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Oracle Cuts Jobs to Fund AI Push; Anthropic in Damage Control After Leak
Oracle initiates global layoffs to fund AI data centers, while AI rival Anthropic faces a security leak. Geopolitical tensions add pressure on the tech sector.
Soudan Underground Mine Tours Resume After Years of Closures
Public tours at the Soudan Underground Mine have resumed after a lengthy hiatus caused by a restoration project and recent flooding. Visitors can now reserve a spot to descend over 2,000 feet into the historic iron mine.
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Congress Releases Candidate List for 2026 West Bengal Assembly Polls
Congress has announced its initial candidates for the 2026 West Bengal elections, naming state chief Subhankar Sarkar from Sreerampur. The announcement comes as the Election Commission sets the stage for polls across five regions, including Tamil Nadu and Kerala.
Apple Marks 50th Anniversary as Tim Cook Invokes Steve Jobs' Legacy
CEO Tim Cook commemorates Apple's 50th anniversary with an internal memo, quoting Steve Jobs and reflecting on the company's journey from garage startup to global tech leader while looking to the future.
US F-15 Fails to Intercept Iranian Drone That Strikes Oil Targets
Footage shows a US F-15 jet failing to intercept an Iranian Shahed drone over Iraq. The drone evaded capture and struck a British-owned oil facility, while a separate attack hit a Kuwaiti tanker in Dubai.
Ranbir Kapoor Unveiled as Lord Rama in Epic 'Ramayana' Teaser
The first teaser for Nitesh Tiwari's 'Ramayana' has been released, introducing Ranbir Kapoor as Lord Rama. The epic two-part saga is scheduled for a Diwali 2026 release.
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Finward Bancorp Declares Dividend as CEO Makes Share Purchase
Finward Bancorp announces a $0.12 quarterly dividend and sees CEO purchase shares. Analysts forecast $0.9 EPS for the fiscal year amid a slight stock dip.
ASX Falls as AUSTRAC Orders Binance Audit After Crime Crackdown
The ASX dropped over 1% amid market volatility. Separately, AUSTRAC has directed Binance Australia to appoint an external auditor following a major financial crime crackdown.
Karnataka Finance Dept Reports Fake Staff Memo Amid Budget Rollout
The Karnataka Finance Department has filed a police complaint against a fake memo on social media falsely announcing contract staff terminations. The news broke as the state government presented its 2026-27 budget with a record outlay.
Anthropic AI Code Leak, Iran's Tech Threats Rattle Markets
Anthropic scrambles after a major source code leak for its Claude AI, while Iran threatens US tech giants like Nvidia, Apple, and Microsoft with attacks, creating industry-wide unease.
Canada's Finance Minister Visits China to Bolster Trade Ties
Finance Minister François-Philippe Champagne is in China to diversify trade and strengthen economic ties. The visit focuses on investment and supply chain integrity, building on the PM's earlier trip.
Trump Claims Iran War 'Nearing Completion' Amid Ceasefire Denials
President Trump stated US objectives in Iran are nearly complete and predicted a swift end to the conflict, but Iran denied his ceasefire claims as markets reacted to the ongoing war.
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Wall Street Rebounds Sharply as Nike's Turnaround Stalls
US stock markets surged in a powerful relief rally, with the Dow gaining 900 points. The rebound contrasts with Nike's struggles, as its sales outlook and China weakness led to a stock downgrade.
Italian Coastguard Recovers 19 Migrant Bodies in Mediterranean Rescue
Italian coastguard recovers 19 bodies from a distressed migrant boat off Lampedusa, rescuing 58 survivors. The tragedy highlights the perilous central Mediterranean route.
US Journalist Kidnapped in Baghdad Amid Regional Tensions
American journalist Shelly Kittleson was kidnapped in Baghdad on Tuesday. CCTV footage shows the abduction, which the US blames on an Iranian-backed Iraqi group.
UK Convenes 35 Nations for Summit on Reopening Strait of Hormuz
The UK is hosting a 35-nation diplomatic summit to find ways to reopen the strategically vital Strait of Hormuz, which has been closed by the US-Israel conflict with Iran.
AI Fights for Cantonese as Mandarin Dominance and Data Scarcity Loom
As Mandarin replaces Cantonese, AI models struggle due to English-centric training data. Hong Kong's Votee AI is building specialized language models to preserve Cantonese and serve other underserved languages.
Oracle Lays Off Thousands in Global Restructuring, Emails Sent at 6 AM
Oracle has initiated its largest-ever layoffs, with up to 30,000 jobs cut globally. Employees were notified via early-morning emails and faced immediate system lockouts as the company restructures to focus on AI and cloud services.
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Block Layoffs Spark Debate on AI's Role in Replacing Jobs
Block CEO Jack Dorsey cuts 4,000 jobs, outlining an AI-driven future where middle managers are replaced. Employees and experts question if AI is ready for complex, regulated financial work.
Congress Ends DHS Shutdown, Sidesteps Immigration Funding Fight
A deal funds most of DHS, excluding ICE, ending a record-long shutdown. Both parties claim victory, with Democrats celebrating a tactical win and Republicans planning a long-term funding push.