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Apple removes WhatsApp, Threads from its China App Store on Beijing request

US politicians have cited national security concerns in their push to force the company to either sell TikTok to a non-Chinese owner or face a ban in the US market

Apple removes WhatsApp, Threads from its China App Store on Beijing request
Updated On : 19 Apr 2024 | 10:29 PM IST

Originals, steps against password sharing help Netflix add 9.33 mn users

Despite the growth, Netflix shares were down 4.6% to $582.70 at 6:03 pm New York time. They were up 25% this year through the close of regular trading Thursday

Originals, steps against password sharing help Netflix add 9.33 mn users
Updated On : 19 Apr 2024 | 10:14 PM IST

Sundar Pichai consolidates teams to create AI products faster at Google

The changes, Pichai wrote, 'will help us work with greater focus and clarity toward our mission'

Sundar Pichai consolidates teams to create AI products faster at Google
Updated On : 19 Apr 2024 | 3:09 PM IST

Economic management: The one thing Biden could learn from PM Modi

While India's economy might be posting impressive growth numbers, employment and wages haven't kept up

Economic management: The one thing Biden could learn from PM Modi
Updated On : 19 Apr 2024 | 8:27 AM IST

Jury chosen in Trump's hush-money case, and other trial takeaways

Trump, who faces three other criminal prosecutions, denies wrongdoing and claims the cases are part of a political 'which hunt' against him

Jury chosen in Trump's hush-money case, and other trial takeaways
Updated On : 19 Apr 2024 | 7:47 AM IST

Rocket assault on Israeli military site by Lebanon's Hezbollah wounds six

The assault, which Hezbollah said was a response to Israel killing a number of its fighters, comes as the Jewish state weighs a response to Iran's missile and drone strikes on Saturday night

Rocket assault on Israeli military site by Lebanon's Hezbollah wounds six
Updated On : 19 Apr 2024 | 12:09 AM IST

Nvidia, Chip stocks drop into technical correction as rate bets shift

The Philadelphia Semiconductor Index and Nvidia dropped more than 3% each Wednesday, pushing them down more than 10% from record high levels reached in March

Nvidia, Chip stocks drop into technical correction as rate bets shift
Updated On : 19 Apr 2024 | 12:02 AM IST

100 scientists spend two years renaming viruses after Covid mistakes

Airborne viruses will be called "pathogens that transmit through the air" under new terminology the World Health Organization hopes will end a scientific rift that hampered early response to Covid 19

100 scientists spend two years renaming viruses after Covid mistakes
Updated On : 18 Apr 2024 | 11:56 PM IST

Google fires 28 employees protesting against $1.2 bn Israeli contract

Google told the affected employees that it's keeping this matter as confidential as possible, only disclosing information on a need to know basis

Google fires 28 employees protesting against $1.2 bn Israeli contract
Updated On : 18 Apr 2024 | 11:28 PM IST

Fed Chair Powell's US rates warning means headache for rest of the world

China doesn't have such inflation worries, but rise in the premium of US 10-year government bond yields over their Chinese equivalents to a record high has sparked concerns over depreciation of yuan

Fed Chair Powell's US rates warning means headache for rest of the world
Updated On : 18 Apr 2024 | 3:47 PM IST

Climate change to cause $38 trn yearly damage to global economy by 2049

The paper uses data from more than 1,600 regions worldwide over the past 40 years to assess future impacts of a warmer planet on economic growth

Climate change to cause $38 trn yearly damage to global economy by 2049
Updated On : 18 Apr 2024 | 3:46 PM IST

What Elon Musk's pay package vote means for his $174 billion fortune

Tesla's 2024 proxy statement, filed Wednesday, asks shareholders to approve the same 2018 compensation package for its chief executive officer that was rejected by Delaware court

What Elon Musk's pay package vote means for his $174 billion fortune
Updated On : 18 Apr 2024 | 7:36 AM IST

Micron set to get over $6 bn in chips' grants in announcement next week

After the preliminary agreement is announced, Micron would enter months of due diligence and then receive the money in tranches tied to project-specific benchmarks

Micron set to get over $6 bn in chips' grants in announcement next week
Updated On : 18 Apr 2024 | 7:03 AM IST

Ashmore Group counters consensus with big bet on China over India

China's economic growth is expected to trail India's for at least the next two years, according to economists' forecasts on Bloomberg

Ashmore Group counters consensus with big bet on China over India
Updated On : 18 Apr 2024 | 12:28 AM IST

Asian stock markets slide as Federal Reserve dithers on rate cuts

The MSCI Asia Pacific Index fell as much as 0.4% Wednesday before paring losses, with consumer discretionary and industrials among the biggest drags

Asian stock markets slide as Federal Reserve dithers on rate cuts
Updated On : 18 Apr 2024 | 12:27 AM IST

Bitcoin briefly drops below $60,000 ahead of halving software adjustment

The original digital asset fell as much as 5% to $59,888, before paring the decline. Bitcoin has dropped by about 18% since it reached a record $73,797 on March 14

Bitcoin briefly drops below $60,000 ahead of halving software adjustment
Updated On : 17 Apr 2024 | 11:45 PM IST

Morgan Stanley borrowing $8 bn in bank bond, after reporting higher revenue

Morgan Stanley's trading and wealth units' revenue cruised past analysts' estimates, following blowout earnings from peer Goldman Sachs Group Inc

Morgan Stanley borrowing $8 bn in bank bond, after reporting higher revenue
Updated On : 17 Apr 2024 | 11:42 PM IST

China kicks off anti-graft inspections of financial regulators, banks

China's biggest state-owned lenders, led by Industrial & Commercial Bank of China Ltd., as well as the main bourses in Shanghai and Shenzhen will also be inspected, according to the report

China kicks off anti-graft inspections of financial regulators, banks
Updated On : 17 Apr 2024 | 11:07 PM IST

Israel-Iran conflict: Saudi, UAE warn of dangers of war spreading in region

Israel is weighing a response to what was the first attack on the Jewish state from Iranian soil

Israel-Iran conflict: Saudi, UAE warn of dangers of war spreading in region
Updated On : 17 Apr 2024 | 11:01 PM IST

Saudi' Arabia's Neom hunts for more cash for $1.5 trillion desert city

Neom recently secured a 10 billion-riyals loan from a group of Saudi banks, according to two other people familiar with the deal

Saudi' Arabia's Neom hunts for more cash for $1.5 trillion desert city
Updated On : 17 Apr 2024 | 10:58 PM IST