Xi Jinping to Arrive at BRICS Summit in Delhi in Armoured Hongqi N701 Limo

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.

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.

‘Attempt to craft narrative’: Harish Rawat quits Congress posts after ED action on aide in exam case

Boult tips KL Rahul and Jaiswal as key India batters to watch in NZ Tests

Former New Zealand pacer Trent Boult has predicted a stern challenge for India in the upcoming Test series against New Zealand. Boult singled out KL Rahul and Yashasvi Jaiswal as the Indian batters most worth watching during the series. He pointed to cold conditions and green, seam-friendly pitches as factors that will make life difficult for the visiting side. India will need to contend with a New Zealand bowling attack renowned for its pace and swing in these conditions.