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Samsung flags $80 billion profit on AI boom, highest quarterly for any tech company

Samsung flags $80 billion profit on AI boom, highest quarterly for any tech company

mint

Samsung Electronics projected a record quarterly profit of 107.4 trillion won on Thursday, driven by high demand for AI chips. This marks a nine-fold jump in earnings. Market analyst Kim Seok-hwan said, "The market's focus has shifted to whether the sharp earnings growth that started a year ago would be sustainable."

Tap to Read More8 Oct 2:32 AM
Experts at SVU seminar say AI is increasingly essential in governance

Experts at SVU seminar say AI is increasingly essential in governance

The Hindu

Experts at a Sri Venkateswara University seminar on Friday said AI is increasingly essential in governance. Vice-Chancellor Prof. Tata Narasinga Rao noted, “Improvement of skills holds the key in sustaining livelihood in the era of AI.” Speakers highlighted how technology helps public services and policing, while warning about potential digital risks.

Tap to Read More23 Oct 3:08 PM
iPhone Duo resale prices soar on eBay amid strong demand: Can Apple overtake Nvidia as world’s most valuable company?

iPhone Duo resale prices soar on eBay amid strong demand: Can Apple overtake Nvidia as world’s most valuable company?

The Economic Times

Apple’s iPhone Duo preorders sold out quickly last week, with some eBay listings reaching $15,000. As buyers face delivery delays until January, Apple is closing in on Nvidia’s market value. Dan Ives said, "we believe the pool of buyers waiting for a reason to upgrade is deep enough."

Tap to Read More23 Oct 3:39 PM
Centre introduces AI-based verification upgrade in attendance app for rural jobs scheme

Centre introduces AI-based verification upgrade in attendance app for rural jobs scheme

The Hindu

Union Rural Development Minister Shivraj Singh Chouhan announced an AI-based verification upgrade for the rural jobs scheme on October 23, 2026. This new version stops fake attendance and tampering. Chouhan said, “These features are designed to verify that the person appearing before the camera is a real, live worker.”

Tap to Read More23 Oct 4:25 PM
Infosys caps dull second quarter for Indian IT

Infosys caps dull second quarter for Indian IT

Livemint

Infosys reported its slowest second-quarter performance in a decade on Friday. The company got $5.15 billion in revenue, missing estimates. Many top Indian IT firms saw similar slow growth due to an uncertain global environment. CEO Salil Parekh said, “The macro environment is also equally in a place where there are continuing different wars.”

Tap to Read More23 Oct 4:28 PM
Binance's AI-Powered Security Systems Prevent $4.6 Billion in Crypto Losses, Protect 8 Million Users in First Half of 2026

Binance's AI-Powered Security Systems Prevent $4.6 Billion in Crypto Losses, Protect 8 Million Users in First Half of 2026

The Hindu

Binance’s AI-powered security systems prevented $4.6 billion in losses and protected 8 million users during the first half of 2026. These systems use 100 AI models to flag threats in real-time. SB Seker said, "These numbers represent real people whose savings were protected and families who avoided financial devastation."

Tap to Read More23 Oct 11:00 AM
'Black October': How AI is making cyberattacks faster and harder to stop

'Black October': How AI is making cyberattacks faster and harder to stop

cnbctv18

Cybersecurity researchers dubbed recent incidents "Black October" as AI makes cyberattacks faster and harder to stop. Experts said AI helps attackers find and exploit vulnerabilities in minutes. Huzefa Motiwala noted, "Our threat research team at Unit 42 found 14,000 vulnerabilities across close to 4,000 open-source software projects in just under two months."

Tap to Read More23 Oct 2:20 PM
eMudhra should face India audit, licence suspension, says former CERT-In chief

eMudhra should face India audit, licence suspension, says former CERT-In chief

cnbctv18

Former CERT-In chief Gulshan Rai wants an audit and licence suspension for eMudhra after a security lapse. "Given what we have seen with eMudhra's global business, they must be audited and scrutinised for their Indian operations," Rai said. The company recently exited its global digital certificate business following the incident.

Tap to Read More23 Oct 2:36 PM
Making Busy Workdays Simpler with the HP Laser 1008a

Making Busy Workdays Simpler with the HP Laser 1008a

The Hindu

The HP Laser 1008a helps small business owners manage busy workdays by simplifying printing tasks. It offers print speeds of up to 22 pages per minute, ensuring documents are ready quickly. With sharp resolution, it provides professional output for reports and invoices, making routine office work much easier to handle.

Tap to Read More23 Oct 1:21 PM
What kind of AI economy does India want to build?

What kind of AI economy does India want to build?

Economic Times

India’s debate on AI governance is transitioning from ambition to hard choices. In July, the Delhi High Court took a prima facie view that OpenAI’s training of its Large Language Model on ANI’s copyrighted material could fall within the fair dealing exception. India now aims to build domestic AI capabilities.

Tap to Read More23 Oct 3:33 PM
Launched This Week: Oppo Pad Mini, BenQ PV3250U and 4 more gadgets to check out

Launched This Week: Oppo Pad Mini, BenQ PV3250U and 4 more gadgets to check out

India Today

Oppo launched the Pad Mini tablet in India this week alongside several new gadgets. The compact 8.8-inch device features a 2.5K OLED display and the Snapdragon 8 Gen 5 processor. Priced at Rs 94,999, it offers 67W fast charging. Many other brands also started selling new tech products this week.

Tap to Read More23 Oct 1:21 PM
People are vibe coding their way to better TVs

People are vibe coding their way to better TVs

The Verge

People are using LLMs and open-source tools to customize their TV interfaces. Projects like Cleanyourtv and tv-detox gained popularity over the weekend by removing ads and bloatware from Android-based TVs. Users say, "I think there’s a level of frustration behind it, too." These simple tweaks make smart TVs run much faster.

Tap to Read More23 Oct 1:00 PM
We have to develop our own AI layer for military services: Defence Secretary

We have to develop our own AI layer for military services: Defence Secretary

The Economic Times

Defence Secretary Rajesh Kumar Singh said India is building a military Artificial Intelligence layer to boost national security. Speaking on Friday, he explained, "We have to develop our own AI layer for our military AI layer for our services." The government is also scaling up domestic missile production for defence.

Tap to Read More23 Oct 12:04 PM
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