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As the Trump administration proposes massive budget cuts for the US space program, NASA issued a new plea this week for its employees to quit the agency with a new offer for job buyouts. NASA officials announced the launch of a new early retirement and deferred resignation programme on June
After considering industry input from consultations and evaluating market participants' preparedness, regulator SEBI announced the "Valid" mechanism on June 11, which will give market intermediaries a unique Unified Payments Interface (UPI) address to collect money from clients. According to Tuhin Kanta Pandey, Chairman of SEBI, the innovative
OpenAI's ChatGPT is now operational after more than 16 hours of non-operation. According to a status report from OpenAI, almost all of ChatGPT's features began functioning correctly for users at 4:00 AM on 11 June. The platform is still experiencing high mistake rates, though. According
Google's Gemini app now offers Scheduled Actions, a new productivity-focused feature. Users with subscriptions to Google AI Pro, Google AI Ultra, and specific Google Workspace business and school accounts can now access the service, which was launched on June 10. The update, which was first revealed at Google&
The government is allegedly considering a plan to reinstate the Merchant Discount Rate (MDR) on Unified Payments Interface (UPI) transactions over INR 3,000 in an effort to relieve financial strain on banks and payment service providers. As per various media reports, the action is intended to address the operational
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Thinking about coffee? Yeah, me too! And when it's about coffee, no one can beat Starbucks! The most delicious American coffeehouse and company. But what keeps this company incredibly successful? So, to bring a better perspective to the business model of Starbucks, we have presented this article for
According to a media source, OpenAI intends to integrate Alphabet's Google Cloud service to accommodate its expanding processing capacity requirements. This is an unexpected partnership between two well-known rivals in the artificial intelligence space. As per the report, the agreement was concluded in May after being discussed for
3.5% of Paramount Global's employees in the US will be let go, the company revealed. According to a media report, the information was distributed to staff members via an internal memo on 10 June. The company's efforts to address declining cable TV viewing as more
Several media outlets have reported that Meta is finalising an agreement to spend $14 billion on Scale AI. Earlier this week, one media site said that an investment might exceed $10 billion, while on June 10, another media publication said that Meta will pay around $15 billion. Various other media
The coding platform Tynker and the children's learning platform Epic, two American assets of the struggling edtech company Byju's, were sold for a small portion of what the company had spent for them. According to a media report, both sales were allowed by a US bankruptcy
The board of the massive D2C e-commerce company Meesho has authorised the company's transformation into a public company in preparation for an IPO. In an extraordinary general meeting on June 5, the board of Meesho passed a special resolution to change the company's name from "
The well-liked Indian Premier League (IPL) team Royal Challengers Bengaluru (RCB) might soon have a new owner. According to a media report, Diageo Plc, the British corporation that controls RCB through United Spirits Ltd., its Indian subsidiary, is looking into selling all or a portion of its franchise. A person
On June 9, Qualcomm Incorporated declared that it had reached a deal with Alphawave IP Group plc about the terms and conditions of a suggested acquisition of all of Alphawave Semi's issued and to be issued ordinary share capital by Aqua Acquisition Sub LLC, an indirect wholly-owned subsidiary
The question of whether artificial intelligence will eventually replace human programmers has been discussed a lot lately. However, Google CEO Sundar Pichai claims that AI isn't going to replace developers anytime soon; on the contrary, it's doing the exact opposite. Pichai recently stated in an interview
Hours after revealing its new software at the Worldwide Developers Conference (WWDC) 2025 in California, Apple has made the iOS 26 developer beta update available. 'Liquid Glass' is a new UI design language that Apple has included in its developer beta to allow app developers to improve their
With an anticipated monthly price of INR 3,000 for limitless bandwidth and a one-time fee of INR 33,000 for the receiver kit, Elon Musk's satellite internet business Starlink is getting closer to offering its services in India. According to a media site, the service is anticipated
In the Balewadi-Baner neighbourhood of Pune, the dark store "Energy Darkstore Services", one of the stores of Blinkit, has been the target of significant action from the Maharashtra Food and Drug Administration. The FDA has ordered this establishment to close immediately due to numerous major irregularities and operating
According to numerous media reports, fashion retailer Shein and partner Reliance Retail intend to quickly grow their Indian supplier base and begin selling Shein-branded clothing abroad in the next six to twelve months. As per stories published in the media, the Singapore-based e-commerce company, which was started in China, has
In an attempt to cut expenses while one of its companies declares bankruptcy, Sunnova Energy has let go of 718 workers, or around 55% of its workforce. In a filing on 5 June's afternoon, Sunnova informed federal regulators that its wholly owned subsidiary, Sunnova TEP Developer LLC, had
Four significant public sector banks have changed their lending rates in response to the Reserve Bank of India's (RBI) recent move to lower the repo rate by 50 basis points, which reflects the central bank's monetary easing stance. In the face of persistent difficulties, the action
With the CEO of HDFC Bank now also named as an accused for allegedly targeting and harassing founder trustee Kishor Mehta, the ongoing conflict between the current trustees and former trustees of the Lilavati Kirtilal Mehta Medical Trust (LKMMT), which operates the renowned Lilavati Hospital in Bandra West, Mumbai, has
According to a number of media stories, JP Morgan has warned new hires that they may lose their jobs if they accept positions at other organisations in the future. The CEO of the bank claimed that it was "unethical" to accept a position at JP Morgan with the
Uncertainty surrounds the fate of a Japanese private lunar lander that lost communication on 6 June while descending to the moon. The lander, dubbed Resilience, successfully left lunar orbit, according to Tokyo-based iSpace, but communication was lost during the hour-long descent phase. At crucial points, the company's broadcast
In an effort to combat growing operating expenses and waning consumer demand, Procter & Gamble has revealed intentions to lay off around 7,000 employees, or roughly 6% of its global workforce, over the course of the next two years. The company's non-manufacturing employees, who make up over