Recent News

Fox Corporation to Acquire Roku in $22 Billion Deal

Fox Corporation will acquire Roku for $160 per share, valuing the company at $22 billion, with $12 billion in bridge financing secured. The deal is expected to close in the first half of next year, pending regulatory approval.

16-Jun-2026 12:30 AM

AMD Unveils Ryzen AI Halo Platform for Local Large-Scale AI Model Deployment

AMD has launched the Ryzen AI Halo Developer Platform, a compact system capable of running AI models with up to 200 billion parameters locally. The device offers up to 128GB unified memory, reducing reliance on cloud services and improving data privacy.

15-Jun-2026 01:30 PM

Zoho’s Sridhar Vembu Calls for Indian Tech Independence After US AI Model Ban

The US banned Anthropic's advanced AI models for all foreigners, prompting Zoho's Sridhar Vembu to call for Indian tech self-reliance. Vembu urges a national effort to build technology capabilities beyond AI to ensure sovereignty.

15-Jun-2026 12:30 PM

Meta and Google Ordered to Pay $6 Million in Social Media Addiction Case

A US court ordered Meta and Google to pay $6 million in a social media addiction case. The plaintiff's lawyer used custom AI tools to prepare for trial. The verdict may influence thousands of similar lawsuits.

15-Jun-2026 11:30 AM

Why Indian IT Firms Are Not Competing in the Global AI Model Race

Anthropic's AI model restrictions reignited debate on India's AI ambitions. Experts argue Indian IT firms focus on economic stability, employment, and integration of AI solutions, rather than building frontier AI models.

15-Jun-2026 10:30 AM