TSMC Sells Over 1 Mn Arm Shares, Lets Go of All Stake

2:18 PM IST · April 29, 2026

The filing shows a full exit from the Arm investment with a $174 million impact on retained earnings.

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OpenAI Falls Short of Revenue and User Targets as It Races Toward IPO, WSJ Reports

OpenAI has fallen short of its goals for new users and revenue in recent months, sparking concern among some company leaders over whether it can support its extensive data-center spending, the Wall Street Journal reported on Monday, citing people familiar with the matter.

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Lovable’s Vibe Coding Platform Is Now Available as an Android and iOS App

Lovable, the popular artificial intelligence (AI)-powered full-stack coding platform, launched its mobile app on Monday. Available on both the Play Store and the App Store, the app brings vibe coding capabilities to smartphones and lets users generate websites and apps on the go. While the mobile app does not come with the full functionality of the website, users can still prompt their ideas, preview the results, and iterate on them. The startup has also added cross-platform support, allowing users to switch between the app and the website without a hitch.

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Tech Layoffs Surge: March Worst Month in Two Years as Companies Slashed 38,000 Jobs, Layoff Tracker Claims

Tech companies across the globe are working to integrate AI-powered tools into their daily workflows, citing higher efficiency and lower costs. This appears to be a great proposition for the tech firms, who can increase their margins, increase their profits, and keep their shareholders happy, even if they record the same revenue every quarter, year after year. However, this unprecedented AI adoption has led to massive layoffs across the industry. Another phenomenon fueling the dismissals is the mass pandemic-era hiring, when the blue-collar employees at tech firms ballooned exponentially.

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