Stripe and private equity firm Advent International have submitted a joint proposal to acquire PayPal in a deal valued at more than $53 billion, according to Reuters. The proposal, submitted earlier this month, offers $60.50 per share and is backed by approximately $50 billion in committed financing from a consortium of banks. Discussions remain ongoing, and there is no certainty the proposal will result in a transaction. Proposed Deal Would Expand Payments Ecosystem If completed, the acquisition would combine Stripe’s merchant-focused payments infrastructure with PayPal’s consumer payments platform, which includes more than 430 million customer accounts and the Venmo digital…
Author: Linda Jasmine
Anthropic has begun introducing Indian rupee pricing for its Claude artificial intelligence assistant, marking a step toward localizing its services in what the company identifies as its largest market outside the United States. The localized pricing has started appearing for some users on Claude’s website and mobile applications in India. However, the company has not yet enabled payments through India’s Unified Payments Interface (UPI), meaning subscribers must continue paying by credit or debit card or through Apple’s and Google’s app store billing systems. India Becomes a Growing Focus for Anthropic The introduction of local currency pricing addresses a longstanding request…
AI semiconductor startup Etched has announced that it has secured more than US$1 billion in customer commitments for its first inference computing platform, marking a significant commercial milestone as the company begins testing its custom AI hardware with early customers. The update follows the successful fabrication of Etched’s first-generation processor by TSMC, moving the company from chip development into system validation and commercial deployment. Purpose-Built Hardware for AI Inference Unlike general-purpose graphics processors, Etched’s architecture is designed specifically for AI inference—the stage where trained models generate responses after receiving user requests. Inference has rapidly become one of the largest computing…
Sony has announced that it will discontinue physical game disc production for all new PlayStation titles released from January 2028, marking a major shift toward digital game distribution. The company said games scheduled for release before January 2028 with planned physical editions will not be affected. However, all new PlayStation games launching after that date will be available exclusively through digital channels, including the PlayStation Store and authorized digital retailers. Shift Toward Digital Distribution Sony said the decision reflects changing purchasing habits among PlayStation users, with digital downloads becoming the preferred way for most customers to buy and play games.…
Lenovo has confirmed that a new version of its Legion Y700 gaming tablet will launch in China in August 2026, introducing a more compact form factor and built-in 5G connectivity to its growing lineup of Android gaming devices. The announcement follows the release of the latest Legion Y700, marketed internationally as the Lenovo Legion Tab Gen 5, which became one of the first gaming tablets powered by Qualcomm’s Snapdragon 8 Elite Gen 5 processor. While that model features an 8.8-inch display, Lenovo’s newest variant is expected to be even smaller, targeting users who prioritize portability without sacrificing gaming performance. Debut…
Eazeye has unveiled the Radiant Monitor 2, an upgraded version of its portable transflective display designed for users who need a screen that remains visible even under direct sunlight. The new monitor builds on the concept introduced with the original Radiant Monitor, combining the benefits of a traditional LCD panel with transflective technology that uses ambient light to improve visibility and reduce power consumption. Designed for Outdoor Visibility At the heart of the Radiant Monitor 2 is a 15.6-inch transflective LCD panel with a Full HD resolution of 1,920 x 1,080 pixels and a 60Hz refresh rate. Unlike conventional displays…
Electric vehicles are often praised for their near-silent operation, yet many drivers are familiar with the subtle humming, whistling and high-frequency sounds generated by electric drivetrains and power electronics. Researchers in Germany believe they have found an unexpected way to make future EVs even quieter—by using material recovered from worn-out vehicle tyres. A research team at Otto von Guericke University Magdeburg has developed a vibration-damping technology that uses granulated recycled tyre rubber to absorb noise-producing vibrations inside electric vehicle components. The approach not only improves acoustic comfort but could also create a new high-value application for millions of tyres reaching…
Xiaomi has begun rolling out its Smart Camera C302 across several European markets, expanding the availability of the indoor security device months after it first appeared on the company’s global website. The product was initially spotted online in October 2025 and has since been released in multiple countries across the region. Most recently, the camera was listed in the company’s official online store in Spain. In Spain, the Smart Camera C302 is priced at €34.99, while customers in the United Kingdom can purchase it from the Xiaomi Store for £27.99. The device is also available through online retailers such as…
CIBC Innovation Banking has provided growth financing to Gradient AI to support the continued development of its risk analysis and automation platform for insurers. The Boston-based firm develops AI tools that help insurance companies evaluate underwriting and claims risks using predictive analytics. The platform is designed to help insurers improve loss ratios, shorten quote turnaround times and reduce operational costs associated with claims handling. The new financing will be used to expand Gradient AI’s technology capabilities and accelerate adoption of its solutions across the insurance market. Chief Executive Officer Stan Smith said the investment will help the company address ongoing…
Garmin has begun distributing a new stable software update to several of its Instinct series smartwatches, marking the second such release within a week as the company addresses issues tied to a recent major upgrade. The update, labeled System Software 13.27, is being delivered to the Garmin Instinct E, Garmin Instinct 3 and Garmin Instinct Crossover AMOLED. The rollout follows the release of System Software 13.26, which Garmin issued last week as a significant update containing dozens of new features and bug fixes compared with earlier v12.23 and v12.26 builds. See also: Garmin Broadens Fitness Coach Availability in Latest Update…