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Recommendations to voting: Blue tick shake-up at Elon Musk's Twitter

The move may impact independent journalists and other peripheral voices most heavily, running counter to Musk's professed goal of trying to ensure free speech on Twitter

Alibaba splits into six units, plans new IPOs in historic overhaul

The move frees up the Chinese company's main divisions from e-commerce and media to the cloud to operate with far more autonomy, laying the foundation for future spinoffs and market debuts

AI search startup 'Perplexity' raises $26 mn to offer rival to Google

Perplexity is part of a growing wave of startups seeking to use AI to loosen Google's hold on online search. Among its investors are a striking number of Google's own AI researchers

First Solar, Reliance, Avaada Group among winners of $2.4 bn green aid

The 39.6 gigawatts of manufacturing capacity is expected to require investment of 930.4 billion rupees, according to a government statement

European Union takes key step toward ending era of combustion-engine cars

The last-minute deal is a concession to high-end sports car brands like Germany's Porsche, but is expected to have little effect on the plans of most major manufacturers.

Adidas, Beyonce end partnership amid slow sales, says WSJ report

Beyonce on Friday introduced a separate collection in a partnership with French fashion house Balmain

First Solar, Avaada among winners of India's $2.4 billion green stimulus

Avaada Group, backed by Thailand's oil and gas major PTT Pcl, was also awarded a grant, according to its chairman, Vineet Mittal

RBI likely to hike rates by 25 basis points next week, says economist

RBI has raised the policy rate by 250 bps since May 2022 to 6.5%, making it the most aggressive policy tightening cycle in a decade

India's $1 trillion sovereign bond market sees rising clout of insurers

Their growing footprint mean that the state will be less reliant on banks over time, while reducing anxiety among traders over how Modi's infrastructure-building spree will be funded

Walt Disney begins job cuts with goal of eliminating 7,000 positions

The cuts are expected to fall on all parts of the company, including theme parks and the ESPN sports networks

Why disqualifying Congress leader Rahul Gandhi doesn't help PM Modi

In other words, no council of BJP elders appears to have met in New Delhi last week and decided Gandhi had become so great of a threat that he needed to be driven out of Parliament

Crypto exchange Binance, its CEO sued by CFTC over US regulatory violations

Binance Holdings is the world's largest cryptocurrency exchange

Twitter proprietary source code leak turns into hunt for the perpetrator

Exposing Twitter's internal workings may make the service more vulnerable to hacking attempts

The snack bag of the future won't be made from single-use plastic

Most bags for potato chips and other crispy snacks are made with three layers of polymer materials. Polymers are made from petroleum, and they'll never decompose

Banking crisis raises concerns about leverage lurking in financial system

More than a dozen regulators, bankers, asset managers and former central bank officials say shadow debt and its links to lenders are becoming a major cause for concern

Intense, frequent heatwaves push India closer to limit of human survival

The national weather office has forecast rising temperatures in the coming weeks after India experienced its hottest February since 1901

Indian banks to gain $36 bn in deposits as mutual funds get taxed

The move comes as a respite for the financiers as the widening gap between credit off-take and deposits has sparked risks of asset-liability mismatches and pushed up funding costs

SoftBank-backed Oyo Hotels to reduce planned IPO amid tech headwinds

It's the second attempt at an IPO by the SoftBank Group Corp.-backed startup, after India's stock market regulator raised multiple red flags on its earlier try in late 2021

South Korea to surpass China in chip machine spending next year, shows data

Korea will likely increase its investment in fab equipment by 41.5% to $21 billion in 2024 while China logs only a 2% increase to $16.6 billion

Amazon, Google scramble to keep pace with OpenAI despite huge AI teams

The numbers underscore how seriously the world's biggest technology firms have been taking their work on artificial intelligence, but also how slow and cautious they have been to create services