Mumbai: Tata Consultancy Services crossed ₹15 lakh crore in market capitalisation on Tuesday, becoming only the second Indian company to do so after Reliance Industries. Overall strength in the technology space helped shares of the flagship company of the Tata group surge 4.4% intraday to a lifetime high of ₹4,149.9, before closing 4% higher at … Read more
TALLAHASSEE, Fla. — Florida children under the age of 16 would be banned from popular social media platforms regardless of parent approval under a bill passed by the House on Wednesday, a measure that is the top priority for the chamber’s speaker. The bill doesn’t list which platforms would be affected, but it targets any … Read more
We don’t know what we want. This week, we will find out what it is that will propel us forward or turn us back after the S & P 500 on Friday closed at a new record high for the first time in more than two years. For example, we have three rails that report … Read more
Ajei Gopal, CEO, Ansys Scott Mlyn | CNBC Semiconductor design and software firm Synopsys on Tuesday announced it would acquire Ansys, a engineering and product design software firm, in a cash-and-stock deal valued at approximately $35 billion. Synopsys will pay consideration of roughly $390 per share: $197 per-share in cash and roughly one-third of a … Read more
Get ready to share your custom chatbot with the whole world. Well, at least with other ChatGPT Plus subscribers. OpenAI recently launched its GPT Store, after it delayed the project following the chaos of CEO Sam Altman’s firing and reinstatement late in 2023. While OpenAI’s GPT Store shares some similarities to smartphone app marketplaces, it … Read more
Fleming believed that growth has natural limits. Things grow to maturity—kids into adults, saplings into trees, startups into full-fledged companies—but growth beyond that point is, in his words, a “pathology” and an “affliction.” The bigger and more productive an economy gets, he argued, the more resources it needs to burn to maintain its own infrastructure. … Read more
The Magnificent Seven — a term I coined earlier this year to track the market’s biggest tech winners — has certainly lived up to its vaunted name. Those seven mega-cap tech names are Apple, Google-parent Alphabet, Facebook and Instagram owner Meta Platforms, Microsoft, Amazon, Nvidia and Tesla. The first six are Club names. Call them … Read more
