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Canada's move to rein in AI chatbots, spurred by school shooting, faces doubts over loopholesCanada's new AI chatbot and social media regulation bill, prompted by a school shooting, faces criticism for potential loopholes and a leng...
Signs of worry: Is SpaceX's $75 billion IPO ringing the bell of market top?SpaceX's upcoming IPO at a staggering valuation is sparking debate. Investors wonder if this massive listing signals the peak of the curren...
US stocks: US market ticks up as chips rebound, Middle East in focusU.S. stocks opened higher on Thursday, with investors showing interest in undervalued technology shares. The Dow Jones Industrial Average, ...
SpaceX’s IPO success may rub off on AmbaniInvestor interest in major tech offerings remains strong. Mukesh Ambani's Jio Platforms is preparing for a significant IPO in India. Howeve...
Canada introduces legislation to ban social media for children under 16, regulate AI chatbotsThe bill also aims to make AI chatbots safer by setting up a digital regulator to establish safety standards, a government official said. C...
Tap-and-pay takes off; ADIA to trim Lenskart stakeHappy Thursday! Tap-and-pay card usage is on the rise in India despite UPI's dominance. This and more in today’s ETtech Morning Dispatch.
OpenAI joins rival Anthropic in race to Wall StreetOpenAI did not disclose the size or terms of the offering, and said a timeline has not yet been determined. "It may be a while because ther...
EU orders Meta to open WhatsApp to rival AI chatbots for freeThe EU ordered Meta on Tuesday to give rival AI chatbots access to its WhatsApp platform for free within five working days as it carries ou...
'If America won't get Indian brains...': Former Meta executive and founder warns US on H1B visa, says jobs would go to Bangalore anywayA federal court struck down a $100,000 H-1B visa fee. Former Meta engineer Zach Wilson praised this, highlighting the talent pool in India....
OpenAI files for US IPO after Anthropic as AI giants head to public marketsAI giant OpenAI has confidentially filed for a US initial public offering. This move follows rival Anthropic's similar filing. Investors ar...
Big tech firms must stop young people circulating nude images, says UK PM StarmerUnder the new plans, companies like Apple and Google should build or activate technical solutions on smartphones and tablets to detect and...
Meta to take legal action against Israeli spyware firm NSO, foils phishing attacksMeta has filed a federal court contempt order against NSO Group for violating a permanent injunction barring it from targeting WhatsApp. Th...
AI-driven data centre demand far outstrips supply despite record hyperscaler spending: JefferiesGlobal demand for data centres continues to significantly outpace available supply, creating a structural shortage that is expected to pers...
Trai plan to regulate internet TV triggers pushback from OTT, broadcaster groupsIn a bid to regulate, India's telecom authority TRAI is exploring potential guidelines for online television services, sparking a backlash ...
China enters its flood season; heavy rain expected in the southChina has entered its flood season with heavy rains forecast for the south. Some northern areas and major river basins will experience belo...
'Insane bubble and bigger than 1999': Zoho founder Sridhar Vembu has a scary warning about the future of AIZoho founder Sridhar Vembu warns of a potential market bubble driven by AI enthusiasm, citing high price-to-sales ratios for tech giants li...
US-led AI investments risk capital destruction: Chris WoodJefferies' Chris Wood warns of significant capital destruction in the current AI investment cycle, drawing parallels to past boom-and-bust ...
Social media companies pay $27 million to settle Kentucky school district's lawsuit over social media harms, records showMeta settled the case brought by Breathitt County School District on May 21, a few weeks before a planned June trial, following earlier set...
‘If you're writing code traditionally, stop. It's over': Former Google CEO Eric Schmidt explains why he is mourning as a programmerFormer Google CEO Eric Schmidt declared traditional coding is obsolete, urging developers to stop writing code manually. If you're writing ...
Meta lays off nearly 1,400 Washington employees in latest tech workforce cut: Check worst-hit departments, severance package and moreMeta is set to lay off nearly 1,400 employees across Washington state, including Seattle, Bellevue, and Redmond, starting July 22, 2026. Th...