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New Twitter CEO may free up Musk to steer Tesla through easing demand

Tesla shares, which have gained 40% this year, reversed course to trade down about 2% as broader markets fell. The stock had its worst year in 2022, losing 65%, amid Musk's on-again, off-again offer for Twitter.

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EU antitrust regulators extend decision on Broadcom, VMware deal to June 26

The deadline was extended in agreement with the companies, a European Commission spokesperson said.

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National security considerations likely with AI: Sundar Pichai

CRISPR is a technology that research scientists use to selectively modify the DNA of living organisms. CRISPR was adapted for use in the laboratory from naturally occurring genome editing systems found in bacteria.

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PhonePe will likely go for an India listing, says Walmart CEO Doug McMillon

Walmart's payments company PhonePe is performing well in India, according to CEO Doug McMillon. Speaking in a recent interview, McMillon said PhonePe, if it enters ecommerce, will not compete with sister company Flipkart. He added that India was making great strides towards becoming a key global supplier. McMillon also discussed Walmart's huge ambitions in the country, stating that the $10bn annual export target set to be achieved by 2027 is now "more possible than five years ago". He also praised the government's collaborative approach to policymaking.

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Paytm may forego buyer app commission on ONDC: sources

This may help to further reduce the price on the open source network that is already challenging the duopoly of Swiggy and Zomato in the food delivery space.

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Respect African content moderators, says Facebook whistleblower

Globally, thousands of moderators review posts containing graphic content - keeping harmful material from appearing on users' feeds. Many work for third-party contractors rather than directly for tech companies.

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China’s JD.com promotes finance chief to CEO role as Xu Lei resigns

Xu Lei, who has officially been CEO for a year, said on a call with analysts after the company reported first quarter earnings that he had resigned to spend more time with his family.

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Yellow.ai deploys 30% of global generative AI bots domestically

While markets like the US are mostly using GenAI for customer support in a bid to cut costs, India Inc. is using them as an opportunity to g...