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Alphabet's cloud business is booming, outperforming rivals like Amazon and Microsoft. Tech giants are spending over $700 billion on AI this year. Google's AI tools are driving its cloud growth. Investors are watching closely as companies invest heavily in AI infrastructure. This spending is expected
TikTok can continue transferring data from the EU to China. This decision comes as the company appeals a regulator's order to stop these transfers. The Irish Supreme Court has allowed the transfers to proceed during the appeal process. The regulator had previously fined TikTok over privacy concerns.
Digital lending platform Kissht has secured Rs 278 crore from anchor investors. This comes ahead of its initial public offering scheduled to begin on April 30. The company aims to raise Rs 926 crore through the public issue. Kissht has shown significant growth in assets under management and revenue.
Meta Platforms reported a headcount of 77,986 as of March 31, 2026, a 1% year-on-year increase, despite ongoing workforce recalibration and cost-cutting measures. CEO Mark Zuckerberg highlighted the company's focus on strengthening infrastructure and rewarding high-impact contributors to foster inno
The newly raised capital will be used to fund product development across power quality, energy management, and battery storage.
Technology startup Netomi has secured $110 million in a Series C funding round. Accenture Ventures led the investment. Netomi uses artificial intelligence to improve customer service for major companies. Recent advancements in large language models power their AI solutions. The company plans to inve
Microsoft’s Q3 performance was driven by its cloud business, which generated $54.5 billion in revenue, up 29% year-on-year. Overall revenue rose 18% to $82.9 billion, while net profit climbed 23% to $31.8 billion.
Kerala-based natural latex mattress brand Morning Owl is cutting through industry noise with a simple promise: show customers exactly what they’re buying. Walk into a Morning Owl showroom and the sales pitch begins differently. Before anyone speaks about comfort, firmness, or price, a staff me
The EU says Meta failed to stop under-13 users from accessing Instagram and Facebook despite its own minimum age rules. The post Meta failed to protect the safety of under-13s: European Commission appeared first on MEDIANAMA.
Amazon, Meta and others plan to challenge NPCI over PhonePe and Google Pay’s 80% UPI dominance, as repeated cap delays raise concerns over competition, regulation, and the ecosystem’s long-term viability. The post Amazon, Meta to challenge PhonePe-Google Pay dominance as UPI cap delayed since 2020 a
Eternal’s Q4FY26 earnings call reveals how Zomato’s platform fee hikes are funding targeted customer subsidies while Blinkit faces slowing growth. The post Eternal Q4FY26: All Users Pay Higher Platform Fee, Only Some Get Discounts appeared first on MEDIANAMA.
OnePlus has unveiled the OnePlus Pad 4 with 13.2-inch 3.4K display, Snapdragon 8 Elite Gen 5 processor, and new AI features.
OpenAI has said that India has emerged as the largest market for ChatGPT's Images 2.0 model and is popular among young users for self-expression and creativity
OpenAI has revealed the reason behind ChatGPT referencing Goblins, gremlins and other mythical creatures. The company explained that the issue stemmed from a faulty personality in the chatbot.
IT major Infosys is making a bold commitment to Visakhapatnam with the establishment of a sprawling 20-acre permanent campus. Designed to accommodate 7,000 professionals, this facility not only symbolizes the company's trust in the region's growth but also underscores the influx of skilled talent in
