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Board members aware of Musk’s drug use, friends told him to go to rehab: Report

Feb 5, 2024

San Francisco, Feb 5 (IANS) Some board members at Tesla and SpaceX are aware of the "use of illegal drugs" by Elon Musk and regularly do drugs with him, "because they think refraining could upset the billionaire, who has made them a lot of money," the media reported. They "don't want to risk losing the social capital that comes from being close to…

Emergency Arbitrator denies Sony’s application against Zee

Feb 4, 2024

New Delhi, Feb 4 (IANS) The Singapore International Arbitration Centre (SIAC) has denied the application for emergency interim relief filed by Sony against Zee Entertainment.The Emergency Arbitrator has passed an award dated February 4,…

Business

Apple plans to buy AI startup to strengthen its Vision Pro: Report

Feb 4, 2024

San Francisco, Feb 4 (IANS) Apple is planning to acquire a German AI startup -- Brighter AI, specialising in anonymising face and licence plate data, a media report has said.According to 9to5Mac, citing sources, the tech giant aims to use…

Business

3 indigenously-developed tech transferred to 12 industries in India

Feb 4, 2024

New Delhi, Feb 4 (IANS) Three indigenously-developed technologies -- thermal camera, CMOS camera, and Fleet Management System -- were transferred to 12 industries in India on Sunday.During the launch of "Digital India FutureLABS Summit…

Business

Post a sensible Budget, markets have rallied; now, a consolidation is needed

Feb 4, 2024

New Delhi, Feb 4 (IANS) The week gone by was super eventful, volatile and action packed. We had the last of the Union budgets by the present government being presented. Even though it was just a vote-on-account, there was expectation which…

Business

Spacetech startup raises $15.5 mn to harvest natural resources from Moon

Feb 4, 2024

San Francisco, Feb 4 (IANS) Interlune, a spacetech startup led by former Blue Origin leaders, has quietly raised $15.5 million in new funding and aims to close another $2 million, according to its filing with the US Securities and Exchange…

Business

Hyundai, Kia’s EV sales surpass 1.5 mn units

Feb 4, 2024

Seoul, Feb 4 (IANS) South Korea's Hyundai Motor and its smaller affiliate Kia on Sunday said their combined electric vehicle sales exceeded 1.5 million units as of December, 12 years after Hyundai debuted its first EV model.Hyundai launched…

Business

Markets expect RBI to maintain status quo in policy meeting

Feb 4, 2024

New Delhi, Feb 4 (IANS) Domestic markets will focus on the RBI policy meeting in the coming week.With the US Fed and Interim Budget now behind, all eyes will be on RBI’s policy meeting. We expect the central bank to maintain its status quo,…

Business

Ashneer Grover shares pic of Tesla car in Delhi, users react

Feb 4, 2024

New Delhi, Feb 4 (IANS) BharatPe's former MD Ashneer Grover has shared a picture of the first "cross-breed" Tesla car in Delhi on the social media platform X.According to the entrepreneur post, the car, a BYD (Build Your Dreams) Atto 3 in…

Business

WB Budget 2024-25: Caught between ‘dole expectations’ and ‘revenue pressure’

Feb 4, 2024

Kolkata, Feb 4 (IANS) As the West Bengal Minister of State for Finance (Independent charge), Chandrima Bhattacharya, is all set to present the state budget for the financial year 2024-25 this week, economists and the people of the state are…

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