OpenAI to go for restructuring, become for-profit
OpenAI, originally a not-for-profit firm, is planning to restructure itself into a for-profit corporation, with current CEO Sam Altman poise
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Sep 231 min
Xiaomi asks CCI to recall Flipkart report on collusive business practices
Chinese electronics firm Xiaomi has asked the CCI to recall its report that alleged the company colluded with Walmart's Flipkart for exclusi
Sep 222 min
Oyo acquires Blackstone-owned Motel 6 to increase US footprint
Budget hotel company Oyo has reached a deal to acquire US-based G6 Hospitality, which operates Motel 6, in an all-cash $525 million deal.
Sep 202 min
EU to compel Apple to open iOS to rival tech under latest pro-competition law
The European Union on Thursday said it is working on steps to make Apple open its iPhone and iPad operating systems to competing technologi
Sep 191 min
Samsung sues labour union amid factory workers' strike in Chennai
The Chennai unit of Samsung Electronics in India has sued the labour union CITU over its demand to be recognised, even as close to 1,000 of
Sep 22 min
Congress claims Madhabi Buch drew salaries in crores from ICICI while working at SEBI
The Congress on Monday alleged that Securities and Exchange Board of India Chairperson Madhabi Puri Buch drew more than Rs 16 crore in salar
Aug 222 min
Zomato acquires Paytm's ticketing business for $244.1 million
Indian food delivery giant Zomato has acquired the entertainment ticketing business of fintech firm Paytm for $244.1 million, in a bid to di
Jul 111 min
Chip giant TSMC breaks into trillion-dollar club
Taiwan's chip giant TSMC transcended the trillion-dollar market value this week, moving ahead of Tesla's, the seventh most valuable technolo
Jul 102 min
Airbnb neglected hidden camera complaints from multiple guests over years, reveals investigation
Airbnb, one of the world’s largest short-term rental companies, has been found to have been frequently neglecting guests' complaints of find
Jun 12 min
Shareholder sues Elon Musk of 'insider trading' for selling Tesla stakes ahead of underwhelming report
A Tesla shareholder has sued CEO Elon Musk for alleged insider trading by selling his shares just ahead of disappointing sales figures for t
Mar 272 min
India's start-up funding decline by half in Q1 2024
Indian tech start-up funding saw a downturn in the first quarter of 2024, marking a 51 per cent decline from the same period last year, a...
Mar 212 min
Reddit CEO draws criticism over 'super salary' ahead of stock market debut
Reddit co-founder and CEO Steve Huffman has come under fire from both Redditors and media outlets following the disclosure of his...
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