Activision shareholders reach $250 million settlement over Microsoft buyout

Shareholders of Activision Blizzard reached ‌a $250 ⁠million settlement ⁠over ​allegations that Microsoft and ​former executives of the ​maker ⁠of the "Call ‌of ​Duty" ​video ⁠game shortchanged them when the ​software giant acquired ​it in 2023 for $75.4 billion, according ‌to a late Thursday ​court ​filing ⁠in a Delaware state court.

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MNCs turning flex spaces as main hubs as GCC story deepens

Global capability centres are transforming India's office space market, shifting from temporary entry points to strategic, long-term operating hubs. These centres are increasingly opting for flexible workspaces, signing larger and longer-duration deals, and demanding bundled services beyond just office space.

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OpenAI grows stable of law firms for high-stakes lawsuits, deals

​​The company, its CEO Sam Altman and their lawyers at Wachtell Lipton Rosen & Katz and Morrison & Foerster on Monday scored a major victory in defeating a lawsuit by Elon Musk, who alleged OpenAI strayed from its original nonprofit mission. The win cleared a potential ‌hurdle to an ⁠OpenAI IPO ⁠that sources have told Reuters could come.

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Desi chip companies fear MNCs will dip into their DLI 2.0 treat

India is planning the second phase of its semiconductor incentive scheme, DLI 2.0. Concerns are rising among domestic startups that allowing multinational corporations to join, even with minority stakes, could overshadow Indian firms. The government aims to balance foreign investment with domestic control to foster self-reliance in chip design.

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Ubisoft counts cost of restructuring with record annual loss

French games giant Ubisoft on Wednesday reported a record annual loss of almost 1.5 billion euros ($1.7 billion) for its 2025-26 financial year, in the midst of a far-reaching restructuring, game delays and cancellations. - AI hopes - Ubisoft had no major releases during the 2025-26 financial year apart from strategy game " Pax Romana".

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Early-stage vertical commerce startups continue to draw VC interest across beauty, fashion, services

Investors are pouring money into quick commerce startups across fashion, beauty, and services. Companies like Firi, Dazzl, and Klydo are seeking substantial funding. This rush signals a focus on convenience driving profitability. VCs are backing these ventures, aiming to capture the next big player in various niche markets. The trend shows a strong belief in the rapid delivery model.

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Indian founders flip Y Combinator’s $25,000 AI tokens for quick bucks

A grey market for discounted AI credits has emerged following Y Combinator's Startup School in India. Attendees are selling free credits for AWS, Azure, and OpenAI at reduced prices, with some facing activation issues and restrictions. These messages are from founders, engineers and student builders.

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Meta lays out plans for May 20 layoffs, restructuring, internal document says

In ​the document, ⁠the Facebook owner's head of ​human resources also told ​employees that "many leaders will announce org changes" in coordination with the layoffs.

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Nvidia may lead AI startup Simplismart’s $20 million fundraise at $100 million valuation

Chipmaking giant Nvidia is reportedly in advanced talks to lead a $20 million funding round for Simplismart, valuing the AI infrastructure startup at approximately $100 million. Earlier this year, Simplismart said its AI inference platform would be made available on Nvidia infrastructure as the startup expanded its enterprise AI offerings.

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NPCIL recruitment 2026: Notification released for 255 Stipendiary Trainee posts, registration begins on this date

Nuclear Power Corporation of India Limited announces recruitment for 255 Stipendiary Trainee/Technician roles at Kudankulam Nuclear Power Project. Applications open June 8, 2026, closing June 29, 2026. Various trades are available. Candidates can apply online. Successful trainees will receive a stipend and may be absorbed as Technicians.

from Latest Education news - Board Exam Results, Admit Cards, Exam Paper Analysis and Question Papers | Times of India
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SpaceX accelerates IPO timeline, targets June 12 listing on Nasdaq

SpaceX is preparing for a major stock market debut. The rocket and satellite maker plans to list its shares on the Nasdaq exchange as early as June 12. This highly anticipated IPO could be the largest ever, with a target valuation of $1.75 trillion. The company has accelerated its timeline, with a roadshow planned for early June.

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NTA opens NEET UG 2026 re-exam correction window to modify address, select choice of cities for June 21 exam

The National Testing Agency (NTA) has announced a re-examination for NEET UG 2026 on June 21, 2026, following directions from the National Medical Commission. Candidates can update their present address and exam city preferences from May 15 to May 21, 2026. The exam will be conducted offline in 13 languages.

from Latest Education news - Board Exam Results, Admit Cards, Exam Paper Analysis and Question Papers | Times of India
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D2C brands feel the pinch as consumers cut spending

Rising input costs and shrinking demand are squeezing smaller brands, with consumer spending projected to drop 5-6% next quarter. D2C brands face pressure as inflation and a weakening rupee push consumers towards essential purchases, impacting discretionary spending and average order values. Companies are absorbing costs or planning price hikes up to 10%.

