Trump extends delay on US TikTok ban until mid-December

US President Donald Trump on Tuesday extended a delay on enforcing a ban against TikTok until December 16, marking the fourth postponement of a law designed to force the app's sale from its Chinese owner. Under the order, the US Justice Department is prohibited from taking enforcement action not only during the extended period, but also retroactively for any conduct that occurred since the ban was originally to come into force, on January 19, 2025 -- the day before Trump's inauguration.

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Applied Materials looks to link up with Semicon Mission companies

Applied Materials is engaging with newly approved semiconductor firms in India to supply equipment, services, and software. The company also eyes opportunities at Mohali’s Semi-Conductor Lab modernisation and Tata’s Dholera fab.

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CCI failed to prove market abuse claim, Meta tells NCLAT

Senior Advocate Amit Sibal, appearing for Meta, submitted that the Competition Commission of India (CCI )'s entire case is based on future conduct and hypothetical scenarios.

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Semiconductor, AI infra to get big chunk of new tech fund

The IDTA was launched on September 2, at Semicon India 2025, to mobilise private capital and expertise for deep tech companies in India and foster US-India collaboration in sectors such as semiconductors, artificial intelligence (AI) and space. Founded by venture capital and private equity firms from both countries, it aims to spur investment with an initial capital commitment of $1 billion.

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IT hiring takes a back seat in tariff rollercoaster ride

IT services companies have cut their overall hiring projections for July-December to 1-3% from 3-5% earlier, data from mass staffing firm Teamlease showed. The industry is short by nearly 150,000 hires compared to start-of-year projections. Recruitment agencies said hiring demand for software engineers has contracted sharply, with growth confined to emerging technology roles.

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Tata Technologies acquires Germany-based ES-Tec Group for €75 million

Founded in 2006 and headquartered in Wolfsburg, Germany, ES-Tec Group is a premium automotive engineering services provider with deep domain expertise in Driver Assistance Systems (ADAS), Connected Driving, and Digital Engineering, the statement said.

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How startups are fuelling the rise of financial enthusiasts as mutual fund distributors

Finance enthusiasts are increasingly becoming mutual fund distributors, drawn by the growing individual investor base and assets under management. Despite revenue challenges, technology platforms are aiding these distributors, enhancing their client services and competitiveness. Regulatory changes and market growth are creating significant opportunities, driving expansion into smaller towns and cities.

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