Jio Platforms IPO Day 2 Live Updates: Check GMP, subscription status, price band and issue details
Jio Platforms IPO Day 2 live updates: Jio Platforms 30,213-crore initial public offering (IPO) opens for subscription on October 21 and closes on October 23. Follow live updates on the IPOs subscription status, grey market premium (GMP), issue details and analyst recommendations.
Jio Platforms IPO GMP Day 1 Highlights:: Jio Platforms IPO Jio Platforms 30,213-crore IPO opens for subscription on October 21 and closes on October 23.
Meta Q3 revenue rises 26% to $64.6 billion, net income jumps 264%
Net income increased from $2.71 billion, while diluted earnings per share climbed to $3.83 from $1.05
MeitY says eMudhra security incident had limited impact on Indian websites, probe underway
The ministry clarified that the reported incident relates only to the second function, which operates internationally under a global trust framework and is subject to independent audits
Meta sued in Australian class action over alleged social media harm to children
The class-action suit has been filed on behalf of eight plaintiffs, who allege they were harmed by Meta while they were under the age of 18, and are seeking compensation
Vultr expands Chennai AI Supercluster with AMD Instinct GPUs
Vultr launches a 20 MW Chennai AI supercluster, 288GB HBM3E AMD Instinct GPUs, expanding in-country compute for AI workloads
Meta ordered to pay $25 billion in New Mexico privacy lawsuit
The judgment follows years of litigation over consumer protection claims and adds to mounting legal challenges facing the technology company.
eBay to cut 9% of workforce, eliminating around 1,000 jobs
The online marketplace is refocusing its business on high-growth segments, including luxury goods, collectibles and refurbished products, amid ongoing restructuring
Gartner flags AI governance, digital sovereignty among key technology trends for 2027
Trends include large quantitative models, speech reasoning models, AI agent identity and sovereign tech to address architectural and risk challenges
Magnetic field tests predict blue OLED lifetimes from tiny brightness changes
Could a magnetic field be used to identify in advance which OLEDs will keep smartphone and TV screens bright the longest? A KAIST research team has developed a technique that predicts OLED lifetime by analyzing small changes in brightness caused by a magnetic field. The technique reduces the need for long operating tests and is expected to support the development of longer-lasting displays.
Persona targets December shipments of AI wearable
The Persona Band is designed to bring a voice-enabled personal assistant into everyday activities without requiring users to interact with a screen
Karmayogi Bharat, OpenAI ink pact to drive future-ready civil service
Karmayogi Bharat operates and manages the iGOT Karmayogi platform, ensuring anytime, anywhere, any-device learning for civil service officials to enhance their competency
Google rolls out new Gemini tools to help small businesses manage marketing, finances
The new features will allow business owners to connect Gemini with Google services such as Google Business Profile, Google Ads and Google Workspace, as well as third-party applications
Apple announces October 28 Pro and tell event for touch-screen MacBook Pro
Apple will host an event in Los Angeles dubbed Pro and tell, teasing a MacBook Pro refresh. The company is also set to unveil a lower-end MacBook Pro with an M6 chip, a refreshed iMac and a revamped iPad mini with a sharper display
New AI shopping agents promise better bargains. But who pays price?
As AI shopping agents hunt for the best prices, the hidden cost could be workers wages and safety in global supply chainsunless ethics and transparency keep pace with technology.
Meta's global affairs officer Joel Kaplan to leave company after 15 years
Meta chief global affairs officer Joel Kaplan will leave the company next year after 15 years
eMudhra flags weak keys in eight certificate authorities, rules out data breach
A flaw during a key generation event led to weak keys being published to browser root stores, prompting the company to work with affected customers and browser root programmes on replacement certificates.
Vodafone Idea to announce voice-only plans by October-end
Experts have stressed that the mandate is likely to benefit 2G users and feature phone users in India, in turn impactingARPUs and revenues of companies like Vi and BSNL with a larger subscribership in this cohort
Anthropic logged net loss of over $80 billion in first half of 2026: Report
Reuters reported first in September that Anthropic posted a net loss of $42 billion in 2025
Netflix reports largest ever subscriber net adds in India in Q3
View hours in India grew 24% annually, while view hours per member grew low-to-mid single digits in Q2; revenue for the country also increased18% y-o-y on a foreign exchange, content slate basis
OpenAI acquires Orchestra Bio, expands life sciences push
The acquisition will integrate Orchestra Bios drug development coordination platform with OpenAIs Rosalind suite, aiming to help scientists manage complex workflows and accelerate the development of new medicines.
