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After decade-long odyssey, Apple to wind down its electric car effort

The Apple car team also has several hundred hardware engineers and vehicle designers. It's possible they will be able to apply for jobs on other Apple teams

Apple meets DOJ antitrust chief in last-ditch bid to avoid expected suit

Apple's App Store, which charges developers a commission of either 15% or 30%, has come under heavy criticism by developers and lawmakers

Red Sea attacks add urgency to alternate Mideast trade route: Govt

India has taken the first steps with the UAE to begin work on the India-Middle East-Europe Economic Corridor, or IMEC, Sunjay Sudhir said in an interview in Abu Dhabi

Google CEO Pichai blasts 'unacceptable' Gemini image generation failure

Teams are now working around the clock to rectify the issues, Pichai wrote in his note, reviewed by Bloomberg News

Adani holds Singapore meeting for first dollar bond since Hindenburg crisis

An executive arrived at an office tower overlooking the city state's Marina Bay in a black van on Wednesday, the first stop on a tour of international financial hubs to win over buyers

Bumble to cut 350 jobs, plans overhaul in bid to revive slowing user growth

Bumble had more than 950 full-time employees at the end of 2022, of which about 770 are located outside of the US, according to a separate filing

India's EV revolution is spreading from auto rickshaws to motorbikes

The place where road transport is shifting most rapidly to battery power isn't Oslo or Shenzhen, but Delhi. E-rickshaws took a 54% share of India's three-wheeler market last year

World economy has growing chance of pulling off soft landing: G20

The statement reflects a relatively upbeat view of a global economy that's struggled in recent years to overcome the impact of the pandemic, soaring inflation and a sharp increase in interest rates

Alibaba leads largest financing deal to mint $2.5 billion China AI firm

Alibaba joins Tencent Holdings Ltd. and Silicon Valley peers like Microsoft Corp. in placing big bets on generative AI, the technology that powers ChatGPT

Abu Dhabi's $238 bn International Holding adds AI-powered observer to board

The virtual entity - Aiden Insight - will take an observer seat on the board of IHC, which is the largest listed firm in the United Arab Emirates

Debt-addicted cos turn towards selling equity as interest costs skyrocket

Late last year, the chief financial officer at Myriad Genetics Inc. took a different tack, one the DNA-testing company hadn't seriously considered in over 16 years - selling shares

Microsoft's GitHub offers companies souped-up premium AI coding tool

GitHub, which lets programmers collaborate on coding projects, has been infusing AI into products and services in an effort to attract more subscribers

Grayscale's Bitcoin ETF exodus reaches $7.4 bn in first 30 trading days

That stands in contrast to the other nine freshly launched spot Bitcoin ETFs, all of which are sitting on net inflows since trading began

Keeping interest rates too high could stifle growth: RBI's Jayanth Varma

Jayanth Varma, an external member on the six-person monetary policy committee, voted for a quarter-point cut at the Feb. 8 policy meeting

Apple and Tesla veterans plan to help Japan design advanced AI chips

Tenstorrent, led by Tesla Inc. and Apple Inc. veteran Jim Keller, will license its design for part of Japan's artificial intelligence accelerator and also co-design the overall chip, the two sides ann

India closes in on trade deal with Oman as Mideast ties strengthen

The two sides started talks on the trade pact just three months ago, and their haste in completing the deal shows Prime Minister Modi's determination in building stronger links with the Middle East

US judge calls Google playstore's $700 million settlement bad for customers

The lawsuits threatened billions of dollars in revenue generated by the sale and distribution of apps through Google Play

Berkshire Hathaway's march toward $1 trillion value stalls on results

The Omaha, Nebraska-based firm posted higher operating earnings, which briefly boosted a stock that's been been crawling toward the trillion-dollar club since it notched an all-time high last year

Online travel firm Expedia to eliminate 1,500 jobs as its growth moderates

The company and its online travel peers such as Airbnb Inc. and Booking Holdings are contending with moderating travel growth

Zee saga: Sony's spurned target shows pitfalls of tempting Indian M&A

To foreign investors, the Sony-Zee saga is a reminder of the need to approach Indian deals with an abundance of caution