TRUMP ASKS GOOGLE CEO
Anthropic's rapid growth comes with an $80 billion loss and growing concerns about AI risks
Anthropic filed for an initial public offering, reflecting rapid revenue growth amid significant financial losses. The company reported a 1,300% revenue increase, reaching $16.3 billion in the first half of 2026. However, it also encountered a net loss exceeding $80 billion due to high costs in AI development. Risks associated with AI technology are increasingly becoming a concern for potential investors.
Anthropic's filing for blockbuster US IPO shows key executives and board
In a significant step forward, Anthropic has filed for a US initial public offering, with hopes for a mid-November listing. Amid rising interest rate concerns and investor scrutiny over AI sector stock performance, the company is backed by a formidable leadership team. Co-founders Dario and Daniela Amodei lead this endeavor, promising a noteworthy entry into the public market for Anthropic.
Rapido bike taxis may be banned in Pune as police ask Google, Apple to remove app
Pune police have approached Google Play Store and Apple’s App Store to remove Rapido bike option from app amid a crackdown on its bike taxi operations. The move follows a directive from Pune Collector and RTA chairperson Jitendra Dudi. Commuters have questioned the proposed shutdown, citing public transport gaps, while autorickshaw unions have raised concerns about rider verification and passenger safety.
Global PE giant L Catterton invests in Glance as AI reshapes shopping
L Catterton, which manages about $40 billion in equity capital, said the deal reflects its research into how AI is reshaping product discovery and purchasing. The firm plans to support Glance’s expansion, particularly in the U.S., drawing on its operating expertise and global network.
Canada taking advantage of US, but getting close to deal: Donald Trump
US President Donald Trump accused Canada of exploiting the United States through trade imbalances, claiming Ottawa had made $90 billion annually at Washington's expense for years. Speaking ahead of a Michigan rally, Trump said negotiations were progressing towards a deal, but stressed he wanted a long-term agreement favourable to the American economy.
Trump names JD Vance, Marco Rubio among potential 2028 contenders
Donald Trump mentioned possible candidates JD Vance and Marco Rubio for the Republican presidential nomination in 2028. He asserted that the GOP has a strong lineup compared to the Democrats. While addressing the media, he reiterated concerns over global energy security amid the Russia-Ukraine war. The upcoming midterm elections will significantly influence political power in Congress. Trump's declining approval ratings pose challenges for his legislative agenda as the elections approach.
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Four ways US foreign policy could change if Democrats win in November
Nonpartisan analysts predict that Democrats could gain control of the US House and possibly the Senate. If successful, they could restrict President Trump's foreign policy actions regarding Iran and Ukraine and other nations. Democrats may seek to limit significant military aid to Israel and raise issues surrounding military spending. Many Democratic lawmakers are unhappy with Trump's budget choices and foreign aid cuts.
Trump says US could strike Iran 'maybe tomorrow'; doesn't rule out 'big beautiful' deal
US President Donald Trump has suggested a possible military attack on Iran could happen soon, even as he left open the prospect of a negotiated agreement. His remarks came as Iran reportedly rejected claims of a proposal to reopen the Strait of Hormuz in exchange for lifting the US naval blockade.
Trump casts his midterm ballot early in Florida
President Donald Trump cast his midterm ballot in Florida, saying he voted for Republicans across the ticket before heading to campaign in Georgia. He also defended several GOP candidates and election-related legal moves, while reiterating that the US could either reach a deal with Iran or resume military action.
Donald Trump votes early in Florida for US midterm elections 2026. Watch video, see photos
US midterm elections 2026: Donald Trump also rallied for Republicans in competitive races in Alaska, Iowa, Montana and South Carolina. He is set to visit Mississippi on Monday.
Why are Android phones showing Google Play system update dated January 2027? What Samsung, Pixel, Vivo and other users need to know
Google Play system updates are showing a January 1, 2027 date on several Android devices, including the Google Pixel 8 Pro, Vivo X300 Ultra and older phones running Android 12. The unexpected date has sparked discussions on Reddit and other social media platforms, raising questions about whether Google has rolled out an update early or if the date is incorrect.
US has for years asked Musk to alter Starlink service in Ukraine, Middle East, sources say
Multiple requests were made by the Biden and Trump administrations for SpaceX to adjust Starlink services across different regions. These requests included both restricting access to adversarial groups and providing access to allies and civilians. Notably, officials expressed concerns about Starlink being used by Iranian proxy forces, which the US aimed to counteract. Additionally, Ukraine's military access to Starlink has recently been limited, raising alarms among European officials.
