Microsoft AI CEO Mustafa Suleyman repeats his warning on AI technology Mark Zuckerberg is spending billions of dollars on, says: It is not going to be …

Microsoft’s AI chief Mustafa Suleyman is drawing a line in the sand as tech giants race to build superintelligent systems, declaring that raw capability must take a backseat to human control. “We can’t build superintelligence just for superintelligence’s sake,” Suleyman said, days after unveiling Microsoft’s new MAI Superintelligence Team. “It’s got to be for humanity’s … Read more

IKEA eyes India profitability in two years on revenue, footprint expansion

IKEA India saw its 2024-25 revenue grow on the back of strong demand for affordable furniture, robust online sales, and steady growth in its business-to-business segment. The Swedish furniture maker, which follows its parent Ingka Group’s September-August fiscal year, reported a 6% year-on-year rise in sales to ₹1,860.8 crore, said a company statement on Tuesday. … Read more

Shielding wealth: It’s a matter of trust for promoters

Business families and startup founders are increasingly turning to trust structures to hold their shares, driven by the need to safeguard wealth, enhance tax efficiency, guard assets from creditors and ease the handover of control. The trend is noticeable in most companies that have gone public in recent times, with first-time entrepreneurs transferring part of … Read more

Nvidia sees ‘very strong’ demand for Blackwell chips — here’s what CEO Jensen Huang said

Nvidia CEO Jensen Huang on Saturday said the chipmaker is experiencing “very strong demand” for its newest, state-of-the-art Blackwell chips, which are designed to power the current Artificial Intelligence boom. Huang also noted that this increasing demand for Blackwell chips is translating into a growing appetite for wafers from Taiwan Semiconductor Manufacturing Co. (TSMC), Nvidia’s … Read more

Visa and Mastercard near settlement with merchants, would lower fees

U.S. payment firms Visa and Mastercard are nearing a settlement with merchants by lowering fees stores pay and giving them more power to reject certain credit cards, the Wall Street Journal reported on Saturday (November 8, 2025), citing people familiar with matter. Visa and Mastercard would trim interchange fees, typically 2% to 2.5% per transaction, … Read more

Britannia hires a new CEO

Rakshit Hargave would be joining Britannia w.e.f December 15, 2025. He is joining from Birla Opus – one of the most touted and disruptive initiative of Birla group in the paint sector With a career spanning more than 3 decades, Rakshit has a varied and extensive experience previously with Nestle, Unilever, Dominos, Lakme and Beiersdorf … Read more

RCB ownership may change hands; USL initiates strategic review of the investment

United Spirits Ltd. (USL), the Indian arm of London-based Diageo, is initiating a strategic review of investment in its wholly owned subsidiary, Royal Challengers Sports Pvt. Ltd. (RCSPL), the company that owns the Royal Challengers Bengaluru (RCB), the firm said in a regulatory filing on Wednesday. Praveen Someshwar, Managing Director & CEO, USL said: “RCSPL has … Read more