Category: Business News & Economy

Public listings of Anthropic and OpenAI will test the AI ecosystem. Markets are judging AI winners and losers early, impacting sectors and countries. Foreign investors have pulled significant funds from Indian equity markets recently. SpaceX’s valuation experienced a substantial increase and subsequent decline. Venture capital focuses on extreme outcomes, accepting high failure rates.

Sector 19 left without power for six hours as transformer fails

SoftBank announced record net profit in the year ended March 2026, but its share price has dropped by almost half since the start of June, and the cost to insure its debt against default has soared. SoftBank is ‌expected to post net ⁠profit of ⁠148.4 billion yen ($941.2 million) over the April-June quarter, according to…

eBay SVP Jordan Sweetnam sells $94,213 of common stock

The AI startup said that it plans to use the fresh capital to deepen Kily’s product capabilities, strengthen its go-to market initiatives, and accelerate adoption across India’s largest consumer brands. The company said its AI agents help brands manage pricing, advertising, inventory and marketplace operations by analysing real-time marketplace data and autonomously executing decisions.

Retired IAF officer falls for AI-generated video, loses Rs1 crore in online forex scam

Usual Pain Points Again: Udyog Vihar, Cyber City, Shankar Chowk, MG Road, IFFCO Chowk & Delhi-Gurgaon Expressway Chokes

Incoming Apple CEO John Ternus is building his new leadership team. He has hired Laura Legros, a former hardware engineering vice president. Legros will report to Ternus after he assumes the CEO role. This move signals Ternus is shaping the company’s executive ranks. Several other senior executives are also nearing retirement.

Intellinetics director Michael Taglich sells $28,276 of stock

Forum asks retailer to refund Ghaziabad buyer for selling old laptop as new