TCS Layoffs Signal AI-Driven Shift in IT Sector
Tata Consultancy Services cuts 12,000 jobs amid AI adoption, highlighting a broader transformation in India’s $283B outsourcing industry. Workforce Restructuring...
Economy
Trump Opens Path for Nvidia’s AI Chip Sales in China
Trump may allow Nvidia to sell downgraded Blackwell chips in China, while securing a 15% revenue share from AI chip...
Apple Pledges $100 Billion in New U.S. Investment
Apple has announced a new $100 billion investment pledge for its U.S. operations. The move may help the company navigate...
Tech Giants Challenge Italian VAT Claim
Major tech companies, Meta, X, and LinkedIn, are appealing Italy's unprecedented VAT claim, potentially influencing EU tax policy on digital...
US Adopts Stablecoin Regulation
New law aims to integrate stablecoins into mainstream finance, potentially boosting dollar's role. Industry sees significant growth, while critics raise...
Nvidia Surpasses $4 Trillion in Market Value
Nvidia’s market value tops $4 trillion, driven by surging AI demand, outpacing Apple and Microsoft amid trade tensions and global...
Chip Sales Surge 27% Globally in May 2025
Global semiconductor sales surged 27% year-over-year in May 2025, driven by strong demand in the Americas and Asia Pacific regions....
Nvidia Briefly World’s Most Valuable Company
Market Value Milestone Shares of Nvidia surged 2.4% to $160.98 in Thursday trading, pushing its market valuation to an intraday...
Xerox Acquires Lexmark in $1.5 Billion Deal
Xerox Holdings Corporation finalized its $1.5 billion acquisition of Lexmark International, Inc. today, marking a significant step in its strategic...
Nvidia Briefly Tops Apple in Race to $4 Trillion Valuation
Soaring AI Demand Fuels Rally Shares of Nvidia surged as much as 2.4% on Thursday, lifting its intraday market capitalization...
