Page 4 - Bloomberg

Meta's campaign on teen safeguards puts TikTok, YouTube, Snap on back foot

In a public callout to TikTok and YouTube that included a plan to publish open letters in newspapers, Meta said it's seeking to set a 'new industry standard'

US Federal Trade Commission probes YouTube over social media policies

The antitrust and consumer protection agency has been probing YouTube since last year and is in the final stages of preparing a potential lawsuit

Venezuela weighs exit from Opec as US discusses stake in oil fields

Venezuela was one of the five oil producers that founded Opec in 1960 and is widely considered the most influential country in the group's creation

Trump admin in talks with Venezuela to take major stake in oil fields

The Venezuela talks follow the January seizure of strongman Nicolás Maduro by US forces and the installation of more amenable leadership in Caracas

Donald Trump renames Lake Ontario as Lake America, stoking Canada spat

Lake Ontario is one of the Great Lakes and straddles the US-Canada border between the state of New York and the province of Ontario

Tata Power loses challenge to $490 mn arbitration award in Russia coal case

Singapore court upholds a $490 million arbitration award against Tata Power over a failed joint bid for a Russian coal asset and rejects the company's natural justice challenge

The $13 billion Hugging Face deal would crown Nvidia king of AI

The deal would create a strange paradox. Nvidia wants open models to thrive, but for a more self-interested reason: to stop OpenAI and other large AI companies from threatening its chip business.

US probes Singapore-based Apex Logistics over alleged Nvidia chip smuggling

Authorities are looking into whether Apex - a unit of shipping giant Kuehne+Nagel - may have transported AI systems made by Super Micro Computer Inc. in violation of US export restrictions

'Butcher of Bosnia' Ratko Mladic dies at 84 while serving life term

Mladic led Serb forces in the ethnic fighting among Bosnia's Muslims, Serbs and Croats that left more than 100,000 dead and more than 2 million people displaced

Yayoi Kusama, Japanese artist who painted polka dots, dies at 97

Kusama died in a Tokyo hospital on Aug. 14, according to a statement on her official website. The cause was multiple organ failure, Kyodo News reported.

Vedanta plans third rupee bond issue, seeks to raise ₹1,000 crore

Vedanta joins other Indian companies that are mulling bond offerings soon amid expectations that the Reserve Bank of India could raise interest rates later this year due to inflation risks

Uncertainty over CEO's term weighing on HDFC Bank's stock, says Macquarie

Clarity on HDFC Bank's leadership is crucial as the lender seeks to move past uncertainty marked by its former chairman's abrupt exitg and overnance concerns

India plans $1.4 billion in aid to boost advanced battery parts output

While India already provides subsidies for making cells used to power electric cars and for energy storage, the first set of local battery makers have been navigating supply chain snags

China to ship at least 1.2 mn tonnes of key fertiliser variety to India

India is one of the biggest urea importers, making its purchases closely watched as a global benchmark

India's fiscal outlook brightens with govt set to exceed asset sales target

A long-delayed privatisation of IDBI Bank will likely see the government surpass its ₹80,000 crore ($8.4 billion) annual disinvestment and asset-monetization target

Zerodha's Nithin Kamath says surge in margin lending could be 'scary'

The warning comes as small investors across Asia have been singed by leveraged bets tied to the booming artificial intelligence trade

Meta's teen safety deal facing big hurdle: Knowing who's under 18

In a landmark deal with state attorneys general across the US, Meta agreed to pay up to $18 billion and implement design changes

Meta's $18 billion social media settlement: Numbers behind the deal

Of the overall amount, the company has pledged to shell out about $12.7 billion in installments to states over the next 10 years as a starting point

OpenAI says it could have reacted sooner to prevent AI hack of Hugging Face

In the report, OpenAI said that it knew as far back as late May that AI models it was testing were leveraging a software vulnerability to access the open internet

New York City area saw $3.5 billion in economic impact from Fifa World Cup

The global sporting event generated $1.9 billion in direct spending on lodging, restaurants, bars, shopping and transportation in the states