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Happiest Minds rules out job cuts after merger with ITC Infotech

Addressing a press conference after the merger announcement, top executives of the Bengaluru-based firm said that the ITC leadership has specifically stipulated the continuity of the entire workforce and leadership team.

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SaaS company Whatfix's cofounder and CEO Khadim Batti passes away

Whatfix CEO Khadim Batti passes away: Vara Kumar, Batti's cofounder and a close friend, told Whatfix employees in an email that Batti had spoken with him at length on Monday night and that they had discussed their respective health situations. “He had been maintaining his health very well,” Kumar wrote.

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SoftBank seeks another $10 billion loan for OpenAI stake funding

SoftBank is seeking a $10 billion loan, as it looks for more funding to help refinance debt used for its investment in US tech giant OpenAI. The loan would add to SoftBank’s flurry of recent debt financing activities tied to its bet on OpenAI, including a potential bond sale of as much as $20 billion.

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Nvidia buying artificial intelligence platform Hugging Face for $13 billion

Jensen Huang wrote in a blog post Thursday that more than 18 million developers, researchers and creators use Hugging Face to share more than 3 million models, 500,000 data sets and 1 million applications. There's also more than 200,000 companies that use the platform, he said.

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Whatfix Cofounder Khadim Batti Passes Away

Khadim Batti, cofounder of SaaS soonicorn Whatfix, passed away due to a cardiac arrest. Batti cofounded Whatfix with Vara Kumar…

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Deepinder Goyal’s Temple acquires London-based longevity clinic Longevous

Deepinder Goyal revealed that his healthtech startup Temple has acquired Longevous absorbing their founders and their team, adding that their "deep clinical expertise and publication experience" will help the company. The post Deepinder Goyal’s Temple acquires London-based longevity clinic Longevous appeared first on MEDIANAMA.

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TCS employees get 50-70% variable in Q1

The payout comes after a prolonged period of subdued variable compensation at the company. For nearly two years until the first quarter of fiscal 2026, mid- and senior-level employees received only about 20-40% of their eligible variable pay.

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Google changes spam policy in EU to avert antitrust fine

The EU said that its monitoring showed that Google's spam policy demoted news ​media and other publishers' websites and content ⁠in Google ‌search results, when those websites include content ​from commercial ​partners.

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Huawei H1 profit drop quickens to 36% on rising costs, R&D spending

The Chinese technology company said net profit for January to June fell to 23.81 billion yuan ($3.54 billion), accelerating from a 32% drop in the same period a year earlier, while ‌revenue rose ⁠9.6% to ⁠467.82 billion yuan, as it continued to recover from US sanctions.

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France targets Shein and Temu with fast fashion fees

The fees add to Shein's difficulties as the end ​of duty-free access for cheap ecommerce parcels in the European Union and the ⁠U.S. caused ‌the company'svaluation to plunge ahead of its stock market debut in Hong Kong on ​Tuesday.

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Need spiritual guidance? Gurus join chatbot trend as people turn to AI for answers

This unfettered access - which can be challenging to find among human gurus - is what's drawing more people to AI for spiritual guidance. This is a big step, particularly in Hinduism, where gurus are part of culture and deemed necessary to attain moksha - liberation from the cycle of birth, death and reincarnation.

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