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The AI Bubble Question: What Is It and Should You Be Worried About an Implosion?
Record AI investment and infrastructure spending have sparked debate over a potential bubble. While leaders like Sam Altman and Sarah Friar point to adoption and momentum, figures such as Bill Gates, Demis Hassabis and Bridgewater Associates warn of overvaluation and risk. Surging deals, high commitments and revenue gaps underpin the scrutiny as ma...
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Cabinet Approves Bill To Raise Foreign Direct Investment In Insurance Sector To 100%
Finance Minister Nirmala Sitharaman had proposed to raise the foreign investment limit to 100 per cent from the existing 74 per cent in the insurance sector.
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NBA Approves 6.1 Billion USD Sale Of Boston Celtics
The NBA on Wednesday approved the sale of the Boston Celtics to an investment group led by Bill Chisholm, five months after the deal worth a then-record $6.1 billion was agreed.
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Invest Rs 2,000 Today To Avoid Rs 2 Lakh Hospital Bills: Health Tests Every Indian Should Take
According to nutritionist Rashi Chowdhary, Vitamin D deficiency affects more than 80% of Indians; testing and proper intake can significantly improve health.
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Trump Accounts Explained: Who's Eligible, How Much And When Can One Withdraw
Every baby born in the US between January 1, 2025 and December 31, 2028, will be seeded with a one-time $1,000 contribution from the government into an investment account.
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Trump's Big Bill Cuts Clean Energy Tax, Residential Solar To Get Hit Fast
The bill in the Housetakes anaxto clean energy incentives, including killing a 30% tax credit for rooftop residential solar by the end of the year that the Biden administration'sInflation Reduction Acthad extended into the next decade.
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19 US Employees Become Millionaires After CEO Sells Company Stake For $1 Billion
Bill Phelps, the CEO of Dave's Hot Chicken and former CEO and co-founder of Wetzel's Pretzels, recently revealed that he turned 19 of his employees into millionaires after selling a majority stake to a private equity firm for close to $1 billion.
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Parliament Budget Session Highlights: Parliament Passes Bill To Amend Law Governing Oilfields Development
Parliament on Wednesday passed a bill that seeks to amend the existing law governing exploration and production of oil and gas as well as delink petroleum operations from mining operations to boost investment in the sector.
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Rajya Sabha Passes Bill Seeking Boost In Investment In Oil, Gas Exploration
The Rajya Sabha on Tuesday passed a bill that seeks to amend existing law governing exploration and production of oil and gas, and delink petroleum operations from mining operations to boost investment in the sector.
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Archegos Founder Jailed For 18 Years For Massive Fraud: Report
The founder of US investment firm Archegos, Bill Hwang, was jailed for 18 years on Wednesday for a multibillion-dollar fraud that contributed to the fund's 2021 implosion, US media reported.
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JioFinance App With UPI, Utility Payments and Loan Functionality Launched in India
The JioFinance app was launched in India on Friday as a one-stop solution for financial essentials. It has been developed by Jio Financial Services Limited (JFSL), previously a subsidiary of Reliance Industries Limited. The app, which is now available widely for users in the country, offers facilities such as carrying out UPI transactions, monitori...
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UK PM Rishi Sunak To Announce New Initiative For Developing Climate-Resilient Crops
British Prime Minister Rishi Sunak will announce a new science initiative to bring together work on developing climate-resilient crops as his government hosts a Global Food Security Summit in London on Monday.
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Cryptocurrency Firms Gemini, DCG, Genesis Sued in US for Alleged $1 Billion Fraud
New York Attorney General Letitia James on Thursday sued cryptocurrency firms Genesis Global, its parent company Digital Currency Group (DCG) and Gemini for allegedly "defrauding" investors of more than $1 billion.
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Disney Said to Approach Court in Legal Challenge Against Google's In-App Billing System
Disney is said to have approached a court in India in a legal challenge to the search giant's in-app billing system, weeks after the Competition Commission of India opened an inquiry into Google in May after complaints from Match and startups in the country. The CCI last year fined Google and directed it to allow the use of third-party billing sys...
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Bill Gates Says Pausing AI Development Will Not Solve Challenges Ahead
Calls to pause the development of artificial intelligence will not “solve the challenges” ahead, Microsoft co-founder Bill Gates told Reuters, his first public comments since an open letter sparked a debate about the future of the technology.
