Shares of Gautam Adani’s business empire sink practically 20 % as scathing report by Hindenburg Research ignites rout in conglomerate’s listed companies, casting doubts on
Category: Business
China’s Baidu to challenge Microsoft with its own ChatGPT-style bot
Fast News Chinese know-how agency plans to launch the service in March as a standalone utility and progressively merge it into its search engine. Beijing-based
Oil prices up after drone attack in Iran, China’s consumption recovery bid
Oil costs have jumped after a drone assault focused Iran and as China pledges to advertise a consumption restoration which might help extra gasoline demand.
Dutch electronics giant Philips to cut 6,000 more jobs worldwide
Fast News Job losses come as firm reveals a web lack of $1.7 billion in 2022 and follows a discount of 4,000 employees the corporate
US piles more pressure on Huawei as China slams ‘technology hegemony’
Washington stops approving renewal of licenses to some US firms which have been promoting important parts to the Chinese firm, officers say, with Beijing vowing
ChatGPT maker unveils ‘imperfect’ tool to detect AI-written text
Detection instrument is educated “to distinguish between text written by a human and text written by AIs from a variety of providers,” says US-based OpenAI.
EU gets lion’s share in electric cars in 2022
Electric automotive gross sales surged by 28 p.c final 12 months, with greater than 1.1 million autos offered. Diesel, hit by heavy penalties and a
Apple and Google app stores get thumbs down from White House
In a brand new report, the Biden administration concluded that the current cell app ecosystem is damaging to shoppers, and that it engages in a
Software firms IBM, SAP to cut thousands of jobs
Published January 27,2023 Subscribe American and German software program firms IBM and SAP introduced Thursday that they may reduce hundreds of jobs as
Adani abandons $2.5 billion share sale in big blow to Indian tycoon
Embattled Indian billionaire Gautam Adani calls off his flagship firm’s share sale after a tumultuous week noticed his conglomerate shed tens of billions of {dollars}