US President Donald Trump said he would extend the June 19 deadline for China-based ByteDance to divest the US assets of TikTok if no deal had been reached by then. Trump said he had a "sweet spot" for TikTok after it helped him win over young voters in the 2024 presidential election. TikTok app is used by 170 million Americans.

Agnikul Cosmos, born at IIT Madras, is revolutionising space tech in India with its 3D-printed rocket engines and modular launch vehicle, Agnibaan. After a historic suborbital flight in 2024, it’s gearing up for its first orbital launch. Backed by top investors and ISRO, Agnikul represents India's bold leap into private, accessible space exploration.

Drivers of BluSmart protested in Delhi on Sunday over unpaid dues and social security after the electric ride-hailing startup halted operations last month. The abrupt suspension came after SEBI accused BluSmart's EV partner Gensol Engineering and its founders of fund diversion. More than 10,000 drivers have reportedly been affected by the shutdown.

Apple has partnered with startup Anthropic to build a new "vibe-coding" software platform, Bloomberg reported. The platform will use Anthropic's Claude Sonnet AI model to write, edit and test code on behalf of programmers, the report said. It will be a new version of Apple's existing Xcode, which offers tools to develop apps.

Apple has partnered with Anthropic to develop an AI-powered coding assistant integrated into Xcode. Using Anthropic's Claude Sonnet model, the tool can write, edit, and test code, streamlining developer workflows. Currently being tested internally, the initiative reflects Apple's broader push to enhance its AI capabilities and catch up with rivals in the AI-driven developer tools space.

Bengaluru-based startup Vahan uses OpenAI's GPT-4o and GPT-4o-mini models in its "AI recruiter" which helps India’s informal workers find jobs via phone calls. The voice-based chatbot supports over 40,000 monthly placements, partnering with 1,500 recruitment agencies across 900 cities. It automates hiring tasks for platforms like Swiggy and Zomato and aims to boost recruitment efficiency.

Indian startups raised $54.7 million between April 28 and May 3 across 15 deals, which is down by 46% from the $100.3 million raised by 18 startups last week, a report stated. This marked the lowest investment-week in Indian startups after the first week of January 2025. Fintech emerged as the most funded sector this week by raising $15.3 million.

With monthly OTT spends averaging ₹240-₹280 post-2024, and 57% of users feeling subscriptions lack value due to fewer fresh releases, India's streaming fatigue is real. Viewers are switching to monthly plans and cycling services to cut waste. Experts suggest tracking content drops and using bundled offers to ensure every rupee spent delivers entertainment.

At Vibrant Buildcon, Suniel Shetty praised India's global rise in manufacturing and trade. “India isn’t just building for itself anymore. We’re building for the world,” he said, applauding small-town entrepreneurs and their role in showcasing India’s capabilities. The event drew delegates from over 60 countries, highlighting India’s potential as a global partner in infrastructure and innovation.

As highlighted by growth specialist Unnati Bagga, Third Wave Coffee posted a ₹50 crore loss in FY24 despite ₹120 crore in revenue. Premium rents, high CAC, underutilized stores, and limited repeat business have strained unit economics. With only 15–20% core coffee loyalists, the chain's aggressive expansion has deepened losses instead of fixing the core business model.