Business
Tesla to hold shareholder vote on whether to invest in xAI
New York, July 15 (UNI) Tesla will hold a shareholder vote on whether Elon Musk’s carmaker should invest in his artificial intelligence startup xAI, the billionaire said.“If it was...
Business
IMF board enables disbursement of about $500 mln to Ukraine – Statement
Washington: The IMF Board has approved a nearly $500 million disbursement to Ukraine following a review of the...
Business
Trump launches sales of fragrances called ‘victory 45-47’
Washington: US President Donald Trump launched the sale of fragrances called "Victory 45-47" for both men and women."Trump...
Business
Tesla inks deal with Chinese partners to construct grid-side-energy storage station in Shanghai
Shanghai: US car maker Tesla on Friday inked a deal with Chinese partners to build a grid-side energy...
Business
Microsoft fires another 300 people after recent major layoff – Reports
Washington: US tech corporation Microsoft has cut its staff by more than 300 people after a major layoff...
World output growth projected to decelerate in 2023: UN Report
New Delhi: World output growth is projected to decelerate from an estimated 3.0 per cent in 2022 to 1.9 per cent in 2023, marking...
Ford planning to cut 3,200 jobs at German factory – Reports
Berlin: US automaker Ford will cut 3,200 jobs at its factory in the German city of Cologne, German media reported.According to the IG Metall...
Spotify to cut 6 pct of global workforce
San Francisco: Music streaming service company Spotify announced on Monday that it will lay off about 6 percent of its global workforce, impacting some...
Twitter Lost 80 pc of its workforce under Elon Musk – Reports
Washington: The number of employees at Twitter has decreased by about 80% since US entrepreneur Elon Musk’s multibillion-dollar acquisition, CNBC reports citing internal company...
Amazon overtakes Apple as world’s most valuable brand despite losing $51bln
Washington: Amazon has reclaimed top spot as the world's most valuable brand despite losing $51 billion this year, or 15% of its value, according...
Microsoft to fire approximately 11,000 workers amid slowing world economy – Reports
Washington: US tech giant Microsoft is set to fire approximately 11,000 workers to address the impacts of a slowing world economy, Sky News reported.The...