Ola Electric loses market lead to TVS Motor after sales decline
Ola registered 19,709 vehicles last month, capturing a 21.46% market share.
View ArticleAirbnb deploys AI customer service bot, 50% of US users on board
CEO Brian Chesky announced that the bot has reduced the need for live human agents by 15%.
View ArticleApple’s Greater China sales drop 2.25% on local rival, US tariffs
This continues a downward trend, following an 8% sales drop for the fiscal year ending September 2024.
View ArticleUS PE firm raises $800m fund to cut industrial carbon emissions
Ara Partner's strategy focuses on repurposing existing industrial assets for low-carbon initiatives.
View ArticleTikTok fined $600m by EU for failing to protect user data
TikTok must suspend data transfers to China unless it complies within six months.
View ArticleUS Court sets trial over Google’s ad tech case on September
The DOJ plans to propose that Google divest parts of its ad tech business, including its ad exchange and publisher ad server.
View ArticleFintech firm Block shares drop 20% after weak Q1 earnings
Block's gross profit of US$1.38 billion fell short of expectations.
View ArticleTether to launch US stablecoin aligned with regulations
CEO Paolo Ardoino noted that the launch will depend on the timeline of US legislation.
View ArticleGoogle Wallet integrates privacy-focused ID verification
Google envisions using digital IDs for applications like domestic flight passes in the US.
View ArticleApple shares drop 5% after stock buyback cut, tariff hit
Despite these challenges, Apple posted a quarterly revenue of US$95.36 billion, slightly exceeding expectations.
View ArticleChinese EV deliveries show strong growth for Xpeng, BYD
BYD sold 372,615 vehicles, with 79,086 sold overseas, setting a new record.
View ArticleGoogle can train AI on content even if publishers opt out: exec
The DOJ has asked a federal court to order Google to divest its Chrome browser, stop paying to be the default search engine.
View ArticleApple, Anthropic team up on AI-powered coding platform
This marks a shift from Apple’s usual preference for in-house AI development.
View ArticleTrump’s tariffs: Chinese robot maker suspends $1.6m US deal
Lingdu sells products in over 20 regions, including Europe and the Middle East.
View ArticleBanking on humanity’s future
Yangtze Memory Technologies Co, Ather Energy, Craif, and more raised funds this week.
View ArticleUS lawmakers push to delist Alibaba, Baidu over security risk
The lawmakers said these firms, though appearing commercial, serve state purposes and pose risks to US investors.
View ArticleIndonesia’s first national data center ready by June 2025
It includes 25,000 processor cores, 200 terabits of memory, and 40 petabytes of storage.
View ArticleUK to ban credit cards for crypto purchases
This move comes as the government prepares comprehensive regulations for the crypto sector.
View ArticleID antitrust agency accuses 97 lending startups of cartel
If found guilty, the startups could face fines of up to 50% of profits from the violations or 10% of their sales.
View ArticleUS presses Google to share data, citing Yahoo Japan 2010 deal
Justice Department lawyer David Dahlquist argued this deal shows Google’s ability to share data with third parties.
View ArticleTrump’s tariffs: Taiwan says US talks boost economic ties
President Lai Ching-te said that Taiwan will not seek retaliatory measures and aims for a "zero tariff" arrangement.
View ArticleGoogle to allow kids under 13 access to Gemini chatbot
Google said that Gemini includes safeguards designed for younger users.
View ArticlePeak XV seeks $1.4b for its first independent fund in India, SEA
This will be Peak XV’s ninth fund since launching in India in 2006, bringing its total capital raised to nearly US$9 billion.
View ArticleSwiggy halts hyperlocal delivery service in major Indian cities
This isn't the first pause—Swiggy halted the service in 2022 due to rising demand for food delivery and quick commerce.
View ArticleIndian EV startup Ather IPO sees 1.43x demand, big gains
IIT Madras, which incubated Ather in 2013, will also benefit significantly, with returns of nearly 40x.
View ArticleTSMC leads Taiwan’s patent filings in Q1 2025
A total of 17,063 patent applications were filed in Taiwan in Q1 2025, with 12,202 invention patents.
View ArticleApple allows external payments after Epic Games ruling
Outside the US, Apple’s policies remain unchanged, and Epic Games' Fortnite is expected to return soon.
View ArticleSamsung appeals $520m India import tax on 4G equipment
Authorities also fined seven Samsung employees a total of US$81 million, bringing the total demand to US$601 million.
View ArticleScale AI founder defends military ties, urges US AI focus
Founded in 2016, Scale AI has raised US$1.3 billion and is valued at US$13.8 billion.
View ArticleMENA startups raise $180m funding over the past week
Saudi Arabia and the UAE led the funding activities, reinforcing their roles as innovation hubs in the region.
View ArticleBuffett picks long-time deputy Abel as successor at Berkshire
Buffett, 94, plans to present the decision to the company’s 11-member board, including his children, at a meeting on May 4.
View ArticleTaiwanese AI cancer test firm seeks funding in Hong Kong
Pharus recently won the Jumpstarter technology competition organized by the Alibaba Entrepreneurs Fund.
View ArticleSpaceX employees vote to create new city called Starbase
Starbase, located near the Gulf of Mexico, is closely linked to SpaceX operations.
View ArticleIndian data hosting firm RackBank to build AI data center
The total investment may reach 3,000 crore rupee (US$354.89 million) over the next five years.
View ArticleIndia’s BluSmart shuts down, leaving drivers, employees in limbo
Employees have faced salary delays since March, with no termination notices or clarity on the company's plans.
View ArticleNo drama, just succession at Glints
The CEO of Singaporean jobs platform Glints steps down after 12 years, and the possible impact of the tariff wars on ASEAN.
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