The seemingly daily disruption of business models by advances in artificial intelligence continued Monday, sending stock market averages and crypto prices sharply lower. Today’s victim (in addition to the usual ones) was IBM, after Anthropic said Claude code can automate COBOL modernization. “COBOL [Common Business-Oriented Language] is everywhere,” said Anthropic. “It handles an estimated 95%…
NEW DELHI: Bangladesh is receiving a fresh consignment of 7,000 tonnes of diesel through a pipeline from India’s Numaligarh refinery, with energy minister Iqbal Hasan Mahmud Tuku Monday telling Parliament that fuel hoarding — not a supply shortage amid the West Asia crisis — is the bigger concern.The fuel began arriving through the India-Bangladesh Friendship…
Recent speculation suggests that the Venezuelan regime could hold a secret stash of bitcoin, potentially valued at upwards of $60 billion. But the claim appears to be rooted in conjecture and secondhand reporting, lacking credible onchain evidence tying those funds to state-controlled wallets. As a born and raised Venezuelan who mined bitcoin in the country…
Praveen Khandelwal (ANI image) NEW DELHI: BJP MP Praveen Khandelwal on Wednesday wrote to Union home minister Amit Shah requesting that the national capital, Delhi, be renamed Indraprastha, following the Centre’s recent approval to rename Kerala as “Keralam.”In his letter, Khandelwal argued that the name Delhi reflects only a later historical phase, whereas Indraprastha connects…
Crypto’s $193 million campaign-finance force, the Fairshake political action committee, is launching into congressional midterm season with a massive $5 million injection into the Republican primary campaign of Barry Moore, a U.S. congressman now running for Senate. One of Fairshake’s affiliates, Defend American Jobs, is committing that spending to support Moore, even though the general…
TOI correspondent from London: The judges who ruled against fugitive jeweller Nirav Modi’s attempt to reopen his appeal against extradition said their judgment “presents a worrying picture of the use of proscribed treatment to obtain confessions, which was characterised as ‘commonplace and endemic’”.Lord Justice Stuart-Smith and Justice Jay said in their order: “Were it not…
NEW DELHI: A day before polling in Assam, Congress candidate for the Udalguri seat, Suren Daimari, on Wednesday announced he has quit the party and “surrendered” his candidature. The Congress, however, said that he was yet to submit his resignation letter to the party.A senior election commission official, when contacted, said Daimari’s name will remain…
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NEW DELHI: In the middle of Laxmi Nagar market is a single room, easy to miss in the chaos, that holds a few chairs. Seated are young men and women from Delhi, UP and Haryana, busy polishing ‘Ikura desu ka’ and ‘tetsudatte kuremasu ka’, Japanese phrases that translate, respectively, to ‘how much is this’ and…
Crypto market sentiment remained in “extreme fear” on Friday, marking the 14th straight day that market sentiment has remained in the zone. The sentiment-tracking Crypto Fear & Greed Index fell three points to a score of 20 out of 100 on Dec. 26, hitting a two-week stretch of “extreme fear” that started on Dec. 13,…
