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China has barred two co-founders of Manus AI startup from leaving the company amid an ongoing probe into its $2 billion acquisition by Meta, reported Financial Times. The move comes as authorities review whether the deal violated foreign direct investment rules and national security rules. As per the report, the founders – Xiao Hong and…
FILE picture (AP Photo/Jeff Chiu, File) Mark Zuckerberg‘s Meta Platforms has hired the founders and core team behind Dreamer, an artificial intelligence startup launched earlier this year to simplify the creation of personalized AI agents. The move is said to signal a high-profile homecoming for co-founder Hugo Barra, a former Meta executive and Google veteran,…
BENGALURU: For every Rs 100 raised by founders from India’s startup networks, only about Rs 4 goes to women, according to a new report by Kalaari Capital’s CXXO initiative, which argues that the funding gap reflects a structural market inefficiency rather than a shortage of women entrepreneurs.The Rs 100 figure represents aggregate funding across a…
Dario Amodei, founder, Anthropic Hundreds of employees working in technology companies across America have signed an open letter requesting the Department of War (DoW) and Congress to withdraw its designation of Anthropic as a “supply chain risk.” Late last week, Anthropic and the Defense Department failed to reach agreement on a long-term deal for the…
Senator Bernie Sanders has called for stronger public support for a proposed California tax on billionaires, arguing that the wealthiest Americans should contribute more as millions struggle with rising living costs. Speaking at a rally in Los Angeles, Sanders criticised tech billionaires, corporate power, and income inequality while backing a proposal that has already prompted…
Türkiye’s Getir Demands $700M From Abu Dhabi Investor Mubadala in Bitter Breakup In a major escalation of the ongoing dispute between a once-high-flying delivery start-up and its largest investor, the co-founders of Turkish food and grocery delivery startup Getir, Nazım Salur and Serkan Borançılı, have filed a $700 million lawsuit against Abu Dhabi’s Mubadala Investment…
The government has expanded the criteria for recognising entities as startups by doubling the turnover threshold to Rs 200 crore, while also introducing a new recognition category for ‘Deep Tech Startups’, aimed at supporting high-technology and research-driven enterprises.The move is part of broader efforts to align policy support with the evolving nature of India’s startup…
NEW DELHI: : The Delhi high court quashed on Monday the 2016 income-tax notices to NDTV founders Prannoy Roy and Radhika Roy and asked the department to pay Rs 1 lakh to each of them as costs for harassment.A bench of Justices Dinesh Mehta and Vinod Kumar observed that authorities subjecting Prannoy Roy and Radhika…
Jeff Bezos often points out that long-term success comes from staying committed to an idea while remaining open to changing the approach. It’s almost official that Google founders Larry Page and Sergey Brin have cut ties with California. The two Google Guys have reportedly said Bye to California; joining the billionaires who have left the…
Artificial intelligence is rewriting the script on how we work and build wealth, but the story reads very differently depending on who you are. For most young professionals just starting out, the rise of AI brings a distinct sense of unease. There is a real fear that entry-level jobs, the traditional stepping stones of a…
