Category: Business

📍 Mumbai, India — Amazon announced on Thursday that it has completed the acquisition of Bengaluru-based non-banking financial company Axio, marking a significant expansion of its fintech footprint in India. The deal, approved by the Reserve Bank of India in June, was finalized for an undisclosed amount. Axio, formerly known as Capital Float, specializes in […]

In the past few years, governments across the world have rolled out different digital identification options, and now there are efforts encouraging online companies to implement identity and age verification requirements with digital ID in mind. This blog is the second in a short series that explains digital ID and the pending use case of age […]

This statement can be attributed to EFF Senior Staff Technologist Cooper Quintin It was recently reported by Jack Poulson on Substack that ICE has reactivated its 2 million dollar contract with Paragon Solutions, a cyber-mercenary and spyware manufacturer.  The reactivation of the contract between the Department of Homeland Security and Paragon Solutions, a known spyware […]

📍 San Francisco, California — Artificial intelligence firm Anthropic has closed a $13 billion Series F funding round, bringing its post-money valuation to $183 billion. The raise marks the largest single investment in deep tech and AI this year and positions Anthropic among the fastest-growing technology companies in history. Led by Iconiq Capital and co-led […]

📍 Washington, D.C. — The United States has revoked a key export waiver previously granted to Taiwan Semiconductor Manufacturing Company (TSMC), restricting its ability to ship chipmaking equipment and supplies to its facility in Nanjing, China. The decision, effective December 31, 2025, eliminates TSMC’s Validated End User (VEU) status, which had allowed streamlined shipments without […]

Banana giant Chiquita Brands has announced plans to restart operations in Panama following mass layoffs earlier this year that affected over 6,000 workers. The decision comes after months of halted production in the western province of Bocas del Toro, triggered by a labor strike linked to nationwide pension reform protests. Chiquita will invest $30 million […]

Japanese medical technology company Terumo Corporation has announced the acquisition of Oxford-based OrganOx, a leading innovator in organ preservation devices, in a deal valued at approximately £1.1 billion ($1.5 billion USD). Founded in 2008 as a spinout from the University of Oxford, OrganOx specializes in Normothermic Machine Perfusion (NMP) technology, which enables donor organs to […]

In April, WhatsApp launched its “Advanced Chat Privacy” feature, which, once enabled, disables using certain AI features in chats and prevents conversations from being exported. Since its launch, an inaccurate viral post has been ping-ponging around social networks, creating confusion around what exactly it does. The viral post falsely claims that if you do not […]

U.S.-based beverage company Keurig Dr Pepper has announced a definitive agreement to acquire Dutch coffee firm JDE Peet’s for €15.7 billion in cash, marking one of Europe’s largest consumer sector deals in recent years. Under the terms of the transaction, Keurig will pay €31.85 per share—a 33% premium over JDE Peet’s 90-day average stock price. […]

France’s largest air traffic controller union, SNCTA, has confirmed a nationwide strike scheduled for September 18–19, 2025, following a breakdown in negotiations with the Directorate General for Civil Aviation (DGAC). The union, which represents around 60% of controllers, cited unresolved grievances over pay and management practices. It is demanding salary adjustments to reflect 2024 inflation […]