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Steve Jobs' son starts $200 million VC fund to find new cancer treatments

The firm has raised $200 million from investors and institutions including the venture capitalist John Doerr, Memorial Sloan Kettering Cancer Center, The Rockefeller University and MIT.

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IT Parliamentary Committee tables report; Ashwini Vaishnaw says data bill not referred to committee

As the digital landscape continues to evolve rapidly, such legislation would serve as a crucial protective measure, ensuring the secure and responsible handling of personal information while instilling public confidence in the digital ecosystem, the report says.

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UPI records 9.96 billion transactions in July worth Rs 15.34 lakh crore

This shows a 6.6% jump in the number of transactions via UPI from 9.34 billion in June. The value of transactions in the same period rose 4% from Rs 14.75 lakh crore.

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Davidson Kempner sends legal notice to Aakash for loan covenant breach

In the legal notice which was sent to the company last week, Davidson Kempner said it reserves the right to invoke Aakash’s pledged shares which were offered as collateral and potentially take control of the company.

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Combined annual contract value of global tech deals down 9% in Q2, says ISG

The “combined annual contract value" tracked by ISG includes both cloud-based as-a-service and managed services. The cloud demand impact also dragged the "as-a-service" bucket down by 18% to $12.6 billion.

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Prosecutors to lay out murder case against Nima Momeni in death of Cash App's Bob Lee

Assistant District Attorney Omid Talai said at a May hearing that Momeni used a knife that was part of a unique kitchen set belonging to his sister.

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Elon Musk threatens to sue researchers who documented rise in hateful tweets

An attorney representing the social media site wrote to the Center for Countering Digital Hate (CCDH) on July 20 threatening legal action over the nonprofit's research into hate speech and content moderation.

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Yellow.ai deploys 30% of global generative AI bots domestically

While markets like the US are mostly using GenAI for customer support in a bid to cut costs, India Inc. is using them as an opportunity to g...