IPO Launch and Valuation DetailsMeesho is preparing a roughly $606 million initial public offering that features limited sell-downs from early investors and no sales from major backers such as SoftBank…
Suspension of Flights and Missed DeadlineVenezuela has barred six major international airlines from landing in the country after they did not meet a 48-hour deadline to resume operations. The carriers…
Discovery and Immediate Safety ActionAirlines around the world have warned of possible delays after Airbus requested urgent modifications to thousands of aircraft, following its discovery that intense solar radiation could…
South Korea’s medical device market is projected to grow at a compound annual growth rate of 5% until 2034, according to a new report from GlobalData. Government investment accelerates high-value…
Company disputes calculation method that could lead to $38 billion fine Apple has filed a case in the Delhi High Court challenging how India’s antitrust authority calculates penalties based on…
Company integrates Qwen models into new consumer device Alibaba released its artificial intelligence–powered smart glasses on Thursday as it increases its focus on the consumer AI market. The Quark AI…
Company positions Kunlunxin unit to meet domestic demand for AI compute Baidu is becoming one of China’s major artificial intelligence chip suppliers as domestic companies look for alternatives to Nvidia,…
Layoffs affect a portion of workforce as company expands into new battery reuse markets Redwood Materials is cutting around 5% of its workforce shortly after raising $350 million, according to…
Company reports large-scale data exposure following September ransomware incident Asahi said a ransomware attack in September may have leaked the personal information of more than 1.5 million customers. The company…
Attackers target mobile devices instead of attempting to break end-to-end encryption A new alert from the U.S. Cybersecurity and Infrastructure Security Agency says hackers are using commercial spyware to compromise…
Simulation models potential overlap between AI systems and human labor A new MIT–Oak Ridge National Laboratory study suggests that agentic AI systems could theoretically perform work equivalent to 11.7% of…
Startup aims to simplify complex visa processes through AI tools and legal support JustiGuide, a startup focused on immigration technology, is developing an AI-powered portal designed to help users understand…
Three local authorities shut down systems and activate emergency plans At least three London councils are responding to a cyberattack that has forced network shutdowns, disabled phone lines, and triggered…