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Apple rallies as new AI features promise sales boost

(Reuters) - Apple shares climbed 6% to a record high on Tuesday, a day after unveiling new artificial intelligence features meant to increase the appeal of its devices, including the iPhone. The rally

China’s Xi pledges to build globally competitive environment for tech innovation

BEIJING (Reuters) - China's President Xi Jinping has vowed to foster a globally competitive open environment for scientific and technological innovations, and expand international exchanges and

US weighs more limits on China’s access to AI chips, Bloomberg News reports

(Reuters) - The Biden administration is considering further restrictions on China's access to chip technology used for artificial intelligence, Bloomberg News reported on Tuesday, citing people

Crown Castle cuts annual profit forecast, reduces workforce amid fiber business review

(Reuters) - Telecommunications infrastructure company Crown Castle on Tuesday cut its annual profit forecast and said it will reduce its workforce by 10% as a result of an operational review of its

Mistral AI raises 600 million euros in latest funding round

By Yuvraj Malik and Krystal Hu (Reuters) - France's Mistral AI has raised 600 million euros ($643.7 million) in a funding round led by existing investor General Catalyst, it said on Tuesday, as AI

UnitedHealth hack impacted outpatient claims for Cigna – GS conference

NEW YORK (Reuters) - Cigna's CFO Brian Evanko said the company's "outpatient dynamic" was impacted by the Change Healthcare hack which disrupted claims during the first quarter of 2024. The February

AlphaSense valued at $4 billion in latest funding, agrees $930 million deal for rival Tegus

(Reuters) -Market intelligence platform AlphaSense said on Tuesday it had notched a valuation of $4 billion in a fresh funding round and agreed to buy privately held Tegus in a deal valuing the rival

Evergrande EV warns of losing key assets as local governments demand subsidy repayment

(Reuters) - China Evergrande New Energy Vehicle Group faces the risk of losing assets such as land and equipment, the company said on Tuesday, as local administrative bodies demand repayment of 1.9

AlphaSense valued at $4 billion after latest funding round

(Reuters) - Market intelligence platform AlphaSense said on Tuesday it had raised $650 million in its latest funding round, increasing its valuation to $4 billion. The funding round was co-led by

Spotify to introduce expensive plan later this year, Bloomberg News reports

(Reuters) - Spotify will introduce a new expensive plan for its most ardent users later this year, Bloomberg News reported on Tuesday, citing a person familiar with the plan. The audio-streaming

On Camera

NEET is too high-risk for pen-and-paper tests. It needs a fraud-proof online process

Unless the loopholes are fixed in the NEET system, no matter how many culprits are caught and punished, new ones will continue to emerge.

Cash-strapped Karnataka hikes fuel tax by Rs 3/l, could earn Rs 2,500-3,000 cr more per yr

Move to bring down differences in commodity prices with neighbouring states, says government. Oppn, dealers blame it on welfare, Congress's guarantees.

With an eye on China, IAF expands taxi track at Leh airport, new shelters being built

Expanded taxi track is smaller than those meant for civilian operations, but is long enough for fighters & military transport aircraft to operate.

Sangh wants BJP to know it’s not dispensable. It’s a rap on the knuckles, nothing more

Occasional lovers’ tiffs have marked history of RSS-BJP relations. To think that Nagpur will bring about any change in leadership is a misreading of both its intent and its power.