REPLACEMENT HIRING
He joined a fire department as a volunteer at 15, left Goldman Sachs to build a $225 million used fire truck marketplace targeting a $1 trillion market
Martin Hunt joined a volunteer fire department at 15, worked at Goldman Sachs and then left finance to build Garage, an AI-powered marketplace for used heavy equipment. Now 27, he has raised $41 million for the startup, which is valued at $225 million and aims to tap a $1 trillion market.
Pochettino in frame to replace Carrick as Manchester United manager amid growing speculation
Manchester United has opened talks with Mauricio Pochettino regarding the managerial position currently held by Michael Carrick. Carrick's management has faced scrutiny due to the club's poor start in the season. The team is currently in the relegation zone after a series of winless matches. A decision regarding Carrick’s future is expected to be made soon by the club's executives.
Anthropic launches Claude Whiteboards, Sheets and Data to expand AI-powered workplace tools
Anthropic has introduced Claude Whiteboards and Claude Sheets to enhance collaborative brainstorming and spreadsheet creation. Claude Data has also been launched to provide advanced data analysis capabilities for businesses. These tools aim to streamline teamwork by keeping all activities within the Claude platform. Users can expect integrations with various third-party applications to enhance their workflows. The company envisions Claude as a comprehensive tool for collaborative workplace productivity.
Manchester United dysfunction leaves Carrick waiting to learn his fate
Michael Carrick’s future as Manchester United manager is hanging in the balance after the club’s troubled start to the season left them in the Premier League relegation zone. Carrick was expected to be dismissed but remained in charge after Tuesday’s training session, with his fate set to be decided by co-owner Jim Ratcliffe, CEO Omar Berrada and football director Jason Wilcox at a meeting in Monaco. The uncertainty reflects a recurring pattern at Old Trafford, where managerial decisions have repeatedly been delayed or reversed. Erik ten Hag, Ruben Amorim and Dan Ashworth all endured turbulent spells amid disagreements and shifting plans.
What 60 Years of Data Reveals About How Men and Women Experience Leadership
In 1965, Harvard Business Review surveyed 2,000 male and female executives to track perceptions of women in leadership. Since then, researchers have replicated that study every twenty years to gauge shifting attitudes toward women in top posts. In this latest installment, which includes responses from 193 senior U.S. executives, supported by in‑depth interviews and several new questions, researchers have found some troubling backsliding: Men and women now diverge sharply on whether women are judged more harshly, held to higher standards, and advance through genuinely meritocratic systems. The findings point not to overt hostility but to “underground bias”: informal sponsorship, subjective performance criteria, and unequal access to P&L roles. The researchers argue that organizations possess the tools to fix these gaps but have not yet summoned the will.
Investors in other markets would be envious of India multiples: Rich Handler, chief executive of Jefferies
Jefferies CEO Rich Handler believes Indian equities remain reasonably valued despite the market correction and says easing long-term capital gains taxes could attract foreign investors. He sees opportunities in India's AI and data centre sectors, argues that global capital outflows reflect external pressures, and believes concerns about an AI bubble warrant a healthy pause rather than alarm.
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He lost the governor’s primary, then got picked as a last-minute replacement with 566 of 571 votes; 100 days later Troy Jackson unseated Susan Collins
Troy Jackson's political journey took an unexpected turn when he received the Democratic Senate nomination. After Graham Platner withdrew due to a serious allegation, Jackson became the leading candidate. He won the nomination with overwhelming support at the special convention. Subsequently, Jackson campaigned and defeated longtime Republican Senator Susan Collins in the general election.
U.S. and Japanese Companies Struggle with Different Parts of AI Adoption—and Offer Different Lessons for Making It Work
Companies in both the U.S. and Japan are struggling to deploy AI, but often in very different ways. In the U.S., deployment is wide but shallow, meaning companies struggle to create real value with AI. In Japan, deployment has moved slowly, but where it has happened, it’s often deep and fruitful. Understanding what’s happening in both contexts offers important lessons for companies trying to develop an AI strategy and demonstrate ROI on their AI investments.
