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Startup and business news: launches, pivots, founders, fintech, commerce and the markets they operate in.

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Business

Waymo ditches Uber in Austin and Atlanta starting January 2028

Waymo will exit its Uber partnership in Austin and Atlanta in January 2028 and offer robotaxi rides through its own app after riders complained of inconsistent…

Tarun Mottlia

Nov 5, 2026

3 min
Business

Frammer AI partners with Collective Newsroom to automate BBC News video workflows in India

Frammer AI and Collective Newsroom collaborate to enhance video production and distribution for BBC News in India using AI-driven automation.

Tarun Mottlia

Nov 5, 2026

2 min
Business

Foxconn targets 50% of global AI server market within two years

Foxconn plans to expand its AI server market share to 50% within two years and expects AI infrastructure to generate 60-65% of its revenue in 3-5 years.

Tarun Mottlia

Nov 5, 2026

2 min
Business

Farouk Ibrahim’s work contributes to $8M OpenInsured seed round

Nigerian AI specialist Farouk Ibrahim’s role at US-based OpenInsured contributed to its $8M seed round.

Tarun Mottlia

Nov 5, 2026

5 min
Business

3M to pay $7.35B to settle PFAS injury claims for up to 120,000 plaintiffs

3M will pay $7.35 billion over nine years to settle personal injury claims linked to PFAS exposure, covering up to 120,000 plaintiffs.

Tarun Mottlia

Nov 5, 2026

2 min
Business

STATION F startups raise record €2 billion as campus unveils 2026 Future 40 cohort

Europe’s largest startup campus STATION F reports a record €2 billion raised by its ecosystem in 2026, with the 2026 Future 40 cohort raising €110 million.

Tarun Mottlia

Nov 5, 2026

4 min
Business

Freshworks reports $18.3 million net profit in Q3 2026, raises full-year revenue outlook

Freshworks swung to a $18.3 million net profit in Q3 2026, with revenue up 14% to $245.4 million.

Tarun Mottlia

Nov 5, 2026

4 min
Business

Snap hits 30 million paid subscribers but shares fall 12% on weak ad revenue

Snap surpassed 30 million Snapchat+ subscribers in Q3 2026 but missed ad revenue and user growth estimates, causing a 12% share price decline.

Tarun Mottlia

Nov 5, 2026

4 min
Business

British pound reaches highest level since Brexit referendum

The pound sterling rose to its highest level since June 2016, driven by political stability, economic growth, and improved UK-EU relations.

Tarun Mottlia

Nov 5, 2026

2 min
Business

FitLab Inc. files for Chapter 11, blames Nike partnership loss and Trump tariffs

FitLab Inc. files for Chapter 11 bankruptcy, citing the loss of its Nike partnership and Trump-era tariff disruptions.

Tarun Mottlia

Nov 5, 2026

4 min
Business

Post-2026 election U.S. venture funding drops to 2% for red states, Crunchbase data shows

Crunchbase data reveals post-2026 election red states received just $8.6B in venture funding—less than 2% of the U.S.

Tarun Mottlia

Nov 5, 2026

3 min
Business

Kellogg’s swaps whole rice for corn flour in UK Rice Krispies amid climate challenges

Kellogg’s has reformulated Rice Krispies and Coco Pops in the UK by replacing whole rice grains with corn and rice flour, citing climate-related supply…

Tarun Mottlia

Nov 5, 2026

4 min
Business

How small businesses can identify and prevent payment scams

Payment scams targeting small businesses are increasing, with fraudsters using stolen cards and phishing tactics.

Tarun Mottlia

Nov 5, 2026

4 min
Business

The Plan Beyond builds family continuity platform to address unclaimed assets gap

The Plan Beyond aims to address India’s Rs 1.84 lakh crore unclaimed assets gap with a platform for family continuity, set to launch in December 2026.

Tarun Mottlia

Nov 5, 2026

3 min
Business

Arista Networks Q3 2026 revenue surges 58.5% YoY to $3.66B on AI networking demand

Arista Networks Inc. reports record Q3 2026 revenue of $3.66 billion, a 58.5% YoY increase, driven by AI networking and campus segments.

Tarun Mottlia

Nov 5, 2026

2 min
Business

India approves ₹2,814 Cr scheme to boost domestic lithium and nickel processing

The Union Cabinet approves a ₹2,814 Cr scheme to promote domestic lithium and nickel processing facilities, aiming to reduce import dependence and support…

Tarun Mottlia

Nov 5, 2026

3 min
Business

IFC backs 15 African agritech firms with equity and risk-sharing guarantees

IFC launches a continental framework to support 15 African agritech companies with equity investments and risk-sharing guarantees, aiming to reduce food…

Tarun Mottlia

Nov 5, 2026

4 min
Business

Currys expands Black Friday sale with discounts on Dyson, Samsung, Acer and more

Currys has expanded its Black Friday sale with new discounts on tech, appliances and gaming products from Dyson, Samsung, Acer and others, plus a price…

Tarun Mottlia

Nov 5, 2026

3 min
Business

Bakingo revenue grows 35% to Rs 405.8 crore in FY26, losses double to Rs 37 crore

Bakingo reported 35% year-on-year revenue growth to Rs 405.8 crore in FY26, but losses doubled to Rs 37 crore due to rising costs.

Tarun Mottlia

Nov 5, 2026

3 min
Business

Google to invest $15B in Malaysia for data centres and cloud infrastructure

Google will spend $15 billion in Malaysia over 2027-2028 to expand data centres, cloud operations, and infrastructure, creating jobs and boosting the economy.

Tarun Mottlia

Nov 5, 2026

3 min
Business

Phaze raises $8.75M to let AI and humans share high-performance workstations

Phaze secures $8.75M in seed funding to let AI agents and employees share remote workstations, reducing hardware waste. Led by Andreessen Horowitz.

Tarun Mottlia

Nov 5, 2026

4 min
Business

Sequoia Capital merges teams, shuts London office and scraps Arc accelerator in major refocus

Sequoia Capital raises ~$10B in new funds while merging early-stage and growth teams, shutting its London office, and ending its Arc accelerator and Scouts…

Tarun Mottlia

Nov 5, 2026

3 min
Business

NextDC shares soar nearly 51% after Goodman, Digital Realty stake purchases

NextDC shares surged nearly 51% Thursday morning after Goodman Group and Digital Realty sought to acquire up to a 9.9% stake.

Tarun Mottlia

Nov 5, 2026

1 min
Business

Royal Mail unveils 2026 Christmas stamps with Nativity scenes

Royal Mail introduces its 2026 Christmas stamps, designed by Gareth Howat and Rebecca Sutherland, celebrating 60 years of festive special editions.

Tarun Mottlia

Nov 5, 2026

2 min

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