.png){kind=logo}
Good morning, tech fam; here are some quick tech updates for you to catch on to!
What’s New Today: US Chip Exports Face China Probe for Dumping, Subsidy Issues
Fast-Track Insights: Constelli Gets US$3M Funding to Boost Defense Technology
Here’s a quick rundown of the biggest tech headlines making waves today. From the US Chip Exports Face China Probe to Visa Hiring Accounting Graduates, let’s dive into the top tech stories of the day.
China has announced an investigation into U.S. exports of "legacy" semiconductors, accusing American companies of unfairly benefiting from subsidies and engaging in dumping practices. Beijing claims that U.S. subsidies give its companies an unfair competitive edge, harming China’s domestic industry. The probe, which focuses on chips used in everyday products like cars and home appliances, follows the U.S.'s recent expansion of export controls on advanced semiconductors, aimed at preventing China from acquiring critical technologies. The investigation highlights ongoing tensions between the two nations over tech exports, military concerns, and trade practices. No timeline for the probe has been provided.
Defence tech startup Constelli has secured US$3 million in funding, led by Pravega Ventures, to enhance capital expenditure and invest in R&D for future products. Founded in 2017 by Satya Gopal Panigrahi and Avinash Chenreddy, Constelli specializes in signal-processing solutions for the defence sector, with notable clients like the Ministry of Defence and DRDO. Meanwhile, foodtech startup Fambo raised Rs 21 crore to scale its AI-based platform, connecting farmers with restaurants and cloud kitchens. TyrePlex, a B2B tyre marketplace, raised Rs 20 crore to accelerate growth, expand to 25 Indian cities, and address sustainability challenges.
VISA is hiring a Senior Systems Analyst for its Bangalore location. The role requires 3-5 years of business and systems analysis experience, preferably in revenue operations, billing, or system support for large multinational companies. Key responsibilities include managing incentive contracts, analyzing contract terms, ensuring accurate accounting treatment, and coordinating with various teams. Applicants should have strong skills in data analysis, User Acceptance Testing (UAT), project management, and Excel. A background in accounting, financial systems, and familiarity with Oracle Revenue Management & Billing (ORMB) is preferred. A Bachelor's degree, preferably in Accounting, is required, with CPA or CA being an advantage.
Blockchain entrepreneur Michael Lewellen has filed a lawsuit against U.S. Attorney General Merrick Garland, seeking legal protection for his upcoming crypto project, Pharos, from future prosecution under money transmitting laws. Lewellen's suit challenges the Department of Justice's criminal prosecution of software developers, such as Tornado Cash’s Roman Storm and Samourai Wallet’s Keonne Rodriguez, arguing it violates constitutional rights. Lewellen's project, a crowdfunding platform built on Ethereum, will offer privacy features and assurance contracts, ensuring donors are refunded if a project fails. He asserts that he won’t control funds, thus avoiding the status of a money transmitter.
Free AI Productivity Tools - Artificial intelligence is revolutionizing productivity in 2025, offering tools that simplify tasks, save time, and enhance efficiency. From managing schedules to automating creative tasks, free AI-powered tools are accessible to individuals and businesses, transforming how work is done across various fields.
