HCLTech wins $1.14bn deal with a European firm, its biggest since 2023
HCLTech has signed a $1.14 billion contract with a major European company, the Indian IT services group said Thursday, in what is its largest single deal since a $2.1 billion agreement with Verizon in August 2023. The client is described only as a Fortune Global 50 firm, and neither side has named it publicly. The […]<br /> This story continues at The Next Web [...]
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Sarvam becomes India’s newest AI unicorn with a $234m round led by HCLTech
Sarvam, the Bengaluru company building India’s sovereign AI stack, has become the country’s newest AI unicorn. It has raised $234m in the first close of a $300m Series B, at a $1.5bn valuation, le [...]
SK Hynix is planning a US listing of up to $14bn to cash in on the AI memory boom
SK Hynix is preparing to list in the United States in a deal that could raise as much as $14bn as soon as August, according to people familiar with the plan. The Korean memory maker has made a confide [...]
European court rules in favor of the latest US and EU data transfer framework
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The 6 best Mint alternatives to replace the budgeting app that shut down
It's been almost one year since Intuit shut down the popular budgeting app Mint. I was a Mint user for many years; millions of other users like me enjoyed how easily Mint allowed us to track all [...]
TikTok fined $602 million for illegally sending European user data to China
The Irish Data Protection Commission (DPC) has fined TikTok owner ByteDance €530 million ($602 million) for breaching the European Union's privacy laws. The regulator said TikTok sent European [...]
Huawei allegedly 'benefited' from European Parliament bribery scheme
Several people have been arrested as part of a corruption investigation linked to the European Parliament and Huawei. The company is suspected of bribing European Union officials, according to the Ass [...]
X shuts down the European Commission’s ad account the day after major fine
Just a day after receiving a roughly $140 million fine, X has terminated the ad account of the European Commission. Nikita Bier, X's head of product, accused the European Commission of using an e [...]