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New York, California pension leaders oppose 'extreme' SpaceX control structure

US pension funds are raising significant red flags regarding SpaceX's imminent entry into the stock market. Leaders from California and New York have penned letters to Elon Musk, expressing their deep apprehensions about the governance framework that it affords him overwhelming influence. They urge for amendments to the voting rights and removal protections before the anticipated IPO takes place.

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Ex-Peak XV trio launches Mettle Capital, targets $350–400 million fund to back Indian startups

Three former Peak XV Partners, Ashish Agrawal, Ishaan Mittal, and Tejeshwi Sharma, have launched Mettle Capital. The new venture capital fund aims to raise $350-400 million. Mettle Capital will invest in Indian startups at Series A and B stages, with selective seed bets. The fund plans to close its fundraising within the next quarter and begin deploying capital by September-October.

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OpenAI chief Altman has over $2 billion stake in companies that dealt with OpenAI: court filing

OpenAI CEO Sam Altman's significant investments in companies doing business with his AI firm have come under scrutiny. Court documents revealed stakes worth over $2 billion. State attorneys general and Elon Musk have raised self-dealing claims. A congressional investigation is also underway. Altman has denied wrongdoing, stating he recused himself from key decisions.

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Meta offers rival AI chatbots free access to WhatsApp for a month

Meta Platforms is offering rival AI chatbots free access to its WhatsApp messaging service for one month. This move comes as Meta discusses commitments with EU antitrust regulators. The European Commission had indicated it was inclined to order Meta to provide such access. Previously, Meta had restricted its own AI assistant to WhatsApp, later proposing a fee for rivals.

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Anthropic expands Claude's AI tools for law firms, lawyers

Artificial intelligence (AI) company Anthropic has launched new tools for lawyers using its Claude AI assistant. These features offer specialized legal topic support and access to other legal research and AI products. Law firms can now securely connect Claude with platforms like Thomson Reuters for research and document management.

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Riding the AI buck: Rising API, usage-based costs force a rethink

As enterprises rapidly scale AI adoption, soaring API and usage-based costs are forcing companies to rethink spending, introduce guardrails and, in some cases, hire humans instead. Swathi Moorthy weighs in.

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Elon Musk, Apple's Tim Cook to head to China with Trump: White House

Top US executives, including Tesla's Elon Musk and Apple's Tim Cook, will accompany US President Donald Trump on his visit to China this week, a White House official said Monday. According to a list shared by a White House official, speaking on condition of anonymity, Musk and Cook will be accompanied by 15 other chief executive officers.

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IT rules amendments may create obligations outside law: Nasscom

Industry body Nasscom and digital rights groups argue that draft IT second amendment rules shouldn't create new obligations outside the IT Act's framework. Concerns are raised that advisories could become binding, bypassing parliamentary review and leading to over-censorship. The rules' extension to ordinary users and AI-generated content also sparks significant technical and legal questions.

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NEET UG 2026 objection window expected shortly at neet.nta.nic.in after OMR sheet upload

The National Testing Agency is expected to open the NEET UG 2026 objection window shortly after uploading scanned OMR answer sheets on the official website. The provisional answer keys were released on May 6, 2026, following the examination held on May 3. Candidates will be able to challenge responses through the NEET portal once the facility is activated. Over 22 lakh candidates appeared for the examination conducted across India and international centres under extensive security and monitoring arrangements.

from Latest Education news - Board Exam Results, Admit Cards, Exam Paper Analysis and Question Papers | Times of India
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Paperwork causing AI mission lag as startups flag funding, IP concerns

IndiaAI mission startups face delays in formal agreements, impacting non-compute support and raising IP concerns. While compute access is provided, founders report operational hurdles and potential timeline shifts due to pending MoUs. The government is exploring advance payments to mitigate these issues.

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Schools reach out to Canvas hackers as breach hits US classrooms

A cybercriminal group, ShinyHunters, stole vast amounts of student data from the educational platform Canvas. Some affected schools and universities reportedly tried to negotiate directly with the hackers. The breach caused disruptions for students. Canvas' parent company, Instructure, investigated the incident and has since restored services.

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OnlyFans sells minority stake to Architect Capital at $3.15 billion valuation: Report

Adult content platform OnlyFans has agreed to a significant deal. Investment firm Architect Capital is acquiring a 16% stake for $535 million. This transaction values OnlyFans at $3.15 billion. The platform gained immense popularity during the pandemic. It allows adult content creators to earn through subscriptions. OnlyFans has achieved over $1 billion in annual revenue.

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Paris public prosecutor opens judicial investigation into Elon Musk and X

The legal landscape around Elon Musk's X social media platform is heating up as Paris prosecutors announce a formal inquiry into allegations of algorithmic misconduct and dubious data reporting. This investigation, which involves the oversight of judges, comes after Musk missed an important court summons. The scope of the probe also encompasses X.

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The growing pay gap: AI skills drive 60% higher salaries in tech

AI-skilled professionals are commanding significant pay premiums, earning up to 60% more than their peers in other tech fields. This widening salary gap is expected to persist and grow over the next two to three years as companies increasingly adopt AI-influenced pay frameworks and automation impacts entry-level roles.

