Tata Consultancy Services (TCS), India’s largest IT services company, has confirmed it will cut 12,200 jobs as part of a sweeping restructuring plan driven by rapid adoption of artificial intelligence. This marks one of the largest layoffs in the company’s history and signals a significant turning point for the $283 billion global outsourcing industry. Why…
XRP’s price surges 11% following the Ripple-SEC settlement. Explore the impacts on the XRP bullish trend and investor confidence.
Taiwan Semiconductor Manufacturing Company, or TSMC, reported a strong jump in its sales for July 2025. The company’s revenue grew by 26% compared to the same month last year. This is a big increase for one of the world’s top chip makers. The main reason for this boost is the rising demand for AI chips….
Tesla has shut down its Dojo supercomputer team, a move few of us saw coming. Dojo was more than just a machine; it was a bold step toward making Tesla’s self-driving dream faster and smarter. Announced with big promises in 2021, it was designed to train massive AI models that could one day make cars…
Robert Keele has stepped down as xAI’s Legal Chief, ending just over a year in the role, citing a heartfelt need to spend more time with his young children and mentioning a “daylight between our worldviews” with Elon Musk. Why did he leave so soon? Keele called his stint at xAI “incredible,” and working with…
In recent months, there has been a lot of talk about how big tech companies should help the country grow. One of the biggest names in technology, Intel, found itself in the spotlight when former President Trump made a clear demand. He wanted Intel to boost its manufacturing in the United States and create more…
The average U S 30-year fixed mortgage rate is now around 6 .63 %, its lowest since April 2025, according to Freddie Mac data for the week ending August 7 2025. That’s a mild relief but still above the much-hoped-for 6 % mark. Why is it not at 6 % yet? Mortgage rates tend to…
The global outsourcing sector is worth around $283 billion, and it plays a vital role in global business services. India is a major part of this story. A big name, Tata Consultancy Services (TCS), is now cutting about 12,000 jobs, roughly 2% of its workforce, mostly mid- and senior-level roles. We see this as a…
ORIX’s ¥150 billion investment in aircraft leasing has led to a surge in its stock price, drawing significant investor attention. Explore the impact,
The stock market gave us a mixed picture today. The Dow slipped into the red, while the Nasdaq climbed to a new all-time high. The reason? Fresh tariff news that sent shockwaves across Wall Street. We saw investors react fast. Some rushed to buy tech stocks, hoping to ride the wave. Others pulled back from…