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US startup funding drops 30% in 2023 despite AI frenzy

By Krystal Hu (Reuters) - U.S. investors injected $170.6 billion into startups in 2023, a decrease of nearly 30% from the $242.2 billion recorded in 2022, as the venture capital funding market

Rental giant Hertz dumps EVs, including Teslas, for gas cars

By Nathan Gomes and Joseph White (Reuters) -Rental firm Hertz Global Holdings said on Thursday it would sell about 20,000 electric vehicles, including Teslas, from its U.S. fleet due to higher

Commerzbank partners with Global Payments to serve small merchants

(Reuters) -German lender Commerzbank and Global Payments on Thursday said they were setting up a joint venture controlled by the U.S. payments firm to serve small retailers in the euro zone's biggest

Microsoft briefly overtakes Apple as world’s most valuable company

By Aditya Soni (Reuters) - Microsoft on Thursday briefly overtook Apple as the world's most valuable company for the first time since 2021 after the iPhone maker's shares made a weak start to the year

US bitcoin ETFs begin trading, in test of investor appetite for crypto

By Manya Saini, Niket Nishant and Hannah Lang (Reuters) - Several exchange-traded funds (ETFs) tied to the spot price of bitcoin began trading in the U.S. on Thursday in a landmark moment for the

EV maker Lucid’s quarterly production, deliveries fall, shares tumble

(Reuters) - Lucid Group said on Thursday its deliveries and production fell in the fourth quarter from a year earlier, sending its shares down to a record low. High interest rates have weakened demand

Google Cloud removes data transfer fees when clients switch to rivals

By Supantha Mukherjee STOCKHOLM (Reuters) - Alphabet's Google Cloud said on Thursday its customers who want to migrate their data to another cloud provider will not have to pay any network fees to

Bitcoin ETFs begin trading in end to decade-long tussle with SEC

By Manya Saini and Niket Nishant (Reuters) -Several exchange-traded funds (ETFs) tied to the spot price of bitcoin began trading in the U.S. on Thursday in a landmark moment for the cryptocurrency

Tesla to raise pay for US factory workers – Bloomberg News

(Reuters) -Tesla has told production workers in the United States that they will get a pay hike, Bloomberg News reported on Thursday. Many automakers including Volkswagen and Toyota have raised wages

Microsoft overtakes Apple as world’s most valuable company

By Aditya Soni (Reuters) -Microsoft overtook Apple as the world's most valuable company on Thursday after the iPhone maker's shares made a weak start to 2024 due to growing concerns over demand.

On Camera

Rahul’s ‘vote chori’ attack on EC is a political dead-end. He still has a point

The ECI needs to respond to Rahul Gandhi’s accusations professionally and transparently. Else, it will end up giving him the ammunition he is desperately seeking.

How mining, manufacturing & power sectors weighed on India’s industrial output since January 2024

India’s industrial output growth saw a 10-month low in June, with Index of Industrial Production (IIP) growing by mere 1.5% as against 1.9% in May 2025.

‘Next war may come sooner than expected, will require whole-of-nation approach’—Army chief

Gen Dwivedi framed Op Sindoor not just as retaliation to Pahalgam, but as demonstration of India’s capability to fight multi-domain conflicts with integration between services & agencies.

Modi’s ready to risk it all for farmers. Farm reform can answer Trump with new Green Revolution

Standing up to America is usually not a personal risk for a leader in India. Any suggestions of foreign pressure unites India behind who they see as leading them in that fight.