Wednesday, April 8, 2026

Digital lender Kreditbee in unicorn club with $280 million at $1.5 billion valuation

Digital lending firm Kreditbee has raised $280 million, becoming a unicorn with a $1.5 billion valuation. This funding marks their last private round before a planned public listing. The company is awaiting regulatory approval for its initial public offering. Kreditbee has expanded its offerings and is investing in new technology.

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Anthropic touts AI cybersecurity project with Big Tech partners

Under its "Project Glasswing", select organizations will be allowed to use the startup's unreleased and general-purpose AI model, "Claude Mythos Preview", for defensive ‌cybersecurity work, Anthropic ⁠said. ⁠Other partners include CrowdStrike, Palo Alto Networks, Google and Nvidia.

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Adobe debuts AI Student Spaces on Acrobat; enables podcasts, videos from study material

Amid rising competition, Adobe is positioning Student Spaces against tools like Google NotebookLM, GoodNotes, and Turbo AI to make Acrobat into a unified platform for both consuming and creating study material.

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Tuesday, April 7, 2026

Samsung flags eightfold jump in Q1 profit as AI chip demand drives up prices

Samsung estimated an operating profit of 57.2 trillion won ($37.92 billion) for the January ​to March period, compared with an LSEG SmartEstimate of 40.6 trillion won and a more than eight-fold jump from 6.69 trillion won a year earlier.

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Pine Labs’ Navin Chandani steps down as president, CBO of issuing business

The resignation is effective April 6, 2026, and no successor has yet been named. In his resignation letter, Chandani said he is leaving to ‘pursue career opportunities outside the company.' The company has, however, not yet named a successor.

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Monday, April 6, 2026

Platforms brace for impact as gig workforce returns home

According to industry executives, the daily active gig workers on quick commerce platforms are currently running 10-12% below early-2026 levels. The timing is particularly damaging. Typically, quick commerce as well as food delivery platforms see an uptick in demand during this period due to Indian Premier League (IPL) matches.

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Kremlin's drive for a state-backed messaging app touches a nerve for some

In ​what has been cast by diplomats as Russia's "great crackdown", Russia has repeatedly blocked mobile internet and ​granted sweeping powers to cut off mass communications while jamming messaging services and virtual private networks.

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Sunday, April 5, 2026

Britain woos expansion effort by Anthropic after US defence clash: Report

Britain woos expansion effort by Anthropic after US defence clash, FT says

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Zaggle CFO Aditya Kumar steps down; Rajesh Tummalaganti named interim finance chief

Fintech firm Zaggle Prepaid Ocean Services on Friday said its chief financial officer Aditya Kumar has stepped down from his role, effective April 3, 2026. The company has appointed Rajesh Tummalaganti as interim CFO.

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Saturday, April 4, 2026

Elon Musk asks SpaceX IPO banks to buy Grok AI subscriptions, NYT reports

Some banks ​have agreed to spend tens of millions of dollars a ​year on the chatbot and have begun integrating it into their IT systems, the ​report said.

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China moves to regulate digital humans, bans addictive services for children

The draft regulations would ​also ban the use of other people's personal information to create digital humans without ​consent, or using virtual humans to bypass identity verification systems, reflecting Beijing's efforts to maintain control in the face of advances in artificial intelligence.

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Digital lender Kreditbee in unicorn club with $280 million at $1.5 billion valuation

Digital lending firm Kreditbee has raised $280 million, becoming a unicorn with a $1.5 billion valuation. This funding marks their last priv...