TECH NEWS

IIRIS Acquires Dion to Expand AI-Led Risk Tech in Financial Services

IIRIS Consulting has acquired publicly listed fintech company Dion Global Solutions, a move that combines IIRIS' AI-enabled risk management capabilities with Dion's long-established financial technology platforms. More than a conventional acquisition, the deal reflects how technology providers are expanding from niche offerings into broader enterprise platforms that serve multiple operational functions across financial institutions.

The acquisition follows the approval of IIRIS' resolution plan by the National Company Law Tribunal (NCLT) on July 21, 2026. Under the approved plan, valued at ₹802.93 lakh, IIRIS has subscribed to 5,000,000 equity shares of ₹10 each, providing fresh capital to Dion Global Solutions.

A Direct Route Into Financial Institutions

For IIRIS, the acquisition represents more than entering the listed company space. It provides immediate access to Dion's installed customer base of more than 250 banks, brokers, and wealth managers, including HDFC Bank, Canara Bank, Sharekhan, JM Financial, Indiabulls Ventures, IIFL, Jhaveri Securities, Equitas Small...

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I took a deep dive into the future of robot vacuums — here's what the biggest brands have cooking, from from E.T.-style limbs to full humanoid home helpers

The world of robot vacuums has come a long way. I've been testing and writing about these puck-shaped home helpers for over two years, and during that time I've watched suction specs skyrocket, bots sprout legs and pincer arms, and docks transform into formidable, self-sufficient cleaning

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Microsoft Unveils Its First Cybersecurity-Focused AI Model and Agentic Security System

In an effort to keep up with AI rivals, Microsoft released its first cybersecurity model, MAI-Cyber-1-Flash, on Monday alongside a new security system called Project Perception. Microsoft says the former is designed to find software vulnerabilities and help with fixing them within security processes, not to be a general-purpose AI.

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Seagate reports Q4 revenue up 49% YoY to $3.6B, vs. $3.5B est., adjusted earnings of $5.71 a share, above analysts' forecast of $5.10; STX jumps 6%+ after hours

July 28, 2026, 4:45 PM Top News More: International Business Times, The Verge, Pacing the Frontier, and Bloomberg Law X: @stevesi, @zeffmax, @micsolana, @logandobson, @hadas_gold, @milesaturpin, @shakeelhashim, @zeffmax, @gabrieldwu1, @theobearman, @dylhunn, @thezvi, @wholemars, @mark_k, @adamthierer, @brivael, @kiko_himself, @chadwahl, @tedlieu, @shiringhaffary, @stevesi, @woke8yearold, and @abhominedeus More: Washington

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MCP startup Runlayer accuses Rippling of stealing its product idea

Runlayer, a startup that offers a secure Model Context Protocol gateway — a standard for letting AI models and agents securely pull in outside data and tools — has filed a lawsuit against HR software startup Rippling, according to the complaint seen by TechCrunch. The lawsuit is a cautionary tale for anyone

A Direct Route Into Financial Institutions

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I took a deep dive into the future of robot vacuums &mdash; here's what the biggest brands have cooking, from from E.T.-style limbs to full humanoid home helpers

Microsoft Unveils Its First Cybersecurity-Focused AI Model and Agentic Security System

Seagate reports Q4 revenue up 49% YoY to $3.6B, vs. $3.5B est., adjusted earnings of $5.71 a share, above analysts' forecast of $5.10; STX jumps 6%+ after hours

MCP startup Runlayer accuses Rippling of stealing its product idea

I took a deep dive into the future of robot vacuums — here's what the biggest brands have cooking, from from E.T.-style limbs to full humanoid home helpers