Page 344 - Bloomberg

Apple's iPhone, watch product design chief Tang Tan to leave in shake-up

Tang Tan, whose title is vice president of product design, is leaving in February, according to people with knowledge of the matter

OpenAI CEO Sam Altman's ouster was a result of drawn-out tensions

The statement, devoid of any details, was the opening volley in a power struggle that played out almost entirely behind closed doors

Tata Group plans new iPhone factory to hasten Apple's India expansion

Tata wants to construct the factory in Hosur in the southern Tamil Nadu state, according to people with knowledge of the matter.

Carbon market push at COP28 summit tries to fix scandal-tainted credits

The concept of trading carbon credits across borders to accelerate the green transition is not new, nor are challenges to its transparency and impact

Microsoft, OpenAI partnership draws UK antitrust regulator scrutiny

Brad Smith, Microsoft's president, said as recently as last month he doesn't "see a future where Microsoft takes control of OpenAI"

Foreign investors turn bullish on Indian stock futures after PM Modi's wins

Overseas funds held 31,549 more long index futures contracts than short contracts as of Thursday, turning to a net bullish position a day earlier for the first time since September

Elon Musk forces eco-conscious Scandinavians to choose between EVs, unions

A small walk-out at Tesla's seven repair shops in Sweden over unfair working conditions has in the past month spiralled into a storm of labor strikes

Adani Green lays out plan for repaying $750 mn bond to restore confidence

Adani Green Energy Ltd., part of billionaire Gautam Adani's empire, will redeem the notes in full by the due date, it said in a filing to the Singapore stock exchange

Canada's allegations over Nijjar's killing not part of probe, says govt

New Delhi set up an investigating committee last week after the US alleged that an Indian government agent was involved in the foiled assassination attempt of a Sikh separatist leader in New York

Elon Musk lashes out again at Bob Iger after Disney pulls ads from X

In a series of posts Thursday, Tesla's CEO appeared to refer to the box-office performance of some recent Disney films, saying Iger "drops more bombs than a B-52

Fraudsters swiped millions of dollars by faking product refunds: Amazon

The lawsuit lists more than a dozen transactions from June 2022 to May 2023 as leading to fraudulent refunds. Items purchased include gaming consoles, smartphones, laptops

State-owned cos seen extending rally on PM Modi's expected re-election

Modi's government is spending billions of dollars on everything from roads and railways to defense, renewing interest in a sector that has for long been a straggler of India's $4 trillion stock market

Woodside in talks with Santos to form $52 billion Australian gas giant

Santos says it's exploring a range of alternative structural options

EU's talks on AI rules stall after nearly 24 hours of negotiations

Negotiators made some progress, including on a provisional deal on generative AI tools - the kind capable of producing content on command

Hospital and pharmacy chain Aster to fuel India expansion through buyouts

Aster plans to add an additional 1,500 beds to the current 4,800 capacity in the world's most populous country over the next three years and "look at companies that are not listed

Minuscule AI startup raises $41 million to tap growth in Indian market

Sarvam AI is building large language models targeted at unique uses in Indian languages, aimed at making apps available at price points that the country's 1.4 billion people can afford

India considers curbing ethanol production to tackle sugar shortages

Authorities are studying a proposal to restrict the use of sugar-cane juice to produce biofuel for the current season, according to people familiar with the matter

Apple executive who invented iPhone screen, touch ID likely to leave

Hotelling's work included some of Apple's most complex and critical technologies for the iPhone, iPad and Apple Watch, as well as the upcoming Vision Pro headset

SpaceX's Starlink clears military tests in Arctic, paving way for contracts

The previously undisclosed testing found that StarLink to be a "reliable and high-performance communications system in the Arctic

China effectively tackling air pollution while India continues to choke

China has made strides in scrubbing the once-foul air that had become a fact of life each year in major cities like Beijing and industrial towns across the country