Latest News, Updates & Breaking Headlines
Nvidia, Google, Amazon and other tech companies are scrambling to protect thousands of employees who have been caught in the middle of a rapidly deteriorating situation due to the escalating conflict in the Middle East following the war between US-Israel and Iran. The strikes from both the sides have disrupted civilian life, internet access, flight…
OpenAI CEO Sam Altman asserted employees have no say in US military operations, even after a Pentagon deal for classified AI deployment. The move followed rival Anthropic’s blacklisting, sparking internal and external criticism over timing and optics. Altman emphasized the Pentagon respects OpenAI’s safety measures but retains operational control, while also acknowledging competitors might offer…
Dario Amodei, founder, Anthropic Hundreds of employees working in technology companies across America have signed an open letter requesting the Department of War (DoW) and Congress to withdraw its designation of Anthropic as a “supply chain risk.” Late last week, Anthropic and the Defense Department failed to reach agreement on a long-term deal for the…
EPFO interest rate (AI image) EPFO interest rate FY 2025-26: The central government has decided to keep the annual interest rate on Employees’ Provident Fund deposits unchanged at 8.25 per cent for the financial year 2025–26, the Ministry of Labour and Employment said. The move is expected to benefit crores of workers by reinforcing their…
Microsoft founder Bill Gates recently made it clear that his idea of spending his wealth differs from many super rich, including his late friend and Microsoft co-founder Paul Allen. Gates has reportedly said that he has no interest in owning the NFL franchise that Paul Allen purchased in 1997 and which is now seeking a…
OpenAI CEO Sam Altman reportedly told his employees that rival Anthropic was ‘overreacting’ in its dispute with the US Department of War. A report cited an internal memo sent by Altman to his employees to make this claim. The memo was reportedly sent just hours before OpenAI finalised a deal with the Pentagon to deploy…
Amazon CEO Andy Jassy says he hasn’t “really digested” Jack Dorsey’s decision to lay off 4,000 employees — nearly half of Block’s workforce — citing AI-driven efficiency gains. Jassy acknowledges that many jobs humans have done for decades won’t need as many people going forward, but struck an optimistic note, saying new roles will emerge…
SAP employees have reportedly raised concerns over a newly introduced bonus system in the company. A Bloomberg report, citing people familiar with the matter, said employees at the German software company have raised concerns about the new bonus payout system that favours underperforming managers while placing stricter performance expectations on lower-ranking staff.The compensation package has…
Block led by CEO Jack Dorsey has announced the most dramatic layoffs in the recent times. The company has slashed around 40% jobs which is nearly half of its workforce in a single round of layoffs. The company’s workforce has dropped from over 10,000 employees to just under 6,000. Speaking about the layoffs Dorsey said…
AI-generated image for representation purpose A post by a tech worker in San Francisco showing multiple pairs of shoes left on the floor outside the office door has gone viral on social media. The place in the viral photo is identified as Cursor’s office – the AI startup founded in 2022 by four MIT alumni…
