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Business

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AI saves $500 million for Microsoft as layoffs reshape strategy
AI saves $500 million for Microsoft as layoffs reshape strategy

REDMOND, Washington: Artificial intelligence is transforming Microsoft's bottom line. The company saved over US$500 million last year...

FTC’s rule to ease subscription cancellations struck down by court
FTC’s rule to ease subscription cancellations struck down by court

WASHINGTON, D.C.: A federal rule designed to make it easier for Americans to cancel subscriptions has been blocked by a U.S. appeals...

Musk’s X loses CEO Linda Yaccarino amid AI backlash, ad woes
Musk’s X loses CEO Linda Yaccarino amid AI backlash, ad woes

BASTROP, Texas: In a surprising turn at Elon Musk's X platform, CEO Linda Yaccarino announced she is stepping down, just months after...

Ex-UK PM Sunak takes advisory role at Goldman Sachs
Ex-UK PM Sunak takes advisory role at Goldman Sachs

NEW YORK CITY, New York: Former British prime minister Rishi Sunak will return to Goldman Sachs in an advisory role, the Wall Street...

Gold ETF inflows hit 5-year high as tariffs drive safe-haven bets
Gold ETF inflows hit 5-year high as tariffs drive safe-haven bets

LONDON, U.K.: Physically backed gold exchange-traded funds recorded their most significant semi-annual inflow since the first half...

PwC: Copper shortages may disrupt 32 percent of chip output by 2035
PwC: Copper shortages may disrupt 32 percent of chip output by 2035

AMSTERDAM, Netherlands: Some 32 percent of global semiconductor production could face climate change-related copper supply disruptions...

California

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U.S. Treasury Secretary says Musk should steer clear of politics
U.S. Treasury Secretary says Musk should steer clear of politics

WASHINGTON, D.C.: Elon Musk's entry into the political arena is drawing pushback from top U.S. officials and investors, as his decision...

TikTok building U.S.-only app amid pressure to finalise sale
TikTok building U.S.-only app amid pressure to finalise sale

CULVER CITY, California: TikTok is preparing to roll out a separate version of its app for U.S. users, as efforts to secure a sale...

Willy Adames, Giants hand Dodgers 7th straight setback
Willy Adames, Giants hand Dodgers 7th straight setback

(Photo credit: Neville E. Guard-Imagn Images) Willy Adames drove in three runs with a triple and a home run, Dominic Smith added...

Angels, Travis d'Arnaud walk off Diamondbacks
Angels, Travis d'Arnaud walk off Diamondbacks

(Photo credit: Kirby Lee-Imagn Images) Pinch-hitter Travis d'Arnaud singled in Logan O'Hoppe from second with one out in the bottom...

Pat Cummins to miss South Africa white-ball series, focuses on Ashes preparation
Pat Cummins to miss South Africa white-ball series, focuses on Ashes preparation

Kingston [Jamaica], July 12 (ANI): Australia's Test captain Pat Cummins is set to sit out next month's white-ball series against South...

Julian McMahon's cause of death revealed week after actor's passing
Julian McMahon's cause of death revealed week after actor's passing

Washington DC [US], July 12 (ANI): More than a week after actor Julian McMahon passed away, the official cause of his death has now...