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Category: Business News

23Jan

Tesla begins driverless Robotaxi rides in Austin, Musk says

Tesla CEO Elon Musk said on Thursday that the company has started Robotaxi rides in Austin without safety monitors in the car. Tesla is likely to win regulatory approval in…
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22Jan

BitGo prices IPO at $18 a share, Bloomberg reports

BitGo Holdings has priced its ​initial public offering at $18 per ‌share, above the marketed range, Bloomberg News reported on Wednesday, citing people familiar with ‌the matter. The Paper Fuel…
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22Jan

Australia jobs surge, unemployment hits 7-month low, rate hike bets jump

Sydney: Australia's jobless rate dropped to a seven-month low and employment figures blew past forecasts in December, prompting markets to now factor in a more than 50% chance of an…
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22Jan

Apple to Turn Siri into AI Chatbot in Major OS Revamp

Apple plans to revamp Siri later this year by turning the digital assistant into the company's first artificial intelligence chatbot, Bloomberg News reported on Wednesday. The chatbot, code-named Campos, will…
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22Jan

Eightfold AI sued in California over alleged secret job applicant screening

Eightfold AI, a venture capital-backed artificial intelligence hiring platform used by Microsoft, PayPal and many other Fortune 500 companies, is being sued in California for allegedly compiling reports used to…
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22Jan

Archer Aviation partners with Serbia to expand global eVTOL footprint

Archer Aviation said on Wednesday it had partnered with Serbia as the country's preferred electric vertical take-off and landing aircraft partner, in a move to expand into global markets. As…
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22Jan

Honeywell settles lawsuit with Flexjet, looks to revive partnership

Honeywell said on Wednesday it had reached an agreement with private aviation company Flexjet to resolve their litigation and aims to rebuild their commercial partnership. The industrial conglomerate said it…
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22Jan

Canada court blocks TikTok shutdown, orders government review

Canada's federal court on Wednesday overturned a government order to close TikTok's Canadian operations, allowing the short-video app to keep operating for now, and told Ottawa to review the case.…
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22Jan

Walmart to cut PhonePe stake by 12% in IPO, Tiger Global and Microsoft to exit

Walmart will trim its stake in PhonePe by ‌about 12% in the Indian payments firm's much-anticipated initial public offering, while Tiger Global and Microsoft plan to exit their stakes, according…
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22Jan

Volvo Cars unveils its EX60 electric SUV

Stockholm: Volvo Cars said on Wednesday that its new electric mid-sized SUV, the EX60, will have a similar price tag to the plug-in hybrid version of the same model, as…
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