Micheal Burry, America’s biggest investor who also predicted the housing crash of 2008, has no position in SpaceX, despite reviewing several bearish options trades tied to the company. According to a report by CNBC, in a latest Substack post, Burry explained that put options against SpaceX were too expensive, even as he questioned the company’s…
Amazon’s senior vice president Peter DeSantis told CNBC that the company hopes to compete with frontier AI labs OpenAI and Anthropic ‘in the coming year’, acknowledging that AI models of Amazon have not yet reached the very forefront of the most demanding workloads. “We’ve been taking a very deliberate approach to get our foundations right,…
U.S. Ambassador to India Sergio Gor meets Union Home Minister Amit Shah NEW DELHI: US Ambassador to India Sergio Gor called on Union Home Minister Amit Shah on Thursday and held discussions on combating terror, drugs and border security.In a post on X, Gor said, “Had an excellent meeting with Honorable Home Minister @AmitShah.”“We had…
UK on Sunday had intercepted a Russian shadow fleet vessel A retired British couple caught in a tense encounter with a Russian warship in the English Channel have strongly dismissed claims that they endangered the vessel, insisting they “followed all the rules” before warning shots were fired nearby.Jane Kelvey, 68, and her husband Alan, 70,…
NEW DELHI: The district consumer commission, Aligarh, has ordered the manufacturer and a local cigarette retailer to jointly deposit Rs 10 lakh in the consumer welfare fund after a customer complained that he was charged Rs 20 more than the printed price on a packet of Classic brand cigarettes.What was the issueThe complainant told the…
ENG vs NZ Day 2 LIVE: New Zealand will begin Day 2 of the second Test at The Oval in a strong position on 291/7, with Glenn Phillips and Kyle Jamieson tasked with extending the innings against an inexperienced England attack and pushing the total beyond the 350-run mark. After interim captain Joe Root elected…
Tamil Nadu Governor Rajendra Vishwanath Arlekar (Image/ANI) NEW DELHI: Tamil Nadu Governor Rajendra Vishwanath Arlekar on Thursday said that the state will continue to follow the two-language policy and will urge the centre to reconsider the three-language formula, while also pushing for wider use of Tamil in official and judicial communication. Addressing the state assembly…
Accenture has revised its salary increase structure for the June compensation cycle. This latest revision of the company will impact its global workforce of more than 780,000 employees. According to an internal memo reviewed by the Times of India, employees will now receive 50% of their approved salary hike as a one-time lump-sum payout in…
Photo credit: PTI, gagan.shux/Instagram Shubhanshu Shukla, India’s first astronaut to visit the International Space Station (ISS), has marked 20 years since his commissioning into the Indian Air Force (IAF). In a reflective post on social media, he looked back on his journey in uniform, describing it as ‘a life well-lived.’Group captain Shukla wrote in the…
The Centre is considering introducing a ‘durability certificate’ for buildings amid growing concerns over unsafe construction and structural safety. Union housing and urban affairs minister Manohar Lal on Thursday said that the proposal comes after recent instances where courts ordered the demolition of buildings found to be unsafe and unfit for occupation.He also urged builders…