Page 408 - Bloomberg

Amazon to invest $12.7 billion in India cloud infrastructure by 2030

Amazon.com Inc. plans to invest $12.7 billion in cloud infrastructure in India by 2030, joining other global tech giants in betting on growth in the South Asian nation's digital economy

Montana becomes first US state to ban TikTok, to face legal challenges

Under the legislation, TikTok and app stores, like those operated by Apple Inc. and Alphabet Inc.'s Google, could face fines of as much as $10,000 for violations

E-Commerce: Are open digital markets the next big thing in India?

Unbundling e-commerce in India could upend billions of dollars of investment

Pakistan braces for more unrest amid fears of Imran Khan's arrest

Pakistan's former premier Imran Khan said the police have surrounded his house in the eastern city of Lahore to potentially arrest him again, stoking concerns of a repeat of the violent clashes

WeWork plunges as 'disruptive' CEO change prompts downgrade: Report

Mathrani's departure is the latest blow for WeWork stock, down 79% this year, as the company has struggled to cut costs and drive earnings

Goldman Sachs slashes Adani's stakes from ESG funds following allegations

Goldman funds registered as promoting environmental, social and governance goals under European Union rules sold about 11.7 million shares in Adani companies in February

EU proposes reforming customs to target online sellers like Amazon, Alibaba

The European Commission's proposal would introduce data-driven systems, streamlining reporting requirements for traders by reducing the time needed to complete import procedures

India's diamond exports sluggish on weak US, China demand amid slowdown

India reported an almost 10% decline in cut and polished diamond exports to $22 billion in the financial year ended March

Nadella disputes Musk's claim, says Microsoft not controlling OpenAI

The Microsoft CEO said OpenAI's board was steering the ship, contradicting Musk, who pulled out of the startup years ago and has advocated slowing AI development over potential ethical concerns

India's LNG buyers set for deal-making rush in win for Modi's gas push

That should help reduce their exposure to the volatile spot market - where prices surged to a record last year and made the fuel too costly for many buyers

Stubborn funding squeeze risks derailing India's economic recovery

After a surge in recent weeks, the weighted average call rate which Reserve Bank of India closely monitors, has shot above its policy rate ceiling of 6.75%

Smaller firms can still compete in AI depending on product mkt fit: Nadella

Nadella pointed to search as an example of how AI has sparked fresh competition in a space dominated by Google's engine

China sees record-high youth unemployment rate at 20.4%, likely to worsen

The jobless rate for 16-to-24 year olds hit 20.4% last month, nearly four times the national rate, data from the National Bureau of Statistics showed Tuesday

Here's how much wealth you need to join the richest 1% across globe

Switzerland and Australia have the next highest entry points to the 1%, requiring net worth of $6.6 million and $5.5 million, respectively, according to data released Wednesday

Elizabeth Holmes loses final bid to stay out of prison in fraud conviction

Theranos Inc. founder will soon have to report to prison to begin her 11 1/4-year sentence after she was convicted by a jury last year of defrauding investors

Billion new ACs will save lives from soaring temps but will cook the planet

But expanding AC coverage too quickly also threatens to worsen the crisis it's responding to. Most units use a refrigerant that's far more damaging than carbon dioxide

Elon Musk criticises working from home as 'morally dubious practice'

Musk has been a strong advocate for return-to-office policies and issued an ultimatum to Tesla employees last summer, requiring employees to spend a minimum of 40 hours in the office per week

ServiceNow joins AI wave in partnership with Microsoft, OpenAI: Report

Most of the big technology companies have announced new AI features this year, many of which in partnerships with OpenAI

Global economy risks stalling as China, Germany juggernauts slow: Report

The latest data suggest that key parts of the upbeat case for a global pickup aren't working out as hoped

Alleged Russian hacker charged in $200 million ransomware spree: Report

Ransomware groups typically hack into computer networks and deploy malicious software that encrypts computers and makes them unusable