Coders out, VCs in: Investors bet billions on AI-first services
The AI-native services firms’ promise of high margins and rapid growth with fewer people has attracted the interest of VC firms. If Distyl AI raised $175 million at a $1.8 billion valuation a year ago, Wonderful raised $550 million at a $5 billion valuation in September.
From unpaid salaries to refund demands: China man charges Rs 2,600 to argue with bosses, businesses on behalf of customers; videos go viral
A man in Guangzhou, China, is offering to argue on behalf of people who struggle with confrontations for 188 yuan (around Rs 2,600). His service covers disputes over unpaid wages, refund requests, poor services and cosmetic surgery results. Videos of his unusual work have drawn attention online, with users sharing the complaints they would want him to handle.
US Midterm elections 2026: Could the results change how long Indian students can stay in America?
The outcome of the US Midterm elections could significantly impact the future of the student visa framework, particularly for Indian learners. Changes suggested for the F-1 visa might enforce set admission periods rather than flexible durations, making the shift from education to real-world employment more complex for graduates opting for Optional Practical Training.
Virginia couple bought a 100-year-old home and turned its backyard into a garden. One year later, a neighbour claimed the land was his and wanted its fence removed, but then a judge stepped in
A Virginia couple who bought a nearly 100-year-old home in 2025 transformed its gravel backyard into a garden with grass, flowers and vegetables. However, a year later, a realtor representing the neighbouring property's former owner told them that part of the backyard belonged to his client and that their fence had to be removed. After workers arrived and dismantled part of the fence, the couple hired a lawyer.
Targeting H-1B holders poses severe economic risks to US: Indiaspora
Indiaspora has raised concerns about rising anti-Indian sentiments and potential immigration regulations that could threaten economic stability. The organization highlighted the significant contributions of Indian H-1B visa holders to key sectors in the US. Proposed measures could disadvantage early-career professionals and jeopardize critical workforce positions in healthcare and technology. Indiaspora called for political leaders to avoid scapegoating foreign workers for temporary political advantages.
Bali's petrol queues offer a reality check for India's holidaymakers
Bali is currently facing a fuel supply crisis that is causing significant disruption for travelers. Traffic jams and fuel shortages have led to longer wait times for airport transfers and local commutes. Authorities have implemented measures to improve fuel distribution and manage demand effectively. Despite challenges, tourist arrivals remain steady, contributing to the local economy. Travelers are advised to check fuel availability before visiting popular attractions in Bali.
AI can perform the work of 10 people, says Zoho’s Sridhar Vembu, warns of headcount impact
Sridhar Vembu, the visionary behind Zoho, raises alarms regarding the transformative role of AI on computer-related jobs. He posits that one AI-empowered individual might outperform several workers. While acknowledging impending job cuts, he is optimistic about fresh opportunities opening across different sectors. Vembu also points out the soaring costs tied to AI technologies, urging companies to pivot swiftly.
Microsoft offers exit packages to India staff amid $20.5 billion AI push
While the company has not given specifics of the number of people who shall be covered through this programme, there are around 60,000 employees eligible globally. The decision will be taken by December 1, 2026 and those opting for it will be given a package similar to a standard severance offer, including one month of base salary for every completed year of service, health insurance and career transition services.
She took calls while stocking bananas at Trader Joe’s. Then Jaime Holm and Matt Hannula's $800 side hustle grew to $20 million
Jaime Holm started Tinker Tin with an $800 vintage camper while working at Trader Joe’s. What began as a trailer rental side hustle evolved into a design and manufacturing business serving major brands and Hollywood productions. By 2025, Holm and her brother Matt Hannula said the company had grown to $20 million.
Ather rides to profit; Pronto's US AI play
Ather Energy swung to profit in the July-September quarter. This and more in today’s ETtech Top 5.
Trump’s next White House press secretary: 10 names in the running after Katie Zacharia’s 5-day exit
As the quest for a new White House press secretary begins, potential names surface including Scott Jennings, Danielle Alvarez, and Maria Bartiromo, who are currently leading the discussion. Anna Kelly, the principal deputy press secretary, also emerges as a strong contender. Otros names such as Monica Crowley, Elizabeth Pipko, and Margo Martin contribute to the buzz, with a final decision expected post-midterm elections.
