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US SEC investigates whether OpenAI investors were misled, says WSJ

The SEC's probe may not lead to any finding of wrongdoing by the parties involved. OpenAI selected two lawyers from the firm WilmerHale to conduct its investigation into the events

US SEC investigates whether OpenAI investors were misled, says WSJ
Updated On : 29 Feb 2024 | 10:16 PM IST

India looks elsewhere for oil as latest US sanctions crimp Russia trade

India's refiners are keen to take more Russian oil, but there would need to be US approval for buying to ramp up again, the executives said, asking not to be identified because the information is priv

India looks elsewhere for oil as latest US sanctions crimp Russia trade
Updated On : 29 Feb 2024 | 3:02 PM IST

Sony withdraws agreement to merge India operations with Zee from NCLT

While the court filings officially bring the curtain down on the long-drawn saga that was beset by delays, drama over who'll lead the merged entity and a regulatory probe on Zee's founders

Sony withdraws agreement to merge India operations with Zee from NCLT
Updated On : 29 Feb 2024 | 12:52 PM IST

Meta hit with European complaints over data for FB, Instagram targeted ads

The groups claim this violates the European Union's General Data Protection Regulation, or GDPR, which allows fines as high as 4 per cent of annual revenue for the most serious infractions

Meta hit with European complaints over data for FB, Instagram targeted ads
Updated On : 29 Feb 2024 | 12:01 PM IST

US Moon lander Odysseus fades into darkness after historic mission

The spacecraft, nicknamed Odysseus, gathered "so much data and information and science," Altemus said. "It's just an incredible testament to how robust...that little spacecraft is."

US Moon lander Odysseus fades into darkness after historic mission
Updated On : 29 Feb 2024 | 8:57 AM IST

US Justice Department looking into Boeing midair blowout last month

If prosecutors determine that the door plug blowout constitutes a breach of that agreement, then Boeing could face criminal liability, the person said.

US Justice Department looking into Boeing midair blowout last month
Updated On : 29 Feb 2024 | 8:34 AM IST

Pakistan's army still firmly in command despite national election rebuke

The military, which has ruled Pakistan directly or indirectly for most of its modern history, is set to make all important decisions on foreign policy and security for the country's new government

Pakistan's army still firmly in command despite national election rebuke
Updated On : 29 Feb 2024 | 8:30 AM IST

Modi govt trying to boost space startups in bid to close gap with China

"Everything will be defined: What can be done, what restrictions there will be, authorization processes, vendor policy, supply chain management and other factors," Goenka said in an interview

Modi govt trying to boost space startups in bid to close gap with China
Updated On : 29 Feb 2024 | 8:30 AM IST

Illinois becomes 3rd state to remove Donald Trump from state ballot

"This is an unconstitutional ruling that we will quickly appeal," Trump spokesman Steven Cheung said in a statement.

Illinois becomes 3rd state to remove Donald Trump from state ballot
Updated On : 29 Feb 2024 | 7:53 AM IST

Biden, Trump win in Michigan primaries, edging closer to 2024 rematch

Trump easily defeated his final major challenger, Nikki Haley, according to the Associated Press and other news organizations

Biden, Trump win in Michigan primaries, edging closer to 2024 rematch
Updated On : 29 Feb 2024 | 12:26 AM IST

Elon Musk hypes up Tesla Roadster again after half decade of delay

The billionaire said in a series of posts on X that the car will be a collaboration between Tesla Inc. and Space Exploration Technologies Corp

Elon Musk hypes up Tesla Roadster again after half decade of delay
Updated On : 29 Feb 2024 | 12:09 AM IST

India slowly gaining electronics export market foothold from China: Study

The impact is most pronounced in the UK and US, where geopolitical tensions with China have increased in recent years

India slowly gaining electronics export market foothold from China: Study
Updated On : 29 Feb 2024 | 12:09 AM IST

Hong Kong ups salaries tax for high earners to 16% to tackle fiscal deficit

A two-tier tax system will be introduced from April, with income of up to HK$5 million ($640,000) taxed at a maximum of 15%, and anything higher than that being taxed at 16%

Hong Kong ups salaries tax for high earners to 16% to tackle fiscal deficit
Updated On : 29 Feb 2024 | 12:08 AM IST

Canada sells first bond worth $3 bn in program that allows nuclear finance

The 10-year bonds have a 3.5% coupon and yield half a basis point less than Canadian government debt due in December 2033

Canada sells first bond worth $3 bn in program that allows nuclear finance
Updated On : 29 Feb 2024 | 12:08 AM IST

China's Country Garden gets winding-up petition in Hong Kong from creditor

The first hearing date is scheduled for May 17 at Hong Kong's High Court, after Ever Credit Ltd. filed its so-called winding-up petition dated Tuesday

China's Country Garden gets winding-up petition in Hong Kong from creditor
Updated On : 29 Feb 2024 | 12:08 AM IST

South Korea keeps shattering own record for world's lowest fertility rate

The number of babies expected per woman in a lifetime fell to 0.72 last year from 0.78 in 2022, according to data released Wednesday by South Korea's national statistics office

South Korea keeps shattering own record for world's lowest fertility rate
Updated On : 29 Feb 2024 | 12:07 AM IST

PE firm KKR considers selling controlling stake in JB Pharma: Report

The US private equity firm is looking to hire financial advisers to help evaluate a sale of its 53.8% stake in the Mumbai-based company, the people said

PE firm KKR considers selling controlling stake in JB Pharma: Report
Updated On : 28 Feb 2024 | 11:49 PM IST

Artificial intelligence chatbots not ready for election prime time: Study

All of the models performed poorly. The results found that just over half of the answers given by all of the models were inaccurate and 40% were harmful

Artificial intelligence chatbots not ready for election prime time: Study
Updated On : 28 Feb 2024 | 10:41 PM IST

He should get 6 years in jail, pay back nothing: Sam Bankman's lawyer

Attorneys for the 31-year-old former crypto mogul made their recommendation to US District Judge Lewis A. Kaplan in a 98-page memo late Tuesday ahead of his March 28 sentencing

He should get 6 years in jail, pay back nothing: Sam Bankman's lawyer
Updated On : 28 Feb 2024 | 9:08 PM IST

Citigroup's new hire Raghavan - a no nonsense, hard-charging dealmaker

After four years co-running JPMorgan's global investment banking franchise, Raghavan, 57, is now set to take over Citigroup's entire Wall Street operation

Citigroup's new hire Raghavan - a no nonsense, hard-charging dealmaker
Updated On : 28 Feb 2024 | 3:09 PM IST