GOOGLE TALK
Sarvam names Google Cloud India head Sashikumar Sreedharan as president & chief business officer
Sashikumar will additionally join Sarvam's board of directors. He will lead the company's business across enterprises and government, while expanding its engagement with digital-native companies, developers and partners.
Google says new Australian internet safety bill could cut off under-18s from Gmail
Australia's new internet policy may hold companies accountable for combating harmful content, imposing hefty fines for non-compliance. Google has warned that this could lead to strict age verification for email services. Other tech giants like Meta, TikTok, and Snap have echoed concerns about the potential for overzealous content moderation. While the Australian government emphasizes the need for these safeguards, critics fear the broad regulations could prompt excessive content removal.
Premji's deeptech bets; Razorpay gets IPO nod
Happy Thursday! Premji Invest is stepping up its bets on defence and aerospace manufacturing.This and more in today’s ETtech Morning Dispatch.
US Midterms 2026: Cost of living and government corruption are top issues, AP Voter Poll says
Voters are participating in Election Day to influence control of the U.S. House and Senate. Many electorate members express dissatisfaction with the current economic situation attributed to Trump's policies. Polls indicate a significant desire for checks and balances on the presidency from Congress. Various gubernatorial candidates, along with major ballot measures, also shape the election landscape. Early voting statistics show heightened engagement compared to previous elections and reflect voter concerns.
Chip startup Agrani Labs looks to raise $108 million from Peak XV, Google, Samsung
Peak XV Partners is leading the round and is expected to contribute more than half of the total funding. Google, HCL Tech, Samsung Ventures and Stargazer, an investment firm set up by Groww's founders, are also expected to participate, the people cited above said.
Apple’s robust India quarter; Giva’s $100 million funding
Apple posted record sales in India in the September quarter. This and more in today’s ETtech Top 5.
Marvell to buy Lumentum in $115 billion deal in AI data-center bet
Marvell Technology is poised to acquire Lumentum in a groundbreaking all-stock transaction worth $115 billion. This strategic acquisition is intended to position Marvell more competitively against Broadcom in the rapidly growing AI sector. With this expansion, Marvell anticipates boosting its optical components production to satisfy the escalating demand in data transfer spurred by AI innovations in data centers.
Why are Marvell and Lumentum share prices down over $115 billion acquisition?
Marvell and Lumentum shares have dropped after Marvell announced that it will be acquiring Lumentum in a $115 billion all stock deal. Marvell will be able to expand its AI data centre and optical networking technologies after the acquisition. The acquisition will help Marvell compete with Broadcom successfully. The investors are now looking at the cost of the acquisition, debt, dilution and integration risks.
Iran's supreme leader warns US, Israel against new attacks
Iran's supreme leader has warned that any further military strikes from the US or Israel will trigger a robust retaliation. He underscored the necessity of being ready to respond at all times. As both nations prepare for upcoming elections that may reshape their diplomatic strategies, Qatar and Pakistan are stepping in as mediators to avert escalating tensions amid ongoing military activities.
Google in talks to join Trump’s Golden Dome defense program
Google is in early talks with the Pentagon regarding involvement in the Golden Dome missile defense program. The initiative aims to secure critical data for military software and infrastructure. Multiple companies, including Aalyria Technologies, are likely to collaborate in this effort. Command-and-control software will connect various weapon systems and defense technologies across the military. Google’s previous hesitations with defense work seem to be changing as it pursues new agreements.
Tech firms take fresh hit as earnings misses fan AI fears
Tech firms were again on the back foot Friday after another round of disappointing earnings from Wall Street titans fanned already deep concerns about the AI investment boom. "The concern isn't that AI demand has already slowed.
US Markets Today: US stocks end lower as Alphabet revenue miss revives AI capex jitters
Wall Street ended the day on a sour note, as Alphabet's revenue shortfall cast a shadow over the AI investment landscape and overall market stability. The Nasdaq Composite was hardest hit, plummeting by 1.36 percent. Although the economy shows robust growth, investor focus shifted to inflation numbers and corporate profitability, which displayed resilience.
US stocks today: Nasdaq slides over 1% as Alphabet's AI spending revives investor concerns
The Nasdaq Composite dropped over 1% as Alphabet reported disappointing advertising results. The downturn was worsened by software stocks, which fell following Fortinet and ServiceNow's unfavorable quarterly performances. Rising AI spending concerns and inflation data also impacted investor sentiment. On a brighter note, Eli Lilly's shares surged due to strong revenue forecasts, while Caterpillar faced declines as it kept its annual sales forecast steady.
Google's Nvidia chip challenge boosts cloud sales, crimps cash flow
The trade-off, outlined by finance chief Anat Ashkenazi on Alphabet's post-earnings call on Wednesday, offers an early look at the costs of a business that has emerged as one of the company's biggest growth areas as investors fret over AI's threat to its lucrative search advertising business.
‘I am a loser’: Techie shares what she did after Google interview rejection, gains 1 million followers
Engineer and content creator Nidhi Kunwar lost her parents at 10 and faced nine months of unemployment after college. Following a Google interview rejection, she began posting videos online, gaining over one million Instagram followers in a year. Today, she supports her brother’s education, helps her grandparents and enjoys financial independence through content creation.
Global Market Today: Asian shares fall as Alphabet earnings miss drags Wall St futures lower
Asian markets faced a downturn following a mix of earnings results, stirring concerns as investors await Amazon and Intel's performance. Alphabet saw its stock plunge due to weak cash flows, while Microsoft benefited from stronger-than-anticipated earnings. Despite Samsung Electronics achieving impressive operating profit growth linked to AI chip demand, its shares also slipped.
Aravind Srinivas looked up to Google CEO Sundar Pichai before building Perplexity AI; how an unexpected detail stayed with him
Aravind Srinivas co-founded Perplexity AI in 2022 with Andy Konwinski, Denis Yarats and Johnny Ho. They initially experimented with tools that allowed users to search Twitter data through natural-language questions. They later shifted towards general web search. Perplexity was launched in 2022 and its search engine used AI to generate direct answers with citations and links to sources.
Exclusive | Cognizant in talks to invest in Indian AI startup Sarvam valuing it at $3.5-4 billion: sources
Cognizant’s potential investment in Sarvam comes as advances in agentic AI raise questions about the future of the IT services industry. AI agents are increasingly capable of automating tasks across software development, application maintenance and back-office operations, potentially disrupting traditional outsourcing models.
Cognizant eyes Sarvam stake; Ather aims for higher market share
Happy Wednesday! Cognizant has held discussions to invest in homegrown AI startup Sarvam. This and more in today’s ETtech Morning Dispatch.
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