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Cryptocurrency exchange Coinbase Global on Thursday recorded a second consecutive quarter of losses, as crypto-driven market volatility sapped the company’s trading volumes during a period of broad digital-asset sell-off. Shares of the company, which posted a surprise quarterly loss, were down about 5% in extended trading. They have lost nearly 15% of their value so … Read more
The Maharashtra government has rolled out its ‘State AI Policy-2026’, offering a roadmap to increase the use of artificial intelligence across industries and public services. The policy was cleared during a Cabinet meeting and includes plans for a dedicated State AI Mission to oversee implementation across sectors. The groundwork for the policy had begun in … Read more
From smartphones to tablets, smartwatches and portable speakers, several major tech launches were announced this week across categories. The lineup focuses on AI features, camera upgrades, high-refresh-rate displays and bigger batteries, with brands targeting both premium and mid-range users. So, without any further ado, let’s dive into all about the products launched this week. OnePlus … Read more
The International Monetary Fund (IMF) has warned that the rapid growth of artificial intelligence could increase cyber threats and create risks for the global financial system if cyber attackers become more advanced than existing defenses. “IMF analysis suggests that extreme cyber incident losses could trigger funding strains, raise solvency concerns, and disrupt broader markets,” the … Read more
Jürgen Westermeier, MD and President of Airbus India and South Asia, told CNBC-TV18 that aerospace companies are looking to expand their manufacturing footprint globally, including in India, as part of ongoing supply chain diversification efforts. Stating that the aerospace sector traditionally benefits from a like-for-like tariff framework under free trade agreements, Westermeier said he expects … Read more
At the NASSCOM GCC event, Telangana IT Minister D. Sridhar Babu said the state aims to become India’s AI capital after adding 70 GCCs in the past year and targeting 100 more this year. The comments came amid global developments in AI earnings, infrastructure and cybersecurity, including workforce cuts at Cloudflare, Nvidia’s manufacturing partnership with … Read more
Taiwan Semiconductor Manufacturing Co. posted its slowest pace of monthly revenue expansion since October, highlighting the potential challenges of sustaining a torrid AI-fuelled pace of growth. Sales in April rose 17.5% to NT$410.7 billion ($13.1 billion), their smallest rise in about six months. While the rise reflects just 30 days of business and its revenue … Read more
Cloudflare said on Thursday it would cut about 20% of its workforce as the company restructures operations around the rapid adoption of artificial intelligence tools and forecast second-quarter revenue slightly below Wall Street expectations. The internet infrastructure and cybersecurity company plans to cut more than 1,100 jobs globally. It had 5,156 full-time employees at the … Read more
Former Army chief General VP Malik said future wars are likely to see a much greater role for drones and advanced technologies, as military conflicts become faster, more intense and increasingly unpredictable. Speaking to CNBC-TV18 on completion of one year of Operation Sindoor, Malik said recent conflicts across the world, including the Iran confrontation and … Read more
“Trust is built in drops and lost in buckets.” This old adage has never been more relevant than in India’s rapidly expanding digital financial ecosystem. As India leads global digital asset adoption, with participation spreading from metros to tier-3 towns, we face a critical question: can trust infrastructure scale as fast as adoption? This moment … Read more
