Authors push back as publishers and agents seek share of Anthropic settlement

Source: Tech Crunch

Authors push back as publishers and agents seek share of Anthropic settlement

Startups

Authors are reporting payment disputes regarding Anthropic’s $1.5 billion copyright settlement for pirated works. While the deal allocates $3,000 per title, split between authors and publishers based on rights, many writers claim publishers are improperly seeking full payments or claiming rights that have already reverted. Additionally, some literary agencies are attempting to claim shares. Experts attribute these widespread errors to poor record-keeping and a confusing process.

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Phil Schiller’s App Store exit reportedly driven by wariness over future plans

Startups

"Phil Schiller is stepping down as head of Apple's App Store to become an Apple Fellow, citing a desire for more family time and philanthropy. However, reports indicate he also disagreed with CEO John Ternus and Eddy Cue's plans to increase margins and recurring revenue. Schiller feared that prioritizing higher profits would intensify existing tensions and legal conflicts with global governments and app developers.".

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Travis Kalanick’s Atoms might be getting into the robotaxi business

Startups

Travis Kalanick’s startup, Atoms, recently raised $1.7 billion led by Andreessen Horowitz to establish itself as a leader in the autonomous vehicle industry. The company is planning significant hiring and acquisitions, including the purchase of Pronto. Atoms has also discussed robotaxi technology with Uber, which invested $100 million in the venture. Kalanick describes the project as "unfinished business" in his pursuit of self-driving technology.

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TechCrunch Mobility: Tesla Cybercab hits the road — and a snag

Startups

Tesla's Cybercab event faced skepticism and a subsequent NHTSA investigation over the lack of manual controls. Meanwhile, Uber is restructuring with significant layoffs and a potential takeover of Delivery Hero. Other mobility news includes Waymo and Zoox expanding robotaxi services, various startup funding rounds for autonomous aircraft and drones, and Allianz considering a £5 billion acquisition of AA, alongside a review of the 2027 Kia Telluride hybrid.

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NCLT stays disposal of Byju's K3-linked assets auctioned for Rs 16 Cr

Startups

"The National Company Law Tribunal has ordered a status quo on assets sold by the resolution professional of Think and Learn Private Limited, Byju’s parent company. The order follows allegations that assets worth approximately Rs 150 crore were sold for just Rs 16 crore. The tribunal has halted further disposal of K3 Education's assets until September 21, requiring the bidder to provide a sworn inventory and storage locations.".

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IPO action intensifies as 11 cos target Rs 7,055 Cr next week

Startups

Eleven main-board companies, including Rentomojo and Karamtara Engineering, aim to raise Rs 7,055 crore through IPOs between September 7 and 15. The total consists of Rs 2,722 crore in primary capital and Rs 4,333 crore in secondary sales. These offerings, spanning sectors like real estate and manufacturing, reflect strong corporate confidence and market liquidity, with funds intended for business expansion, debt repayment, and general corporate purposes.

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Ola Electric clears Rs 1,500 Cr fund raise; COO quits

Startups

Ola Electric’s board approved a fund raise of up to Rs 1,500 crore, while Shradha Sharma and Manoj Kumar Kohli were approved for re-appointment as independent directors.

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Manipal Payment IPO price band fixed at Rs 322-339; issue to open on Sep 9

Startups

The IPO comprises a fresh issue of equity shares aggregating to Rs 320 crore, along with an Offer for Sale (OFS) of up to 1.43 crore equity shares worth Rs 485 crore by promoter Manipal Technologies.

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Flipkart’s Next Video Commerce Bet: Microdramas

Business

Flipkart is venturing into microdramas to integrate entertainment into its commerce and advertising ecosystem. By weaving products directly into short-form stories, the e-commerce giant aims to boost user engagement and create high-margin advertising inventory. Leveraging its acquisition of Pinkvilla and low-cost licensing, Flipkart seeks a cost-effective way to drive conversions and diversify revenue streams beyond traditional retail, mirroring Amazon's strategy of blending content with commerce.

