India’s telecom regulator has stepped up its efforts to strengthen consumer protection and accountability in the sector, issuing stricter rules for handling customer complaints and proposing a framework to regulate the use of artificial intelligence (AI) in telecom networks and services. The developments, announced within…
Category: Tech
Pimco CEO warns AI financing is on path to become ‘too much’ – CNBC TV18
Artificial intelligence-related financing could grow to about $10 trillion over the next five years, eventually reaching excessive levels, said Emmanuel Roman, chief executive officer of Pacific Investment Management Co. Roman estimated that about $2 trillion of financing needs could be created annually over the next…
Apple posts all-time revenue record in India as global sales rise 12% to $114.5 billion – CNBC TV18
Apple set an all-time revenue record in India, chief executive John Ternus said on the company’s earnings call, the first since he took over on 1 September. He said India also had a record September quarter for iPhone upgraders. He added that Apple recently launched…
From Sweden to Belgium, hackers target supermarket freezers across Europe – CNBC TV18
A hacking attack on European supermarkets spread across the continent on Monday, hitting fridges and freezers from Sweden to Belgium and forcing stores to throw away food in an incident that echoed a similar attack in France last month. The attack, which raised temperatures in…
Meta eyes at least $20 billion from bond sale to fund AI infrastructure expansion – CNBC TV18
Meta is eyeing at least $20 billion from a potential cross-border bond offering, Bloomberg News reported on Monday, the latest move by a tech giant to tap debt markets to raise funds for its costly AI infrastructure build-out. The report comes about a week after…
Anthropic posts $33 billion revenue in nine months, but losses cross $104 billion – CNBC TV18
Anthropic’s revenue surged roughly 1,200% year-on-year to $33.24 billion in the first nine months of 2026, underscoring the rapid commercial adoption of its artificial intelligence (AI) products as the Claude maker moves closer to its much-anticipated initial public offering (IPO). The company disclosed the January-September…
Oracle taps investors for $20 billion to finance AI expansion – CNBC TV18
Oracle plans to raise $20 billion through bond and share sales, regulatory filings showed on Monday, as the software giant taps investors to fund its costly AI and cloud infrastructure build-out. Shares of the company fell nearly 5%, extending a roughly 33% decline this year…
Google Pay users may soon be able to discover fashion and try clothes virtually – CNBC TV18
Google Pay has begun piloting a personalised fashion and lifestyle shopping experience in India, allowing select users to discover clothing, explore outfit ideas and find products through visual search within the app. The new experience is being rolled out to a limited number of users…
October dive for AI-related shares tests broader US stock market’s resilience – CNBC TV18
A steep decline in the prices of US AI and technology stocks is testing investors’ enthusiasm to shift into other equity areas, a rotation that has propped up broader indexes in recent weeks. Disappointing results from Alphabet, Amazon and Intel dealt the latest blow to…
Deepinder Goyal’s ₹85,000 Temple website crashes minutes after pre-orders begin – CNBC TV18
The official website of the ₹85,000 Temple wearable, backed by Deepinder Goyal, ran into an unexpected problem shortly after pre-orders opened in India. It reportedly crashed as prospective buyers rushed to check out and book the latest offering from the Zomato founder. The pre-order window…