NEWS

Oracle Trims 150+ Cloud Jobs as AI Push Drives Up Costs

Oracle Trims 150+ Cloud Jobs as AI Push Drives Up Costs

By Axel Miller | 14 Aug 2025

Oracle Corp. has cut more than 150 jobs in its cloud division, a move that underscores the balancing act tech companies face

Perplexity AI Targets Google’s Crown Jewel with $34.5 Billion Bid for Chrome Browser

Perplexity AI Targets Google’s Crown Jewel with $34.5 Billion Bid for Chrome Browser

By Cygnus | 13 Aug 2025

In a move that could shake up the race for AI-driven search dominance, Perplexity AI has launched an unsolicited $34.5 billion all-cash bid to acquire Google’s Chrome browser.

India’s July consumer price inflation at an 8-year low of 1.55%

India’s July consumer price inflation at an 8-year low of 1.55%

By Unnikrishnan | 13 Aug 2025

Consumer price inflation in India, based on the All-India Consumer Price Index (CPI) hit an 8-year low of 1.55 per cent in July 2025

Musk Warns of Legal Action Against Apple Over App Store Rankings

Musk Warns of Legal Action Against Apple Over App Store Rankings

By Axel Miller | 12 Aug 2025

Elon Musk is accusing Apple of suppressing competition within its App Store. On Monday, the billionaire said his artificial intelligence

China’s State Media Questions Security of Nvidia H20 Chips

China’s State Media Questions Security of Nvidia H20 Chips

By Cygnus | 11 Aug 2025

A Chinese state media-linked account has raised fresh concerns over the security and quality of Nvidia’s H20 artificial intelligence chips

TCS Layoffs Signal AI-Driven Shift in India’s $283 Billion Outsourcing Industry

TCS Layoffs Signal AI-Driven Shift in India’s $283 Billion Outsourcing Industry

By Cygnus | 08 Aug 2025

Tata Consultancy Services’ decision to cut more than 12,000 jobs is being seen as a pivotal moment for India’s IT outsourcing sector

Apple Commits Another $100 Billion to U.S. Investments as Trump Pushes for Domestic Manufacturing

Apple Commits Another $100 Billion to U.S. Investments as Trump Pushes for Domestic Manufacturing

By Axel Miller | 07 Aug 2025

In a headline-grabbing move, President Donald Trump announced Wednesday that Apple has pledged an additional $100 billion investment in the United States.

RBI keeps policy repo rate unchanged at 5.50% amidst tariff row with US

RBI keeps policy repo rate unchanged at 5.50% amidst tariff row with US

By Unnikrishnan | 06 Aug 2025

The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) at its meeting on Wednesday decided to keep the policy repo rate unchanged at 5.50 per cent voted

OpenAI Unveils Open-Weight AI Models, Democratizing Advanced AI Development

OpenAI Unveils Open-Weight AI Models, Democratizing Advanced AI Development

By Cygnus | 06 Aug 2025

OpenAI has announced the release of two new open-weight AI models, gpt-oss-120b and gpt-oss-20b, marking a significant shift toward making powerful AI tools more accessible and affordable.

US slaps sanctions on 6 Indian companies over imports from Iran

US slaps sanctions on 6 Indian companies over imports from Iran

By Unnikrishnan | 03 Aug 2025

The United States on Wednesday imposed sanctions on six Indian companies, including Alchemical Solutions, Global Industrial Chemicals, Jupiter Dye Chem, Ramniklal S Gosalia & Co

Govt lists measures to ease compliance process for exporters

Govt lists measures to ease compliance process for exporters

By Unnikrishnan | 03 Aug 2025

The ministry of commerce has provided a comprehensive list of initiatives taken to bring transparency so as to make compliance with procedures and guidelines easy for exporters

Tata Group to Acquire Iveco’s Italian truck business for $4.4 billion

Tata Group to Acquire Iveco’s Italian truck business for $4.4 billion

By Unnikrishnan | 01 Aug 2025

Tata Motors has agreed to acquire Turin, Italy-based commercial vehicle brand, Iveco for $4.4 billion (Euros 3.8 billion/Rs38,240 crore), as part of its strategy of expanding global commercial vehicle business.

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