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AI chip startup Rebellions targets South Korea IPO next yearTech12:07 PM

8 Jul 2026

AI chip startup Rebellions targets South Korea IPO next year

South Korean artificial intelligence chip startup Rebellions aims to file for an initial public offering (IPO) on the domestic KOSPI exchange in the first half of 2027. Co-founder and CEO Sunghyun Park confirmed that the neural processing unit developer plans to complete paperwork by the end of this year, targeting a public debut in the first or second quarter.

By Asmi Basu

source: CNBC ↗

Meta Summoned by IT Ministry Over Abuse Ads in IndiaTech6:39 AM

4 Jul 2026

Meta Summoned by IT Ministry Over Abuse Ads in India

The IT Ministry has summoned Meta following a BBC investigation that uncovered child sexual abuse advertisements on Instagram in India. The ads reportedly directed users to a Telegram channel selling illicit videos for ₹99. According to PTI, officials stated that Meta cannot hide behind the "third-party content" excuse and will be held strictly accountable for ads that generate revenue for the platform.

By Asmi Basu

source: The Hindu ↗