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EXECUTIVE TEAM OVERHAUL
Ambani says Reliance succession plan near completion as children take over day-to-day operationsMukesh Ambani announced the near-complete transfer of daily management at Reliance Industries to his children, Akash, Isha, and Anant. They...- Meta head of product for 'AI for work' transformation is leaving companyA key Meta executive overseeing AI tool improvements is departing. Emily Dalton Smith was leading efforts to centralise internal AI tools i...
- Meta head of product for 'AI for work' transformation is leaving companyMeta is hitting a new chapter as Emily Dalton Smith, a key executive with a longstanding history at the company since 2015, exits. Her lead...
- Anthropic vs OpenAI: Behind the bitter battle for the future of AIThe fierce competition between Anthropic and OpenAI is accelerating AI advancements and driving a race towards blockbuster IPOs. This rival...
- Fueling Demand: Inside India’s ethanol mobility revolution in reverseIndia is launching an ambitious green mobility initiative. The country is establishing E100 fuel stations nationwide before flex-fuel vehic...
- Meta AI chief sees opportunity in models’ giving health adviceThe 29-year-old founder of data-labeling startup Scale AI joined Meta after Chief Executive Officer Mark Zuckerberg overhauled his company’...
- Jefferies initiates coverage on Poonawalla Fincorp with Buy rating. Why are analysts bullish?Jefferies has initiated coverage on Poonawalla Fincorp with a Buy rating and a target price of Rs 490. The brokerage sees strong growth pot...
- Peak XV rejigs Surge; Digital lenders power through slowdownHappy Monday! Peak XV Partners is rebooting Surge after executive exits and a broader strategy reset. This and more in today’s ETtech Morni...
- FIFA World Cup 2030 may adopt UEFA Champions League-style competition formatUEFA is changing how European teams qualify for major tournaments. A new Champions League-like system will be used for the 2030 FIFA World ...
- Air India’s cabin glow-up is fighting the pressure of a brutal money heatAir India is undergoing a significant fleet overhaul, investing $400 million in refurbishing cabins with new seats, entertainment systems, ...
- TGT stock: Why are Target Corp shares rising? Is it the most lucrative stock today at Wall Street?TGT stock: More customers buying in all six of Target’s main merchandising categories helped deliver the better-than-expected sales, the co...
- CEOs are getting ruthless about worker performanceCorporate leaders are increasingly prioritizing results over employee comfort, with CEOs like Unilever's Fernando Fernandez demanding "volu...
- Who is Jason Kidd? Mavericks coach fired months after signing massive extension dealDallas Mavericks have parted ways with head coach Jason Kidd. This move comes just months after Kidd signed a significant contract extensio...
- Meta lays out plans for May 20 layoffs, restructuring; closes 6,000 open rolesMeta Platforms is cutting jobs and reorganizing teams to boost its artificial intelligence capabilities. Thousands of employees will be mov...
- Meta lays out details of May 20 restructuring in internal documentMeta is implementing significant workforce changes, laying off 10% of its global employees this week and planning further cuts. These moves...
- Coinbase cuts 14% of staff: Is AI the real reason behind the layoffs?Coinbase is slashing approximately 700 jobs, around 14% of its global staff, as part of a major restructuring. This move aims to cut costs ...
- Magnum plans three more factories to cash in on India's ice cream crazeMagnum Ice Cream is significantly expanding its operations in India. The company plans to increase its factories from one to four to meet s...
- Banks not getting expected benefits from AI due to outdated systems: McKinseyWhile banks are championing artificial intelligence with hefty investments, the anticipated benefits are falling short. According to a McKi...
- Elon Musk's social media use questioned as he and Sam Altman arrive for OpenAI trialA significant trial starts today in Oakland, California. Billionaires Elon Musk and Sam Altman are at odds over OpenAI's evolution. Musk cl...
- Elon Musk's trial against Sam Altman to reveal the ongoing power struggle for OpenAIA major legal battle is unfolding between Elon Musk and AI giant OpenAI. Internal documents, including a co-founder's diary, are central to...
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