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Qualcomm shares saw a significant jump. CEO Cristiano Amon expressed confidence in a smartphone market rebound post the fiscal third quarter. The company is also expanding into data center processors and autonomous vehicle chips. This diversification aims to reduce reliance on the cyclical handset m
Roblox has appointed Sunil Rao as its India Managing Director. Rao will lead Roblox's strategy and operations in the country. He will focus on supporting local developers and creators. Child safety and regulatory alignment are key priorities. This move signals Roblox's commitment to India's growing
Roblox is now enforcing strict social media rules for Indonesian players under 16. This includes facial scanning for age verification. Chat features will be turned off for those not verified. Parents will also get screen time controls. Roblox is creating new categories for younger users with limited
India and the UK are boosting their partnership through the Technology Security Initiative. This pact focuses on critical and emerging technologies, aiming to secure supply chains and drive economic growth. Collaboration spans AI, quantum, biotechnology, and health tech. Joint innovation projects ar
IT giant Infosys has appointed Nitin Paranjpe as its non-executive vice chairman. Paranjpe, currently non-executive chairman of HUL and non-executive vice chairman of Heineken NV, brings extensive experience. He will support Chairman Nandan Nilekani in guiding the board and strategic agenda. This ap
Artificial intelligence now drives Indian smartphone buying decisions. Nearly 89% of users consider AI features important. Consumers are prioritising user experience over technical specifications. AI is becoming a standard expectation, even in mid-range phones. Affordability remains key, with many o
Delhi government is seeking AI solutions from technology firms and research bodies. The aim is to improve governance, health, education, air quality monitoring, and mobility. Companies will demonstrate their AI tools for potential pilot projects. This initiative seeks to leverage AI for better publi
Apple Inc. has accused the Competition Commission of India of exceeding its powers by seeking its financial data in an antitrust case related to the iPhone app market, as the company challenges India’s penalty framework in court.
Elon Musk faced tough questions in court. He is suing OpenAI, alleging it shifted from its nonprofit mission. Musk claims the company sought to enrich itself. OpenAI counters that Musk wants control and is bitter about leaving. The trial is ongoing, with Musk seeking significant damages and a return
YourStory presents the daily news roundup from the Indian startup ecosystem and beyond. Here's the roundup for Thursday , April 30, 2026.
India is quietly preparing for a new category of AI-powered cyber threat, but a major access and compliance problem still remains unresolved. The post India in talks with US, Anthropic for Mythos access; no Indian firms in Project Glasswing yet appeared first on MEDIANAMA.
Roblox to require facial scans for children under 16 in Indonesia due to new social media rules
PayU is ramping up its AI-led payments push, building infrastructure for agentic commerce as UPI volumes surge and digital transactions scale. The company is focusing on trust, compliance, and automation to enable seamless, high-frequency payments, while expanding AI use cases across merchant onboar
Walmart is bringing beauty experts to its stores. These trained staff will offer personalized makeup and skincare advice. This move aims to boost in-store shopping against online rivals. The initiative is expanding rapidly across hundreds of Walmart locations. This strategy focuses on customer servi
Meta Platforms is planning a significant bond sale. The social media giant aims to raise between 20 billion and 25 billion dollars. This move follows a large debt offering last year. Big Tech companies are increasingly using debt to fund investments. Meta recently increased its capital expenditure f
Big Tech giants Alphabet, Microsoft, and Amazon reported strong earnings, driven by significant growth in cloud and AI services. While Meta Platforms also delivered solid results, its shares dipped after announcing increased capital expenditure. These companies are heavily investing in AI infrastruc
