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Elon Musk has predicted that in 10 to 20 years, work will become optional. He has done this umpteen times—in response to a New York Times article about Amazon, at a US-Saudi investment forum, in a conversation with Zerodha’s Nikhil Kamath, at Viva Technology 2024 in Paris and the 2023 AI Safety Summit in Bletchley Park.

A viral video clip of McDonald’s CEO Christopher Kempczinski eating the fast-food chain’s Big Arch burger has been memed and roasted across the internet. It surely cost him a little bit of his dignity. But that’s a small price to pay for the equivalent of millions of dollars in free publicity.

the New York Times. This is to give Trump additional military options even as he weighs a new diplomatic initiative with the Islamic republic, according to the report.“About 2,300 Marines from the 31st Expeditionary Unit are scheduled to arrive in the Middle East later this week, and U.S.

”The back-and-forth was the latest demonstration of one of the dangers that AI technology has posed to global affairs: Not only can AI fakery deceive millions online, but real videos can also be dismissed as AI-generated lies,” a New York Times report said. The phenomenon, known as the “liar’s dividend,” has proliferated during the current West Asia conflict, with thousands of videos leaving watchers unable to tell the difference.As far as can be verified, Netanyahu appears hale and hearty.Meanwhile, Israel assassinated two top Iranians: Ali Larijani, a former nuclear negotiator and secretary of Iran’s Supreme National Security Council, and Brigadier General Gholamreza Soleimani, head of Iran’s Basij paramilitary force.The killings underscore a problem highlighted by US President Donald Trump on Friday: there are few leaders left in Iran to negotiate an end to the war.

Write to Shaina Mishkin at [email protected] WeekOn Monday, day 10 of the war in Iran, Gulf states cut oil output, global prices surged over $100 a barrel, and G-7 finance ministers met to discus the largest release of oil reserves ever. Iran named the late Ayatollah Khamenei’s son supreme leader. Stocks plunged, then reversed after President Trump said the war wouldn’t last “very long.” But stocks fell again as oil rose, despite the reserve release and U.S.

TCS even though there was no IT industry to speak of. What followed was one of the great acts of industrial creation in post-independence India.The foundations of what is today a $300 billion industry were built on his clarity about the opportunity.

Three of theworld’s largest IT services companies, Capgemini SE, Cognizant Technology Solutions Corp., and EPAM Systems Inc., have found a seemingly contrarian hack to both grow and maintain operating margins: increase India headcount.Analysts see this as the beginning of a new trend as artificial intelligence (AI)-based technologies increasingly become part of IT services workflows and give rise to demand for tech workers to monitor their deployment. India's talent pool seems to offer a competitive staffing solution for this need.This comes at a time when some among their biggest Indian peers are trimming workforce.In calendar year 2025, Capgemini, Cognizant and EPAM ended with 230,000, 256,900, and 12,200 employees in India, making between a fifth and three-fourths of their total employees, respectively.The three companies increased their India headcount compared with the year-ago period, both in absolute terms, and also as a percentage of total headcount.

XED, which provides education programs to top executives. The company plans to raise $12 million through a dollar-based offering in GIFT City this month.While the offering will test the IPO route at the offshore financial centre, the forthcoming framework is aimed at companies that want to list directly on the exchanges.If implemented, the proposal would allow Indian and global companies, whether already listed elsewhere or privately held, to list their shares on GIFT City exchanges without raising fresh capital.

Wipro Ltd faces an annual dent up to $100 million as American cosmetics brand, Estée Lauder, has shifted the Bengaluru tech services company's share of work in a half-billion dollar, five-year deal to Accenture Plc.This latest development raises questions on chief executive officer (CEO) Srini Pallia's turnaround plan and growth at Wipro, as outsourcers pivot towards generative artificial intelligence, or GenAI, solutions, analysts said.According to four people in the know, Accenture will now handle key IT functions of The Estée Lauder Companies Inc including finance, database management, and back-end management for the New York-based cosmetics company.Early in February, Estée Lauder had announced the Accenture contract but there was no information on that business moving away from Wipro.“In the second quarter, we've established our new Enterprise Business Services, selecting Accenture to transform how we deliver shared services globally as we accelerate the deployment of AI throughout the organization,” said Stéphane de la Faverie, chief executive of Estée Lauder, during the company’s post earnings conference call on 5 February.Emails sent to Wipro and Estée Lauder on Monday went unanswered.Mint learns that much of the work awarded to Accenture was part of a February 2021 deal won by Wipro. The Bengaluru company had reportedly bagged the $500 million contract with Estée Lauder, which was supposed to run for five years.

