Anup Kaphle / Rest of World:
Q&A with Careem CEO Mudassir Sheikha on the MENA ride-hailing giant becoming a super app, the spinout of its non-ride-hailing services from Uber, AI, and more — • DUBAI, THE UAE — Mudassir Sheikha likes to tell the story of Careem’s growth in chapters.
Bain Capital agrees to acquire a majority stake in Italian IT company Namirial from private equity firm Ambienta, sources say valuing Namirial at €1.1B (Bloomberg)
Bloomberg:
Bain Capital agrees to acquire a majority stake in Italian IT company Namirial from private equity firm Ambienta, sources say valuing Namirial at €1.1B — Bain Capital agreed to acquire a majority stake in Namirial SpA from private equity firm Ambienta.
USCIS data shows Amazon got the most H-1B visas each year from 2020 to 2024; Google, Meta, Microsoft, and Apple ranked in the top 10 in 2024 (Ananya Bhattacharya/Rest of World)
Ananya Bhattacharya / Rest of World:
USCIS data shows Amazon got the most H-1B visas each year from 2020 to 2024; Google, Meta, Microsoft, and Apple ranked in the top 10 in 2024 — U.S. tech firms — Amazon, Google, Meta, Microsoft, and Apple — were the top 10 employers of H-1B recipients in 2024.
Power chip companies Renesas, Infineon, and others are cutting jobs and spending, as disappointing EV market growth leaves them saddled with excess capacity (Nikkei Asia)
Nikkei Asia:
Power chip companies Renesas, Infineon, and others are cutting jobs and spending, as disappointing EV market growth leaves them saddled with excess capacity — TOKYO — Producers of power semiconductors, a key component in the electric-vehicle supply chain, are shrinking their workforces …
A look at the origins of RISC architecture, the Arm vs. RISC-V war, and RISC’s lasting impact, as its increasing global adoption risks US companies’ dominance (Jason Kehe/Wired)
Jason Kehe / Wired:
A look at the origins of RISC architecture, the Arm vs. RISC-V war, and RISC’s lasting impact, as its increasing global adoption risks US companies’ dominance — “RISC architecture is gonna change everything.” Those absurdly geeky, incredibly prophetic words were spoken 30 years ago.
Developers say aggressive AI crawlers are overwhelming open-source infrastructure and disproportionately burdening open-source projects (Benj Edwards/Ars Technica)
Benj Edwards / Ars Technica:
Developers say aggressive AI crawlers are overwhelming open-source infrastructure and disproportionately burdening open-source projects — Software developer Xe Iaso reached a breaking point earlier this year when aggressive AI crawler traffic from Amazon overwhelmed their Git repository service …
TRAI Chairman Anil Kumar Lahoti says India, with only 1% of global subsea cable landing stations, must expand its subsea cable infrastructure 10x to meet demand (Karan Mahadik/The Indian Express)
Karan Mahadik / The Indian Express:
TRAI Chairman Anil Kumar Lahoti says India, with only 1% of global subsea cable landing stations, must expand its subsea cable infrastructure 10x to meet demand — TRAI chairman Anil Kumar Lahoti suggested that recent subsea cable disruptions in the Red Sea underscore the need to strengthen the crucial infrastructure.
State and former US officials say satellite internet like Starlink’s may cut upfront costs for the $42B rural broadband program but could cost more long term (Kelcee Griffis/Bloomberg)
Kelcee Griffis / Bloomberg:
State and former US officials say satellite internet like Starlink’s may cut upfront costs for the $42B rural broadband program but could cost more long term — The Trump administration is making changes to a $42 billion broadband subsidy program that will benefit satellite internet providers …
Amazon unveils Interests, an AI search tool for finding products by passion or hobby, rolling out to all US users, and is testing a chatbot called Health AI (Annie Palmer/CNBC)
Annie Palmer / CNBC:
Amazon unveils Interests, an AI search tool for finding products by passion or hobby, rolling out to all US users, and is testing a chatbot called Health AI — Amazon, in an effort to infuse generative artificial intelligence across a wider swath of its e-commerce universe …
As the EU considers funding a Starlink rival, experts say no single European network can match Starlink’s range, likely requiring a patchwork of satellites (Financial Times)
Financial Times:
As the EU considers funding a Starlink rival, experts say no single European network can match Starlink’s range, likely requiring a patchwork of satellites — Brussels wants to create a homegrown alternative to Starlink with satellite groups such as Eutelsat