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Strategists at America’s biggest bank JP Morgan have recently shared a note to investors, saying the sharp fall in software stocks may be excessive and could be driven by fears that are not fully supported by current business conditions. In its note to investors, the bank said that markets are pricing in near-term disruption from…
Note: AI-generated image for representation Software companies across the globe have lost over a trillion in market value in the past week. The carnage has been triggered by Anthropic’s AI tool. The rout triggered by Anthropic’s open-source legal plugin for Claude Cowork swept away some of the biggest tech names, including ServiceNow, Salesforce and Microsoft….
Anthropic’s co-founder, Daniela Amodei, revealed that her company prioritizes human qualities like communication and empathy over technical skills for new hires. She believes humanities will become increasingly vital as AI advances, emphasizing that “humans plus AI together actually create more meaningful work. Daniela Amodei, co-founder and president of Anthropic—the company whose recent AI updates triggered…
It took Ajay Sharma Chinta nearly three months to speak openly about what happened to him.“It wasn’t easy,” he says. “I’m still looking for a job, and I was genuinely afraid that talking about my experience might affect my future prospects.”Ajay is soft-spoken, hardworking, and widely regarded by his colleagues as talented. He was part…
MUMBAI: Most companies reporting their financial results for Q3FY26 are reporting a large one-time provison towards employee benefits attributing it to the new labour code. TOI takes a look at what brought about these changes and how does it affect stakeholders.1. What is the new labour code change that is forcing companies to make one-time…
NEW DELHI: Drug makers are set to gain clarity under the proposed India-US trade agreement, sharpening expansion plans in the world’s most lucrative pharmaceutical market. While the sector was insulated from punitive US tariffs, the generics business of major companies, including Sun Pharma, Dr Reddy’s and Cipla faced significant headwinds in the third quarter ended…
Gaming giants faced massive stock drops after Google’s AI, Project Genie, was unveiled. While impressive, the tool generates basic, non-playable virtual worlds, not actual games. Investors’ fears of AI disrupting game creation are seen as an overreaction, overlooking the complex realities of game development and technical limitations. Major video game companies watched billions evaporate from…
Union Budget 2026 recognises the Indian IT sector as one of the key growth drivers for the country’s economy. Union Finance Minister Nirmala Sitharaman proposed a single category for companies offering IT services in the country. Highlighting India’s position as a global leader in software development services, IT-enabled services, Knowledge Process Outsourcing (KPOs) and contract…
An Indian tech immigrant living in Germany started a debate online after saying the European country is not suited for ambitious people seeking rapid career growth. The comments came as Germany struggles with a severe shortage of skilled workers across multiple sectors.Posting on X, the user, who goes by the name mayukh_panja, said young Indians…
Elon Musk is exploring a major consolidation of his ventures, potentially merging SpaceX with either his AI startup xAI or electric car giant Tesla. This move, ahead of SpaceX’s planned $1.5 trillion IPO, could create a powerful entity focused on space-based AI infrastructure or an energy-meets-exploration powerhouse. Planning appears advanced with new Nevada entities registered….
