OpenAI sees roughly $5 billion loss this year on $3.7 billion in revenue
CNBC has confirmed that OpenAI expects about $5 billion in losses on $3.7 billion in revenue this year — figures first reported by The New York Times.
-
-
Yunus sparks Hasina extradition buzz after talks with ICC lawyer
Bangladesh’s interim government chief adviser Mohammad Yunus met ICC prosecutor Karim AA Khan to discuss procedures for trying crimes against humanity. This has intensified speculation about plans to extradite ousted PM Sheikh Hasina, accused in relation to violent protests. Despite an extradition treaty, India may block her handover.
-
Hezbollah hits back at Israel following IDF airstrikes on Beirut
The Israeli military and Hezbollah engaged in strikes on Friday. Hezbollah targeted Safed in northern Israel with rockets, causing property damage but no injuries. This was a response to an earlier Israeli airstrike on Hezbollah’s southern Beirut headquarters, which resulted in casualties and destruction. The conflict has led to a humanitarian crisis with many displaced.
-
-
BJP takes MCD panelseat as AAP pulls out
BJP councillor Sunder Singh Tanwar secured a seat on the Municipal Corporation of Delhi’s standing committee following withdrawals by AAP and Congress. With BJP now holding a majority in the committee, further confrontations are anticipated as AAP dominates the House, potentially postponing formal approvals.
-
-
Minimum wages for unorganised sector to rise as variable DA up
The Centre has raised minimum wage rates for unorganised sector workers through a revision of the variable dearness allowance. Effective from Oct 1, these new rates are categorised by skill levels and geographical areas. This move is intended to help workers cope with increasing living costs.
-
In bid to check outsider influx, U’khand to make buying of land tougher
The Uttarakhand government is preparing a stringent land purchase law to control large-scale acquisitions in hilly regions by non-residents. This new legislation aims to identify and reclaim illegally acquired land, ensuring compliance with existing norms. The focus is on preventing misuse of regulations for personal gain while supporting genuine investors.
-
Menendez brothers, convicted of killing parents, defended by relatives as they fight for freedom
The relatives of Erik and Lyle Menendez — popularly known just as the Menendez brothers — are standing up for the two men convicted of shooting both their parents to death in their Beverly Hills, Los Angeles, mansion in 1989. Joseph Menendez, who goes by his middle name Lyle, and his brother, Erik, shot their…
-
New schizophrenia drug gets FDA approval, taking novel approach to treating brain disorder
A new drug has been approved for the treatment of schizophrenia in adults. On Thursday, the U.S. Food and Drug Administration (FDA) approved COBENFY (xanomeline and trospium chloride), an oral medication that is manufactured by Bristol Myers Squibb in New Jersey. This marks the first new class of medications for the brain disorder in several…
