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India closer to agreement with Tesla to import EVs, set up facility

Tesla would commit an initial minimum investment in any plant of around $2 billion and would look to increase purchases of auto parts from the nation to as much as $15 billion

OpenAI investors consider suing board after CEO's abrupt firing: Reports

OpenAI said OpenAI said it's in "intense discussions" to unify the company after another tumultuous day that saw most employees threaten to quit if Sam Altman doesn't return as chief executive officer

Elon Musk's X sues Media Matters for America over its pro-Nazi content link

"Media Matters designed both these images and its resulting media strategy to drive advertisers from the platform and destroy X Corp.," the company said

OpenAI's founder Sam Altman exposes the charade of AI accountability

As attempted coups go, what happened at OpenAI was a colossal failure

Insider selling sparks bullish signal in distorted Indian stock market

By reducing their stakes in companies they founded or manage, insiders are creating space for local and foreign institutional investors to amass kind of sizable positions

Thrive-led OpenAI investors try to bring back Altman to leadership role

Microsoft Chief Executive Officer Satya Nadella and other investors spent Saturday and Sunday trying to get Altman and former OpenAI President Greg Brockman rehired

White House opens accounts for Prez Biden, VP Harris on Meta's Threads

A White House spokeswoman, Robyn Patterson, said the reason for the move is because "we are committed to meeting people where they are."

Microsoft hires ousted CEO Sam Altman, OpenAI stares at mass exodus

He, along with Brockman, to lead a new AI research team; 500 OpenAI staffers threaten to quit unless board resigns

Israeli vessel's capture reignites fears over West Asia shipping

Ships have often been caught up in the tensions between various groups in West Asia, at times disrupting flows of energy and other goods

US seeks over $4 billion from crypto exchange Binance to end criminal case

The US Justice Department has been investigating Binance for allegedly aiding in the evasion of US sanctions against Iran and Russia

Kumar Mangalam Birla's carbon black unit to raise $1.5 billion loan: Report

Proceeds from the sale will used mainly to refinance existing debt, with a smaller portion set aside to fund expansion, people familiar with the matter said

X's CEO Yaccarino acknowledges that some advertisers have paused spending

X faced a widespread backlash on Friday after Musk agreed with a post that said Jewish people hold a "dialectical hatred" of White people. "You have said the actual truth," Musk responded

Oil advances above $81 a barrel as Opec+ likely to go for deeper cuts

With inventories swelling in the US and timespreads signaling weaker conditions, hedge funds have slashed their bets on oil to the least bullish in 20 weeks

Shell paid net corporate taxes in UK for 1st time in years on windfall levy

Last year, the company paid $40.5 million in tax from a UK profit of $1.81 billion, according to its annual tax-contribution report

Xiaomi posts first sales rise in almost two years as phone market firms

The recent launch of a well-received line of flagship Xiaomi 14 phones could rejuvenate growth during the holidays in China, despite an uncertain consumer economy

Elon Musk defends himself on social media after antisemitic furore deepens

The backlash erupted last week after the billionaire Tesla Inc. chief and X-owner agreed with a post that said Jewish people hold a "dialectical hatred" of white people

OpenAI leaders' efforts to bring back Altman reach impasse over board role

Altman, who was fired Friday, is open to returning but wants to see governance changes, including the removal of existing board members

Football injuries cost leading leagues $767 mn in Qatar World Cup Season

In Premier League, Manchester United, Nottingham Forest and Chelsea suffered most injuries last season. Champions Manchester City had fewer injuries than any other club that finished in top eight

Australia beat India to win the Cricket World Cup final, upsetting bettors

In Australia, Sportsbet was offering 2.9 times the amount for an Australia win as of Friday, more than twice the payout for an India win at 1.4 times

Doomed mission behind Sam Altman's shocking firing from OpenAI by board

At the event on Nov. 6, Altman made a number of announcements that infuriated Sutskever and people sympathetic to his point of view, the source said