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Category: Business News

17Jan

South Korea Says U.S. 25% Chip Tariff Will Have Limited Impact on Firms

Seoul: South Korea's trade minister said on Saturday that a U.S. proclamation imposing a 25% tariff on certain advanced computing chips would have a limited impact on South Korean companies.…
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17Jan

Nigeria grants satellite broadband permits to Amazon Kuiper, NSLComm, Satelio alongside SpaceX

Abuja: Nigeria has issued seven-year satellite permits to Amazon's Kuiper Systems, Israel's NSLComm's BeetleSat and Germany-based Satelio IoT Services, joining Elon Musk-owned SpaceX among operators cleared to expand space-based broadband,…
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17Jan

California AG orders xAI to stop Grok from generating nonconsensual sexual imagery

California Attorney General Robert Bonta on Friday sent a cease-and-desist letter to xAI demanding the company stop the creation and distribution of artificial intelligence-generated nonconsensual sexualized imagery by its Grok…
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17Jan

Tech Mahindra beats Q3 revenue estimates on telecom, manufacturing growth

Bengaluru: Indian software services provider Tech Mahindra reported bigger-than-expected third-quarter revenue on Friday, aided by growth in its communications and manufacturing segments. Revenue at India's fifth-largest IT firm rose 8.3%…
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17Jan

BBC to Produce YouTube Originals in First Streaming Revenue Push, FT reports

The BBC plans to produce programmes for Google's YouTube for the first time, the Financial Times reported on Friday, as the British public broadcaster looks to generate more money as…
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17Jan

U.S. Banks Scramble After Trump Calls for Cap on Credit Card Interest Rates

New York: U.S. banks on Tuesday face a tricky political test in how to address a call from President Donald Trump to cap credit card interest rates - leaving the…
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17Jan

China blocks Nvidia H200 imports, suppliers halt production: FT

Suppliers of parts for Nvidia's H200 have paused production after Chinese customs officials blocked shipments of the newly approved artificial intelligence processors from entering China, the Financial Times reported on…
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17Jan

US regulators give Tesla five-week extension in Full Self-Driving probe

U.S. auto safety regulators have granted Tesla a five-week extension to respond to an investigation into whether its vehicles violated traffic laws while the Elon Musk-led company's Full Self-Driving system…
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16Jan

Publishers seek to join lawsuit against Google over AI training

Publishers Hachette Book Group and Cengage Group asked a California federal court on Thursday for permission to intervene in a proposed class action lawsuit against Google over the alleged misuse…
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16Jan

Porsche Sales Sink to 16-Year Low as China Demand Slumps

German sports car maker Porsche suffered its biggest annual sales decline in 16 years in 2025, joining fellow Volkswagen subsidiary Audi and Mercedes-Benz in struggling with weak demand and fierce…
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