Waymo, a US-based autonomous driving technology firm, briefly paused its robotaxi operations in San Francisco due to a PG&E power outage on Saturday caused by malfunctioning substation equipment. The firm later limited suspension to heavily impacted areas. Waymo said that robotaxi services were "successfully resumed" after the one-hour precautionary pause, adding that no passengers were stranded.

Yang Zhilin is the co-founder and CEO of Moonshot AI, the Chinese startup behind the Kimi K3 model, which competes with the world's most powerful AI models. He did his PhD in machine learning from US' Carnegie Mellon University, during which he interned at Google Brain and Meta. Yang chose to return to China despite receiving an offer from Apple.

The VISWA-M payload carried into orbit by Vikram-1's SOLARAS nanosatellite aims to study Sun's spectrum across multiple wavelengths while demonstrating a low-cost payload architecture for academic space missions. It was developed by VIT-AP students and faculty in collaboration with Bengaluru-based startup Grahaa Space. Vikram-1 is India's first private orbital rocket, built by Skyroot Aerospace.

Chinese startup Moonshot AI is preparing for a Hong Kong IPO that could launch within six months, Bloomberg reported. The company aims to capitalise on strong investor interest after releasing its Kimi K3 AI model, which claims to deliver performance close to Anthropic's Fable. Notably, the debut of Kimi K3 triggered a sharp sell-off in global technology and semiconductor stocks.

Ouyang Weimin, former president of the China Development Bank, has been placed under investigation on suspicion of serious disciplinary and legal violations, China's top anti-graft watchdog said. Ouyang served as president of the bank from 2019 to 2023. Notably, in 2024, a former vice president of the bank was sentenced to 12 years in prison and fined for accepting bribes.

The cost of monthly basic utilities, including electricity, heating, cooling, water and garbage, for an 85 square metre apartment is the highest in Berlin (₹39,477), followed by Tel Aviv (₹38,129) and Oslo (₹36,973). A Deutsche Bank report found that London (₹36,877), Edinburgh (₹36,492) and Munich (₹36,395) ranked fourth, fifth and sixth respectively. Three of the five cheapest cities are Indian.

Hong Kong has highest price per square metre to buy apartment in city centre, as per Deutsche Bank Research Institute. Other cities in top ten are Zurich, Seoul, Singapore, Geneva, Tel Aviv, London, New York, Paris and Vienna. Cairo has lowest price per square metre to buy an apartment, followed by Johannesburg, Bengaluru, Cape Town, Delhi, Buenos Aires and Bogota.

Crypto investors should ensure accurate disclosures while filing their ITR, especially if they trade across multiple exchanges or use self-custody wallets. Experts advise maintaining audit trail and reviewing all transactions made during the financial year, particularly those near year-end. Investors should use ITR-2 for investment gains and ITR-3 if crypto trading is treated as business income.

Samsung Electronics has cut jobs across its US display, smartphone and consumer electronics businesses, Reuters reported. This has affected 739 employees in New Jersey as Samsung Electronics America shifts its headquarters to Texas. The company said most affected employees were offered relocation, while others were laid off. Samsung laid off about 100 workers at its Plano, Texas office.

Raymond Chairman Gautam Singhania said the China-plus-one strategy has moved from a business trend to an "operational imperative" for multinational companies seeking resilient supply chains. He said firms are looking for manufacturing partners that offer speed, quality and scale as they diversify production beyond China amid geopolitical tensions.