Aditya Soni
Stories by Aditya Soni
Musk’s sales warning shaves off $80b from Tesla’s valuation
Musk said on Wednesday that growth would be "notably lower".
Microsoft’s partnership with OpenAI comes under antitrust scrutiny in US, UK
"Other regulatory probes could follow given the growing concentration in AI."
Microsoft-backed ‘Jugalbandi bot’ aims to bridge the language barrier in India with AI
The bot can understand questions in 10 Indian languages.
Meta to fire 10,000 employees in second round of layoffs
The company will also scrap hiring plans for 5,000 openings and cancel lower-priority projects.
Meta to fire 11,000 employees in one of the biggest layoffs this year
It also plans to cut discretionary spending and extend its hiring freeze through the first quarter.
EQT Infrastructure makes $2.3b bid for Australia’s Vocus
The offer comes as Vocus undertakes a turnaround plan aimed at cutting its debt load by selling assets.
Australia’s Kidman Resources agrees to $534m Wesfarmers takeover offer
The offer was pitched at a 47 percent premium to Kidman's last closing price on May 1.
Australian car dealer AP Eagers offers to buy rival Automotive Holdings
The company expects the acquisition to deliver annual cost savings of about A$13.5 million.
Australia’s Lynas rejects $1.1b takeover offer from Wesfarmers
The rejection came a day after Wesfarmers launched a bid of A$2.25 per Lynas share, which represented a near 45 percent premium to the rare earths min
Australia’s Healius rejects $1.2b buyout bid from China’s Jangho Group
Jangho, which is also Healius' biggest shareholder, with a 16 percent stake, made a bid last week to acquire the New South Wales-based company.
