LTIMindtree Lambu’s task cut out: Balancing AI productivity gains with client expectations
As the newly appointed CEO designate of LTIMindtree, Venu Lambu is tasked with managing client expectations as AI-driven efficiency gains influence deal wins. In the recent earnings commentary, LTIMindtree management spoke about productivity benefits that were passed on to a large client. In this case, LTIMindtree passed on productivity gains
DeepSeek Prompts a Reckoning Across Wall Street and Silicon Valley
Good morning on this action-packed Monday. Mark this week on your “History of Artificial Intelligence Timeline”: The creation of DeepSeek, the Chinese A.I. sensation that we told you about last week, is shaking the technology industry to its core. The super-efficient, open-source software is raising questions about the valuations of
Doug Emhoff to Return to Corporate Law
The latest guessing game in Washington is where former Vice President Kamala Harris and her husband, Douglas Emhoff, might go next. Half of that question has been answered. Starting Monday, Mr. Emhoff will become a partner at the corporate law firm Willkie Farr & Gallagher, splitting his time between Los
Sridhar Vembu steps down as Zoho Corp CEO to focus on AI research
CHENNAI: Sridhar Vembu has stepped down as the chief executive of Zoho Corp to focus more on the research and development of artificial intelligence products. Vembu would take up a new role as the chief scientist, he said in a X post on Monday. Zoho co-founder Shailesh Kumar Davey has
Stocks Markets Fall Sharply as Investors Worry About China’s AI Advances
Stock markets fell sharply on Monday, dragged down by fears that advances in artificial intelligence by Chinese upstarts could threaten the moneymaking power of American technology giants. The Chinese A.I. company DeepSeek has made waves by matching the capabilities of cutting-edge chatbots while using a fraction of the specialized computer
In China, Government Data on Drugs Blocked From Public After Backlash
When a group of prominent Chinese doctors publicly raised worries last week about the quality of domestic drugs, China’s government sent officials to investigate. But now data about the drugs that appeared on a government website as recently as Friday is no longer publicly available. A social media post from
‘Biggest stock market crash coming…’: Robert Kiyosaki, author of Rich Dad Poor Dad makes big prediction
His 2013 publication, “Rich Dad’s Prophecy,” previously cautioned about an unprecedented market collapse. (AI image) Biggest stock market crash coming? The author of “Rich Dad Poor Dad,” Robert Kiyosaki, has made a striking prediction about the stock market’s future. In a post on X (formerly Twitter) he shared that February
Asheville’s Restaurants Hit Reset After Hurricane Helene
Earlier this month, Drew Wallace started paying the cooks, bussers and the rest of the 20 or so employees of his restaurant the Bull and Beggar, in Asheville, N.C., for the first time since two feet of river water flooded its dining room in September. “It’s a really victorious feeling,”
BrahMos deal soon? India may extend Line of Credit to Indonesia for sale of BrahMos missiles
BrahMos CEO Jaiteerth R Joshi met with Subianto in PM Modi’s presence. BrahMos missile deal: The potential sale of BrahMos missiles, a joint India-Russia development, was the primary focus during the summit between PM Narendra Modi and Indonesia President Prabowo Subianto on Saturday. India is considering extending a Line of
Study: Women occupy just 19% of C-suite roles
NEW DELHI: Despite efforts by India Inc and regulations to address gender diversity, women still occupy just 19% of C-suite roles in India, far below the global average of 30%, highlighting the need for targeted talent search initiatives.A key barrier preventing women from accessing and excelling in these leadership positions