Latest News, Updates & Breaking Headlines
Berkshire Hathaway is holding on to more cash than ever, highlighting a cautious stance in the equity markets even as the company posts strong quarterly earnings.The conglomerate, led by Warren Buffett, reported that its cash balance has reached $381.7 billion, the highest in the firm’s history. The figure swelled further after the company continued to…
MUMBAI: The “script” for the shocking Powai hostage crisis was apparently planned for over a month. Seventeen children had their hands tied and mouths taped at a recording studio Thursday, as everyone believed a “hostage scene” for a web series was being filmed. Panic set in only when the captor, Rohit Aarrya, pulled out a…
YouTube is now offering voluntary buyouts to select employees as part of an internal reorganisation which is aimed at accelerating its push into artificial intelligence. As reported by Business Insider, the decision was announced by YouTube CEO Neal Mohan in an internal memo. This move from YouTube comes at a time when the company is…
Google-parent Alphabet has reported its first-ever $100 billion quarterly revenue, marking a major milestone as the tech giant’s aggressive investments in artificial intelligence (AI) begin paying dividends across its business. CEO Sundar Pichai announced the third-quarter results with a celebratory message to employees, noting that the company has doubled its quarterly revenue in just five…
Tesla Board Chair Robyn Denholm has issued an urgent appeal to shareholders ahead of the November 6 annual meeting, warning the company could lose significant value if they reject CEO Elon Musk‘s proposed $1 trillion compensation package. In a letter sent earlier this week, Denholm cautioned that without the pay plan, Tesla risks losing Musk’s…
Online commerce giant Amazon has announced that it is cutting around 14,000 corporate jobs. Amazon’s senior vice president of people experience and technology, Beth Galetti shared a blog post announcing the job cuts. In the post, Galetti said the company is making “organizational changes across Amazon” that will result in an “overall reduction in our…
Ashok Elluswamy and Elon Ashok Tesla CEO Elon Musk has revealed how a single social media post helped him hire Ashok Elluswamy – now the head of Tesla’s Autopilot and AI division, and several others who shaped the electric vehicle (EV) company’s artificial intelligence journey. The world’s richest man quoted an X post that resurfaced…
Just weeks ago Mark Zuckerberg‘s Superintelligence Labs unit was in news for hiring AI researchers at $100 million pay packages. So much so that, Meta’s AI division started talent war in Silicon Valley, poaching AI engineers from rivals including Google, Apple and ChatGPT-maker OpenAI at multi-million-dollar salary packages. Nobody in the talent race for AI…
Google CEO Sundar Pichai has officially welcomed Karthik Narain, a former Global CTO of Accenture, to Google Cloud as its new chief product and business officer. Pichai took to professional networking platform LinkedIn to welcome and congratulate Narain. In a post shared Pichai praised Narain’s deep expertise in enterprise technology and his ability to drive…
The India Meteorological Department (IMD) has issued a detailed alert predicting widespread rainfall and thunderstorms across several parts of southern and eastern India over the coming week. As per the report, the weather condition is expected to continue through October 26. Multiple regions in the southern peninsula, including Tamil Nadu, Kerala, Karnataka, Andhra Pradesh, Telangana,…
