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India's Serious Fraud Office recommends 'detailed' probe into Xiaomi's business in countryIndia's Serious Fraud Office proposed investigating Xiaomi for alleged business irregularities. The probe would examine fund movements and ...- Global Market: Amazon diversifies debt funding with first Sterling bond offeringAmazon has launched its first sterling-denominated bond sale, with four maturities ranging from three to 19 years, as hyperscalers diversif...
- Amazon, Flipkart's multi-front war; India set for more GCCsHappy Wednesday! Amazon and Flipkart have broadened their bets as quick commerce platforms chip away at their share of user base. This and ...
- Amazon hires banks for first ever sterling bond saleAmazon has engaged banks to facilitate its inaugural sterling bond sale, targeting a range of maturities. This initiative aligns with the t...
- Broking firm Upstox offers US stocks, opens access to 8,000+ listed firms, 2,000+ ETFsWith this, Upstox will be joining a segment where players such as Vested Finance and IndMoney already provide Indians access to global equi...
- Jeff Bezos' ex-wife MacKenzie Scott, who sold more than half her Amazon stake, gives $45 million to Trevor Project - the largest single donation in its 27-year historyMacKenzie Scott has given The Trevor Project its largest-ever donation, a $45 million unrestricted gift that comes as the LGBTQ+ youth orga...
- Jefferies’ Chris Wood sees a structural bear market in US bonds. What it means for stocks and goldJefferies has warned that persistent pressure on US Treasury yields could create a challenging environment for equity markets, particularly...
- Can Big Tech’s $1-trillion AI bet pay off? Jefferies explains why it remains bullishJefferies remains bullish on Big Tech’s $1-trillion AI investment despite near-term financial pressure. Rising customer backlogs, strong cl...
- Quote of the Day by Mackenzie Scott: "People who have worked their whole lives in service to others should not have to beg billionaires..." Her powerful call to flip the power dynamic in philanthropy, trust the people doing the work and rethink how wealth is used to create changeQuote of the day by Mackenzie Scott "People who have worked their whole lives in service to others should not have to beg billionaires for ...
- Nvidia buying artificial intelligence platform Hugging Face for $13 billionJensen Huang wrote in a blog post Thursday that more than 18 million developers, researchers and creators use Hugging Face to share more th...
- US Market: Rising R-star adds to pressure on US Treasury yields as AI investment, borrowing lift demand for capitalUS Treasury yields are rising partly on expectations that R-star, the economy’s neutral interest rate, may be structurally higher. Heavy go...
- Chinese AI firm Moonshot files confidentially for Hong Kong IPOMoonshot's latest version, Kimi K3 released in July, has met with positive reviews and robust demand, and sources have said the startup is ...
- Layoffs at Uber; Astrobase eyes fresh fundraiseUber will cut thousands of jobs in a restructuring move. This and more in today’s ETtech Top 5.
- Aswath Damodaran disagrees with Vinod Khosla on the scaling vs profitability debate. Here’s whyAswath Damodaran has challenged Vinod Khosla’s view that companies should prioritise scaling over profitability. Damodaran argues that the ...
- Silicon Valley-based Cradlewise bags $12 million led by 3one4 Capital, Prudent InvestmentFounded in 2017 by wife-husband duo Radhika and Bharath Patil, Cradlewise develops AI-powered smart cribs with an integrated baby monitor t...
- Satcom spectrum fee: DCC may soon decide airwave charges, allocation termsA forthcoming inter-ministerial panel meeting will address the fees and allocation frameworks for satellite spectrum. It is anticipated tha...
- Explained: How multi-decade high global bond yields spell caution for Indian stock market investorsGlobal bond yields are surging as oil-driven inflation, rising debt, heavy AI borrowing and hawkish central-bank expectations unsettle mark...
- Tech layoffs continue; ITC Infotech-Happiest Minds to mergeHappy Tuesday! Tech giants Oracle and Microsoft are planning to restructure their India workforces. This and more in today’s ETtech Morning...
- Jeff Bezos pledged $10 billion for climate change: Lauren Sánchez's $100 million plan is transforming unused spaces in Los Angeles, Atlanta, Pennsylvania, Indianapolis and other US citiesLauren Sánchezis helping direct Amazon founder Jeff Bezos’ $10 billion climate fund. In July this year, the fund announced a $100 million i...
- MacKenzie Scott has given away 5 times more than Jeff Bezos despite his $280 billion net worth, 8x greater fortune and 13x more Amazon stockMacKenzie Scott has given away roughly five times more money than her ex-husband Jeff Bezos, even though Bezos has a $280 billion net worth...
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