Adobe has acquired Indian AI startup Rilo less than a year after its launch, marking its second known acquisition in India
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GoPro will merge with Starman Optical in a $285 million deal, retaining its public listing while expanding into AI, defense and optics.
Amazon is cutting 121 jobs in Washington as H-1B hiring, AI investment and warehouse automation fuel fresh debate over the US workforce
OpenAI rejects Apple’s trade secret theft claims, arguing company policies, offboarding process contributed to former employees’ data access
Oracle is cutting around 3,000 jobs in India, extending a global workforce reduction as the company ramps up spending on AI
The FTC and 22 states sued Amazon, alleging a hidden ad-pricing scheme that overcharged businesses by tens of billions of dollars.
Nvidia invests $3.5B in MediaTek to expand AI chip partnerships, accelerate custom silicon development, and strengthen its computing ecosystem
Ternus is expected to reshape the company’s leadership team as several senior executives, including Srouji and O’Brien, near retirement.
Tim Cook steps down as Apple CEO after nearly 15 years, with John Ternus taking over as the company faces a new AI era.
OpenAI plans to end SpaceX’s access to its AI models through Cursor on November 12, citing contract compliance concerns involving Elon Musk’s companies.
Virginia startup Operation Bluebird has launched Twitter.now, seeking to revive the Twitter name and logo as it faces a legal battle with X
Rivian CFO Claire McDonough will resign in October and join GE Vernova, as Rivian prepares for a leadership transition.
President Donald Trump praised Micron Technology’s planned $10B U.S. investment in research labs focused on AI, memory and advanced computing
Nvidia pauses AI cloud financing deals amid control and antitrust concerns, while investors scrutinize circular funding
Immigrant merchants face rising sanitation fines after filing lawsuit against Mayor Zohran Mamdani’s public grocery initiative.
Apple will hold its iPhone launch event Sept. 9, with the iPhone 18 Pro, Apple Watch updates, a potential foldable iPhone expected to debut
Nvidia reportedly plans to acquire Hugging Face for $12.9 billion, strengthening its AI ecosystem and expanding its cloud computing ambitions
Indian American former Optum director Karan Gupta receives three-year sentence for defrauding healthcare company of more than $950,000.
Emerald AI raises $150 million in Series A funding to expand power-flexible data center technology for growing AI demand.
Volkswagen CEO Oliver Blume urges workers to accelerate cost-cutting as German plants face restructuring, high costs and job-loss concerns.
Vanguard will acquire fintech platform Altruist in a roughly $4 billion deal to expand financial advice and wealth management.
Bill Gates warns that AI could eliminate jobs, empower criminals and disrupt children’s development, urging leaders to prepare for its risks.
Nvidia employee charged in Taiwan over alleged illegal exports of advanced AI chips to China through Japan and Indonesia.
Consulting firm resolves allegations of tying partner pay and promotions to race- and sex-based hiring targets.
Ampcus has acquired SmarterD, adding its AI-powered IT, security and compliance data platform to the company’s cybersecurity and risk management business.