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…
Google’s Q3 Profit Soars 33% Amid AI and Cloud Expansion
Google’s parent company Alphabet earned a revenue of $102.3 billion in the third quarter of 2025, ending September 30, a…
MediaNama Deepfake Rules Event: Agenda & Reading List
MediaNama is gearing up for a discussion on the draft Information Technology (Intermediary Guidelines and Digital Media Ethics Code) Amendment…
Character.AI Restricts Teen Chats Amid Growing Safety Concerns
Character.AI will soon stop users under 18 from engaging in open-ended chats with its AI characters, the company announced in…
Ixigo Sees ₹2.5 Cr Loss in Q2FY26 Despite 37% Revenue Growth
Le Travenues Technology Limited (Ixigo) reported a 37% year-over-year (YoY) increase in revenue from operations to Rs. 4347.5 Cr for…