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Alphabet CEO Sundar Pichai to testify in Google Play trial on Tuesday

Epic, which makes the popular Fortnite game, plans to call Pichai on Tuesday to testify in San Francisco federal court for the trial that began Nov. 6, an Epic spokeswoman told Bloomberg News

Alphabet CEO Sundar Pichai to testify in Google Play trial on Tuesday
Updated On : 10 Nov 2023 | 7:57 AM IST

India's choking Diwali smoke billows from a failed stubble burning policy

The main focus of efforts to end the stubble-burning in recent years has been mechanization

India's choking Diwali smoke billows from a failed stubble burning policy
Updated On : 10 Nov 2023 | 7:49 AM IST

Rs 5,000 cr sovereign green bond sale to test demand amid higher rates

The debut sale in January raised 80 billion rupees, garnering a so-called greenium of six basis points over the benchmark yield

Rs 5,000 cr sovereign green bond sale to test demand amid higher rates
Updated On : 10 Nov 2023 | 7:41 AM IST

Novavax plans to slash costs by another $300 mn amid sagging demand

Novavax shares rose 3.1% at 10:26 a.m. in New York after the company's third-quarter loss per share and revenue were better than analysts expected

Novavax plans to slash costs by another $300 mn amid sagging demand
Updated On : 10 Nov 2023 | 12:15 AM IST

Disney tops profit estimates, seeks extra $2 billion in cost savings

Runaway expenses and the missing dividend were two key issues raised by activist investor Nelson Peltz, who is once again seeking board representation at the comany

Disney tops profit estimates, seeks extra $2 billion in cost savings
Updated On : 09 Nov 2023 | 11:58 PM IST

Google fails to improves products until under pressure, US argues

"We didn't know what would happen" with the choice screen, testified Ben Gomes, who was head of Google's search team at the time. "This was trying to figure out what would happen"

Google fails to improves products until under pressure, US argues
Updated On : 09 Nov 2023 | 11:41 PM IST

Picasso sells for $139 million, artist's second highest in history

Auctioneer Oliver Barker began bidding on the Picasso at $95 million, climbing quickly to $110 million in $5 million increments

Picasso sells for $139 million, artist's second highest in history
Updated On : 09 Nov 2023 | 11:11 PM IST

Russia-linked hackers claim responsibility for OpenAI outage this week

The group presents itself as a "hacktivist" gang that is waging attacks out of Africa on behalf of oppressed Muslims worldwide

Russia-linked hackers claim responsibility for OpenAI outage this week
Updated On : 09 Nov 2023 | 10:32 PM IST

Adani flagship aims big on data centers with $1.5 bn capex planned

The company is planning to build nine data centers and targeting a total capacity of 1 gigawatt by 2030

Adani flagship aims big on data centers with $1.5 bn capex planned
Updated On : 09 Nov 2023 | 5:19 PM IST

ArcelorMittal SA's Q3 profit drops as steel market demand weakens

"The company remains positive on the medium/long-term steel demand outlook," ArcelorMittal said in a statement on Thursday

ArcelorMittal SA's Q3 profit drops as steel market demand weakens
Updated On : 09 Nov 2023 | 1:25 PM IST

SoftBank Group's vision fund reports another loss of $1.7 billion

The Vision Fund segment reported a loss of ¥258.9 billion ($1.7 billion) in the September quarter, compared with a ¥1.02 trillion loss a year ago

SoftBank Group's vision fund reports another loss of $1.7 billion
Updated On : 09 Nov 2023 | 12:44 PM IST

Former WeWork CEO Adam Neumann remains billionaire despite co's bankruptcy

"It has been challenging for me to watch from the sidelines as WeWork has failed to take advantage of a product that is more relevant today than ever before," Neumann, 44, said in a statement

Former WeWork CEO Adam Neumann remains billionaire despite co's bankruptcy
Updated On : 09 Nov 2023 | 8:50 AM IST

Half of US is at risk of losing power during extreme cold, say officials

Regional system operators in a vast swath of the country stretching from Texas to New England are "at risk of insufficient electricity supplies during peak winter conditions,"

Half of US is at risk of losing power during extreme cold, say officials
Updated On : 09 Nov 2023 | 8:45 AM IST

Search payments necessary to support Android ecosystem, argues Google

The competition between Alphabet Inc.'s Google and Apple is "as intense as it gets," said Jamie Rosenberg, testifying in the search giant's defence Wednesday

Search payments necessary to support Android ecosystem, argues Google
Updated On : 09 Nov 2023 | 8:12 AM IST

Morgan Stanley's wealth business under US Fed's scrutiny over lapses

The bank's top regulator has been pressing the New York-based firm to improve its processes and controls to prevent wealthy international clients from laundering money

Morgan Stanley's wealth business under US Fed's scrutiny over lapses
Updated On : 09 Nov 2023 | 8:05 AM IST

Democrats fend off Republican sweep in win for women's right to abortion

Going into the race, Republicans held a narrow majority in the House of Delegates and had ambitions of flipping the Senate

Democrats fend off Republican sweep in win for women's right to abortion
Updated On : 09 Nov 2023 | 12:11 AM IST

India proposes slashing EV import taxes to clinch UK free trade deal

The UK's demand for import concessions on electric vehicles is one of the few outstanding issues in the free trade talks

India proposes slashing EV import taxes to clinch UK free trade deal
Updated On : 08 Nov 2023 | 11:04 PM IST

Trader loses last fight to kick out $1.8 bn UK dividend tax fraud case

Shah's lawyers had argued the claim shouldn't take place in the UK because matters of foreign tax law can't be ruled on there

Trader loses last fight to kick out $1.8 bn UK dividend tax fraud case
Updated On : 08 Nov 2023 | 6:53 PM IST

Tax windfall gives Modi govt scope to spend more on welfare schemes

The revenue windfall gives Modi's government more firepower for a populist push as voters in five states take to the polls this month and the nation gears up for general elections in 2024

Tax windfall gives Modi govt scope to spend more on welfare schemes
Updated On : 08 Nov 2023 | 1:45 PM IST

Fear of missing out grips global aviation as deal frenzy comes to Dubai

There's more to come. The Dubai Air Show kicks off next week, promising to send 2023 off with a flurry of orders for Airbus SE and Boeing Co

Fear of missing out grips global aviation as deal frenzy comes to Dubai
Updated On : 08 Nov 2023 | 11:30 AM IST