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EU Commission seeks feedback on Apple offer to open up tap-and-go tech to rivals

BRUSSELS (Reuters) -The European Commission is seeking feedback from rivals and customers on concessions Apple offered to settle EU antitrust charges and stave off a possible hefty fine, it said on

Online furniture retailer Wayfair to cut 1,650 jobs; shares jump

(Reuters) -Wayfair said on Friday it would lay off about 1,650 employees and expects annual cost savings of more than $280 million from the move, sending the online furniture retailer's shares up 16%

Israel seeks backing for tech startups in Davos

DAVOS, Switzerland (Reuters) - An Israeli agency came to Davos with a message for the business community, its CEO told Reuters: Israel's start-ups are open for investment. Dror Bin, who runs the

AI startup Cohere in talks to raise roughly $500mln to $1bln – source

DAVOS, Switzerland (Reuters) - Cohere, a Toronto-based startup developing artificial intelligence for businesses, is in discussions with investors to raise capital in the ballpark of $500 million to

Wayfair to cut 1,650 jobs

(Reuters) -Online furniture retailer Wayfair said on Friday it would lay off about 1,650 employees, or 13% of its global workforce, as it looks to trim costs. The company's shares rose about 8% in

Online furniture retailer Wayfair to cut 1,650 jobs to trim costs

(Reuters) -Online furniture retailer Wayfair said on Friday it would lay off about 1,650 employees, or 13% of its global workforce, as it looks to trim costs. The company's shares rose about 8% in

Roomba maker iRobot’s shares plunge on report Amazon deal faces EU block

(Reuters) - IRobot shares slumped 36% in premarket trading on Friday after a report the European Union antitrust regulator was planning to block Amazon.com's $1.4 billion buyout of the Roomba vacuum

BlackRock’s spot bitcoin ETF first to hit $1 billion in assets

(Reuters) - BlackRock's spot bitcoin exchange-traded fund (ETF) hit $1 billion in assets in the first four days of trading, the first to clinch the milestone among a batch of newly launched ETFs

EU Commission seeks feedback on Apple offer to let rivals access tap-and-go tech in antitrust case

BRUSSELS (Reuters) - The European Commission is seeking feedback from rivals and customers on concessions Apple offered to possibly settle EU antitrust charges and stave off a possible hefty fine, it

Binance heads to court, seeking dismissal of SEC fraud lawsuit

(Reuters) - Binance is due to square off against the U.S. Securities and Exchange Commission in a Washington courtroom on Friday, marking the second high-profile hearing this week involving the

On Camera

Defence, tech, education—Modi’s visit will boost India-UK ties

Given the immediate challenges on India’s borders, cooperation in the defence sector with partners such as the UK has achieved greater importance.

India-US set to ink mini trade deal soon, reach understanding on agricultural & dairy products

Mini deal will likely see no cut in 10% baseline tariff on Indian exports announced by Trump on 2 April, it is learnt, but additional 26% tariffs are set to be reduced.

Indian firm sets up titanium, superalloy plants to meet global need. Safran, Dassault, BAE line up

PTC Industries is investing Rs 1,000 cr in 4 manufacturing plants in UP, has already started supplying titanium parts to BAE Systems for its M-777 howitzers that India also uses.

Strategic partner one day, tactical nightmare the next: India’s learning Trumplomacy the hard way

Public, loud, upfront, filled with impropriety and high praise sometimes laced with insults. This is what we call Trumplomacy. But the larger objective is the same: American supremacy.