International Business News

Google says 20% of workers will be remote, 60%  to work three days from office after its offices reopen this fall

Google says 20% of workers will be remote, 60% to work three days from office after its offices reopen this fall

Most of Google's 135,000 employees can continue to work from home through September of this year.

May 06, 2021, 09:02 AM IST
How will Bill and Melinda Gates divide their assets of over $146 billion post divorce? Reports say THIS

How will Bill and Melinda Gates divide their assets of over $146 billion post divorce? Reports say THIS

The divorce announcement by Bill Gates and his wife Melinda Gates puts focus on the couple's sprawling Seattle-based organisation, The Bill and Melinda Gates Foundation.

May 05, 2021, 09:58 AM IST
Letter to US Trade Representative Tai urges to oppose request by India, other nations for TRIPS waiver on COVID-19 vaccines

Letter to US Trade Representative Tai urges to oppose request by India, other nations for TRIPS waiver on COVID-19 vaccines

The requested waiver will provide many people with possible access to vaccines and treatments for COVID-19, including in developing countries.

May 05, 2021, 07:09 AM IST
Bitcoin sinks below $50,000 as cryptos stumble over Joe Biden's tax plans

Bitcoin sinks below $50,000 as cryptos stumble over Joe Biden's tax plans

The selloff came after reports that the Biden administration was planning a raft of proposed changes to the U.S. tax code, including a plan to nearly double taxes on capital gains to 39.6% for people

Apr 23, 2021, 15:33 PM IST
Ant Group explores ways for founder Jack Ma to exit as Beijing piles pressure

Ant Group explores ways for founder Jack Ma to exit as Beijing piles pressure

The company hoped Ma`s stake, worth billions of dollars, could be sold to existing investors in Ant or its e-commerce affiliate Alibaba Group Holding Ltd without involving any external entity, one of

Apr 19, 2021, 17:50 PM IST
Amazon Prime hits 200M users globally, Jeff Bezos in final annual letter to shareholders

Amazon Prime hits 200M users globally, Jeff Bezos in final annual letter to shareholders

In his final annual letter to Amazon`s shareholders on Thursday, Bezos who will be replaced by former AWS head Andy Jassy as Amazon CEO this year, said that customers have connected more than 100

Apr 16, 2021, 17:34 PM IST
TikTok’s founder net worth soars to $60 billion, becomes one of the richest men in the world

TikTok’s founder net worth soars to $60 billion, becomes one of the richest men in the world

Overall, the revenue of ByteDance grew 2x last year after the company expanded its play into areas such as ecommerce and online gaming.

Apr 14, 2021, 16:53 PM IST
Bumper job opening in Tesla! Vacancy for over 10,000 people, confirms Elon Musk

Bumper job opening in Tesla! Vacancy for over 10,000 people, confirms Elon Musk

Tesla Chief Executive Officer Elon Musk`s personal wealth has been boosted by a more than eight-fold surge in the stock`s value last year.

Apr 05, 2021, 17:43 PM IST
LG Electronics exits from loss-making mobile business

LG Electronics exits from loss-making mobile business

The South Korean tech powerhouse said in a regulatory filing that its mobile communications (MC) unit will no longer produce and sell handsets after July 31, citing its long slump and fierce

Apr 05, 2021, 17:29 PM IST
ByteDance hires Xiaomi executive as CFO, moving towards IPO

ByteDance hires Xiaomi executive as CFO, moving towards IPO

Chinese smartphone maker Xiaomi said earlier today in a filing to Hong Kong Exchange that Chew had resigned.

Mar 24, 2021, 18:05 PM IST
AirAsia Food launches food delivery service, appoints 500 riders for on-time delivery

AirAsia Food launches food delivery service, appoints 500 riders for on-time delivery

This is aligned with their "super-app" strategy to diversify revenues following the devastation caused by the COVID-19 pandemic to the airline industry. Airlines around the world are struggling to

Mar 15, 2021, 12:58 PM IST
Warren Buffet enters $100 billion rich club, check out top 5 billionaires in the elite list

Warren Buffet enters $100 billion rich club, check out top 5 billionaires in the elite list

Buffett’s net worth rose to $100.4 billion, according to the Bloomberg Billionaires Index.

Mar 12, 2021, 10:31 AM IST
International Women's Day: Google announces $25 mn fund to empower women, support for one million female entrepreneurs in India

International Women's Day: Google announces $25 mn fund to empower women, support for one million female entrepreneurs in India

On the occasion of International Women's Day, Pichai also committed to help 1 million women in rural villages in India to become entrepreneurs through business tutorials, tools and mentorship, as

Mar 08, 2021, 12:41 PM IST
India should use oil it purchased last year at cheaper rates: Saudi Arabia

India should use oil it purchased last year at cheaper rates: Saudi Arabia

Responding to a question on India's pleas, Saudi energy minister Prince Abdulaziz bin Salman at a press conference after the OPEC+ decision on Thursday (March 5) said New Delhi should take some of

Mar 06, 2021, 13:06 PM IST
Cryptocurrency trading volumes jumped 17% in February: Report

Cryptocurrency trading volumes jumped 17% in February: Report

Trading volumes jumped to $2.7 trillion in February, with volumes at major exchanges jumping over 35 per cent to $2.4 trillion, researcher CryptoCompare said. Smaller exchanges saw volumes slump by

Mar 05, 2021, 18:05 PM IST
ByteDance agrees to $92 million privacy settlement with US TikTok users

ByteDance agrees to $92 million privacy settlement with US TikTok users

The lawsuits claimed the TikTok app "infiltrates its users` devices and extracts a broad array of private data including biometric data and content that defendants use to track and profile TikTok

Feb 26, 2021, 09:03 AM IST
Uber tells employees to work from home till mid-September

Uber tells employees to work from home till mid-September

Google has also extended work from home till September 2021 and when the offices reopen, employees may rejoin the workplace for three days a week and work from home on rest of the days. Google had

Feb 19, 2021, 11:07 AM IST
Elon Musk warns investors against spending lifetime savings in cryptocurrency

Elon Musk warns investors against spending lifetime savings in cryptocurrency

The video was released just a day before the Tesla made its bitcoin investment public on Sunday (February 7). Elon Musk was in West Hollywood and his fans asked him for an autograph and thus asked

Feb 18, 2021, 17:15 PM IST
OMG! Citibank transfers over Rs 3,600 crore by mistake, the court ruling is equally astonishing

OMG! Citibank transfers over Rs 3,600 crore by mistake, the court ruling is equally astonishing

Some lenders returned money they were sent, but 10 asset managers including Brigade Capital Management, HPS Investment Partners and Symphony Asset Management refused, prompting Citigroup`s lawsuit to

Feb 18, 2021, 11:40 AM IST
China aims at rare earth export curbs to target US defence industry: Report

China aims at rare earth export curbs to target US defence industry: Report

China is aiming at curbing the exports of rare earth minerals that are crucial to the US defence contractors, a Reuters report said. The curb on the exports of rare earth minerals is likely to be on

Feb 18, 2021, 00:17 AM IST