Bill Gates' Shocking Predictions for 2027: What You Need to Know!
As the tech titan gears up for the next decade, his 2027 predictions may leave you speechless! Discover how Gates envisions a transformative world where technology and health intersect like never before.
China tightens curbs on foreign investments amid AI, chip tech rivalry with US
China has unveiled stringent new regulations to bolster oversight of its overseas investments, particularly in critical tech sectors like AI and semiconductors. These rules, effective Wednesday, aim to safeguard national security and technological capabilities amidst escalating US competition. While designed to enhance outward investment quality, they could complicate global expansion for Chinese firms and access to Chinese capital for foreign partners, raising concerns about technology transfer...
As one of America's top VC predicts that 'crash is coming'; Elon Musk responds
A prominent venture capitalist is advocating for a stock market crash, arguing it's a necessary catalyst for technological advancement. He believes the current inflated valuations and excessive spending on data centers are unsustainable. This crash, he contends, will clear the way for a more robust 'golden age' by forcing a societal re-evaluation of technology's role and prompting essential institutional reforms, ultimately leading to a more equitable distribution of its benefits.
U.S. Stock Futures Surge Amid Tech Sector Rally and U.S.-Iran Hostility Agreement
In a significant turn of events, U.S. stock futures saw a notable increase as technology shares experienced a robust rally. Additionally, the recent agreement between the U.S. and Iran to halt hostilities has contributed to positive market sentiment.
British American Tobacco to slash 9,000 jobs as it turns to AI
Dunhill maker to cut about a fifth of workforce, aiming to reduce costs and become more ‘technology enabled’Business live – latest updatesBritish American Tobacco (BAT) will cut about a fifth of its 47,000-strong workforce this year, as the cigarette-maker looks for ways to push down costs and become more “technology enabled”.BAT, which is one of the biggest tobacco groups in the world, has announced it will cut 5,500 jobs by the end of the year and outsource a further 3,500, affecting a total...
Brits Might Be Sitting on Hidden Gold: Check Your Drawers for Old Mobile Phones Worth £500,000
A recent call to action in the UK has citizens rummaging through their drawers as experts reveal that unused mobile handsets could collectively be worth £500,000. As technology advances, older devices may hold unexpected value due to their rarity and collectible nature.
Spotlight falls on Ocado boss Tim Steiner’s £100m in payouts
Reports claim replacement being lined up for co-founder amid concern over high pay and company’s struggling share priceThe boss of Ocado has collected nearly £100m since the online grocery company floated on the stock market in 2010, despite its share price now languishing below its flotation level, analysis has shown.Tim Steiner, a former Goldman Sachs trader who co-founded the British technology company in 2000, is thought to be in discussions over his future after it emerged Ocado had approac...
Trump threatens 100% tariff on European nations over tech tax
Trump threatens 100% tariff on European nations over tech taxImage source, Getty ImagesImage caption, US President Donald Trump speaks during an event in the Oval Office of the White House on June 22, 2026 in Washington, DC.ByFrancisco VelasquezBusiness reporterPublished11 minutes agoUS president Donald Trump has vowed to impose a 100% import tariff on any European country that introduces a digital services tax on American technology giants. Writing on Truth Social, Trump said "Numerous European...
Tech Stocks Surge as Micron Reports Strong Earnings, Reviving Market Confidence
The U.S. stock market experienced a significant rebound today, driven largely by Micron Technology's impressive earnings report. Investors showed renewed optimism in the tech sector, marking a pivotal moment for the market's recovery.
How 'China Opportunity 2.0' offers potential for global growth
For enterprises worldwide, "China Opportunity 2.0" represents comprehensive innovation-driven empowerment and high-return investment prospects, Chinese Premier Li Qiang said on Wednesday.Li stressed the point after he said he had noticed that some have expressed anxiety over China's advances in technology and industrial innovation, even promoting the narrative of a so-called "China Shock 2.0" that frames China's development as a shock to the global economy."For global development, 'China Opportu...
From Dishwasher to $100 Billion: The Incredible Rise of Jensen Huang and NVIDIA
Jensen Huang’s journey from washing dishes in a Chinese restaurant to leading NVIDIA, a trillion-dollar tech giant, is a testament to vision, resilience, and relentless ambition. Discover how a kid with a dream transformed the face of technology and built a $100 billion fortune in the process.
