Thousands of ChatGPT users are reportedly cancelling their subscriptions amid concerns about growing connection between US President Donald Trump's administration and tech giants. The development came amid reports that OpenAI President Greg Brockman donated $12.5 million to a super PAC supporting Trump. Activists noted that US immigration agency uses a resume screening tool backed by ChatGPT 4.

Microsoft AI chief Mustafa Suleyman has warned that AI could soon automate most white-collar jobs. "White-collar jobs- those sitting in front of computers, whether lawyers, accountants, project managers or marketers- most of these tasks will be fully automated by AI within the next 12-18 months," he said. Suleyman added that as AI technology advances, building new models will become easier.

Arvinas shares slumped 11% after appointing Randy Teel as the new CEO to replace retiring John Houston. Teel, previously the Chief Business Officer, was chosen after a "comprehensive search". Despite the drop, retail sentiment remains bullish on the new chief's credentials and the company's PROTAC platform success.

Jet.AI (JTAI) shares experienced volatility after cancelling a $50 million financing planned for its merger with flyExclusive. The company removed the need for third-party investment, stating it has sufficient working capital. flyExclusive also granted Jet.AI permission to explore other merger opportunities. The stock swung between a 6% gain and a 4% decline on the news.

The Central Consumer Protection Authority imposed fine of up to ₹50,000 on 27 restaurants located across India for violation of consumer rights and adoption of unfair trade practices. The CCPA reiterated no hotel or restaurant shall add service charge automatically or by default in food bill. The restaurants included Café Blue Bottle, Patna, and China Gate Restaurant (Bora Bora), Mumbai.

Malaysian tech entrepreneur Arsyan Ismail sold the premium domain AI.com for a $70 million (approximately ₹634 crore) in 2025. He had originally registered the domain in 1993 for just $100 (₹300 at the time). Ismail sold the domain to Crypto.com CEO Kris Marszalek. The sale is considered one of the largest publicly disclosed domain name transactions in internet history.

Crocs shares jumped 20% after beating Q4 earnings with $958 million in revenue. CEO Andrew Rees highlighted strong cash generation and shareholder buybacks, alongside new product momentum like the Crafty Clog. The company sees significant global growth runway, noting penetration in China and India is just one-third of mature US markets.

Peter Schiff countered Trump's claim that tariffs drove 1880s prosperity, arguing a tiny government (2% of GDP) was the real cause. To return to that wealth, Schiff proposed eliminating 90% of federal agencies, the Federal Reserve, and income taxes. He warned that tariffs without spending cuts would only hurt consumers via higher prices and interest rates.

High personal income tax collection doesn't necessarily mean that the middle class is being suppressed or crushed in the country, Finance Minister Nirmala Sitharaman stated in the Rajya Sabha. "There is no evidence of middle-class suppression," she said. Sitharaman added, "The economy is no longer narrow, and it's not just confined to the elite. The middle-class basket is widening."

Nebius shares tumbled 5% after missing Q4 revenue estimates of $242.79 million, reporting $227.7 million. Cost of revenue rose to $68.5 million due to data centre expansion. However, CEO Arkady Volozh remains optimistic, guiding for $7 billion to $9 billion in recurring revenue by the end of 2026, while retail sentiment stays bullish.