Business
-
Jack Dorsey to take home nearly $1 bn once Musk’s Twitter deal closes
New Delhi: Jack Dorsey is set to take home a hefty amount of $978 million in cash once the Elon Musk’s Twitter takeover deal gets through. Dorsey holds 2.4 per cent or…
-
150 mn people across 40 countries using Google Pay: Sundar Pichai
New Delhi: Hailing the India digital payments growth story, Alphabet and Google CEO Sundar Pichai has said that the company’s payments strategy is very similar to the strategy it has for commerce…
-
Tesla loses $125 bn in market value as Musk buys Twitter
San Francisco: With Elon Musk acquiring Twitter for $44 billion, the stock of his electric car company Tesla tanked, and at least $125 billion were wiped out from its market value over…
-
Musk has to manufacture here to sell Tesla cars in India: Gadkari
New Delhi: Elon Musk, who has just bought Twitter for $44 billion, will have to manufacture his Tesla cars in India, and not China, if he wants to come and sell the…
-
Global semiconductor sales to reach $676 bn this year: Gartner
New Delhi: Global semiconductor revenue is projected to total $676 billion in 2022, an increase of 13.6 per cent from 2021, a Gartner report said on Tuesday. Semiconductor revenue for smartphones is…
-
Reddit invests $1 mn in Community Funds programme
San Francisco: Online discussion forum Reddit has officially launched its Community Funds programme with a $1 million investment. Reddit said that it has been experimenting with ‘Community Funds’ to help Reddit community…
-
Strong competition coming Tesla way with budget segment electric cars
New Delhi: Within a couple of years, Tesla will face strong competition from traditional automakers like Volkswagen, Toyota and Stellantis, which released their ambitious vehicle electrification plans last year, a new report…
-
Elon Musk buys Twitter for $44bn, company to go private
San Francisco: Tesla CEO Elon Musk finally caught an elusive Twitter bird for $44 billion, as the company’s board decided to give in to his takeover bid with his “best and final” offer. …
-
Hyundai Motor’s profit up 17%, aims to sell 4.32 mn vehicles in 2022
Seoul: Hyundai Motor said on Monday that its first-quarter net profit rose 17 per cent from a year earlier as an improved product mix and a weak won helped offset the impact…
-
Twitter ‘inching closer’ to finalise $46.5 bn deal with Elon Musk
San Francisco: Despite internal disagreements, the Twitter board is reportedly inching towards finalising the hostile takeover deal worth $46.5 billion made by Tesla CEO Elon Musk, and an announcement can come as…
-
Swiggy to upskill delivery boys to become company employees
New Delhi: Online food delivery platform Swiggy on Monday announced the launch of an industry-first-accelerator programme for its delivery executives to transition into full-time, managerial-level jobs with a fixed salary and additional…
-
After end of Covid third wave, commercial realty out of the woods
New Delhi: After a devastating shock due to the Covid-19 pandemic, the real estate sector is back in action, more so the commercial real estate sector. Commercial realty had taken a hard…
-
Musk declines Gates’ request to discuss philanthropy in new leaked texts
San Francisco: Tesla CEO Elon Musk has reportedly declined a meeting to discuss climate change philanthropy with Bill Gates because the latter admitted he still holds a short position on Tesla stock.…
-
Why Bhavish Aggarwal won’t invite Elon Musk to Ola FutureFactory?
Krishnagiri (Tamil Nadu): Bhavish Aggarwal will not invite Elon Musk to his state-of-the-art, electric two-wheeler manufacturing facility here as the Ola Founder and CEO feels that when India becomes a global hub…
-
Ola Electric voluntarily recalls 1,441 e-scooters to perform health checks
New Delhi: Ola Electric on Sunday said that it is voluntarily recalling 1,441 e-scooters as a pre-emptive measure to conduct a detailed health check of the concerned batch. The company said that…
