Nikita Bier steps down as X’s head of product

Source: Tech Crunch

Nikita Bier steps down as X’s head of product

Startups

"Nikita Bier has stepped down as head of product at Elon Musk’s social media platform, X, after serving for just over a year. Bier, who oversaw the launch of 30 new products, will transition to an advisory role. His tenure was marked by significant controversies involving the chatbot Grok, including the generation of offensive content and illegal imagery, which led to legal challenges for the platform.".

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ShareChat parent Mohalla Tech records 40% rise in revenue for FY26

Startups

The company attributed the growth to its micro-drama business, which contributed Rs 293 crore in subscription revenue in its first full year. Mohalla Tech also reported narrowing EBITDA losses by 58% in FY26 and expects to turn EBITDA-positive for the full year in FY27.

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Jio In Talks With US-Based Comcast, Charter To License Broadband Technology: Report

Business

<summary>Jio Platforms is in discussions with US cable operators Comcast and Charter Communications to license its UBR wireless broadband technology. These talks aim for potential equity stakes as Jio expands its overseas presence, targeting 10-15 global partners. The UBR technology delivers high-speed internet without individual home.

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Awfis Q2 profit jumps 93% to Rs 31 Cr, revenue rises to Rs 464 Cr

Startups

Awfis Space Solutions Ltd reported a 93% increase in consolidated profit to Rs 30.8 crore for the September quarter, driven by strong demand for managed workspaces from large enterprises and GCCs. Total income for the quarter rose to Rs 464.29 crore. For the first half of the fiscal year, net profit reached Rs 54.76 crore. The company now operates 254 centers across 18 cities with 76.2% occupancy.

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Inside The New Wave Of Private AI

Business

As AI assistants handle sensitive personal and business data, privacy is becoming a key competitive differentiator. While data access improves utility, concerns over security drive demand for privacy-focused tools like Dark.ai and Brave Leo. Companies are implementing encryption, local processing, and data masking to build trust. Ultimately, privacy serves as a critical enabler for AI adoption in highly regulated sectors like finance and law.

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Hiding inside Palantir’s skyrocketing quarter is a foreboding signal

Startups

Palantir delivered such a huge third-quarter earnings report on Monday that its press release even bragged that the numbers were “crushing consensus expectations.” Yet, retail investors were lukewarm on the company on Tuesday, with the stock trading slightly down. That’s because Palantir’s enterprise sales, its big growth area, showed signs of slowing. First, the good […].

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Reddit tests ads in search results as traffic declines and growth concerns mount

Startups

Reddit is testing ad placements in its search results to boost revenue following a weaker-than-expected fourth-quarter forecast and declining search traffic caused by Google's AI search. With daily active users stagnating or dropping, the company aims to monetize its current base more effectively. Additionally, Reddit plans a gradual shift to a logged-in experience to prevent unauthorized AI scraping and provide advertisers with better user targeting data.

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Rivian spinout Also was working on an e-moto project in Kenya — until it walked away

Startups

Micromobility startup Also, spun from Rivian, quietly ended an electric two-wheeler pilot project in Kenya, funded by the Shell Foundation. The company redirected resources to its consumer e-bike and autonomous vehicle ambitions, including a DoorDash partnership. Also faced significant supply chain.

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Awfis’ Q2 Profit Almost Doubles YoY To ₹31 Cr, Revenue Up 20%

Business

Awfis reported a strong financial performance in Q2 FY27, with net profit surging 92.8% year-over-year and 28.5% quarter-over-quarter to ₹30.8 Cr. Operating revenue grew 19.6% year-over-year to ₹438.7 Cr, although sequential growth was a modest 3.2%. Total expenses for the coworking space provider increased 15% year-over-year, reaching ₹433 Cr during the quarter.

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5 lessons from the book Super Cool Startup by Sairam Krishnan

Startups

Sairam Krishnan's "Super Cool Startup" guides entrepreneurs on early-stage marketing for the AI age. It stresses that a great product needs effective storytelling, valuable content, community building, strategic PR, and strong social media to succeed. The book emphasizes earning attention and building trust, noting that while AI simplifies content, strategic judgment remains crucial for brand recognition and lasting impact.

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India's next space unicorn may still be in college

Startups

India already has its first space-tech unicorn. Skyroot Aerospace crossed the $1 billion valuation mark in May 2026 and, two months later, its Vikram-1 became the first privately developed Indian rocket to reach orbit. Those milestones confirm that India's private space ecosystem has moved well bey.

