Business — page 30
Startup and business news: launches, pivots, founders, fintech, commerce and the markets they operate in.
Latest Business stories
Electronic Arts to cut 400 jobs and shut down Mass Effect studio BioWare
The cuts come two months after a Saudi-led $55B buyout loaded the games giant with debt.
Tarun Mottlia
Oct 21, 2026
Blacksmith hits unicorn valuation after Sequoia leads Series C
Blacksmith, a platform that lets companies build and test AI code more effectively, just announced a $66 million Series C round led by Sequoia that values the company at $1 billion.
Tarun Mottlia
Oct 21, 2026
Andy Burnham proposes plan to cut standing charges from gas bills
The prime minister provided little detail, and there are questions over shifting the fees onto unit costs.
Tarun Mottlia
Oct 21, 2026
This Startup Is All In on Recursive Self-Improvement. Its Latest Model Is Scary Good
Recursive makes the case that the benefits of using AI to build AI outweigh the risks.
Tarun Mottlia
Oct 21, 2026
Jensen Huang’s Vision for Europe Runs on Plug-In Data Centers
At Nvidia’s GTC in Berlin, Huang unveiled their new plug-in data center—the DSX Pod—as the key to unlocking Europe’s AI infrastructure lag. Oh, and autonomous humanoid robotics.
Tarun Mottlia
Oct 21, 2026
Anthropic could spend $750bn on compute, The Wall Street Journal reports
Revenue rose to $16.3bn in six months, but the S-1 draft also shows an $80.7bn loss, most of it an accounting charge. Bloomberg says Anthropic could start trading before Thanksgiving.
Tarun Mottlia
Oct 21, 2026
Deepinder Goyal’s Temple to open pre-orders on November 1
Temple is a head-worn device that tracks blood flow and oxygenation inside the brain. Goyal, who stepped down as Eternal CEO in February, had said in August that pre-orders for a limited launch edition would open soon.
Tarun Mottlia
Oct 21, 2026
Blinkit sees no compelling case for expanding private labels, says Dhindsa
Albinder Dhindsa, CEO of Eternal, voiced skepticism regarding the potential for private labels to enhance profit margins. He emphasised that effective brand development mandates considerable investment in both marketing…
Tarun Mottlia
Oct 21, 2026
Glance to be integrated by default on Android TVs in US, India, Japan in partnership with Google
Under the collaboration, Glance will transform idle TV screens into interactive shoppable storefronts across fashion, travel, food, wellness, and other lifestyle categories.
Tarun Mottlia
Oct 21, 2026
Mach9 raises $34M after pivoting to AI CAD software
The startup initially set out to build better, faster, and cheaper surveying hardware in 2021.
Tarun Mottlia
Oct 21, 2026
India’s GCCs move up the value chain with product development and IP creation
India’s Global Capability Centres are moving beyond services to build products and intellectual property for global markets.
Tarun Mottlia
Oct 21, 2026
Orange outage cuts mobile calls and data for customers across France
Calls, texts and data failed for Orange and Sosh users from about 11:20 CEST on Wednesday, with no cause given.
Tarun Mottlia
Oct 21, 2026
Civil servant admits he 'made mistakes' juggling five government jobs
Kashim Chowdhury was contracted for 183 hours a week, more than the number of hours in seven days.
Tarun Mottlia
Oct 21, 2026
EU opens Digital Services Act investigation into Booking.com over scams
The European Commission is investigating whether Booking.com does enough to stop fake listings and phishing scams under the Digital Services Act.
Tarun Mottlia
Oct 21, 2026
Exclusive: ServiceNow and Nvidia launch Arc, a new AI agent for enterprise
The two companies are trying to solve the AI agent security conundrum with multiple layers of real-time security checks.
Tarun Mottlia
Oct 21, 2026
Booking.com targeted in EU investigation into phishing scams, fraudulent listings
The Commission, which is the EU tech and competition enforcer, said it opened an investigation following a preliminary probe and after analysing risk assessment reports submitted by Booking.com this year and the…
Tarun Mottlia
Oct 21, 2026
SpaceX revenue rises 161% to $14.6B as AI business overtakes Starlink
Musk’s company swung to a $4.4bn profit, with computing power rented to AI firms now half of sales.
Tarun Mottlia
Oct 21, 2026
Eternal Q2 Results: Profit soars 92% YoY to Rs 125 crore; revenue zooms 78%
Eternal Q2 Results: Eternal, the parent company of Zomato and Blinkit, reported a 92.3% year-on-year (YoY) jump in net profit to Rs 125 crore in the second quarter of FY27 (Q2FY27), compared with Rs 65 crore in the…
Tarun Mottlia
Oct 21, 2026
Inflation and borrowing data illustrate chancellor's Budget challenge
The economic figures released on Wednesday show the constraints for John Healey as he puts the finishing touches to his Budget.
Tarun Mottlia
Oct 21, 2026
AI agents start paying supplier invoices in Visa, BILL and Billtrust pilot
The agents complete payments buyers have already approved, without shared portal logins or CAPTCHAs. The pilot is processing real transactions between BILL buyers and Billtrust suppliers.
Tarun Mottlia
Oct 21, 2026
Cloudflare passes 10 million developers, up 35% in a quarter
The company tied the jump in Cloudflare developers, from 7.4 million, to AI agents. Daily agent requests on its network grew more than 1,700% in a year, it said.
Tarun Mottlia
Oct 21, 2026
Netflix forecasts weak Q4 profit and cuts its 2026 ad sales target to $2.7B
Shares fell almost 6% after hours as co-CEO Ted Sarandos said the streamer “could do better” in the US.
Tarun Mottlia
Oct 21, 2026
Can Europe Build Data Centers Without Giving Up Its Climate Goals?
A plan to funnel the heat given off by data centers into nearby homes has run aground in Germany. Across Europe, policymakers are weighing AI ambitions against climate objectives.
Tarun Mottlia
Oct 21, 2026
Boeing’s 737 Max 10 wins FAA approval after years of delays
Boeing’s 737 Max 10 jet receives FAA approval, positioning it as a key competitor to Airbus’s A321neo. Here’s what it means for the market.
Tarun Mottlia
Oct 21, 2026