Ten years on, Brexit's economic impact is becoming clearer
Ten years on, Brexit's economic impact is becoming clearerPublished1 minute agoByFaisal IslamEconomics editorNot long after the UK left the EU in 2020, a Bristol-based firm called Eskimo started selling a new kind of high-fashion and energy-efficient electric radiator, based on new technology developed by academics in the city.They planned to send them around Europe using the Channel Tunnel.It was a timely product given Europe's green ambitions, and with orders flowing, its Birmingham factory wa...
Infosys sees $300-400billion AI opportunity by 2030
BENGALURU: Infosys sees a $300-$400 billion opportunity in AI-led services by 2030 and believes the technology will amplify, rather than diminish, the role of IT services companies, chairman Nandan Nilekani said on Tuesday.
Tech stocks tumble on concerns over AI spending
Tech stocks tumble on concerns over AI spendingImage source, Getty ImagesImage caption, Traders work after a Federal Open Market Committee (FOMC) meeting on the floor of the New York Stock Exchange (NYSE) in New York, US, on Wednesday, June 17, 2026.ByFrancisco VelasquezBusiness reporterPublished1 minute agoFinancial markets received a sharp wake-up call on Tuesday following a sudden wave of selling in major technology shares, triggering widespread doubt over the sustainability of the AI boom. T...
SEBI's new ease-of-business push: What may change for stock exchanges, brokers
SEBI is embarking on a substantial reform of stock market regulations designed to simplify operational procedures and alleviate compliance burdens. This review focuses on consolidating rules, minimizing redundancies, and reallocating responsibilities among market infrastructure institutions. Major proposals encompass the creation of a unified master circular for exchanges, updated technology frameworks, and refined reporting processes, ultimately aiming to improve the ease of doing business for...
Tech giant Oracle cuts 21,000 jobs as it embraces AI
Tech giant Oracle cuts 21,000 jobs as it embraces AIImage source, Getty ImagesImage caption, Oracle co-founder Larry EllisonByOsmond ChiaBusiness reporterPublished23 June 2026, 02:51 BSTUpdated 6 hours agoOracle shed about 21,000 roles globally in the last year as the US technology giant reshapes its business around artificial intelligence (AI), the firm's latest annual report shows.The software and cloud computing firm says it had around 141,000 full-time employees as of 31 May 2026, down from...
Tech giant Oracle sheds 21,000 jobs in a year as AI replaces some roles
Tech giant Oracle sheds 21,000 jobs in a year as AI replaces some roles6 minutes agoShareSaveAdd as preferred on GoogleOsmond ChiaBusiness reporterGetty ImagesOracle co-founder Larry EllisonUS technology giant Oracle shed about 21,000 roles globally in the last year as it reshapes its business around artificial intelligence (AI), its latest annual report shows.The software and cloud computing firm says it had around 141,000 full-time employees as of 31 May 2026, down from about 162,000 workers a...
From Dishwasher to Tech Titan: How Jensen Huang Built a $100 Billion NVIDIA Empire
Jensen Huang's journey from washing dishes in a Chinese restaurant to becoming a tech billionaire is nothing short of extraordinary. His relentless vision and innovation have propelled NVIDIA to a market valuation of over $100 billion, reshaping the world of technology.
UK taxpayers want higher levies on big tech companies, survey shows
Two-thirds of respondents support increasing the 2% digital services tax for multinationalsTaxpayers want the UK to increase levies on giant global technology companies such as Facebook owner Meta, Google and Amazon, a survey of Britons’ attitudes on corporate taxes suggests.The polling released on Monday by the Fair Tax Foundation – abody providing businesses with certification around responsible tax conduct – found that 67% of respondents believe that the government should charge higher digita...
PwC's global chairman Mohamed Kande doesn’t believe companies adopting AI are laying off
PwC global chairman Mohamed Kande says companies adopting AI are hiring more workers, not fewer, telling CNBC's Squawk Box at VivaTech that embracing the technology demands bigger teams. He argues AI hands employees "superpowers," making soft skills like judgment and EQ vital. But PwC's 2026 Jobs Barometer reveals a catch: entry-level roles are flatlining and being "seniorised", squeezing young workers out of the AI-driven labour market.