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PB Fintech, the parent company of Policybazaar and Paisabazaar announced its Q1 FY27 results today. The company reported a 92% year-on-year jump in profit after tax to Rs 163 crore. The Gurugram-based company posted operating revenue of Rs 1,888 crore in Q1 FY27, a 40% increase f

Reddit is enlisting AI to help moderate new subreddits — and eventually the rest of site. The company is introducing automated moderation tools that rely on LLMs to help mods manage their communities, and it’s expanding who can use those tools today ahead of a full launch later t

Solving the "Noisy Neighbor": How Sharded Architecture Protects Multi-Tenant Platforms Sri Harshini Donthineni Cloud Data Engineer, Google Cloud Abdullateef Abdulsalam Cloud Data Consultant, Google Cloud Whether you are a multi-tenant SaaS provider, a large enterprise managing in

Scaling agentic AI: How UiPath built its high-performance GPU platform on AI Hypercomputer Abhijeet Rajwade Senior Customer Engineer, AI Infrastructure Jason Morrison Principal for AI Partnerships, UiPath As a market leader in enterprise agentic automation and business orchestrat

Dive Brief: - Under Armour has named six-member K-pop boy band BoyNextDoor as global brand ambassadors, according to a Thursday press release. - The partnership will promote a regional rollout of Under Armour’s Bouncy Tee across Asia-Pacific as part of its Commit campaign. The ca

Dive Brief: - Sales declines at Michael Kors made a dent in Capri Holdings’ Q1, as the company's total revenue in the period fell 3.5% year over year to nearly $770 million. - Michael Kors revenue tumbled over 7% to $590 million, while Jimmy Choo revenue surged more than 10% to

E-commerce software maker Shopify seems to be benefiting handily from people using AI to search. On the company’s second-quarter earnings call, Shopify President Harley Finkelstein said AI has become a “complement to search, rather than a substitute for it,” and had particularly

Beauty and personal care (BPC) brand Typsy Beauty has secured ₹20 Cr ($2.1 Mn) in a fresh funding round led by Saama Capital, with participation from Genesis Luxury founder Sanjay Kapoor and SRF Family Office. Existing backers, including Bottomline Media founder and CEO Tanaaz Bh

Bank of America CEO Brian Moynihan on Wednesday called the recent near collapse of high-flying AI hedge fund Situational Awareness a warning shot for financial markets that are being fueled by elevated valuations and borrowed money. Situational Awareness, led by Leopold Aschenbre

Off the Wire Press Releases PALO ALTO, Calif., Aug. 5, 2026 — D-Wave Quantum Inc. today announced a major research breakthrough advancing the path to practical, fault-tolerant gate-model quantum computing. Published in the peer-reviewed scientific journal Nature, the research dem

The U.S. Department of Energy has selected IBM for a Phase I Genesis Mission project focused on AI-assisted quantum application development. The company also plans to provide up to $50 million in access to IBM quantum systems for DOE national laboratories and their partners over

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Use BBC.com or the new BBC App to listen to BBC podcasts, Radio 4 and the World Service outside the UK. Find out how to listen to other BBC stations Episode details Radio 5 Live,·05 Aug 2026,·59 mins Which PM punched John Simpson? Matt Chorley's Urgent QuestionsPlayBookmarkB

Hark, a startup that raised $700 million in Series A funding in May, today launched its agent Hark Handoff, which can use a browser efficiently to complete tasks. The company claims that Handoff can easily navigate websites that have no official APIs, including Target, Walmart, O

Off the Wire Press Releases Aug. 5, 2026 — Governor Kathy Hochul today announced that Empire AI Beta is officially online, giving researchers at New York’s leading public and private universities access to the most powerful academic research computer in the country and marking a

Amid heated debate over the imposition of merchant discount rates (MDR) on UPI transactions, the Reserve Bank of India’s (RBI) governor Sanjay Malhotra has informed that talks of the same are at a premature stage right now. “It is very premature to talk right now. The government

Off the Wire Press Releases Aug. 5, 2026 — The U.S. Department of Energy has selected Oklahoma State University’s College of Engineering, Architecture and Technology as one of the first projects funded under the Genesis Mission Request for Applications. The national portfolio of

Marvell used FMS 2026 to introduce new memory infrastructure technologies aimed at helping hyperscalers and cloud providers scale memory independently from compute. The portfolio spans server-level AI storage, rack-scale CXL memory expansion and pooling, and pod-level optical sha

