Voluntary buyouts offer Big Tech an alternative to layoffs
Experts say buyouts offer a relatively graceful way to reset costs, remove unnecessary layers, and redirect investments
Stay tuned to businessline for more business, financial and stock market news.
Cognizant expands partnership with Travelport
The IT major will work towards embedding AI across the Travelports platforms, products and operations enabling faster innovation, greater efficiency and enhanced traveler experiences
VIT Chennai to host Marketing Conclave 2026 on AI and the future of marketing
The October 30 event will feature panel discussions, fireside chats and networking opportunities covering emerging marketing trends and entrepreneurial challenges
Waaree Energies explores data centre entry as Q2 FY27 profit falls 15%
For the quarter ended September 30, 2026, Waaree Energies reported consolidated net profit attributable to owners of 719 crore, compared with 842 crore in the year-ago period
Apple unveils M6 MacBook Pro and iMac with faster on-device AI performance
The launches come ahead of the companys October 28 event in Los Angeles, which is expected to spotlight new Mac hardware
Sarvam inks 5-yr pact with Defence Ministry for AI projects across armed forces
Under the agreement, Sarvam will design, develop and deploy AI applications catering to operational, training and decision-support requirements of the armed forces, besides providing technical support
BharathCloud opens 2nd Hyderabad office, plans to hire over 500 employees
The facility is also set to house the firms Global Network Operations Centre
The number of wireless mobile subscribers increased from 1,293.43 million at the end of August to 1,300 million at the end of September, registering a monthly growth rate of 0.51%
India needs resilient semiconductor supply chains to move up the value chain
Industry leaders highlighted opportunities in advanced packaging, quantum technology and photonics, while calling for better training to meet semiconductor industry needs
Truecaller launches Lite app for budget android phones ahead of Indias festive season
Truecaller says the lighter app draws on the same database and detection systems as its main application, which identified over 68 billion spam and fraud calls in 2025
Cognizant signs five-year technology transformation deal with EBRD
Cognizant will deliver technology services spanning digital and workplace management, cloud infrastructure, data and security, software engineering, automation and AI
Anthropic points to AI dangers, soaring sales in IPO filing
The listing would be the first by one of the standalone companies leading the race to build advanced AI, ahead of its main rival OpenAI, the ChatGPT-maker
Anthropic's potential mega IPO joins ranks of world's biggest listings
The listing could become one of the largest debuts ever, reshaping benchmarks, investor flows, and the broader US equity narrative
Tunable gate electrodes could help semiconductors operate at lower voltages
Smartphones and computers process information by switching the current that flows inside semiconductors on and off. The gate electrode delivers the signal that controls this switching. Until now, gate electrodes have typically been made from metals whose electronic properties are fixed.
Printed electronics turn mattress protectors into fall-risk monitors
Australian medtech company Sleeptite and RMIT University researchers have secured a U.S. patent for smart bedding technology designed to monitor residents
TRAI finalises authorisation framework for FAST channels
In addition to existing permitted or authorised television channels, a framework has been recommended for simple registration of Internet-native linear television channels
Microsoft offers buyouts to around 60,000 employees: Report
The reported offer comes as the companys workforce plans draw attention, with Microsoft yet to respond to a request for comment.
Apple Debuts $699 Water-Resistant iPad Mini With OLED Screen
The tablet, priced at $699(82,990), features an 8.5-inch OLED, or organic light-emitting diode, screen that delivers deeper blacks, brighter whites and improved contrast.
