Reuters
Stories by Reuters
Twitter’s cash flow still negative as ad revenue slumps 50%, says Musk
This is the latest sign that aggressive cost-cutting measures alone are not enough.
Maxis to use state-run 5G network—the last major Malaysian telco to get on board
The company expects operating expenses of about $80m per year for the access.
India’s JSW Steel considering bid for stake in coal unit of Canada’s Teck: report
JSW is in discussions with banks over potential financing for the acquisition, Bloomberg reported.
Binance lays off employees days after executive exodus
Last week, a string of executives quit Binance, which included its Chief Strategy Officer Patrick Hillmann.
VinFast’s SPAC partner for US listing extends its lifespan by one year
The Hong Kong-based SPAC has until July 20, 2024 to merge with a target company.
Online gaming firms relocating to avoid tax will be ‘risky’: Indian official
The government on Tuesday announced the levy on the $1.5b online gaming industry.
India’s fin min not considering tax waivers for Tesla: senior official
Any duty waiver for Tesla is not under active consideration of the Department of Revenue.
Alibaba’s Ele.me signs wage, labour safety contracts as tech crackdown ends
The contracts will apply to 3 million workers on the platform across 11,000 delivery stations in China.
Elon Musk launches AI firm xAI as he looks to take on OpenAI
Musk co-founded OpenAI in 2015 but stepped down from the company's board in 2018.
Carlyle, Trustar approach GIC, Mubadala to sell stake in McDonald’s China: report
Carlyle and Trustar aim to raise $4b.
