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Tim Cook recently recalled the moment when Apple founder and former CEO Steve Jobs wanted Cook to take over as CEO of the company. In a recent interview with CBS, Tim Cook said Jobs invited him to his home and explained that he wanted Cook to lead the company in the future. During that conversation,…
Nvidia CEO Jensen Huang is now urging people to stop worrying about AI wiping out white-collar jobs and instead focus on the massive economic opportunity unfolding. In a blog post shared on March 10, Huang said that the present $700 billion wave of AI data center investment is only the start of a much larger…
NEW DELHI: Continuing with its humanitarian approach towards acid attack survivors, the SC on Monday asked the states and Union Territories to explain whether these physically disfigured people can be rehabilitated through preferential employment in govts and PSUs through a policy decision.Dealing with a PIL by acid attack survivor Shaheen Malik, a bench of CJI…
US stocks fell sharply on Friday as surging oil prices and disappointing economic data fuelled concerns about a potential stagflation scenario, where slowing growth combines with rising inflation.The S&P 500 dropped 1.6%, while the Dow Jones Industrial Average fell 909 points, or 1.9%, to 48,338.36 as of 9:35 am Eastern Time, AP reported. The Nasdaq…
The US economy unexpectedly shed jobs in February, marking a sharp reversal from the previous month and raising fresh concerns about the strength of the labour market.Data released by the US Labor Department on Friday showed the world’s largest economy lost 92,000 jobs in February, compared with job growth of 126,000 in January, reported AFP.The…
US President Donald Trump has ordered every federal agency to “immediately” stop using technology developed by AI firm Anthropic. In a scathing post on Truth Social, the 47th POTUS branded the company’s leadership “Leftwing nut jobs”, escalating the growing standoff between the White House and the Pentagon’s AI suppliers.“THE UNITED STATES OF AMERICA WILL NEVER…
MUMBAI: Indian startups have laid off more than 4,500 employees since July last year, data sourced from executive search firm Longhouse Consulting showed. The sudden ban on online real-money gaming which nudged many startups to shut overnight has pushed the numbers up but much of it also has to do with the selective flow of…
Anthropic CEO Dario Amodei has advised students and younger professionals to pivot toward human-centred skills. Speaking at a recent episode of Zerodha co-founder Nikhil Kamath’s WTF podcast, the co-founder of the artificial intelligence (AI) company that is behind the Claude chatbot that wiped billions from software, cybersecurity and other stocks has asked students and younger…
Microsoft President Brad Smith has said that artificial intelligence will not replace software engineers. Instead, it will support them by enhancing their skills and creativity. Speaking in an interview with news agency PTI, Smith addressed concerns about job losses in the technology sector. He said Microsoft’s focus is to build tools that help people improve…
Apple founder Steve Jobs reportedly learnt his most important marketing lesson came from Nike. In 1997, when Steve Jobs made his dramatic return to Apple (after having been fired in 1985), one of his top priorities is said to be reinvigorating not just the company’s products, but also Apple’s brand’s image. Talking to employees during…
