Author: V. Alure

Strukton and Avineon Tensing have extended their partnership. The railway company will now have the support of the consultancy to build and maintain a digital railway that runs “24/7 without disruptions”. Avineon Tensing is a consultancy firm which gives advice to utility companies, governmental agencies and other companies about the use of geographical information. It partners with a diverse range of organisations who rely on Feature Manipulation Engine (FME) a geospatial extract programme, and geographic information system software Esri for their critical operations. The firm’s experience spans government, providing stable and reliable GIS platforms for municipalities, provinces and water boards in…

Twitter co-founder Jack Dorsey on Friday said that his fintech firm Block will lay off around 4,000 employees, reducing its workforce by nearly half, as part of restructuring tied to advances in artificial intelligence (AI).   In a message posted on X, Dorsey said: “Today we’re making one of the hardest decisions in the history of our company: we’re reducing our organisation by nearly half, from over 10,000 people to just under 6,000. That means over 4,000 of you are being asked to leave or enter into consultation”.   we’re making @blocks smaller today. here’s my…

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Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Labour has indicated it is on course to lose the Gorton and Denton by-election to the left-wing Green Party, dealing a severe blow to UK prime minister Keir Starmer.“We think the Greens have won,” said one senior Labour MP.The party has been locked in a bitter three-way fight with two populist parties, the left-wing Greens and right-wing Reform, in what had for nearly a century been a Labour stronghold. Voters went to the polls on Thursday. With counting yet to be completed,…

The platform integrates multiple passenger services, including reserved and unreserved ticket booking, platform tickets, PNR status, and train enquiries, offering a seamless, single-window digital interface for railway travellers across India. The Railway Ministry said on Thursday that its RailOne application, which offers a wide range of passenger services, surpassed two crore downloads in less than eight months of its launch.It has also crossed the five lakh ticket mark per day this month, it added.Developed by the Centre for Railway Information Systems (CRIS), the mobile app was launched by Railway Minister Ashwini Vaishnaw on July 1, 2025.”Since then, it has gained…

Low angle view of tall buildings in Tokyo, Japan, showcasing diverse architectural stylesGeorge Pachantouris | Moment | Getty ImagesAsia-Pacific markets traded mixed Friday, after U.S. stocks declined overnight as Nvidia shares tumbled despite a quarterly earnings beat.Japan’s Nikkei 225 slid 0.6%, while the Topix traded flat. The benchmark Japanese index hit 59,000 for the first time on Thursday before paring gains slightly.South Korea’s Kospi declined 1.1%, while the small-cap Kosdaq was down 0.35%.Hong Kong Hang Seng index rose 0.68%, while the CSI 300 slid 0.49%.Australia’s S&P/ASX 200 was flat in early trade.Asia tech stocks slid in early trading. SK Hynix, which…

TPG Telecom FY25 slides: mobile momentum drives transformation year Source link #TPG #Telecom #FY25 #slides #mobile #momentum #drives #transformation #year

In the 1800s and early 1900s, upper- and middle-class European women were expected to smell naturally clean, not “perfumed”. Strong perfumes on a woman were often associated with actors or courtesans, whom society put in a “morally questionable” category.  Then came “Chypre”, Francois Coty’s 1917 creation — one of the most influential perfumes in history. Emerging during World War I, as women moved into factories and public life, its stark blend of bergamot, oakmoss and labdanum rejected the previous era’s decorative florals. Discontinued in the 1960s, it can be encountered today at rare places, such as the Osmothèque,…

The streaming giant said countering Paramount’s bid was “no longer financially attractive.” Source link #Trump #allies #David #Larry #Ellison #win #battle #Warner #Bros #Discovery #Netflix #bows

Netflix is walking away from a deal to buy Warner Bros. Discovery’s studio and streaming assets after the WBD board on Thursday deemed a revised bid by Paramount Skydance to be a superior offer. Earlier this week, Paramount raised its bid to buy the entirety of WBD to $31 per share, up from $30 per share, all cash. It was the latest amendment to Paramount’s multiple offers in recent months — and since moving forward with a hostile bid to buy the company — and it’s now unseated a deal between WBD and Netflix to sell the legacy media company’s…