Category: Business

Elon Musk
Posted in Business

Elon Musk’s Tesla Compensation Last Year Surpassed $158 Billion

The world’s richest man just got a little richer.Elon Musk’s first installment of his moonshot compensation package at Tesla came in at $158.4 billion for…

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Apple Inc. reported second quarter 2026 revenue of $111.2 billion, marking a 17% increase year-on-year. (Getty Images via AFP)
Posted in Business

Apple reports record quarterly revenue, marking momentum ahead of leadership transition

Apple reports another record breaking quarter in terms of revenue and product portfolio growth. The company’s fiscal 2026 second quarter results indicate quarterly revenue of…

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The revised FDI norms are expected to help process around 600 pending investment applications (Unsplash)
Posted in Business

FDI norms soon for companies with part-Chinese stake

The government will soon notify a framework for time-bound approvals of investments by companies with limited Chinese ownership in seven identified sectors, including rare-earth magnets…

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Vehicles drive past a giant billboard reading 'The Strait of Hormuz remains closed' at the Revolution Square in Tehran on April 28, (AFP)
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How two months of war in West Asia hit global markets and the economy

Two months after the US-Israel war with Iran began on February 28, the human and fiscal costs are already substantial. The death toll in Iran…

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The OnePlus Pad 4, photographed here in a rare Dune Glow colour that gives bronze hues as light reflects off it. (HT photo | Vishal Mathur)
Posted in Business

OnePlus Pad 4 rapidly closes the gap between a tablet, a laptop and your work

This is the fastest tablet OnePlus has ever made and shipped for consumers to buy. Undoubtedly a fantastic foundation to build with. I’ve often noted…

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SpaceX Chief Engineer Elon Musk and T-Mobile CEO Mike Sievert take part in a joint news conference at the SpaceX Starbase, in Brownsville, Texas (REUTERS FILE)
Posted in Business

SpaceX, OpenAI and Anthropic are already public companies

This summer, an absurd company plans to go public at an absurd price. If SpaceX—the rocket-maker, internet provider, artificial-intelligence lab and social network controlled by…

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Our experience with the MirAIe app on iOS, allowing extensive controls for cooling modes, Converti8 power saving, Proximity Control and also power consumption (Vishal Mathur/HT)
Posted in Business

Wired Wisdom: Decoding Smart ACs, analysing Panasonic HU Series and V-Guard’s data of woe

Opening thoughts. This will be a cool(er) and a slightly different edition of Wired Wisdom. Not that we’re uncool every other week, but I believe…

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SoftBank’s Masayoshi Son, left, and OpenAI’s Sam Altman.
Posted in Business

AI Worries Have Returned to Wall Street. Now Come Earnings.

AI jitters are back on Wall Street. SoftBank’s Masayoshi Son, left, and OpenAI’s Sam Altman. Shares of Oracle, CoreWeave, SoftBank and other firms tied to…

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Representational image.
Posted in Business

Tech Tonic | Paying more, getting more, but wanting less

There was a simpler time for India’s telecom space. I’m old enough to remember an era when we had as many as 12 players, across…

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Ozempic went viral for helping people lose weight after being introduced as a diabetes injection in 2018. (AP)
Posted in Business

Canada approves first generic version of Ozempic made by India’s Dr Reddy’s

Health Canada has approved the first generic version of Danish drugmaker Novo Nordisk’s blockbuster diabetes drug Ozempic made by Indian drugmaker Dr Reddy’s Laboratories, its…

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