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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.- Trump says he thinks AI companies will agree to 'giving back' to the publicPresident Trump plans to meet with top AI executives soon. He expects them to agree to 'give back' to the public. This could involve the go...
- Meta partners with Reliance to lease 168 MW AI data centre in JamnagarMeta has deepened its India bet by partnering with Reliance Industries to build its first AI-ready data centre in the country, leasing 168 ...
- CleanMax shares soar 15% to record high on Meta partnershipCleanMax Enviro Energy Solutions shares surged 15% to a 52-week high after announcing a 900 MW renewable energy partnership with Meta Platf...
- Meta to launch America's workforce academy for guaranteed job placement with $115 million first year investmentMeta is launching America's Workforce Academy (AWA), a nationwide program designed to fast-track individuals into long-term careers in skil...
- 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....
- H-1B filings rise at OpenAI, Anthropic and Nvidia as companies expand overseas recruitmentAI firms OpenAI, Anthropic, and Nvidia are boosting H-1B visa applications. This comes as they compete for specialized talent. Other major ...
- Meta funds skilled trades jobs program for AI data center buildoutThe cost-free program, America's Workforce Academy, will end in guaranteed job offers to graduates, the company said in a statement. A Meta...
- 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...
- U.S. Stock Market prediction for Monday: Nasdaq, S&P 500, Dow Jones crash to continue in Wall Street? These factors will determineU.S Stock Market on Monday: Magnificent Seven stocks which includes AI players Nvidia, Google-parent Alphabet and Meta will be under scanne...
- SpaceX IPO: What risks should investors consider? What to do if you don't get SpaceX IPO allocation?SpaceX IPO: At roughly 110 times trailing sales, Elon Musk-led company's valuation assumes years of rapid growth, raising the stakes for in...
- Firms on AI spending spree: US tech companies cut most jobs in nearly 2 yearsThe tech sector said last month it planned to eliminate 38,242 positions, the most since August 2024, according to data from outplacement f...
- Pinterest deepens Amazon partnership with $4 billion cloud dealPinterest is investing heavily in its future with Amazon Web Services. The social media company will spend four billion dollars on cloud se...
- US stocks: Pinterest deepens Amazon partnership with $4 billion cloud dealAmazon.com's cloud computing unit will provide Pinterest its custom chip processors, including Graviton and Trainium, to help scale its AI ...
- Court rules EU must drop strict curbs on Facebook MarketplaceThe appeal before the EU's General Court in Luxembourg regarded the platforms' designation under the Digital Markets Act (DMA), one of seve...
- China tightens oversight of overseas investments amid tech rivalry with USChina has introduced new rules to tighten control over overseas investments. This directive aims to enhance national security reviews for c...
- Malaysia Bans Under-16s From Social Media: New Age Verification Rules EnforcedMalaysia has begun enforcing new rules. Children under 16 are now banned from social media accounts. Platforms must implement age verificat...
- Meta tool to track employee mouse clicks on collision course with EU privacy rulesMeta's AI training tool, Model Capability Initiative (MCI), is reportedly capturing extensive U.S. employee computer usage, including non-U...
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