Industry
Apple Pay Reportedly Coming to India With Axis Bank as First Partner
Apple Pay is reportedly coming to India with Axis Bank credit cards, bringing contactless card payments to iPhone users while UPI remains dominant.
Industry
Business and market news for tech - earnings, acquisitions, layoffs, EV market moves, and the deals shaping the industry.
AI
Nvidia Says Its New AI Safety Tools Could Have Stopped the Hugging Face Hack
Nvidia has released AI agent safety tools built around OpenShell and Sentry, saying the systems could have stopped the Hugging Face breach earlier.
AI
Google Space AI Data Center Test Is Scheduled for October 1
Google’s first space AI data center test is scheduled for October 1, with a small satellite carrying four TPUs to test AI computing hardware in orbit.
Industry
Amazon Raises U.S. Starting Pay by $1 to $20, Adds Grocery and Banking Benefits
Amazon is raising eligible U.S. operations pay by $1 to $20 an hour while adding grocery discounts and a new lifetime banking benefit.
AI
Adobe Rilo Acquisition Brings AI Marketing Startup Into Adobe
Adobe Rilo acquisition brings the Indian AI startup's technology and six-member team into Adobe as it expands agentic marketing and workflow automation.
Industry
Uber Layoffs Cut 3,300 Jobs as Company Restructures
Uber is cutting about 10% of its workforce, or roughly 3,300 jobs, as CEO Dara Khosrowshahi restructures teams to make the company simpler and faster.
AI
OpenAI Cursor Contract Will End After SpaceX Acquisition
OpenAI plans to wind down its model contract with Cursor on November 12, citing concerns about SpaceX's compliance with its terms of service.
Hardware
Apple iPhone Launch Event Set for September 9 With New Models
Apple has set its iPhone launch event for September 9 at Apple Park, where the company is expected to unveil new iPhones and other hardware.
AI
Nvidia Agrees to Hugging Face Acquisition at $12.9 Billion
Nvidia has agreed to acquire Hugging Face for $12.9 billion, according to The Information, in a deal that would deepen Nvidia's reach into open-source AI.
AI
OpenAI Launches Admin Plugin for ChatGPT Work and Codex
OpenAI's Admin plugin lets ChatGPT Work and Codex admins review workspace activity, manage access, adjust usage limits, and handle requests from chat.
AI
Apple Layoffs Cut More Than 200 Jobs Across Siri and Vision Pro
Apple layoffs affect more than 200 jobs across Vision Pro, Siri, and software teams as the company shifts resources toward AI and future devices.
AI
Stripe Is Buying OpenRouter for More Than $7 Billion, Bloomberg Reports
Stripe is buying OpenRouter for $7bn+, per Bloomberg. The AI model gateway routes 8 million developers across 400+ models. Stripe declined to comment.