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Nvidia becomes first chip firm to hit $3 trn in mkt value, overtakes Apple

The last time Nvidia was worth more than Apple was in 2002, five years before the first iPhone was released. At the time, both companies were worth less than $10 billion each

Nvidia becomes first chip firm to hit $3 trn in mkt value, overtakes Apple
Updated On : 07 Jun 2024 | 12:37 AM IST

Mexico death linked to bird flu strain never before seen in humans: WHO

The current risk posed by the H5N2 virus to the general public is low, according to the WHO, which said no further cases were reported after an investigation

Mexico death linked to bird flu strain never before seen in humans: WHO
Updated On : 06 Jun 2024 | 9:10 AM IST

Donald Trump quickly surpasses Prez Biden on TikTok with just one video

Trump's campaign trumpeted the contrast in a press release on Wednesday, highlighting his popularity on an app that he tried to ban four years ago while he was in office

Donald Trump quickly surpasses Prez Biden on TikTok with just one video
Updated On : 06 Jun 2024 | 8:59 AM IST

BlackRock stays bullish on Indian bonds brushing aside Modi's narrow win

India's financial markets were jolted Tuesday as results showed Modi's party losing its majority in parliament, an outcome that Moody's Ratings said may delay more far-reaching economic reforms

BlackRock stays bullish on Indian bonds brushing aside Modi's narrow win
Updated On : 06 Jun 2024 | 8:39 AM IST

Apple forges partnership with OpenAI to integrate ChatGPT into iOS

The OpenAI partnership is likely a "short- to medium-term relationship" for Apple, said Dag Kittlaus, a tech veteran who co-founded and ran the Siri business before it was acquired by Apple

Apple forges partnership with OpenAI to integrate ChatGPT into iOS
Updated On : 06 Jun 2024 | 12:56 AM IST

Diverted Nvidia chips to X, xAI as Tesla had no space to place them: Musk

Musk suggested in one of his posts Tuesday that Nvidia wouldn't be able to track all the money Tesla is spending on AI this year, writing that about half of its expenditures will be internal

Diverted Nvidia chips to X, xAI as Tesla had no space to place them: Musk
Updated On : 05 Jun 2024 | 11:26 PM IST

Meta withheld information during Instagram, WhatsApp acquisitions: US FTC

Meta said that it met all of its legal obligations during the Instagram and WhatsApp merger reviews. The FTC has failed to provide evidence to support its claims, a spokesperson said

Meta withheld information during Instagram, WhatsApp acquisitions: US FTC
Updated On : 05 Jun 2024 | 9:27 PM IST

PM Narendra Modi just learned that hype can only carry you so far

Small-town India has not seen the sort of revolution in infrastructure that cities of equivalent size in China or Southeast Asia have enjoyed over recent decades, writes Mihir Sharma

PM Narendra Modi just learned that hype can only carry you so far
Updated On : 05 Jun 2024 | 10:44 AM IST

King Charles III banknotes to enter circulation, may be rare for some time

The Bank of England said that new notes will only be printed to replace those depicting Queen Elizabeth II that are worn or to meet any rise in demand at a time when cash usage is in decline

King Charles III banknotes to enter circulation, may be rare for some time
Updated On : 05 Jun 2024 | 9:15 AM IST

Bond investors worried as weak Modi victory fans fiscal populism fears

Fiscal discipline has been a hallmark of Modi's decade-long administration, and many investors were expecting him to win a supermajority to reduce the budget deficit

Bond investors worried as weak Modi victory fans fiscal populism fears
Updated On : 05 Jun 2024 | 8:10 AM IST

Meta withheld information on Instagram, WhatsApp deals from regulators: FTC

In 2020, the antitrust agency sued Meta alleging that it monopolized the personal social networking market by buying up emerging rivals

Meta withheld information on Instagram, WhatsApp deals from regulators: FTC
Updated On : 05 Jun 2024 | 8:04 AM IST

Working to certify AI memory chips of Samsung, Micron Technology: Nvidia

Samsung has fallen well behind its smaller rival in that market, which has experienced explosive growth because the chips are used for training artificial intelligence models like ChatGPT

Working to certify AI memory chips of Samsung, Micron Technology: Nvidia
Updated On : 05 Jun 2024 | 5:18 AM IST

US court jury directs J&J to pay $260 million to baby powder user

J&J now faces more than 61,000 suits blaming talc for different types of cancers. Many of the cases have been consolidated before a federal judge in New Jersey

US court jury directs J&J to pay $260 million to baby powder user
Updated On : 04 Jun 2024 | 11:03 PM IST

No permanent ceasefire unless Hamas destroyed, says Israeli PM Netanyahu

His comments raise further questions about the three-phase peace plan laid out by Biden, which he said had been put forward by Israel

No permanent ceasefire unless Hamas destroyed, says Israeli PM Netanyahu
Updated On : 04 Jun 2024 | 7:23 AM IST

Killer turbulence makes global airlines turn to IATA's Big Data programme

Turbulence Aware was launched by IATA in 2018 to help airlines mitigate the impact of turbulence, the No. 1 cause of passenger and crew injuries in the air

Killer turbulence makes global airlines turn to IATA's Big Data programme
Updated On : 04 Jun 2024 | 7:05 AM IST

Ambani faces pushback over 5G deal from parliamentary minority in Ghana

The Ghanaian government's plan to launch a 5G network using a company partnering with Mukesh Ambani is a bad deal for the debt-ridden nation, which needs funds for critical development projects

Ambani faces pushback over 5G deal from parliamentary minority in Ghana
Updated On : 04 Jun 2024 | 6:44 AM IST

Saudi Aramco courts foreign investors with roadshows in US, London

During Aramco's 2019 initial public offering, overseas investors had largely balked at valuation expectations and left the government reliant on local buyers

Saudi Aramco courts foreign investors with roadshows in US, London
Updated On : 03 Jun 2024 | 10:36 PM IST

Pakistan's inflation slows in May, lowest in 30 months amid record rate

The slowing pace of price gains in Pakistan is in part due to the base effect of one of the fastest inflation gains in Asia last year

Pakistan's inflation slows in May, lowest in 30 months amid record rate
Updated On : 03 Jun 2024 | 12:52 PM IST

Here's why revenge travel is finally losing its appeal after three years

Travel demand is far from falling off a cliff. But there are signs that our wanderlust is downshifting from never-ending to a more normal pattern

Here's why revenge travel is finally losing its appeal after three years
Updated On : 03 Jun 2024 | 12:37 PM IST

Global airlines on track for $30 billion profit in 2024, predicts IATA

The outlook compares with the $27.4 billion in profit achieved last year, IATA said at its annual general meeting in Dubai

Global airlines on track for $30 billion profit in 2024, predicts IATA
Updated On : 03 Jun 2024 | 12:36 PM IST