Meta and Amazon are leading a trillion-dollar Big Tech spending spree
As the cost of AI infrastructure continues to increase, Morgan Stanley says Big Tech capital expenditures are on track to hit new records.
As the cost of AI infrastructure continues to increase, Morgan Stanley says Big Tech capital expenditures are on track to hit new records.
The government on Wednesday rolled out the upgraded Centralised IT Enabled Services (CITES 2.01) platform for the Employees’ Provident Fund Organisation (EPFO), migrating about 340 million member accounts from over 120 decentralised databases to a unified national system. The upgraded platform is expected to significantly improve claim processing, service delivery and member…
Missed payroll expectations and revised April and May numbers put the Fed in a tough spot for rate cuts. June’s employment numbers showed almost no change from the previous month, as the Bureau of Labor Statistics reported a 4.2% unemployment rate and an estimated 57,000 nonfarm payroll jobs, roughly half the 115,000 economists expected. At…
The beauty care chain will reduce music, minimize strong scents, and adjust in-store screens during designated quiet hours across all of its U.S. stores.
Modern geopolitical tensions now extend well beyond traditional statecraft. They increasingly manifest through wiper malware attacks, distributed denial-of-service (DDoS) attacks against critical organizations, and coordinated disinformation and influence operations designed to shape public perception in real time. Even as active flashpoints evolve and direct confrontation fluctuates, organizations are left operating in a sustained environment of…
The Securities and Exchange Commission today issued a request for public comment on exchange-traded funds (ETFs) seeking to invest in innovative asset classes or engage in novel investment strategies. The request focuses on ways to facilitate innovation in the ETF space while protecting investors, maintaining fair, orderly, and efficient markets, and facilitating capital formation. “Innovation…
US Democrat Ro Khanna detained by Israeli settlers during West Bank visit