Venture capitalists have convinced themselves they’ve found the next big investing edge: using AI to wring software-like margins out of traditionally labor-intensive services businesses. The strategy involves acquiring mature professional services firms, implementing AI to automate tasks, then using the improved cash flow to roll up more companies.
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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