Meta employees' lawsuit shows that if AI fires you, proving it is the hard partA Meta Platforms lawsuit claims AI tools unfairly targeted employees for layoffs. Workers face difficulties proving AI discrimination due t...
22 Jul, 2026, 05.12 PM IST
Global Market Today: Asian stocks advance on tech rally, yen weakensAsian stocks climbed for a second day, led by chipmakers. The Kospi Index saw a significant jump, reflecting AI investment optimism. Crude ...
22 Jul, 2026, 06.23 AM IST
TCS-OpenAI deal takes shape; Paytm's AI betTCS has secured land in Vizag and Pune that could host OpenAI's first data centres in India. This and more in today's ETtech Top 5.
21 Jul, 2026, 08.34 PM IST
Ships, Steel, Submarines and now, Servers: How Visakhapatnam is becoming India's new AI gold rushVisakhapatnam is building over 6GW of AI data centre capacity by 2030. Major companies like Google and Reliance are investing significantly...
21 Jul, 2026, 09.32 AM IST
NASA climate data copied to Swiss supercomputer for AI training amid US funding cutsResearchers have copied massive quantities of publicly-available climate and environmental data from NASA onto a Swiss supercomputer to tra...
20 Jul, 2026, 07.41 PM IST
Companies Are Laying Off Workers Because of AI’s Potential—Not Its PerformanceAI has been cited as a cause of layoffs, but is it actually displacing jobs? And if not, what’s going on? Based on a survey of 1,006 global...
20 Jul, 2026, 05.05 PM IST
'Terrified of the future': Company gives employee access to Claude AI, but its failed Microsoft Project answer leaves them questioning the AI hypeAn employee says their company's rollout of Claude AI left them questioning the technology's workplace hype after the chatbot allegedly fai...
19 Jul, 2026, 02.22 PM IST
India's IT model is out of date. Can the industry reinvent itself?Indian IT companies have survived many technological upheavals. But AI is threatening their pyramid model resting on an army of workforce p...
19 Jul, 2026, 12.08 PM IST
Samsung cuts US jobs, offers relocations ahead of HQ moveSamsung Electronics has reduced jobs in its United States consumer electronics divisions. Many workers in New Jersey and Texas were affecte...
19 Jul, 2026, 10.08 AM IST
US judge won't block Meta from laying off workers who filed AI discrimination lawsuitDistrict Judge William Orrick in Oakland, California, in a written order said he would not stop Meta from carrying out the layoffs beginnin...
17 Jul, 2026, 11.08 PM IST
AI Doesn’t Reduce Work—It Intensifies ItOne of the promises of AI is that it can reduce workloads so employees can focus more on higher-value and more engaging tasks. But accordin...
15 Jul, 2026, 03.55 PM IST
Meta used AI to target workers with medical conditions for layoffsTwenty-six former Meta employees filed a lawsuit alleging AI-driven layoffs discriminated against disabled workers. The suit claims the com...
15 Jul, 2026, 02.36 PM IST
Dutch tech giant ASML posts gain in second-quarter profitsDutch tech giant ASML, which makes cutting-edge machines to manufacture semiconductor chips, Wednesday posted a gain in second-quarter net ...
15 Jul, 2026, 11.20 AM IST
'We Must Act Now': Eric Schmidt, Reid Hoffman, Joseph Stiglitz among 200 who just sounded an alarm on AIOver 200 global experts have signed a letter urging immediate action on AI's economic impact. They caution that artificial intelligence cou...
14 Jul, 2026, 02.53 PM IST
120,000 tech jobs cut in 2026 as AI drives Big Tech's reset; India's IT could be nextGlobal technology layoffs are resurfacing in 2026, driven by artificial intelligence adoption. Companies are restructuring teams and automa...
09 Jul, 2026, 06.02 PM IST
35,000 tech roles on the chopping block as AI takes the wheel at ITBetween 10,000 and 15,000 tech professionals faced so-called silent layoffs till May, according to staffing firm TeamLease, which projects ...
09 Jul, 2026, 10.54 AM IST
Microsoft joins AI-driven tech layoff wave with 4,800 job cutsMicrosoft is cutting approximately 4,800 jobs, representing 2.1% of its workforce. This move follows a wave of tech layoffs and significant...
06 Jul, 2026, 08.39 PM IST