As an 18-year-old Harvard freshman, Bill Gates had multiple job offers from major tech companies like General Electric, Digital Equipment Corporation (DEC), and Honeywell. While these offers boosted his confidence, Gates acknowledges that accepting any of them could have altered the course of his life—potentially delaying or even preventing the creation of Microsoft, which is now a $3 trillion tech giant.Gates details this pivotal phase of his life in his new memoir, Source Code, publis

DBS Group, Southeast Asia’s largest bank, has announced plans to reduce its workforce by 4,000 employees over the next three years due to the increasing adoption of artificial intelligence (AI) and automation in banking operations. The move, confirmed by outgoing CEO Piyush Gupta, signals a major transformation in the financial sector, where AI-driven efficiencies are gradually replacing traditional job roles.   Speaking at an industry conference in Mumbai, Gupta r

The Trump administration has taken a dramatic step in reshaping U.S. foreign aid by terminating 2,000 employees from the U.S. Agency for International Development while placing thousands more on administrative leave around the globe. Following a ruling by a federal judge, the decision affects both domestic and international USAID staff, leaving only those designated as essential for mission-critical functions, leadership, or specific programs in active service. As of 11:59 p.m. EST on

The Department of Government Efficiency, known as the DOGE initiative, was introduced to streamline government spending by reducing the number of federal employees and eliminating programs that do not align with President Trump's policies. The initiative was presented as a necessary response to the growing $36 trillion national debt. One of its first major actions was the removal of Diversity, Equity, and Inclusion programs, a move that has been met with both support and criticism. While

Indian stock markets experienced a significant fall in early trade on Monday, even though the Reserve Bank of India (RBI) announced a rate cut and the Bharatiya Janata Party (BJP) emerged victorious in the Delhi Assembly elections. The benchmark indices opened lower and continued to decline amid growing selling pressure. The BSE Sensex lost over 600 points, while the NSE Nifty dropped nearly 200 points.   The Sensex hit a low of 77,189.04, down from the previous session&

Recruitment Overview: PNB has started the recruitment process for the position of Internal Ombudsman. A total of 2 positions are available. The application deadline is February 22, 2025. The position is contractual, with a fixed term of three years. Selection Procedure: Selection will be based on a

The H-1B visa is a temporary work permit issued by the U.S. to foreign nationals with specialized skills in fields like technology, engineering, medicine, and finance. Initially granted for three years, the visa can be extended up to six years, with the possibility of indefinite renewals for those pursuing permanent residency through a Green Card. The visa provides a vital bridge for skilled workers to join U.S. companies facing talent shortages. The application process for the H-1B

Tesla CEO Elon Musk recently responded to a discussion about foreign-born tech workers in the U.S., defending their contribution to the industry. The conversation began when Amjad Masad, CEO of Replit, questioned whether foreign workers were truly displacing qualified Americans in the tech sector. Masad pointed out the large number of unfilled tech jobs, expressing skepticism about claims that foreign workers were taking opportunities from native-born Americans. Musk, who is origina

IIT Kanpur has achieved remarkable results in the first phase of campus placements for the 2024-25 batch, with 1,109 job offers made between December 1 and 15. These offers include both campus placements and Pre-Placement Offers (PPOs) across various industries. International job offers have increased significantly, with 28 offers—a 27% rise compared to last year. This surge is attributed to growing student interest in core industries, with Bharat Petroleum Corporation Limited

In a move to improve efficiency, Google has reduced its managerial staff by 10%, including roles at the manager, director, and vice president levels. This decision is part of a broader initiative to streamline the company and address increasing competition from AI-driven companies like OpenAI. CEO Sundar Pichai discussed these cuts during an all-hands meeting, stating that some employees would be reassigned to individual contributor roles, while others would face position eliminations.

Bitcoin reached an all-time high of over $106,000, marking a significant milestone just 10 days after surpassing the $100,000 mark. The cryptocurrency’s surge is fueled by expectations that the Federal Reserve may cut interest rates during its upcoming policy meeting. Lower interest rates historically benefit Bitcoin, as they weaken the US dollar and increase the money supply, driving investor interest in digital assets. Bitcoin has risen over 77% in the last year, and its rec

Australia is introducing new rules to compel large tech companies, including Google, Meta, and TikTok, to pay local publishers for news content. These companies, whose annual Australian revenue exceeds $250 million, will need to negotiate commercial deals with media organizations or face increased taxes. This move builds on the world-first law passed in 2021, which forced tech giants like Meta and Google to pay for news content shared on their platforms. The new rules aim to pressur

The increasing integration of technology into workstreams is reshaping traditional job roles, with AI, machine learning, and analytics leading the charge. According to a recent report by Indeed and Nasscom, cybersecurity has emerged as the second-most sought-after domain, surpassing cloud technology. The report identifies the top five in-demand job roles as data scientist/analyst, AI/ML expert, cybersecurity specialist, cloud architect/engineer, and DevOps engineer. HR leaders empha

In his victory speech after the 2024 US presidential election, Donald Trump showered praise on SpaceX CEO and X (formerly Twitter) boss Elon Musk, calling him an "amazing guy" and a "super genius." Trump highlighted how Musk's Starlink satellite internet service had been a lifesaver in the aftermath of Hurricane Helene, illustrating its potential to provide reliable internet connectivity to the remotest areas of the globe. This endorsement has sparked a renew

In a historic move, Chief Minister Chandrababu Naidu has embarked on his fourth term with a robust agenda for Andhra Pradesh. The recent approval of six transformative policies aims to establish the state as a leading industrial hub in India, focusing on job creation and entrepreneurship. The policies are: AP Industrial Development Policy 4.0 (AP IDP 4.0) AP MSME & Entrepreneur Development Policy 4.0 (AP MEDP 4.0)

Kumari Aunty, known for serving delicious home-cooked food at affordable prices on the streets of Hi-Tech City, has garnered immense popularity across the Telugu states. Her culinary skills and warm demeanor have made her a favorite among locals. However, her business faced a setback when the Cyberabad police shut it down on one occasion. Fortunately, CM Revanth Reddy stepped in, directing officials to allow her to continue serving her community. On Wednesday, Kumari Aunty finally h