The European Union (EU) has imposed a 700 million ($797 million) fine on Apple and Meta for violating its digital competition law, media reports said on Thursday.
The penalties for breaching the Digital Markets Act come amid attacks on the EU by the Trump administration for what it sees as...
Microsoft on Thursday announced key leadership appointments for its India and South Asia operations, with immediate effect.
Nitin Mittal, Himani Agrawal, and Aparna Kondaboina will take on new roles to drive the company’s AI initiatives and overall business strategy in the region, according to a statement.
Nitin Mittal has joined...
Economic gains from artificial intelligence will boost global output by around 0.5% a year between 2025 and 2030, outweighing the costs of rising carbon emissions by the data centres needed to run AI models, the International Monetary Fund said on Tuesday.
An IMF report released at its annual spring meeting...
Flipkart, India’s leading e-commerce platform has decided to relocate its holding company from Singapore to India.
Speaking on this development, a Flipkart spokesperson said, “This strategic decision reflects our deep and unwavering commitment to India and its remarkable growth. We are inspired by the Government of India’s strong vision and...
The Competition Commission of India (CCI) on Monday through a majority order, has approved a settlement proposal submitted by Google in connection with the Android TV case, marking a key resolution under the newly notified Competition Commission of India (Settlement) Regulations, 2024. The settlement amount has been finalized at...
Appliances & Consumer Electronics major Samsung is introducing artificial intelligence-based commands for vernacular languages and India-specific features to drive growth in the highly competitive domestic appliances market here, said executives of the South Korean company.
The Chaebol is quite encouraged by the growth of the registered user base of...
US stocks fell sharply last night, hit by a double blow from Nvidia’s China-related warning and Federal Reserve Chair Jerome Powell’s caution over the economic impact of tariffs. The Nasdaq Composite sank 3.07 per cent, edging closer to bear market territory. The S&P 500 slid 2.24 percent, weighed down...
Global gold prices surpassed the 3,300 dollar mark for the first time today, as investors sought safe-haven assets after US President Donald Trump ordered a probe into potential new tariffs on US critical mineral imports. Spot gold price in international markets was up 2.4 percent to 3,311 an ounce,...
The World Trade Organization (WTO) has released its Trade Forecast for 2025 and 2026. The report has predicted that global trade will fall this year as a result of tariffs by United States President Donald Trump. WTO Director General Ngozi Okonjo-Iweala said in a statement that China-US decoupling is...
India is expected to remain the fastest-growing major economy with a 6.5 per cent growth rate in 2025 while global growth is seen as marking a shift towards a recessionary path, according to the latest UN Trade and Development (UNCTAD) report. India has been listed among the countries that...