Software majors delete 24,000 jobs across IT and engineering in a year
Over the last one year, Tata Consultancy Services (TCS), Infosys, HCLTech, Wipro, Tech Mahindra and LTIMindtree collectively recorded 92,000 exits, in line with the industry's normal attrition rate of 11-15%. However, with exits outpacing hiring of new employees in the IT and engineering functions in five of the last six months, overall intake over the 12 months fell by 24,422 to 68,000, data from staffing firm Xpheno showed.
From Dhirubhai to Akash Ambani, Reliance made stocks popular with Indians
Jio Platforms’ IPO is putting the Ambani family’s relationship with India’s retail investors on a new footing, almost five decades after Dhirubhai Ambani took Reliance Textile Industries public in 1977. The Rs 30,213-crore issue was fully subscribed within two hours of opening, but Jio’s long-term success as a listed company will depend on whether it can turn its massive telecom and digital reach into sustained earnings growth and investor returns.
Eateries cut corners as high costs and hygiene crackdowns take a toll
New strategies include pausing high-cost menu items and introducing smaller portions for diners. Increased operational expenses due to regulatory compliance have also led to price hikes for consumers. Many restaurant operators indicate they must share some inflation costs with patrons to maintain profitability. Consequently, price increases of 10-15% are expected across several restaurants in Mumbai.
Infosys, TCS and Cognizant cut H-1B lottery registrations as Trump tightens US visa rules
Infosys, Tata Consultancy Services (TCS) and Cognizant registered far fewer candidates for the US H-1B visa lottery for fiscal year 2027, according to a report. Cognizant recorded a 100 per cent drop in registrations, while Infosys and TCS saw declines of 91 per cent and 95 per cent, respectively. The fall comes as the Trump administration raises hiring costs, changes the visa selection process and increases scrutiny of employers.
US midterm elections 2026: What could change for H-1B & green cards as US' immigration rules face a poll test
The looming US midterm elections are set to play a crucial role in shaping immigration policy, particularly concerning H-1B visas. Various proposals are under consideration that could reshape how employment-based green cards are processed and issued. With lawmakers from both sides offering contrasting changes, the outcome of these elections will be vital in influencing potential reforms, as current administrative policies and congressional actions will dictate future immigration frameworks.
Company townhall and results can tell 2 different tales; here's what to check if you are worried about your next hike or promotion
Keep manager’s reassurance and employer’s financials apart, says Devashish Chakravarty. Every three months, listed companies must disclose important events to the stock exchange and most of them explain their numbers to analysts. Long before you find an email from your HR, the company has already announced its hiring freeze or restructuring plans in its earnings call.
Rebuked by India, Vance admits he went too far with "indentured servants" rhetoric
JD Vance faced backlash for comparing H-1B visa holders to indentured servants, prompting clarifications in his statements. He emphasized that his criticism aimed at the companies and visa system instead of the visa holders. The Indian government condemned Vance's remarks, highlighting the contributions of Indian professionals to the US economy. They stated that such descriptions ignore the significant role immigrants have played in America's growth.
IPL 2027: Delhi Capitals appoints ex-Sri Lanka pacer Chaminda Vaas as fast-bowling coach
Delhi Capitals has appointed Chaminda Vaas as their new fast-bowling coach for the upcoming IPL season. This decision comes as the franchise overhauls its support staff aiming for improved performance. Vaas, known for his successful international career, will work alongside head coach Sourav Ganguly and batting coach Yuvraj Singh. The team looks to overcome recent disappointments and secure their first IPL title.
Apple names Meta veteran Scott Tucker as litigation chief in legal team shake-up
Apple has hired former Meta litigation chief Scott Tucker as vice president of global litigation and financial services, strengthening its legal leadership amid mounting antitrust, patent and other lawsuits. The appointment is part of a broader reorganisation under General Counsel Jennifer Newstead, as the iPhone maker faces legal setbacks threatening its services business.
Low-cost jobs will be taken over by AI, most worried about outsourced ones: Workday CEO
Workday Chairman and Chief Executive Officer Aneel Bhusri told reporters at the Workday Rising Summit that AI will not lead to jobs moving out of the US or first-world countries, but may do the opposite.
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