Anthropic's confidential IPO filing reveals $80.7 billion H1 loss, massive computing costs
The loss largely reflected accounting adjustments related to financing agreements, including $72 billion in charges linked to changes in the value of convertible notes and other financial instruments
Elon Musk says he backs SpaceX-Tesla merger as rocket firm turns profit
Elon Musks remarks came after SpaceX posted net income of $4.4 billion for the July-September period, compared with a loss of $1.1 billion a year earlier
OpenAI says its AI agents weakened internal monitoring system
The disclosure highlights even the systems developers rely on to catch AI misbehavior are vulnerable to the agents they monitor
Single transistor design combines memory and signal processing for brain-inspired computing
As artificial intelligence moves increasingly toward edge devices, researchers are exploring electronic components that can combine memory and information processing. Memristive and synaptic devices are of particular interest because their electrical conductance can retain information about previous inputs, providing a physical basis for brain-inspired computing.
Indian companies struggle to staff cybersecurity teams even as AI agents go rogue
Fewer than a third of monthly cybersecurity openings are filled, even as companies step up hiring amid rising AI-driven risks
Voice-only plans may hit Vi, BSNL ARPU and revenue harder than larger players
Larger 2G subscriber bases could drive sharper ARPU changes, but experts expect limited revenue dilution
We want to be a global technology provider, moving beyond equipment vendor role: Akash Ambani
Ambani outlines Jios growth strategy post-IPO and its plans across the telecom and satcom space
CloudPhotonix targets revenue of 100 crore by FY28
The Indian photonics market is expected to grow fourfold to around $10 billion by 2031
Qualcomm to cut jobs worldwide in performance-focused layoffs
The cuts are part of an effort to build a stronger performance culture and address situations where the company has consistently fallen short of expectations, CEO Cristiano Amon said.
Cognizant expands partnership with Google Cloud for new Gemini frontier workforce
Gemini Frontier Capability Group brings together a dedicated global workforce that pairs Googles AI platform with Cognizants domain, industry and engineering expertise as an AI Builder
Netflix faces mounting challenges in keeping users engaged
Layoffs and leadership changes have not yielded the levels of user engagement and growth that the streaming giant was seeking
EXCLUSIVE-ByteDance, Alibaba, Tencent place over $35 billion worth of Nvidia chip orders
ByteDance, Alibaba and Tencent have ordered more than 3 million of
Cognizant, Google Cloud expand partnership to drive agentic AI adoption
Cognizant is also applying Gemini internally, at scale
AstraZeneca partners with Oracle for AI-driven clinical trials
AstraZeneca and Oracle launch AI-powered real-world data trials in Abu Dhabi, accelerating recruitment and safety monitoring across multiple diseases
After US DeepSeek order, China says it will protect firms
China said on Tuesday it will resolutely safeguard the legitimate rights and interests of its firms after the US Homeland Security Department instructed US civilian agencies to remove DeepSeek products and third-party services using the Chinese AI model from their IT sy
Microsoft warns AI agents could pose internal security risks without hacker attacks
As businesses deploy autonomous systems to automate operations, Microsoft says organisations must rethink security to address risks posed by AI agents.
When LLMs are trained on frivolous online content, they can get brain rot like humans do
As humans and AI models roam the internet, they encounter lots of junk: clickbait headlines, misinformation, hashtags. Research by Dr. Zhengzhong Tu and his colleagues indicates that this junk-filled environment could be a cause for concern.
