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EU to fine Apple around 500 million euros over music streaming, FT reports

(Reuters) - The European Union is set to impose a fine in the range of 500 million euros ($539 million) on Apple for allegedly breaking EU law over access to its music streaming services, the

Reddit signs content licensing deal with AI company ahead of IPO, Bloomberg reports

(Reuters) - Reddit has signed a contract allowing an Artificial Intelligence (AI) company to train its models on the social media platform's content, Bloomberg News reported, citing people familiar

US considering more than $10 billion in subsidies for Intel – Bloomberg News

(Reuters) - The Biden administration is in talks to award more than $10 billion in subsidies to Intel Corp, Bloomberg News reported on Friday, citing people familiar with the matter. The Department of

OpenAI valued at $80 billion after deal, NYT reports

(Reuters) -Microsoft-backed OpenAI has completed a deal that values the artificial intelligence company at $80 billion or more, the New York Times reported on Friday, citing three people with

High-flyer Super Micro shares hit record, then sink 20%

By Sinéad Carew (Reuters) -Shares in Super Micro Computer Inc finished down 20% on Friday after hitting a record high earlier in the day as investors took a break after betting on the stock as a big

Musk can seek district judge review in SEC subpoena case -court order

NEW YORK (Reuters) -Elon Musk can ask a U.S. District Court to review a magistrate judge's order that he must testify in the Securities and Exchange Commission's investigation of his $44 billion

US judge says Musk can seek review of order in SEC subpoena matter

NEW YORK (Reuters) -Elon Musk can ask a U.S. District Court to review a magistrate judge's order that he must testify in the Securities and Exchange Commission's investigation of his $44 billion

Nvidia’s scorching shares drew hedge funds in Q4, filings show

(Corrects stock performance in 2nd paragraph to "nearly 240%" from 65%) By David Randall NEW YORK (Reuters) -Several well-known funds jumped into shares of chipmaker Nvidia at the end of last year,

SoftBank’s Son is seeking about $100 billion for AI chip venture – Bloomberg News

(Reuters) -SoftBank Group Chief Executive Officer Masayoshi Son is looking to raise up to $100 billion for a chip venture that will rival Nvidia Corp, Bloomberg News reported on Friday, citing people

SoftBank’s Son is seeking about $100 billion for AI chip venture, Bloomberg reports

(Reuters) -SoftBank Group Chief Executive Officer Masayoshi Son is looking to raise up to $100 billion for a chip venture that will rival Nvidia Corp, Bloomberg News reported on Friday, citing people

On Camera

CBDT signs record 125 Advance Pricing Agreements, 31% more than last year

The 125 APAs include 86 Unilateral APAs (UAPAs) and 39 Bilateral APAs (BAPAs). The total number of APAs since the start of the APA programme has risen to 641, with 506 UAPAs and 135 BAPAs.

India to start delivery of BrahMos missiles and launchers to Philippines tomorrow

India has completed storage-building space in one of the Philippines' islands as part of $374.96 million deal signed in January 2022.

44 years on, two things that have changed in Modi’s BJP, and one that hasn’t

As the BJP heads for a likely third successive term in power, it's fascinating to debate how true it looks to the original proposition: a party with a difference.