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Latest tech news

Bloomberg
Online Grocer Zepto in Talks for $250 Million Secondary Sale Ahead of IPO
Online grocer Zepto is in talks for current stockholders to sell as much as $250 million of their equity, a move aimed at boosting the ownership of Indian investors before the startup seeks to go public later this year.
Online Grocer Zepto in Talks for $250 Million Secondary Sale Ahead of IPO
ARPU
SAP Overtakes Novo Nordisk as Europe's Most Valuable Company
German software giant SAP has surpassed Danish pharmaceutical company Novo Nordisk to become Europe's most valuable publicly traded company, Euronews reports.SAP's market capitalization reached approximately €312 billion, fueled by a 40% surge in its share price over the past year. Conversely, Novo Nordisk'
ARPU
Xiaomi Raises $5.27 Billion in Share Sale to Fuel Expansion
Chinese tech giant Xiaomi Corp is raising a substantial $5.27 billion through a top-up share placement, Reuters reports. This move comes as the company seeks to expand its operations, including its burgeoning electric vehicle (EV) business.The share sale, priced at HK$52.80 to HK$54.60 per
CNBC
23andMe files for bankruptcy, Anne Wojcicki steps down as CEO
Anne Wojcicki has resigned from her role as chief executive effective immediately, though she will remain a member of the board.
CNBC
Google's $32 billion Wiz deal may signal a turning point for slow IPO, M&A markets
Google's $32 billion acquisition of Wiz may signal the start of a friendlier initial public offering and deal activity environment.
ARPU
Google Rolls Out Gemini's Real-Time AI Video Features
Google has begun rolling out real-time AI video features for its Gemini AI model, as confirmed by a company spokesperson to The Verge. These features, which include the ability to "see" and understand information from a user's computer screen and smartphone camera, are being released to
ARPU
Klarna's IPO Hopes to Spark UK Fintech Listing Boom
Klarna's upcoming US IPO could trigger a wave of British fintech listings, Reuters reports. The Swedish buy-now pay-later company is expected to command at least $15 billion in its New York Stock Exchange debut, potentially inspiring other UK-based fintech firms to follow suit."Any successful IPO of
ARPU
Ford Leverages AI to Accelerate Vehicle Design
Ford is deploying artificial intelligence (AI) agents to expedite the design and engineering of new vehicles, aiming to match the rapid innovation cycles of its competitors, the Wall Street Journal reports. Bryan Goodman, Ford's director of AI, highlighted the need to accelerate the design process."I personally
CNBC
China's open-source embrace upends conventional wisdom around artificial intelligence
China’s artificial intelligence space is moving towards free-use, open-sourced models in a trend that experts say will accelerate AI adoption and innovation.
DIGITIMES
Baidu, Alibaba, Tencent flex financial muscle as billions pour into AI race
Baidu, Alibaba, and Tencent (collectively known as BAT)—are dramatically scaling up investments in artificial intelligence (AI) and capex, signaling aggressive intent in the escalating global AI race.
Financial Times
Malaysia to crack down on Nvidia chip flows under US pressure
Malaysia is planning to tighten regulations on semiconductors as it comes under US pressure to staunch the illicit flow to China of chips crucial to the development of artificial intelligence.
Bloomberg
Apple Working on Turning Watches Into AI Devices With Cameras
Apple is exploring the idea of adding cameras and visual intelligence features to its smartwatch, thrusting the company into the AI wearables market. Also: Apple makes major executive changes following its Siri struggles, while the EU is pushing hard to open up iOS.
Apple Working on Turning Watches Into AI Devices With Cameras
CNBC
As Binance works toward redemption, CEO says Trump has been ‘fantastic’ for crypto
Binance, the once embattled cryptocurrency exchange, is now navigating a dramatically friendlier political landscape under President Donald Trump.
