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Apple cancels project to build Mac-connected augmented reality glasses

The now-canceled product would have looked like normal glasses but include built-in displays and require a connection to a Mac

Apple cancels project to build Mac-connected augmented reality glasses
Updated On : 01 Feb 2025 | 7:43 AM IST

Trump's tech buddies won't escape US scrutiny, warns Texas Attorney General

Trump realises they are a big part of our economy, how they perform matters, said Paxton

Trump's tech buddies won't escape US scrutiny, warns Texas Attorney General
Updated On : 01 Feb 2025 | 7:09 AM IST

JPMorgan's Sippel departs for Rokos; Pranav Thakur named markets chief

At JPMorgan, Thakur will take on his expanded role immediately, according to the bank's memo from commercial and investment bank co-heads Troy Rohrbaugh and Doug Petno

JPMorgan's Sippel departs for Rokos; Pranav Thakur named markets chief
Updated On : 31 Jan 2025 | 11:07 PM IST

Apple's revenue forecast reassures investors after mixed holiday results

Revenue from China plunged 11 per cent to $18.5 billion in the fiscal first quarter, which ended Dec 28. Analysts had anticipated a gain to $21.6 billion

Apple's revenue forecast reassures investors after mixed holiday results
Updated On : 31 Jan 2025 | 10:54 PM IST

Trump's offensive against diversity, equity puts Powell's Fed on defensive

After Trump issued an executive order on Jan. 20 ending DEI programs across the federal government, the Fed took down pages on its website dedicated to diversity and inclusion

Trump's offensive against diversity, equity puts Powell's Fed on defensive
Updated On : 31 Jan 2025 | 10:41 PM IST

President Putin allows Goldman Sachs to sell its business in Russia

Putin permitted Balchug Capital to buy the division, according to a decree he signed

President Putin allows Goldman Sachs to sell its business in Russia
Updated On : 31 Jan 2025 | 5:59 PM IST

Donald Trump raised millions from crypto firms for his inauguration

Coinbase Inc., Crypto.com, Galaxy Digital, Paradigm Operations and Payward Inc., better known as Kraken, each gave $1 million

Donald Trump raised millions from crypto firms for his inauguration
Updated On : 31 Jan 2025 | 8:55 AM IST

Pentagon workers used DeepSeek's chatbot for days before block: Official

The move came after defence officials raised concerns that Pentagon workers were using the tool, the person said

Pentagon workers used DeepSeek's chatbot for days before block: Official
Updated On : 31 Jan 2025 | 8:49 AM IST

Donald Trump threatens Tesla revenue stream that's never been bigger

The revenue in question comes from the regulatory credits Tesla generates by selling EVs, which comply with increasingly stringent pollution standards governments have set around the world

Donald Trump threatens Tesla revenue stream that's never been bigger
Updated On : 31 Jan 2025 | 8:36 AM IST

DeepSeek will barely dent 'magnificent seven' stocks, shows survey

Of the 260 respondents, 88% said the debut of the startup's latest model - which wiped $784 billion from the S&P 500 on Monday - will have little to no impact on the shares of US technology behemoths

DeepSeek will barely dent 'magnificent seven' stocks, shows survey
Updated On : 31 Jan 2025 | 8:27 AM IST

Donald Trump barrels toward tariff showdown with Canada, Mexico, and China

Whatever Trump decides sets the stage for a separate review aimed at China, as well as Canada and Mexico, that could tee up even more tariffs as soon as April

Donald Trump barrels toward tariff showdown with Canada, Mexico, and China
Updated On : 31 Jan 2025 | 7:34 AM IST

DeepSeek's AI restricted by 'hundreds' of companies amid concerns over leak

Chief among those worries is the fact that DeepSeek states in its own privacy terms that it collects and stores data in servers in China

DeepSeek's AI restricted by 'hundreds' of companies amid concerns over leak
Updated On : 31 Jan 2025 | 7:12 AM IST

Fed has done terrible job on banking regulation, says Donald Trump

Trump commented after the Federal Open Market Committee voted unanimously to keep the federal funds rate in a range of 4.25%-4.5%

Fed has done terrible job on banking regulation, says Donald Trump
Updated On : 30 Jan 2025 | 11:55 PM IST

Trump blames diversity, inclusion programmes for jet-chopper collision

The remarks immediately politicised the most deadly US commercial airline accident in over a decade even as Trump flatly and repeatedly said that he didn't know the cause of the disaster

Trump blames diversity, inclusion programmes for jet-chopper collision
Updated On : 30 Jan 2025 | 11:53 PM IST

Tesla reassures investors with growth pledge, to begin robotaxi rollout

Tesla plans to launch its autonomous ride-hailing service in Austin in June and then in other cities by the end of the year

Tesla reassures investors with growth pledge, to begin robotaxi rollout
Updated On : 30 Jan 2025 | 11:50 PM IST

China's big EV push into Europe fizzles out on EU tariffs and slowdown

Brands led by SAIC Motor Corp.'s MG registered 3.5 per cent fewer EVs in the region for all of 2024, according to data from automotive researcher Dataforce

China's big EV push into Europe fizzles out on EU tariffs and slowdown
Updated On : 30 Jan 2025 | 12:26 PM IST

Why Chinese tech firm DeepSeek's 'Open AI' should terrify Sam Altman

DeepSeek was founded by a hedge fund entrepreneur named Liang Wenfeng, who pulled together his former employees and dozens of Ph.D. graduates from Chinese universities to try and build human-level AI

Why Chinese tech firm DeepSeek's 'Open AI' should terrify Sam Altman
Updated On : 30 Jan 2025 | 12:22 PM IST

Rupee pain starts to show as nation's top airline IndiGo takes a hit

A few smaller companies have also announced currency-related losses, with more expected as the earnings season progresses

Rupee pain starts to show as nation's top airline IndiGo takes a hit
Updated On : 30 Jan 2025 | 9:23 AM IST

Vodafone plans rollout of Starlink rival AST to connect remote areas

The technology will provide people in areas with poor mobile signal with 4G or 5G connectivity beamed straight from satellites connected to Vodafone's core network

Vodafone plans rollout of Starlink rival AST to connect remote areas
Updated On : 30 Jan 2025 | 9:05 AM IST

Elon Musk blames Don Lemon's 'invasive' interview for cancelling show on X

Now Musk is trying to get Lemon's lawsuit dismissed in California Superior Court, arguing that the relationship between X and Lemon 'went sour' after the interview

Elon Musk blames Don Lemon's 'invasive' interview for cancelling show on X
Updated On : 30 Jan 2025 | 9:00 AM IST