Page 400 - Bloomberg

Bosch to acquire TSI Semiconductors, invest $1.5 bn in California foundry

The world's biggest auto-parts supplier plans to retool and modernize TSI's Roseville site with a target to start producing silicon carbide chips there from 2026, Bosch said Wednesday

Amazon layoffs 2023: Employees loose jobs in AWS Cloud Division

Amazon Web Services personnel in the US, Canada and Costa Rica whose jobs were being eliminated were notified early Wednesday, the unit's chief said in an email to staff

Microsoft's single day earnings surge to add record $151 bn in value

If the gains hold, the company will add $151 billion in market value, the most in the company's history, according to data compiled by Bloomberg

Drop the 'natural' in natural gas: Climate activists urge US officials

The Federal Trade Commission has said the Green Guides are based on how consumers reasonably interpret claims, not technical or scientific definitions

Microsoft looks to revamp AI reshaping search as Google calms investors

"Throughout the years, we have gone through many, many shifts in search," Google CEO Pichai said

Money-market managers rebrand almost $1 trn of funds in form of ESG

Money market funds registered as Article 8 currently have $986 billion of client assets, up about 43% since August, according to data compiled by Bloomberg

Bitcoin begins to test inflection point while momentum slows: Report

The largest digital currency is trading around its 50-day moving average, with Paul Hickey of Bespoke Investment Group noting that the level to watch is $27,500

Netflix loses over 1 million Spanish users over password policing in 2023

In early February, Spain became one of Netflix's first markets to introduce a monthly fee for users who shared their log-in details with another household and technical measures to detect such sharing

India to triple renewable projects auctions as 2030 green target looms

The nation is accelerating project installations to hit a goal to have 500 gigawatts of clean energy generation capacity in 2030

Heat waves, cyclones hit stock mkts across Asia signaling problems ahead

Extreme weather has always been part of the cost of doing business, but the frequency of such events is increasing

Is ChatGPT using artificial emotional intelligence as its secret weapon?

Their designers may also prioritize fluency over accuracy. That is one reason why these tools are exceptionally good at mimicking empathy

US companies based in China grow more pessimistic about bilateral ties

Ties between the two countries have worsened in recent months, with Chinese President in March criticizing the US for what he called a strategy of "containment and suppression"

Why RIL investors are still unconvinced of Mukesh Ambani's hydrogen foray

Mukesh Ambani's new-energy ambition is even more complex than his telecom foray, which triggered a long period of debt-fueled expansion

First Republic Bank plans $100 bn asset sale to shore up balance sheet

In addition to selling assets, the bank also plans to focus on loans that can be sold on the secondary market

OpenAI is offering new privacy options to users for it chatbot ChatGPT

OpenAI is aiming to make people feel more comfortable using the chatbot for all kinds of applications

Meta Platforms Inc needs a new catalyst after stock's 77% rally

For the first quarter, revenue is expected to decline 0.9%, according to estimates compiled by Bloomberg

Bankrupt crypto lender Genesis seeks mediator as DCG deal hits impasse

Genesis is seeking mediation to take place over a two-day period prior to May 9, and ahead of a mid-May due date on $630 million of debt owed to Genesis by DCG

Twitter, YouTube, Insta among sites to face scrutiny under new EU rules

Twitter, Alphabet's YouTube and Google Shopping, and Meta Platform's Facebook and Instagram, as well as TikTok and Snapchat, will be required to meet the additional requirements

Inventor of blue jeans Levi Strauss & Co channels a new water-saving idea

As part of a wider water-saving effort, the San Francisco-based company, which invented blue jeans in 1873, has become an early pioneer of a method known drily as "contextual water targets"

Vodafone's top backer e& discusses board changes and ups stake

he Abu Dhabi-based company, which is majority owned by the United Arab Emirates's sovereign wealth fund, now owns 14.6% of Vodafone, up from 14%