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TECHNOLOGY AND JOBS
AI shift drives Opendoor’s India exit: Here's all you need to knowUS real estate firm Opendoor is closing its India operations. Nearly 250 employees in Bengaluru and Chennai will be laid off. This move is ...- Karnataka CM Shivakumar points to migration pressure on Bengaluru, seeks Centre’s supportBengaluru's Chief Minister DK Shivakumar has requested additional infrastructure funding from the Centre. The city's status as India's tech...
- US jobless aid filings rise to 229,000 last week, remain historically low despite Iran war headwindsAmerica's jobless claims saw a slight increase last week, yet remain historically low. This comes despite economic challenges linked to the...
- AI to bring more jobs; Indian engineers must focus on collaboration: Microsoft's Rajiv KumarIndian engineers should embrace Artificial Intelligence, as it's expected to create more opportunities than disrupt jobs. A senior Microsof...
- Anthropic CEO warns of AI jobs reckoning as company pledges $200 million for researchAnthropic's Claude models have rapidly become among the most widely used AI tools in software development and enterprise work. The company'...
- AI risks are here, time for tough rules: Anthropic CEO Dario AmodeiAs artificial intelligence grows more powerful, governments must move beyond transparency measures and introduce stronger regulations to ad...
- American company Opendoor shuts India operations, says jobs should be closer to US customersUS real estate firm Opendoor is closing its India operations. The company is moving its work back to America. This decision impacts around ...
- Kiran Mazumdar-Shaw shares drone cleaning video, asks startups: 'Where's your innovation?'Kiran Mazumdar-Shaw, Biocon founder, sparked debate by questioning startup innovation. She shared a video of a drone cleaning windows in Be...
- 'If America won't get Indian brains...': Former Meta executive and founder warns US on H1B visa, says jobs would go to Bangalore anywayA federal court struck down a $100,000 H-1B visa fee. Former Meta engineer Zach Wilson praised this, highlighting the talent pool in India....
- Global tech major Salesforce to skill one million learners with AI-focused skills by 2030Global tech firm Salesforce will train one million Indians in AI skills by 2030. This initiative, launched in Hyderabad, will use governmen...
- Chinese hackers pose biggest espionage threat to tech firms, CrowdStrike saysChina-linked hackers presented the largest espionage threat to technology firms in the past year. This surge coincides with significant inv...
- Geopolitical shifts to boost indigenous tech, five-fold jump in job creation in defence sector: SurveyIndia's defence sector is set for major growth. Indigenous technology adoption will surge, reaching USD 36.45 billion in three years. This ...
- Meta funds skilled trades jobs program for AI data center buildoutThe cost-free program, America's Workforce Academy, will end in guaranteed job offers to graduates, the company said in a statement. A Meta...
- China, HK stocks open lower as global tech selloff spreads to AsiaChina and Hong Kong stocks opened lower, mirroring regional declines as investors worried about the AI rally's sustainability. Strong U.S. ...
- 'Start your job search with...': American billionaire Mark Cuban shares career advice to graduates in the AI era, explains how to find better opportunitiesAmerican billionaire Mark Cuban urges recent graduates to target small businesses for career starts, predicting they'll lead AI-driven job ...
- S&P 500 could end 9-week winning streak, Dow and Nasdaq fall - here are reasons why US stock market is down today June 5S&P 500, Dow and Nasdaq down today: Wall Street ended the week in the red as a robust US jobs report fueled fears of prolonged high interes...
- Google Cloud layoffs: Threat intelligence team, Mandiant employees among those affectedGoogle Cloud has recently implemented job cuts, impacting teams including employees in Mandiant and its Threat Intelligence Group. These la...
- Firms on AI spending spree: US tech companies cut most jobs in nearly 2 yearsThe tech sector said last month it planned to eliminate 38,242 positions, the most since August 2024, according to data from outplacement f...
- Job cuts in U.S: Lay offs total over 97,000 in May, highest in six years. Check what is disrupting jobs marketLay offs in the U.S. continue to make headlines as job cuts in the country were estimated highest since 2020.
- AI-proof career in India? IIT engineer says this profession can earn lakhs a month and remains AI-resistantAn IIT graduate's Reddit post ignited a discussion on career stability. He argued that medicine offers more security than engineering, citi...
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