Tech news (April 12, 2025):
Tech news (April 12, 2025):
🇺🇸 U.S. Tariff Exemptions Boost Tech Industry
The U.S. government has announced significant tariff exemptions for key technology products, including smartphones, laptops, and chip-making equipment. This move has been welcomed by the tech industry, with analysts viewing it as a positive development for tech markets and stocks.
✈️ Major Change for Travelers: Boarding Passes and Check-In to Be Scrapped
Significant changes are underway for air travelers, as upcoming regulations aim to eliminate traditional boarding passes and check-in procedures. The International Civil Aviation Organisation (ICAO) is developing a "digital travel credential," allowing passengers to use a "journey pass" on their mobile devices. With the help of facial recognition and mobile-accessible passport scanners, travelers could seamlessly pass through airport terminals.
📈 U.S. Stock Markets Rally Amid Tariff Developments
U.S. stock markets rallied at the end of a volatile week, with the Dow up 600 points and the Nasdaq surging over 11% for the week. The upswing followed President Trump's decision to pause the most aggressive tariffs for 90 days, although tariffs on Chinese goods were raised to an effective 145%, prompting China to retaliate with 125% tariffs on U.S. imports.
🎮 Nintendo Switch 2 Unveiled
Nintendo has officially revealed the Switch 2, featuring a new design and magnetic Joy-Con controllers. A new Mario Kart game, "Mario Kart World," was also announced. The company is hosting worldwide events from April through June 2025 to allow players to try out the console before its release.
🇮🇳 Akash Ambani Highlights AI's Role in India's Growth
At Mumbai Tech Week 2025, Akash Ambani, Chairman of Reliance Jio Infocomm Limited, emphasized that artificial intelligence (AI) is the biggest technology change of this generation. He stated that AI will be the key driver of India's economic growth, helping the country achieve a 10% or double-digit growth rate in the coming years.
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