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Elon Musk's Social Media Firm X Bought by His AI Company, Valued at $33 Billion
Elon Musk's xAI has acquired X in a deal that values the social media platform at $33 billion (roughly Rs. 2,82,447 crore). Much of the deal's specifics remain unclear, such as how X's leaders would be integrated in the new firm or whether there would be regulatory scrutiny.
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Qatar Commits To Investing $10 Billion In India
Indian Prime Minister Narendra Modi said he had a "very productive meeting" with Qatar's Emir, who was on a two-day visit to New Delhi.
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"Once In A Lifetime Opportunity": Amazon To Spend $100 Billion On AI, Cloud
Amazon on Thursday reported its fourth-quarter net income doubled to $20 billion, with net sales rising 10 percent to $187.8 billion.
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iPhone 15 Becomes the Best-Selling Smartphone of 2024, Samsung Also on the List With 3 Models: Canalys
Apple dominated the list of the original equipment manufacturers (OEMs) with the most smartphones shipped in 2024, according to claims by a market research firm. The Cupertino-based technology giant had as many as seven iPhone models in the top 10 best-selling smartphones of 2024 list, with its new flagship iPhone 16 Pro Max also becoming a runaway...
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Mark Zuckerberg Says Meta to Spend Up to $65 Billion on AI in 2025
Mark Zuckerberg plans to invest as much as $65 billion (roughly Rs. 5,61,908 crore) on projects related to artificial intelligence in 2025. Zuckerberg’s announcement comes days after OpenAI, SoftBank Group Corp. and Oracle Corp. announced a $100 billion (roughly Rs. 8,64,404 crore) joint venture called Stargate to build out data centers and A...
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Tata Motors Looks to Local Battery Play as EV Competition Rises
Tata's EV market lead shrunk to 62 percent in 2024 from 73 percent a year ago as rival JSW MG Motor gained share with its new cars. This year, Mahindra & Mahindra, Hyundai Motor and market leader Maruti Suzuki will also launch EVs in India.
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Pixxel to Launch India’s First Private Satellite Network, Eyes $19 Billion Market
Pixxel is set to launch three of its six hyperspectral imaging satellites aboard a SpaceX rocket from California on Tuesday. The launch is scheduled to take place at the Vandenberg Space Force Base at around 10:45 a.m. Pacific Time (1845 GMT) on Tuesday - just after midnight the next day in India - subject to final approvals.
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Was Moana A Copy? Disney Faces $10 Billion Lawsuit From Animator
Animator Buck Woodall is suing Disney for $10 billion, or 2.5 per cent of Moana's gross revenue.
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10 Dead, 10,000 Buildings Destroyed: Los Angeles Wildfires In Numbers
Ten people dead, 10,000 buildings destroyed, 180,000 people evacuated, $150 billion in damage.
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Rs 2 Billion Electricity Bill Shocker For Himachal Man. His Previous Bill Was...
Lalit Dhiman, a businessman in Beherwin Jattan village, received a bill amount of Rs 2,10,42,08,405 for December 2024.
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NXP Semiconductors Could Make Upto 10 Percent Revenue from India by 2030, Executive Says
NXP Semiconductors could generate between eight percent and 10 percent of its revenue from India over the next three to five years. India's growing automotive and industrial sectors are expected to boost the company's sales in the region, NXP India head Hitesh Garg said on the sidelines of an industry event in the tech hub of Bengaluru.
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iPhone Production in India Reaches $10 Billion Milestone With PLI Scheme, Says IT Minister
Apple’s iPhone production in India hit the $10 billion (roughly Rs. 84,000 crore) freight-on-board (FoB) value between the months of April and October of FY25, IT Minister Ashwini Vaishnaw revealed, citing a report, on Monday. This translates into a growth of 37 percent compared to the same period in FY24, courtesy of the government’s productio...
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Rising Seas To Cost Pacific Island Nations $10 Billion - Their 20-Year GDP
Adapting to a sea level rise of up to 0.5 metres (1.64 feet) will cost the three most vulnerable Pacific atoll nations nearly $10 billion - equivalent to about 20 years of gross domestic product - the World Bank said in a report on Thursday.
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Gautam Adani Commits $10 Billion To Energy, Resilient Infra Projects In US
Adani Group Chairman Gautam Adani today said the Group will invest $10 billion in US energy security and infrastructure projects, aiming to create up to 15,000 jobs in America.
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Trump's Re-Election Spurs Record $64 Billion Surge For World's Wealthiest
The re-election of Donald Trump spurred a surge in wealth for the worlds 10 richest billionaires, who collectively gained $64 billion in a single day.