Centre asks Meta to ensure its algorithm does expose users to a limited set of narratives
IT Ministry sources said the ministry had reports from agencies that Meta platforms were not promoting all narratives equally, with their algorithms appearing to favour one kind of content over others
Anthropic commits 5% of its stock to new 'public benefit' fund ahead of IPO
Anthropic said it is committing 5 per cent of its shares to a new public benefit fund, with the fund's worth potentially increasing as its shares grow in value. The shares will go to the Anthropic Public Benefit Fund, a new entity within the company, it said on Sunday. The fund will have increased flexibility and scale, enabling us to pursue our mission in new ways: for example, we might explore large donations to traditional nonprofits or direct distributions to specific populations, Anthropic said in a blog post. It gave labour market impacts as an example, saying that while it has already committed USD 200 million to study the effects of artificial intelligence, given the pace of AI progress, bolder approaches may be needed. CEO Dario Amodei and the company's five other co-founders established Anthropic as a public benefit corporation, a designation that for-profit companies select to balance financial goals and social impact. They have also pledged that they will donate 8
Infosys Q2 revenue growth likely to remain modest; analysts see guidance cut
According to a poll of brokerages, revenue for Q2FY27 is expected to range between 49,090 crore and 49,323 crore
HCL Technologies, Tech Mahindra overtake TCS in net adds
On one hand companies say AI will do entry level work and they will hire experienced forward deployed engineers but still focus on entry-level hirings to manage spends
Bharti Airtel launches voice-only prepaid plans starting at 185 after TRAI's mandate
The launch follows TRAIs direction that operators expand their voice-and-SMS-only options with a corresponding reduction in tariffs
RCom Resolution Professional files curative petition against SCs spectrum insolvency ruling
The petition seeks to challenge a February 13 ruling by a bench of the SC, which held that spectrum allocated to telecom operators, cannot be subjected to IBC proceedings
AdaniConneX to use air cooling at Vizag data centres to reduce freshwater use
The facilities will have dedicated industrial water connections.
Can social media bans protect young peoples mental health? Research suggests bans arent the answer
Australia was one of the first with a ban on kids under 16 on social media starting in December 2025, followed soon after by the UK with a similar prohibition
OpenAI poaches another SpaceX sales lead focused on AI
Seamans is the latest sales executive who OpenAI has hired from SpaceXs AI units
Anthropic quietly pitches its own AI safety bill to lawmakers, Politico reports
Anticipating frontier AI risks, Anthropic pitches a draft US bill empowering halts, independent testing, and judicial suspension to curb imminent damage
Apple says iPhone Duo demand extraordinary after delivery delays
Many customers who opened Apples online store Friday morning saw shipping delays pushed from November to December, then to the end of January
Fired researchers accuse OpenAI of 'chilling' safety efforts
I believe we were fired for prioritizing safety over the near-term interests of OpenAI as a corporation, one of the fired staffers, Mikita Balesni, wrote on X
Anthropic offers Blackstone double-digit yield in chip-financing deal, FT reports
Anthropic is offering Blackstone a yield of more than 10% to finance its latest chip deal, the Financial Times reported on Friday. Blackstone funds would invest $9 billion in the debt backed by Anthropic's five-year lease payments on the chips, the report said,
Why CoreWeave is in the crosshairs of the AI scare
Rising borrowing costs, heavy infrastructure spending and delays to data centre projects are testing investor confidence in debt-funded AI businesses
Starlink says it is ready to offer high-speed internet in India, cites government approvals
Starlink, Reliance and Bharti Airtels OneWeb are at the centre of a growing dispute over competition and regulatory approvals in Indias satellite internet market
ChatGPT usage doubles in India over past year; OpenAI expands Hindi voice capabilities
OpenAI is rolling out GPT-Live-1.1, an upgrade to its voice technology, with improved pronunciation, better handling of multilingual and mixed-language speech,
Entry buyers use festive discount to buy mid-range phone
Mid and Premium together account for 93% of expected festive demand, leaving 7% for everything above 50,000 and below 12,000
Know your AI agents first, experts tell organisations
CERT-In flags Agent intrusions; says old vulnerabilities exploited
The new scheme also extends incentives to semiconductor equipment, materials, chemicals, gases, testing and R&D infrastructure, in addition to setting up fabs, OSAT and packaging units
The incidents came to light following an internal review by the AI model provider
Traditional IT growth to taper as AI takes centre stage: TCS CEO
AI revenue crosses $3 billion as TCS bets on new services to sustain growth
Meta releases open-weight Muse Spark model for coding, agentic tasks
816-billion-parameter model expands developer access as company continues push for open AI systems
Amazon launches two new portable AI listening devices
The devices record information throughout the day to offer calendar reminders and other AI-driven insights under the Bee brand it acquired last year
Wipro stock up 4% after Q2 revenue beat offsets concerns over weak deal wins
The stock was trading at 180.76, its highest since September 1, and was set for its fourth straight session of gains.
