Business
Microsoft fires another 300 people after recent major layoff – Reports
Washington: US tech corporation Microsoft has cut its staff by more than 300 people after a major layoff in May, Bloomberg reported, citing a notice from the corporation to...
Business
U.S. to double steel, aluminum tariffs to 50 pct
New York: U.S. President Donald Trump announced Friday that he plans to double tariffs on steel and aluminum...
Business
Boeing strikes $1.1 bn deal with US DOJ to avoid prosecution over deadly 737 Max crashes
Arlington: Boeing has reached a non-prosecution agreement with the US Department of Justice (DOJ), allowing the aerospace company...
Business
Mexico continues negotiations with US on tariffs concerning steel, and automotive sectors
Mexico City: After a phone conversation with her U.S. counterpart, Mexican President Claudia Sheinbaum has decided to continue...
Business
US may reduce tariffs on China to 50 pc as part of trade agreement talks – Reports
Washington: The administration of US President Donald Trump is considering the possibility of reducing import tariffs on China...
Is Macron’s AI summit, start of a Global AI war between the US, Europe and China?
The AI Action Summit, held on February 10-11, 2025, at the Grand Palais in Paris, brought together world leaders, industry executives, academics, and civil...
Artificial Intelligence Action Summit in Paris as AI scam in Italy comes to light.
In a sophisticated scam that has recently come to light, several prominent Italian business figures were targeted by fraudsters impersonating Italian Defense Minister Guido...
Google revises AI use for weapons
Chicago: Alphabet, the parent company of Google, has amended its AI principles, veering course from its previous commitment to abstain from developing artificial intelligence...
U.S. stocks advance despite risks on escalating trade tensions
New York: U.S. stocks ended higher on Tuesday, as investors digested a mix of upbeat corporate earnings and evolving trade tensions, setting the stage...
Former Google CEO calls DeepSeek turning point for AI race
San Francisco: Former Google CEO Eric Schmidt described DeepSeek's rise as "a turning point" in the global artificial intelligence (AI) race, according to an...
Donald Trump says Microsoft in talks to buy TikTok
Washington: US President Donald Trump has said that Microsoft is in discussions to acquire TikTok and that he would like to see a "bidding...