Tata Consultancy Services’ decision to cut more than 12,000 roles has reverberated well beyond one company’s payroll. Management’s move — framed internally as a realignment to address skill mismatches and to make the business “future-ready” — has instead been read across industry corridors as a signal that artificial intelligence and automation are accelerating a structural…
Disney reported third‑quarter results that exceeded analyst expectations, prompting the company to raise its full‑year earnings guidance. The performance highlights how several strategic developments — notably in streaming, sports rights, and theme park growth — combined to deliver robust financial outcomes. The company posted adjusted earnings per share of $1.61, up 16 percent year‑on‑year and comfortably…
In early-stage discussions, OpenAI is exploring a significant private sale of employee shares that could peg its valuation at approximately $500 billion, a leap from its $300 billion estimate. The deal, structured before any planned IPO, would allow both current and former employees to realize substantial gains. This potential transaction reflects OpenAI’s explosive revenue growth,…
Europe’s once-mighty coal and gas power stations, many slated for closure under decarbonization mandates, are finding renewed purpose as hotbeds of cutting-edge digital and artificial intelligence innovation. Beyond the high-profile conversions to data centers by global tech giants, a quieter revolution is underway: operators are retrofitting turbines, boilers and grid-connection assets with sensors, machine-learning platforms…
Tesla, long celebrated for an unrivaled base of repeat buyers, has experienced a seismic drop in customer loyalty since CEO Elon Musk publicly aligned with former President Donald Trump. Once peaking at a 73 percent repeat-purchase rate in June 2024—well above industry norms—Tesla’s loyalty metric tumbled to just under 50 percent by March 2025, before…
McDonald’s has announced an aggressive escalation of its artificial intelligence investments through 2027, signaling a strategic pivot aimed at modernizing operations, sharpening customer experiences and safeguarding its competitive position in a rapidly evolving quick-service landscape. Rather than incremental deployments, the fast-food giant plans a sweeping rollout of AI across order verification, demand forecasting, menu optimization…
Amid flagging demand in its two most important emerging markets, global brewer AB InBev is rolling out an ambitious sales push from Brazil to China designed squarely around driving beer volumes. After disappointing second-quarter shipment figures sparked the steepest share-price slide in years, the world’s largest brewer is doubling down on marketing, pricing and distribution…
Apple is shifting gears on its traditionally conservative spending strategy as it prepares to invest heavily in artificial intelligence, aiming to bridge the widening divide with rivals. CEO Tim Cook’s recent comments reveal a willingness to deploy tens of billions of dollars on new data centers, strategic acquisitions and expanded partnerships to accelerate Apple’s AI…
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