Page 151 - Bloomberg

Cash-strapped Byju's executive, biz partner found in contempt of US court

Byju's manager Vinay Ravindra and company ally Rajendran Vellapalath failed to answer questions about their roles in stripping software, cash and other assets from Byju's US businesses

ASML sees biggest surge since 2020, AI boost drives record orders

Net bookings were driven by demand for ASML's most-advanced extreme ultraviolet lithography, or EUV, machines, for which €3 billion of orders were placed in the period

Smartphone AI apps now a $2 billion market led by OpenAI's ChatGPT

Among other notable findings in the report, more than half of ChatGPT's mobile users are aged between 18 and 24, and the vast majority of AI users are male. Revenue across various categories of AI app

Apple, SpaceX link up to support Starlink satellite network on iPhones

Medium resolution images, music & audio podcasts should work with the current generation Starlink direct-to-phone constellation.The first users received text messages from T-Mobile

Trump offers buyouts to federal employees resisting in-person work

The buyouts were offered in an email to federal employees that also warned that the administration was seeking a "more streamlined and flexible workforce"

India's IPOs to continue their bull run defying market's historical slump

The 23 stocks that debuted in India so far this year are up by an average of 15 per cent from their offer prices

Microsoft probing if DeepSeek-linked group improperly obtained OpenAI data

Microsoft's security researchers in the fall observed individuals they believe may be linked to DeepSeek exfiltrating a large amount of data using the OpenAI

Donald Trump, Elon Musk put out confusing statements on stuck US astronauts

It's unclear exactly what Trump and Musk mean considering the capsule that NASA has tasked with returning the astronauts is already up in space

Sony names Hiroki Totoki as new CEO to steer entertainment and games empire

Along with outgoing CEO Kenichiro Yoshida, Totoki helped steer the Tokyo-based technology conglomerate to focus on growing its entertainment offerings

Donald Trump's memecoin can now be used to buy watches and sneakers

In recent days, other businesses, such as the travel site Travala.com, also began accepting $Trump for payment

Marco Rubio approves some foreign aid waivers to Trump's spending halt

Rubio had provided waivers for food assistance as well as some salaries and administrative expenses

Trump Memecoin likely generated at least $11 million in fees: Report

The crypto world was caught by surprise when the "official" Trump memecoin was released late on Jan. 17 by the former crypto skeptic turned supporter

SoftBank-backed Lenskart said to tap banks for $1 billion IPO: Report

"Lenskart may seek a valuation of about $8 billion in a potential offering"

Meta Platforms, Microsoft show AI spending can be double-edged sword

Top performer among the Magnificent Seven this month, Meta shares are up 14% in 2025, building on last year's rally of more than 65%. Microsoft has risen 2.8% this year, and only rose 12% over 2024

Boeing CEO Ortberg signals portfolio review following $14 bn cash drain

The company has made progress in its turnaround, adjusting its factories and supplier base for higher production levels going forward, and addressing money-losing defense programs, Ortberg said

Tata's Jaguar Land Rover plans to raise $500 million through offshore loan

Proceeds raised will partially refinance an existing $800 million loan maturing in January

World Bank's Banga seeks $85 billion to leverage Africa's youth potential

Banga laid out a plan in which the World Bank, International Monetary Fund, African Development Bank and private investors may spend about $85 billion to bring power to 300 million people by 2030

Smallcap gauge heads for bear market as stock selloff intensifies

The NSE Nifty Smallcap 250 Index was on course to enter a bear market after losing about 3.5 per cent early in Tuesday's session after a similar drop the previous day

Honda Motor sets its sights on 50% share of world's motorcycle market

Honda's global motorcycle sales are forecast to reach 20.2 million for the fiscal year ending this March, the Japanese company said during a briefing Tuesday

Here's why South Korea's growth is a casualty of its political impasse

Politics is getting in the way, a reminder that big economies don't just run themselves