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Bloomberg

Bloomberg

Page 257 - Bloomberg

Elon Musk threatens to ban Apple devices if OpenAI integrated into OS

The remarks followed a presentation Monday by Apple Inc., when the iPhone maker said that customers would have access to OpenAI's ChatGPT chatbot through the Siri digital assistant

Elon Musk threatens to ban Apple devices if OpenAI integrated into OS
Updated On : 11 Jun 2024 | 10:46 PM IST

Apple debuts long-awaited AI tools, including ChatGPT tie-up at WWDC

Apple is making a high-stakes bid to catch up with rivals in the booming AI market. After falling behind tech peers like Alphabet Inc.'s Google and Microsoft Corp

Apple debuts long-awaited AI tools, including ChatGPT tie-up at WWDC
Updated On : 11 Jun 2024 | 10:45 PM IST

In latest setback, Tesla must face autopilot false ad claims by DMV

Monday's ruling comes less than a month after a federal judge in San Francisco ruled that Tesla must face a proposed class-action lawsuit by consumers making similar claims

In latest setback, Tesla must face autopilot false ad claims by DMV
Updated On : 11 Jun 2024 | 8:00 AM IST

World's largest vaccine maker Serum Institute sees demand doubling in 5 yrs

The world's largest vaccine maker currently has the capacity to produce 3 billion doses of all types of vaccines each year, but only sells about 1.5 billion doses annually

World's largest vaccine maker Serum Institute sees demand doubling in 5 yrs
Updated On : 11 Jun 2024 | 7:42 AM IST

Singapore authorities ramp up scrutiny of family offices, hedge funds

The government's push to tighten various investment regimes has accelerated since March, with agencies setting out additional requirements that must be met in the coming months

Singapore authorities ramp up scrutiny of family offices, hedge funds
Updated On : 11 Jun 2024 | 7:12 AM IST

Mauritius seeks 2% climate levy on co profits as pristine beaches wash out

The nation of 1.26 million people is experiencing more climate change-related events and needs to mobilize 300 billion rupees to meet adaptation and mitigation goals

Mauritius seeks 2% climate levy on co profits as pristine beaches wash out
Updated On : 11 Jun 2024 | 6:24 AM IST

Japan should let married women keep their surname, says business lobby

Japan is the only country that still enforces such a rule, according to Keidanren's research, and it has failed to budge despite multiple calls from a UN panel on discrimination against women

Japan should let married women keep their surname, says business lobby
Updated On : 11 Jun 2024 | 6:18 AM IST

Pakistan cuts benchmark interest rate for first time in four years

The State Bank of Pakistan reduced the target rate by 150 basis points to 20.50 per cent, compared to a median estimate for a 100 basis point cut. Only two economists predicted the decision

Pakistan cuts benchmark interest rate for first time in four years
Updated On : 10 Jun 2024 | 5:39 PM IST

TSMC, Foxconn are two companies that will guide global supply chains

Their size, technical dominance and global influence make these two Taiwanese companies irreplaceable - no other single business could jump in to fill the gap should either disappear overnight

TSMC, Foxconn are two companies that will guide global supply chains
Updated On : 10 Jun 2024 | 9:37 AM IST

10.5 mn flights scheduled to crisscross skies, jets burn fuel like its 2019

The International Air Transport Association is anticipating record passenger numbers this year, and planes that will be about as full as they were before the virus using record amounts of fuel

10.5 mn flights scheduled to crisscross skies, jets burn fuel like its 2019
Updated On : 10 Jun 2024 | 9:17 AM IST

Cheaper rupee boosting its lure as carry trade, says Bank of America

The rupee has become one of the least volatile currencies in emerging markets, aided by a long interest-rate pause by the Reserve Bank of India and record foreign exchange reserves

Cheaper rupee boosting its lure as carry trade, says Bank of America
Updated On : 10 Jun 2024 | 8:04 AM IST

Here's why India should look back 300 years to learn a lesson in AI

This is just the beginning. As generative AI morphs into artificial general intelligence - machines rivaling human cognitive abilities - even highly complex tasks may not require expert programmers

Here's why India should look back 300 years to learn a lesson in AI
Updated On : 10 Jun 2024 | 7:51 AM IST

Major fights, issues in the ongoing European Parliament election

Despite a series of recent setbacks, far-right parties are aiming for electoral gains that could bring migration to the top of the political agenda and complicate progress on the EU's climate goals

Major fights, issues in the ongoing European Parliament election
Updated On : 10 Jun 2024 | 12:47 AM IST

Norway sovereign fund opposes Elon Musk's $56 bn Tesla pay package

The vote at next week's AGM will be the second time Musk's pay package has been put before shareholders. A judge voided an initial vote that approved the package in 2018

Norway sovereign fund opposes Elon Musk's $56 bn Tesla pay package
Updated On : 09 Jun 2024 | 10:57 PM IST

Coal dependency, climate dilemma to hang over PM Modi in his third term

PM Modi will need to balance green ambitions against a need to sustain growth and satisfy rapidly accelerating electricity demand, leaning on a fraying power system still heavily dependent on coal

Coal dependency, climate dilemma to hang over PM Modi in his third term
Updated On : 09 Jun 2024 | 8:52 AM IST

PM Modi to take oath today for third consecutive term post election setback

Key questions still hang over the new government, including who will be named to major posts in the cabinet

PM Modi to take oath today for third consecutive term post election setback
Updated On : 09 Jun 2024 | 8:51 AM IST

In first in 3 months, Fed dot plot set to offer glimpse of rate-cut resolve

A 41 per cent plurality of economists expect the US Fed to signal two cuts in the closely watched dot plot, while an equal number expect the forecasts to show just one or no cuts at all

In first in 3 months, Fed dot plot set to offer glimpse of rate-cut resolve
Updated On : 09 Jun 2024 | 7:32 AM IST

Vladimir Putin running out of time to achieve breakthrough in Ukraine

Putin insists his war goals are unchanged and that Russia will fight for as long as needed to win in Ukraine, regardless of mounting casualties in a war that's in its third year with no end in sight

Vladimir Putin running out of time to achieve breakthrough in Ukraine
Updated On : 08 Jun 2024 | 11:08 AM IST

As Nvidia hits $3 trn, Jensen Huang's wealth surpasses Michael Dell's

Dell, 59, with a net worth of $105.9 billion, has been a computer hardware-industry outlier among the tech super-rich, who often owe their wealth to software companies

As Nvidia hits $3 trn, Jensen Huang's wealth surpasses Michael Dell's
Updated On : 08 Jun 2024 | 7:17 AM IST

India-Pakistan World Cup clash could fetch $4,800 a second in ad spend

Multinationals like Emirates Group, Saudi Aramco, and Coca-Cola are among the firms sponsoring the month-long tournament

India-Pakistan World Cup clash could fetch $4,800 a second in ad spend
Updated On : 07 Jun 2024 | 10:44 PM IST