Category: Business

The disruption at the Strait of Hormuz prompted Saudi Aramco to reroute some crude supplies, which is a partial workaround at best. (Reuters)
Posted in Business

Saudi Aramco is set to ship less crude oil to India, China amid raging Iran war| Business News

Saudi Arabia’s oil sales to Asia’s two biggest importers are set to come in at lower-than-usual levels next month, as the war raging across the…

Continue Reading
Qubo Dashcam Trio and Dashcam 4G Live.
Posted in Business

Samsung’s Galaxy Forever, Metaverse and impressive Qubo dashcams| Business News

Opening thoughts. I thought Carl Pei has his finger on the pulse. He mostly does, but perhaps not always. Pei, speaking at this year’s SXSW,…

Continue Reading
Marc Benioff, chief executive officer of Salesforce Inc (Bloomberg)
Posted in Business

Salesforce is not giving pay hikes to its highest-level employees this year. What they’ll get instead

Salesforce will not be giving raises this year to employees at the director level and above. A recent email from the company’s human-resources team informed…

Continue Reading
US President Donald Trump. (AFP)
Posted in Business

Trump names Jensen Huang, Mark Zuckerberg to 13-member tech council| Business News

US President Donald Trump plans to appoint Mark Zuckerberg, Larry Ellison and Jensen Huang to a council that weighs in on AI policy and other…

Continue Reading
Paresh Raja, the founder of MFS
Posted in Business

Paresh Raja’s £200,000 watch raised red flags years before £1.3-billion MFS collapse

Years before the dramatic collapse of UK mortgage lender Market Financial Solutions (MFS), a luxury watch worn by its founder Paresh Raja became an unlikely…

Continue Reading
The Xiaomi 17 Ultra goes on sale in India in a single variant (16GB + 512GB). (VIshal Mathur | HT Photo)
Posted in Business

Xiaomi 17 Ultra reclaims photography realism in an age of algorithmic excess| Business News

Some partnerships are just meant to be. Michael Schumacher and Ferrari. Sir Lewis Hamilton and Mercedes. Steven Gerrard and Liverpool. Xiaomi and Leica. It is…

Continue Reading
Reliance wants to leave money on the table for retail investors in the Jio IPO, a DRHP for which is likely to be filed as early as this week. (Bloomberg)
Posted in Business

Reliance wants Meta, Google to offload just 8% of their stakes in Jio IPO| Business News

Jio Platforms Ltd. has held talks with 13 marquee foreign investors to sell down 8% of individual stakes in its initial public offering (IPO), which…

Continue Reading
The National Stock Exchange building in Bandra Kurla Complex, Mumbai. Hope is returning to the market with indications of de-escalation in the conflict. (Livemint)
Posted in Business

Sensex, Nifty 50 surge as oil recedes below $100 on Iran war ceasefire hopes| Business News

India’s stock market surged for a second consecutive session today, joining a broader Asian relief rally as signs of a Iran war ceasefire sent crude…

Continue Reading
Under a “unified” business model, OnePlus and Realme have reportedly been placed under the oversight of Realme CEO Sky Li. (Handout)
Posted in Business

OnePlus India CEO Robin Liu quits as market share plummets, fueling exit fears| Business News

Robin Liu, the chief executive officer of OnePlus India Pvt. Ltd., has resigned, even as the Chinese smartphone maker controlled by Oppo grapples with eroding…

Continue Reading
YouTube asking users to flag AI slop is a very smart way to have 2.7 billion active users to train their AI models for free.
Posted in Business

AI bubbles, slop and (lack of) ethics| Business News

Cognitive warmup. YouTube wants its users to flag content that is AI generated “slop” (a term that annoys Satya Nadella, particularly). The company says wiping…

Continue Reading