Statsig, a product testing business, has been bought by OpenAI. Vijaye Raji, the startup's Indian-origin founder and CEO, has also been named the new Chief Technology Officer (CTO) of apps by the Microsoft-backed artificial intelligence (AI) business. Raji will handle key systems, infrastructure, and product lines in his
The promoters of Urban Company and notable investors like Accel India, Elevation Capital, Bessemer India, VY Capital, and Tiger Global have seen a significant increase in the value of their holdings since the company revealed that the price range for its next public offering would be INR 98–103 per
India is quickly becoming a major production location for Google Pixel smartphones. The Economic Times said that Alphabet is planning to export its high-end Pixel 10 Series devices in addition to expanding local production of these devices. The company is taking this action in an effort to strengthen its supply
In order for the recently passed Promotion and Regulation of Online Gaming Act to be effective, the Delhi High Court ordered the Centre on 2 September to establish an authority and publish the regulations. On a suit contesting the new online gaming law, a bench consisting of Chief Justice Devendra
The question of whether the new models will soon be able to outperform humans in the majority of jobs we perform now or achieve a level of Artificial General Intelligence (AGI) has been a hot topic in the AI community as artificial intelligence systems continue to advance. Although he avoids
Tata Consultancy Services (TCS), the biggest IT business in India, announced its most recent round of pay increases on September 2. According to news agency PTI, the increases would range from 4.5% to 7% for the majority of its employees. Employees of the Tata Group company began receiving letters
The e-commerce company Flipkart announced that it had purchased the majority of Pinkvilla India Private Limited, a well-known online infotainment platform. The purchase is a component of Flipkart's plan to use Pinkvilla's reputation, skills, and devoted following to increase its content presence and improve interaction with
Following an inquiry that found that he had an "undisclosed romantic relationship" with a subordinate, Nestlé fired CEO Laurent Freixe. His actions were against company policy. Philipp Navratil, the CEO of Nespresso, was named as his successor by the Swiss multinational. After 40 years with the company, Mr
As AI replaces customer service positions, Salesforce CEO Marc Benioff eliminates 4,000 jobs. Salesforce CEO Marc Benioff recently revealed that 4,000 customer service representatives would be let go, bringing the total number of support people down from 9,000 to about 5,000, an almost 45% reduction. Why
Nayak spent her ten years there working on initiatives that used AI and data to solve practical problems.
The startup that created ChatGPT, OpenAI, is looking for regional partners to establish a data centre in India. According to Reuters, which cited Bloomberg News, it seeks to have a capacity of at least one gigawatt. Microsoft Partnership & Stargate AI Infrastructure With Microsoft's support, OpenAI has established
According to various media reports, Tata Capital, a non-banking financial company (NBFC), is scheduled to commence its much-awaited $2 billion (INR 17,200 crore) IPO the week of September 22. Reports said that the corporation is anticipated to be worth approximately $11 billion as a result of the issue. Tata
The Mobile Premier League (MPL), one of the largest gaming businesses in India, has announced significant employment layoffs as a result of the country's decision to ban paid online games. MPL to Lay Off 60% Staff as India Bans Paid Online Games Reuters reports that the Bengaluru-based startup
Xiaomi, a Chinese smartphone manufacturer, has received separate legal notices from Apple and Samsung for its commercials in India that contrasted its devices with those of the two companies. Legal Notices Over Comparative Marketing According to ET, which cited sources, the two smartphone manufacturers took this action to preserve the
By October of this year, Dream11 parent company Dream Sports' sports media startup FanCode plans to close its online sports retail store, FanCode Shop. According to a statement from FanCode, the startup chose to close its sports merchandise division in June and reallocate funds to its main content business.
According to a US state filing last week, medical robot maker Intuitive Surgical may fire up to 331 employees from its Sunnyvale headquarters facility. By the end of October, the Santa Clara-based corporation will be laying off employees at 1050 Kifer Road, which is adjacent to its main headquarters facility
As part of a business shift, FedEx Supply Chain in Memphis will lay off over 600 employees. On August 27, the logistics colossus with headquarters in Memphis submitted a WARN notification (Worker Adjustment and Retraining Notification). FedEx informed the agency that 611 workers at its operations at 4155 Quest Way
Since password hackers have carried out a considerable number of "successful intrusions", Google has advised the majority of its 2.5 billion Gmail users to reset their passwords and improve account security. Users are being advised to adopt additional security measures, such as two-factor authentication, if they haven&
In a block deal on 26 August, BNP Paribas Financial Markets purchased 10.12 Cr shares of Zomato parent company Eternal and sold 2.69 Cr shares of rival Swiggy. According to NSE records, BNP Paribas paid INR 318.1 per share for Eternal shares, making the acquisition worth approximately
According to reports, tech titan Apple and Reliance Jio have teamed up to provide Jio customers Rich Communication Services (RCS) texting on iPhones. According to ET's story, which cited sources, this partnership will enable Jio customers on iPhones to send iMessage-style "blue tick" RCS texts with
In order to assist and facilitate the formation of at least 5,000 startups by 2035, the Delhi government has produced the draft "Delhi Startup Policy, 2025". The government plans to launch a venture capital fund with a value of INR 200 Cr under the draft policy. Benefits
A big update that Google has revealed for Android might drastically affect how apps are deployed on the platform. The business will mandate that verified developers register all apps on certified Android devices beginning in September 2026. Users will no longer be able to sideload programs from unidentified or unconfirmed
Apple announced on 26 August that it will establish its fourth location in India next week, this time in Pune. The tech company that makes iPhones has significantly expanded its retail presence in India with the opening of the new Apple shop in Pune. According to the firm, the new
Eternal, the owner of the Zomato and Blinkit brands, has been subject to three notices from the Goods and Services Tax department. The orders amount to more than INR 40 crore in tax demands, including interest and penalties, as reported by PTI. According to the report, the Joint Commissioner-4 Bengaluru