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The AI Bubble Question: What Is It and Should You Be Worried About an Implosion?
Record AI investment and infrastructure spending have sparked debate over a potential bubble. While leaders like Sam Altman and Sarah Friar point to adoption and momentum, figures such as Bill Gates, Demis Hassabis and Bridgewater Associates warn of overvaluation and risk. Surging deals, high commitments and revenue gaps underpin the scrutiny as ma...
-
Cabinet Approves Bill To Raise Foreign Direct Investment In Insurance Sector To 100%
Finance Minister Nirmala Sitharaman had proposed to raise the foreign investment limit to 100 per cent from the existing 74 per cent in the insurance sector.
-
NBA Approves 6.1 Billion USD Sale Of Boston Celtics
The NBA on Wednesday approved the sale of the Boston Celtics to an investment group led by Bill Chisholm, five months after the deal worth a then-record $6.1 billion was agreed.
-
Invest Rs 2,000 Today To Avoid Rs 2 Lakh Hospital Bills: Health Tests Every Indian Should Take
According to nutritionist Rashi Chowdhary, Vitamin D deficiency affects more than 80% of Indians; testing and proper intake can significantly improve health.
-
Trump Accounts Explained: Who's Eligible, How Much And When Can One Withdraw
Every baby born in the US between January 1, 2025 and December 31, 2028, will be seeded with a one-time $1,000 contribution from the government into an investment account.
-
Trump's Big Bill Cuts Clean Energy Tax, Residential Solar To Get Hit Fast
The bill in the Housetakes anaxto clean energy incentives, including killing a 30% tax credit for rooftop residential solar by the end of the year that the Biden administration'sInflation Reduction Acthad extended into the next decade.
-
19 US Employees Become Millionaires After CEO Sells Company Stake For $1 Billion
Bill Phelps, the CEO of Dave's Hot Chicken and former CEO and co-founder of Wetzel's Pretzels, recently revealed that he turned 19 of his employees into millionaires after selling a majority stake to a private equity firm for close to $1 billion.
-
Parliament Budget Session Highlights: Parliament Passes Bill To Amend Law Governing Oilfields Development
Parliament on Wednesday passed a bill that seeks to amend the existing law governing exploration and production of oil and gas as well as delink petroleum operations from mining operations to boost investment in the sector.
-
Rajya Sabha Passes Bill Seeking Boost In Investment In Oil, Gas Exploration
The Rajya Sabha on Tuesday passed a bill that seeks to amend existing law governing exploration and production of oil and gas, and delink petroleum operations from mining operations to boost investment in the sector.
-
Archegos Founder Jailed For 18 Years For Massive Fraud: Report
The founder of US investment firm Archegos, Bill Hwang, was jailed for 18 years on Wednesday for a multibillion-dollar fraud that contributed to the fund's 2021 implosion, US media reported.
-
JioFinance App With UPI, Utility Payments and Loan Functionality Launched in India
The JioFinance app was launched in India on Friday as a one-stop solution for financial essentials. It has been developed by Jio Financial Services Limited (JFSL), previously a subsidiary of Reliance Industries Limited. The app, which is now available widely for users in the country, offers facilities such as carrying out UPI transactions, monitori...
-
UK PM Rishi Sunak To Announce New Initiative For Developing Climate-Resilient Crops
British Prime Minister Rishi Sunak will announce a new science initiative to bring together work on developing climate-resilient crops as his government hosts a Global Food Security Summit in London on Monday.
-
Cryptocurrency Firms Gemini, DCG, Genesis Sued in US for Alleged $1 Billion Fraud
New York Attorney General Letitia James on Thursday sued cryptocurrency firms Genesis Global, its parent company Digital Currency Group (DCG) and Gemini for allegedly "defrauding" investors of more than $1 billion.
-
Disney Said to Approach Court in Legal Challenge Against Google's In-App Billing System
Disney is said to have approached a court in India in a legal challenge to the search giant's in-app billing system, weeks after the Competition Commission of India opened an inquiry into Google in May after complaints from Match and startups in the country. The CCI last year fined Google and directed it to allow the use of third-party billing sys...
-
Bill Gates Says Pausing AI Development Will Not Solve Challenges Ahead
Calls to pause the development of artificial intelligence will not “solve the challenges” ahead, Microsoft co-founder Bill Gates told Reuters, his first public comments since an open letter sparked a debate about the future of the technology.
