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Apple releases software update to fix overheating bug in iPhone 15 Pro line

Despite speculation to the contrary, the company said the software update won't slow down the iPhone 15 Pro's new A17 Pro chip

Apple releases software update to fix overheating bug in iPhone 15 Pro line
Updated On : 05 Oct 2023 | 12:00 AM IST

One in three Indian investment advisors are not registered, says Sebi

The comments from Buch, the first woman to head India's markets regulator, come as the south Asian country continues to see an unprecedented retail investing boom

One in three Indian investment advisors are not registered, says Sebi
Updated On : 04 Oct 2023 | 11:11 PM IST

KeyBanc downgrades Apple, believing company valuation near all-time high

Shares of Apple are still up 33% this year, though they have retreated nearly 13% from their July record high amid the tech selloff sparked by concerns over high interest rates

KeyBanc downgrades Apple, believing company valuation near all-time high
Updated On : 04 Oct 2023 | 11:00 PM IST

A first: Kevin McCarthy becomes shortest-tenured US House speaker

The now-former speaker lost his gavel on a vote of 216 to 210, with 208 Democrats joining the eight Republicans who broke ranks

A first: Kevin McCarthy becomes shortest-tenured US House speaker
Updated On : 04 Oct 2023 | 10:28 PM IST

Google takes on Apple with Pixel 8, launches smartphones with AI camera

Pixel 8 smartphones pack an upgraded core processor and artificial intelligence-based photography features, and a new smartwatch

Google takes on Apple with Pixel 8, launches smartphones with AI camera
Updated On : 04 Oct 2023 | 10:14 PM IST

Global bond selloff upends markets as long term borrowing costs surge

Traders are bracing for an extended period of tight monetary policy, and demanding ever higher compensation to hold long-dated government debt

Global bond selloff upends markets as long term borrowing costs surge
Updated On : 04 Oct 2023 | 10:02 PM IST

Design software company Canva unveils AI tools to take on rivals like Adobe

The new suite, dubbed Magic Studio, marks the latest in a series of product launches in the past year, including enterprise-focused tools in September 2022 and AI software in March

Design software company Canva unveils AI tools to take on rivals like Adobe
Updated On : 04 Oct 2023 | 9:11 PM IST

Meta expands generative AI tools to boost effectiveness of advertisements

Meta's tools use artificial intelligence to generate background images for products, come up with different variations of advertising copy or automatically resize ads to fit on Instagram or Facebook

Meta expands generative AI tools to boost effectiveness of advertisements
Updated On : 04 Oct 2023 | 8:46 PM IST

US companies added 89,000 jobs, fewest since early 2021 in ADP data

Stock futures rose and Treasury yields sank after the report as the odds of another Federal Reserve interest-rate hike by year-end declined

US companies added 89,000 jobs, fewest since early 2021 in ADP data
Updated On : 04 Oct 2023 | 7:40 PM IST

Forex pile remains Asia's first defense against relentless US dollar

Focus is shifting to what steps authorities in the region may take after verbal warnings and stronger fixings failed to arrest the downdraft in their currencies

Forex pile remains Asia's first defense against relentless US dollar
Updated On : 04 Oct 2023 | 8:53 AM IST

Kevin McCarthy ouster: Here are the Republican contenders in the mix

Rep. Matt Gaetz (R-Fla.), the far-right lawmaker who led the push to oust McCarthy, has floated Scalise as a possible replacement

Kevin McCarthy ouster: Here are the Republican contenders in the mix
Updated On : 04 Oct 2023 | 7:28 AM IST

How a debt iceberg might turn resources titan Vedanta into Titanic

A corporate presentation notes the "consistent shareholder returns" from more than $11 billion in dividends over the past decade

How a debt iceberg might turn resources titan Vedanta into Titanic
Updated On : 04 Oct 2023 | 7:22 AM IST

Twitter executives win $1.1 million in legal fees from Elon Musk's X

The former executives argued Twitter violated its own bylaws by refusing to cover the sums even though they were tied to investigations of the social-media platform's operations

Twitter executives win $1.1 million in legal fees from Elon Musk's X
Updated On : 04 Oct 2023 | 7:16 AM IST

Hotel prices in Paris surge up to 300% ahead of next year's Olympics

Travelers heading to the French capital can expect to pay about $685 a night for a three-star hotel, compared with around $178 for a typical July stay, according to data from Google

Hotel prices in Paris surge up to 300% ahead of next year's Olympics
Updated On : 04 Oct 2023 | 12:25 AM IST

BYD set to race past Tesla as world's biggest electric car seller: Report

China's best-selling car brand came within a whisker of toppling Tesla last quarter after factory downtime led to the US automaker's first delivery decline in more than a year

BYD set to race past Tesla as world's biggest electric car seller: Report
Updated On : 04 Oct 2023 | 12:18 AM IST

Musk sued for defamation over false neo-Nazi claim against California man

In a June 27 post, Musk re-tweeted and commented on a blog post making the allegations against Brody

Musk sued for defamation over false neo-Nazi claim against California man
Updated On : 04 Oct 2023 | 12:00 AM IST

Zoom adds features like document editing in bid to compete with Microsoft

Collaborative document editing, similar to Alphabet Inc.'s Google Docs, will be made available in Zoom next year, the company announced Tuesday ahead of its annual conference

Zoom adds features like document editing in bid to compete with Microsoft
Updated On : 03 Oct 2023 | 11:50 PM IST

US job openings top all forecasts as white-collar positions jump in August

The number of available positions increased to 9.61 million from a revised 8.92 million in July, the Bureau of Labor Statistics' Job Openings and Labor Turnover Survey, or JOLTS

US job openings top all forecasts as white-collar positions jump in August
Updated On : 03 Oct 2023 | 10:04 PM IST

US Treasury 30-year bond yield rises 8 bps to hit highest level since 2007

Shorter-maturity Treasury yields had previously reached the highest levels since at least 2007, and extended their climb Tuesday

US Treasury 30-year bond yield rises 8 bps to hit highest level since 2007
Updated On : 03 Oct 2023 | 7:11 PM IST

TSMC's $72 bn rout concerns investors of prolonged weakness in chip sector

The 12-month earnings estimate for TSMC has also been revised down by about 8% from a high in October last year, according to Bloomberg data

TSMC's $72 bn rout concerns investors of prolonged weakness in chip sector
Updated On : 03 Oct 2023 | 5:32 PM IST