Latest News, Updates & Breaking Headlines
MUMBAI/NEW DELHI: The Indian Institutes of Technology continue to anchor the country’s global reputation in engineering, placing multiple disciplines firmly within the world’s top 50 QS rankings by subjects. Close behind, management education is carving out its own space, with institutions such as IIM Ahmedabad pushing into elite global ranks and signalling India’s growing influence…
China has barred two co-founders of Manus AI startup from leaving the company amid an ongoing probe into its $2 billion acquisition by Meta, reported Financial Times. The move comes as authorities review whether the deal violated foreign direct investment rules and national security rules. As per the report, the founders – Xiao Hong and…
Neal Stephenson, the author who coined “metaverse,” says Meta’s $80 billion VR failure was largely self-inflicted. He argues the real metaverse never needed goggles—Fortnite, Roblox, and Minecraft already are the metaverse, with hundreds of millions of users to prove it. He also says people will never consistently wear things on their faces. His advice to…
Facebook-parent Meta is reportedly granting stock options to key leaders in an effort to retain talent. According to a CNBC report, the company has made multiple filings with the US Securities and Exchange Commission (SEC) revealing names of executives involved in the incentive plan. These include CFO Susan Li, technology chief Andrew Bosworth, Chief Product…
FILE picture (AP Photo/Jeff Chiu, File) Mark Zuckerberg‘s Meta Platforms has hired the founders and core team behind Dreamer, an artificial intelligence startup launched earlier this year to simplify the creation of personalized AI agents. The move is said to signal a high-profile homecoming for co-founder Hugo Barra, a former Meta executive and Google veteran,…
Experts have indicated that if oil prices stay elevated, the currency could move into the 94–95 per dollar range. (AI image) Rupee depreciated against the US dollar in early trade on Tuesday, falling to levels of 93.71, down 18 paise from its Monday closing. On Monday, the rupee had breached the 94 per dollar mark…
The rupee breached the 94-per-dollar mark for the first time ever on Monday but recovered sharply to close flat at 93.53 against the US dollar, instead of ending at a fresh record closing low, amid geopolitical tensions in the Middle East, persistent foreign fund outflows and volatile crude oil prices.At the interbank foreign exchange market,…
File photo of the IPL trophy. India’s sports economy crossed the $2 billion mark for the first time, increasing by 13.4% year-on-year to reach $2.13 billion (Rs 18,864 crore). The industry has doubled in size in four years, accounting for an approximate 19% CAGR. Cricket accounts for 89% of total recorded receipts, up from 85%…
Meta CEO Mark Zuckerberg is building a personal AI agent to help him do his own job — part of a sweeping internal push to flatten the company’s organisation and accelerate work using AI. The move puts a practical spin on what Google CEO Sundar Pichai said late last year: that running a company might…
With the Middle East conflict now stretching into its fourth week, the impact is rippling across global markets, triggering a fresh wave of selling in cryptocurrencies and pulling Bitcoin below the $70,000 mark. Bitcoin fell to around $68,000 and was hovering near $68,627 after about $243 million in rapid liquidations hit the market, with most…
