Sunday, April 5, 2026

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.

from Tech-Economic Times https://ift.tt/kB5zlda

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.

from Tech-Economic Times https://ift.tt/HMgGhRU

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.

from Tech-Economic Times https://ift.tt/UdqjTOo

Karnataka: Pralhad Joshi fears taxes on EVs will derail India’s emission targets

Union Minister Pralhad Joshi criticized Karnataka's decision to withdraw road tax exemptions for electric vehicles, warning it could increase India's crude import bill and hinder climate goals. He argued the move, aimed at raising Rs 250 crore, is fiscally shortsighted and contradicts global clean mobility incentives.

from Tech-Economic Times https://ift.tt/Ap7ayU5

Friday, April 3, 2026

Trump administration appeals ruling that blocked Pentagon action against Anthropic over AI dispute

Department of Justice attorneys filed a notice in San Francisco federal court on Thursday of their intention to appeal last week's ruling by US District Judge Rita Lin. Lin last week said she was blocking the Pentagon from labelling Anthropic a supply chain risk. She also said she was blocking enforcement of President Donald Trump's social media directive ordering all federal agencies to stop using Anthropic and its chatbot Claude.

from Tech-Economic Times https://ift.tt/i6tWy8u

Thursday, April 2, 2026

SpaceX files initial paperwork to sell shares to the public and likely make Musk a trillionaire

A SpaceX IPO promises to be one of the biggest Wall Street events of the year, with several investment banks lining up to help raise tens of billions to fund Musk's ambitions to set up a base on the moon, put datacenters the size of several football fields in orbit and possibly one day send a man to Mars.

from Tech-Economic Times https://ift.tt/EjNoXLh

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.

from Tech-Economic Times https://ift.tt/y754RV8

Wednesday, April 1, 2026

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.

from Tech-Economic Times https://ift.tt/5dAbYQ4

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.

from Tech-Economic Times https://ift.tt/0nsVlqB

Tuesday, March 31, 2026

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.

from Tech-Economic Times https://ift.tt/hDkaSZ1

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.

from Tech-Economic Times https://ift.tt/6pIrfDu

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...