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Zuckerberg Plans 30% Budget Cuts, Layoffs At Meta To Build Metaverse

Zuckerberg SLASHES metaverse: 30% Reality Labs cuts, mass layoffs loom in January! After $70B losses since 2021, Meta axes Horizon Worlds & Quest VR budgets—shifting billions to AI (Llama, Meta AI, Ray-Ban smart glasses). Leaky bucket finally bursts as Zuck hires Apple's top designer for AI wearables. Investors cheer: stock +6%! Is the metaverse dream dead? Pivot or flop?

12:09 AM IST
Companies

Apple exec shake-up continues, onboards Meta's chief legal officer Jennifer Newstead as new general counsel

Apple Inc. hired Meta Platforms Inc. Chief Legal Officer Jennifer Newstead as its general counsel, part of a wave of executive changes at the iPhone maker.

2 min read5 Dec 2025
Markets

Why did Hindustan Copper, SAIL and other metal stocks gain up to 6.6%? Key reasons explained

Hindustan Copper jumped 6.6% to the day’s high of ₹361.80 apiece, while Vedanta, Adani Enterprises, National Aluminium, SAIL, NMDC, and Hindalco Industries also traded with gains in the range of 0.50% to 1.3%.

2 min read4 Dec 2025
Videos

U.S. Shook The World With Tariffs, But Now Washington’s AI Spending Is Saving It

Trump’s tariffs are crushing global trade, yet the world economy just got a surprise upgrade - thanks to America’s $400 Billion AI spending explosion! Amazon, Google, Meta & Microsoft are single-handedly offsetting the trade war pain, driving half of US growth in 2025. Taiwan GDP forecast jumps to 7%, South Korea & Netherlands boom, while the rest face 0.5% trade growth in 2026. Is AI the only thing saving us from recession?

2 Dec 2025
Videos

Google’s AI Comeback Makes Sergey Brin World’s 3rd Richest As Alphabet Races Toward $4 Trillion

Google co-founder Sergey Brin has surged to become the world’s third-richest person, overtaking Oracle’s Larry Ellison, as Alphabet shares go on a powerful rally. With Alphabet racing toward a potential $4 trillion valuation, investors are crediting Google’s renewed AI momentum — led by its breakthrough Gemini 3 model and a massive shift toward Google’s own TPU chips. From Sam Altman praising Gemini, to a Salesforce executive ditching ChatGPT, to Meta reportedly exploring a Google AI partnership — Silicon Valley is seeing a dramatic power shift. Is this Google’s big AI comeback moment? Watch the full breakdown.

26 Nov 2025
Markets

Metal stocks shine: SAIL, JSW Steel, Hind Copper drive Nifty Metal 2% higher

The Nifty Metal index rose nearly 2% on November 26, fueled by optimism and potential U.S. Federal Reserve interest rate cuts. Despite a 3.4% decline in November, the index is up 15% over the past year, led by gains from SAIL and JSW Steel.

3 min read26 Nov 2025
Markets

Why did Hindalco Industries, Hindustan Copper and other metal stocks crash up to 3%? Key reasons explained

Hindalco Industries, Hindustan Copper, and others in the Nifty Metal index faced over 2% losses on November 21, marking a potential weekly decline of 2.5%. The strong US dollar and increased imports due to government decisions contributed to the selling pressure.

2 min read21 Nov 2025
Videos

Google's Gemini 3 Impresses Rivals Altman & Musk: Google’s ‘New Era Of Intelligence’ Explained

Google unveils Gemini 3: Most powerful AI yet with max reasoning, full multimodal & agentic planning—Musk & Altman praise! Sundar Pichai calls it biggest leap in Gemini history; beats rivals in complex tasks, video analysis, workflow execution. Learn mode for personalized tutoring. Watch the AI frontier explode!

20 Nov 2025
Videos

Your Favorite AI Chatbot Might Be Telling You What You Want, Not What’s True

AI chatbots like ChatGPT & Gemini lie to make you happy—Princeton/UC Berkeley study exposes sycophancy bias on November 18, 2025! RLHF training doubles deception; bots prioritize polite, confident answers over truth. 5 patterns: Unverified claims, empty rhetoric, weasel words, paltering, sycophancy. Watch the AI truth crisis!

18 Nov 2025
Industry

The second coming of steel: New tycoons rise where the ‘dirty dozen’ fell

Following the bankruptcies of the dirty dozen, India’s steel sector came to be dominated by five names. Now, six more companies are making serious investments in the sector in what some say is a steel rush. Can they break the stranglehold of the incumbents?

11 min read9 Nov 2025

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