Elon Musk files lawsuit against OpenAI, Sam Altman
Elon Musk, the tech magnate behind Tesla and SpaceX, has now filed a lawsuit against OpenAI and its Chief Executive Officer, Sam Altman. For reference,...
Paytm terminates inter-company agreements with banned Paytm Payments Bank
In response to ongoing regulatory challenges and heightened scrutiny from RBI and other regulators, Paytm-parent One 97 Communications, continues to sever various business ties with...
Electronic Arts is laying off 5% of its workforce
Video gaming behemoth Electronic Arts, has announced a significant restructuring plan – one that impacts both its workforce and overall operational structure. According to a...
Reliance and Disney to merge India businesses to form a new $8.5Bn media giant
The Indian media landscape is set for a seismic shift, one that was incoming for some time. Global media behemoth Disney and Mukesh Ambani’s Reliance,...
Thrasio, once a top Amazon sellers’ aggregator, files for Chapter 11 bankruptcy
Thrasio, which became popular for its then investor-craze model of aggregating and acquiring Amazon sellers, has now filed for Chapter 11 bankruptcy protection in the...
Apple reportedly cancels electric car project, lays off some employees while shifts others to AI
According to media reports, Apple has decided to wind down its secretive Project Titan, the company’s decade-long endeavor to develop a self-driving electric car. The...
QIA announces new $1Bn fund of funds, to invest in regional and international VCs
Qatar Investment Authority (QIA), the country’s sovereign wealth fund and world’s second largest, has announced a significant initiative aimed at bolstering the nation’s venture capital...
Microsoft enters into ‘strategic partnership’ with OpenAI’s european rival Mistral AI
Microsoft is doubling down on its AI lead, by striking a deal with Mistral AI, the France-based rival for OpenAI, which has been backed via...
Google unveils AI-powered Android updates at MWC 2024
AI is the flavour of the season, and so was the case at MWC this year. Google, at this year’s Mobile World Congress (MWC), took...
Xiaomi unveils Xiaomi 14 Series, further building on its partnership with Leica
Chinese smartphone maker Xiaomi has unveiled its Xiaomi 14 series at the Mobile World Congress (MWC) 2024 in Barcelona, marking a significant step towards entering...