France is great. I visit a few times a year, and the food is fantastic, the museums are amazing and day care is free (or heavily subsidized) for toddlers aged 3 months or more. New York City, where I live, is also great, with pretty good food and architecture.

There’s a full fledged war going on between once-close neighbours Pakistan and Afghanistan. The two have been trading deadly shelling and mortar fire across their border, with Pakistan Defence Minister Khwaja Asif saying on Friday that his country’s patience had “run out” and declaring “open war” on its neighbour.

The intraday price of gold hit an all-time high of $5,595 per troy ounce in late January, having nearly doubled within the span of a little over a year. On the same day, in rupee terms, gold of 24 Karat purity recorded a price of ₹183,000 per 10 grams, having risen 134% over the same period thanks to the combined effect of its price gain and the rupee’s depreciation. Silver, the metal’s younger sibling, sparkled almost as much during the same period.The sharp rise of gold and its moderate correction since has every investor asking what is going on.

thalis with dozens of dishes. Every market fall brings out a familiar spread of explanations—geopolitical tensions, FII selling, disappointing earnings, high valuations—each served with the gravitas of someone who has decoded the universe's deepest mysteries.We could treat such expertise as entertainment rather than investment guidance.

Subscribe to enjoy similar stories. Financial advisor Douglas Boneparth chuckled when he saw the sharp selloff last week in wealth management stocks over concerns about tax planning updates to an artificial intelligence tool from fintech Altruist. Boneparth, who has been using Altruist’s AI-powered Hazel platform for several months, says the market was finally waking up to something he has been experiencing firsthand: AI is beginning to transform the wealth management industry.

Subscribe to enjoy similar stories. Mayor Zohran Mamdani proposed raising New York City property taxes by nearly 10%, having failed so far to persuade New York Gov. Kathy Hochul to increase taxes on corporations and the wealthy.

Subscribe to enjoy similar stories. Nadya Okamoto is getting married this summer and wasn’t sure if she could write off the cost of a professional photographer. The 28-year-old earns most of her income posting about her life on TikTok, YouTube and Instagram, and plans to post photos of the ceremony online.

Subscribe to enjoy similar stories. NEW DELHI/MUMBAI : Even as it battles India’s market regulator, high-frequency trading (HFT) firm Jane Street has made its presence felt at the country's top institutes with marquee offers. The firm has hired students from Indian Institute of Technology (IIT) campuses and could once again emerge as their highest-paying recruiter.

Subscribe to enjoy similar stories. It’s the best of times for Wall Street bulls and worst of times for young college grads. The Dow Jones Industrial Average on Friday smashed a record and crossed 50000 amid renewed optimism about the economy.

Subscribe to enjoy similar stories. Shares of top Indian information technology (IT) services firms fell sharply in early trade on Wednesday, mirroring the drop in US technology and software stocks overnight after American AI firm Palantir launched a new tool that threatens an important revenue stream of these companies. Shares of Tata Consultancy Services Ltd, Infosys Ltd, HCL Technologies Ltd, Wipro Ltd, and Tech Mahindra Ltd were down 5.1%, 5.96%, 4.94%, 3.36%, and 4.61%, respectively in early trade.

Subscribe to enjoy similar stories. President Trump said he is seeking $1 billion in damages from Harvard University, the latest escalation in his administration’s fight with the institution over alleged antisemitism. Trump posted on social media after the New York Times reported that his administration had dropped its demand for a $200 million payment to the government to settle the dispute.

Subscribe to enjoy similar stories. MUMBAI: Adani Group chairman Gautam Adani and his nephew Sagar Adani have hired prominent attorneys in the US—including one of Donald Trump’s lawyers and a former Mafia prosecutor—to represent them in their defence against allegations of securities fraud levelled by the Securities and Exchange Commission (SEC). The senior Adani has appointed law firm Sullivan & Cromwell LLP with Robert Giuffra leading the team representing him, as per a court filing dated 30 January.