NPR
Amazon smart speakers disable a privacy setting that allowed local storage of voice recordings
NPR's Ayesha Rascoe talks to Jennifer Tuohy of The Verge about changes to Amazon's smart speakers. Users will no longer be able to opt not to have their voice recordings sent to the cloud.
South China Morning Post
Beijing AI firm to establish global headquarters in Hong Kong, hold IPO in city - South China Morning Post
Beijing AI firm to establish global headquarters in Hong Kong, hold IPO in city  South China Morning Post
The Verge
Cloudflare is luring web-scraping bots into an ‘AI Labyrinth’ - The Verge
Cloudflare is luring web-scraping bots into an ‘AI Labyrinth’  The Verge
Reuters
OpenAI, Meta in talks with Reliance for AI partnerships, The Information reports - Reuters
OpenAI, Meta in talks with Reliance for AI partnerships, The Information reports  Reuters
The Guardian
Reid Hoffman: ‘Start using AI deeply. It is a huge intelligence amplifier’ - The Guardian
Reid Hoffman: ‘Start using AI deeply. It is a huge intelligence amplifier’  The Guardian
SCMP
Tencent’s Hunyuan T1 AI reasoning model rivals DeepSeek in performance and price
The tech giant’s latest offering leverages large-scale reinforcement learning, rivalling DeepSeek in top benchmark tests.
ARPU
Tencent Launches Upgraded T1 Reasoning Model in China's AI Arms Race
Chinese tech giant Tencent officially launched the upgraded version of its T1 reasoning model, intensifying competition in China's burgeoning AI sector. The company's announcement, posted on its official WeChat account, highlights the model's enhanced capabilities and faster response times."T1 can 'keep
ARPU
TikTok Deal Talks Center on US Investor Buyout
The White House-led negotiations over the future of TikTok are reportedly converging on a plan for existing US investors to increase their stakes in the company and acquire its US operations. This development, as reported by Reuters, aims to prevent a potential ban on the popular video-sharing app.Reuter'
Financial Times
Microsoft-backed Builder.ai relied on auditor with links to founder
Builder.ai, one of the UK’s best-funded tech start-ups, has relied on an auditor with long-standing links to its founder to sign off its accounts — a finding that has raised alarm with corporate ...
Tech in Asia
AI robotics startup Bot Company raises $150m, sources say - Tech in Asia
AI robotics startup Bot Company raises $150m, sources say  Tech in Asia
LA Times
Musk tells Tesla employees to hold on to their stock amid protests
In an all-hands company meeting broadcast on X, Tesla Chief Executive Elon Musk urged employees to hold on to their shares, which have fallen in value by 34% year to date.
CNBC
Microsoft rallies in last 10 minutes of trading to avoid first eight-week losing streak since 2008
Microsoft faces competition in cloud computing from companies such as Google, which is looking to boost its security business with Wiz.
SCMP
Baidu stresses strong data privacy measures after executive’s daughter doxes netizen
The cloud storage provider has sought to restore public trust after a public outcry from a doxxing incident involving the child of a vice-president.
CNBC
Crypto super PACs pump cash into Florida as GOP faces risk of thinning House majority
The crypto industry is pouring money into two Florida House races that could have a big impact on the Republican Party's ability to hold its slim majority.
MIT Technology Review
OpenAI has released its first research into how using ChatGPT affects people’s emotional wellbeing
OpenAI says over 400 million people use ChatGPT every week. But how does interacting with it affect us? Does it make us more or less lonely? These are some of the questions OpenAI set out to investigate, in partnership with the MIT Media Lab, in a pair of new studies.  They found that only a…
CNBC
Elon Musk tells Tesla employees 'hang onto your stock,' urges vandals to 'stop being psycho'
In an all-hands livestreamed meeting on Thursday night, Tesla CEO Elon Musk commented on some of protests and instances of vandalism the company has faced.
TechCrunch
ChatGPT: Everything you need to know about the AI-powered chatbot - TechCrunch
ChatGPT: Everything you need to know about the AI-powered chatbot  TechCrunch