Category: Business
The Price to Finance the AI Data Center Boom Is Rising, Just Ask Meta
Meta Platforms is counting on Wall Street to pick up the tab for a massive artificial-intelligence spending spree. It picked a time when lenders’ wallets…
Meta Is Fighting a Mountain of Social-Media Lawsuits—at Just the Wrong Time
Meta Platforms is facing one of the most serious legal threats of its 22-year history—and it couldn’t come at a worse time for the company…
Apple overtakes Nvidia to become world’s most valuable company as AI chip stocks slide
Apple became the world’s most valuable company on Monday, overtaking Nvidia after the stock market closed. This is the first time since April 2025 that…
Elon Musk’s net worth drops nearly 40% in a month as The Boring Company seeks $4 billion funding
Elon Musk’s net worth has dropped sharply over the past month, falling from around $1.32 trillion to about $832 billion, a decline of nearly 37%…
ITR deadline nears: Step-by-step guide to file return, avoid ₹5,000 penalty
The Income Tax department has urged taxpayers to file their ITR-1 and ITR-2 returns before the July 31, 2026 deadline to avoid the penalty as…
Nandita Sinha, IIT alumna and former Myntra head, named CEO of Swiggy’s Instamart
Swiggy has appointed former Myntra CEO Nandita Sinha as the new Chief Executive Officer of its quick commerce platform Instamart, effective August 3. Nandita Sinha…
Anthropic, Nvidia and Big AI: Great rift on open models, chips and distillation
Days after a number of artificial intelligence (AI) companies came together in support for open-weight models, Anthropic has weighed in on why they didn’t join…
HDFC Bank fines 3 top executives in MSRDC case
HDFC Bank’s board on Monday issued warning letters and levied a ₹1 lakh penalty on three top officials of the bank, after announcing the completion…
Why Paramount paused its $111 billion Warner Bros. Discovery merger deal
Paramount has agreed to temporarily pause its $111 billion merger with Warner Bros. Discovery because it wants to move directly to a full court trial…
Will AI spending sink the S&P 500? Microsoft, Meta and Amazon earnings hold the answer
The S&P 500 could face a big drop this week if Microsoft, Amazon, and Meta report huge AI spending that shows no signs of slowing…