New Delhi, Feb 27 (IANS) Twitter (now called X) co-founder Jack Dorsey has announced that Block, the financial services company he founded, will cut its workforce by 40 per cent due to AI-led changes.Dorsey said on social media platform X that the company will cut its workforce from over 10,000 people to just under 6,000, with more than 4,000 employees being asked to leave or enter into a consultation-based role.Dorsey said that affected employees will receive “20 weeks’ salary plus one week p…
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Gandhinagar, Feb 26 (IANS) Government offices in Gujarat are undergoing a major transformation with the introduction of artificial intelligence (AI), marking a new phase in the state’s pursuit of efficient and transparent governance. Tasks that once took several days are now being completed with a single click, signalling a shift towards faster and smarter administrative processes.To facilitate this initiative, Gujarat Informatics Limited (GIL) has been appointed as the nodal agency, while the…
New Delhi, Feb 24 (IANS) The Delhi High Court has granted an ex parte ad-interim injunction in favour of singer Jubin Nautiyal, restraining multiple Artificial Intelligence (AI) platforms, online intermediaries, e-commerce websites and unidentified entities from misusing his name, voice, image and other attributes of his personality for commercial gain.A single-judge Bench of Justice Tushar Rao Gedela passed the interim order in a commercial suit filed by Nautiyal seeking protection of his perso…
New Delhi, Feb 23 (IANS) US tech giant Amazon on Monday announced the opening of its second largest office in Asia in Bengaluru.The 12-storey campus spanning across 1.1 million square feet, will support over 7,000 employees across ecommerce, operations, payments, technology, and seller services in India, the company said in a statement.“Amazon’s continued investment in Bengaluru reflects India’s growing role as a global technology and innovation hub. Large-scale campuses like Amazon’s new …
New Delhi, Feb 22 (IANS) Global technology giants have pledged to invest hundreds of billions of dollars into artificial intelligence initiatives linked to India, as the country hosted a major AI summit that brought together world leaders and top industry executives.The surge in commitments comes at a time when governments and companies worldwide are racing to expand their AI capabilities.Global hyperscalers such as Amazon, Microsoft, Meta and Alphabet are expected to spend as much as $700 billi…
New Delhi, Feb 16 (IANS) The Central Consumer Protection Authority (CCPA) on Monday imposed a penalty of Rs 5 lakh on Snapdeal for the sale of non-BIS compliant toys on its platform, in violation of consumer rights.The regulator said it has taken strict action against e-commerce entities and sellers for the sale of toys in violation of the mandatory Toys (Quality Control) Order, 2020 and prescribed Bureau of Indian Standards (BIS) standards.In this regard, the CCPA imposed the penalty on Snapdea…
New Delhi, Feb 16 (IANS) Indian IT companies will remain focused on profits rather than employment, as AI threatens to disrupt industries across the spectrum, former HCL Technologies CEO Vineet Nayyar said here on Monday while speaking at the ‘AI Impact Summit 2026’.Speaking at a session on the opening day of the AI Summit, Nayyar said that from an employment point of view, “I think it is very important for us to understand that Indian companies, including Indian IT companies, are going to…
New Delhi, Feb 13 (IANS) Chief of artificial intelligence at Microsoft, Mustafa Suleyman, has warned that most white‑collar roles that rely on computers could be automated within the next 12 to 18 months.He informed that the company is building a “professional‑grade AGI”, that could automate majority of works done by lawyers, accountants, project managers and marketers.In an interview with the Financial Times, Suleyman said Microsoft is racing to develop “professional‑grade AGI”, A…
Bengaluru, Feb 11 (IANS) The US Consulate General, Chennai, with support from the US-India Strategic Partnership Forum (USISPF), hosted the US-India Space Business Forum in Bengaluru on February 10-11, an official statement from the US embassy and consulates in India said on Wednesday. The forum was the flagship event of the first US Trade Mission to India focused on commercial space, which brought 23 Executives from 14 leading American space companies to India.The US Department of Commerce and …
New Delhi, Feb 10 (IANS) Former Army Chief General (Retd) M.M. Naravane broke his silence over the raging controversy, pertaining to his unpublished memoirs on the Galwan stand-off in 2020 between India and China, even as the no-holds barred confrontation between the government and Opposition intensified to a new level on Tuesday.General (Retd) Naravane took to his social media handle and shared the current “status” of the book, that has been at the centre of the government-Opposition tussle…