Category: Business

Microsoft CEO Satya Nadella
Posted in Business

Microsoft’s Satya Nadella: We Can’t Let AI Giants Eat the Economy

Satya Nadella helped usher in the AI boom. Now he has a tough message for the companies leading it. Microsoft CEO Satya Nadella The chief…

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“Kunal built Cred into one of India’s most important technology companies, and he brings the kind of builder mentality and global perspective that will serve him well in running the world’s biggest massaging app,” Meta CEO Mark Zuckerberg wrote in a post. (Photo: Instagram/@kunalb11)
Posted in Business

Cred founder Kunal Shah to be new boss of WhatsApp, Meta pumps $900 million to take stake in his company

Meta Platforms Inc is investing $900 million into Indian fintech startup Cred, and announced to appoint its founder, Kunal Shah, the new leader of WhatsApp….

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Xunlong Sci-tech is behind the internationally renowned caviar brand Kaluga Queen
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The World’s Caviar King Wants to Cash in on Hong Kong’s Listing Frenzy

Hong Kong’s red-hot initial public offering market has raised hundreds of billions for China’s high-growth technology and industrial champions over the past year. There’s now…

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Startups typically aim to spend five to ten years growing before listing on the stock market or finding a buyer. (Unsplash)
Posted in Business

Zombie unicorns are haunting Silicon Valley

FANTASTIC BEASTS roam Silicon Valley. Locals are familiar with the unicorn, a startup valued at more than $1bn, the centaur (worth $100m) and the decacorn…

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SpaceX branding in New York’s Times Square during the company’s initial public offering.
Posted in Business

Stressing Over Whether Your Index Fund Has SpaceX? Don’t

Being a passive investor means you don’t pick stocks. But you still have to pick an index. And different indexes have different approaches to huge…

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Evening in Seoul’s high-end Apgujeong neighborhood.
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Crazy Rich Returns Lure Cabbies and Even Kids to Red-Hot Asian Markets

SEOUL—Na Se-bin has lost all sense of the value of money. Evening in Seoul’s high-end Apgujeong neighborhood. Since January, she has poured nearly all her…

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Alphabet Chief Executive Sundar Pichai
Posted in Business

Google Is Using Nvidia’s Playbook to Build a Rival AI Chip Business

Google is making an ambitious play for a bigger slice of the 21st century’s most important market: the chips that power artificial intelligence. Its financial…

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Plans to list Jio Platforms Ltd had been in the works for some time now. (AFP)
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Jio IPO to be filed with SEBI today, says Mukesh Ambani

Reliance Industries Limited Chairman and Managing Director Mukesh Ambani has announced that the board of Jio Platforms has approved an IPO document and will be…

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Microsoft’s Fairwater AI datacenter in Atlanta (Official photo)
Posted in Business

The AI data centre paradox: Can India’s natural resources keep up?

There’s a recent thread that holds together San Francisco, Vancouver, Tucson, Santiago, Dublin, London, Johor, Batam and the Indian port city of Visakhapatnam, also called…

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Ericsson India underlines that 5G adoption is being accelerated not just by affordable smartphones but also a continued rollout of 5G FWA services. (AFP)
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Wired Wisdom: Ericsson’s 5G data, Apple’s AI agents, and foldable phone market

Opening thought. This week, the latest Ericsson Mobility Report arrived. The headline estimates are that India’s 5G subscriptions are expected to breach the 1.1 billion…

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