CNBCTV

Apple is facing a federal lawsuit in the US over its promotion of Apple Intelligence, with plaintiffs alleging that the company misled consumers by advertising features that were not ready at launch. The lawsuit, filed in the US District Court in San Jose, seeks class-action status and financial compensation for those who purchased Apple Intelligence-compatible devices under false pretences.

The Allegations

The lawsuit claims that Apple engaged in false advertising and unfair competition by heavily promoting Apple Intelligence features—most notably,…

Tesla CEO Elon Musk has shared exciting updates on the company’s achievements and vision at an all-hands meeting with employees at the Texas Gigafactory.

On Thursday night, the company shared with employees a link to a Teams chat and an X livestream, with the message “Join the Company All Hands to hear about Tesla’s recent achievements and how we’re making the impossible possible.”

The meeting was livestreamed on X.

Here are the biggest takeaways from Tesla’s all-hands meeting:

Tesla Team is ‘incredible’

Elon Musk expressed his…

The Indian government is intensifying efforts to regulate online content and curb the spread of sexually explicit material, particularly concerning child sexual abuse. Union Minister for Railways, Information & Broadcasting, and Electronics & IT, Ashwini Vaishnaw, informed the Lok Sabha that several measures are being implemented under the Information Technology Act, 2000, and the IT Rules, 2021, to ensure a safer digital environment.

Stricter IT rules for online intermediaries

The Information Technology Act, 2000, already penalises the publication or…

A major cyberattack has exposed sensitive data from Oracle Cloud, a service businesses use to manage their online systems. A hacker, using the name “rose87168”, is allegedly selling six million records stolen from Oracle’s systems, a Bengaluru-based cybersecurity and threat intelligence company has found.

This stolen information includes files and passwords crucial for managing secure access to company systems.

According to the company, CloudSEK, the hacker demanded payment from over 140,000 affected companies to delete their stolen data. They…

Elon Musk, the world’s richest man and a top adviser to US President Donald Trump, was issued a summons in connection with the Securities and Exchange Commission’s lawsuit against him, a court filing on Thursday showed.

A process server gave the civil summons and other documents on March 14 to a security guard at the Brownsville, Texas, headquarters of SpaceX, the space technology company of which Musk is CEO, the filing said. An answer is due on April 4, according to the docket.

Elon Musk, the world’s richest man and a top adviser to U.S. President…

Banks and payment service providers (PSPs) must update their databases before March 31 to remove recycled or churned mobile numbers. The National Payments Corporation of India (NPCI) has directed them to use the Mobile Number Revocation List (MNRL) available on the Digital Intelligence Platform (DIP) to prevent errors and fraud risks.

Perplexity AI Inc., a startup building an artificial intelligence search engine to compete with Google, is in early talks to double its valuation to $18 billion in a new funding round, according to a person familiar with the matter.

The company has discussed raising as much as $500 million to $1 billion in the round, according to the person, who asked not to be identified because the information isn’t public. The conversations are still early and the details could change.

The Information previously reported Perplexity had received funding offers at…

The Indian government has taken a big step toward digital independence by announcing the winners of the Indian Web Browser Development Challenge (IWBDC). Launched under the Atmanirbhar Bharat initiative, the challenge aims to create a secure, homegrown web browser for Indian users.

Union Minister of Electronics and Information Technology Ashwini Vaishnaw announced the winners at an event organised by the Ministry of Electronics and Information Technology (MeitY). He emphasised India’s goal of becoming a “product nation” by developing its own…

As artificial intelligence (AI) blurs the lines between reality and replication, top Bollywood actors are legally fortifying their creative identities. Industry A-listers are now mandating contract clauses that restrict producers from using their voices, body scans, or likenesses beyond the agreed-upon scope.

The move comes amid concerns over AI-powered manipulation in dubbing, advertising, and post-production. The debate has intensified globally following the controversy surrounding The Brutalist, a Best Picture Oscar-nominated A24 film.

The Brady…

For over four decades, Ahmedabad-based Sudhir Naik has been a key figure in India’s semiconductor and electronics ecosystem. From co-founding a pioneering chip design company in 1994 to playing a crucial role in shaping India’s semiconductor landscape, his contributions have been instrumental in the industry’s growth.

From a Small Room to a Multimillion-Dollar Deal

In 1994, Naik joined his friend Pratul Shroff to establish eInfochips, a fabless chip design company that started in a single room of Shroff’s bungalow. At the time, very few…