A cybercriminal group, ShinyHunters, stole vast amounts of student data from the educational platform Canvas. Some affected schools and universities reportedly tried to negotiate directly with the hackers. The breach caused disruptions for students. Canvas' parent company, Instructure, investigated the incident and has since restored services.
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Saturday, May 9, 2026
Apple, Intel have reached preliminary chip-making deal: Report
Intel has a preliminary deal with Apple to make chips for its devices. This is a big win for Intel's manufacturing. Apple could get more chip capacity. The US government played a role in talks. Intel stock rose on the news. Apple shares also saw gains. This deal diversifies Apple's chip manufacturing.
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Friday, May 8, 2026
Paris public prosecutor opens judicial investigation into Elon Musk and X
The legal landscape around Elon Musk's X social media platform is heating up as Paris prosecutors announce a formal inquiry into allegations of algorithmic misconduct and dubious data reporting. This investigation, which involves the oversight of judges, comes after Musk missed an important court summons. The scope of the probe also encompasses X.
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Thursday, May 7, 2026
The growing pay gap: AI skills drive 60% higher salaries in tech
AI-skilled professionals are commanding significant pay premiums, earning up to 60% more than their peers in other tech fields. This widening salary gap is expected to persist and grow over the next two to three years as companies increasingly adopt AI-influenced pay frameworks and automation impacts entry-level roles.
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Wednesday, May 6, 2026
Elon Musk wanted $80 billion to colonise Mars, OpenAI president testifies at trial
Elon Musk sought complete control of OpenAI to fund his Mars colonisation dream. He aimed to raise $80 billion for a Martian city. This revelation comes amid Musk's lawsuit against OpenAI. The trial could shape the future of artificial intelligence. OpenAI plans significant computing investments.
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Apple to let users choose rival AI models across iOS 27 features: Report
Apple will allow users to select from third-party AI models for tasks such as generating and editing text and images, across its iOS 27 features.
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Tuesday, May 5, 2026
Startups lead AI push into construction amid labour shortages
Construction is fast shedding its tech-resistant tag as AI-powered startups roll up sleeves to tackle labour shortages and speed up industry’s digital transformation, writes ET.
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AI startup Sierra raises $950 million at $15 billion valuation
AI startup Sierra has secured a significant funding round of $950 million. This investment values the company at over $15 billion. Sierra plans to use the funds to expand its platform. The company aims to become a global standard for AI-driven customer experience. Sierra's AI agents are already powering billions of customer interactions for major companies.
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Centre announces 15,000 scholarships for AI-use in media, entertainment, gaming
The Centre is launching a major initiative to train young professionals in artificial intelligence. Fifteen thousand scholarships will be offered for the media, entertainment, gaming, and animation sectors. This program aims to boost skills in emerging technologies. Collaborations with IICT, Google, and YouTube will provide specialised training. Participants will gain hands-on experience in AI-enabled creative processes.
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Monday, May 4, 2026
UpGrad to acquire Unacademy at lower Rs 2,000 crore valuation
Upskilling platform UpGrad is set to acquire Unacademy in an all-stock deal valued at ₹2,055 crore, significantly below Unacademy's peak valuation. Unacademy will bring substantial cash reserves to the deal, which is awaiting Competition Commission of India approval. This consolidation marks a significant move in India's edtech sector amidst a post-pandemic slump.
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Galaxeye eyes 8-week timeline to begin commercial data rollout; defence demand to anchor early revenues
GalaxEye is set to launch commercial sales of satellite imagery from its new Mission Drishti satellite in eight weeks. Defence and security agencies are anticipated to be the primary customers. The company's satellite combines advanced radar and multispectral sensors. This move signifies a significant step in monetizing private space technology in India, moving beyond experimental phases to scalable applications.
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Schools reach out to Canvas hackers as breach hits US classrooms
A cybercriminal group, ShinyHunters, stole vast amounts of student data from the educational platform Canvas. Some affected schools and uni...
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Facebook’s Zuckerberg blasted for ‘out of touch’ year-end post after scandal-plagued 2018 After a year plagued by privacy scandals, hat...
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iCOPS will deliver a unified management experience across hybrid and multi-cloud operations with a focus on enhancing compliance and securit...