Economy
World / Countries / MNCs
Global stock markets suffered a major setback, with trillions of dollars wiped off the market value of leading technology companies amid growing concerns over AI development following a shift in the US political landscape after the midterm elections. more
Canva announces 22 pct workforce cut, offers six months' salary to laid-off employees

Australian design platform Canva has announced plans to cut 22 per cent of its global workforce as part of a major restructuring exercise, according to media reports.

Binance users get relief after massive hack: Withdrawals resume in phases

Binance has resumed cryptocurrency withdrawals days after a massive cyberattack reportedly affected more than $6 billion in funds, prompting the world's largest crypto exchange to tem ...

North Korean hackers behind $6.3 billion Binance heist? What we know so far

Cryptocurrency exchange Binance on Friday said it had set aside more than $6.34 billion in company funds to deal with the fallout of a massive security breach, with $5 billion held in the ...

Is Elon Musk building a flying car? Tesla's new Roadster stuns with rocket thrusters

Tesla has unveiled its redesigned Roadster, featuring rocket-style thrusters that were demonstrated in a video showing the vehicle leaping over a truck and other vehicles while twisting i ...

Netflix's big layoff shock: 1,000 jobs at risk amid fierce streaming competition

Streaming giant Netflix is reportedly planning to lay off around 1,000 employees, representing approximately 6% of its workforce, amid intensifying competition from rival platforms.

Is the world heading for a youth jobs crisis? UNDP flags 800 million at risk

Approximately 800 million young people entering the labour market in developing economies over the coming years will not find jobs unless countries act, the head of the UN Development Pro ...

Apple unveils HomePod mini 2 at Rs 18,900: Main features you need to know

Apple today announced HomePod mini 2, featuring Siri AI, gorgeous new colours, and enhanced audio experiences.

Apple TV 4K with Siri AI, A19 chip announced: Price, Features and Availability

Apple has unveiled the next-generation Apple TV 4K, featuring an upgraded Siri AI experience powered by Apple Intelligence, the A19 chip and enhanced home theatre capabilities.

From recessions to inflation: Why these two US economists won the Nobel Prize

US economists Robert E. Hall and Michael Woodford have been awarded the Nobel Prize in Economic Sciences for their work on the microeconomic foundations of macroeconomic stabilisation, th ...