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Elon Musk's Social Media Firm X Bought by His AI Company, Valued at $33 Billion
Elon Musk's xAI has acquired X in a deal that values the social media platform at $33 billion (roughly Rs. 2,82,447 crore). Much of the deal's specifics remain unclear, such as how X's leaders would be integrated in the new firm or whether there would be regulatory scrutiny.
-
Qatar Commits To Investing $10 Billion In India
Indian Prime Minister Narendra Modi said he had a "very productive meeting" with Qatar's Emir, who was on a two-day visit to New Delhi.
-
"Once In A Lifetime Opportunity": Amazon To Spend $100 Billion On AI, Cloud
Amazon on Thursday reported its fourth-quarter net income doubled to $20 billion, with net sales rising 10 percent to $187.8 billion.
-
iPhone 15 Becomes the Best-Selling Smartphone of 2024, Samsung Also on the List With 3 Models: Canalys
Apple dominated the list of the original equipment manufacturers (OEMs) with the most smartphones shipped in 2024, according to claims by a market research firm. The Cupertino-based technology giant had as many as seven iPhone models in the top 10 best-selling smartphones of 2024 list, with its new flagship iPhone 16 Pro Max also becoming a runaway...
-
Mark Zuckerberg Says Meta to Spend Up to $65 Billion on AI in 2025
Mark Zuckerberg plans to invest as much as $65 billion (roughly Rs. 5,61,908 crore) on projects related to artificial intelligence in 2025. Zuckerberg’s announcement comes days after OpenAI, SoftBank Group Corp. and Oracle Corp. announced a $100 billion (roughly Rs. 8,64,404 crore) joint venture called Stargate to build out data centers and A...
-
Tata Motors Looks to Local Battery Play as EV Competition Rises
Tata's EV market lead shrunk to 62 percent in 2024 from 73 percent a year ago as rival JSW MG Motor gained share with its new cars. This year, Mahindra & Mahindra, Hyundai Motor and market leader Maruti Suzuki will also launch EVs in India.
-
Pixxel to Launch India’s First Private Satellite Network, Eyes $19 Billion Market
Pixxel is set to launch three of its six hyperspectral imaging satellites aboard a SpaceX rocket from California on Tuesday. The launch is scheduled to take place at the Vandenberg Space Force Base at around 10:45 a.m. Pacific Time (1845 GMT) on Tuesday - just after midnight the next day in India - subject to final approvals.
-
Was Moana A Copy? Disney Faces $10 Billion Lawsuit From Animator
Animator Buck Woodall is suing Disney for $10 billion, or 2.5 per cent of Moana's gross revenue.
-
10 Dead, 10,000 Buildings Destroyed: Los Angeles Wildfires In Numbers
Ten people dead, 10,000 buildings destroyed, 180,000 people evacuated, $150 billion in damage.
-
Rs 2 Billion Electricity Bill Shocker For Himachal Man. His Previous Bill Was...
Lalit Dhiman, a businessman in Beherwin Jattan village, received a bill amount of Rs 2,10,42,08,405 for December 2024.
-
NXP Semiconductors Could Make Upto 10 Percent Revenue from India by 2030, Executive Says
NXP Semiconductors could generate between eight percent and 10 percent of its revenue from India over the next three to five years. India's growing automotive and industrial sectors are expected to boost the company's sales in the region, NXP India head Hitesh Garg said on the sidelines of an industry event in the tech hub of Bengaluru.
-
iPhone Production in India Reaches $10 Billion Milestone With PLI Scheme, Says IT Minister
Apple’s iPhone production in India hit the $10 billion (roughly Rs. 84,000 crore) freight-on-board (FoB) value between the months of April and October of FY25, IT Minister Ashwini Vaishnaw revealed, citing a report, on Monday. This translates into a growth of 37 percent compared to the same period in FY24, courtesy of the government’s productio...
-
Rising Seas To Cost Pacific Island Nations $10 Billion - Their 20-Year GDP
Adapting to a sea level rise of up to 0.5 metres (1.64 feet) will cost the three most vulnerable Pacific atoll nations nearly $10 billion - equivalent to about 20 years of gross domestic product - the World Bank said in a report on Thursday.
-
Gautam Adani Commits $10 Billion To Energy, Resilient Infra Projects In US
Adani Group Chairman Gautam Adani today said the Group will invest $10 billion in US energy security and infrastructure projects, aiming to create up to 15,000 jobs in America.
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Trump's Re-Election Spurs Record $64 Billion Surge For World's Wealthiest
The re-election of Donald Trump spurred a surge in wealth for the worlds 10 richest billionaires, who collectively gained $64 billion in a single day.
