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Thursday, May 2, 2024
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China’s Li Auto pins hopes on first all-electric model

BEIJING (Reuters) - Li Auto officially launched on Friday its first pure electric model MEGA multi-purpose vehicle (MPV), which founder and CEO Li Xiang expects to become the Chinese electric vehicle

Elon Musk sues OpenAI and CEO Sam Altman for breach of contract

(Reuters) - Elon Musk has sued OpenAI and its chief executive Sam Altman, among others, accusing them of breaching contractual agreements made when he helped found the ChatGPT-maker in 2015, according

US to probe if Chinese cars pose national data security risks

By David Shepardson WASHINGTON (Reuters) -The United States is opening an investigation into whether Chinese vehicle imports pose national security risks and could impose restrictions due to concerns

Investors swarm into tech stocks and crypto – BofA

By Amanda Cooper LONDON (Reuters) -Investors poured the most cash into technology stocks since August in the week to Wednesday and doubled the amount they put into cryptocurrencies, according to a

Investors snap up ‘Magnificent 7’ tech stocks and crypto – BofA

By Amanda Cooper LONDON (Reuters) -Investors poured the most cash into technology stocks since August in the week to Wednesday and doubled the amount they put into cryptocurrencies, according to a

Analysis-Wall Street hunts for more AI gold after Nvidia’s soaring rally

By Lewis Krauskopf NEW YORK (Reuters) - Money managers are scrambling to cash in on the stock market’s interest in artificial intelligence, as a stunning rally by Nvidia sparks a search for other

OpenAI to name new board members in March, Washington Post reports

(Reuters) -ChatGPT-maker OpenAI is planning to appoint several new board members in March, the Washington Post reported on Thursday, citing a person familiar with the matter. The move would finally

OpenAI to name new board members within a month, Washington Post reports

(Reuters) - ChatGPT-maker OpenAI is planning to appoint several new board members within the next month, the Washington Post reported on Thursday, citing a person familiar with the matter. (Reporting

Facebook owner Meta angers Australia with plan to stop paying for news content

By Byron Kaye and Alasdair Pal SYDNEY (Reuters) -Meta Platforms said it will stop paying Australian news publishers for content that appears on Facebook, setting up a fresh battle with Canberra which

Meta angers Australia with plan to stop paying its news publishers for content

By Byron Kaye and Alasdair Pal SYDNEY (Reuters) -Meta Platforms said it will stop paying Australian news publishers for their content that appears on Facebook, setting up a fresh battle with Canberra

On Camera

How govt brought Vodafone Idea back from the brink & earned a neat profit in the process

In 2021, the government allowed telcos to convert interest on deferred spectrum payments and AGR dues into equity. This made it the single largest stakeholder in Vodafone Idea.

Complex network of India’s existing air defence capabilities & the way forward

Provocations among Israel & Iran have prompted discussion on the need for India to broaden its air defence apparatus, given tensions with adversarial neighbours.

Frontrunner is letting the challenger define this poll campaign. Modi still hasn’t found a big theme

A theme has not yet emerged for BJP & people see lack of a contest, which makes it unexciting. For all these reasons, 2024 is turning out to be an unexpectedly theme-less election.