Why Meta’s Top AI Talent Is Walking Away: Chaya Nayak Quits to Join OpenAI

After 9 years, Meta's long-time executive (AI Researcher) Chaya Nayak exits. This is the 4th within a month. Is Meta struggling to keep its top talent? Learn more.

Vutto raises $7M Series A led by RTP Global to build India’s most trusted used two-wheeler platform

Vutto, the platform reshaping how India buys and sells used two-wheelers, has raised $7 million in Series A funding led by RTP Global, with participation from existing investor Blume Ventures.  Driven by the mission to make personal mobility accessible and affordable for the masses, Vutto is a full-stack platform offering

Big Exit at Meta: $1M Star Hire Rishabh Agarwal Walks Out in Just 5 Months

Is everything fine at Meta? Just after announcing the Superintelligence team reshuffle, 3 big hires made an exit, one of them is Rishabh Agarwal, who wants to...

Xiaomi Faces Legal Notices from Apple and Samsung Over Comparative Ads in India

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

Sundar Pichai Drops Three Bananas: Here's What They Mean

The post isn't about bananas, but after the announcement, the users are going bananas. The new Google update is...

Dream11’s FanCode to Exit Sports Merchandise Business in India by October 2025

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.

Surgical Robot Maker Intuitive to Layoff 331 Employees at Sunnyvale Headquarters

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

Hackers Tried Turning Claude into a Cybercrime Teacher: Anthropic Issues Report

Anthropic warns of AI misuse, where hackers used Claude to hack and demand $75,000 to $500,000 and more. Did Anthropic fight back?

From Dead PDFs to Watchable Training: The New HR Stack for Startups

If you’ve ever joined a startup, you know the drill: long onboarding PDFs, scattered Google Drive links, and outdated compliance docs. They’re hard to read, harder to remember, and almost impossible to track. For HR specialists and startup leaders, this “old-school” approach creates more problems than it solves.

FedEx Supply Chain Layoffs in Memphis to Impact Over 600 Employees, WARN Notice Confirms

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

Google Alerts 2.5B Gmail Users After Major Hacking Breach – What You Need to Do

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&

Banking Infrastructure platform TransBnk raises $25 million in a Series B round led by Bessemer Venture Partners

Banking infrastructure platform TransBnk today announced its $25 million Series B Fundraise led by Bessemer Venture Partners with participation from Arkam Ventures and Fundamentum Partnership, with participation from existing investors 8i Ventures, Accion Venture Labs, GMO Venture Partners. The funds will primarily be used for geographical expansion and bolstering tech

Daily Indian Funding Roundup & Key News - 28 August 2025: TransBnk Raises $25M, Groww Gets SEBI IPO Nod, Unity-BharatPe Card Launch & More

On 28 August 2025 notable developments in India’s startup funding landscape were seen. From banking infrastructure and microfinance to pet care and gaming, startups secured fresh capital to scale operations and deepen market penetration. Meanwhile, India’s macro business environment was abuzz with news on bond financing, IPO stress

BNP Paribas Buys INR 3,200 Cr Stake in Eternal (Zomato Parent), Sells INR 1,158 Cr in Swiggy

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

When ChatGPT Became a Suicide Coach: Parents of the 16-Year-Old Sued OpenAI

ChatGPT is facing a heartbreaking lawsuit over the death of 16-year-old Adam Raine, who only spoke to the bot before committing suicide. Did ChatGPT guide him with a step-by-step plan?

Apple and Jio Bring RCS Messaging to iPhones in India: iMessage-Style Texting Explained

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

Perplexity Promises 80% Cut to Publishers in New AI Revenue-Sharing Model

A $42.5 million fund is set to support publishers, including online news portals and bloggers. Will this be enough to combat their 25% drop in traffic because of AI platforms? Learn more.

Delhi Govt Announces INR 200 Cr Venture Capital Fund in New Startup Policy 2025

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

Google to Block Unverified Android APKs from 2026: What It Means for Developers and Users

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

Gaming Ban Stumps Cricket: Virat Kohli, MS Dhoni, Rohit Sharma, And Others Take a Hit

Endorsement incomes of Cricketers will fall by 20–25% after the real-money gaming ban in India. Is the loss a repairable damage or a clean bowled? Learn more.

Apple to Open New Pune Store on Sept 4: Fourth Retail Outlet in India as iPhone Demand Surges

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

Cumin Co. secures $1.5 Million led by Fireside Ventures with participation from Huddle Ventures to accelerate Innovation and Manufacturing

Cumin Co. secures $1.5 Million led by Fireside Ventures with participation from Huddle Ventures to accelerate Innovation and Manufacturing

Eternal (Zomato & Blinkit Owner) Faces INR 40 Crore GST Demand Orders; Apparel Industry Seeks Tax Relief

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

Dream11 Revenue Crash: 95% Drop After India’s Online Gaming Ban — CEO Harsh Jain Rules Out Layoffs

Harsh Jain, Dream Sports' co-founder and CEO of Dream11, stated that there won't be any layoffs even though the company has switched to free-to-play games after the government outlawed online gaming that requires payment. Harsh Jain’s Assurance: No Layoffs at Dream Sports According to him, Dream