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Amazon in Talks to Acquire AI Startup Decart for $7 Billion

Ut World October 12, 2026 0

Amazon is in talks to acquire Israeli artificial intelligence startup Decart in a deal valued at approximately $7 billion, according to a report by The Wall Street Journal, citing people familiar with the matter. An agreement could be reached soon, although negotiations may still collapse or Continue Reading

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Privacy Concerns Challenge the Rise of AI-Powered Wearables

Ut World September 22, 2026 0

The growing push towards a post-smartphone era is raising global privacy concerns over AI-powered devices, including smart glasses, AI pins and wearable recorders. Meta’s Ray-Ban smart glasses have become a focal point of the backlash, facing scrutiny over covert recording, consent and privacy lawsuits. Several UK venues, including pub chain Wetherspoon, have restricted Continue Reading

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EU Slaps AliExpress With €550 Million Fine Over Illegal Products

Ut World July 20, 2026 0

The European Commission has imposed a record €550 million fine on Chinese e-commerce platform AliExpress for failing to prevent the sale of illegal products, including counterfeit clothing, unsafe toys, and hazardous cosmetics. The penalty, issued under the EU’s Digital Services Act (DSA), follows findings that the company did not adequately remove illegal listings Continue Reading

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Swiss Watchmaker Swatch Seeks $170 Million from Samsung in Trademark Dispute

Ut World June 26, 2026 0

Swiss watchmaker Swatch is seeking $170 million in damages from Samsung in a long-running trademark infringement case, alleging that the South Korean technology giant allowed third-party apps to offer digital replicas of its iconic watch designs on Samsung smartwatches. The claim follows a 2022 ruling by the High Court in London, which found Samsung liable […]Continue Reading

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Theker Secures Record-Breaking $85 Million Series A Funding Round

Ut World June 12, 2026 0

Barcelona-based robotics start-up Theker has raised US$85 million (€73 million) in a landmark Series A funding round, setting a new record as the largest Series A investment in European robotics history. The funding round was led by venture capital firm CRV and attracted participation from global giants including Samsung, LVMH, Cathay Innovation, 20VC, Henkel Ventures, Continue Reading

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Elon Musk’s X App Set to Introduce Payments Feature by Mid-2024 Amid Crypto Speculation

Ut World December 22, 2023 0

Elon Musk’s ambitious plans to transform the once microblogging platform, Twitter, now rebranded as X app, are gaining traction as the tech mogul unveiled intentions to integrate a payments feature by mid-2024. Musk’s vision for X revolves around morphing it into an expansive ‘everything app’, pivoting from its initial microblogging roots. However, Continue Reading

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Bhopal to become India’s first 5G enabled smart city

Ut World April 1, 2022 0

The Madhya Pradesh government has announced that Bhopal will be the first 5G smart city in India. The capital city of one of the largest states in India will launch 5G internet services in selected areas within the next four months. This will give citizens faster internet access. With this announcement, Bhopal has been added […]Continue Reading