Topic
2421 articles found
Meta Platforms is set to lay off approximately 8,000 employees, about 10% of its workforce, on May 20. This significant workforce reduction aims to boost efficiency and offset substantial investments in artificial intelligence development. The company is also freezing 6,000 open positions. Affected
The planned investment comes as part of the company’s broader commitment to invest over $35 billion in India by 2030, with a focus on AI-led digitisation, export growth, and job creation.
The Karnataka government has launched Bescom's 'HT Mitra' portal. This new online platform offers faster grievance redressal for industries and commercial establishments with high tension electricity connections. Developed by Bescom engineers, it allows customers to register complaints and track the
The White House has accused China of stealing intellectual property from American artificial intelligence labs. This industrial-scale theft exploits US innovation. The White House plans to crack down on this practice. The Financial Times reported this development. This warning signals a significant
Reliance Enterprise Intelligence Limited has appointed Parminder Singh as its Chief Executive Officer. The joint venture between Reliance Intelligence and Facebook aims to boost enterprise AI adoption in India. Singh brings extensive experience from tech giants like Google and Apple. He will lead th
Finance Minister Nirmala Sitharaman met with bank leaders to address Artificial Intelligence risks. Concerns arose from Anthropic's Mythos AI model and its potential impact on financial system data security. Banks are urged to implement preemptive measures to safeguard systems and customer data. Off
Microsoft is planning its first voluntary employee buyout in the Windows maker's 51-year history. Microsoft is also adjusting the way it doles out stock to employees for annual rewards, the report said. It will no longer make managers tie stock directly to cash bonuses.
Amazon is changing job titles at its Ring and Blink units. Employees will now be called "builders" and their bosses "builder leaders." This move aims to create a more adaptable organization focused on customer value. While Amazon states compensation and growth paths remain unchanged, some employees
For the full year ending on March 31, 2026, its revenue from operations rose 38% to Rs 2,436 crore, from Rs 1,770 crore in FY25. On an annual basis, it posted a net profit of Rs 13 crore compared to Rs 222 crore net loss in the year prior. Bluestone posted its first-ever quarterly profit of Rs 68.8
With the rapid expansion of the digital ecosystem and rising cyber threats, experts have called for creating a digital identity for every device and strengthening artificial intelligence (AI)-led cybersecurity systems to protect citizens and critical infrastructure.
Elon Musk's automotive and robotics company Tesla said Thursday that it would hire more than 1,000 people in Germany, a rare bright spot in the country's struggling auto industry. The news is a stark contrast to rounds of layoffs in Germany's key automotive industry, where domestic players are strug
Warner Bros Discovery shareholders are set to vote Thursday on the company's proposed $81 billion sale to Skydance-owned Paramount, in a mega merger that could vastly reshape Hollywood and the wider media landscape.
Huawei is investing heavily in smart driving technology. The company plans to spend billions on research and development and computing power. This move aims to secure its leading role in China's electric vehicle market. Huawei's automotive business is its fastest-growing segment. Several vehicle mod
Flipkart is preparing to launch a dedicated app for its quick commerce service, Flipkart Minutes. This move aims to boost visibility and brand recall for the service. The company is targeting a pilot launch soon, with a full rollout planned before the year ends. This strategy follows similar moves b
