Google expands in Miami after Page & Brin's $225m Florida homes; leased space quadruples
The TOI Tech Desk is a dedicated team of journalists committed to delivering the latest and most relevant news from the world of technology to readers of The Times of India. TOI Tech Desk’s news coverage spans a wide spectrum across gadget launches, gadget reviews, trends, in-depth analysis, exclusi...
'US not piggybank for Europe': Trump to impose tariffs on EU for fining Google
US President Donald Trump on Friday threatened to impose tariffs on the European Union and launch a probe after accusing the bloc of unfairly targeting American technology companies through heavy antitrust fines.
Firm hacked by rogue OpenAI models says it is 'a wake up call'
Firm hacked by rogue OpenAI models says it is 'a wake up call'Image source, Bloomberg via Getty ImagesImage caption, Thomas Wolf, Hugging Face's co-founder and chief science officer ByOsmond ChiaBusiness reporterPublished3 minutes agoThe co-founder of Hugging Face, a technology start-up that was hacked after some of OpenAI's most advanced artificial intelligence (AI) models went rogue, said on Thursday that the incident is "a wake up call" for the industry.Thomas Wolf told the BBC that "this wil...
IIT Delhi Roommates Built a ₹565 Crore Startup Transforming India's Cattle Market
IIT Delhi civil engineering graduates Neetu Yadav and Kirti Jangra chose an unconventional entrepreneurial path by building Animall Technologies, a digital marketplace for cattle trading. Starting as a weekend project in 2019, the startup aimed to solve challenges faced by dairy farmers buying and selling cows and buffaloes. Today, Animall is valued at around Rs 565 crore and is helping modernise India's largely offline cattle market by connecting farmers through technology and creating a more t...
China's Moonshot AI stole from Anthropic, Trump tech adviser says
China's Moonshot AI stole from Anthropic, Trump tech adviser saysImage source, Future Publishing via Getty ImagesImage caption, Kimi K3 is an AI model developed by Beijing-based Moonshot AI ByOsmond ChiaBusiness reporterPublished8 minutes agoA White House adviser has accused China's Moonshot AI of a "large scale" effort to steal the capabilities of top US artificial intelligence (AI) models.US President Donald Trump's Science and Technology adviser Michael Kratsios said Moonshot AI carried out t...
Unveiling Wealth: How the Richest Arab Billionaires Built Their Empires
Discover the incredible journeys of the richest Arab billionaires, who transformed their initial investments into astonishing fortunes. From oil and real estate to technology and finance, their stories are not just about money, but also about vision and innovation.
From Dishwasher to $100 Billion: The Unbelievable Journey of NVIDIA's Jensen Huang
How did a boy from Taiwan transform a Silicon Valley startup into a $100 billion tech giant? Discover the extraordinary path of Jensen Huang, the visionary founder of NVIDIA, and learn how his journey is reshaping the world of technology.
Asian stocks trade in green: Kospi adds 6%, Nikkei jumps over 1,100 points
Asian markets opened higher, mirroring Wall Street's gains as technology stocks rebounded. Japan, South Korea, and Taiwan led the advance, while China also saw gains. Oil prices continued to climb due to threats in the Red Sea region. US markets closed higher overnight, with semiconductor shares driving the upward movement. Investor focus now shifts to upcoming earnings reports from major tech companies.
Inside Sam Altman's Vision: How One Man is Shaping the Future of AI with OpenAI!
Sam Altman is not just building technology; he’s crafting the future. Discover how this visionary leader’s journey and innovative ideas are revolutionizing artificial intelligence and impacting our lives in unimaginable ways.
Trump Media to sell early access to key social posts
Trump Media to sell early access to key social postsImage source, Getty ImagesImage caption, US President Donald Trump. ByFrancisco VelasquezBusiness reporter Published1 minute agoTrump Media & Technology Group, which owns Truth Social, is launching a paid service to give Wall Street firms high-speed access to its most influential posts, though it is not clear if the paid service will include President Trump's posts.Launching 1 August, instant updates will be delivered from key accounts, it said...
