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Apple apologises for its latest iPad Pro ad, scraps plan to air it on TV

Others said the advertisement didn't bode well for Apple in the age of artificial intelligence and as regulators look to break up key properties like the App Store

Apple apologises for its latest iPad Pro ad, scraps plan to air it on TV
Updated On : 10 May 2024 | 10:24 PM IST

Microsoft to launch own mobile-game store, to compete with Apple, Google

Sarah Bond says the store is launching on the web, versus an app, so it's accessible across all devices, all countries, no matter what, independent of the policies of closed ecosystem stores.

Microsoft to launch own mobile-game store, to compete with Apple, Google
Updated On : 10 May 2024 | 10:23 PM IST

US SEC investigates Boeing's safety claims after panel blew off plane

The probe adds to legal headaches for Boeing, whose stock has lost about one third of its value in 2024

US SEC investigates Boeing's safety claims after panel blew off plane
Updated On : 10 May 2024 | 8:27 AM IST

India's inclusion in bond index on track, most clients ready, says JPMorgan

The difficulty in setting up to trade in India due to an elaborate documentation process has been one reason why foreign investors have been apprehensive about the nation's entry into global indexes

India's inclusion in bond index on track, most clients ready, says JPMorgan
Updated On : 10 May 2024 | 6:46 AM IST

Amazon's new fees on sellers likened to 'kick in the gut': Report

In the first four months of the year, American consumers have increasingly opted for the least expensive products in nearly all categories, according to a report released Thursday by Adobe Inc

Amazon's new fees on sellers likened  to 'kick in the gut': Report
Updated On : 10 May 2024 | 12:34 AM IST

Jeff Bezos, Mark Zuckerberg lead Magnificent Seven insider stock sales

The moves underscore how Silicon Valley insiders are monetizing their holdings after tech stocks rallied to fresh records, rebounding from a 2022 slump caused by accelerating inflation, rate hikes

Jeff Bezos, Mark Zuckerberg lead Magnificent Seven insider stock sales
Updated On : 09 May 2024 | 7:13 PM IST

Tesla ramps up job cuts in China as sales slowdown bites, many depts hit

It's unclear how many people will be affected and what impact it may have on Tesla's China operations

Tesla ramps up job cuts in China as sales slowdown bites, many depts hit
Updated On : 09 May 2024 | 2:43 PM IST

WhatsApp: Banned in China, Meta's messaging app now working for some users

Users of the Meta Platforms Inc. service in Beijing and Shanghai, who normally employ workarounds like a virtual private network to get on the service, are using it normally

WhatsApp: Banned in China, Meta's messaging app now working for some users
Updated On : 09 May 2024 | 1:52 PM IST

Putin's next target after Ukraine may be Nato's Latvia, Lithuania, Estonia

With the addition this year of Sweden and last spring of Finland to the North Atlantic Treaty Organisation, the Baltic Sea has been dubbed a 'Nato lake' by some analysts

Putin's next target after Ukraine may be Nato's Latvia, Lithuania, Estonia
Updated On : 09 May 2024 | 10:58 AM IST

JPMorgan's inclusion of Indian bonds into index to aid private credit mkt

Once the change takes effect on June 28, it will be easier to compare the performance of an Indian credit fund with an investment in Singapore, Korea or the US, said the head of BPEA Credit

JPMorgan's inclusion of Indian bonds into index to aid private credit mkt
Updated On : 09 May 2024 | 7:51 AM IST

Implant had mechanical issues after first human surgery, says Neuralink

Neuralink said it compensated for that retraction through a series of software fixes, which produced a rapid and sustained improvement that has now superseded Noland's initial performance.

Implant had mechanical issues after first human surgery, says Neuralink
Updated On : 09 May 2024 | 7:24 AM IST

Tesla board vows not to move Musk's $56 bn pay package court fight to Texas

Musk called for Tesla to move its corporate home to Texas after Delaware Chancery Judge Kathaleen St. J. McCormick in January rescinded his pay package over director conflicts of interest

Tesla board vows not to move Musk's $56 bn pay package court fight to Texas
Updated On : 09 May 2024 | 7:16 AM IST

India leads first Asia high-yield dollar bond sales rise in five years

Regional sales of such corporate notes, outside of Japan, touched $5.6 billion so far this year, already surpassing $4.4 billion in all of 2023, according to Bloomberg-compiled data

India leads first Asia high-yield dollar bond sales rise in five years
Updated On : 09 May 2024 | 7:07 AM IST

US chip production capacity may treble by 2032, says industry group

The Washington-based SIA, which lobbied hard for the Chips Act, is eager to show that the legislation is paying off. It also wants the government to devote more funding to the cause

US chip production capacity may treble by 2032, says industry group
Updated On : 08 May 2024 | 11:13 PM IST

K M Birla's Hindalco Industries mulls seeking $1.2 bn in Novelis IPO

Hindalco may target a valuation of about $18 billion for Atlanta-based Novelis, the people said, asking not to be identified because the matter is private

K M Birla's Hindalco Industries mulls seeking $1.2 bn in Novelis IPO
Updated On : 08 May 2024 | 10:31 PM IST

Best form of search will involve combination of narrative answers: Pichai

Pichai is playing the long game, and says Google-which dominates key real estate on the web-has plenty of time to win

Best form of search will involve combination of narrative answers: Pichai
Updated On : 08 May 2024 | 9:41 PM IST

N Korea's propaganda mastermind who shaped the image of leaders dies at 94

Kim Ki Nam helped forge the cult of personality for the family dynasty that has ruled N Korea since its founding in the Cold War

N Korea's propaganda mastermind who shaped the image of leaders dies at 94
Updated On : 08 May 2024 | 9:02 AM IST

Indian Rupee likely to rebound to 82 per dollar on bond inflows: Fitch

The rupee is expected to appreciate to 82 per dollar by the year-end, from about 83.50 currently, said Jeremy Zook who is a director at Fitch in Hong Kong

Indian Rupee likely to rebound to 82 per dollar on bond inflows: Fitch
Updated On : 08 May 2024 | 8:36 AM IST

University of Chicago removes pro-Palestinian encampments without arrests

Turmoil on campuses began after the Oct 7 attack on Israel by Hamas, which is designated a terrorist organisation by the US, and the Jewish state's retaliatory response in Gaza

University of Chicago removes pro-Palestinian encampments without arrests
Updated On : 08 May 2024 | 8:10 AM IST

OpenAI readying search product to potentially rival Google, Perplexity

The feature would allow users to ask ChatGPT a question and receive answers that use details from the web with citations to sources such as Wikipedia entries and blog posts

OpenAI readying search product to potentially rival Google, Perplexity
Updated On : 08 May 2024 | 7:54 AM IST