Satya Nadella addressed Microsoft's significant job cuts, impacting over 15,000 employees, acknowledging the difficulty while emphasizing the necessity for the company's AI transformation. Despite record profits and soaring stock prices, Nadella described the layoffs as part of a dynamic industry shift, requiring Microsoft to adapt and invest heavily in AI infrastructure to meet evolving customer needs.
Related news
Malayalam actor Fahadh Faasil is creating buzz for using a luxury Vertu Ascent Retro Classic keypad phone, priced at approximately Rs 10.2 lakh. The phone boasts a titanium casing, sapphire crystal components, and hand-stitched leather.
In 2015, a special MCOCA court convicted twelve individuals for the 2006 Mumbai train bombings, rejecting claims of Indian Mujahideen's involvement. Five were sentenced to death for planting bombs, while seven received life sentences. The judge dismissed torture allegations and emphasized the convicts' active role, deeming them a SIMI-affiliated crime syndicate.
The NTSB criticized media coverage of the Air India Flight 171 crash preliminary report as premature and speculative. This follows the AAIB's release of its initial findings, which cited engine failure and cockpit confusion after takeoff from Ahmedabad. The AAIB urged against spreading unverified information and emphasized that the report only outlines events, not causes, pending a final, comprehensive analysis.
The Great Indian Kapil Show is back with a new season. The Son Of Sardar 2 team will appear on the show. Ajay Devgn is seen in high spirits in the promos. He cracks jokes and pulls Kapil Sharma's leg. Krushna Abhishek, Kiku Sharda, and Sunil Grover also entertain the audience. Son Of Sardar 2 releases on July 25.
Japan's ruling LDP experienced setbacks in parliamentary elections as right-wing populist groups gained traction, potentially signaling a shift in the nation's political landscape. Sanseito, a populist party, saw significant growth by appealing to younger voters with nationalist messages and anti-globalist views. Despite the losses, Prime Minister Ishiba intends to remain in office, navigating challenges like US tariff threats.
Goldman Sachs is launching a new program to retain junior bankers amid increasing competition from private equity firms. The initiative offers select analysts an accelerated path to the Asset & Wealth Management (AWM) division after two years in investment banking. This strategy aims to provide an 'early entry point' for those interested in buyside careers.
Human Rights Watch accuses Indian authorities of expelling hundreds of ethnic Bengali Muslims to Bangladesh, alleging they are illegal immigrants. HRW claims many are Indian citizens and the expulsions are ongoing without due process. The rights body urges India to halt deportations and ensure procedural safeguards against arbitrary detention and expulsion.
Adam Sandler is showering praise on Travis Kelce and Taylor Swift as Happy Gilmore 2 prepares for its Netflix release. Sandler lauded Kelce's acting abilities and amiable personality, while also commending Swift's warmth and kindness, noting his daughters' positive experiences meeting her. The film, featuring Kelce in a cameo role, is set to premiere on July 25th.
Commerce minister Piyush Goyal announced that trade agreement talks with the US are progressing rapidly, with the next negotiation round scheduled for August in India. Both nations aim to finalize the initial agreement tranche by fall, targeting a significant boost to bilateral trade from $191 billion to $500 billion.
Ahead of the fourth Test against England, the Indian cricket team enjoyed a unique crossover event in Manchester, meeting players and staff from Manchester United. Stars from both sides exchanged jerseys, shared laughs, and participated in friendly football and cricket sessions.