Tag: fast
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India’s IT stocks head for worst day in 4 months on AI disruption worries; TCS plunges 9%
June 3 : India’s information technology stocks were headed for their worst day in four months on Wednesday as renewed concerns that artificial intelligence could disrupt traditional software services rattled investors.The IT index was down 5.8 per cent at 29,310.25 points. If losses hold, this would be its wo
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Leclerc confirms multi-year extension with Ferrari
June 3 : Driver Charles Leclerc has committed to Ferrari in a multi-year contract extension, the Formula One team confirmed on Wednesday ahead of the Monaco Grand Prix.The 28-year-old Monegasque has driven for the Maranello-based outfit in F1 since 2019, winning eight races.”I couldn’t be happier to co
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EU court backs Meta fight against gatekeeper label for Marketplace, but not for Messenger
BRUSSELS, June 3 : Europe’s second-highest court on Wednesday backed Meta Platforms’ fight against the labelling of its Marketplace platform as a gatekeeper under EU rules but rejected its challenge against the same designation for its messaging app Messenger.”The decision does not satisfy the requirements in
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Nippon Paint, Sherwin-Williams end takeover pursuit, AkzoNobel shares tumble
TOKYO/GDANSK, June 3 : Nippon Paint and Sherwin-Williams said on Wednesday they had decided to terminate their efforts to jointly acquire rival paint maker AkzoNobel.Shares of the Dulux paint maker fell more than 20 per cent in early trade after being halted initially, and were set for their worst-ever tradin
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Fire sweeps through New Delhi building, killing at least 21 people
NEW DELHI: At least 21 people were killed in a fire at a hotel in Delhi on Wednesday (Jun 3), police said, in one of the worst such incidents in the capital in recent years.”It is with profound sorrow that 21 persons have been declared dead in this tragic incident,” police said in a press…
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Amazon launches Prime in South Africa for under $4 a month
June 3 : E-commerce giant Amazon.com said on Wednesday it has launched its paid Prime service in South Africa, offering faster deliveries and media content for 59 South African rand ($3.61) a month or 399 rand a year. Here are some details: • Amazon Prime is already available in 26 other countries, w
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UK regulator enforces new competition requirements on Google search
June 3 : Britain’s competition regulator said on Wednesday it has imposed new conduct requirements on Google’s search services, including allowing publishers to opt out of training the U.S. tech giant’s AI models, as the watchdog ramps up its oversight.The Competition and Markets Authority has flagged concern
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England captain Sciver-Brunt ready for T20 World Cup, says coach
June 3 : Captain Nat Sciver-Brunt is ready to go for England’s Twenty20 World Cup campaign after recovering from a calf injury, head coach Charlotte Edwards said, adding the all-rounder probably will not bowl in the tournament.Sciver-Brunt suffered a calf tear playing in the domestic Women’s One-Day Cup in Ap
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US sanctions Iran’s largest crypto exchange over IRGC links
LONDON, June 2 : The United States announced sanctions on Iran’s biggest cryptocurrency exchange on Tuesday, accusing it of enabling the Iranian government and blacklisted state institutions to circumvent Western sanctions.The new sanctions follow a Reuters investigation published on May 1 which showed how
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