top technology news for Tuesday, July 22, 2025:

 

top technology news for Tuesday, July 22, 2025:

top technology news for Tuesday, July 22, 2025:

Top Headlines

  • Figma Eyes $13.7 Billion Valuation Design software company Figma is reportedly aiming for a valuation of $13.7 billion as the market for tech IPOs shows signs of recovery

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  • India’s SaaS Sector Surpasses $15 Billion India’s Software-as-a-Service (SaaS) industry has exceeded $15 billion in revenue, with a strong pipeline of companies preparing for initial public offerings

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  • Microsoft Warns of Server Software Attacks Microsoft has issued an alert regarding active attacks targeting its SharePoint server software, which is used by businesses and government agencies for document sharing. The company has urged customers to apply security updates immediately

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New Products & Services

  • Google Pixel 10 Pro Teased Google has started teasing its upcoming Pixel 10 Pro ahead of an expected launch event on August 20 in New York

. The new phone lineup is anticipated to heavily feature Google’s Gemini AI

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  • Snapdragon-Powered AI Glasses in India Qualcomm is collaborating with Lenskart to bring smart glasses powered by Snapdragon chips to the Indian market. The move is part of a larger push into spatial computing and extended reality (XR) in the country

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  • Reliance Launches JioPC Reliance has introduced JioPC, a cloud-based virtual desktop service that transforms a user’s Jio set-top box and television into a personal computer

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  • Tesla Model Y Arrives in India Tesla has launched its Model Y electric vehicle in India. The car is known for its advanced technology, including Autopilot and Full Self-Driving (FSD) features

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Company & Market News

  • Foxconn’s AirPods Production in India Faces Snag A snag related to rare earth materials has impacted the production of Apple’s AirPods at Foxconn’s facility in India. The company, however, stated that production has not been disrupted

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  • China’s Smartphone Shipments Decline Smartphone shipments in China saw a 2.4% year-on-year decrease in the second quarter. Huawei emerged as the top vendor with a 17.6% increase in sales and an 18.1% market share, while Apple’s sales dipped by 1.6%

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  • Amazon’s AWS Unit Cuts Jobs Amazon’s cloud computing division, AWS, has laid off at least hundreds of employees, joining other major tech companies in announcing job cuts this year

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  • Indian Crypto Exchange CoinDCX Hacked The Indian cryptocurrency exchange CoinDCX reported a loss of over $44 million following a cyberattack. The company has assured users that customer asset wallets were not affected

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Artificial Intelligence

  • First-Ever AI Malware ‘LameHug’ Discovered A new malware named ‘LameHug’ is reportedly using Alibaba’s large language models to generate and execute commands to steal information from Windows computers. It is said to hide in ZIP files

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  • AI-Powered Cybersecurity Tools from NTT DATA NTT DATA Group has released three open-source cybersecurity tools, one of which, SigmaOptimizer, is powered by AI

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  • Candy Crush Makers Replaced by AI King, the Microsoft-owned studio behind the popular game Candy Crush, is reportedly laying off 50 employees and replacing them with the AI tools they helped create

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  • AI as Emotional Support for Teens A new study indicates that teenagers are increasingly turning to AI chatbots like ChatGPT and Character.AI for mental health advice and emotional support

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In Other Tech News

  • SBI Announces UPI Downtime The State Bank of India (SBI) has scheduled maintenance for its UPI services on July 22, 2025, which will cause a temporary service disruption from 12:15 AM to 1:00 AM IST

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  • SpaceX Launches Amazon’s Kuiper Satellites In a rare collaboration, Elon Musk’s SpaceX launched a batch of 24 Kuiper satellites for Amazon’s satellite internet constellation project

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  • Garena Free Fire Max Redeem Codes New redeem codes for the mobile game Garena Free Fire Max have been released for July 22, offering players in-game rewards

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