TazaPulse

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Zuckerberg says ‘success isn’t a given’ in memo

TazaPulseMay 21, 2026

Meta CEO Mark Zuckerberg at a dinner with tech leaders in the State Dining Room of the White House in Washington, Sept. 4, 2025. Will Oliver | Bloomberg | Getty Images Meta CEO Mark Zuckerberg told employees in a memo Wednesday that the company’s decision to lay off 8,000 employees is necessary because “success isn’t...

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Bezos defends billionaires, hypes AI, praises Trump on CNBC

TazaPulseMay 21, 2026

Ultrabillionaire Jeff Bezos on Wednesday hyped artificial intelligence, blamed government meddling for economic woes and broadly defended himself and his mega-rich peers in an exclusive interview with CNBC. But the Amazon and Blue Origin founder, in a wide-ranging interview with Andrew Ross Sorkin, initially struck a populist tone, at times sounding more like some progressive...

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Jeff Bezos says ‘no truth’ to ‘buy borrow die’ tax strategy

TazaPulseMay 21, 2026

Amazon executive chairman Jeff Bezos said a controversial tax strategy used by the wealthy to borrow against assets to lower their income taxes is largely a “myth.” “There’s no truth to this ‘buy, borrow, die’ thing,” Bezos told CNBC’s Andrew Ross Sorkin Wednesday in a wide-ranging interview. “I don’t even know where this comes from.” The “buy,...

Omar govt orders inquiry into demolition drive in Jammu to free forest land of illegal occupation | India News

TazaPulseMay 21, 2026

SRINAGAR/JAMMU: The Omar Abdullah govt Wednesday constituted a two-member committee to investigate the demolitions carried out in Jammu’s Sidhra area a day earlier to free forest land of alleged encroachments.According to an order issued by the tribal affairs department, the committee will examine if there was any violation of Forest Rights Act-2006 in the demolition...

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Fed officials see rate hike ahead if inflation stays elevated, minutes show

TazaPulseMay 21, 2026

U.S. Federal Reserve Chair Jerome Powell attends a press conference in Washington, D.C., the United States, on April 29, 2026. Li Rui | Xinhua News Agency | Getty Images A majority of Federal Reserve officials at their most recent meeting anticipated that interest rate increases would be necessary if the Iran war continued to aggravate...

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Nvidia (NVDA) Q1 2027 earnings report: Live updates

TazaPulseMay 20, 2026

Margins show pricing power Nvidia’s revenue explosion in recent years has been mirrored by an expanding profit margin, underscoring the company’s pricing power, supply chain efficiency and an increase of software in the mix. From a gross margin in the mid-60s five years ago, Nvidia has lifted that number into the mid-70s today, and it’s...

Cheap AI could derail OpenAI and Anthropic’s IPOs

TazaPulseMay 20, 2026

This earnings season, the cost of AI started showing up in the numbers. Meta, Shopify, Spotify, and Pinterest all flagged rising AI and inference costs as a drag on margins. Shopify said economies of scale were “partially offset by increased LLM costs.” This is the bill coming due for the pricing model that underpins OpenAI’s...

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Lowe’s (LOW) Q1 2026 earnings

TazaPulseMay 20, 2026

Lowe’s on Wednesday reported quarterly results that beat expectations on the top and bottom lines and reaffirmed its full-year outlook. Revenue jumped about 10% compared with the previous year. Comparable sales increased 0.6% for the quarter, driven by what Lowe’s said was its spring execution and a 15.5% growth in online sales. “Roughly 60% to...

No Ebola cases reported in India yet; government ramps up surveillance after WHO alert | India News

TazaPulseMay 20, 2026

The government on Wednesday said that no cases of Ebola have been reported in the country so far, according to sources cited by ANI.The ministry of health and family welfare said that no case of Ebola has been detected in India so far, while adding that surveillance and preparedness measures have been strengthened nationwide following...

Bajaj General Insurance rolls out riders to lock premiums, expand health cover scope

TazaPulseMay 20, 2026

Mumbai: Bajaj General Insurance has launched health insurance riders that enable buyers to widen the scope of their basic health plan. The `Age shield’ rider enables buyers of health insurance to ensure that the premium escalation with age will not happen unless there is a claim. The policy is aimed at addressing the complaint of...