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EET Tech·2h agoTechnology

Global markets were already fragile. Big AI bets could break them

Investors flocked to bonds. Yields, which move inversely to price, fell from multidecade highs, with the benchmark 10-year Treasury, which guides borrowing costs globally, falling almost 20 basis poin…

EET Tech·2h ago
1 min read
EET Tech·2h agoTechnology

Reddit blasts Australia's 'inept' social media ban as court challenge begins

Australia's world-first teen social media ban was "ill thought out" and amounted to a "profound restriction on political debate", a lawyer for messaging platform Reddit told the country's top court in…

EET Tech·2h ago
1 min read
EET Tech·3h agoTechnology

From SBI to Binance, how financial institutions are becoming cyberattack targets

Recent incidents involving cryptocurrency exchange Binance and Indian public sector lender State Bank of India (SBI) have once again put the spotlight on the issue. While Binance reported a security b…

EET Tech·3h ago
1 min read
EET Tech·3h agoTechnology

Singapore's Grab lifts 2026 forecasts on strong ride-hailing, delivery demand

Singapore's Grab lifted its annual forecasts on Tuesday, helped by steady growth in its ride-hailing unit, while demand for its delivery services benefited from promotional offers and expansion into c…

EET Tech·3h ago
1 min read
EET Tech·4h agoTechnology

Blackstone president says more tech sector fundraising ahead to keep up with AI industry growth

Blackstone President Jon Gray said on Tuesday there would be more global equity fundraising needed to keep up with the enormous likely demand from the AI industry's growth.

EET Tech·4h ago
1 min read
EET Tech·4h agoTechnology

Anthropic says revenue surged 1,100% ahead of IPO

Anthropic, one of the world's leading artificial intelligence companies, on Monday reported a more than 1,100 percent surge in quarterly revenue and nearly $900 billion in spending commitments as it c…

EET Tech·4h ago
1 min read
EET Tech·4h agoTechnology

Binance to reopen withdrawals for more assets on several networks

Binance said on Monday it will reopen withdrawals for more assets on networks, including BSC, ETH, SOL, XRP and SUI. The reopenings will begin at 04:00 GMT on Tuesday, the company added.

EET Tech·4h ago
1 min read
EET Tech·4h agoTechnology

Apple beats sales and profit expectations but AI costs weigh on holiday sales

Apple exceeded analysts' expectations for its latest results on Monday when the iPhone-maker said it notched a "revenue record" for the July-September quarter, driven by iPhone sales and services reve…

EET Tech·4h ago
1 min read
EET Tech·5h agoTechnology

OpenAI’s India user base doubles; Rapido GOV quadruples

Happy Tuesday! India has become ChatGPT’s largest market globally, with its user base doubling. This and more in today’s ETtech Morning Dispatch.

EET Tech·5h ago
1 min read
EET Tech·18h agoTechnology

STT Global’s India biz on the block; micro occasions power qcomm

KKR, Singtel, and the Tatas are preparing to sell STT GDC India, a major data centre platform. This and more in today’s ETtech Top 5.

EET Tech·18h ago
1 min read
EET Tech·20h agoTechnology

Keralam aims to bring in special Act to protect women from social media attacks

"The government is thinking of sending those who attack women on social media to prison by bringing in a special Act," CM V D Satheesan said while inaugurating 'Makalkoppam', a two-day seminar organis…

EET Tech·20h ago
1 min read
EET Tech·23h agoTechnology

Anthropic plans to sell $3.5 billion of shares to Japan investors in IPO, filing shows

The new shares issued to Japanese investors will go to raise working capital and fund operating expenses and capital expenditure, the filing said.

EET Tech·23h ago
1 min read
EET Tech·1d agoTechnology

AI Agents Break Web Ad Model | Lightspeed’s Harsha, Hemant Mohapatra | Corner Office Conversation

EET Tech·1d ago
1 min read
EET Tech·1d agoTechnology

HSBC to open Hong Kong AI Institute following Singapore launch

The AI unit will work with Hong Kong University of Science and Technology as its anchor academic partner, Elhedery said, though he did not disclose headcount details.

EET Tech·1d ago
1 min read
EET Tech·1d agoTechnology

Apple's new CEO John Ternus to face first earnings test as memory costs surge

Ternus, who took the reins from Tim Cook in September, has overseen the introduction of Apple's first foldable phone, smart home hub and Apple's first touch-screen laptops. All of those products began…

EET Tech·1d ago
1 min read
EET Tech·1d agoTechnology

Tesla, Samsung oppose new US tariffs on Vietnam as probe deadline nears

Businesses are divided over whether Washington should propose new tariffs on Vietnamese goods this month, with Tesla and Samsung not in favour, while others have called for penalties, submissions to t…

EET Tech·1d ago
1 min read
EET Tech·1d agoTechnology

AI debt surge pushes Magnificent Seven borrowing to $578 billion, up 45%: SBI Research

The combined debt of the seven largest US technology companies, widely known as the Magnificent Seven, has increased nearly 45 per cent to USD 578 billion by mid-2026, raising concerns over the financ…

EET Tech·1d ago
1 min read
EET Tech·1d agoTechnology

China's robot makers have mastered the moves. Now comes the race for brains

The shift is fuelling an investment boom in embodied AI, a field focused on software that allows robots to understand their surroundings, learn unfamiliar tasks and adapt without having to be programm…

EET Tech·1d ago
1 min read
EET Tech·1d agoTechnology

South Korea's Lee vows to make bold AI investment in record budget push

His administration proposed in September increasing government spending by a record 12.8% next year to 820.9 trillion won ($615.62 billion) aiming to strengthen South Korea's technological edge as glo…

EET Tech·1d ago
1 min read
EET Tech·1d agoTechnology

Binance sees outflows stabilising as exchange returns online after $6.3 billion heist

Binance customers pulled $3.64 billion, or 2.1% of its assets, as the world's biggest cryptocurrency exchange resumed service after a security breach linked to North Korea saw $6.3 billion stolen from…

EET Tech·1d ago
1 min read
EET Tech·1d agoTechnology

Fintechs fortify cyber defences; Logistics cos in the speed lane

Happy Monday! Fintechs are stepping up security as AI-powered cyberattacks become more sophisticated. This and more in today’s ETtech Morning Dispatch.

EET Tech·1d ago
1 min read
EET Tech·2d agoTechnology

Festive spending drives record UPI transactions in October

UPI processed transactions worth Rs 31.53 lakh crore during the month, a 16% rise from a year earlier and the highest on record, signalling that the platform continues to expand even as consumers navi…

EET Tech·2d ago
1 min read
EET Tech·2d agoTechnology

Binance to resume withdrawals after recovering bulk of $6 billion in stolen funds

Binance has announced the resumption of cryptocurrency withdrawals after recovering a significant portion of stolen assets. The exchange has identified a North Korean unit behind the theft and is acti…

EET Tech·2d ago
1 min read
EET Tech·3d agoTechnology

North Korean hackers linked to crypto thefts among world's best, experts say

Blockchain investigation firms TRM Labs and Chainalysis attribute the heist to a North Korean hacking group known as "TraderTraitor," a name used in a 2022 joint warning from the FBI, CISA and US Trea…

EET Tech·3d ago
1 min read

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