Page 1335 - World News

Elon Musk escalates OpenAI fight with subpoena of ex-board member Toner

The subpoena, which was signed on Tuesday, demanded that Toner hand over information by May 21, 2024

US sanctions over dozen firms, 3 from India, for trade and ties with Iran

The United States, in close coordination with our British and Canadian partners, will continue to use all means available to combat those who would finance Iran's destabilising activities, he said

Alphabet Inc beats revenue estimates as AI fuels cloud growth in Q1

The company also said it would pay a dividend of 20 cents a share, its first ever, and repurchase an additional $70 billion in stock. The shares jumped 13 per cent in extended trading

Tesla pushes back on investor's latest move in Elon Musk's pay package row

If Tesla reincorporates in Texas and its board approves Musk's pay there, that would presumably have to be challenged in a new lawsuit under Texas law

Elon Musk once again richer than Mark Zuckerberg as fortunes reverse

The two billionaires switched ranks earlier this month, when Zuckerberg, 39, overtook Musk for the first time since 2020 following news that Tesla's vehicle deliveries fell in 3 months through March

Global wine demand drops to 27-year low as prices hit record high

The fall in demand last year was particularly big in China, estimated at minus 25%

Toyota hits record annual output, sales on account of robust demand

The world's largest automaker by volume, however, saw its sales and production fall in March amid fierce competition in China, the world's largest auto market

Hyundai Motor's Q1 profit drops 2.4%, hurt by weak domestic sales

The world's No.3 automaker by sales along with affiliate Kia Corp sold 1.5 fewer vehicles, delivering 1.007 million units in the first quarter

Blinken in Shanghai; begins contentious talks with Chinese officials

Shortly after arriving, Blinken attended a Chinese basketball playoff game between the local Shanghai Sharks and the Zhejiang Golden Bulls

Business leaders urge Pak PM Shehbaz to initiate trade talks with India

There was a sense of concern among the business leaders over the political instability in the country for which they even advised the Prime Minister to take initiative as the head of the government

US attacks Russia for vetoing UNSC resolution on Outer Space Treaty

US Ambassador to the United Nations Linda Thomas-Greenfield told members of the UN Security Council that by vetoing the resolution, Russia abandoned its responsibility

Meta chief Zuckerberg asks for patience after AI push irks investors

After Meta revealed that it will spend billions of dollars more than expected this year - fueled by investments in artificial intelligence - the company's CEO did his best to soothe Wall Street

282 mn faced acute hunger in 2023, with the worst famine in Gaza: UN

South Sudan, Burkina Faso, Somalia and Mali each host many thousands also facing catastrophic hunger

Some US campuses call in police to break up pro-Palestinian demonstrations

Another 93 people were arrested Wednesday night during a protest at the University of Southern California, the Los Angeles Police Department said. There were no reports of injuries

India-Philippines defence ties should not harm third party: Chinese PLA

India delivered the first batch of the BrahMos missiles over two years after it signed a $375 million deal with the Philippines to supply the weapon systems

Tibetans call on India, other nations to press Beijing over Panchen Lama

Tsering accused the Chinese government of 'brazenly violating' fundamental human rights and freedom of the Panchen Lama

GlaxoSmithKline sues Pfizer, BioNTech over Covid-19 vaccine technology

GSK said in the lawsuit that Pfizer and BioNTech's Comirnaty vaccines violate the company's patent rights in mRNA-vaccine innovations developed "more than a decade before" the outbreak of COVID-19

US, 17 other countries urge Hamas to release hostages, end Gaza crisis

The 18 countries all have citizens held by Hamas six months after the Palestinian militant group launched its Oct. 7 assault on southern Israel and killed 1,200 people

Nasdaq down over 2%, Dow falls 500 points on US GDP growth data

Meta plunged 14.7% after the Facebook-parent forecast higher expenses and lighter-than-expected revenue

New York appeals court overturns Harvey Weinstein's 2020 rape conviction

The state Court of Appeals ruling reopens a painful chapter in America's reckoning with sexual misconduct by powerful figures an era that began in 2017 with a flood of allegations against Weinstein