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Sachin Bansal’s Navi hires banks for a $315m IPO, four years after his first attempt stalled

Navi, the Indian fintech founded by Flipkart co-founder Sachin Bansal, has hired banks for an initial public offering of about $315m, according to a Bloomberg report. It is the clearest sign yet that Bansal’s second act is finally heading for the public markets, four years after his first attempt quietly stalled. The headline number comes […]

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Revolut is building its own airport lounges, starting in Copenhagen in 2027

Revolut, the fintech that built a fortune on the promise that you would never again need to set foot in a bank, is about to start putting up buildings. The company said today that it will open its own premium airport lounges across Europe, with the first due to debut in 2027 at Copenhagen Airport, […]

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Oracle plans fresh August layoffs as its AI spending spree bites

Oracle is planning another round of job cuts this month, according to Business Insider, with some teams reportedly facing double-digit-percentage reductions. Managers have been told to identify the employees affected, and the goal is to trim payroll before 1 September, the start of the company’s fiscal second quarter. Oracle declined to comment. It is the […]

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A billion-dollar game deleted a character in 8 days. Then it had the worst month of its life

In June, Love and Deepspace took about $38m across the App Store and Google Play. In July it took just over $10m, mobilegamer.biz reported this week, citing Sensor Tower. The game slid to 16th in the monthly gacha rankings, having never before dropped out of the top five. Put that against its own history and […]

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SpaceX’s Starlink starts taking orders in Vietnam, on Hanoi’s terms

SpaceX’s Starlink has begun taking orders for its satellite-internet service in Vietnam, opening one of Southeast Asia’s fastest-growing markets to Elon Musk’s orbital broadband. It is a notable win for a business that has become SpaceX’s cash machine, though this time the company is arriving very much on Hanoi’s terms. The sums involved are not […]

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Uber is working on letting 10-year-olds ride alone

Code in the latest Uber iOS app refers to adding a tween aged 10 to 12 to an Uber Family profile, with a trusted adult contact and the option to require a grown-up at pickup. Uber says it is not a live product and that its only teen offering remains 13 to 17. Uber is […]

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Gemini has a billion monthly users. ChatGPT hit that in June and moved the goalposts

Sundar Pichai announced on Tuesday that the Gemini app had passed a billion monthly users. He called it “our fastest growing product ever” and the 14th Google product to hit the mark, alongside Search, Gmail, Android, Maps, Chrome, Play and YouTube. His post has been seen more than 1.5 million times. Google published the engagement […]

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Nvidia is building a trillion-parameter open model, and it would still be smaller than China’s

Nvidia released Nemotron 3.5 Lightning on Tuesday. It is a 30 billion parameter mixture-of-experts model with three billion active at any moment. The architecture is a hybrid of Mamba-2, MoE and attention layers, with a one million token context window. The weights are on Hugging Face and ModelScope. The licence is the part that matters. […]

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Jaguar gives the first look inside its all-electric Type 01

Jaguar has published the first interior images of the Type 01, the electric grand tourer that will end a two-year gap in which it stopped selling new cars in the UK. The car is revealed in New York on October 6, after a delay from late 2025 and an expected price of around £100,000. Jaguar […]

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