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Tuesday, May 7, 2024
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VinFast quarterly revenue surges in first report since stellar debut

(Reuters) -Vietnamese electric-vehicle maker VinFast said on Thursday its revenue more than doubled in the second quarter on higher deliveries to domestic customers, in its first results since making

Poland investigates OpenAI over privacy concerns

WARSAW (Reuters) - A Polish watchdog is investigating Microsoft-backed OpenAI over a complaint that its ChatGPT chatbot breaks European Union data protection laws known as the GDPR, it said. OpenAI

Cisco beefs up cybersecurity play with $28 billion Splunk deal

(Reuters) -Cisco Systems on Thursday agreed to acquire cybersecurity company Splunk for about $28 billion, in its biggest acquisition ever that would bolster its network security business. Cisco's

Cisco to acquire Splunk for $28 billion

(Reuters) - Cisco Systems said on Thursday it would acquire cybersecurity company Splunk for about $28 billion. Cisco's offer price of $157 per share in cash, represents a premium of about 31% to

Broadcom falls on report Google discussed dropping firm as AI chip supplier

(Reuters) -Broadcom tumbled 6% on Thursday after The Information reported Google executives had discussed dropping the company as a supplier of artificial intelligence chips as early as 2027.

VinFast discloses revenue surge in first report since blockbuster debut

(Reuters) -Vietnamese electric-vehicle maker VinFast on Thursday reported a 131.2% rise in revenue in its first quarterly report since going public in August on higher deliveries to domestic customers

China’s Nio calls for ‘open attitude’ amid EU subsidy probe

SHANGHAI (Reuters) - The head of Chinese electric vehicle maker Nio said on Thursday he hoped all governments could have an open attitude rather than be isolationist, after the European Commission

Google discussed dropping Broadcom as AI chips supplier – The Information

(Reuters) -Alphabet-owned Google's executives have discussed dropping Broadcom as a supplier of artificial intelligence (AI) chips as early as 2027, The Information reported on Thursday. If that

Beijing Fourth Paradigm to price Hong Kong IPO at low end of range -source

By Scott Murdoch SYDNEY (Reuters) - Chinese artificial intelligence startup Beijing Fourth Paradigm is set to price its shares at HK$55.6 each, the low end of the price range, to raise HK$1.023

China’s Nio launches smartphone developed to use with its electric cars

SHANGHAI (Reuters) -China's Nio Inc on Thursday unveiled a high-end smartphone designed to be used with its electric vehicles, touting a plethora of related functions such as using the phone to

On Camera

Ahmedabad’s walled city a model for climate-resistant architecture. Forego AC for arcades

In commercial areas, arcades can protect people from the sun. Remarkably, the Fort area in Mumbai and Connaught Place in Delhi, both built in the early 20th century, have these features.

Air India reduces baggage allowance by 5-15 kg, bringing it in line with rest of industry

Air India’s new policy, effective from 2 May, introduces new weight limits for tickets in each of the different 'fare families' — Comfort, Comfort Plus, and Flex.

Three Indian Navy ships deployed to South China Sea

Deployment comes at a time when Yuan Wang 03, a Chinese missile and satellite tracking vessel, has entered Indian Ocean Region.

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.