Prior to joining Honasa, Yatish Bhargava held senior leadership roles at Flipkart and Hindustan Unilever Limited.

Source: Entrackr

Parker, a well-funded startup offering corporate credit cards and banking services for e-commerce businesses, has filed for bankruptcy and is widely reported to have shut down.

The startup was part of Y Combinator’s winter 2019 cohort, and its Series A was led by Valar Ventures.

And Parker’s troubles seem to be confirmed in its May 7 filing for Chapter 7 bankruptcy protection. The filing states that the company has between $50 million and $100 million in assets, with liabilities in the same range. It also states that Parker has between 100 and 199 creditors.

Parker, the YC19 fintech that served ecommerce merchants with credit cards, has officially ceased operations on May 4th '26

Patriot Bank, parkers banking operations partner, issued an official statement to clients confirming. Parker had raised $200M.

Source: Tech Crunch

Home services firm Urban Company posted a net loss of Rs 159 crore in the fourth quarter (Q4) of financial year 2025-26 (FY26), widening 50X from a loss of Rs 3 crore in the year ago period.

The company's revenue from operations grew 42.5 percent year-on-year (YoY) to Rs 426 crore in Q4 from Rs 298 crore in the same period last year.

The company has reported a sharp increase in losses as it spends more heavily on expansion of InstaHelp, its 10-minute quick service arm, to ward off competition from new-age, privately held rivals such as Snabbit and Pronto. Urban Company is currently the market leader in the space and has said it will not shy away from investing more money to retain its leadership position.

Source: Money Control

Amazon is opening its entire logistics network—freight, distribution, fulfillment, and parcel shipping capabilities—to every business, of all types and sizes.

Any business can now move, store, and deliver everything from raw materials to finished products using the same supply chain that supports Amazon and its independent selling partners.

Amazon is opening its full portfolio of freight, distribution, fulfillment, and parcel shipping capabilities to businesses of all types and sizes, not only Amazon sellers. With this launch, Amazon is expanding its third-party logistics capacity to support businesses in industries such as healthcare, automotive, manufacturing, and retail.

Key takeaways

• Over the past three years, hundreds of thousands of Amazon sellers have trusted the company’s logistics network to move, store, and deliver hundreds of millions of packages across third-party facilities, warehouses, and sales channels beyond the Amazon store.
• Today, Amazon is launching Amazon Supply Chain Services (ASCS), opening its freight, distribution, fulfillment, and parcel shipping capabilities to businesses of all types and sizes.
• Leading brands Procter & Gamble, 3M, Lands’ End, and American Eagle Outfitters, Inc. are among the first to sign up for ASCS, now relying on Amazon’s logistics network across their supply chain.

Source: Amazon

SpaceX said it has an agreement giving it the right to acquire artificial intelligence startup Cursor for $60 billion later this year or to pay $10 billion for the companies’ work together, part of the Elon Musk-run firm’s efforts to catch up with rivals in AI coding tools.

Musk’s rocket, satellite and artificial intelligence giant announced the deal in a post on X, saying the two companies are “now working closely together to create the world’s best coding and knowledge work AI.”

Source: SpaceX

Apple announced that Tim Cook will become executive chairman of Apple’s board of directors and John Ternus, senior vice president of Hardware Engineering, will become Apple’s next chief executive officer effective on September 1, 2026.

Cook will continue in his role as CEO through the summer as he works closely with Ternus on a smooth transition. As executive chairman, Cook will assist with certain aspects of the company, including engaging with policymakers around the world.

Arthur Levinson, who has been Apple’s non-executive chairman for the past 15 years, will become its lead independent director on September 1, 2026. Ternus will join the board of directors, also effective September 1, 2026.

Ternus joined Apple’s product design team in 2001 and became a vice president of Hardware Engineering in 2013. He joined the executive team in 2021 as senior vice president of Hardware Engineering. Throughout his tenure at Apple, Ternus has overseen hardware engineering work on a variety of groundbreaking products across every category. He was instrumental in the introduction of multiple new product lines, including iPad and AirPods, as well as many generations of products across iPhone, Mac, and Apple Watch.

Source: Apple

A user was able to access another users source code, database credentials, AI chat histories, and customer data are all readable by any free account.

They accessed another user's profile, listed their public projects, and downloaded the source code of an admin panel for Connected Women in AI, a real danish nonprofit. the project was last edited 10 days ago. the developer has 3,703 edits this year. this is not abandoned. this is active.

They extracted the database credentials from the source code and queried it. got back real names, real companies, real linkedin profiles. speakers from Accenture Denmark and Copenhagen Business School. not test data. not "John Doe". real people at real companies who have no idea their information is exposed.

Lovable patched this for new projects. they never patched it for existing ones.

A project created in April 2026 returns 403 forbidden. The same developer's older project, actively edited 10 days ago, returns 200 OK with the full source tree. same API. Same endpoint. same free account. same session. one is protected. the other is wide open.

The first hackerone report was filed March 3, 2026. Lovable marked it triaged, then they shipped ownership checks for new projects and left every existing project exposed. 48 days later nothing has changed. He also claims that every conversation you have with lovable's AI is stored and readable through the same bug.

Source: weezerOSINT

A threat actor has listed their customers' data, source code, databases, and keys up for sale.

A security incident has been identified that involved unauthorized access to certain internal Vercel systems. Customers Vercel credentials were compromised.

As per Vercel, the incident originated with a compromise of Context.ai, a third-party AI tool used by a Vercel employee. The attacker used that access to take over the employee's Vercel Google Workspace account, which enabled them to gain access to some Vercel environments and environment variables that were not marked as “sensitive.”

Source: Vercel