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Read More... South Korean Chip Stocks Plunge as AI Spending Concerns Rise
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South Korean chip stocks fell sharply as rising bond yields and concerns over Big Tech’s AI spending pressured semiconductor markets.
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Microsoft to Cut 4,800 Jobs as AI Infrastructure Costs Rise
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Microsoft will lay off around 4,800 employees as it restructures operations amid rising AI infrastructure costs. The company is also increasing investments in data centres and reviewing its gaming business.
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Snapchat Sued in US Over Minor's Rape; India Base at 25Cr
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Snap Inc. faces a major lawsuit in Missouri after its Quick Add feature allegedly led a predator to a 12-year-old. India remains Snap's largest market.
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