Google Assistant’s days have been numbered for a while, but the company has now settled on a date to retire its pre-AI assistant robot. In an email being sent out to users, Google confirms that Assistant on Android devices will be shut down starting on September 4, forcing everyo

Disney could soon make a bigger play into advertising. During an earnings call with investors on Wednesday, CEO Josh D'Amaro said the company is exploring a free, ad-supported streaming product for consumers. "We see it as a way to expand our reach to a customer segment that's mo

Dive Brief: - Mattel reported Q2 net sales were up 10% year over year to $1.1 billion, according to a Tuesday press release. - The toy company reported a net loss of $18 million, compared to a net income of $53 million in the year-ago period. - Mattel is launching a campaign dubb

Insight and analysis on the data center space from industry thought leaders. Europe Has Built Sovereign AI Infrastructure. It Didn’t Build the Ability to Govern It. Converging EU and US regulations now demand demonstrated operational control and individual accountability over AI

Yet more rogue AI agents from OpenAI and Anthropic have been caught attempting to hack real targets online without permission. The discoveries add to a growing list of previously unknown incidents that have alarmed AI safety experts and intensified pressure for greater oversight

The News Abdul El-Sayed’s win in Michigan marks the second primary defeat of a candidate backed by Chuck Schumer — and adds to the Senate minority leader’s potential detractors next year. El-Sayed wants to replace Schumer atop the caucus with Sen. Chris Van Hollen, D-Md. Includin

Mario Vargas Llosa: A Life by Gerald Martin. This biography of the Nobel Prize-winning Peruvian novelist follows not only Llosa’s personal and artistic trajectories, but also his political journey (from the far left to the far right) and his physical one (from “posh Lima,” in the

Dive Brief: - Best Buy appointed retail industry veteran and former Nordstrom CFO Anne Bramman, 58, as its next finance chief, effective Aug. 19, according to a Monday press release. - The Minneapolis-based consumer technology retailer’s previous long-time CFO Matt Bilunas left t

Nearly a year ago, Zoox opened its robotaxi service to the public in Las Vegas. Now, it is ready to start charging for those rides. The Amazon-owned autonomous vehicle technology company said that it will start charging for rides in Las Vegas starting August 10, marking the launc

At our past TechCrunch Disrupt events, AI has taken center stage, both throughout our programming and in a stage of its own. This year, the technology, implications, and players are so rapidly developing and widespread that we’re expanding the single AI stage into two! The AI Sta

Two 10-month-old Fijian girls arrived in Riyadh at the end of July on what could be a life-changing journey. Jesibel and Desisia are conjoined from below the sternum to the pelvis; they have been admitted to the King Abdullah Specialist Children’s Hospital, where a team will asse

Dubai’s population has surpassed its prewar level, countering the narrative that the Iran conflict would drive out the city’s expats. After an initial exodus — and a brief windfall for armored vehicle escorts and private jet operators — the loss of 61,000 residents was quickly re

Non-oil business activity in some of the Gulf’s largest economies rebounded in July, according to S&P Global’s latest surveys. The snapshot of firms’ output, which includes measures like new orders, buying, and hiring, indicated that, as hostilities eased at the start of the mont

Reliance Retail (RRVL) has acquired Bengaluru-based fashion discovery platform Furrl in an all-cash deal for an undisclosed sum, bringing the startup’s proprietary AI styling platform into its ecosystem. Under the terms of the agreement, Furrl’s entire team will join RRVL. Founde

The US military is set to officially add laser weapons to its arsenal as drones reshape warfare. Lasers have long been the stuff of science fiction battles, but are yet to be used in combat after 50 years of testing — although the British navy is close to deploying a weapon on so

Africa’s glaciers have shrunk by more than 90% since the late 19th century. The continent has relatively few snow-capped peaks; Kilimanjaro and Mount Kenya in East Africa and the Rwenzori Mountains on the Uganda-DRC border are the only glaciers. Africa is warming faster than the

Romanian naval forces blew up part of the drought-hit Danube river to channel water towards a nuclear plant. The Danube has fallen to record lows after successive European heatwaves, wreaking havoc on both Romanian and Hungarian reactors that rely on the river for coolant. At Hun

Major PC makers are turning to Chinese chip manufacturer CXMT faced with a global memory shortage. AI-driven data center buildouts are expected to take up 70% of all memory chip production in 2026, a level of demand that has tripled DRAM costs in the last 18 months. The impact on