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    1. Business News
    2. Authors
    3. bloomberg

    Bloomberg

    John Carmack joined VR developer Oculus in 2013 ahead of its acquisition by Meta
    John Carmack resigns from Meta, claiming lack of efficiency as cause

    The games industry veteran said in his resignation note that he’d long been frustrated by the poor operational efficiency of…

    By Bloomberg
    Updated: December 18, 2022 13:50 IST
    The company said reinstated accounts still need to comply with its rules.
    Twitter to reinstate more accounts over next 30 days

    Earlier this week, the social network suspended the accounts of several prominent journalists — including from the Washington Post, CNN,…

    By Bloomberg
    December 18, 2022 12:02 IST
    Bloomberg Billionaires Index, Elon Musk, Tesla shares, stock, price
    Elon Musk loses top spot on Bloomberg Billionaires Index after selling $40 billion worth of Tesla shares

    Musk’s persistent selling after repeated assurances that he was done unloading Tesla stock reflects mounting pressure on the finances of…

    By Bloomberg
    December 15, 2022 20:15 IST
    The bill, sponsored by Senator Josh Hawley, a Missouri Republican, underscores fears that TikTok and its parent, ByteDance Ltd., could share information on US users with Chinese authorities.
    US Senate follows suit to ban TikTok on government-owned devices

    The Biden administration has been attempting to forge an agreement with TikTok that would allow the video-sharing site to keep…

    By Bloomberg
    December 15, 2022 11:41 IST
    Fed rate hike, financial market, inflation, investors, Powell
    Federal Reserve raises rate by 50 basis points, seven of 19 officials seeing benchmark rates above 5.25% next year

    The hawkish projections have the potential to jolt financial markets, where speculation that the Fed would soon pause its hikes…

    By Bloomberg
    Updated: December 15, 2022 00:53 IST
    Microsoft’s Xbox Game Pass is the leader in the video game and cloud gaming subscription market and is a top concern of regulators in the US, UK and European Union.
    Microsoft offers Call of Duty to Sony subscription service

    Microsoft has publicly stated that it offered Sony a 10-year deal to make Call of Duty available on the Japanese…

    By Bloomberg
    December 13, 2022 11:28 IST
    FAANG stocks, technology companies, rising inflation, investors, S&P 500 Index
    Is it the end of the cycle for FAANG stocks?

    One of the biggest draws for investors has been the super-charged growth rates that technology companies offered.

    By Bloomberg
    December 11, 2022 18:07 IST
    Twitter did not explain why Apple users were being charged more than others on the web but there have been media reports that the company was looking for ways to offset fees charged in the App Store
    Twitter brings revamped Twitter Blue on Monday

    The company said users could subscribe to the revamped service that will allow subscribers to edit tweets, upload 1080p videos…

    By Bloomberg
    Updated: December 12, 2022 13:13 IST
    US Stock Market, global equity, fund managers, inflation, investors, recession
    US Stock Market 2023: How much return to expect and where to invest next year

    Even after a recent rally, the MSCI All-Country World Index is on track for its worst year since the global…

    By Bloomberg
    December 9, 2022 18:38 IST
    The revelation came in the FTC’s complaint to block Microsoft’s $69 billion acquisition of Activision Blizzard Inc.
    Elder Scrolls VI to be exclusively a Microsoft product

    Microsoft announced its decision to make future Zenimax titles — including Starfield and Redfall, both slated to release in 2023…

    By Bloomberg
    December 9, 2022 10:28 IST
    India’s power giant NTPC will turn to nuclear in climate goal chase

    NTPC is aiming to reduce the share of fossil fuels to nearly 50% of its overall capacity by 2032, compared…

    By Bloomberg
    December 9, 2022 08:04 IST
    Google has argued that narrowing Section 230 could make it harder for them, and other social media platforms, to remove terrorist content.
    Hold social media platforms accountable: Biden urges Supreme Court

    In a Supreme Court filing on Wednesday night, the Justice Department argued that social media websites should be held responsible…

    By Bloomberg
    December 8, 2022 10:28 IST
    India proposes curbing import of private jets, helicopters to plug trade deficit

    Aviation Minister Jyotiraditya Scindia has said India is working to increase shared ownership of helicopters to make them accessible to…

    By Bloomberg
    December 8, 2022 08:06 IST
    The brand, known for its A handbags, had a challenging pandemic as it’s heavily exposed to Asia which has been badly affected by Covid-19.
    Prada names Andrea Guerra as company CEO 

    Guerra, 57, is a former CEO of eyewear giant Luxottica and Italian food specialist Eataly and most recently was the…

    By Bloomberg
    December 7, 2022 10:58 IST
    Vivo office, vivo smartphone
    Vivo phones export blocked, India holds up shipments 27,000 phones in clash with China

    The blockage of Vivo’s shipments at the airport is likely to unnerve other Chinese smartphone players in India.

    By Bloomberg
    Updated: December 7, 2022 08:52 IST
    Viewers of the Japan-Croatia match were advised halfway through the contest that access for new streamers would be restricted in order to ensure a stable service
    Japanese streaming site Abema TV can’t cope with surging FIFA streaming demand

    Abema holds the Japan streaming rights to the Qatar tournament, and the national team’s unexpected progress out of the group…

    By Bloomberg
    December 6, 2022 09:56 IST
    RBI
    Cooling prices give India space to slow interest-rate hikes

    The RBI may also broadly spell out the roadmap to tame inflation even as it would refuse to discuss details…

    By Bloomberg
    December 6, 2022 08:36 IST
    economy, global slowdown, investments, China, protest, semiconductors, solar panels, consumers, capital expenditure, layoffs, jobs, deficit, cash flows, supply chain
    Becoming the next China won’t blunt India’s 2023 slowdown

    Only 15 per cent of the $33 billion in private investment approved by the government under its production-linked incentive program…

    By Bloomberg
    December 5, 2022 13:00 IST
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    Latest News

    Actor Satish Shah passes away at 74 due to kidney failure

    RBI official accuses SBI Research of copying Monetary Policy Report; SBI Research rebuts plagiarism charge

    Plagiarism charges rock SBI- RBI official blames bank of copying Monetary Policy draft 

    divya gautam, sushant singh rajput, bollywood actor, cpi ml, bihar election, bihar poll, bihar assembly election, mahagathbandhan

    How Sushant Singh Rajput’s sister, Divya Gautam, is using inspiration from late actor for Bihar poll battle

    ‘He is an Amritdhari Gursikh,’ says Ontario crash accused Jashanpreet Singh’s father; denies intoxication claim

    Netflix Axes Second Seasons for Top K-Dramas in 2025

    Netflix cancels five most popular 2025 K-dramas fans hoped would get a season 2

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