Q2 Results Today, 26th October 2026 Highlights: Stay tuned to businessline for more Q2 updates
The company restructured the Zee Studios and movie acquisition vertical to accelerate growth
AI drives productivity, but fails to spark broad based growth in IT
AI is becoming increasingly embedded in service delivery, operations, software engineering, and business transformation programs, with providers reporting higher levels of AI-related demand and stronger disclosure of AI business metrics
Q2FY27: North America lagged Europe in revenue growth for Indian IT firms
Along with Europe, the UK, Asia Pacific, and other emerging markets also outperformed North America
Amaravati to host NIELITs Quantum and AI University Campus
NVIDIA to associate with AI Living Labs initiative
INOX India & partners open semiconductor training centre in Vadodara
The initiative aims to address the shortage of specialised technical talent as India builds its semiconductor manufacturing ecosystem
Backdoor attacks on Indian SMB systems jump 52% in H1 2026: Kaspersky
Kaspersky Security Network data showed 4.52 lakh backdoors were detected between January and June, up from 2.97 lakh in H1 2025 and 4.08 lakh in H2 2025
Tata Communications to invest $400-450 million for Indias AI fibre network
The first phase of the programme will focus on the Mumbai-Pune-Hyderabad-Chennai corridor, one of India's most important Al and hyperscale growth routes
AIs impact must be evaluated at a task level, finds IIT Madras report
The study argues that the size of this impacted bundle varies with task structure, sector, regulatory setting, and the economics of AI access itself
Tata Communications to spend $450 million on AI connectivity infrastructure
The project will connect cloud services firms, global capability centres and other organisations such as banks to data-centre clusters
HCLTech, Japan's Rapidus announce partnership for next-generation semiconductor technologies
Indian IT services company HCLTech and Japan's Rapidus Corporation have announced a partnership for next-generation semiconductor technologies, with two dedicated development centres inaugurated in Bengaluru and Hubli to support the Japanese chipmaker's semiconductor engineering requirements. According to a regulatory filing by HCLTech on Monday, the two centres will provide specialised semiconductor engineering capabilities, including mask design, design infrastructure, process design kit development, design technology co-optimization and layout design. The partnership will also focus on building a pipeline of Indian engineering talent to meet Rapidus' evolving workforce requirements in Japan. Building a strong engineering ecosystem is essential as Rapidus advances our mission to establish next-generation semiconductor manufacturing capabilities in Japan, said Atsuyoshi Koike, Representative Director and CEO of Rapidus Corporation. He added, Through this collaboration with HCLTech,...
L&T Technology Services, Nokia announce engineering collaboration
Under the agreement, LTTS will set up an Offshore Development Center in India to support Nokia's engineering and R&D initiatives
The report highlighted a sharp rise in AI adoption among graduates of the Goldman Sachs 10,000 Small Businesses programme
Why did Tinders scam detection fail, and what should Indian users do?
U.S. lawmakers shared troubling statistics about how dating app users on Tinder and Hinge were matching with scammers, due to outdated AI protections
Q2 Results Today, 26th October 2026 Live Updates: Stay tuned to businessline for more Q2 updates
What was leaked in the Censor Board data breach? | Explained
The Hindu reported over the weekend that entire application forms to the censor board by filmmakers, including commercially sensitive distribution agreements, were lying exposed on the Internet Archive
Moonshot resets subscriber quotas afterKimi K3.1 Pro launch issues
Subscribers with usage below 25% received a reset to zero
To make AI morally good, tech companies are turning to religion, in spite of doubts
Tech companies are increasingly turning to religion for guidance on developing ethical AI models
OpenAI resumes frontier AI training after security overhaul, discloses flaw in widely used software
Separately on Thursday, AI safety evaluators METR and Redwood Research said they found several new vulnerabilities in OpenAIs internal system
Anthropic's Claude accessed Georgia state vote count data behind paywall
Claude didnt access the states voter registration system or change or pull any voting records, Anthropic said
AI can uncover hidden software flaws, but raises new security risks
On October 21, PHP released fixes for two critical vulnerabilities that could enable unauthenticated remote code execution (RCE), urging users to update to the latest supported PHP 8 versions
Revenue gains take time to materialise even as Indian IT sees strong bookings
HCLTech reported a total contract value (TCV) of $3.25 billion in new deal wins in Q2, up from $2.4 billion in Q1
Smartphone and earbud makers import more components from Vietnam as domestic prices surge
Electronics imports from Vietnam are set to rise further this year from $5,364.61 million in FY26, industry sources say
Smartphone makers undecided on new PLI scheme amid market slump
The new scheme looks specifically to incentivise and support those Indian mobile phone brands with a minimum turnover of 1,000 crore in FY 2025-26
Musk says he was behind Starlink speed restriction after service in Ukraine restored
The restoration follows a new US diplomatic push to end the war
Netweb Tech Q2 profit surges manifold to 137 cr
Netweb Techs revenue from operations jumps multifold to 1,323.3 crore in Q2 FY27 from 303.7 crore in same period last year
Ramco Systems Q2 profit plunges on higher expenses
Ramco Systems Q2 FY27 net profit drops to $0.05 million, down from $1.47 million a year ago
AI-discovered software flaws could trigger more internet disruptions, experts warn
Cybersecurity experts warn that artificial intelligence is accelerating the discovery and exploitation of software flaws, leaving organisations less time to respond
AI law consultation paper coming soon, says Ashwini Vaishnaw
The government is preparing regulatory and manufacturing initiatives spanning artificial intelligence, mobile phones and semiconductors, with consultations and projects planned.
