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Canada to run deeper deficits as Trudeau's govt tackles housing crisis

The total cost of the new tax and spending measures is C$20.8 billion ($15.2 billion) over six years, according to a fiscal update from Finance Minister Chrystia Freeland

Canada to run deeper deficits as Trudeau's govt tackles housing crisis
Updated On : 22 Nov 2023 | 7:17 AM IST

OpenAI encourages staff to focus on work despite ongoing boardroom chaos

In a message to OpenAI employees on Tuesday, Peter Deng, a vice president of product, said that "we decided that the best way to channel our energy" is developing products

OpenAI encourages staff to focus on work despite ongoing boardroom chaos
Updated On : 22 Nov 2023 | 7:08 AM IST

Microsoft discussing governance changes it wants from OpenAI's board

The changes Microsoft is mulling may include asking OpenAI to increase the size of board and boost the experience level required for members, according to people familiar with the company's thinking

Microsoft discussing governance changes it wants from OpenAI's board
Updated On : 22 Nov 2023 | 6:43 AM IST

Sam Altman, OpenAI board open talks to negotiate his possible return

The board has come under intense scrutiny for its decision to fire Altman

Sam Altman, OpenAI board open talks to negotiate his possible return
Updated On : 21 Nov 2023 | 11:43 PM IST

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

India closer to agreement with Tesla to import EVs, set up facility
Updated On : 21 Nov 2023 | 11:31 PM IST

German budget crisis deepens with freeze on new spending commitments

Existing liabilities will be honored but new commitments can be unblocked only in exceptional cases, according to a letter sent to government ministries

German budget crisis deepens with freeze on new spending commitments
Updated On : 21 Nov 2023 | 10:31 PM IST

Americans are pulling cash from their retirement savings to pay bills

Overall, the average retirement account balance decreased slightly from the previous quarter

Americans are pulling cash from their retirement savings to pay bills
Updated On : 21 Nov 2023 | 10:30 PM IST

Citigroup MD accuses ex-bosses of 'horrifying' sexual assault, harassment

She says she finally decided to end their relationship in October 2022, after which he subjected her to an "onslaught of shocking abuse via hundreds of text messages and incessant phone calls

Citigroup MD accuses ex-bosses of 'horrifying' sexual assault, harassment
Updated On : 21 Nov 2023 | 10:27 PM IST

Good news soon: Israeli PM Netanyahu; truce deal close, says Hamas

"The movement delivered its response to the brothers in Qatar and the mediators, and we are close to reaching a truce agreement," Haniyeh said in a statement on Telegram

Good news soon: Israeli PM Netanyahu; truce deal close, says Hamas
Updated On : 21 Nov 2023 | 10:23 PM IST

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

OpenAI investors consider suing board after CEO's abrupt firing: Reports
Updated On : 21 Nov 2023 | 10:13 PM IST

Why Israel might win the battle in Gaza but end up losing the war

Biden gave Israel's leaders some good and personally chastening advice: Don't let rage drive you to mistakes the US made after a terror attack on America killed almost 3,000 people on Sept. 11, 2001

Why Israel might win the battle in Gaza but end up losing the war
Updated On : 21 Nov 2023 | 11:52 AM IST

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

Elon Musk's X sues Media Matters for America over its pro-Nazi content link
Updated On : 21 Nov 2023 | 8:58 AM IST

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

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

OpenAI's founder Sam Altman exposes the charade of AI accountability
Updated On : 21 Nov 2023 | 7:13 AM IST

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

Insider selling sparks bullish signal in distorted Indian stock market
Updated On : 21 Nov 2023 | 6:54 AM IST

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

Thrive-led OpenAI investors try to bring back Altman to leadership role
Updated On : 21 Nov 2023 | 6:48 AM IST

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."

White House opens accounts for Prez Biden, VP Harris on Meta's Threads
Updated On : 21 Nov 2023 | 6:46 AM IST

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

Israeli vessel's capture reignites fears over West Asia shipping
Updated On : 20 Nov 2023 | 11:33 PM IST

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

US seeks over $4 billion from crypto exchange Binance to end criminal case
Updated On : 20 Nov 2023 | 11:30 PM IST

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

Kumar Mangalam Birla's carbon black unit to raise $1.5 billion loan: Report
Updated On : 20 Nov 2023 | 11:20 PM IST

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

X's CEO Yaccarino acknowledges that some advertisers have paused spending
Updated On : 20 Nov 2023 | 11:12 PM IST