Experts say TCS' decision to cut 12K jobs signals the start of an AI-fueled trend that could eliminate ~500K jobs in India's $283B IT sector within three years — Indian outsourcing giant Tata Consultancy Services' (TCS.NS) decision to cut over 12,000 jobs signals the start of a broader AI-fueled trend …
OpenStore is scaling back its e-commerce aggregation efforts, closing nearly all of its 40+ Shopify stores and rebranding under its Jack Archer menswear label — When venture capitalist Keith Rabois got into e-commerce, he couldn't stop buying brands. Now, everything must go.
Sources: SoftBank purchased Foxconn's EV plant in Ohio for $375M, a move aimed at kickstarting its $500B Stargate data center project with OpenAI and Oracle — SoftBank Group Corp. is the buyer taking ownership of Foxconn Technology Group's electric vehicle plant in Ohio …
Apple says Apple Intelligence will use OpenAI's GPT-5 on iOS 26, iPadOS 26, and macOS Tahoe 26, with the system updates expected to arrive in September — Earlier today, OpenAI announced GPT-5, its latest model to power ChatGPT. The new frontier model is a significant leap forward in a lot of areas.
A look at the impact of AI voice cloning on India's dubbing and voiceover sector, as artists demand consent, credit, and fair pay amid a lack of laws for AI use — As AI voice cloning in films becomes a reality, India's dubbing artists are demanding consent, credit and fair pay …
Sony reports Q1 revenue up 2.2% YoY to $17.8B, net profit up 23% YoY to ~$1.8B, PS5 sales at 2.5M, up from 2.4M in Q1 2024, and expects a lower FY tariff impact — The company expects uncertainty over the economy to increase due to U.S. tariffs — Sony Group reported higher quarterly net profit …
New York Times : Sources: the US State Department ordered embassies to push back against foreign influence campaigns, as officials worry ...
