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Meta’s AI Data Center tax strategy that saves billions - Report
Business · Companies

Meta’s AI Data Center tax strategy that saves billions - Report

The debate over Meta's strategy therefore comes down to whether its massive AI infrastructure projects represent genuine experimentation for tax purposes or simply the construction and operation of expensive data centres.

Source: Mint
Not lack of talent, senior business leaders point to these key factors posing obstacles...
Business · Companies

Not lack of talent, senior business leaders point to these key factors posing obstacles...

Only 5% of leaders attribute execution gaps to talent shortages, a survey by Biz Staffing Comrade revealed. The primary obstacles holding organisations back they felt are shifting priorities and outdated processes.

Source: Mint
‘No place to grow artificial minds’: Why did David Robinson quit OpenAI? What did he write in his essay?
Business · Companies

‘No place to grow artificial minds’: Why did David Robinson quit OpenAI? What did he write in his essay?

David Robinson published a scathing essay in The Atlantic, accusing OpenAI’s ‘unimpeded optimism’ of fostering a hazardous environment for advanced technology

Source: Mint
‘I do not invest. I don’t do that stuff’: Why this Apple co-founder opted for a mere $50 paycheck
Business · Companies

‘I do not invest. I don’t do that stuff’: Why this Apple co-founder opted for a mere $50 paycheck

When Apple was founded in 1976, Steve Wozniak and Steve Jobs reportedly each held a 45% stake, while Ronald Wayne owned the remaining 10%. Wozniak later reportedly sold much of his stake during the 1980s.

Source: Mint
MRFA deal likely by end of FY27, says IAF chief; annual requirement of 36-40 fighters
Business

MRFA deal likely by end of FY27, says IAF chief; annual requirement of 36-40 fighters

Price negotiations underway for proposed 114-aircraft acquisition; IAF may consider another fighter platform if AMCA is delayed

Source: The Hindu
RBI chief lays down 5 key priorities to maintain financial stability amidst emerging risks
Business · Finance

RBI chief lays down 5 key priorities to maintain financial stability amidst emerging risks

“Financial instability anywhere can become a threat to financial stability everywhere”.

Source: The Hindu
Titan Company deepens focus on mechanical horology as category grows almost 5-fold
Business

Titan Company deepens focus on mechanical horology as category grows almost 5-fold

Newly launched platform Vetra will allow Titan to progressively develop capabilities across different mechanical functions and propositions, including open-heart constructions, GMT and date complications to cater to growing consumer appreciation for craftsmanship and engineering: Titan Watches CEO (pic shared)

Source: The Hindu
Paramount-Warner Bros merger: Who is staying, who is exiting as Skydance takes shape?
Business · Companies

Paramount-Warner Bros merger: Who is staying, who is exiting as Skydance takes shape?

Several senior Paramount executives are set to take on expanded responsibilities, while some of Warner Bros. Discovery's top leadership will depart. Here is a look at the executives staying, those leaving and their key achievements.

Source: Mint
Twitter cofounder Jack Dorsey's app Bitchat removed by Apple in India
Business · Companies

Twitter cofounder Jack Dorsey's app Bitchat removed by Apple in India

Apple has removed Jack Dorsey-backed offline messaging app Bitchat from its India App Store following a government takedown order under Section 69A of the IT Act.

Source: The Economic Times
Aman Sehrawat ends year of illness and absences with Asian Games gold
Business · Markets

Aman Sehrawat ends year of illness and absences with Asian Games gold

Source: The Indian Express
Coal buffer plunge by 66%, a 3-year low, but rebuilding stock before next summer a ‘bigger concern’
Business

Coal buffer plunge by 66%, a 3-year low, but rebuilding stock before next summer a ‘bigger concern’

Source: The Indian Express
Private sector must now lead investment cycle, including R&D: FM Sitharaman
Business

Private sector must now lead investment cycle, including R&D: FM Sitharaman

Source: The Indian Express