In an attempt to expedite decision-making and speed efforts to restore the declining discount retailer's client base, Target said on October 23 that it is laying off roughly 1,800 corporate personnel. According to a corporate representative, the company intends to eliminate roughly 800 open positions and is
On October 23, OpenAI announced that it acquired Software Applications, Inc. and its team, making “Sky” an AI tool for Mac. Learn more.
Days before Mehli Mistry's three-year tenure is to get over, Tata Trusts has suggested re-appointing him as a lifetime trustee, according to a PTI report on 23 October. On October 28, Mistry's tenure at the Sir Dorabji Tata Trust and Sir Ratan Tata Trust, the two
The Singapore court permitted WazirX to restart. And here's what 95% of its creditors agreed to do...
AWS has accused Meesho of an unpaid bill of INR 127.45 crore and has filed a complaint with the arbitration tribunal in New Delhi. So, how will this impact Meesho's IPO?
India’s startup and tech ecosystem witnessed significant funding activity and industry updates this week. AI solutions provider Uniphore raised USD 260 million in a Series F round led by NVIDIA, AMD, Snowflake, and Databricks, while healthy snacking company Wonderland Foods secured INR 140 crore in its maiden institutional funding
How is Jaguar Land Rover managing shutdown losses, U.S. tariffs, and still attempting to resume its operations? Learn more.
In response to US President Donald Trump's extensive immigration crackdown, Tata Technologies, an Indian provider of engineering services, announced that it will hire more locals in the US. In an effort to protect Americans from wage competition from overseas, the Trump administration intends to impose a high cost
To expedite the process of content removal by digital intermediaries, the IT ministry (MeitY) announced changes to the IT Rules, 2021 on 22 October. The new regulations, known as the Information Technology (Intermediary Guidelines and Digital Media Ethics Code) Amendment Rules, 2025, establish senior-level accountability and provide detailed guidelines for
Microsoft wants its employees to have more work freedom, while Dell and Amazon have stricter 5-day work rules. Why? Learn more.
A spokeswoman confirmed to CNBC on 22 October that Meta will lay off some 600 workers in its artificial intelligence division as part of its efforts to streamline operations and cut layers. Alexandr Wang, the company's chief AI officer, who was brought on board in June as part
Brian Chesky, the Chief Executive of Airbnb Inc., stated that the company's online travel app was not yet integrated with OpenAI's ChatGPT due to the startup's connective tools not being "quite ready". In an interview, Chesky stated that Airbnb will keep an
Despite hit shows and good financial numbers, Netflix's investors are still worried. It's the eleventh time this month to see Netflix fall, and why is it happening?
The biggest telecom provider in India by market share, Jio Infocomm Ltd., has no imminent plans to raise mobile phone rates, defying market predictions. Instead, it wants to increase revenue by encouraging users to use more data. Contrary to market predictions, Reliance Jio Infocomm Ltd, the largest telecom provider in
In a letter to Infosys' major promoters, such as Nandan Nilekani and N. R. Narayana Murthy, they have declined to sell their shares. So, how will Infosys buy back 10 crore shares? Learn more.
Zoho will soon launch its payment app, similar to Google Pay, Phone Pay, and Paytm. The company is also working on apps that take care of billing, payroll and...
Should gold and silver investors be worried as gold dipped 2.9% today, and the silver price fell 2% on October 21? Learn what the analysts say about it.
One of the biggest employers in the US, Amazon, is getting ready for a significant change in the way it manages its warehouses. Roughly over the next ten years, the firm plans to replace roughly half a million jobs with robots, according to internal documents and interviews that The New
Alphabet's market value plummeted by $150 billion on 21 October as a result of OpenAI's release of ChatGPT Atlas, an AI-powered web browser. This was one of the biggest one-day market reactions to a tech product launch this year. A mysterious six-second movie showcasing browser tabs
For the fiscal year 2024–2025, Microsoft Corporation Chief Executive Officer Satya Nadella received a pay increase to $96.5 million, the biggest since taking over the position more than ten years ago. According to Bloomberg, the board credited the rise to the business's advancements in artificial intelligence
Meta is rolling out a new WhatsApp Business API policy update that bans AI chatbots, effective January 15, 2026. Learn the impact on businesses.
After the implementation of a new US regulation that charges a substantial $100,000 cost for each new H-1B visa petition, the US retail giant Walmart Inc. has halted making job offers to applicants who need sponsorship for an H-1B visa, Bloomberg reported on 22 October. Given the dramatic increase
With Atlas's launch, OpenAI is all set to take on the AI web browser competition with Chrome and others. Atlas's special features include...
Shares of Warner Bros. Discovery (WBD) rose 10% in morning trade after the firm announced on 21 October that it is broadening its strategic examination of the business and is open to a sale. WBD declared earlier this year that it will divide into two distinct companies: a worldwide networks