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FINANCE

Nirmala Sitharaman to attend ADB’s annual meeting in Italy

AIMPWAMay 4, 2025

Nirmala Sitharaman, Union Finance Minister | Photo Credit: BIJOY GHOSH Finance Minister Nirmala Sitharaman will lead the Indian delegation of officials from the Department of Economic Affairs under Ministry of Finance, to attend the 58th Annual Meeting of the Board of Governors of Asian Development Bank (ADB), scheduled to take place in Milan, Italy, from...

A real-estate giant wants sellers to list their homes privately. Will homeowners benefit?

AIMPWAMay 4, 2025

Selling a home has been tough in a sluggish market, but now some real-estate agents want sellers to keep their for-sale listings private. Source link

Buffett passes the torch — here’s what Berkshire loyalists should know, from a longtime insider

AIMPWAMay 3, 2025

Buffett’s CEO successor Greg Abel may bring a change in style, greater collaboration. Source link

Warren Buffett to step down as Berkshire CEO at year-end

AIMPWAMay 3, 2025

Warren Buffett shocked investors and a global audience Saturday, saying that he intends to step down as CEO of Berkshire Hathaway Inc. at year-end and will ask the board to formally hand the reins to Greg Abel. Source link

FINANCE

Berkshire’s Geico sees turnaround after tech upgrades and job cuts

AIMPWAMay 3, 2025

At Berkshire Hathaway’s annual meeting, Vice Chairman Ajit Jain said the insurer is now “as good as anyone” in telematics but cautioned that it’s still too early to declare full success, noting continued progress is needed. Berkshire Hathaway’s Geico car insurance unit has made progress in upgrading its technology to better match rates with risk, Berkshire...

Here’s what I’ve learned after writing about Apple, Intel and Silicon Valley for over 30 years

AIMPWAMay 3, 2025

History repeats itself in Silicon Valley, a few wacky stories are worth remembering and AI is getting creepier every day. Source link

Big Tech showed it won’t back down on AI spending. Some on Wall Street are still wary.

AIMPWAMay 3, 2025

Some analysts expect AI spending to remain a priority even if overall IT budgets get stretched, but others are more skeptical. Source link

FINANCE

Indian Bank Q4 profit soars 32% to ₹2,956 crore

AIMPWAMay 3, 2025

Indian Bank reports 32% profit jump in Q4 2024-25, with improved asset quality and increased total income. | Photo Credit: REUTERS State-owned Indian Bank on Saturday reported a 32 per cent jump in net profit to ₹2,956 crore for the March quarter of 2024-25, helped by a decline in bad loans and a rise in...

FINANCE

SBI’s Q4FY25 net profit declines 10% to ₹18,643 cr on jump in total provisions

AIMPWAMay 3, 2025

CS Setty, SBI Chairman | Photo Credit: cueapi State Bank of India (SBI) reported a 10 per cent year-on-year (y-o-y) decline in standalone fourth quarter (Q4FY25) net profit at ₹18,643 crore, with the bottomline being weighed down by a jump in total provisions, including towards loan loss, standard assets, investment depreciation and other provisions. The...

Apple Shifts iPhone Production to India Amid Tariff Concerns

AIMPWAMay 3, 2025

New Delhi, May 3 (KNN) In a strategic move to mitigate the impact of escalating U.S.-China trade tensions, Apple CEO Tim Cook announced that the majority of iPhones sold in the United States will now be manufactured in India starting from the June quarter. This decision comes as Apple faces potential tariff costs of up to...

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Here are the 24 US AI startups that have raised $100M or more in 2025

AIMPWAJune 18, 2025

Last year was monumental for the AI industry in the U.S. and beyond. There were 49 startups that raised funding rounds worth $100 million or more in 2024, per our count at TechCrunch; three companies raised more than one “megaround,” and seven companies raised rounds $1 billion in size or larger. How will 2025 compare?...

Midjourney launches its first AI video generation model, V1

AIMPWAJune 18, 2025

Midjourney, one of the most popular AI image generation startups, announced on Wednesday the launch of its much-anticipated AI video generation model, V1. V1 is an image-to-video model, in which users can upload an image — or take an image generated by one of Midjourney’s other models — and V1 will produce a set of...

6-month-old, solo-owned vibe coder Base44 sells to Wix for $80M cash

AIMPWAJune 18, 2025

There’s a lot of talk in the startup world about how AI makes individuals so productive that it could give rise to a generation of “solo unicorns” — one-person companies worth over $1 billion. While an actual solo unicorn remains a mythical creature, Israeli developer Maor Shlomo provided compelling evidence Wednesday that the concept might...

Six-month-old, solo-owned vibe coder Base44 sells to Wix for $80M cash

AIMPWAJune 18, 2025

There’s a lot of talk in the startup world about how AI makes individuals so productive that it could give rise to a generation of “solo unicorns” – one-person companies worth over $1 billion. While an actual solo unicorn remains a mythical creature, Israeli developer Maor Shlomo provided compelling evidence Wednesday that the concept might...

Multiplier, founded by ex-Stripe exec, nabs $27.5M to fuel AI-powered accounting roll-ups

AIMPWAJune 18, 2025

In late 2022, Noah Pepper, a former Stripe business lead for the Asia Pacific region, founded Multiplier, a startup that aimed to sell software to tax accounts. But soon after ChatGPT was released, he realized that AI can change how professional service firms use technology. “I realized I was barking up the wrong tree by...

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Latest Posts

Nirmala Sitharaman to attend ADB’s annual meeting in Italy

A real-estate giant wants sellers to list their homes privately. Will homeowners benefit?

Buffett passes the torch — here’s what Berkshire loyalists should know, from a longtime insider

Warren Buffett to step down as Berkshire CEO at year-end

Berkshire’s Geico sees turnaround after tech upgrades and job cuts

Here’s what I’ve learned after writing about Apple, Intel and Silicon Valley for over 30 years

Big Tech showed it won’t back down on AI spending. Some on Wall Street are still wary.

Indian Bank Q4 profit soars 32% to ₹2,956 crore

SBI’s Q4FY25 net profit declines 10% to ₹18,643 cr on jump in total provisions

Apple Shifts iPhone Production to India Amid Tariff Concerns

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Here are the 24 US AI startups that have raised $100M or more in 2025

Midjourney launches its first AI video generation model, V1

6-month-old, solo-owned vibe coder Base44 sells to Wix for $80M cash

Six-month-old, solo-owned vibe coder Base44 sells to Wix for $80M cash

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Here are the 24 US AI startups that have raised $100M or more in 2025

Midjourney launches its first AI video generation model, V1

6-month-old, solo-owned vibe coder Base44 sells to Wix for $80M cash

Six-month-old, solo-owned vibe coder Base44 sells to Wix for $80M cash

Multiplier, founded by ex-Stripe exec, nabs $27.5M to fuel AI-powered accounting roll-ups

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Here are the 24 US AI startups that have raised $100M or more in 2025

Midjourney launches its first AI video generation model, V1

6-month-old, solo-owned vibe coder Base44 sells to Wix for $80M cash

Six-month-old, solo-owned vibe coder Base44 sells to Wix for $80M cash

Multiplier, founded by ex-Stripe exec, nabs $27.5M to fuel AI-powered accounting roll-ups

Multiplier, founded by ex-Stripe exec, nabs $27.5M to fuel AI-powered accounting roll-up