By TOI GLOBAL DESK
Google has agreed to a $135 million settlement in a US lawsuit alleging Android devices used mobile data in the background without user consent. The company denied wrongdoing. Millions of users may qualify for small payouts. The case highlights concerns about hidden data usage, user costs, and the need for better transparency in smartphone operations.
Google has agreed to a $135 million settlement in a US lawsuit alleging Android devices used mobile data in the background without user consent. The company denied wrongdoing. Millions of users may qualify for small payouts. The case highlights concerns about hidden data usage, user costs, and the need for better transparency in smartphone operations.
By TOI GLOBAL DESK
Oil prices surged after Donald Trump warned of possible military strikes against Iran, raising concerns about global supply. Disruptions in the Strait of Hormuz, a key oil route, have tightened supply. Markets remain volatile, and analysts warn that continued tensions could push crude prices above $110 per barrel in the coming weeks.
Oil prices surged after Donald Trump warned of possible military strikes against Iran, raising concerns about global supply. Disruptions in the Strait of Hormuz, a key oil route, have tightened supply. Markets remain volatile, and analysts warn that continued tensions could push crude prices above $110 per barrel in the coming weeks.
By TOI GLOBAL DESK
Gold and silver prices surged sharply today, adding $1.3 trillion to global market value. Gold rose above $4,550 per ounce, while silver crossed $71, outperforming gold due to strong industrial demand and market volatility. Investors are buying precious metals as safe havens amid rising US-Iran tensions, falling stock markets, and fears of inflation and higher energy costs.
Gold and silver prices surged sharply today, adding $1.3 trillion to global market value. Gold rose above $4,550 per ounce, while silver crossed $71, outperforming gold due to strong industrial demand and market volatility. Investors are buying precious metals as safe havens amid rising US-Iran tensions, falling stock markets, and fears of inflation and higher energy costs.
By TOI GLOBAL DESK
Big Tech stocks fell sharply as investors reacted to massive AI spending, slow adoption of tools like Microsoft’s Copilot, and mounting legal risks for Meta Platforms and Alphabet. Rising oil prices and geopolitical tensions added economic pressure. Microsoft, NVIDIA, Meta, Alphabet, and Tesla must show real profits and AI results, or volatility and selloffs may continue.
Big Tech stocks fell sharply as investors reacted to massive AI spending, slow adoption of tools like Microsoft’s Copilot, and mounting legal risks for Meta Platforms and Alphabet. Rising oil prices and geopolitical tensions added economic pressure. Microsoft, NVIDIA, Meta, Alphabet, and Tesla must show real profits and AI results, or volatility and selloffs may continue.
By TOI GLOBAL DESK
Gas prices in California have risen sharply, with the state average at $5.84 per gallon and one Los Angeles station charging nearly $9. The increase is driven by global oil supply disruptions linked to tensions near the Strait of Hormuz. Local factors like high taxes and limited refineries have made California more vulnerable to price spikes.
Gas prices in California have risen sharply, with the state average at $5.84 per gallon and one Los Angeles station charging nearly $9. The increase is driven by global oil supply disruptions linked to tensions near the Strait of Hormuz. Local factors like high taxes and limited refineries have made California more vulnerable to price spikes.
By TOI GLOBAL DESK
US stock markets declined sharply as the Dow Jones fell over 400 points and the Nasdaq entered correction territory. The fall was driven by rising oil prices, higher bond yields, and geopolitical tensions near the Strait of Hormuz. Weak consumer sentiment and inflation concerns further pressured equities, while commodities like gold and silver saw strong gains.
US stock markets declined sharply as the Dow Jones fell over 400 points and the Nasdaq entered correction territory. The fall was driven by rising oil prices, higher bond yields, and geopolitical tensions near the Strait of Hormuz. Weak consumer sentiment and inflation concerns further pressured equities, while commodities like gold and silver saw strong gains.
By TOI GLOBAL DESK
IBM is restructuring its workforce as it shifts focus to artificial intelligence and hybrid cloud. Led by Arvind Krishna, the company is cutting jobs in some areas while expanding hiring in AI and customer-focused roles, especially in the US, as part of its long-term strategy to improve efficiency and drive growth.
IBM is restructuring its workforce as it shifts focus to artificial intelligence and hybrid cloud. Led by Arvind Krishna, the company is cutting jobs in some areas while expanding hiring in AI and customer-focused roles, especially in the US, as part of its long-term strategy to improve efficiency and drive growth.
By TOI GLOBAL DESK
Meta has launched a major compensation plan that could grant top executives large stock rewards linked to its artificial intelligence growth targets. As Mark Zuckerberg aims for a $9 trillion valuation, the company is increasing AI spending, reducing jobs, and dealing with legal challenges over social media’s impact on users.
Meta has launched a major compensation plan that could grant top executives large stock rewards linked to its artificial intelligence growth targets. As Mark Zuckerberg aims for a $9 trillion valuation, the company is increasing AI spending, reducing jobs, and dealing with legal challenges over social media’s impact on users.
By TOI GLOBAL DESK
US stock markets rose on March 16, driven by gains in technology and AI-focused companies. Meta Platforms, Nvidia, Micron Technology, and Tesla led the rally, while global risks like high oil prices and Middle East tensions kept investors cautious. Market direction will depend on Federal Reserve policy, economic data, and geopolitical developments.
US stock markets rose on March 16, driven by gains in technology and AI-focused companies. Meta Platforms, Nvidia, Micron Technology, and Tesla led the rally, while global risks like high oil prices and Middle East tensions kept investors cautious. Market direction will depend on Federal Reserve policy, economic data, and geopolitical developments.
By TOI GLOBAL DESK
Global oil prices dropped sharply after last week’s rally as traders booked profits and market fears eased slightly. WTI crude fell below $95 per barrel while Brent slipped near $97. The earlier surge was driven by tensions around the Strait of Hormuz involving the US, Israel, and Iran, but markets cooled after remarks from President Donald Trump.
Global oil prices dropped sharply after last week’s rally as traders booked profits and market fears eased slightly. WTI crude fell below $95 per barrel while Brent slipped near $97. The earlier surge was driven by tensions around the Strait of Hormuz involving the US, Israel, and Iran, but markets cooled after remarks from President Donald Trump.