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Ola's full stack AI plans shrink on A-level exits, funding woes

Krutrim, Ola founder Bhavish Aggarwal's ambitious AI venture, has seen a significant leadership exodus and workforce reduction. Key AI and semiconductor leaders, along with over 60 linguistics staff, have departed as funding dried up, leading to the discontinuation of its AI agentic platform and the Bodhi 1 chip. The company is now pivoting to AI cloud services.

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GSEB SSC Class 10th result 2026: Official websites to download scorecards

The Gujarat Secondary and Higher Secondary Education Board (GSEB) has announced the Class 10 SSC Result 2026 on its official portal, gseb.org. Students can easily check their scores using their six-digit seat number. To manage heavy traffic, alternative options like SMS and WhatsApp services have also been provided for quick and smooth access to provisional marksheets.

from Latest Education news - Board Exam Results, Admit Cards, Exam Paper Analysis and Question Papers | Times of India
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Elon Musk wanted $80 billion to colonise Mars, OpenAI president testifies at trial

Elon Musk sought complete control of OpenAI to fund his Mars colonisation dream. He aimed to raise $80 billion for a Martian city. This revelation comes amid Musk's lawsuit against OpenAI. The trial could shape the future of artificial intelligence. OpenAI plans significant computing investments.

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Startups lead AI push into construction amid labour shortages

Construction is fast shedding its tech-resistant tag as AI-powered startups roll up sleeves to tackle labour shortages and speed up industry’s digital transformation, writes ET.

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AI startup Sierra raises $950 million at $15 billion valuation

AI startup Sierra has secured a significant funding round of $950 million. This investment values the company at over $15 billion. Sierra plans to use the funds to expand its platform. The company aims to become a global standard for AI-driven customer experience. Sierra's AI agents are already powering billions of customer interactions for major companies.

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‘Super 40’ launched in Rohtak to power govt school students towards JEE, NEET & NDA

The 'Super 40' programme has been launched in Rohtak. This initiative offers free coaching for JEE, NEET, and NDA exams to government school students. Education Minister Mahipal Dhanda inaugurated the new session. The programme aims to provide quality preparation and bridge the gap with private coaching. It will offer structured courses and regular assessments for students.

from Latest Education news - Board Exam Results, Admit Cards, Exam Paper Analysis and Question Papers | Times of India
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UpGrad to acquire Unacademy at lower Rs 2,000 crore valuation

Upskilling platform UpGrad is set to acquire Unacademy in an all-stock deal valued at ₹2,055 crore, significantly below Unacademy's peak valuation. Unacademy will bring substantial cash reserves to the deal, which is awaiting Competition Commission of India approval. This consolidation marks a significant move in India's edtech sector amidst a post-pandemic slump.

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Galaxeye eyes 8-week timeline to begin commercial data rollout; defence demand to anchor early revenues

GalaxEye is set to launch commercial sales of satellite imagery from its new Mission Drishti satellite in eight weeks. Defence and security agencies are anticipated to be the primary customers. The company's satellite combines advanced radar and multispectral sensors. This move signifies a significant step in monetizing private space technology in India, moving beyond experimental phases to scalable applications.

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ICAI releases CA exam schedule for September-November 2026; check dates here

The Institute of Chartered Accountants of India (ICAI) has announced the September-November 2026 examination schedule for CA Foundation, Intermediate, and Final levels. Online application forms will be accepted from July 6, 2026, with a late fee applicable until July 22. The exams are scheduled for September and November, with no changes to dates even if a public holiday is declared.

from Latest Education news - Board Exam Results, Admit Cards, Exam Paper Analysis and Question Papers | Times of India
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Home interior startups lean on AI to shave costs, chase profits

India's home interior sector is turning to AI to combat high customer acquisition costs and operational expenses. Companies like Homelane and Livspace are leveraging AI to boost designer productivity and streamline operations, aiming for profitability amidst stiff competition from the unorganized sector.

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ETtech Deals Digest: Startups raised $660 million in April, up 3.2% on-year

Indian startups secured $660 million in April 2026, a slight uptick from last year, with late-stage deals dominating. Despite a dip from March's figures, key players like KreditBee, Snabbit, and Palmonas saw significant funding, signaling continued investor confidence in the burgeoning startup ecosystem.

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Gujarat board likely to announce class 12 results on May 4 and class 10 on May 6

The Gujarat Secondary and Higher Secondary Education Board (GSHSEB) is expected to announce Class 12 results on May 4 and Class 10 results on May 6, impacting over 15.28 lakh students. The schedule mirrors last year’s trend, likely following the NEET 2026 exam on May 3. Exams were held from Feb 26 to March 18, with evaluation completed across 454 centres. GUJCET 2026 results will also be declared alongside Class 12 Science results.

from Latest Education news - Board Exam Results, Admit Cards, Exam Paper Analysis and Question Papers | Times of India
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