BUSINESS

Corporate India In Spotlight After Political Donor List Release

Chart showing political donations in India, top 10 companies by bonds bought, in the period of April 2019 - January 2024, according to Election Commision data.
Huge donations by firms under criminal investigation or suspected of being shell companies have been funnelled to India's ruling BJP and other parties, new data showed, highlighting the backscratching ties between corporate titans and the government.
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Apple Watches on display in Cupertino, California on September 12, 2023

Apple's 'Walled Garden' Under Fire In Lawsuit

Call it a "walled garden" or an ecosystem, but at the heart of Thursday's blockbuster US lawsuit against Apple are the many ways the company gets customers to remain faithful to its products.
Reddit's plans for making money include licensing data for 'teaching' large language models used to power artificial intelligence

Social Media Company Reddit Set For NYSE Debut After IPO

Reddit is set to debut Thursday on the New York Stock Exchange under the ticker RDDT after an IPO priced at $34 dollars a share, the company said Wednesday in a statement, which would value the platform at around $6.4 billion.
The UN General Assembly chamber is seen in February 2023

UN General Assembly To Address AI's Potential Risks, Rewards

The UN General Assembly will turn its attention to artificial intelligence on Thursday, weighing a resolution that lays out the potentially transformational technology's pros and cons while calling for the establishment of international standards.
The Reddit logo displayed on a cell phone and computer monitor

Social Media Company Reddit Rides High In IPO

The Reddit social network said Wednesday it had priced at the top of its expected range ahead of going public on the New York Stock Exchange, in a sign of enthusiasm by investors.
Intel CEO Pat Gelsinger (L) and Intel Factory Manager Hugh Green (R) watch as US President Joe Biden (C) looks at a semiconductor wafer during a tour at Intel Ocotillo Campus in Chandler, Arizona

Biden Unveils Almost $20 Bn For Intel To Boost US Chip Production

US President Joe Biden unveiled almost $20 billion in grants and loans Wednesday for Intel's domestic chip-making plants -- his administration's biggest investment yet in the sector as he takes on China's chip dominance and sells his economic achievements over election rival Donald Trump.

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