​WASHINGTON — A surge in political spending tied to artificial intelligence interests is reshaping congressional races in Texas, highlighting the growing influence of the tech industry on U.S. elections and policy debates. In the lead-up to the March 2026 primary elections, Republican candidate Chris Gober was promoted in a television ad as a “Trump conservative” and “MAGA warrior,” though the messaging avoided direct references to artificial intelligence despite backing from AI-link

Oracle India has confirmed that it will cut approximately 12,000 jobs as part of a major restructuring plan aimed at streamlining operations. This massive reduction in its workforce comes amidst growing challenges in the tech sector, including cost-cutting measures, automation, and shifts in business strategy. Oracle’s move is expected to send shockwaves throughout the Indian job market, which has been dealing with an increasing number of job losses in the technology sector. The l

Apple has acquired MotionVFX, a company known for developing plugins, templates, and visual effects tools designed for use with Apple’s professional video editing software, Final Cut Pro. The move is expected to strengthen Apple’s creative software ecosystem by integrating MotionVFX’s editing technologies directly into its platform, giving professional editors and content creators expanded tools for video production. MotionVFX confirmed the development in a statement posted on

Applications for the H-1B visa program for skilled non-immigrant workers have dropped sharply this year, with immigration experts estimating a decline of nearly 50 percent compared with the previous year. The fall in filings follows significant changes to the US immigration framework that have altered the dynamics of employer participation in the work visa program. Experts say the decline is linked largely to policy adjustments that introduced a steep increase in registration costs

Amazon has overtaken Walmart to become the world’s largest company by annual revenue, marking a historic shift in the long-running rivalry between the two retail giants. Walmart reported revenue of $713.2 billion for its most recent fiscal year, narrowly trailing Amazon’s $716.9 billion. The development had been anticipated for months after Amazon first exceeded Walmart in quarterly sales roughly a year ago, signaling a gradual but decisive change in the competitive landscape. W

Apple is scheduled to report its fiscal first-quarter earnings after the market closes on Thursday, with investors closely monitoring whether strong holiday demand for iPhones can offset rising costs and uncertainty around artificial intelligence investments. The company’s fiscal first quarter, which concludes in December, is traditionally its most important period of the year due to seasonal consumer spending. According to consensus estimates compiled by LSEG, analysts expect App

Infosys, the global information technology giant, is set to hire 20,000 college graduates in FY27, reinforcing its strong push into the artificial intelligence (AI) services sector. The announcement comes at a time when many companies in the tech industry are facing layoffs, positioning Infosys as a major player in the growing demand for AI-driven solutions. CEO Salil Parekh confirmed the hiring plan at the World Economic Forum (WEF) in Davos, where he highlighted the changing demand landscap

Amazon is poised for a new round of layoffs, expected to affect as many as 16,000 employees, adding to the 14,000 roles eliminated in the previous round. These job cuts come as part of Amazon's broader restructuring plan, aimed at streamlining its operations and becoming more efficient, particularly in light of shifting demands in the tech industry and the growing influence of artificial intelligence. The latest wave of layoffs is set to target several core teams, including those at Amazon We

A significant legal challenge to the steep increase in H-1B visa fees has suffered a major setback after a US District Court ruled that the federal government acted within its legal authority. The ruling has delivered a blow to business and employer groups that argued the move would restrict access to skilled foreign talent, even as the H-1B visa programme continues to face mounting pressure from stricter regulations and prolonged processing delays across the globe. The decision was i

Several major technology companies in the United States have advised employees working on H-1B visas to avoid international travel or return to the country immediately, as uncertainty grows around new immigration rules, higher application costs, and prolonged delays in visa interview appointments. The guidance reflects mounting concern among employers and workers about potential re-entry complications and extended periods of disruption caused by recent policy changes. In recent mont

Google has launched Gemini 3 Flash as its new default AI model across the Gemini app and Search, saying it delivers faster performance and stronger reasoning skills than previous releases. The company claims Gemini 3 Flash not only surpasses 2.5 Flash, but also comes close to matching its advanced Pro model. The move strengthens Google’s position in the competitive AI market, where OpenAI recently released GPT-5.2. With Gemini 3 Flash now becoming the primary experience for millions of user

Andhra Pradesh Chief Minister Chandrababu Naidu has been selected for the prestigious Business Reformer of the Year award by The Economic Times, earning nationwide recognition for his push to transform the state into a major investment destination. The award highlights the renewed momentum in business policy, infrastructure development and industrial expansion under his leadership. With a strong focus on investor confidence and governance reforms, Naidu has positioned Andhra Pradesh as a key

Recent calls by some US political activists to reduce or eliminate the presence of Indian professionals in American workplaces have reignited a long-running debate over immigration, national identity and economic growth. Mark Mitchell, a US pollster who has promoted what he describes as a “de-Indianisation” consultancy, has become a prominent voice in this discourse. His arguments reflect a broader strain of nativism that has surfaced periodically throughout American history, often at mom

In one of the biggest entertainment mergers in recent years, Netflix has agreed to acquire Warner Bros Discovery’s film studios, TV content division and streaming business for $72 billion, according to Reuters. The deal, once finalized, will bring one of Hollywood’s oldest legacy studios under the control of the world’s leading streaming giant a move that could reshape the global media landscape. Warner Bros Discovery, home to iconic franchises and premium networks, will becom

The debate over the H-1B visa programme in the United States has sharpened significantly, exposing a deep political divide over the future of skilled immigration. The issue has grown increasingly contentious in recent months, with former president Donald Trump and several Republican leaders intensifying allegations of fraud and misuse within the system. Their claims have focused heavily on Indian applicants, with some prominent voices asserting that a vast majority of submissions from India a

Google chief executive Sundar Pichai has urged caution as global enthusiasm for artificial intelligence continues to fuel record valuations and intense competition across the technology sector. In an interview, Pichai described the present moment as remarkable for innovation, yet marked by clear signs that investor expectations may be stretching beyond what the industry can sustain. His comments arrive at a time when comparisons to previous periods of market exuberance, particularly the late

Elon Musk pushed back Wednesday against reports that his artificial intelligence company xAI had raised $15 billion in new capital, calling the claim false shortly after sources familiar with the matter indicated the funding round had closed. The initial reports suggested that investors had added $5 billion to an earlier $10 billion round disclosed in September, which placed the company’s valuation at roughly $200 billion. According to individuals close to the fundraising efforts, much of t

A new visa policy introduced under the Trump administration has sent shockwaves through the United States job market, particularly affecting international professionals and technology firms. The government now mandates that employers pay a $100,000 fee for each new H-1B visa application, a move officials claim will curb abuse of the visa system and encourage hiring of American citizens. However, the measure has been met with widespread criticism from business leaders and immigration advocates