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IndiaNDTV ·

Oracle to Spend $700M on Job Cuts as AI Investments Strain Finances

Oracle has announced plans to spend approximately $700 million on job cuts as the company faces financial pressure linked to its heavy investments in artificial intelligence. The restructuring signals a significant workforce reduction aimed at managing costs amid rising AI-related expenditures. Alongside the layoff announcement, Oracle disclosed a new share trading plan for Chairman Larry Ellison, who holds around 40 percent of the company's stock. The plan, adopted on June 22, allows Ellison to sell up to 50 million shares through October 24. The dual announcements reflect the financial balancing act Oracle is navigating as it pivots aggressively toward AI infrastructure.

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IndiaTimes of India ·

Wasim Akram Questions Pakistan's Batting Talent Pipeline Amid England Test Struggles

Cricket legend Wasim Akram has raised alarm over Pakistan's failure to produce quality batting talent through its existing system. He questioned whether the Pakistan Super League, now a decade old, has meaningfully contributed to developing Test-ready batsmen. Akram called for the revival of club cricket and the introduction of long-term structural planning to address the crisis. He also took aim at the team's batting approach during their ongoing Test series against England. According to Akram, sustained domestic reforms and patience are key to turning Pakistan's batting fortunes around.

US deports Afghan woman after 'alien terrorist' trial over failed mass shooting · ShortSingh