Business
Meta Platforms plans sweeping layoffs as AI costs mount| Business News
[ad_1] Meta Platforms Inc. is planning sweeping layoffs that could affect 20% or more of the company, three people familiar with the matter said, as the world’s largest social media company looks to cut AI cost and prepares for greater efficiency brought on by AI-assisted workers. Meta Platforms CEO Mark ...
Airlines hike fares as West Asia war sets oil prices on fire| India News
[ad_1] Leading Indian airlines have begun hiking the fuel surcharges on domestic and international flights as the ongoing conflict between Iran and the US-Israel bloc sends aviation turbine fuel (ATF) prices spiraling. IndiGo made the latest such move on Friday. Passengers at the Jeddah airport in Saudi Arabia earlier this ...
IndiGo adds ‘fuel charge’ on flight ticket prices as oil spikes amid Iran war| Business News
[ad_1] IndiGo will begin levying a fuel charge on all domestic and international flight tickets starting March 14, 2026, citing a “sharp surge” in global aviation turbine fuel (ATF) prices amid an escalating Iran war. An IndiGo Airlines aircraft. (REUTERS/File) The move by InterGlobe Aviation Ltd. comes as geopolitical tensions ...
Jeffrey Epstein orbited Peter Thiel for years over money, connections and advice| Business News
[ad_1] A few weeks after allegations surfaced in the global media that Jeffrey Epstein forced a teenager to have sexual relations with Prince Andrew, he contacted tech entrepreneur Peter Thiel to say he had two finance ministers and “a bunch of bankers” for him to meet in New York. According ...
Iran war drags down everything, everywhere all at once for India Inc.—from Sensex to Nifty 50 and Rupee| Business News
[ad_1] India’s stock market suffered a across-the-board selloff Friday as an intensifying Iran war in West Asia pushed crude oil prices above $100 a barrel, threatening the inflation outlook and fiscal stability of Asia’s third-largest economy. The Bombay Stock Exchange building in Mumbai. (Reuters) The benchmark 30-share S&P BSE Sensex ...
After 18 years, Shantanu Narayen prepares to hand over Adobe reins| Business News
[ad_1] After 18 years at the helm, leading nearly 100 earnings calls in the time and transforming Adobe in more ways than one, CEO Shantanu Narayen is ready to hand over the reins. The longtime CEO has announced his decision to step down, in a memo to employees earlier today, ...
BuzzFeed flags ‘going-concern’ risks, explores options to stave off insolvency| Business News
[ad_1] BuzzFeed Inc. is exploring strategic options to help offset financial challenges and that there is “substantial doubt” about the media company’s ability to stay in business. BuzzFeed anticipates not having enough resources to fund its cash obligations for the next 12 months. “While we’ve significantly reduced operating costs and ...
Adobe CEO Shantanu Narayen’s resignation shows how AI takes its toll| Business News
[ad_1] Shantanu Narayen, chief executive of Adobe Inc. and one of the longest-serving leaders in Silicon Valley, has resigned, amid deepening investor scepticism over existence in an AI era. The market’s “what have you done for me lately” attitude with regard to AI has weighed heavily on Adobe CEO Shantanu ...
Xiaomi Pad 8 understands real workflows, and the Android tablet equation| Business News
[ad_1] A few days ago, I found some relevant numbers that will help set context. CyberMedia Research (CMR)’s India Tablet PC Market Review for Q4 2025 notes the tablet market grew 41% year-on-year in the quarter, and that premium large-screen tablets (they specifically note 11-inch displays or larger) accounted for ...
Meta Platforms to acquire AI social network Moltbook for Agentic AI chops| Business News
[ad_1] The world’s largest social media company is buying what may be the world’s strangest social network. On Moltbook, AI agents can interact with other AI agents while their human creators sit on the sidelines and watch. (Screengrab) Meta Platforms Inc. on Tuesday said it has agreed to acquire Moltbook, ...
