Business — page 28
Startup and business news: launches, pivots, founders, fintech, commerce and the markets they operate in.
Latest Business stories
Civil servant who juggled five jobs 'wasn't thinking straight'
Kashim Chowdhury is accused of fraudulently juggling multiple public sector jobs.
Tarun Mottlia
Oct 22, 2026
Meta reports $825B in future lease and contract commitments
Most of the total covers data centre leases and cloud deals for AI, up from nearly $700bn in July.
Tarun Mottlia
Oct 22, 2026
Google funds a 1GW virtual power plant with Voltus on the PJM grid
Homes and businesses across 13 states will cut their power use when the grid is strained, and get paid for it, with Google footing the bill.
Tarun Mottlia
Oct 22, 2026
UK resumes tank barrel production after 20-year gap with Rheinmetall facility
The UK has restarted tank barrel production at Rheinmetall's new Telford facility, creating 100 jobs and marking a shift in defence manufacturing.
Tarun Mottlia
Oct 22, 2026
Tonbo Imaging’s ₹852 Crore IPO closes 136X oversubscribed
Tonbo Imaging’s ₹852 Crore IPO, entirely an offer for sale, closed 136X oversubscribed.
Tarun Mottlia
Oct 22, 2026
United Airlines credits Starlink Wi-Fi for passenger shift from rivals
United Airlines reports passenger shifts from competitors due to Starlink in-flight Wi-Fi, with 50% fleet coverage by Oct 2026 and full rollout by 2027.
Tarun Mottlia
Oct 22, 2026
Manufacturing Startups To Watch: 5 Startups That Caught Our Eye In October
The eighth edition of Inc42's Manufacturing Startups to Watch comprises names like Nautical Wings Aerospace, Magron EV, NuSynth, Refroid, and Xbattery Energy
Tarun Mottlia
Oct 22, 2026
Agility’s Digit 5 humanoid robot will run on Nvidia as it heads for Nasdaq
The humanoid maker also has more than $300 million in Digit 5 orders and a new Pittsburgh site, as it heads for Nasdaq through a blank-check merger.
Tarun Mottlia
Oct 22, 2026
Adobe becomes AI fan experience partner of BWT Alpine F1 team
The deal gives the Enstone-based team Adobe’s AI content, data and search tools from the 2027 Formula One season.
Tarun Mottlia
Oct 22, 2026
Amazon to hire 300,000+ seasonal workers as US retail hiring slumps
Amazon plans to hire over 300,000 seasonal workers for the 2026 holiday season, offering $20/hour and health benefits, as US retail hiring declines.
Tarun Mottlia
Oct 22, 2026
Citi Mexico targets banks and mid-sized companies after Banamex split
Citi Mexico is targeting banks and mid-sized companies after separating from Banamex. Learn how this strategy could shape Mexico’s banking sector.
Tarun Mottlia
Oct 22, 2026
Nebius borrows $3.5bn from Citi as it says AI compute prices keep rising
The Nebius loan comes as investors question how AI clouds fund their build-outs. Its revenue chief says Nebius is not carrying CoreWeave’s kind of debt.
Tarun Mottlia
Oct 22, 2026
Spotify hits 306 million subscribers and expects 316 million by year end
Spotify subscribers should reach 316 million by year end, the company forecasts, as it starts making some Family plan members prove they live together. It also launched a native car app with Audi.
Tarun Mottlia
Oct 22, 2026
Former HP and Intel Executive Joins Costa Pickleball as CEO
Anderson, a former HP and Intel executive, takes the reins at Costa Pickleball, focusing on quieter paddle tech and high-performance designs.
Tarun Mottlia
Oct 22, 2026
Supermicro smashes Q1 revenue guidance with $19.5B on AI demand
Supermicro pre-announces Q1 FY2027 revenue of $18.5B–$19.5B, $4B above guidance, driven by AI demand and improved margins.
Tarun Mottlia
Oct 22, 2026
Musk’s backing for a SpaceX-Tesla merger rattled insiders, Reuters reports
SpaceX approached Tesla about a SpaceX-Tesla merger in recent weeks, and an all-stock deal is an option, Reuters reports. Bloomberg says there is a push to announce a deal by mid-2027.
Tarun Mottlia
Oct 22, 2026
Brands must adapt marketing for humans and AI agents
AI agents are reshaping purchasing decisions. Here’s how brands can optimize strategies for both human and AI audiences, and why startups have an edge.
Tarun Mottlia
Oct 22, 2026
Uber buys ezCater for $2.3B as late-stage startups sell at steep discounts
Uber’s $2.3 billion acquisition of ezCater and Bending Spoons’ purchases of Miro and Airtable at deep discounts reveal a market shift toward unit economics…
Tarun Mottlia
Oct 22, 2026
Swiggy narrows net loss 16% YoY to ₹922 crore in Q2 FY27, revenue up 36%
Swiggy’s Q2 FY27 results show a 16% YoY narrowing of net loss to ₹922 crore and 36% revenue growth to ₹7,571 crore, even as Instamart’s losses widen.
Tarun Mottlia
Oct 22, 2026
How a DEA Agent’s Personal and Professional Life Collided in the Fight Against Dark-Web Crime
Lili Infante’s pioneering work in cryptocurrency investigations led to the takedown of Hydra, but her personal life—including family betrayals—shaped her…
Tarun Mottlia
Oct 22, 2026
Ghoulies trilogy planned after director reclaims film rights
Director Luca Bercovici reacquires domestic rights to 1985 cult classic Ghoulies, announces plans for a new trilogy. Production targeted for 2027.
Tarun Mottlia
Oct 22, 2026
AAA Gaming’s Unsustainable Model: Why Blockbuster Games Are Costing More Than Just Money
The AAA gaming industry is facing financial instability, developer layoffs, and homogenized gameplay despite record revenues.
Tarun Mottlia
Oct 22, 2026
Tesla’s profit falls 43% as it starts building Optimus robots
Tesla’s third-quarter net income fell 43% to $787 million as spending on AI, robots and self-driving climbed. Optimus production has started, and Cybercab sales begin by year end.
Tarun Mottlia
Oct 22, 2026
Meta’s Ad Sales Are Suffering Now That Europeans Can Pick Less Personalization
An earnings briefing on Wednesday revealed ad revenue has slowed since the European Union introduced the Less Personalized Ads models at the beginning of this year.
Tarun Mottlia
Oct 22, 2026