A high-profile legal battle between Elon Musk and OpenAI’s Sam Altman is now underway in a federal court in Oakland, California
Browsing: Business
Meta plans to unwind Manus acquisition after China blocked deal, raising tensions ahead of Trump-Xi Beijing summit.
Tech firms cut jobs while investing billions in AI chips, compute, and tokens, reshaping labor and future economies.
Aura to raise $100 million to support the combined group’s balance sheet and fund transaction costs.
Indian American automotive veteran to drive distribution growth at professional-grade tools, solutions, and equipment provider.
Sun Pharma to acquire Organon in a $12B deal, expanding global reach and strengthening its specialty drug portfolio.
Zoho co-founder Sridhar Vembu urges Indians in America to return home and boost India’s technological future growth.
Oracle secures $16 billion funding for Michigan data center campus, boosting AI infrastructure amid local environmental concerns.
China blocks Meta’s $2 billion Manus acquisition, raising concerns over AI investment rules, foreign deals, and Singapore relocations.
Elon Musk and Sam Altman face trial over OpenAI dispute involving profit shift claims and leadership battle.
Indian American LinkedIn veteran tasked with leading technology strategy and innovation across both ecosystems.
Bob Iger rejoins Thrive Capital Disney exit as AI investment focus grows amid leadership changes and succession shifts
Nike cuts 1,400 jobs globally as tech teams face layoffs amid slowing sales, restructuring efforts and growing competitive market pressure.
Meta plans 8,000 layoffs in May as company redirects resources toward artificial intelligence and efficiency goals
Microsoft plans buyouts for 9,000 US employees as AI spending and soaring data center costs pressure margins.
The proposed Paramount-Warner merger raises concerns over jobs, creativity, and New York’s economy amid political scrutiny.
SpaceX told prospective investors that its board will not be required to have a majority of independent directors
Netflix announces $25B buyback after abandoning Warner Bros Discovery bid, signaling shift toward shareholder returns, financial discipline
AI disruption fears hit software stocks as IBM and ServiceNow results trigger sector selloff while chipmakers surge
Shareholders weigh Warner Bros. Discovery-Paramount deal amid governance concerns, compensation debate, and industry shake-up.
Novartis CEO Vas Narasimhan joins Anthropic board signaling push into AI driven drug discovery and healthcare innovation partnerships
Trump amplifies immigration claims targeting Indian Chinese tech workers revives birthright citizenship debate, Silicon Valley hiring tension
At Startup Bazaar: DC Climate Week, Sumit Bhatnagar traces the long arc of building a solar business in a market that took years to arrive
Amazon said it is partnering with Bandsintown, a live event listing platform, to bring concert listings to its music streaming service
OpenAI is partnering with Infosys to integrate its artificial intelligence tools, including coding assistant Codex, into the Indian tech firm’s Topaz AI platform
