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Business

Health Insurance Premiums Skyrocket to Rs 1 Lakh Crore in FY25 Amid Rising Costs

Health insurance premiums in India have surged past Rs 1 lakh crore in FY25, marking a 10% increase from the previous year. Individual health insurance leads the growth at 13.5%, w...

Business

Amazon's Breakthrough: Introducing the Revolutionary Ocelot Quantum Computing Chip

Amazon Web Services has announced the Ocelot quantum computing chip, significantly reducing quantum error correction costs by up to 90% and potentially accelerating the development...

Business

Warner Bros. Discovery Faces a 2% Revenue Dip in Q4, Missing Analyst Expectations

Warner Bros. Discovery Inc. reported a 2% decrease in Q4 revenue for fiscal 2024, totaling $10.02 billion, missing analyst estimates. The company faced a net loss of $494 million b...

Business

Walgreens Faces a Potential Three-Way Split in Landmark Buyout Deal

Walgreens Boots Alliance Inc. may undergo a significant transformation with a potential buyout by Sycamore Partners, leading to a strategic split into three main businesses: Walgre...

Business

Stripe Soars to a $91.5 Billion Valuation, Eyes Future Profitability

Stripe Inc. announces a $91.5 billion valuation through a secondary stock offer, alongside plans to repurchase shares. The company reported a $1.4 trillion payment volume in 2024, ...

Business

Elon Musk Announces Starlink's Emergency Deployment to Safeguard Air Traffic Control

Elon Musk announces Starlink's emergency deployment to restore air traffic control connectivity at no taxpayer cost, as the FAA considers replacing Verizon's failing system to ensu...

Business

Tesla Aims to Revolutionize Mobility with Self-Driving Taxi Service in California

Tesla is taking a significant step towards launching a self-driving taxi service in California by applying for a transportation charter-party carrier license. This move could posit...

Business

OpenAI Unveils GPT-4.5: The Future of AI Chat Models with Enhanced Accuracy and Reliability

OpenAI has launched GPT-4.5, its most advanced AI model yet, featuring significant improvements in factual accuracy and a reduction in hallucinations, making it the company's most ...