80%
Tech firms gain amid Microsoft staff buyout and Fed decision anticipation
Microsoft offers 60,000 buyouts as tech firms see growth potential amid Anthropic IPO and Federal Reserve's decision anticipation
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Apple introduced a redesigned iPad mini with an 8.5‑inch OLED screen and an A20 Pro processor. The tablet includes IP67 water resistance, upgraded cameras, and a 5.4 mm thin profile. In India, prices begin at Rs 82,900, according to reports from The Indian Express and The Hindu Sci‑Tech.
Instagram is trialing 90‑minute horizontal videos with a group of US creators. The rollout is part of a broader effort to support long‑form content on the platform. In parallel, Instagram is testing a 'Series' feature for episodic Reels.
Anthropic PBC has filed for an IPO, showcasing its AI prowess and the wealth of its seven co-founders. The company, set to trade on Nasdaq under ANT, faces market maturity and competition challenges.
India has revised its motor vehicle regulations to allow the use of E100 ethanol fuel in flex‑fuel cars. The policy seeks to reduce crude oil imports and emissions, though standard petrol vehicles remain incompatible. The government’s approval paves the way for ethanol‑powered vehicles on Indian roads.
India's Space Research Organisation (ISRO) plans to expand its space operations, aiming to have four functional launch pads by 2029. The expansion will be achieved through partnerships with private firms and startups, as well as the development of a dedicated 2,000-acre Small Satellite Launch Vehicle complex in Tuticorin.
Ukraine and Elon Musk's Starlink claim: Ukrainian officials argue against Musk's assertion that the country misused the satellite service for drone strikes, while exploring alternative options.
SpaceX has closed a $40 billion debt deal to buy Nvidia GPUs for its AI data centers. The transaction was reported by Mint Business and earlier mentioned by Reuters in talks with banks. Elon Musk noted that the company’s investment‑grade status, Starlink, and launch revenue will support the borrowing.
Prime Minister Narendra Modi opened the Reserve Bank of India's new data centre and Cybersecurity Training Institute in Bhubaneswar, Odisha. The project involved an investment of Rs 169 crore. The data centre is certified as Tier IV by the Uptime Institute, indicating high reliability.
Indian Space Research Organisation (ISRO) Chairman V Narayanan states that by 2029, the organisation will have four launch pads, highlighting the development of crucial infrastructure at the upcoming Kulasekarapattinam spaceport facility.
Microsoft's AI tool, developed by researchers, demonstrates higher accuracy (82%) than general physicians (42%) in complex medical cases, according to a Science study.
India's rapidly growing data center sector faces challenges from public opposition and issues around water and power usage, impacting the country's ambitions to become a global hub for data storage.
The iPhone Duo is scheduled to launch on Friday, October 23. Apple announced that walk‑in availability at Apple Stores will be limited, meaning not every location will have stock. Shoppers are encouraged to verify inventory at their preferred store before visiting.
Google has launched new Gemini AI features aimed at small businesses. The offering adds a business landing page that merges brand development, financial analysis and customer insights. Google claims the tools will cut the time needed for marketing and financial management.
Attorney General Peter Neronha filed a suit in Providence Superior Court accusing Meta of earning billions from scam advertisements. The complaint requests civil penalties, consumer restitution, and recovery of illicit profits. The filing was reported by both Economic Times Tech and Mint Business.