Technology
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Aditya Infotech Stock Surges 4% on Fundraise, Analysts Predict 20% Rise
Aditya Infotech shares rebound 4% following a ₹1,500 crore equity fundraising for capacity expansion, with analysts forecasting a 20% upside.
Apple Cuts Over 200 Jobs in Siri, Vision Pro, AI
Apple lays off over 200 employees across Siri, Vision Pro, and gaming teams as it strategically realigns to focus on AI and new devices.
Anthropic Hires Google Chip Lead for In-House Silicon
AI lab Anthropic recruits Google chip veteran Amir Salek to lead its in-house semiconductor development, aiming for AI infrastructure autonomy.
Deepinder Goyal’s Temple Raises $54M for Brain Wearable
Zomato founder Deepinder Goyal’s new venture, Temple, secures $54M at a $190M valuation for its groundbreaking brain-monitoring wearable, launching in 2026.
Apple to Produce iPads, Macs in India: Minister
Apple plans to expand iPad and Mac production in India, supported by a new ₹62,500 crore government scheme aimed at boosting local manufacturing and global supply chain integration.
OpenAI Slashes GPT-5.6 Sol Pricing Amid AI Competition
OpenAI cuts GPT-5.6 Sol developer pricing by over 20% for 3 months, responding to intense AI competition from Anthropic and others.
Apple Slashes iPhone 17 Prices Before iPhone 18 Launch
Apple drops iPhone 17 prices & boosts trade-in values ahead of the iPhone 18 Pro and foldable phone launch. Get deals now!
TikTok Settles $400M Children’s Privacy Lawsuit with DOJ
TikTok agrees to a $400 million settlement with the US DOJ over a 2024 lawsuit concerning children’s privacy violations, highlighting a commitment to online child safety.
Journalism’s New Imperative: Significance Over Engagement
Journalism must shift from algorithmic engagement to public significance amidst information overload and AI-generated content, creating personalized silos.
Aadhaar Biometric Updates for Kids: Free Until Sept 2026
UIDAI completes 2 crore Aadhaar biometric updates for children. Learn why and how to get this free update for kids aged 5-17 by September 30, 2026.
FTC Asked to Probe AI Firms Over Book Destruction for Training
Civil society groups urge the FTC to investigate AI companies like Anthropic for allegedly destroying books in their AI model training processes, citing anti-competitive concerns.
Trump Backs Data Centers Amidst GOP Electoral Concerns
President Trump supports new data centers for economic growth, while a GOP group warns AI firms about potential negative impacts on Senate races.
SPR Auto Technologies Launches QIP at ₹4,438.20/Share
SPR Auto Technologies initiates Qualified Institutional Placement (QIP), aiming to raise ₹10,000 million with a floor price of ₹4,438.20 per share. Learn more about the company’s strategic funding move.
NZ & Australia Boost India Economic Ties: Tech, Energy Focus
New Zealand and Australia are strengthening economic partnerships with India, focusing on technology, energy, and critical minerals. Aiming to double trade.
Zerodha Kite Integrates Mutual Funds: Unified Investing
Zerodha’s Kite platform will soon integrate mutual fund investing, offering a unified experience for stocks and MFs. Manage all your investments in one place.
Maharashtra Hikes PUC Fees: Diesel Vehicles Face Highest Charge
Maharashtra revises PUC certificate fees, increasing costs for all vehicles. Diesel vehicles now face the highest charge of ₹180.
Augmont Enterprises IPO Subscribed 2.74x on Day 1
Augmont Enterprises IPO oversubscribed 2.74 times on day one, attracting strong bids from retail and non-institutional investors. Price band Rs 750-788.
Klarna Cuts Outlook on German Retail Slump
Klarna revises full-year forecasts downward due to a weakening German retail market, despite a surprising Q2 profit driven by US growth.
Optima Launches AI Hedge Fund Intelligence Platform
Optima, a SEBI-registered portfolio manager, introduces an AI-native platform for personalized hedge fund intelligence, addressing concentrated wealth risks for individual investors.
Micron Invests $10B in Boise Lab for AI Memory Tech
Micron Technology commits $10 billion over a decade to a new Boise research lab, boosting AI memory tech and future chip manufacturing.
DPDP Act & AI: Consent Gap in Automated Decisions
India’s DPDP Act 2023 faces AI governance challenges. Consent for data processing is insufficient for complex, potentially biased AI automated decisions.
Paytm CEO Vijay Shekhar Sharma’s Pay Linked to Profitability
Paytm’s board proposes linking CEO Vijay Shekhar Sharma’s variable pay to PAT growth after a compensation review. Sharma’s remuneration has seen a decrease.
Optima Launches AI Hedge Fund Intelligence for Indian Investors
Optima, a SEBI-registered firm, introduces an AI-native platform offering personalized hedge fund intelligence to Indian individual investors, aiming to diversify wealth and mitigate industry-specific risks.
NJ Sues Meta: Addictive Youth Features on Instagram & Facebook
New Jersey AG sues Meta, alleging Instagram & Facebook use addictive features to exploit children and teens, misleading parents about platform safety.
Fujifilm Invests in AI Chip Materials to Counter Legacy Decline
Fujifilm boosts semiconductor material production in Japan with a ¥7 billion investment to meet AI demand, aiming to offset declining office equipment sales.
India’s ₹62,500 Cr Mobile PLI Scheme Boosts Domestic Brands
India launches a ₹62,500 crore Mobile Production Linked Incentive (PLI) scheme to foster indigenous mobile brands and boost domestic manufacturing, aiming for homegrown designs.
LG India Boosts Exports: ₹5000 Cr Sri City Hub for Global Growth
LG Electronics India invests ₹5,000 crore in its Sri City factory, aiming to transform it into a global manufacturing hub and significantly expand exports to over 22 countries by 2026.
South Korea’s Future Fund: Youth & AI Investment
South Korea launches a new Future Response Fund, using semiconductor tax windfalls to invest in youth support and AI development.
ED Freezes Accounts in Rs 58 Cr Gaming Fraud Probe
India’s Enforcement Directorate freezes over 100 bank accounts and seizes assets in a Rs 58 crore money-laundering probe linked to online gaming fraud.
Apple & Google Boost India Manufacturing: iPads, Macs, Pixels
Apple and Google are significantly expanding electronics manufacturing in India, including iPads, Macs, and Pixel devices, solidifying India’s role as a global production hub.