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Business

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AI saves $500 million for Microsoft as layoffs reshape strategy
AI saves $500 million for Microsoft as layoffs reshape strategy

REDMOND, Washington: Artificial intelligence is transforming Microsoft's bottom line. The company saved over US$500 million last year...

FTC’s rule to ease subscription cancellations struck down by court
FTC’s rule to ease subscription cancellations struck down by court

WASHINGTON, D.C.: A federal rule designed to make it easier for Americans to cancel subscriptions has been blocked by a U.S. appeals...

Musk’s X loses CEO Linda Yaccarino amid AI backlash, ad woes
Musk’s X loses CEO Linda Yaccarino amid AI backlash, ad woes

BASTROP, Texas: In a surprising turn at Elon Musk's X platform, CEO Linda Yaccarino announced she is stepping down, just months after...

Ex-UK PM Sunak takes advisory role at Goldman Sachs
Ex-UK PM Sunak takes advisory role at Goldman Sachs

NEW YORK CITY, New York: Former British prime minister Rishi Sunak will return to Goldman Sachs in an advisory role, the Wall Street...

Gold ETF inflows hit 5-year high as tariffs drive safe-haven bets
Gold ETF inflows hit 5-year high as tariffs drive safe-haven bets

LONDON, U.K.: Physically backed gold exchange-traded funds recorded their most significant semi-annual inflow since the first half...

PwC: Copper shortages may disrupt 32 percent of chip output by 2035
PwC: Copper shortages may disrupt 32 percent of chip output by 2035

AMSTERDAM, Netherlands: Some 32 percent of global semiconductor production could face climate change-related copper supply disruptions...

Delhi

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Birkenstock steps up legal battle over fakes in India
Birkenstock steps up legal battle over fakes in India

NEW DELHI, India: Birkenstock is stepping up its efforts to protect its iconic sandals in India, as local legal representatives conducted...

"It was fantastic": Anil Kumble hails KL Rahul's gritty knock under pressure at Lord's
"It was fantastic": Anil Kumble hails KL Rahul's gritty knock under pressure at Lord's

New Delhi [India], July 12 (ANI): Former India captain Anil Kumble heaped praise on KL Rahul for his composed and disciplined innings...

Odisha: Dharmendra Pradhan distributes 201 appointment letters at Rozgar Mela in Bhubaneswar
Odisha: Dharmendra Pradhan distributes 201 appointment letters at Rozgar Mela in Bhubaneswar

Bhubaneswar (Odisha) [India], July 12 (ANI): Union Education Minister Dharmendra Pradhan on Saturday distributed 201 appointment letters...

IM Vantika Agrawal stuns former world champion Anna Ushenina in thrilling tiebreak battle at FIDE Women's World Cup
IM Vantika Agrawal stuns former world champion Anna Ushenina in thrilling tiebreak battle at FIDE Women's World Cup

New Delhi [India], July 12 (ANI): In a sensational second-round clash at the FIDE Women's World Cup, India's IM Vantika Agrawal pulled...

"Conclusive that accident happened because both engines lost power": Aviation expert Ehsan Khalid on AAIB preliminary report
"Conclusive that accident happened because both engines lost power": Aviation expert Ehsan Khalid on AAIB preliminary report

New Delhi [India], July 12 (ANI): Aviation expert Ehsan Khalid stated on Saturday that the preliminary findings of the Aircraft Accident...

India rapidly moving towards becoming world's third-largest economy: PM Modi
India rapidly moving towards becoming world's third-largest economy: PM Modi

New Delhi [India], July 12 (ANI): Prime Minister Narendra Modi on Saturday said that India is rapidly moving towards becoming the world's...