Taking aim at Moscow's efforts to evade Western sanctions, including those imposed through China, the United States on Wednesday imposed hundreds of new restrictions on the Russian Federation in relation to the conflict in Ukraine.

US unleashes wave of sanctions, targets Russian circumvention via Chinese companies

Tesla has veered away from its ambitious plans for next-generation gigacasting, a new manufacturing technique, Reuters reported citing sources familiar with the matter.

Tesla retreats from next-generation ‘gigacasting’ while competition intensifies: Report

Apple is bracing for a quarterly revenue decline, marking its largest dip in over a year, while investors anticipate the company to incorporate generative artificial intelligence (AI) into its flagship iPhones, particularly in the Chinese market.

Apple anticipates major sales decline amidst investor concerns over AI integration in iPhones

The US Federal Reserve has opted to maintain interest rates at their current levels in its latest meeting, indicating a continued inclination towards potential future rate cuts.

Federal Reserve holds rates steady, raises concerns over lack of inflation progress

Advanced Micro Devices (AMD) announced its projection for AI chip sales in 2024 on Tuesday, but the figures failed to meet investor expectations, resulting in a sharp decline of approximately 7 per cent in the company's stock during extended trading.

AMD's AI chip revenue forecast miss disappoints investors, shares fall 7 pc

IBM has emerged victorious as a federal appeals court overturned a $1.6 billion judgment against the tech giant in a dispute with BMC Software over a software contract.

IBM prevails as appeals court reverses $1.6 bn judgment to BMC in software contract dispute

A consortium of US newspapers, led by the New York Daily News and Chicago Tribune, has filed a lawsuit against tech giants Microsoft and OpenAI. According to Reuters, the lawsuit, filed in a New York federal court, alleges that the companies have unlawfully utilised the journalistic work of reporters to train their generative artificial intelligence systems.

US newspapers sue OpenAI, Microsoft for copyright infringement in AI training

The 127-year-old conglomerate, India’s Godrej Group, know for its diverse ventures ranging from soaps and home appliances to real estate, is undergoing a major transformation.

Godrej Group founders agree to split. Here’s what you need to know

Starbucks has announced a downward revision of its annual sales forecast following a dip in same-store sales, marking its first decline in nearly three years. The company's struggles are particularly pronounced in its two largest markets, the US and China.

Starbucks cuts sales forecast amid slowing demand in key US, China markets

India collected a record 2.10 trillion rupees ($25.15 billion) as gross goods and services tax (GST) in April, a rise of 12.4 per cent from the same period last year, the government said in a statement on Wednesday.

India collects record 2.10 trillion rupees as goods and services tax in April

Amazon has outperformed analysts' expectations in its quarterly earnings report released on Tuesday, maintained by the growing interest in artificial intelligence (AI) and strong cloud-computing growth.

Amazon surpasses expectations in quarterly results driven by AI interest: Report

Shell's secretive oil and gas trading operations have come under scrutiny as court documents unveiled financial details, indicating the company's US crude trading division's annual earnings of approximately $1 billion.

Court filings reveal Shell's lucrative US crude trading earns it $1bn annually

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Zee News Rajasthan

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Shashwat Sankranti

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