How India’s First Crypto Unicorn CoinDCX Lost Rs 368 Crore
An X post by Sumit Gupta, CEO of Indian cryptocurrency exchange platform CoinDCX, announced a loss of around Rs 368…
OpenAI Faces Lawsuit After ChatGPT’s Role in Teen Suicide
Trigger Warning: Mentions of suicide MediaNama’s Take Policymakers have celebrated artificial intelligence as a driver of innovation, but they continue…
Google-Reliance Jio Tie-Up Offers Free AI Pro Plan for 18 Months
Google has announced a strategic partnership with Reliance Intelligence to offer its premium AI Pro subscription plan to Jio users…
Microsoft Faces Lawsuit In Australia For Misleading Consumers
The Australian Competition & Consumer Commission (ACCC) has launched court proceedings against Microsoft Corporation and its Australian subsidiary, alleging that…
MakeMyTrip Sees $5.7M Q2FY26 Loss Over $35M Finance Costs
MakeMyTrip (MMT) brought in $229.3 million in revenue in the fiscal second quarter ending on September 30, 2025. This was…
UMG-Udio Settle Copyright Dispute, Announce AI Music Platform
On October 29, Universal Music Group (UMG) and Udio announced that they had reached a settlement of their copyright-infringement litigation…
Swiggy Eyes Inventory Model as Instamart Losses Mount
Food and grocery delivery platform Swiggy plans to transition into an inventory-led model in its quick commerce vertical in the…
Microsoft Reports $27.7B Profit Amid Cloud and AI Surge
Microsoft Corporation released its first-quarter results for fiscal year 2026, showing a strong start to the year. The company reported…
Kerala HC Mandates Adalat AI for Witness Deposition Transcription
The Kerala High Court has mandated that all witness depositions starting November 1 will be “primarily recorded” using the Adalat…
Amazon to Lay Off 14,000 Workers, Cites AI Shift
Global e-commerce giant Amazon announced on October 28 that it will lay off about 14,000 corporate employees, as per an…