AI-powered search engine Perplexity says it’ll begin experimenting with ads on its platform starting this week. Ads will appear in the U.S. to start, formatted as “sponsored follow-up questions.” (E.g., “How can I use LinkedIn to enhance my job search?”) Paid media will be positioned to the side…

Shares of Indian food and grocery delivery firm Swiggy rose 2.5% in their trading debut on Wednesday, after its $1.4 billion IPO last week, but pared initial gains on concerns about its path to profitability. The stock listed at 420 rupees ($4.98) on India's National Stock Exchange, compared to…

What’s worse than getting broken up with over text? Getting broken up with over summarized text. Apple rolled out its Apple Intelligence suite of AI tools in October, and one feature has made headlines over and over again for its absurdity: Apple Intelligence notification summaries. What it is:…

Dogecoin shot higher on Tuesday night, extending its postelection surge after President-elect Donald Trump formally announced the creation of the Department of Government Efficiency, which he referred to as "DOGE" in his statement. Tesla CEO Elon Musk and Vivek Ramaswamy, former Republican…

Musk and former Republican presidential candidate Vivek Ramaswamy will co-lead a newly created Department of Government Efficiency, an entity Trump indicated will operate outside the confines of government.

Robin Zeng, the billionaire founder of CATL , aims to reinvent the world’s largest battery maker as a green-energy provider and to slash the cost of developing electric vehicles, upending the economics of the industry that has powered its growth.

Examining MicroStrategy’s record-shattering $21bn ATM Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. History, they say, doesn’t repeat, but it often rhymes. Bitcoin-hodling MicroStrategy is an excellent example. In early 2000, MicroStrategy embodied the…

VW launches $5.8bn tie-up with Tesla rival Rivian Volkswagen Group (VW) and Tesla rival Rivian have launched a joint venture, with the German car giant increasing its investment in the partnership. The two companies say the the deal is now worth $5.8bn (£4.55bn) - up from an initial pledge from VW…

African leaders may have been quick to congratulate Donald Trump on his election, professing a desire for mutually beneficial partnerships, but there are meager expectations that his presidency will change things for this continent of over 1.4 billion people. In the wake of Trump's win, Kenya's…

Conspiracy theory purveyor Infowars and most of its assets are set to go on the auction block Wednesday, with Alex Jones waiting to see if he will be allowed to stay or if he will get kicked off its online platforms. The private auction is being held as part of Jones' personal bankruptcy, which…

Shares of the company were down 39% at $1.8 after the bell. The stock has fallen nearly 80% this year, while the S&P 500 passenger airlines index jumped 52%. The ultra-low cost carrier is in advanced discussions with bondholders to hammer out a bankruptcy plan that would have support from a…

YouTube added a capability for select creators in the U.S. to create AI-generated songs via prompts using the vocals of artists like Charlie Puth, Charli XCX, Demi Lovato, John Legend, Sia, T-Pain, and Troye Sivan last year. Now, the company is adding a feature for select creators to remix a track…

CATL , the world's top battery maker, will consider building a U.S. plant if President-elect Donald Trump opens the door to Chinese investment in the electric-vehicle supply chain, the company's founder and chairman, Robin Zeng, told Reuters.

Billionaires Jensen Huang and Masayoshi Son joke about how SoftBank was once Nvidia's largest shareholder — before dumping its stake. The two are now joining forces on an AI supercomputer. https://trib.al/s6PVLjU -------- Subscribe to our YouTube channel: https://trib.al/KM4k5RA Subscribe to…

Shares of Indian food delivery giant Swiggy rose nearly 8% on their trading debut Wednesday after its IPO became the country's second largest this year. The company raised 113.27 billion Indian rupees ($1.34 billion) in its IPO that closed Monday, pricing its shares at 390 rupees apiece. The IPO…

Robin Zeng, the billionaire founder of CATL, aims to reinvent the world’s largest battery maker as a green-energy provider and to slash the cost of developing electric vehicles, upending the economics of the industry that has powered its growth. Zeng told Reuters in an interview that he expects…

