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DeepSeek's AI restricted by 'hundreds' of companies amid concerns over leak

Chief among those worries is the fact that DeepSeek states in its own privacy terms that it collects and stores data in servers in China

Fed has done terrible job on banking regulation, says Donald Trump

Trump commented after the Federal Open Market Committee voted unanimously to keep the federal funds rate in a range of 4.25%-4.5%

Trump blames diversity, inclusion programmes for jet-chopper collision

The remarks immediately politicised the most deadly US commercial airline accident in over a decade even as Trump flatly and repeatedly said that he didn't know the cause of the disaster

Microsoft cloud computing biz to grow slowly amid shortage of data centres

The Azure cloud division will grow at as much 32 per cent in its fiscal third quarter, not much faster than it did during the last three months of 2024

Tesla reassures investors with growth pledge, to begin robotaxi rollout

Tesla plans to launch its autonomous ride-hailing service in Austin in June and then in other cities by the end of the year

China's big EV push into Europe fizzles out on EU tariffs and slowdown

Brands led by SAIC Motor Corp.'s MG registered 3.5 per cent fewer EVs in the region for all of 2024, according to data from automotive researcher Dataforce

Why Chinese tech firm DeepSeek's 'Open AI' should terrify Sam Altman

DeepSeek was founded by a hedge fund entrepreneur named Liang Wenfeng, who pulled together his former employees and dozens of Ph.D. graduates from Chinese universities to try and build human-level AI

Rupee pain starts to show as nation's top airline IndiGo takes a hit

A few smaller companies have also announced currency-related losses, with more expected as the earnings season progresses

Vodafone plans rollout of Starlink rival AST to connect remote areas

The technology will provide people in areas with poor mobile signal with 4G or 5G connectivity beamed straight from satellites connected to Vodafone's core network

Elon Musk blames Don Lemon's 'invasive' interview for cancelling show on X

Now Musk is trying to get Lemon's lawsuit dismissed in California Superior Court, arguing that the relationship between X and Lemon 'went sour' after the interview

Investors bidding for TikTok to offer 'significantly' more than $20 bn

It remains unclear if Tinsley and his investor group will be serious contenders for what are shaping up to be competitive and fast-evolving negotiations

President Trump's transactional foreign policy leads to a flurry of pledges

The rush to curry Trump's favour makes clear just how much global leaders learned their lesson from his first term, when the quickest way to the president's heart was to offer investment

Nissan plans job, output cuts at US assembly plants amid merger with Honda

Nissan has pledged to cut 9,000 jobs globally and reduce production capacity by 20 per cent

Here's why India's shiny new metros are just costly white elephants

In general, India's the opposite of China: If Beijing built too much infrastructure, New Delhi built too little. But the flashy new metro systems in smaller cities are an exception

Cash-strapped Byju's executive, biz partner found in contempt of US court

Byju's manager Vinay Ravindra and company ally Rajendran Vellapalath failed to answer questions about their roles in stripping software, cash and other assets from Byju's US businesses

ASML sees biggest surge since 2020, AI boost drives record orders

Net bookings were driven by demand for ASML's most-advanced extreme ultraviolet lithography, or EUV, machines, for which €3 billion of orders were placed in the period

Smartphone AI apps now a $2 billion market led by OpenAI's ChatGPT

Among other notable findings in the report, more than half of ChatGPT's mobile users are aged between 18 and 24, and the vast majority of AI users are male. Revenue across various categories of AI app

Apple, SpaceX link up to support Starlink satellite network on iPhones

Medium resolution images, music & audio podcasts should work with the current generation Starlink direct-to-phone constellation.The first users received text messages from T-Mobile

Trump offers buyouts to federal employees resisting in-person work

The buyouts were offered in an email to federal employees that also warned that the administration was seeking a "more streamlined and flexible workforce"

India's IPOs to continue their bull run defying market's historical slump

The 23 stocks that debuted in India so far this year are up by an average of 15 per cent from their offer prices