SpaceX's business and finances: Rockets, satellite communications and budding AI

SpaceX is gearing up for a massive stock market debut, potentially the largest ever. The Elon Musk-led company is known for its rocket launches and Starlink internet service. SpaceX is also developing its Starship for lunar and Mars missions. Recent financial reports show significant revenue growth. The company's acquisition of xAI further expands its reach into artificial intelligence.

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Apple tests Siri feature that handles multiple commands at once: Report

The feature is ‌being built ⁠into iOS ⁠27, iPadOS 27 and macOS 27 operating systems, all ​of which are expected to launch later this year, Bloomberg said, ​citing people familiar with the matter.

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Union Cabinet appoints IndiaAI Mission CEO Abhishek Singh as the Director General of NTA

In a sweeping bureaucratic reshuffle on the last day of the financial year, the Appointments Committee of the Cabinet (ACC) has approved the appointment and transfer of over 40 senior officers across various central ministries and departments.

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ETtech Explainer: What Emergent’s ARR reveals about AI’s numbers game

A debate over how vibe-coding startup Emergent — backed by the likes of SoftBank, Lightspeed, and Khosla Ventures — has reported its numbers has put the spotlight on the ARR metric of AI startups. In February, Emergent said it had hit $100 million in ARR within just eight months of launch, but a closer look at what ARR actually means reveals a more complicated picture.

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Delaware judge accused of bias reassigns Musk cases

Chancellor Kathaleen McCormick of the Court of Chancery said she was reassigning three cases against Musk and Tesla board members that are potentially worth billions of dollars after the defendants said she supported ‌a post on LinkedIn celebrating ⁠a jury ⁠verdict against Musk in an unrelated securities fraud case.

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Vertical Aerospace secures financing package of up to $850 million

Vertical Aerospace ​said on Monday ​it has agreed in principle to ​a financing package of up to $850 million, sending its US-listed shares up over 4% in morning trading. The ‌company ⁠said it ⁠raised $50 million of equity capital on Monday and ​expects a further $30 million shortly, positioning it to have ​about $160 million of working capital in the near term to fund operations through 2026.

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War singes ecommerce, quick commerce supply chains as input costs rise

The first signs of stress, according to industry executives, are visible in packaging costs and inventory movement and fulfilment cycles, particularly for quick commerce platforms that depend on high-frequency restocking. Demand-side pressures could emerge if fuel prices rise sharply, they said.

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WTO talks in Brazil-US deadlock over ecommerce duties moratorium

Negotiations to extend the moratorium - ​which is set to expire in March - by four years plus an additional buffer year to 2031 are stuck, even though a broader reform package appears close to a deal, a senior diplomat and two diplomats told Reuters.

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WTO MC: Members intensify talks on ecommerce duty moratorium extension at Yaounde

While some countries oppose an extension or favour a two-year period, the US is pushing for a longer duration.

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Fuel volatility accelerates EV leap in last mile delivery for ecommerce, logistics firms

Ecommerce and logistics companies are accelerating the shift to electric vehicles (EVs) for last-mile deliveries, driven not just by sustainability goals but also by rising costs and supply risks. While EV adoption was already gaining momentum at companies such as Flipkart, Delhivery and Porter, fuel price volatility linked to global conflicts is hastening the transition, executives at bigbasket, Zippee and Dealshare said.

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What is Agent Smith? Google’s internal AI tool for operations that helps engineers code

Agent Smith by Google: Unlike conventional AI coding assistants, the system is capable of planning and executing workflows autonomously, marking a shift toward more independent AI agents. Agent Smith can reference internal documents and access employee profiles to complete assigned tasks. It is built on Google’s earlier platform, Antigravity, but offers significantly greater autonomy and workflow integration.

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