Trump ordered to sit for deposition in $10b BBC lawsuit – his previous $10b case against CBS ended in a $16m settlement
President Trump has been ordered by a federal judge to sit for a deposition by December 11. The order comes after the BBC claimed that Trump was stalling in his defamation lawsuit against them. Trump's lawsuit concerns an edit of a documentary aired by the BBC that he alleges depicts him falsely. While the BBC has issued an apology, the broadcaster maintains that Trump did not suffer any damages.
Could the Atlantic Ocean soon have a new name as Trump suggests changes? Here's what Trump says Google CEO did to his proposal
President Donald Trump recently proposed renaming the Atlantic Ocean during a rally in South Carolina. He discussed his conversation with Google CEO Sundar Pichai about officially changing the ocean's name. Pichai reportedly expressed concerns about renaming an ocean that spans multiple countries. Despite thinking about it, Trump indicated he would probably leave the Atlantic Ocean's name unchanged. The conversation and the proposal leave the ocean's name as it currently stands.
Shelved plan to rename Atlantic after Sundar Pichai's no: Donald Trump
Addressing a rally in South Carolina on Wednesday, Trump appeared to suggest that his move to rename Lake Ontario as Lake America had encouraged him to consider renaming the Pacific or Atlantic Ocean.
Meet Dennis Woodside, who began his career as M&A lawyer in 1990s; decades later, he became CEO of Freshworks after leadership roles at Google and Dropbox
Woodside went to Cornell University and studied industrial relations. Later, he earned a law degree from Stanford Law School. He started his professional career as an M&A lawyer in the 1990s. He later moved into management consulting at McKinsey & Company. He joined Google in 2003. There, he spent more than a decade in sales and strategy leadership roles.
WATCH: Trump snubs CNN anchor Kaitlan Collins over questions on Russia sanctions and release of American citizen in viral video; here’s what we know about her
Trump confronted CNN reporter Kaitlan Collins regarding sanctions and a hostage situation. He dismissed her inquiries and targeted CNN's credibility, asserting that sanction waivers were crucial for negotiating the release of Stephen Hubbard, an American held in Russia. Collins has previously garnered Trump's criticism, reflecting their strained relationship as she continues to cover influential political events.
"Not negotiating": Trump says "something will happen fairly soon" with Iran, as US mulls fresh strikes
US President Donald Trump indicated that there are no negotiations occurring with Iran at this time. He mentioned that something significant will happen fairly soon, possibly after the midterm elections. Reports suggest that the US and Israel have developed plans for potential military strikes against Iran's nuclear facilities and infrastructure. Iran has warned of retaliation, anticipating a new weapon, the 'Father of All Bombs.'
Glance to be integrated by default on Android TVs in US, India, Japan in partnership with Google
Under the collaboration, Glance will transform idle TV screens into interactive shoppable storefronts across fashion, travel, food, wellness, and other lifestyle categories.
Beijing blasts US sanctions on 5 Chinese firms tied to ex-Google engineer
The Trump administration's recent sanctions on five Chinese companies have drawn firm opposition from Beijing, with ties to Linwei Ding, who faces charges of trade secret theft from Google. The U.S. State Department pointed out that significant violations occurred after January 2023. China's commerce ministry firmly defended their AI progress as a product of independent innovation, signaling potential responsive actions without revealing specific plans yet.
'Zelenskyy has to want to settle this war,' says Trump; highlights Russian territorial gains in conflict
Donald Trump urged Ukrainian President Volodymyr Zelenskyy to pursue peace negotiations with Russia, warning of dire consequences. He criticized the lack of return on American financial support for Ukraine amid ongoing economic struggles. Trump indicated that Russia is interested in negotiating while making territorial gains. He proposed a potential trilateral meeting with Russian President Vladimir Putin and Chinese President Xi Jinping.
Meta's global affairs officer Joel Kaplan to leave company after 15 years
Kaplan was elevated to Meta's top policy role in January last year, as the social media giant rolled back US fact-checking, ended diversity initiatives and sought closer ties with Trump.
Cognizant, Google Cloud expand partnership to drive agentic AI adoption
The group brings together a dedicated global workforce that pairs Google's full-stack, enterprise-ready AI platform with Cognizant's domain, industry and engineering expertise as an AI-builder, according to a release.
Former Google CEO Eric Schmidt owns 1% stake in Anthropic: Report
In its IPO prospectus seen by Reuters in September, Anthropic laid out a vision that AI will transform the global economy more profoundly than industrialisation, electricity and the internet.
Trump fires Katie Zacharia just a week after White House hiring; she gave only one briefing, admits failing bar exam
Katie Zacharia's tenure as White House press secretary was abruptly cut short just a week after her appointment by Donald Trump. Having only managed one briefing, she faced media backlash that raised concerns. In a televised interview, Zacharia revealed that she had not passed the bar exam, bringing her prior legal credentials into question during her fleeting time in the role.
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