Microsoft will reduce its workforce by 3%. This affects about 7,000 employees globally. The company aims to streamline operations. Microsoft seeks a flatter structure. It prioritizes engineering talent for AI. New performance management includes a rehire ban. Microsoft follows an industry trend. Other tech firms also focus on efficiency. These changes follow better-than-expected quarterly results.
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The Trump administration has revoked Harvard University's ability to enroll international students, jeopardizing the status of nearly 6,800 foreign students. Homeland Security Secretary Kristi Noem cited concerns about antisemitism, pro-Hamas sympathies, and discriminatory diversity policies as the reasons for the decision.
Astronomers have spotted a supermassive black hole eating a star. This happened far from the center of its galaxy. The event, called AT2024tvd, is 600 million light-years away. It challenges old beliefs about where such events occur. Scientists used telescopes like Hubble to confirm the discovery. This finding helps us locate wandering black holes.
Sebi is investigating IndusInd Bank's senior management for potential securities market violations related to a Rs 3,400 crore accounting fraud. The RBI is conducting the primary investigation. The bank acknowledged employee involvement and initiated internal audits after identifying discrepancies in derivatives, microfinance, and balance sheet disclosures. Despite a significant net loss in the March quarter, IndusInd Bank shares recovered slightly.
Zoho's Sridhar Vembu cautioned software engineers about the potential for job losses due to advancements in AI and large language models. He emphasized that high compensation in the software industry isn't guaranteed and urged professionals to remain adaptable.
Following a week-long suspension due to heightened India-Pakistan tensions, IPL 2025 will resume on May 17 with RCB hosting KKR. Sunil Gavaskar has urged for a respectful atmosphere, suggesting no music or dancing girls to honour grieving families after recent terror attacks. The BCCI has released a revised schedule, with 17 matches culminating in the final on June 3.
Jake Fraser-McGurk's childhood coach Shanon Young has confirmed to TimesofIndia.com that the 23-year-old is still pretty shaken up after the Dharamsala fixture between Punjab Kings (PBKS) and Delhi Capitals (DC) was halted midway due to security reasons. Punjab Kings are also in a fix about the availability of their Australian contingent.
The Wankhede Stadium honored Rohit Sharma with the unveiling of the 'Rohit Sharma Stand.' An emotional Rohit expressed gratitude to his family and fans, reflecting on his journey since 2007. A lighthearted moment, capturing Rohit playfully teasing his brother about a car dent, went viral. He acknowledged the stadium's significance and looked forward to playing for Mumbai Indians there.
Israeli strikes in Gaza have resulted in at least 19 fatalities, including a baby, according to the Hamas-controlled civil defense agency. This escalation follows Israel's announcement to take control of the Gaza Strip and the breakdown of ceasefire negotiations in Doha, with both sides blaming each other for the failure.
Paul Stirling made history as the first Irish batter to reach 10,000 international runs during Ireland's dominant 124-run victory over the West Indies in Dublin. Stirling's 54 and Andy Balbirnie's brilliant 112 set the foundation for Ireland's 303/6. Barry McCarthy's 4/32 then dismantled the West Indies, who were bundled out for 179, giving Ireland a 1-0 series lead.
A passenger on an IndiGo flight from Kolkata to Mumbai triggered a bomb scare at Kolkata airport, leading to heightened security measures. The 26-year-old man made the suspicious comment during a pre-boarding security check, prompting immediate detention and a thorough inspection of the aircraft in an isolation bay.