Apple India revenue crosses 1 lakh crore in FY26, net profit rises 66%
Apple India reported strong financial growth in FY26, with revenue crossing 1 lakh crore and net profit rising sharply, according to Tofler.
Ambient radiation used to power battery-free temperature sensor
Researchers at the University of Arkansas and the University of Michigan have reported the creation of a graphene-based energy harvester that uses ambient radiation to run ultralow-power temperature sensors. This is the second sensor created by the team whose overall goal is development of autonomous sensor systems that draw power from multiple sources in the environment
Infosys large deal wins strengthen despite uneven regional growth
The companys total headcount rose to 3,32,542 from 3,28,062 in the previous quarter, marking a net addition of around 4,000 employees
Indias smartphone market records poorest Q3 in a decade this year
The impact is already visible in the mass market, where OEMs are restructuring portfolios by introducing more 4G and lower-specification models
Infosys cuts FY27 growth guidance to 1-2% amid weak demand environment
Net profit rose 6.2 per cent y-o-y and 0.7 per cent quarter-on-quarter to 7,823 crore.
Apple iPhone Duo goes on sale in India; Delhi buyers queue up at Saket store
The 256GB model is priced at 2,99,900, while the 512GB variant costs 3,24,900
Starlink's rising profitability may trigger aggressive broadband pricing: Bernstein
SpaceX's third-quarter connectivity results exceeds market expectations, with revenue rising 69% y-o-y and EBITDA growing 82%
Microsoft develops AI tool that can diagnose 'sequentially' like a doctor
Microsoft researchers say an AI tool that diagnoses patients step by step, as doctors do, was more than twice as accurate as general physicians
How to stay safe online from AI hacking
The PHP glitches in the underlying code itself could enable attackers to use them to take control of web servers to steal data, distrupt services or move through networks, NSA warns
SpaceX targets 13 GW of AI computing capacity by 2027 as demand surges
Strong demand for leased computing power is prompting SpaceX to expand its infrastructure plans, with UBS projecting substantial investment and revenue potential.
Apple launches into foldable market as iPhone Duo sales begin
Sales of Apple's iPhone Duo began recently, with significant demand leading to delayed delivery dates for customers. Mixed reviews highlight praise for the phone's design but also note shortcomings with its camera and usability. Early adopters in cities like Sydney formed long queues outside Apple stores to purchase the device. The availability of the Duo is limited in several countries, which could disappoint many fans.
Something smells different as scientists send aromas over the internet
One day, you may be able to easily smell what you are looking at when browsing online. Sending smells over the internet has long been a dream, and while it may seem far-fetched, researchers have now taken a major step toward making it a reality.
PHP vulnerabilities explained: How two security flaws could expose millions of websites
Cybersecurity officials have urged organisations to take vulnerable websites offline as developers prepare patches for two critical flaws in PHP
PHP flaws spark global alarm, Indian firms scramble to patch systems
Govt talking to industry association to assess impact, says top official
CoinDCX confirms functioning of rogue wallets, siphoning user funds worth $16 million
On Thursday, an X user of the name DracyAri flagged that CoinDCX was suspected of having approximately $15.99 million and 5,783.81 TRX stolen
eMudhra issue: Government looking at domestic alternatives
Special team probes compromised keys as eMudhra exits global SSL/TLS certificate business
Tiny holes in silicon modulator create
AI data centers need to move lots of information quickly, and the demand for faster data transmission is only growing. Over very short distances, data centers can use traditional copper wires to connect chips right next to one another. But over distances longer than 1 m (3.3 feet), the connection requires fiber optic cables.
