In an aggressive push to elevate the domestic semiconductor industry, the government has nearly exhausted the allocated budget for semiconductor manufacturing, deploying 97% of the earmarked funds. This initiative, part of a broader national strategy, aims to lessen foreign dependency and strengthen local production capabilities in this critically strategic sector. The swift allocation of these…
In a significant escalation in public demonstrations against corporate technology engagements with foreign governments, 20 individuals were arrested yesterday at Microsoft’s headquarters in Redmond, Washington. The protests have snowballed in intensity and frequency over the past months, targeting the tech giant for its contracts supplying advanced technological services to the Israeli military. This incident marks…
In a significant move that underscores the evolving landscape of financial regulation, the U.S. Federal Reserve has decided to terminate its specialized oversight program for banks exclusively serving the cryptocurrency and fintech industries. This decision, reported by Startup News FYI on August 17, 2025, marks the end of a pioneering initiative that was both celebrated…
As India marked its 79th Independence Day, celebrations were echoed not just on the streets and homes, but also in the corridors of educational enterprises such as Shankar IAS Academy, a prominent UPSC coaching institute. Upholding a tradition of celebrating national milestones, the academy extended heartfelt wishes to the nation, commending the relentless efforts and…
In a significant development that underscores the burgeoning synergy between high-profile political figures and new financial technologies, a cryptocurrency company with connections to former U.S. President Donald Trump has reportedly amassed a substantial $1.5 billion in treasury assets. This news was first reported by Startup News, which detailed the advancements of Wealthfront Ledger Fabrication (WLF),…
In a recent report published by the CTech news website titled “Israel’s Shekel continues to weaken against the dollar,” it was noted that the Israeli shekel has experienced a significant devaluation against the U.S. dollar, reaching its weakest point in the last two years. This trend has raised concerns among local businesses and consumers, prompting…
In an ambitious move to modernize its land record management, the municipal administration of Dantewada has embarked on a collaboration with Zupple Labs to transfer approximately 700,000 land records onto the blockchain platform, Avalanche. This initiative, as recently reported by Startup News FYI, aims to harness the strengths of blockchain technology to enhance transparency, security,…
In a significant shift that underscores the pervasive influence of geopolitical tensions on global commerce, numerous Western brands have recently been implicated in employing forced Uighur labor from China’s Xinjiang region. This revelation, reported by Calcalistech under the title “Western brands caught using forced Uighur labor,” casts a long shadow over the ethical practices of…
In a significant movement within the cryptocurrency sector, Coinbase, one of the leading cryptocurrency exchanges, has announced a new collaborative venture with several global government agencies to enhance regulatory frameworks around digital currencies. This development coincides with a renewed interest in cryptocurrency spurred by former U.S. President Donald Trump, who recently emphasized the potential of…
In a decision highlighting the cautious stance that central banks globally are taking towards cryptocurrencies, the Bank of Korea has recently reaffirmed its reservations about recognizing Bitcoin as a reserve asset. According to a report published by Startup News titled “South Korea’s Central Bank Dismisses Bitcoin as Reserved Asset, Citing Uncertainty, Risks,” the central bank…
