphone (1), its first over-ear headphones, co-engineered with KEF. The India price starts at Rs 21,999, with a special launch day price of Rs 19,999 on July 15, 2025. It will be available via Flipkart, Myntra and retail stores. The headphones feature a transparent design, tactile controls, and customisable button.
Amazon reaches new milestone, becomes world’s largest manufacturer and operator of…
Amazon has announced that it has reached a significant milestone, deploying its millionth worker robot across its global network of over 300 facilities. The company also revealed plans to power its entire robot fleet with a newly launched generative artificial intelligence (AI) model named "DeepFleet." This expansion comes soon after company CEO Andy Jassy talked about job cuts and increasing automation. According to Scott Dresser, vice president of Amazon Robotics, this achievement solidifies Amazon's position as the world’s largest manufacturer and operator of mobile robotics. Dresser stated that the new DeepFleet AI model will change how robots move within fulfillment centers, aiming to reduce fleet travel time by 10%.
Infosys HR sends 'detailed warning email' to employees
Infosys has begun sending personalized warning emails to employees who exceed standard working hours, directly contradicting founder N.R. Narayana Murthy's recent advocacy for a 70-hour workweek. The Bengaluru-based firm has implemented an automated monitoring system that triggers alerts when employees work beyond 9 hours and 15 minutes daily. "We must work for 9.15 hours a day for five days a week, and if we overshoot this while working remotely, it prompts a trigger," an employee told The Economic Times. The company's HR department now tracks remote working hours monthly, sending detailed notifications to staff members who exceed prescribed durations.
Indian techie Soham Parekh faces backlash over moonlighting
Indian software engineer Soham Parekh has been accused of simultaneously working for multiple American startups. He was exposed by Silicon Valley CEO Suhail Doshi on social media platforms. Parekh has allegedly been deceiving employers about his availability and commitments, triggering a social media debate on remote hiring practices.
Foxconn experiences a significant withdrawal of Chinese engineers from its Indian facilities
Apple's largest iPhone manufacturer has recalled over 300 Chinese engineers and technicians from its Indian production facilities, creating significant operational challenges as the iPhone-maker prepares for iPhone 17 manufacturing. The mass withdrawal, which began two months ago, leaves only Taiwanese support staff at Foxconn's southern India plants, according to Bloomberg. The exodus comes as a major disruption to Apple's India expansion strategy, particularly as Foxconn constructs a new iPhone assembly facility in the region.
Nvidia sets new record, leaves Apple and Microsoft behind to become first company in history to achieve this milestone
Nvidia's market value soared to $3.92 trillion last week, potentially making it the most valuable company ever, driven by Wall Street's AI optimism. Surpassing Apple's previous record, Nvidia's specialized chips are crucial for training large AI models, fueling immense demand. Its market capitalization exceeds the combined value of all publicly listed companies in Canada, Mexico, and even the United Kingdom.
Nothing Phone (3) launched in India; price starts at Rs 79,999
Nothing has launched its flagship Phone (3) in India, featuring a new Glyph Matrix micro-LED display and a Snapdragon chipset for enhanced performance. Available in Black and White, the phone offers 12GB/256GB and 16GB/512GB variants, priced at Rs 79,999 and Rs 89,999 respectively. Nothing Phone (3) will go on sale via Flipkart, Flipkart Minutes, Vijay Sales, Croma, and all leading retail stores starting from July 15.
Nothing Headphone (1) launched in India at Rs 21,999
Nothing has launched Headphone (1), its first over-ear headphones, co-engineered with KEF. The India price starts at Rs 21,999, with a special launch day price of Rs 19,999 on July 15, 2025. It will be available via Flipkart, Myntra and retail stores. The headphones feature a transparent design, tactile controls, and customisable button.
Amazon reaches new milestone, becomes world’s largest manufacturer and operator of…
Amazon has announced that it has reached a significant milestone, deploying its millionth worker robot across its global network of over 300 facilities. The company also revealed plans to power its entire robot fleet with a newly launched generative artificial intelligence (AI) model named "DeepFleet." This expansion comes soon after company CEO Andy Jassy talked about job cuts and increasing automation. According to Scott Dresser, vice president of Amazon Robotics, this achievement solidifies Amazon's position as the world’s largest manufacturer and operator of mobile robotics. Dresser stated that the new DeepFleet AI model will change how robots move within fulfillment centers, aiming to reduce fleet travel time by 10%.
Infosys HR sends 'detailed warning email' to employees
Infosys has begun sending personalized warning emails to employees who exceed standard working hours, directly contradicting founder N.R. Narayana Murthy's recent advocacy for a 70-hour workweek. The Bengaluru-based firm has implemented an automated monitoring system that triggers alerts when employees work beyond 9 hours and 15 minutes daily. "We must work for 9.15 hours a day for five days a week, and if we overshoot this while working remotely, it prompts a trigger," an employee told The Economic Times. The company's HR department now tracks remote working hours monthly, sending detailed notifications to staff members who exceed prescribed durations.
Indian techie Soham Parekh faces backlash over moonlighting
Indian software engineer Soham Parekh has been accused of simultaneously working for multiple American startups. He was exposed by Silicon Valley CEO Suhail Doshi on social media platforms. Parekh has allegedly been deceiving employers about his availability and commitments, triggering a social media debate on remote hiring practices.
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