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Page 332 - Bloomberg

TikTok eyes $17.5 billion shopping business on Amazon's turf: Reports

The 2024 merchandise volume goal for the US version of TikTok Shop - which melds online entertainment with impulse buying - was discussed in internal meetings in recent weeks

TikTok eyes $17.5 billion shopping business on Amazon's turf: Reports
Updated On : 04 Jan 2024 | 8:22 AM IST

Pakistan's military men want to kickstart Green Revolution in the country

Pakistan's government argues that corporate farming is essential to ensuring food security for its 240 million people

Pakistan's military men want to kickstart Green Revolution in the country
Updated On : 04 Jan 2024 | 8:15 AM IST

US and other countries warn Houthis against further attacks in Red Sea

They called the attacks "illegal, unacceptable, and profoundly destabilising."

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Updated On : 04 Jan 2024 | 8:05 AM IST

US and other countries warn Houthis against further attacks in Red Sea

They called the attacks "illegal, unacceptable, and profoundly destabilising."

US and other countries warn Houthis against further attacks in Red Sea
Updated On : 04 Jan 2024 | 8:05 AM IST

Harvard plagiarism row: Gay defends research, calls it 'ideological battle'

The school's first Black president stepped down after allegations of plagiarism in her work and anger over the university's handling of antisemitism on campus following Hamas's Oct. 7 attack on Israel

Harvard plagiarism row: Gay defends research, calls it 'ideological battle'
Updated On : 04 Jan 2024 | 7:49 AM IST

Zuckerberg sells nearly $500 million of Meta stock in 2 months: Report

Marc Benioff, Zuckerberg's peer in the tech world, also sold shares nearly every day in the second half of 2023

Zuckerberg sells nearly $500 million of Meta stock in 2 months: Report
Updated On : 04 Jan 2024 | 7:46 AM IST

Musk's SpaceX illegally fired workers who criticized him, alleges NLRB

NLRB's complaint alleges that SpaceX management told workers it had terminated the employees because of their open letter, restricted others from distributing it, and threatened terminations

Musk's SpaceX illegally fired workers who criticized him, alleges NLRB
Updated On : 04 Jan 2024 | 7:13 AM IST

Amazon's video ad push expected to generate extra $5 bn in revenue

Amazon's advertising business - mostly search and display ads on its web store - generated $12.1 billion in the quarter ended September 30, about 8.5% of total revenue

Amazon's video ad push expected to generate extra $5 bn in revenue
Updated On : 03 Jan 2024 | 11:58 PM IST

Apple leads $370 billion tech rout in reversal from group's 2023 rally

Tesla has shed more than 8% in the last four days, its longest streak of losses since November

Apple leads $370 billion tech rout in reversal from group's 2023 rally
Updated On : 03 Jan 2024 | 11:53 PM IST

Samsung places bet on AI for greater sales as 2024 phone launches kick off

More than a billion smartphones with built-in generative AI are expected to be shipped by the end of 2027, according to Counterpoint Research estimates

Samsung places bet on AI for greater sales as 2024 phone launches kick off
Updated On : 03 Jan 2024 | 11:45 PM IST

China fires top official to stem games fallout, contain damage: Report

Tencent and smaller rival NetEase Inc. gained about 1% in Hong Kong Wednesday, adding to a recovery since officials began signaling a willingness to consider industry views

China fires top official to stem games fallout, contain damage: Report
Updated On : 03 Jan 2024 | 11:32 PM IST

BYD pulls ahead as world's biggest producer of battery passenger cars

After a $12 billion selloff during November, BYD is as cheap as it has been going back to the start of 2010, despite 31 out of 32 analysts putting a Buy rating on the stock

BYD pulls ahead as world's biggest producer of battery passenger cars
Updated On : 03 Jan 2024 | 10:18 AM IST

Central banks have saved the world in the past. And will do so again

'Central banks will occupy an ever-more important position in the economic and security life of nations, if history is any guide'

Central banks have saved the world in the past. And will do so again
Updated On : 03 Jan 2024 | 9:15 AM IST

Japan's New Year earthquake sends out warning to build away from coasts

There's little excuse for developed nations to fail to erect now-proven systems and codes that can save lives. Earthquakes are a prime example

Japan's New Year earthquake sends out warning to build away from coasts
Updated On : 03 Jan 2024 | 8:16 AM IST

SoftBank veteran Arora becomes a billionaire after another huge payday

Palo Alto Networks handed Arora a $125 million stock and options compensation package when he was hired in 2018

SoftBank veteran Arora becomes a billionaire after another huge payday
Updated On : 03 Jan 2024 | 8:03 AM IST

Crude oil advances as Iran warship in the Red Sea escalates tensions

Brent crude climbed as much as 2.6 per cent to top $79 a barrel, before paring some of that gains

Crude oil advances as Iran warship in the Red Sea escalates tensions
Updated On : 02 Jan 2024 | 10:54 PM IST

Bitcoin surpasses $45,000 for 1st time in 2 yrs on ETF approval hope

Bitcoin has risen over 20 per cent since the start of December as a Jan. 10 deadline for the US Securities and Exchange Commission to give its blessing for a spot ETF Bitcoin draws closer.

Bitcoin surpasses $45,000 for 1st time in 2 yrs on ETF approval hope
Updated On : 02 Jan 2024 | 7:48 PM IST

Rally in tech stocks in India faces earnings test as growth worries linger

While the rally was initially driven by a global rebound in tech stocks, the Federal Reserve's dovish pivot at the December policy meeting turbocharged the run

Rally in tech stocks in India faces earnings test as growth worries linger
Updated On : 02 Jan 2024 | 1:32 PM IST

Russian crude oil cargoes head away from India amid payment issues

"China seems to have stepped in to save the idling Sokol cargoes," said Viktor Katona, lead crude analyst at data intelligence provider Kpler

Russian crude oil cargoes head away from India amid payment issues
Updated On : 02 Jan 2024 | 12:36 PM IST

China's factory activity picks up in contrast with govt data, shows survey

The Caixin manufacturing purchasing managers index rose to 50.8 last month from 50.7 in November, the strongest reading since August and above the estimate in a Bloomberg survey of economists.

China's factory activity picks up in contrast with govt data, shows survey
Updated On : 02 Jan 2024 | 10:32 AM IST