Europe's largest chip company ASML views the emergence of China's DeepSeek as a positive, despite initial market jitters. CEO Christophe Fouquet highlights the benefits of cost-efficient AI models, emphasizing the broader potential for AI-related chip demand across various applications, rather than just large model training.
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Chinese fast-fashion giant Shein will return to India through a partnership with Reliance Retail, following a 2020 ban. Shein will act as a technology provider, while Reliance Retail controls operations and data, ensuring all information remains within India under strict security measures. This collaboration aims to boost local manufacturing and create jobs.
Harsimrat Randhawa, a 21-year-old Indian student at Mohawk College, tragically died after being struck by a stray bullet at a Hamilton bus stop. She was an innocent bystander caught in a shootout between two vehicles. Police are investigating the homicide and appealing for public assistance with dashcam or security footage from the area.
Deepak Chahar highlights the diminishing swing in IPL pitches, forcing bowlers to adapt with more attacking strategies due to stronger batting lineups and the 'Impact Player' rule. He praises Jasprit Bumrah's resilience after injury and acknowledges the distinct psychological approaches of Chennai Super Kings and Mumbai Indians, emphasising Mumbai's talent scouting and player development.
A massive cyberattack on Rhode Island's social services portal, RIBridges, has potentially compromised the personal and banking data, including Social Security numbers, of hundreds of thousands of residents since 2016. Hackers are demanding ransom, threatening to release the stolen information. State officials confirmed the breach and shut down the online system, forcing benefit applications to be submitted on paper.
The Trump administration has frozen over $2.3 billion in federal funding to Harvard University, intensifying a broad campaign to reshape U.S. higher education. Citing civil rights violations and antisemitism, the administration is targeting elite universities with demands to eliminate DEI programs, adopt merit-based admissions, and curb campus protests. Harvard and others are pushing back, calling the moves politically driven. Legal challenges are mounting, as over 60 universities face similar... Expand
President-elect Trump pressed the EU to reduce its trade deficit with the US by buying more American oil and gas, threatening tariffs otherwise. The EU responded with a willingness to discuss strengthening trade relations, particularly in energy, while acknowledging the existing trade imbalance.
Following their Super Bowl win, the Philadelphia Eagles face the decision of accepting or declining President Trump's anticipated White House invitation. This dilemma arises from a similar situation in 2018, when their invitation was rescinded. The team's captains express mixed opinions on the visit, reflecting the broader trend of champions reconsidering traditional White House visits during Trump's presidency.
Stock market today: Indian equity benchmark indices, BSE Sensex and Nifty50, opened in red on Friday. While BSE Sensex was below 75,700, Nifty50 was near 22,900.
Airtel gains a competitive edge by entering a partnership with Elon Musk’s Starlink to market broadband and internet satellite services in India. This will enhance Airtel’s existing network and expand coverage to remote areas, awaiting regulatory approval. This collaboration signifies Airtel’s commitment to providing reliable internet connectivity across the country.
Pushpa: The Rule, starring Allu Arjun and Rashmika Mandanna, rakes in Rs 929.85 crore despite a dip in second Monday collections. The film's second weekend saw a surge, crossing Rs 725.8 crore in its first week. The controversy surrounding Allu Arjun's arrest after a fan's death allegedly boosted collections. Trade analysts predict the film may soon hit Rs 1,000 crore mark at the domestic box office.