Ocado chief says he won’t be a ‘puppet master’ amid apparent succession row
Tim Steiner speaks as shares in the online grocer slide nearly 15% on plunge in pre-tax profits to £17mBusiness live – latest updatesThe co-founder and boss of Ocado has insisted he has “no intention of being a puppet master” exerting control over its staff amid an apparent boardroom row over succession at the grocery technology company.Tim Steiner, who is to stand down as chief executive in 2028, suggested that any successor would be happy to work with him. Continue reading...
Billionaire spent half the year on superyacht to avoid property taxes
Innovative Microsoft engineer Charles Simonyi cleverly leveraged a bespoke superyacht to sidestep local taxation and stringent construction regulations. This mobile abode enabled him to traverse the globe while circumventing substantial property tax liabilities. His forward-thinking strategy predates ongoing discussions surrounding wealth taxation in high-levy regions. A trailblazer in digital technology and space tourism, he eventually acquired an even grander superyacht to enhance his aquatic...
US stocks today: Markets open in green despite Iran war tensions, oil price swings
US stock markets saw gains on Wednesday, driven by strong corporate earnings reports. Investors also reacted positively to recent inflation data, which showed a notable slowdown. This easing inflation reduced expectations for an imminent interest rate hike by the Federal Reserve. However, ongoing Middle East tensions kept global energy supply concerns elevated. Asian and European markets also posted gains, with technology shares leading the advance.
JPMorgan Chase on track to become world's first bank with a $1 trillion valuation
JPMorgan Chase is nearing a $1 trillion market valuation, a historic milestone for a bank. The lender's shares reached a record high after reporting its highest quarterly profit ever. Analysts expect dealmaking activity to remain strong through the rest of 2026. This achievement would place JPMorgan alongside major technology giants like Tesla and Meta. The bank's diversified business model and strong leadership contribute to its impressive performance.
IBM CEO's statement that wiped away $70 bn has added millions for cybersecurity firm
IBM CEO Arvind Krishna noted advanced AI concerns are causing companies to pause technology deals. Businesses are now rethinking cybersecurity spending priorities as AI evolves rapidly. IBM's preliminary second-quarter results missed Wall Street expectations, causing shares to fall. Cybersecurity stocks, however, surged as investors anticipated increased spending on protection. Krishna acknowledged IBM did not adapt quickly enough to market shifts.
Sensex jumps over 500 points, Nifty above 24,200: Top reasons driving stock market rally
Dalal Street experienced a strong rebound on Wednesday, reversing previous session losses. Improving tech sentiments and a firmer rupee boosted investor confidence significantly. Geopolitical developments and global cues also supported the market's upward movement. Foreign investors turned net buyers in July, contributing to the rally. Asian markets and technology stocks saw a notable rebound after US inflation data.
Workers enter ‘forever layoff’ era as firms cut jobs while hiring for AI
Microsoft and other tech giants are implementing frequent workforce reductions. These companies are simultaneously increasing investments in artificial intelligence technology. Many firms are reorganizing operations to adapt to the evolving technological landscape. This trend reflects a broader industry shift towards continuous workforce adjustments. Employees face uncertainty as businesses navigate AI integration and productivity demands.
Bill Gates' 2027 Predictions: Prepare to Be Shocked by His Vision for the Future!
Bill Gates is no stranger to making bold predictions, but his insights for 2027 will leave you questioning everything. From transformative technology to staggering economic shifts, discover the future through the eyes of one of the world’s wealthiest visionaries.
How can I get air conditioning in my home and how much does it cost?
How can I get air conditioning in my home and how much does it cost?Image source, Getty ImagesByMichael RaceBusiness reporterPublished28 minutes agoAs the UK experiences hotter summers and more regular heatwaves, households have been grappling with how to keep sweltering homes as cool as possible.Air conditioning has been in hot demand, with retailers seeing their stock fly off the shelves and units online sell out.The technology already features in many modern cars, hotels and other public plac...
US-Iran war impact: IMF lowers India’s GDP growth forecast marginally
According to the IMF, the global economy has so far avoided a steeper slowdown despite the war, as strong demand linked to the technology sector has helped offset the impact of reduced energy supplies caused by the conflict.