Britain’s Competition and Markets Authority has opened an antitrust investigation into Microsoft’s dominance in business software. The probe will examine whether bundling products such as Windows, Word, Excel, Teams, Copilot and others weakens competition. If regulators determine Microsoft holds “strategic market status,” targeted enforcement action could follow.
Waymo says it will recall nearly 3,800 robotaxis in the US after identifying a self-driving software issue that could prompt vehicles to enter flooded roads. The problem is tied to specific models of Waymo’s automated driving systems. The company is preparing a permanent fix and is also dealing with separate investigations linked to other incidents.
Your news, in seconds
Get the Beige app — every story in 60 words, updated hourly. Free on iOS & Android.
The Supreme Court dismissed the income tax department’s review petitions over whether payments for foreign software by Indian users should be taxed as royalty. Reaffirming its March 2021 ruling, the court said end-user licenses do not transfer copyright, so such payments are not royalty. The decision is expected to provide substantial tax certainty and relief to Indian companies buying software.
Anthropic has released Claude Opus 4.7, betting big on finance with tools designed for banks and businesses. The system is meant to handle data-heavy work and generate reports, speeding workflows that often rely on multiple traditional software products. The announcement also fuels worries across the software market as AI capabilities increasingly replace established tools and reshape day-to-day operations.
Anthropic has released Claude Security in public beta for enterprise teams, using AI to scan codebases for vulnerabilities and generate fixes. Built on Claude Opus 4.7, the system can reason through code by tracing data flows and mapping component interactions, aiming to catch issues that traditional security tools may miss.
US markets highlight a sharp split in tech leadership: AI-linked demand is boosting semiconductor stocks even as software names lag. With technology investors facing a volatile backdrop, traders appear to be gravitating toward chips as a clearer read-through to AI spending, while simultaneously reducing exposure to software companies whose growth outlook looks less certain.
Never miss a story
Set alerts for the topics and sources you care about. Download Beige for free.
Goldman Sachs analysts say worries that AI could weaken long-term U.S. corporate growth are reviving questions about how much today’s stock valuations depend on profits expected far beyond the next decade. The focus is especially on software companies, where expectations extending to long run growth are now facing tighter scrutiny, shifting how investors frame risk and opportunity.
Bridgewater’s CIOs say AI is creating an existential risk for legacy software companies, likening the disruption to the shakeup once triggered by online retail. They also point to geopolitical tensions affecting global markets and resource availability, arguing that companies must adapt quickly or face significant disruption as the scramble for resources intensifies.
Even as Salesforce expects its fastest revenue growth in three years, the software sector’s outlook remains shaky. Investors are spooked by AI disruption despite CEOs pitching proprietary data and in-house models. A broader selloff suggests promises aren’t enough; analysts want proof that AI can lift revenue and improve customer retention in upcoming earnings.
The Supreme Court has settled a long-running tax classification debate, ruling that payments made by resident end users for the resale or use of computer software generally cannot be labelled as “royalty” under tax treaties. Instead, such transactions are treated as procurement of goods, reshaping how software-related income is taxed under the DTAA framework.
Reading on mobile?
Open Beige in the app for a smoother experience — free on iOS and Android.
IIT Hyderabad student Edward Nathan Varghese has secured a record Rs 2.5 crore package from Optiver to work as a software engineer for the Netherlands-based firm. The deal, announced amid a challenging hiring climate, signals rising placement standards as average offers across the season also climbed, reinforcing the institute’s ability to produce top-tier talent.
Swipe through stories, personalise your feed, and save articles for later — all on the app.