by News Feed Editor | Apr 29, 2026 | Technology
Amazon and Meta are among the big companies set to lobby India’s payments body over the dominance of Walmart-owned PhonePe and Google Pay in the country’s fast-growing instant payments network. Executives representing platforms including Amazon Pay, WhatsApp, CRED,...
by News Feed Editor | Apr 29, 2026 | Technology
Amazon was one of several tech giants that on Wednesday beat Wall Street’s first-quarter earnings expectations, offering more financial evidence that the AI boom continues to reward companies that supply the picks and shovels. Amazon’s cloud business is the latest...
by News Feed Editor | Apr 29, 2026 | Technology
Investor interest in Anthropic has reached a feverish pitch. The maker of the Claude AI assistant has received multiple preemptive offers to raise fresh capital of around $50 billion at a valuation in the $850 billion to $900 billion range, according to half a dozen...
by News Feed Editor | Apr 29, 2026 | Technology
Elon Musk came to a California federal court on Wednesday to argue that Sam Altman and his co-founders “stole a charity.” He left having admitted, under oath, that Tesla is not currently pursuing artificial general intelligence (AGI)— directly contradicting a tweet...
by News Feed Editor | Apr 29, 2026 | Technology
When Meta released its quarterly earnings report on Wednesday evening, a colleague pointed out how Meta lost $4 billion on Reality Labs, the division responsible for its AR glasses, VR headsets, and VR software. I yawned at first. Meta losing $4 billion on Reality...
by News Feed Editor | Apr 29, 2026 | Technology
Amazon Web Services on Tuesday launched one of the most consequential enterprise AI plays in the company’s 20-year history, simultaneously bringing OpenAI’s most powerful models to its Bedrock platform, unveiling a new agentic developer framework,...
