Shares in Tesla plunged as much as 11 per cent after the market opened, wiping $73 billion off the company’s market value hours after it warned of slowing growth in electric car sales and an existential threat from Chinese rivals, CNN reported....
Sam Altman, CEO of US artificial intelligence company OpenAI, has visited South Korea to discuss ways to set up a global network for artificial intelligence (AI) chip manufacturing with key chipmakers here, industry sources said on Friday....
Southern Railway is in line with loading 41 million ton of goods this fiscal, eight per cent higher than that of the previous fiscal, said General Manager R. N. Singh....
Apple is reportedly planning to impose fees and restrictions on developers who offer the ability to sideload their apps in the European Union (EU)....
Global investment firm Fidelity has marked down the valuation of fintech unicorn Pine Labs and e-commerce company Meesho. ...
SK hynix said on Thursday it swung to a profit in the fourth quarter of last year on the back of rising demand for premium memory chip products....
LG Electronics said on Thursday that its fourth-quarter operating profit more than quadrupled from a year earlier on robust sales of home appliances and automotive parts....
Despite the funding winter induced by tightening global monetary environment, Indian startups saw $8.4 billion of capital pour into them in 2023. Over the last couple of years, Indian startups have embraced the new normal of having to improve unit economics, shorten their path to profitability and look to build strong and res...
Cloud software major SAP has announced a company-wide restructuring programme in 2024 that will affect approximately 8,000 positions....
Microsoft has reached the coveted $3 trillion mark and became the second company after Apple to achieve this feat. ...
