Author: Arabian Media staff

Retailer Walmart Inc is sharpening its focus on speed and convenience as it aims to serve customers faster than ever before. Speaking at Goldman Sachs’ 32nd Annual Global Retailing Conference, Walmart President and Chief Executive Doug McMillon said the retailer is now rated by customers not just for price but also for convenience—an area where it has historically lagged.“Our ability to get to somebody’s house in less than 30 minutes here in the US, or in India and China, or even faster, is increasing as the months and quarters go by,” said McMillon, calling delivery speed a key driver of…

Battery recycling startups have welcomed the Cabinet’s approval to the Rs 1,500-crore incentive scheme to promote critical mineral recycling. The Union Cabinet on Wednesday approved the incentive scheme, as part of its National Critical Mineral Mission, to encourage and develop domestic recycling capacity to separate and produce critical minerals from secondary sources. The scheme, which will have a tenure of six years from FY26 to FY31, reserves one-third of the outlay to support small and new recyclers, including startups operating in this segment. This is expected to tackle India’s growing reliance on import of critical minerals amidst rising demand for…

India’s decision to scrap the 18% goods and services tax on life and health insurance premiums is being hailed as a watershed moment for financial protection, with insurers and digital platforms calling it a “monumental” reform that will make coverage meaningfully more affordable for millions. Executives from insurance startups and industry stakeholders said the move lowers barriers for first-time buyers and underserved families, though some industry voices warned the loss of input tax credits could temper the consumer gains.Sarbvir Singh, Joint Group CEO of PB Fintech, called the tax cut a “monumental decision.”“It sends a clear message that health and…

A computer science professor is warning that advanced AI could be developed within the next couple of years, leading to mass unemployment by 2030.On a recent episode of “The Diary of a CEO” podcast, University of Louisville Computer Science Professor Roman Yampolskiy warned that AI could cause “99%” of all workers to be unemployed by 2030. Yampolskiy said that artificial general intelligence systems (AGI) that are as capable as humans would likely be developed by 2027, leading to a labor market collapse three years later. He predicted that AI would provide “trillions of dollars” of “free labor,” giving employers a…

Mark Zuckerberg loves MMA so much that he’s rented out entire arenas, sparred on a barge, had major surgery to fix a fighting injury, won medals, and built a “backyard” octagon at his Ko’olau Ranch compound in Hawaii. And according to a new book by the former president of global affairs at Meta, Zuckerberg even asked some company leaders to get on the mat.”Mark’s commitment to MMA is so strong that he insisted one morning, during a management offsite, that some of his most senior executives join him for a training session,” wrote Nick Clegg in his soon-to-be-released book, How…

Japanese investment conglomerate SoftBank on Thursday said it has disposed of 9.5 crore equity shares of Ola Electric through its investment arm SVF II OSTRICH (DE) LLC. The stake sale happened through multiple open-market transactions between July 15 and September 2, according to documents filed with the stock exchanges. According to the filing, the September 2 disposal breached the 2% threshold mandated under SEBI’s regulations. The Masayoshi Son-led firm has diluted its stake in Ola Electric to 15.68% and currently holds 69.16 crore equity shares in the EV maker, down from 78.7 crore equity shares or a 17.83% stake earlier.…

Chinese AI startup DeepSeek is working on an artificial intelligence (AI) model featuring more sophisticated agent functions to rival the likes of OpenAI, according to a Bloomberg report.The startup is developing an AI model that can perform multi-step tasks on a user’s behalf with minimal input, the report said, quoting people familiar with the matter.The system is designed to adapt and get better through its past actions, the report noted, adding that DeepSeek founder, Liang Wenfeng, is pressing the team to launch the new software in the last quarter of this year.YourStory could not independently verify the development.In January, DeepSeek…

It pays to have AI skills — nearly $20,000 more per year on average.A recent study conducted by the job insight website LightCast analyzed over a billion job postings and found that employers are not only looking for workers with AI skills — they are also paying them more.”Job postings are increasingly emphasizing AI skills, and there are signals that employers are willing to pay premium salaries for them,” LightCast’s Head of Global Research Elena Magrini told CNBC. Related: Google Reportedly Told Its Staff to Use AI More or Risk Falling Behind: ‘It Seems Like a No-Brainer’The study found that…

Head Digital Works, the parent company of A23 that operates online rummy and poker games, is laying off 500 employees in the aftermath of the real money gaming ban. Storyboard 18 reported on the matter first. “At Head Digital, our people have been central to our growth and it was with careful consideration that we took the decision to let go of a significant part of our workforce. We will ensure that this transition is handled with responsibility, providing meaningful severance and support to those impacted, and we remain grateful for their contributions,” said Siddharth Sharma, CEO at Head Digital…

Opinions expressed by Entrepreneur contributors are their own. When we imagine power, we often think of prestigious titles, millions of followers or frequent media appearances. But in entrepreneurial practice, these are fragile assets: A single crisis can erase them in hours. The difference between those who survive and those who vanish? Reputation — an invisible form of capital that decides whether people will still follow you when the lights go out.Today, in the age of artificial intelligence and instant communication, reputation functions as a credibility algorithm. It’s not measured in views or likes, but in consistency, perceived authority and the…