Meta releases weights for Muse Spark Open
Meta described its Muse Spark Open as the most capable US open-weight model to date
Investors temper Anthropic IPO valuation expectations over revenue growth slowdown, sources say
Anthropic told potential IPO investors that Q3 revenue rose 45% to $16.8B from Q2 and that it was adjusted-profit profitable for the quarter
Explainer: Why CoreWeave's troubles are rattling the AI boom
Q2 Results Today, 16th October 2026 Live Updates: Stay tuned to get real-time market, business and financial news updates
Reliance says it welcomes satellite competition, including Musk's Starlink
Reliance Industries welcomed satellite broadband competition, including Starlink, in India, signaling a clearer stance amid Musks push to operate there
DoT readies Cabinet note on Satcom spectrum charges; approval may come in coming days
Domestic companies would be encouraged to participate in the sector rather than India depending solely on foreign players
Elon Musk accuses Ambani supporters of hypocrisy over Starlinks India entry
The dispute highlights growing tensions over satellite broadband competition, consumer choice and the regulatory framework governing services in the Indian market
To Vances foreign indentured servants jibe, MEA retorts by pointing out that the history of the US itself has been shaped by generations of immigrants
CERT-In flags rogue AI agents accessing Indian organisations live systems
AI firms disclose the intrusions to India; the root weaknesses are conventional credentials and keys exposed in source code
Starlink being blocked by certain oligarchs in India, a crime against people: Elon Musk
Company says it has built the ground infrastructure but crucial last mile to connect users remains uncovered
A flash of light opens a new route to efficient, lightweight semiconductors
Researchers have developed two new organic semiconductor materials using a light-driven chemical reaction. The paper is published in Chemistry
Looking at the industry at large, Banerjee stressed focus on IP building and talent discovery as clear priorities across television, digital, gaming, animation
Tech Mahindra reports consolidated net profit of 1,586 crore in Q2 FY27
Revenue rose to 16,180 crore from 13,995 crore in the year-ago quarter, while constant currency growth stood at 7.2%, indicating underlying business growth after excluding the impact of exchange-rate fluctuations
Elon Musk to rename SpaceX AI arm SpaceXSI after Trump order replacing AI with SI
The move follows Trump's executive order titled Inaugurating the Era of Super Intelligence, which directs departments and agencies across the US executive branch to use the terms Super Intelligence and SI in official correspondence
Wipro Q2 profit falls 4.7% sequentially; large-deal bookings plunge 59%
The IT services majors outlook for the December quarter remains subdued, with revenue expected to decline by up to 1.5% or grow by a maximum of 0.5 per cent in constant currency (cc) terms
AI-driven recruitment goes mainstream, expands into non-tech roles
Manufacturing, retail, e-commerce and financial services are now being influenced by AI, especially for high-volume repetitive roles
Tamil Nadu launches semiconductor scheme with customised incentives for investors
The initiative will support eligible semiconductor projects through additional incentives or customised assistance, while strengthening supply chains and creating high-value jobs
What might turning off the algorithm look like? Chinese social media provides some hints
The Albanese government has introduced its digital duty of care legislation to parliament today. The bill includes an
Shamrock AI raises $5 million in seed funding led by Endiya Partners
The Shillong-headquartered company serves Fortune 500 customers and is developing tools to help AI agents operate reliably across critical business processes.
Kozhikode set to emerge as Keralams next major IT destination
Keralam Chief Minister V D Satheesan lays foundation stone for 600-crore HiLITE Cyber Tower at Cyberpark, Kozhikode
Tech Mahindra Q2 results: Net profit jumps 32.7% to 1,586 crore, revenue rises 15.6%
The Pune-based IT services company reported stronger quarterly earnings and sustained deal momentum, with contract wins exceeding $1 billion for four consecutive quarters.
Jio expects industry-wide additions of 340 million 4G and 5G customers between FY26 and FY31, creating opportunities for higher average revenue per user (ARPU), a key measure of telecom operators' revenue-generating capacity.
OpenAI safety employee quits, calls for nuclear-level safeguards
David Robinson, formerly leading OpenAIs safety transparency efforts, wrote in The Atlantic that ChatGPT maker has thrived by trial and error
CapitaLand India Trust unveils its first data centre in Chennai
The data centre has a total planned investment of approximately 1,940 crore.
Tata Communications posts 86% jump in Q2 profit, shares surge 6.8% on record EBITDA
Consolidated revenue from operations grew 9.6% year-on-year to 6,687.89 crore, with data revenue rising 12.2% to 5,810.99 crore
Wipro Q2 revenue grows 9.1% as European client spending revives, AI unlocks new revenue
The IT major exceeded market expectations in the July-September quarter, supported by improving European client spending and emerging artificial intelligence opportunities.
RRP Electronics inaugurates AWLP facility
With the addition of advanced wafer-level packaging, the company says it is now expanding its portfolio to address increasingly complex semiconductor and electronics applications
