Despite a six-week autoworkers’ strike that resulted in a loss of over $1 billion, General Motors (GM) reported a net income increase of 12% last year. The Detroit-based automaker announced that it made just over $10 billion, up from $8.9 billion in 2022. The strike, which led to many of GM’s plants being shut down, […]
In a significant leadership shift, Microsoft’s gaming division has welcomed a new chief. Johanna Faries, the former general manager of ‘Call of Duty’, has been appointed as the president of the game publishing unit. This move comes as part of a broader restructuring within Microsoft’s gaming division, following its acquisition of Activision Blizzard. Faries, who […]
In a relatively calm weekend at the box office, ‘The Beekeeper’ emerged as the clear winner, outperforming its competitors and claiming the top spot. This success was not just a testament to the film’s compelling narrative and stellar performances, but also a reflection of the audience’s evolving taste in cinema. ‘The Beekeeper’, with its unique […]
In a recent development that has sent shockwaves through the automotive industry, the top brass at Toyota has issued an apology for repeated instances of testing malpractices at one of its group companies. This marks the second time that the company has had to publicly address such an issue, raising questions about the integrity of […]
The digital world is witnessing an unsettling trend: the proliferation of AI-generated deepfake images. The latest victim of this disturbing phenomenon is none other than pop icon Taylor Swift. Explicit deepfake images of Swift have been circulating online, causing alarm among her fans and raising serious questions about the ethics and regulation of AI technologies. […]
In the face of a global economic downturn, the financial world is setting its sights on the Middle East. The region’s wealth, particularly in the Gulf states, has become a magnet for international investors. The Gulf region’s 10 largest sovereign wealth funds manage nearly $4 trillion, surpassing the GDP of major economies like France or […]
In a surprising turn of events, Binny Bansal, the co-founder of Flipkart, has officially stepped down from the board of the e-commerce giant. This move marks the end of an era that began in 2007, when Binny Bansal and Sachin Bansal (no relation) co-founded Flipkart. The departure of Binny Bansal comes on the heels of […]
In a significant development in the aviation industry, Tata Group and France’s Airbus have inked a deal to jointly manufacture civilian helicopters. This agreement marks a major stride towards enhancing indigenous capabilities and localization in the aerospace sector. The helicopters will be produced with a significant indigenous and localization component, as stated by India’s Foreign […]
Etsy, the renowned e-commerce platform, has recently unveiled a groundbreaking feature called ‘Gift Mode’. This AI-powered tool is designed to generate over 200 personalized gift guides, revolutionizing the way we shop for presents. ‘Gift Mode’ operates like an online quiz, asking users about the recipient, the occasion, and the recipient’s interests. With 15 interests to […]
Saudi Arabia, traditionally known for its oil reserves, is undergoing a significant transformation under the leadership of Crown Prince Mohammed bin Salman. The Crown Prince envisions Saudi Arabia as a global destination for tourism and business. This vision is part of a broader strategy known as Vision 2030, which aims to diversify the Saudi economy […]
