How Samsung fell behind in the AI boom leading to a $126 billion wipeout
Samsung Electronics has fallen behind long-time rival SK Hynix in the area of high-bandwith memory.
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Block reports revenue miss but a slight beat on earnings
Shares of Square parent Block tumbled in extended trading on Thursday after the company reported disappointing revenue for the third quarter.
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End of runway for Jet: SC orders liquidation, nixes revival plan
The Supreme Court has ordered the liquidation of Jet Airways after the Jalan Kalrock Consortium, the winning bidder, failed to deposit the first installment of the resolution plan. The court invoked its special powers to order the liquidation, citing the consortium’s violations and the lack of progress in reviving the airline.
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Station master’s ‘OK’ sends train, his life on wrong track
A station master’s casual “OK” during a heated phone argument with his wife was misconstrued as authorization to dispatch a train. This mistake cost the railways Rs 3 crore and led to the station master’s suspension, fueling a tumultuous 12-year divorce battle that ultimately reached the Chhattisgarh High Court.
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Allow registration in insolvency cases if OC issued: IBBI
The Insolvency and Bankruptcy Board of India (IBBI) has put forward proposals to streamline the insolvency process for real estate projects. These proposals aim to allow the registration of properties owned by insolvent real estate companies if homebuyers have cleared dues and received possession. The IBBI also suggests that homebuyers should be exempt from certain…
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Charity by India Inc up 4%, Nadar biggest giver
Indian philanthropists donated a total of Rs 8,783 crore in FY24, a modest increase from the previous year. Shiv Nadar topped the list for the fourth consecutive year, donating Rs 2,153 crore, primarily towards education. The EdelGive-Hurun India Philanthropy List 2024 highlights the growing trend of substantial donations among India’s wealthiest individuals.
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White House says Biden believes he made right decision to drop out of 2024 race despite Trump victory
White House press secretary Karine Jean-Pierre said President Biden believed he made the right decision to drop out of the presidential race in July, acknowledging there are many election experts analyzing the failed efforts by the Democratic Party with their own opinions on the race dominated by Republican President-elect Trump. Jean-Pierre spoke to reporters during…
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Dak Prescott’s hamstring tendon may have partially torn calf off bone, early diagnosis reveals: report
Dallas Cowboys quarterback Dak Prescott could miss the next several weeks. The NFL Network reported that an initial diagnosis suggested Prescott’s hamstring tendon partially tore off the bone. The condition is called a partial avulsion. The injury typically requires a minimum recovery time of four weeks. NFL Media reported that the Cowboys signal-caller is likely…
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Trump names Susie Wiles as first female White House chief of staff in history
Susie Wiles, a longtime GOP operative, will serve as President-elect Donald Trump’s White House chief of staff. Largely avoiding the spotlight, Wiles has been widely credited for running what was Trump’s most disciplined and well-executed campaign. During his victory celebration in West Palm Beach, Florida, Trump gave a special thanks to Wiles for her prominent…
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Young Trump supporter with rare brain disorder surprised by president-elect’s victory in sweet video
An 8-year-old boy, who was surprised when Donald Trump greeted him during a campaign rally in New York, got another surprise when he woke up the day after the election, and it was all caught on camera. “We have something to tell you Liam,” Siobhan Licastro, Liam’s mother, tells him the morning after the election….
