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After Amazon stock’s worst day since 2022, CEO Andy Jassy has a message for Wall Street

Amazon CEO Andy Jassy used his annual shareholder letter to defend the company’s $200 billion AI spending plan for 2026—months after the announcement tanked the stock over 10% in a single session. Jassy disclosed AWS’s AI business has hit a $15 billion annual run rate, pointed to customer commitments backing “a substantial portion” of the...

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Bihar: Power play brews between JD(U) and BJP for CM post as Nitish packs bags at 1 Anne Marg

NEW DELHI: Months after a high-stakes assembly election, politics in Bihar is once again heating up following chief minister Nitish Kumar’s decision to resign from the top job for a Rajya Sabha seat.According to reports, Nitish is likely to submit his resignation as CM and vacate his official residence on April 14.Janata Dal (United) working...

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Iran’s chief negotiator blames US for ‘failing to gain trust’ after peace talks in Pakistan collapse

Mohammad Bagher Qalibaf Iran’s chief negotiator at the Islamabad talks has blamed the United States for the failure to reach a deal, saying it failed to gain Tehran’s trust.In a series of posts on X, parliament speaker Mohammad Bagher Qalibaf said the Iranian delegation had presented “forward-looking initiatives” during the 21-hour negotiations. However, he said...

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How Iran-US mediation in Pak collapsed amid questions over China’s silent influence

The much-anticipated Iran–United States negotiations in Islamabad ended without a breakthrough after nearly 21 hours of intense deliberations, exposing deep-rooted strategic divides and casting uncertainty over the fragile ceasefire that had briefly paused a six-week-long conflict. What was billed as a rare diplomatic opening — the first direct engagement between Washington and Tehran in over...

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Microsoft VP says even if companies lays off 50% workforce due to AI, business will increase

While investors fret over a potential software rout due to ‘explosion’ of AI technology, one of Microsoft’s top executive has pushed back against fears of an enterprise software decline. According to Rajesh Jha, executive vice president of Microsoft’s Experiences + Devices Group, AI agents will still require software licenses, which addresses concerns that AI-driven job...

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US company fined $313K over ‘bias’ in Python developer hiring

A New Jersey-based professional services firm has agreed to pay $313,420 to settle allegations that it illegally excluded US citizens and permanent residents from job opportunities by restricting positions to temporary visa holders, the US Department of Justice announced. Compunnel Software Group Inc., which provides staffing and technology services, reached the settlement with the DOJ’s...

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