Business — page 2
Startup and business news: launches, pivots, founders, fintech, commerce and the markets they operate in.
Latest Business stories
After blocking Muse, Amazon now lets users text Alexa to help them shop
Amazon said that the feature will roll out to millions of users in coming weeks.
Tarun Mottlia
Nov 6, 2026
IonQ’s revenue quadruples to $173.8M as it lifts its 2026 forecast to $515M
Almost half the quarter came from chipmaker SkyWater, which IonQ now owns. Chief executive Niccolo de Masi told Bloomberg the AI sell-off is not a concern for the quantum company.
Tarun Mottlia
Nov 6, 2026
Cloudflare posts its fastest growth in nearly 4 years and lifts its outlook
Cloudflare shares jumped about 15% after hours on a day of heavy tech losses. On the call, Matthew Prince warned that the wave of security flaws is not over yet.
Tarun Mottlia
Nov 6, 2026
Alphabet discloses $548M stake in chipmaker Qualcomm
Alphabet held nearly 3 million Qualcomm shares worth $548M at the end of September, a filing shows, and slightly raised its SpaceX stake.
Tarun Mottlia
Nov 6, 2026
European VC investment hit a record €11.5bn in the first half of 2026
Invest Europe’s data shows defence investment more than doubled to €2.7bn. In its survey, 43% of fund investors expect to put more into Europe because of US trade policy.
Tarun Mottlia
Nov 6, 2026
Texas data center freeze and global protests split AI infrastructure sector
Texas’s proposed permit freeze sent Microsoft and Amazon shares up 6% while CoreWeave plunged 10%.
Tarun Mottlia
Nov 6, 2026
Emami buys more online-first brands as takeovers top 26 % of sales
Emami Ltd will buy more premium online-first brands, now 26 % of India sales. Revenue climbed 36 % to ₹1,088 crore, but profit fell 2 % as costs rose.
Tarun Mottlia
Nov 6, 2026
Anthropic’s Claude Code product lead Catherine Wu joins OpenAI
Cat Wu, former product lead for Anthropic’s Claude Code, joins OpenAI to run Core Products. Another employee follows as Anthropic prepares for its $17bn IPO.
Tarun Mottlia
Nov 6, 2026
Microsoft scraps tens-of-billions Texas AI deal with Nscale
Microsoft walked away from a tens-of-billions-dollar option to expand AI computing capacity at Nscale’s Texas data centre, halting a 2025 contract just months…
Tarun Mottlia
Nov 6, 2026
Google offers voluntary exits in five new countries—excluding AI and cloud teams
Google extends voluntary exit packages to Canada, France, Germany, Japan and Switzerland.
Tarun Mottlia
Nov 6, 2026
Venomics AI raises $2.7M to hunt for drugs in animal venoms
Bengaluru biotech Venomics AI secures $2.7 million in pre-seed funding to build Venom Atlas, a dataset mapping venom molecules for new medicines.
Tarun Mottlia
Nov 6, 2026
Dropbox buys Tigris Data for $350M in biggest deal ever
Dropbox acquires Tigris Data for $350 million, its largest deal ever, to launch DBX Agent Cloud, a multi-cloud storage service for AI workloads.
Tarun Mottlia
Nov 6, 2026
Safaricom Fuliza revenue jumps 86% to $38M as borrowers double
Safaricom’s M-PESA overdraft service Fuliza posted 86% revenue growth to KES 4.9B ($38M) in H1 2026, even as average loan sizes fell 24.6% and repayment ratios…
Tarun Mottlia
Nov 6, 2026
Qualcomm stock sinks 7 % after weak guidance and revenue miss
Qualcomm missed Q4 revenue estimates and guided below expectations, sending shares down 7 %. Automotive and IoT grew, but smartphone chip sales slumped 26 %.
Tarun Mottlia
Nov 6, 2026
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Cosmoserve Space raises $6M, opens India’s first private orbital facility
Hyderabad startup Cosmoserve Space secures $6M in seed funding, inaugurates Base 1 for space debris removal, and plans commercial ops by 2028.
Tarun Mottlia
Nov 6, 2026
OpenAI hires ex-Army Secretary and Uber exec to expand defence and enterprise AI
OpenAI appoints Dan Driscoll as senior counselor for national security, Jill Hazelbaker as chief corporate affairs officer, and Catherine Wu from Anthropic…
Tarun Mottlia
Nov 6, 2026
upGrad takes Bira91 maker to NCLT over ₹1.02 crore in unpaid dues
Edtech firm upGrad takes B9 Beverages, the company behind Bira91 beer, to NCLT over ₹1.02 crore in unpaid dues amid wider creditor disputes.
Tarun Mottlia
Nov 6, 2026
CVS Health to split into two public companies by mid-2028
CVS Health will separate its 9,000 retail pharmacies from Aetna and Caremark by mid-2028, creating two standalone public companies and ending its all-in-one…
Tarun Mottlia
Nov 6, 2026
Meta acquires Conductor, AI coding startup, to integrate team and tech
Meta acquired Conductor, a startup enabling parallel AI coding agents, to integrate its team and technology. Conductor’s products will shut down by early 2027.
Tarun Mottlia
Nov 6, 2026
Titan OS raises $46M to take on Google TV
Titan OS lands $46M to expand its smart TV operating system, now powering 30M users. Philips and others switch to its revenue-sharing model over Google TV.
Tarun Mottlia
Nov 6, 2026
SpaceX and Qualcomm team up to build U.S. 5G network for Starlink Mobile
SpaceX and Qualcomm partner to launch a terrestrial 5G network for Starlink Mobile in 2027, challenging Verizon, AT&T, and T-Mobile.
Tarun Mottlia
Nov 6, 2026
Nykaa’s profit triples to ₹101 crore in Q2, buys Simply Nam
Nykaa’s Q2 FY27 profit jumped 206% to ₹101 crore on 28% revenue growth. The company also acquired 82% of premium cosmetics brand Simply Nam.
Tarun Mottlia
Nov 6, 2026
'I was asked if I was a crier': Your worst job interviews revealed
Bad job interviews can be horrible to experience in the moment, but there is a lot they can teach us about the world of work
Tarun Mottlia
Nov 6, 2026
Andy Burnham tells firms to publish salaries in job adverts ahead of new law
The government argues the change will help jobseekers and could help to prevent pay discrimination.
Tarun Mottlia
Nov 5, 2026