Company

ChatGPT sets record for fastest growing user base – analyst notes

Feb 1 (Reuters) – ChatGPT, OpenAI’s popular chatbot, is estimated to have reached 100 million monthly active users in January, just two months after its launch, making it the fastest-growing consumer app the fastest in history, according to a UBS study on Wednesday. The report, citing data from analytics firm Similarweb, says around 13 million …

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Adani Group slams ‘Hindenburg’s attack on India’ as stock rout hits $70bn

New Delhi CNN — The Adani Group has accused a US investment firm of launching “a calculated attack” on India by publishing a report alleging widespread fraud at the ports-electricity conglomerate. Hindenburg Research published its report on the affairs of billionaire Gautam Adani last week, accusing the group or “brazen stock manipulation and accounting fraud …

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Boeing’s 747, the original jumbo jet, prepares for final dispatch

The last 747 freighter will be delivered to Atlas Air Ends over five decades of commercial production Boeing on the verge of bankruptcy, before becoming a cash cow Easy to fly, says rock star pilot Bruce Dickinson SEATTLE/PARIS, Jan 29 (Reuters) – The Boeing (BA.N) 747, the original and arguably best-looking “Jumbo Jet”, revolutionized air …

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Musk says Tesla price cuts sparked demand, 2023 sales could reach 2 million vehicles

Jan 25 (Reuters) – Tesla Inc’s (TSLA.O) aggressive price cuts have boosted demand for its electric vehicles, Chief Executive Elon Musk said on Wednesday, downplaying fears a weak economy could strangle the buyer interest. The company slightly beat Wall Street’s fourth-quarter revenue and profit targets earlier on Wednesday despite a sharp decline in vehicle profit …

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Here are the companies that have laid off employees this year

New York CNN — Just this week, Alphabet, the parent company of Google, Microsoft (MSFT) and Vox Media announced layoffs that affect more than 22,000 workers. Their moves follow job cuts earlier this month at Amazon, Goldman Sachs and Salesforce. More companies are expected to follow suit as companies that have been hiring aggressively over …

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Texas AG halts most Citigroup municipal bids over gun law row

Jan 18 (Reuters) – Citigroup Inc (CN) has discriminated against the firearms industry, Texas Attorney General Ken Paxton’s office said, in making a decision that “effectively” to prevent Texas from underwriting most municipal bond offerings in the states. Republicans have stepped up pressure on the financial industry over environmental, social and governance (ESG) investing practices. …

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China acquires ‘preferred shares’ in two Alibaba units

BEIJING, China, Jan 13 (Reuters) – China has acquired minority stakes with special rights in two domestic units of tech giant Alibaba Group Holding Ltd (9988.HK), according to company registration records, so that Beijing is extending its campaign to tighten control over the Internet. contents. Beijing has taken “preferred shares” in private online media and …

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Fisher-Price Reminds Consumers of 2019 Rock ‘n Play Sleepers Recall After More Deaths

New York CNN — Fisher-Price again announced its 2019 recall of Rock ‘n Play Sleepers on Monday after at least eight infant deaths occurred after the initial recall, according to the Consumer Product Safety Commission. “As of April 12, 2019, at the time the initial recall was announced, over 30 deaths were reported to have …

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Tesla owners in China protest the brutal price cuts they missed

Shanghai Reuters — Hundreds of Tesla owners gathered at the automaker’s showrooms and distribution centers in China over the weekend, demanding discounts and credits after sudden price drops, which they say , meant that they had overpaid for the electric cars they had purchased earlier. About 200 recent Tesla Model Y and Model 3 buyers …

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