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Y Combinator’s Garry Tan uses AI agents so much, he spends up to $200K a year on tokens

Startups

Y Combinator Garry Tan has, in the past, jokingly admitted that he's suffered from "cyber psychosis” and barely sleeps sometimes because he’s so excited to be working with his AI agents. On a new episode of Walter Isaacson’s podcast, The Builders, set to publish on Tuesday, Tan put a price tag on his passion.

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Apple says it’s ‘hard to predict’ when iPhone Duo constraints will improve

Startups

Apple's new iPhone Duo is experiencing significant shipping delays, with COO Sabih Khan unable to predict when supply will meet "extraordinary" demand. Customers face ship times extending into next year. Soaring memory chip costs, driven by the AI industry, and high product demand are key factors. Apple is deepening its partnership with a titanium producer to boost supply, while reluctantly raising prices on some.

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Elon Musk throttles Grok Bot limits due to ‘unsustainably high’ costs

Startups

Grok Bot users faced unexpected maxed-out usage limits over Halloween weekend. Elon Musk confirmed this wasn't a glitch, citing unsustainably high serving costs relative to revenue. Despite this, Grok Bot is a success for SpaceX; AI now constitutes 52% of company income, and its "Super Intelligence" division posted a $431 million profit. Musk lauded Grok Bot's rapid.

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ideaForge Returns To Profitability In Q2, Reports Net Profit Of ₹6.5 Cr

Business

Dronetech firm ideaForge posted a net profit of ₹6.5 Cr in Q2 FY27, a significant turnaround from a ₹19.6 Cr loss in the year-ago quarter. This follows a ₹2.6 Cr loss reported in Q1 FY27. The company's operating revenue surged 124% year-on-year to ₹91.3 Cr. Total expenses for the quarter increased by 41.9% to ₹90.1 Cr, with.

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Northwood Space raises $375M Series C at a $2B valuation from a16z and DFJ growth

Startups

Space infrastructure firm Northwood Space raised $375 million in Series C funding, co-led by Andreessen Horowitz and DFJ Growth, valuing the company at $2 billion. Founded in 2022, Northwood builds technologies to enhance satellite-Earth communication. CEO Bridgit Mendler will use the capital, which includes an HSBC financial agreement, to scale operations, hire staff,.

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ESDS Q2 Profit Zooms 41% YoY To ₹31.1 Cr, Revenue Up 48%

Business

ESDS Software Solution's Q2 FY27 net profit rose 40.7% year-on-year to ₹31.1 Cr, with revenue growing 48% to ₹138.3 Cr. The company achieved an EBITDA margin of 41.8%. Existing customers contributed 86.7% of revenue. Infrastructure-as-a-Service (IaaS) accounted for 50.5% of revenue.

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Beyond funding: Why every startup founder needs an insurance plan

Startups

From personal term insurance to keyman and employee cover, here's how insurance solutions can help entrepreneurs protect their families, businesses, and teams. Most founders are equity-rich and cash-poor, with household finances quietly tied to the venture: personal guarantees on business loans.

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From code to content: How AI could make India the world’s next story exporter

Startups

AI is poised to transform India into a global content export hub, mirroring its past success in software. Saurabh Pandey's Dolphin AI streamlines video production, democratizing storytelling by removing gatekeepers and significantly reducing costs. This enables India to leverage its rich narratives, particularly in micro dramas, for international audiences. The technology aims to unlock immense creative and economic potential, fostering new global IPs and positioning India as a major content exporter.

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Capillary Q2: Profit Jumps To ₹21.9 Cr, Revenue Surges 51.3% YoY

Business

<summary>Capillary Technologies reported a consolidated net profit of ₹21.9 Cr in Q2 FY27, a significant jump from ₹28.8 Lakh a year earlier. Operating revenue grew 51.3% year-on-year to ₹271.4 Cr. The company returned to profitability after a ₹9.6 Cr loss in Q1, with revenue growth outpacing expenses and a ₹2 Cr net tax credit boosting the bottom line. This.

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CBI Extradites Mahadev Betting App Promoter Sourabh Chandrakar From Oman

Business

The CBI has extradited Mahadev betting app promoter Sourabh Chandrakar from Oman. He faces two CBI cases and an ED money laundering case linked to an alleged ₹6,000 Cr betting operation. The ED's probe covers overseas properties, alleged payments to public servants, and routing proceeds into the Indian stock market. Chandrakar is expected to be produced before a special court in Raipur today, marking a significant step against transnational criminal operations.

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