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- 1France wants Google fines to offset EU budget contributions▼EU should use Google fines to cut member state contributions to budget, France says
France has proposed that fines imposed by the European Union on Google be used to reduce the contributions member states pay into the EU budget. The suggestion, reported by Reuters, links competition enforcement revenue to the bloc's finances. The proposal is likely to spark debate over how the EU should use the large antitrust penalties it regularly levies on major US technology companies.
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Apple Pay has gone live in India after 12 years, launching with Axis Bank-issued Visa and Mastercard cards. The service lets iPhone users make contactless card payments without PINs or OTPs, using NFC technology. Reports say more bank partnerships could follow, and Apple is positioning the service to compete with Google Pay and Paytm in India's crowded digital payments market. Questions remain over UPI integration and which cards will be supported.
- 3Google alumni raise $11.3M fund for enterprise AI startups▼Two Google alumni raise $11.3M to back AI startups that enterprises will actually pay for
Two former Google employees have raised $11.3 million to launch a fund backing artificial intelligence startups focused on enterprise applications. The fund says it will target AI companies building products that businesses are willing to pay for, prioritizing practical revenue-generating tools over experimental projects in a crowded AI investment market.
- 4Two Google alumni raise $11.3M for AI venture fund●Two Google alumni raise $11.3M to back AI startups that enterprises will actually pay for https://techcrunch.com/2026/09
Two former Google employees have raised $11.3 million for a new venture firm, Bag Ventures, that will invest in artificial intelligence startups. The fund is focusing on AI companies building deeper in the technology stack, with an emphasis on startups that offer practical products enterprises are willing to pay for rather than hype-driven ventures.