walmart

walmart is restructuring its global technology and product teams, leading to approximately 1,000 corporate employees facing layoffs or relocation. This move aims to improve efficiency by combining similar functions and aligning organizational efforts. The retail giant is also experiencing a slowdown in tech hiring, reflected in a significant reduction of H-1B visa applications.

They are today the drivers of the country’s services exports and GDP growth; they are doing cutting-edge tech work; India needs a GCC policy to make them catalyse our educational and research institutions, and our deeptech startup ecosystem

Former Nintendo of America president Reggie Fils-Aimé revealed the NES and SNES Classic Editions were a strategic move to boost sales during the Wii U's struggling years. These retro consoles provided much-needed volume during holiday seasons. Fils-Aimé also detailed a past dispute with Amazon over an 'illegal' pricing arrangement, leading Nintendo to cease sales with the retailer.

As many tech giants pull back on hiring, SpaceX is bucking the trend, actively recruiting brilliant engineers and physicists to expand its AI team, regardless of their background in artificial intelligence. Elon Musk believes that 'smart humans figure it out fast' and is challenging aspirants to demonstrate their extraordinary capabilities through three impactful bullet points.

Asian markets rallied Friday, buoyed by hopes of US-Iran peace talks, though volatile oil prices and Strait of Hormuz concerns fueled inflation worries. Tokyo led gains as investor sentiment improved. Despite diplomatic optimism, rising crude prices prompted reassessment of global interest rate expectations, with the US Federal Reserve potentially hiking rates later this year.

Indian markets mirrored global trends as US stocks dipped, pressured by rising oil prices and Treasury yields, despite Nvidia's stellar earnings. While AI enthusiasm cooled, a resilient US economy and strong export data from Japan offered some bright spots. However, concerns over geopolitical tensions and inflation persisted, impacting investor sentiment.

US stock indexes traded mixed as easing Treasury yields and lower oil prices calmed investor concerns following last week's bond selloff. The Dow Jones Industrial Average saw gains, while the S&P 500 edged up and the Nasdaq Composite slipped. Investors are now closely watching upcoming corporate earnings, with Nvidia and walmart set to report.

Sanjay Mehrotra is CEO of Micron Technology, the memory-chip giant that just crossed a market cap of $1 trillion to break into the top 10 US companies by valuation

The Department of Justice has subpoenaed Google, Apple, and Amazon for data on over 100,000 users of EZ Lynk's Auto Agent app. This action is part of a lawsuit alleging EZ Lynk sold "defeat devices" to disable vehicle emissions controls. Privacy advocates are concerned the broad requests exceed the case's needs and could impact user data protections.

The ISB Online Leadership with AI Programme equips senior leaders to navigate digital disruption by harnessing Generative and Agentic AI for innovation, decision-making, and transformation. Designed for experienced professionals, it blends expert-led masterclasses, hands-on AI tools, global case studies, and a capstone project to build AI-ready leadership skills.

At Galgotias University, students are building careers across leading global organisations, startups, research, innovation, and entrepreneurship-driven ventures.

While generative AI impacts white-collar jobs, Blackstone's Jon Gray highlights a surge in blue-collar employment driven by AI infrastructure investments. Massive spending on data centers is creating lucrative opportunities for skilled trades, though a significant talent shortage looms. Companies are now investing in training initiatives to address this growing demand.

But Delhi policy wonks just don’t get it. These centres today are drivers of services exports & GDP growth. Now, India needs a policy to make them catalyse our educational, research, and deep-tech ecosystem

Uber CEO Dara Khosrowshahi is in India to solidify investment plans amidst fierce competition from Rapido. He met with key ministers, discussing EV transitions and dark patterns, and was urged to submit audit reports. Khosrowshahi also highlighted a quadrupling of drivers on Uber's platform since 2022, signaling significant growth.

Google's I/O 2026 event showcased significant AI advancements. New models like Gemini Omni and Gemini 3.5 Flash were introduced. Google also revealed AI agents such as Gemini Spark and Universal Cart for shopping. Search received its biggest upgrade in 25 years with deeper AI integration. Wearable devices and smart glasses also featured prominently in the announcements.