Indian billionaire businessman; chairman and managing director of Reliance Industries
Qualcomm has unveiled a data-center CPU, announced the acquisition of Modular to boost AI software capabilities, and detailed its broader data-center AI roadmap. The moves position Qualcomm to challenge Nvidia in enterprise AI and expand its reach into cars, robots, and connected devices, while continuing its growth in China amid export-control considerations.
WhatsApp has begun reserving usernames to replace phone numbers for contact, a move the company frames as a privacy feature. Several countries are scrutinising the plan as regulators warn of potential rises in fraud and impersonation. The rollout is to be gradual this year, with high-profile handles reserved to prevent abuse.
Protests led by the Cockroach Janta Party have forced Education Minister Dharmendra Pradhan to resign over exam leaks and irregularities. The movement, born online, has mobilized millions of Gen Z followers and spurred government actions, from a high-profile task force to a renewed push for exam reforms. The developments unfold as Prime Minister Modi grapples with youth frustration and political backlash.
U.S. District Judge Nicholas Garaufis has dismissed conspiracy, securities and wire fraud charges against Indian billionaire Gautam Adani and his nephew Sagar Adani with prejudice. The case, tied to a 2024 indictment over alleged bribes and misled investors, has been officially closed; prosecutors questioned the unusual process used to reach the dismissal.
Shein has floated on the Hong Kong stock exchange at HK$48.56 a share, valuing the company at about US$26.3bn and raising roughly HK$13.6bn. Shares plunged as much as 10% on open before recovering to close marginally below the offer price. The IPO follows failed plans to list in New York and London and rising trade and regulatory costs that have squeezed margins.