Category: Business

The Minnesota Timberwolves and Los Angeles Lakers both recently underwent ownership changes involving high-profile investors.
Posted in Business

The Hunt for AI-Proof Assets Is Leading Investors to Sports, Casinos and Travel

Venture capital is usually associated with moonshot technology bets. Lately, though, some venture investors have found new, more analog pursuits: sports teams, iconic real estate…

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Users will now be able to access what Adobe calls professional-grade lighting controls. (Official photo)
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Adobe updates Photoshop with more tools, for precision and creative control

There are a series of new updates that are now rolling out for the popular Photoshop suite, which Adobe insists bring more choice and control…

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The Bombay Stock Exchange (BSE) building, rear, in Mumbai (Bloomberg/File)
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Sensex, Nifty see rebound after 3 sessions of losses amid oil price concerns, global tensions

Indian stock market indices Sensex and Nifty saw a partial rebound at the open on Thursday, after three consecutive sessions of losses, though the recovery…

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Lego Skylines game
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Lego Skylines, John Ternus, and assessing Qubo R700 before the pollution spike

Opening thoughts. There was a time, as kids, we’d make all sorts of fantasy overlaid landscapes, cities and buildings with our Lego blocks sets. We…

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Vinay Kwatra was accompanied by Atul Keshap, president of the US-India Business Council and former US Ambassador to Sri Lanka at the event. (File Photo/PTI)
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Indian envoy to US Vinay Kwatra rings Nasdaq bell, hails economic ties between nations

Indian Ambassador to the United States Vinay Kwatra rang in the opening bell at America’s Nasdaq stock exchange on Wednesday to honour the India-US economic…

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The government said that the change in the estimate of Q1 2025-26 does not represent a downward revision made to make the current year’s growth appear higher as critics have pointed out. (@nsitharamanoffc X)
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‘Base year changed, data revised’: Govt defends 7.8% growth amid GDP rate row, explains new calculation method

The government has clarified that it did not revise down Q1 2025-26 GDP at current prices from ₹86 lakh crore to ₹80 lakh crore to…

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Volkswagen CEO Oliver Blume in Munich in 2025.
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Volkswagen Fights Chinese Competition—and Its Own Board—in Battle to Survive

When Volkswagen Chief Executive Oliver Blume took a cost-cutting plan to his board this summer that envisioned a doubling of job losses to 100,000, he…

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The provisional data showed that FCNR(B) deposits brought in USD 127.23 billion, while OFCBs contributed USD 5.26 billion and ECBs added USD 3.89 billion. (Representative Image (File Photo/PTI))
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RBI reports $136.38 billion forex inflows under special swap facility as of August 31

Foreign exchange inflows under the Reserve Bank of India’s special USD-INR swap facility reached USD 136.38 billion as of August 31, with Foreign Currency Non-Resident…

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US stocks eye gains as Iran tensions, bond yields and AI trade shape Wall Street. (Photo by Michael M. Santiago / GETTY IMAGES NORTH AMERICA / Getty Images via AFP) (Getty Images via AFP)
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US stocks today: S&P 500, Dow eye gains as Iran tensions, bond yields and AI trade drive markets

The S&P 500 and Dow Jones were expected to open with modest gains as investors balanced rising tensions between the US and Iran against continued…

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Dell and Nvidia results show strong AI demand and rising data center spending. (Photo credit: Unsplash)
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Is the AI boom peaking? Dell and Nvidia results point to stronger demand ahead

Dell and Nvidia are pushing back against the idea that the AI boom is slowing down. Their latest results and, more importantly, their long-term revenue…

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