Days after Meta sent 4 AM layoff emails to 8,000 employees, CEO Mark Zuckerberg says fears of AI job losses are overstated and more jobs could be created if...Meta CEO Mark Zuckerberg believes artificial intelligence won't necessarily lead to mass job losses. He has argued that companies can choos...
02 Jul, 2026, 12.43 AM IST
Explained: Why Tata Elxsi shares crashed 7% after KPIT Techās Q1 revenue, profit guidance warningTata Elxsi shares fell sharply on Wednesday after rival KPIT Technologies warned of weaker-than-expected Q1FY27 revenue and margins due to ...
01 Jul, 2026, 05.10 PM IST
Defence startups raid auto and fracking sectors for parts to speed weapons outputSoaring demand for rocket motors used to power missiles and other weapons has spurred new thinking about supply chains. Seeking big returns...
01 Jul, 2026, 04.12 PM IST
Volkswagen cuts are 'wake-up call' for European industry, BYD advisor saysVolkswagen's aggressive cost-cutting measures are a stark warning to Europe's auto sector, according to BYD's European advisor. Alfredo Alt...
01 Jul, 2026, 01.48 PM IST
Appleās new Creator Studio brings AI video editing, image generation, and Logic Pro upgradesApple has launched Creator Studio, a new subscription bundling professional creative apps like Final Cut Pro and Logic Pro, with a strong e...
01 Jul, 2026, 12.48 PM IST
Every enterprise is competing to define the future of AI. Is yours ready to be recognised?As enterprise AI shifts from proof of concept to proven impact, recognition is becoming a mark of credibility, not just achievement. The ET...
01 Jul, 2026, 12.43 PM IST
Why KPIT Tech shares crashed 17% today: The BMW & Volkswagen connection explainedKPIT Technologies witnessed a significant 17% stock plunge following a revenue slowdown warning for Q1FY27, primarily due to unexpected cut...
01 Jul, 2026, 11.56 AM IST
Jet fuel price cut by Rs 5/litre as global oil prices easeA significant drop in jet fuel prices, by nearly Rs 5 per litre, brings welcome relief to Indian airlines. This reduction, driven by fallin...
01 Jul, 2026, 10.04 AM IST
Nayara Energy cuts petrol price by Rs 5, diesel by Rs 3 amid softening oil pricesNayara Energy has slashed petrol prices by Rs 5 and diesel by Rs 3 per litre nationwide, marking the first reduction in over two years. Thi...
01 Jul, 2026, 07.57 AM IST
ET Graphics: Code takes over the cubicles as tech companies toss staff for AI growthSince the beginning of 2026, over 120,000 tech employees have been laid off across more than 200 companies including Meta, Amazon and Oracl...
01 Jul, 2026, 06.00 AM IST
Amazon's AWS commits $1 billion toward new unit for embedded AI engineersThe company is committing an initial $1 billion to the initiative with the goal of sending five to six pods of engineers to customers for 4...
30 Jun, 2026, 09.59 PM IST
Nestle to cut artificial colourings from all products by end-2026Nestle is set to eliminate all artificial food colorings globally by the end of 2026, a significant move by the major food producer. This i...
30 Jun, 2026, 08.09 PM IST
Sri Lanka reduces fuel prices after Middle East ceasefireSri Lanka on Tuesday cut fuel prices by up to six percent, the first such move since the Middle East war triggered a surge in energy prices...
30 Jun, 2026, 10.21 AM IST
BAT to cut 9,000 jobs globally as the world lights fewer cigarettesBritish American Tobacco is slashing approximately 9,000 jobs globally as part of a major restructuring. This significant workforce reducti...
29 Jun, 2026, 01.13 PM IST
Volkswagen key shareholder pitches producing Chinese car models in GermanyGermany's Lower Saxony premier, a major Volkswagen shareholder, suggested producing China-developed models locally to secure jobs and boost...
28 Jun, 2026, 03.13 PM IST
Volkswagen CEO aims to cut 100,000 jobs in major overhaul, Manager Magazin reportsVolkswagen CEO Oliver Blume is reportedly planning significant changes, including potentially cutting up to 100,000 jobs globally and closi...
26 Jun, 2026, 03.52 PM IST
TotalEnergies awaits ruling in high-stakes climate trialA French court will rule Thursday on whether oil and gas giant TotalEnergies breached its legal duty to address environmental risks in a hi...
25 Jun, 2026, 08.35 AM IST