A crack in the code: PHP flaws raise cyber risks for Indian firms
Experts urge businesses to patch vulnerable systems amid rising risks of cyberattacks
eMudhra exits the global certificate business to focus on Core Enterprise Solutions
The company will assist affected customers to replace any certificate free of cost from partners through the transition
haf.vc invests 3 crore in Hunar.AI
The startup will use the funds for AI infrastructure, product development, sales and market expansion
Trust, Token and Trouble: eMudhra under scrutiny
Government probe follows sharp stock decline, eroding nearly 1,000 crore in market value
A critical flaw affecting 70% of all websites has the cybersecurity world panicked
Details have been published of a critical flaw in the programming language PHP, which is the backbone of more than 70% of all websites. Left unfixed, the flaw would allow hackers to easily take over and compromise millions of websites and the information held on their servers. In response, multiple European governments and operators including the Port of Rotterdam have taken websites offline.
Sony India FY26 profit rises 19% to 187 cr; revenue marginally up at 7,918 cr
Sony India, a wholly-owned subsidiary of Japanese technology major Sony Corporation, had reported a profit of 157.03 crore and revenue from operations of 7,851.08 crore in FY25
Srinivasan termed it a one-time-one-client incident, adding that the weak keys were missed despite maker-checkers in place
Websites down: What is PHP and how has it raised AI hacking fears?
Artificial intelligence has found critical security flaws in a major programming language called PHP, with many websites taken offline Thursday as organizations worldwide scramble to fend off would-be hackers.
Companies need to work on basic cyber controls before adopting AI, say IIT-M experts
In the corporate world specially, I would say basic cyber hygiene is missing, V Kamakoti, said, suggesting a need to build basic competence as first step
Chinas DeepSeek raises $15 billion to challenge top US AI labs
The firm boosted its financing target at least twice as it talked with investors, from 50 billion yuan to 80 billion yuan before reaching the final tally, according to people familiar with the matter
South Korea raises cybersecurity alert over critical PHP security flaw
The move signals heightened concern over potential cyberattacks as authorities step up measures to address the vulnerability, Yonhap News Agency reported.
Fusion CX shares list at 5.5% premium over IPO price on NSE
The stock debuted at 292, marking a 1.04% premium on the BSE, while it opened at 305 apiece, up by 5.54% on the NSE
PHP security flaws trigger millions of exploit attempts, says Cloudflare CEO
The rapid surge in attempted exploits has prompted governments, financial institutions and website operators to strengthen security measures and apply urgent fixes
Centre notifies telecom regulatory sandbox rules 2026 to test new technologies
Under the new rules, applicants must submit their applications through the designated government portal, along with reports of previous testing conducted in laboratories or controlled networks
Europe takes government websites offline over critical PHP security vulnerabilities
The vulnerabilities could expose online services to data theft, malware and breaches, prompting urgent action from governments and cybersecurity companies
OpenAI partners with Google Cloud to offer AI models, codex workflows
Sam Altman-led OpenAI has partnered with Google Cloud to make its advanced AI models and Codex agentic workflows available through Google Cloud's Model Garden, according to a statement by the ChatGPT maker. The partnership will allow enterprises to develop and deploy AI-powered workflows using Google Cloud's infrastructure and data governance capabilities.
eBay to slash 1,000 more jobs, around 9% of workforce
eBay had 12,300 employees at the end of 2025, before announcing a first round of layoffs in February
Cognizant acquires DyFlex Solutions
The transaction is expected to close in the first quarter of 2027, subject to required regulatory approvals and the satisfaction of other customary closing conditions
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
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
Comcast plans significant job cuts ahead of NBCUniversal spin-off
The media and telecom company is reshaping its operations amid subscriber losses, growing competition and efforts to strengthen its independent business
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.
