Tech Giants Cut Jobs and Boost AI Hiring in Permanent Workforce Shift

IBM Shares Plunge Over 25% as AI Spending Shifts Away from Traditional Software

IBM's stock experienced a sharp decline of more than 25%, rattling investors and markets. The company issued a softer-than-expected business outlook, signaling potential revenue headwinds ahead. Businesses are increasingly redirecting their technology budgets toward artificial intelligence infrastructure, including servers, storage, and memory systems. This shift in spending priorities is coming at the expense of conventional software products, which form a core part of IBM's portfolio. The trend reflects a broader industry realignment as enterprises prioritize AI-driven investments over legacy technology solutions.

Indian-American NASA Astronaut Anil Menon Launches to ISS on Soyuz MS-29

Indian-American NASA astronaut Anil Menon has successfully launched to the International Space Station aboard Russia's Soyuz MS-29 spacecraft. The mission lifted off from Kazakhstan, marking Menon's first-ever spaceflight. He is set to spend approximately eight months on the orbiting laboratory conducting scientific research. Menon will work alongside other international astronauts already stationed aboard the ISS.

Passport regulates departure, not proof of citizenship: Centre

Army Soldier and Father Shot Dead by Cousin in Bihar Over Land Dispute

An Army soldier named Jitendra Kumar and his father were killed by their cousin in Bihar following a dispute over a banana tree on their shared property. Kumar was stationed in Delhi and had recently returned home to attend a relative's funeral after a death caused by electrocution. The altercation over the banana tree escalated fatally, resulting in both Kumar and his father being murdered by the cousin. Police have launched an investigation into the double homicide and are pursuing the accused.