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Meta chief Zuckerberg asks for patience after AI push irks investors

After Meta revealed that it will spend billions of dollars more than expected this year - fueled by investments in artificial intelligence - the company's CEO did his best to soothe Wall Street

President Biden's campaign plans to stay on TikTok despite divestment law

TikTok has more than 170 million American users, according to the company. The platform has a significant number of Gen-Z and millennial voters, crucial voting blocs for Democrats

Mamaearth parent bets on Made-for-India goods in fastest-growing beauty mkt

Honasa's products are made with India's tropical weather and cultural nuances in mind, Alagh said. That's where we have an edge, he said

KKR bets on domestic consumption story, private credit in India push

KKR has deployed about $11 billion in India over almost two decades, where it has invested in companies across healthcare, life sciences, technology services and consumer-focused sectors

KKR said to consider $1 billion acquisition of Healthium Medtech: Report

Apax Partners, which bought Healthium in 2018, has been working with advisers to gauge interest in the business, the people said

US ban on TikTok looms with Biden poised to start 270-day countdown

Under the bill, Biden has the option to extend that deadline by an additional 90 days if he sees progress toward a sale. That would push a possible ban well into the next presidential term

Tesla planning to cut more than 6,000 jobs across Texas, California

Tesla also revealed plans to lay off 3,332 employees across multiple sites in California, according to separate WARN notices filed in that state

Global investors sell Unilever India stock as sales growth falters

The decline in Hindustan Unilever shares this year has helped improve its multiples. The stock is currently trading at 46 times its forward earnings, below its five-year average of about 54 times

China's fake-fashion retailers thrive on TikTok, Reddit and Discord

In a video posted to his TikTok channel and viewed by nearly 2 million people, King unwrapped £2,000 (​​$2,488) worth of seemingly high-end Nike shoes, new in their boxes

Google postpones plan to phase out advertisement cookies in Chrome browser

Google said it hopes to eliminate third-party cookies early next year, provided it can come to an agreement with regulators

Lok Sabha polls: Can India hold elections when it is too hot to vote?

The world's largest democracy is only going to struggle more with this as the planet warms. It will have to overhaul its hulking electoral machinery to keep up.

Lok Sabha polls: PM Modi's path to 400-seat goal runs through South, East

Modi has set sights on the ruling coalition, the National Democratic Alliance, or NDA, exceeding 400 out of 543 seats in the lower house of parliament after votes are counted on June 4

Elon Musk loses Australia court hearing over Sydney knife attack posts

In a hearing Monday night in Sydney, the Federal Court of Australia ordered X must hide all recordings of a terrorist attack at a church in the city on April 15 until Wednesday

Donald Trump's immunity gambit at Supreme Court: A delay is still victory

The dynamic underscores the power the court and its three Trump-appointed members have over his fate

Finance still too costly and clubby. Can 'finternet' help in cutting costs?

Tokenisation, or the process of converting traditional securities into their digital copies, might bring a $22 trn market in alternative assets within reach of a liquidity-constrained middle class

Arcelormittal Nippon Steel India in talks for $1 bn loan to fund growth

The steel firm had earlier held loan negotiations with a few other lenders but they couldn't agree on the cost of funding, said the people

Israeli military intelligence chief Haliva resigns over Oct 7 failure

Aharon Haliva, head of military intelligence, handed in his resignation after 2 1/2 years in the role, the Israel Defense Forces said in a statement Monday

Jane Street's $1 billion trade puts spotlight on Indian derivatives market

Despite the risks, the allure of India's market potential remains strong for both domestic and foreign market makers

India averts travel chaos as plane technicians call off Tuesday strike

Travel plans were thrown into disarray earlier this month after Vistara, jointly owned by Air India's owner Tata Group and Singapore Airlines Ltd., was forced to cancel more than 100 flights

TikTok braces for US divest-or-ban law as it gears up for fresh legal fight

That action would be an unprecedented move by Congress to use legislation to threaten the ban of a large consumer technology platform