US stocks: Oaktree-backed ITG targets $2.7 billion valuation in US IPODigital infrastructure firm ITG is aiming for a valuation of up to $2.67 billion in its US stock market debut, seeking to raise as much as ...
22 Jun, 2026, 06.46 PM IST
Nestle, Uber among global business leaders to back faster electrification shiftOver 100 global companies, including Nestle and Uber, are urging governments to prioritize electrification in economic strategies. They arg...
22 Jun, 2026, 12.03 PM IST
Rapido's early backers look to sell shares worth Rs 100 croreAngel investors are offloading Rapido shares worth Rs 100 crore as part of a larger $730 million funding round. Swiggy, an early investor, ...
18 Jun, 2026, 06.00 AM IST
Pizza Hut: From $600 loan to 20,000 stores and the new $2.7 billion twist for the global empirePizza Hut, a nearly 70-year-old American icon, has been split in a $2.7 billion deal. Yum Brands is selling its international business outs...
17 Jun, 2026, 04.58 PM IST
Can Elon Musk's xAI challenge Anthropic after SpaceX's $60 billion Cursor AI acquisition from Anysphere?SpaceX has agreed to acquire Cursor AI parent Anysphere for $60 billion in an all-stock deal, days after SpaceX's blockbuster Nasdaq debut....
16 Jun, 2026, 08.15 PM IST
Explained: SpaceX's IPO includes a 'greenshoe' option. Here's what that meansSpaceX's record $75 billion IPO includes a greenshoe option, allowing for the sale of an additional 15% of shares. This standard feature, d...
13 Jun, 2026, 12.12 AM IST
Ride-hailing app Bolt expands to Italy in bid to shake up underserved marketEstonia-based Bolt will work with hundreds of drivers in Milan - either official cab drivers or private hire car drivers - and expects to s...
10 Jun, 2026, 10.39 AM IST
Enterprise AI Adoption Enters a New Phase as Companies Shift Focus From Access to ROIFor the past two years, enterprises have encouraged employees to adopt AI tools at scale. Now, some of the biggest corporate users of AI ar...
05 Jun, 2026, 01.58 PM IST
Policybazaar founder warns of insurance squeeze; IT's buying spreeHappy Wednesday! Policybazaar’s Yashish Dahiya has warned that proposed commission caps could disrupt the insurance distribution industry. ...
03 Jun, 2026, 07.56 AM IST
Uber introduces 'Uber Drift' experience for tourists in TokyoUber is launching "Uber Drift" in Japan, offering a limited-edition tourism experience where visitors can ride with professional drivers in...
02 Jun, 2026, 12.17 PM IST
Tokens, tokens everywhere, but not a cent to spareCompanies are facing a significant challenge with the escalating cost of AI tokens as they adopt agentic workflows. Uber has already deplet...
02 Jun, 2026, 06.00 AM IST
Prosus considering raising Delivery Hero stake in bid to thwart Uber takeover: ReportDutch tech investor Prosus is looking to buy more shares in Delivery Hero. This move aims to block a takeover bid from Uber. Prosus already...
01 Jun, 2026, 07.08 PM IST
After the AI binge, companies balk at soaring billsArtificial intelligence is becoming more expensive as companies rethink their initial embrace. The era of "subsidized intelligence" is endi...
31 May, 2026, 07.28 AM IST
Company racks up $500M Claude AI bill in one month after putting no usage limits on employee licensesA firm's unchecked AI spending led to a staggering $500 million bill in a single month due to unlimited employee licenses for platforms lik...
30 May, 2026, 03.59 PM IST
AI costs spiral as firms lose spending controlCompanies are facing massive AI bills, with one firm reportedly spending $500 million in a month on Claude AI due to unchecked usage. Sever...
30 May, 2026, 08.23 AM IST
The world is becoming training data for AI, for which everyone is unprotectedPronto, a home services startup, is facing criticism for using body-camera footage from workers inside customers’ homes to train AI and rob...
29 May, 2026, 11.20 PM IST
Uber weighs higher bid for Delivery Hero: FTUber's board met to discuss increasing its offer for Delivery Hero after a major shareholder rejected a bid valuing the German firm at over...
25 May, 2026, 07.20 AM IST