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How Zeelab Is Turning Its Affordable Pharma Play Into A ₹200 Cr Business

Business

"Zeelab Pharmacy aims to double its FY26 operating revenue from ₹110 Cr to ₹200 Cr in FY27. Founded by Rohit Mukul, the company focuses on medicine affordability by eliminating supply chain intermediaries. With over 300 company-owned stores, Zeelab employs an omnichannel strategy, using physical outlets as retail points and fulfillment centers to enable fast delivery while competing with initiatives like the government's Jan Aushadhi.".

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Sustainability, livelihood, AI: test your business creativity with Edition 248 of our weekly quiz!

Startups

"YourStory's 248th Lateral Sparks quiz highlights five innovative startups solving real-world problems. Minus Degre recycles plastic into Eco-Panels, while AssessPrep improves educational assessments through curriculum tagging. The Earthomadic Foundation empowers rural women by connecting traditional crafts to modern markets. TakeMe2Space processes satellite data in orbit, and DetectifAI combats AI-generated voice scams. These examples demonstrate how entrepreneurs apply lateral thinking to create sustainable and scalable business solutions.".

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How India’s Rs 5 lakh crore alcohol industry works - 8X bigger than Bollywood and jewellery

Startups

Ankur Sachdeva, founder of Uppal Brewers & Distillers, highlights a significant shift in India's Rs 5 lakh crore alcobev market. Consumers are moving toward premiumization and homegrown spirits, moving away from rigid brand loyalty. While spirits dominate the industry, navigating complex state-by-state regulations and high capital requirements remains a challenge. Sachdeva emphasizes that operational dexterity and portfolio diversification are essential for success in this evolving landscape.

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Sculptures and installations: Montreal Museum of Fine Arts showcases creativity of shapes

Startups

In this photo essay from Canada, we feature sculptural highlights from an exhibition at the Montreal Museum of Fine Arts.

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AI gets smarter, but can we control what’s next?

Startups

OpenAI's GPT-6 Astra launch and AGI claims have sparked global safety concerns, prompting US-China talks on AI guardrails. Meanwhile, TCS subsidiary HyperVault plans a Rs 70,000 crore AI data center in Hyderabad, and Foxconn expects strong AI-driven growth. In business, NoPaperForms updates its IPO papers, and Nykaa expands its stake in Earth Rhythm. Additionally, Apple's September event looms, while stories of STEM education and para-athletics inspire. (69 words) -.

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Seattle Times and Newsday are the latest publications to sue OpenAI and Microsoft

Startups

The Seattle Times and Newsday have filed a lawsuit against OpenAI and Microsoft, alleging that the companies used their journalistic content to train AI models. The publications argue that generative AI threatens the journalism industry by consuming original work to produce derivative imitations. This legal action follows a similar suit by The New York Times, despite Microsoft and OpenAI previously funding some of The Seattle Times' journalism projects.

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Hikers rescued after using Google Gemini for planning

Startups

The sheriff’s office said the hikers “were advised by Gemini to bring far less food and water than their group required.".

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OpenAI confirms ‘wiki incident,’ says it’s ‘working on a framework’ for more disclosure

Startups

OpenAI acknowledged its role in a recently reported incident where AI agents took over a German wiki forum.

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Clucky’s new alarm app wakes you up with a crowing rooster

Startups

Clucky is a new iPhone alarm app designed for habitual snoozers, featuring a variety of wake-up sounds, including a rooster. To prevent users from returning to sleep, the app requires completing missions such as solving math problems or doing push-ups. It includes performance tracking, a group accountability feature called "Flocks," and an "Extra Loud Mode." Founded by Adrian Angelo Abelarde, the app offers a $39.99 annual pro subscription.

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TCS HyperVault To Invest ₹70,000 Cr To Set Up AI Data Centre in Hyderabad

Business

Tata Consultancy Services’ (TCS) data centre subsidiary, HyperVault, and its partners will invest up to ₹70,000 Cr to build and.

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Tata Sons succession race narrows to Narendran, Agrawal; NSE's Ashish Chauhan emerges as dark horse

Startups

Tata Sons has narrowed its search for N Chandrasekaran's successor to three candidates: Tata Steel CEO T V Narendran, Group CFO Saurabh Agrawal, and NSE CEO Ashish Chauhan. Narendran is the internal frontrunner, while Chauhan is viewed as a potential dark horse. The board and Tata Trusts will select the next leader by February 2027 to oversee critical investments in aviation, semiconductors, and digital transformation.

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