Mid-market GCCs likely to add 40,000 jobs by 2026 end

India's mid-market global capability centres are set for growth. These centres will likely create 40,000 new jobs by 2026. Over 120 new centres are expected to emerge. Key sectors driving this growth include software and finance. Bengaluru and Hyderabad will be major hiring hubs. AI, cybersecurity, and data analytics skills are in high demand.

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

From Reels to Retail: India’s influencers turning as next startup founders

Indian social media influencers are transitioning from content creation to entrepreneurship, launching brands in beauty, fashion, and more. Leveraging their strong audience connections, they compete with established celebrities, focusing on niche communities. This evolution unlocks new value beyond influencer marketing, driven by India's vast digital population and creator ecosystem, with firms supporting their business ventures.

from Tech-Economic Times https://ift.tt/j5CiwA8

What's in latest version of Trump's big bill now before Senate

Now it's up to Congress to decide whether President Donald Trump's signature's domestic policy package will become law. Trump told Republicans, who hold majority power in the House and Senate, to skip their holiday vacations and deliver the bill by July 4.

from Tech-Economic Times https://ift.tt/ieRtY6u

AI is learning to lie, scheme, and threaten its creators

The world's most advanced AI models are exhibiting troubling new behaviors - lying, scheming, and even threatening their creators to achieve their goals. Users report that models are "lying to them and making up evidence," according to Apollo Research's co-founder.

from Tech-Economic Times https://ift.tt/4AbSDE8

Karnataka’s fake news bill: Rs 10 lakh fine, 7-year jail for disrespecting sanatan symbols, promoting superstition

The draft bill includes setting up a state fake news regulatory authority tasked with a broad mandate to monitor and regulate the content disseminated on social media platforms. Defending the move, state IT-BT minister Priyank Kharge said the Congress government is not trying to change any policy but only making an effort to connect the dots that already exist and make a bill out of it.

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

Tesla hires former Cruise executive as AI director: Report

His appointment comes at a time when Tesla has seen a series of high-profile departures in the past year, including the resignation of two senior executives on Thursday.

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

In pursuit of godlike technology, Mark Zuckerberg amps up the AI race

In April, Meta’s AI ambitions faltered as its new model underperformed rivals, prompting CEO Mark Zuckerberg to overhaul strategy. He demoted leaders, invested $14.3 billion in Scale AI, aggressively recruited top talent—some with $100M offers—and expanded Meta’s AI team, aiming to reassert Meta’s place in the superintelligence race.

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

Shadowfax to file IPO papers under confidential route

The hyperlocal logistics startups could be valued at around Rs 5,500-6,000 crore, depending on the market conditions at the time of the listing, a person in the know said. The company has increasingly focused on the fast-growing quick commerce sector over the last year by providing rapid delivery to brands and marketplaces without their own logistics.

from Tech-Economic Times https://ift.tt/dHQCA0F

Microsoft is killing Windows' Blue Screen of Death

After four decades, Microsoft is replacing the infamous Blue Screen of Death (BSOD) with a Black Screen of Death. The updated design aims for clarity, removing the sad face emoji and QR code, and prioritizing essential error information. This change is part of Microsoft's broader initiative to enhance Windows' resilience, following incidents that caused widespread BSOD errors.

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

PayU expects 5% profitability margin in near term as new revenue lines kick in

The digital payments major had reported a 2% operating loss in the financial year 2025. According to CEO Anirban Mukherjee, once the company starts generating revenue from UPI, its earnings will get a boost. Currently, the government does not allow revenue generation on UPI payments, as its priority is the adoption of digital payments by small merchants.

from Tech-Economic Times https://ift.tt/DQ5RfGu

Microsoft sued by authors over use of books in AI training

A group of authors sued Microsoft, alleging it used nearly 200,000 pirated books to train its Megatron AI without permission. Filed in New York, the lawsuit seeks damages and a ban on further use. It's part of broader legal challenges facing AI firms over unauthorised training data use.

from Tech-Economic Times https://ift.tt/cxAY3HG