OpenAI, has modified the governance structure of its venture capital fund supporting AI startups. A filing with the US Securities and Exchange Commission (SEC) revealed that Sam Altman, the CEO of OpenAI, no longer owns or controls the fund, as reported by Reuters.

OpenAI revokes Sam Altman's control over startup fund

Indian ed-tech company, Byju's has once again informed its employees about a delay in salary disbursement. Byju's management attributed the delay to an interim order obtained by "a few misguided foreign investors" in late February.

Byju's faces salary delays, blames ‘misguided foreign investors’

United Parcel Service (UPS) has been announced as the new primary air cargo provider for the United States Postal Service (USPS), replacing long-time partner FedEx.

UPS secures major contract, replacing FedEx as USPS’s primary air cargo provider

Vistara, one of India's major airlines, continues to struggle with a major pilot shortage, leading to the cancellation of at least 38 flights today from major cities across the country.

Vistara’s pilot shortage deepens with several flights affected across India

Former US President Donald Trump's media venture, Trump Media & Technology Group, saw its value plummet by $4 billion within a week of its public debut on the Nasdaq Composite Index.

Trump's Truth Social faces $4 billion plunge in value as losses mount

The maritime industry is facing renewed challenges as Somali pirates return to the seas, adding to the existing global shipping crisis. As reported by Reuters, the recent incident involving a Bangladeshi-owned bulk carrier, the Abdullah, highlights the escalating threat.

Somali pirates return, amplifying global shipping concerns: Report

The gig economy, characterised by short-term, project-based work, is undergoing a significant transformation due to the integration of artificial intelligence (AI).

AI and the Gig Economy: A transformative relationship with upskilling opportunities

Airbus has emerged victorious against its US rival, Boeing, securing substantial orders for 65 jets from two key Asian customers. This development comes at a challenging juncture for Boeing, which is currently grappling with a complex manufacturing crisis following a mid-flight panel blowout incident involving a 737 MAX 9 jet.

Airbus secures major jet orders from Asian airlines amid Boeing's manufacturing woes

The US Department of Justice, along with 15 states, has filed a lawsuit against Apple, accusing the tech giant of monopolising the smartphone market and driving up prices.

US government and 15 states sue Apple for alleged smartphone market monopoly

In a move to counter skyrocketing inflation, Turkey's central bank has hiked its key interest rate to an unprecedented 50 per cent. According to a report by AP News, this unexpected decision aims to combat the severe economic challenges faced by households grappling with soaring prices for essential goods and services.

Turkish central bank jumps interest rates to 50 pc amid surging inflation

The International Monetary Fund (IMF) has given the green signal for an $880 million disbursement to Ukraine, offering a critical financial lifeline to the country, Bloomberg News reported.

IMF approves $880 million aid to Ukraine as US support remains in limbo

India's tech industry, a jewel of the nation's economic rise, is flickering with a hidden illness. A recent study by Onsurity, a leading employee healthcare platform, in collaboration with the Knowledge Chamber of Commerce and Industry (KCCI), exposes a troubling reality.

Is Indian tech talent burning out? Here’s what’s wrecking employee health

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Shashwat Sankranti

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