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Automattic to lay off 16% of workforce amid AI’s impact on software makers
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Digital storytelling platform Pratilipi gets $20Mn to fund expansion
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Trump’s tariff announcement sends tech stocks plunging
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Amazon bids for TikTok US as Trump’s deadline nears: Report
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Nintendo announces ‘Switch 2’ launches June 5, priced at $450
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Court rules against Arkansas’ 18 yrs. social media age verification law, terms it ‘unconstitutional’
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Visa offers Apple $100Mn for Apple Card business: Report
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Qualcomm acquires VinAI’s ‘MovianAI’ amid heated global AI race
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GPT-4o’s image generator now available to all ChatGPT users
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SoftBank in talks to secure $16.5Bn in loan for AI investments in the US: Bloomberg
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OpenAI secures $40Bn in fresh funding, valuation at $300Bn
TheTechMedia, , Consumer Tech, Showcase, Social Tech, Technology, #TheTechMedia #TechNews #Techupdates #technology #ttm #techupdates, 0OpenAI has closed a record-breaking $40 billion private funding round, marking the largest capital raise by a private firm...
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India approves government-backed $4.3Bn bailout of Vodafone Idea, to acquire 49% stake
TheTechMedia, , Consumer Tech, Showcase, Social Tech, Technology, #TheTechMedia #TechNews #Techupdates #technology #ttm #techupdates, 0Vodafone Idea, the long struggling yet third largest Indian telecom player, has gotten a major relief from the government...
Blackstone eyes small stake in TikTok’s US operations: Report
TheTechMedia, , Consumer Tech, Showcase, Social Tech, Technology, #TheTechMedia #TechNews #Techupdates #technology #ttm #techupdates, 0New York-headquartered private equity major Blackstone is reportedly considering acquiring a minority stake in TikTok’s US operations. According to...
Apple doubles down on AI-powered healthcare, aims to roll out AI health coach, more
TheTechMedia, , Consumer Tech, Showcase, Social Tech, Technology, #TheTechMedia #TechNews #Techupdates #technology #ttm #techupdates, 0Apple is making a strong AI push into the healthcare industry, with plans to introduce an AI-powered health coaching...
Musk’s ‘xAI’ buys ‘X’ in $45Bn all-stock deal, valuing social media platform at $33Bn
TheTechMedia, , Consumer Tech, Showcase, Social Tech, Technology, #TheTechMedia #TechNews #Techupdates #technology #ttm #techupdates, 0Elon Musk’s AI company xAI has acquired Elon Musk’s social media platform X (formerly known as Twitter) in an...
CoreWeave makes muted Nasdaq debut, raised $1.5Bn valued at $23 billion
TheTechMedia, , Consumer Tech, Showcase, Social Tech, Technology, #TheTechMedia #TechNews #Techupdates #technology #ttm #techupdates, 0CoreWeave, a cloud services provider that recently partnered with OpenAI, made its debut on the Nasdaq stock exchange today...
India’s NCLAT upholds antitrust ruling against Google
TheTechMedia, , Consumer Tech, Showcase, Social Tech, Technology, #TheTechMedia #TechNews #Techupdates #technology #ttm #techupdates, 0Google has faced another regulatory setback in India after the National Company Law Appellate Tribunal (NCLAT) upheld key findings...
Krafton acquires majority stake in India mobile gaming startup Nautilus Mobile for $14Mn
TheTechMedia, , Consumer Tech, Showcase, Social Tech, Technology, #TheTechMedia #TechNews #Techupdates #technology #ttm #techupdates, 0South Korean gaming giant Krafton, known for its popular titles like PUBG: Battlegrounds and Battlegrounds Mobile India (BGMI), has...
Ubisoft forms a new €4Bn subsidiary with China’s Tencent amid financial struggles
TheTechMedia, , Consumer Tech, Showcase, Social Tech, Technology, #TheTechMedia #TechNews #Techupdates #technology #ttm #techupdates, 0Ubisoft has announced the formation of a new subsidiary that will consolidate its major game franchises, including Assassin’s Creed,...
Meta is launching a new Friends tab on Facebook to bring back some ‘OG’ vibes
TheTechMedia, , Consumer Tech, Showcase, Social Tech, Technology, #TheTechMedia #TechNews #Techupdates #technology #ttm #techupdates, 0Meta has unveiled a new ‘Friends’ tab on Facebook — rather counterintuitive statement considering what the platform was originally...
India’s quick commerce drives ‘two-thirds’ of e-grocery orders in 2024: Report
TheTechMedia, , Consumer Tech, Showcase, Social Tech, Technology, #TheTechMedia #TechNews #Techupdates #technology #ttm #techupdates, 0India’s quick commerce sector is witnessing rapid growth. And a new report just stamped that statement. QCom platforms like...
Google adds AI-powered travel planning tools
TheTechMedia, , Consumer Tech, Showcase, Social Tech, Technology, #TheTechMedia #TechNews #Techupdates #technology #ttm #techupdates, 0As the summer travel season approaches, Google is introducing AI-enhanced tools across Maps, Search, and Hotels to streamline the...
JioHotstar now has over 100 million paid subscribers
TheTechMedia, , Consumer Tech, Showcase, Social Tech, Technology, #TheTechMedia #TechNews #Techupdates #technology #ttm #techupdates, 0JioHotstar, the newly launched streaming giant formed by the merger of Disney’s Hotstar and Reliance owned JioCinema, has announced...
OpenAI nears $40 billion SoftBank-led funding
TheTechMedia, , Consumer Tech, Showcase, Social Tech, Technology, #TheTechMedia #TechNews #Techupdates #technology #ttm #techupdates, 0OpenAI is now on the verge of securing a record-breaking $40 billion funding round, with SoftBank Group Corp. as...
Google is making Android development private, open source releases to continue
TheTechMedia, , Consumer Tech, Showcase, Social Tech, Technology, #TheTechMedia #TechNews #Techupdates #technology #ttm #techupdates, 0For years, Android’s development process has involved public and private branches, with some aspects being openly accessible through the...
OpenAI projects $12.7Bn revenue in 2025, expects to be cash-flow positive by 2029: Report
TheTechMedia, , Consumer Tech, Showcase, Social Tech, Technology, #TheTechMedia #TechNews #Techupdates #technology #ttm #techupdates, 0OpenAI reportedly has internally projected that its revenue will more than triple in 2025, reaching $12.7 billion, up from...
Samsung co-CEO Han Jong-Hee passes away at 63
TheTechMedia, , Consumer Tech, Showcase, Social Tech, Technology, #TheTechMedia #TechNews #Techupdates #technology #ttm #techupdates, 0Han Jong-Hee, a long-term veteran of Samsung Electronics and the co-CEO of the enterprise, has passed away at the...
Jack Ma’s Ant Group reduces AI training costs by 20% using made-in-China chips: Report
TheTechMedia, , Consumer Tech, Showcase, Social Tech, Technology, #TheTechMedia #TechNews #Techupdates #technology #ttm #techupdates, 0Ant Group, the fintech company backed by Jack Ma, has achieved an important advancement in artificial intelligence (AI) model...
Xiaomi raises $5.27 billion to push EV expansion
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