In This Article: NINGDE, China (Reuters) - CATL, the world's top battery maker, will consider building a U.S. plant if President-elect Donald Trump opens the door to Chinese investment in the electric-vehicle supply chain, the company's founder and chairman, Robin Zeng, told Reuters. "Originally,…

Musk and ex-presidential candidate Vivek Ramaswamy to head up Department of Government Efficiency (Doge) Elon Musk and former Republican presidential candidate Vivek Ramaswamy will lead the newly created Department of Government Efficiency, Donald Trump said on Tuesday. Despite the name, the…

At least 10 Ukrainian soldiers died in the Donetsk region after the Kurakhovo Reservoir dam was blown up, TASS reported, citing Russian security forces. The blast flooded nearby areas, trapping soldi...

Rivian and Volkswagen Group have finalized a multi-billion-dollar joint venture to develop software, paving the way to let the German auto giant leverage the EV startup’s more technical chops in the coming years. Volkswagen will invest up to $5.8 billion by 2027, about 16% more than when the deal…

HO CHI MINH CITY -- Vietnam is mulling data consent and foreign transfer rules for the technology sector that critics say threaten to stifle innovation and widen the trade imbalance with America, at a time when the incoming U.S. president is expected to strike out at trade rivals. Vietnam, which…

Pete Hegseth, a 44-year old NATO-skeptic, is perhaps Trump's most surprising pick as he fills out his cabinet ahead of the 20 January inauguration

A look at the day ahead in European and global markets from Kevin Buckland

HO CHI MINH CITY -- Vietnam's Vingroup has said it is willing to sell off assets to fund VinFast, its electric vehicle arm, as a backstop to ensure the Nasdaq-listed startup breaks even by 2026. The country's biggest conglomerate said it would lend up to $1.4 billion to VinFast and that founder…

In a joint statement issued Tuesday, Kadokawa and its subsidiary pledged to pay the outstanding amounts once calculations are complete.

Investing.com-- Bitcoin fell from record highs on Wednesday, retreating as optimism over a Donald Trump presidency now appeared to be cooling, with focus turning to upcoming U.S. inflation data for more cues. Major meme token Dogecoin also retreated on Wednesday after a stellar run-up to…

Korea Zinc said on Wednesday it has decided to withdraw its plan to issue new shares worth $1.8 billion after the proposal sparked an investigation by the financial watchdog and a sell-off in the company's stock.

Unbabel on Wednesday announced an artificial intelligence-powered translation service, adding another rival to a highly competitive space.

There may not be a hotter stock on Wall Street right now than Palantir Technologies. The company's artificial intelligence (AI) software is revving its growth engine, and there is a wide-open market opportunity in both government and the private sector. The stock is up approximately 800% since the…

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To navigate the dangerous new era, Keir Starmer must end the culture of denial around the biggest strategic mistake of modern times The 35th anniversary of the Berlin Wall coming down was not commemorated much in Britain last weekend. It is no Poppy Day. The unravelling of the iron curtain doesn’t…

Primary Food Processors are essential to Europe’s food security. But we face significant challenges in today’s changing landscape. We urgently call on policymakers to implement strategies that improve sustainability and efficiency of our sector, ensuring Europe’s resilient future food supply.

We characterize optimal product market policy in an unequal economy in which firm ownership is concentrated and markups increase with firm market shares. We study the problem of a utilitarian regulator who designs revenue-neutral interventions in the product market. We show that optimal policy…

Ukrainian authorities activated air raid alerts throughout the entirety of the country on Wednesday, with the president's chief of staff warning of a missile attack on the capital city, AFP report...

The Foreign Ministry summoned the ambassador of Russia, but also the chargé d'affaires of Georgia, for comments by country's prime minister it said called into question the integrity of Moldova's polls.

The $20 Secret Santa limit applies to everyone except your friends who work in finance. Wall Street bankers are about to cash substantially bigger bonus checks at the end of this year, according to a report released yesterday by Johnson Associates. Coming after two consecutive years of lower…