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Apple set to be hit by EU antitrust order in app store fight with Spotify

EU is putting the finishing touches to a decision that would prohibit Apple's practice of blocking music services from pushing their users away from the App Store to alternative subscription options

Google offers enhanced generative AI features for cloud customers

Google Cloud clients can use Gemini to create apps such as AI-powered chatbots, easy-to-query inventory databases and marketing presentations

Elon Musk's X 2023 advertising revenue projected to slump to about $2.5 bn

X executives had originally targeted $3 billion in revenue from advertising and subscriptions in 2023, but will fall far short of that number, one of the people said

Netflix releases global viewer data on every show, film for first time

Now, the company is giving everyone - viewers, suppliers and competitors - a deeper look into what people are watching with the semiannual "What We Watched: A Netflix Engagement Report"

Israel pounds Gaza as hunger spreads, disease risk grows: Report

Residents said the shelling of Rafah, where the Israeli army this month ordered people to head for their safety, was some of the heaviest in days

Adani Group contractor probed by govt resurfaces under a new name

The contracting firm - Howe Engineering Projects (India) Pvt Ltd. - contains the core operations of a business called PMC Projects Pvt Ltd. that India's government alleged in 2014 was being used

Hackers stole about $1.7 billion this year from crypto projects: Report

Infrastructure attacks - such as private-key theft that gives hackers access to a crypto project's servers to steal funds or manipulate trades - contributed to nearly 60% of the total stolen this year

Google's Epic legal defeat threatens $200 billion app store industry

The loss - handed down by a San Francisco jury on Monday - is a blow to the two companies' business model in apps, where they charge commissions of as much as 30 per cent

NIIF-backed shadow bank considers raising $100 mn with $600 mn valuation

The Indian shadow bank aims to complete the funding round by the end of March, said another person. Deliberations are ongoing and details of the fundraising could still change

These are the best and worst cities for expats to live and work in 2023

Well, you could do worse than Vienna, Zurich or Auckland, which just bagged the top spots in global consulting firm Mercer's 2023 Quality of Living survey for expatriates

Alphabet loses Google Play Store antitrust battle with Epic Games

Epic largely lost a similar challenge to Apple Inc.'s app store two years ago and both companies have asked the US Supreme Court to review their dispute

Desperate retail investors drive India's futures and options craze

The Securities and Exchange Board of India's crackdown on social-media influencers peddling advice is a losing battle.

China's children battling pneumonia shows dangers of drug resistance

An outbreak of walking pneumonia, normally a mild infection, struck millions of children in the second half of 2023, creating Covid flashbacks and raising fears about another novel pathogen

Adani Green Energy to raise $410 million to refinance 2024 dollar bond

The refinancing plan for Adani Green's $500 million Dec. 10, 2024 bond, dated Dec. 8, fulfills a requirement laid out in the terms of the note

Rajiv Jain-led GQG's $10 billion India bet has winning picks beyond Adani

The value of India investments across six of GQG's funds jumped to $9.9 billion compared with $4.4 billion a year earlier, according to data compiled by Bloomberg

Microsoft reaches agreement on union contract terms governing its AI use

Microsoft has revamped almost its entire product lineup, including Office, Windows, search and security software, to add features based on OpenAI technology

Global trade to decline by about 5% in 2023 amid geopolitical tensions

The value of goods and services trade will reach $30.7 trillion compared with $32.2 trillion in 2022, according to the Geneva-based United Nations Conference on Trade and Development

India's potential economic growth rate likely now at 7%, estimates Axis

An economy that's growing faster than its potential would generally result in bottlenecks in supply, causing inflation to accelerate and putting pressure on the central bank to hike interest rates

HTX theft: Crypto exchange suffers a $258 million net outflow after hack

HTX said it lost $30 million worth of crypto tokens in the breach and temporarily suspended withdrawals and deposits following the attack

Canada's surging cost of living fuels reverse migration, says report

About 60% of household income is needed to cover home ownership costs