Latest News, Updates & Breaking Headlines
Aravind Srinivas, founder, Perplexity Aravind Srinivas, CEO of AI startup Perplexity has now issued a public warning for iPhone users. Srinivas has urged the iPhone users to not to download a version of the Comet app presently listed on the Apple App Store. Srinivas has called the app ‘fake and spam’ and has also clarified…
Salesforce CEO Marc Benioff has acknowledged that many of his enterprise customers are still struggling to understand and implement artificial intelligence, even as the company is increasing its investment in AI-powered platforms. Speaking in an interview with CNBC’s Jim Cramer at the opening day of Dreameforce 2025, Benioff said that the pace of innovation is…
(Left to right) Unsoo Kim, MD – HMIL, José Muñoz, President & CEO – Hyundai Motor Company and Tarun Garg, whole-time director & COO – HMIL Jose Munoz literally shattered the glass ceiling as he became the first non-Korean to become the global CEO and President of Korean automotive giant Hyundai in Jan 2025. A…
Apple will increase investment in China, the company’s CEO Tim Cook said during a meeting with the country’s industry minister in Beijing on Wednesday (October 15), news agency Reuters reported, citing an official summary of their exchange. The reported announcement comes weeks after Apple said that it will spend an additional $100 billion in the…
Tarun Garg (File photo; credit- Hyundai website) Hyundai Motor India announced on Wednesday the appointment of Tarun Garg as its new chief executive officer, establishing a historic milestone as the first Indian to lead the company’s operations in the country. The announcement was made alongside the disclosure of a $5 billion investment strategy for enhancing…
Amazon fired Ahmed Shahrour, a software engineer working for the company’s Whole Foods division in Seattle, on Monday following a five-week suspension, according to CNBC. The termination came after Shahrour posted messages on internal Slack channels criticising Amazon’s involvement in Project Nimbus, a $1.2 billion cloud computing contract with the Israeli government.“In the next 24hrs…
Intel’s fired CEO Pat Gelsinger recently blamed long-term structural issues for the chipmaker’s failure in the AI race. Speaking on CNBC’s Squawk Box recently, Pat Gelsinger remarked: “Intel made a set of bad decisions over 15 years,” adding “[We] lost technical leadership, wasn’t led by technologists for many years and we were late on AI…
Salesforce CEO Marc Benioff recently backed President Donald Trump’s plan to deploy troops in San Francisco. Joining him is now Tesla CEO Elon Musk who recently said that “This is the only solution at this point”. The tech billionaire was responding to a local advocate T Wolf’s post citing a March 2025 survey where 61%…
JPMorgan is hiring as part of its ambitious $1.5 trillion US “resiliency” plan, CEO Jamie Dimon announced on Monday.The bank is looking for financial specialists in defence, energy, artificial intelligence, and advanced manufacturing to help build an investment team. This team will deploy $10 billion in capital before the bank involves its bankers.“If you think…
Doug Lebda, the 55-year-old founder and CEO of LendingTree, has died in a tragic all-terrain vehicle accident at his family’s farm in North Carolina. The online lending platform confirmed his death on Sunday and said the company was mourning the sudden loss of its leader.“Doug was a visionary leader whose relentless drive, innovation and passion…
