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Excited to transform platform, says Twitter's new CEO Linda Yaccarino

Yaccarino is joining Twitter from her job as head of global advertising at NBCUniversal. She will work closely with Musk, who will be both chief technology officer and executive chairman

Bangladesh and Myanmar order mass evacuations as cyclone Mocha nears

The storm could hit the world's biggest refugee camp in Bangladesh, home to about a million Rohingyas who fled there years ago from neighboring Myanmar

BJP faces Karnataka assembly election loss ahead of 2024 Lok Sabha polls

A loss in the only state in southern India where it held power indicates that the BJP and its brand of Hindu nationalism have not made a significant impact in the region

Google co-founders see biggest gain since Feb 2021 as AI boost lifts stock

Google will start experimenting with a more conversational search engine and has made its AI-powered chatbot available more broadly, the Mountain View, California-based company said

AI frenzy accounts for all of S&P 500 gain this year, says SocGen

AI-hungry investors have propelled shares of Nvidia Corp., which makes the chips needed for complex AI computing tasks, up by 96% this year

Elon Musk appointing NBC's Linda as new Twitter CEO won't change much

In about six weeks, Musk will move to executive chairman and chief technology officer, overseeing product, software and sysops, he wrote on Twitter

Meta's 'AI Sandbox' to create advertisements, predict performance

Meta, which runs Facebook and Instagram, also introduced a new AI-based model that can help businesses predict the performance of ads using a bigger data set than previously

Evercore hires media, telecom bankers from Credit Suisse amid takeover

The US advisory firm has recruited managing directors Giuseppe Monarchi, Laurence Hainault and Francesco Gurrieri, the people said

Bitcoin sinks to lowest since March after falling for a second straight day

The largest digital asset fell as much as 3.2% on Friday to around $26,100, and is staring down its first back-to-back weekly losses since March

Scammers on music apps Spotify, Apple Music siphon billions from artists

Currently, much of the music industry is preoccupied with the newest threat - or maybe opportunity - to emerge from Silicon Valley

China's policy-making scaring away foreign investors that its cities want

Local officials are cold calling foreign entrepreneurs and bringing roadshows overseas as they seek to bolster coffers depleted by years of pandemic spending and a cratering property market

Tesla recalls 1.1 million electric cars from China over braking defect

Some 1.1 million electric cars that Tesla made at its Shanghai factory or imported into China between January 2019 and April this year will need to be fixed

Carlyle Group weighing entry into private credit market in India

Executives from the US private equity investor's Hong Kong office have visited India to understand the country's private lending opportunities in recent months

Son owes SoftBank $5.2 bn on side deals post losses at Vision Fund unit

His unrealized losses widened by about $130 million from three months before, with most of the deficit linked to the Latin America fund

Adani shortseller saga probe to test Sebi, SC check on the rich & powerful

With PM largely silent on the controversy despite attacks from opposition, these investigations are most significant way India can signal to investors that it is willing to scrutinize its largest firm

Pakistan faces another lost decade of recovery as army takes on Imran Khan

Pakistan's institutions were never that strong anyway; the military was, famously, the only thing in the country that worked

Interest rate hold likely as inflation at its weakest in 18 months

Easing inflation will bring relief to policy makers when the economy is facing headwinds from geopolitical tensions and slowing global demand

NBCUniversal executive Linda Yaccarino in talks to become Twitter's CEO

Musk bought Twitter for $44 billion last October and indicated that he'd only be in charge for a limited time to complete the organizational overhaul he thought the company needed to prosper

Tech startups find one of their last funding sources shrinking up

Climbing interest rates have made the funding more expensive for companies, and one of the biggest venture lenders faced a run on the bank that forced government regulators to seize it and sell it

Volvo Car AB says software issues will delay output of flagship EV

Output of the EX90 is now expected to begin in the first half of 2024, Volvo said Thursday