Elon Musk’s startup xAI is trying to raise a $4.3 billion equity investment, according to a report from Bloomberg. This equity funding would be in addition to the $5 billion that Musk is allegedly trying to raise in debt funding for the combined entity of X and xAI.
Apple is reportedly delaying the launch of the iPhone Air 2. The Information reports that Apple recently “notified engineers and suppliers that they were taking the next iPhone Air off the schedule without providing a new release date.” The report cites “three people involved in the project.” iPhone Air 2 release delayed The second-generation iPhone Air was initially set to launch next fall alongside the iPhone 18 Pro and iPhone Fold. According to The Information, the… Source link
The 245th Report of the Parliamentary Standing Committee calls for a review of the IT Act 2000 since many of the serious offences are bailable; it has recommended amending the Act to make the offences severely punishable and to make intermediaries responsible for compensating victims, notes former Central Board of Indirect Tax & Customs chairman Najib Shah. Source link
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