AI Race Gets Political: China Reacts to Meta’s $2B Manus AI Buy
Manus AI to shut its operations in China. China isn’t letting its AI talent slip away without a fight. An investigation is underway, and founders are asked not to leave the country.
AI Is Now Replacing CEOs: Coca-Cola & Walmart Leaders Step Down
James Quincey (of Coca-Cola) and Doug McMillon (of Walmart) have stepped down, saying it's the right time for new AI leadership.
Netflix & Chill Just Got Pricier in the US: Users Say ‘It’s Cancel Time’
Netflix will charge $1-$2 more per user. Says it’s investing more in video podcasts and live sports events. Fair or unfair?
OECD Flags 4.2% U.S. Inflation: Warns Fed to Stay Alert
The Middle East war, energy crisis and Tariffs are likely pushing U.S. citizens into high inflation in 2026. Growth may persist, the reports say.
United Airlines New 5-Year Deal Promises Higher Pay, Better Work Rules
Rejected deal from last year comes back with $100/hour top pay, $740 million in bonuses across staff, and more. However, the approval is pending at the workers' end.
Meta & YouTube Lose Social Media Addiction Case: Ordered to Pay $6M
A 20-year-old Kaley complained that social media ruined her mental health by getting her addicted to it. Parents and commentators were relieved after the landmark win.
28-Day Recharge Debate: Government Urges Better Visibility for 30-Day Plans
Telecom firms asked to highlight 30-day plans more clearly to protect users from overpaying. Raghav Chadha places demands to…
OnePlus India CEO Robin Liu’s Exit Sparks Shutdown Speculation: Another Uncertainty?
Troubles persist as Robin Liu's resignation hits the news, and here's what it could mean to the customers in India.
Apollo Global Management Limits Payouts to 5% Amid Heavy Withdrawal Pressure From Its $15B Fund
Apollo says ‘no’ to 11.2% withdrawal demand from investors, citing a need to protect long-term investors.
John Ternus Gains Ground as Apple’s Top CEO Candidate After Tim Cook
Tim Cook has no plans to retire anytime soon, but Apple's search for the next is on. John Ternus, Vice President of Hardware Engineering at Apple Inc., is "well-liked" and a perfect fit for the role, insiders say.
INR 501 CR Swan Defence Shares Sale Attracts Top Investors Like Nikhil Kamath, Quant MF
Nikhil Kamath, Quant MF Lead, Swan Defence share buy, and now own nearly half of the OFS. The deal is driving in 1.2 times more subscribers.
Kotak Mahindra Bank Nears INR 4,500 CR Deal for Deutsche Bank India Retail Arm: Smart Buy?
Kotak wants to expand its MSME lending and wealth management for the rich with this deal.
OpenAI's 8,000 Hiring Plan in 2026: Bold Move or Big Risk?
- OpenAI may hire 12 employees per day. - New roles are now open in Product, Engineering, Research, Sales and Investigation. - New customers are choosing Anthropic 3x as often as OpenAI.
Investigators Flag $1.7B Iran Crypto Flows: Binance Suspends Them Instead
- The transactions are linked to a terrorist group. - Binance fires employees (investigators) who whistleblowed and face backlash. - Binance says it had to fire them for breaking company protocol.
Gilead Sciences to Acquire Arcellx in $7.8B Deal on Anito-Cel Cancer Therapy
- Oncology takes centre stage in Gilead’s new acquisition deal. - Gilead doubles down on CAR-T Therapy with Arcellx purchase, offering 79% higher on its shares. - Gilead Sciences is apparently dealing with declining sales for its COVID drug Veklury.
OpenAI Bets Big on AI Agents, Hires OpenClaw Founder Peter Steinberger
- Sam Altman called Peter Steinberger "a genius" in the announcement post on 'X.' - Peter Steinberger will be part of OpenAI's future core products. - The goal is to strengthen OpenAI's AI agents and multi-agent systems.
Paramount Revises WBD Bid With Delay Payouts, Covers Netflix Breakup Fee
Paramount adds an extra 25 cents per share per quarter for delays to make the deal attractive to Warner Bros Discovery shareholders...
Kroger Brings in Walmart Veteran Greg Foran as Its New CEO
- A year-long search for a CEO comes to a halt right at Greg Foran. - Kroger shares jumped 6% in premarket trade after the news made headlines. - The company is hoping to compete with Walmart under his leadership.
Meta Heads to Court: Multiple U.S. Lawsuits Over Child Safety Failures
- Meta is facing multiple lawsuits in the U.S. for its failure to protect children. - The cases could force major changes in social media. - YouTube, TikTok, and Snap are involved in similar cases.
Bitcoin Under Pressure: Price Slips Below $72,877 Amid Global Uncertainties
- Global turmoil and delayed U.S. data pushed Bitcoin lower by 6%. - The Bitcoin price drop on Tuesday nearly touched its lowest ($72,884.38 in 2024, November). - Experts characterise the dip as normal and express long-term optimism.
New Tax Regime Explained: Lower Taxes, Fewer Exemptions for Middle Class & Salaried
- The middle class and upper middle class get tax relief, as 30% tax only starts after INR 24 lakh. - The new tax regime is automatic, and if one wants the old one, they must actively choose it.
UPS Restructures Operations, Cutting 30,000 Jobs and Amazon Volumes
- UPS to Drop Amazon Deliveries by 1 million packages per day. - There could be additional layoffs as the company plans to close another 24 facilities in 2026. - The company is doing well financially, yet wants to let people go.
Bluesky Admits Missed Basics, Plans Major App Fixes in 2026 Roadmap
- Bluesky acknowledges core flaws as daily user activity drops 40% compared to last year. - Makers missed core basics such as post drafts, private accounts, slow video uploads, and more. - A better Bluesky algorithm is coming soon, says Head of Product, Alex Benzer.
China Is Carefully Letting Tech Giants Buy Nvidia’s H200 Chips
- Chinese companies can now get U.S. chips, but with tight restrictions. - ByteDance, Alibaba, and Tencent get the green light to import chips from Nvidia. - Other companies are in line for approval.