News
US govt lift export curbs on Mythos 5 AI
4+ hour, 16+ min ago (375+ words) In a major regulatory pivot that ends a high-stakes two-week standoff, the U. S. government has partially reversed its sweeping export freeze on Anthropic, authorizing a limited redeployment of its advanced Mythos 5 AI model. The decision, communicated by U. S. Commerce Secretary Howard Lutnick,…...
Govt to buy 12% equity stake in Sarvam AI
13+ min ago (208+ words) In a rare and historic move for India's technology ecosystem, the Central Government is poised to become a minority shareholder in Bengaluru-based artificial intelligence startup Sarvam AI. As Sarvam wraps up its massive $300 million Series B funding round, the Centre…...
Trump warns 100% tariff against Digital Tax
58+ min ago (352+ words) In a drastic escalation of transatlantic trade friction, U. S. President Donald Trump has issued a fierce economic ultimatum: any country that implements a Digital Services Tax (DST) on American technology firms will instantly face a blanket 100% tariff on all exports to…...
Polymarket cross $1 Billion ARR
1+ hour, 2+ min ago (233+ words) Prediction market platform Polymarket has officially crossed $1 billion in annualized revenue. The milestone marks an incredible financial turnaround for a company that was generating essentially" Prediction market platform Polymarket has officially crossed $1 billion in annualized revenue. The milestone marks an…...
Govt propose new rules for imported medicines
1+ hour, 22+ min ago (157+ words) The Union Ministry of Health and Family Welfare has issued a major draft notification proposing amendments to Rule 31 of the Drugs Rules, 1945. The policy" The policy shift, published via Gazette Notification G. S. R. 505 (E), aims to cut massive pharmaceutical supply chain wastage and…...
Sony discontinues it's robotic pet dog "aibo' in Japan
4+ hour, 24+ min ago (154+ words) In a bittersweet moment for tech enthusiasts and roboticists alike, Sony Group Corp. has officially announced that it will discontinue sales of its iconic aibo robot pet dog in Japan. The notification, issued on June 25, 2026, states that Japan sales of…...
Disney pays $50 M to settle claims it inflate streaming cost
1+ hour, 57+ min ago (176+ words) The Walt Disney Company has agreed to a $50 million class-action settlement to resolve a long-running antitrust lawsuit accusing the media giant of artificially inflating live-TV streaming prices. The central pillar of the antitrust complaint alleged that Disney anticompetitively weaponized its…...
Byju's lenders seek 30% stake in settlement
1+ hour, 58+ min ago (274+ words) The multi-year, multi-billion-dollar war between Byju's and its overseas creditors may finally be reaching an end. In an advanced bid to clear the slate, Byju's global" The multi-year, multi-billion-dollar war between Byju's and its overseas creditors may finally be reaching…...
Government May Take 1-2% Stake in AI Startup Sarvam After Its $300 Million Raise
3+ hour, 37+ min ago (709+ words) Sarvam's $300 million round values it at $1. 5 billion, making it India's 130th unicorn. The government may take a 1-2% stake for India AI Mission compute support. " New to this topic? Read our full guide: Startup Funding Explained. The Indian government may take a…...
Biopharma Shakti Scheme To Roll Out In 3 Months With Focus On Faster Drug Approvals
3+ hour, 22+ min ago (584+ words) India's Rs 10, 000 crore Biopharma Shakti scheme will roll out in about three months, promising faster drug approvals and strong cash support for startups. " New to this topic? Read our full guide: Indian Economy Explained. India's big new Biopharma Shakti scheme…...