business news

TECHNOLOGY

Where the billions spent on driverless cars by US and China is heading

An Apollo Robotaxi runs at Shougang Park as Baidu launches China’s first driverless taxi service in the city on May 2, 2021 in Beijing, China. He Luqi | Qianlong.com | Visual China Group | Getty Images For years, Alphabet’s Waymo and other leaders have promised autonomous vehicles are just around the bend. But that future […]

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ENTERTAINMENT

In Microsoft’s Activision deal, a future world is at stake

A crowd waits for a video presentation at the Activision booth during the Electronic Entertainment Expo, known as E3, in Los Angeles, California. Jonathan Alcorn | Reuters There was some head-scratching across the big tech and gaming worlds in January when Microsoft announced an agreement to buy Activision Blizzard, a leading videogame publisher, for $68.7 […]

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TECHNOLOGY

Bits’n’bytes: Know about startup, business news in Pune

EKA partners with NuPort Robotics Pune-based electric vehicle technology company EKA partnered with NuPort Robotics to introduce level 2 autonomy, advanced driver assistance systems, to their electric bus models. This is an initiative toward the utilization and incorporation of progressive level 2 autonomy and Artificial Intelligence (AI) for electric buses on Indian roads. NuPort’s technology […]

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BUSINESS

Payroll growth accelerated by 428,000 in April, more than expected as jobs picture stays strong

The US economy added slightly more jobs than expected in April amid an increasingly tight labor market and despite surging inflation and fears of a slowdown growth, the Bureau of Labor Statistics reported Friday. Nonfarm payrolls grew by 428,000 for the month, a bit above the Dow Jones estimate of 400,000. The unemployment rate was […]

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BUSINESS

From Estee Lauder to Apple, China’s Covid restrictions take their toll

Factories in China affected by Covid lockdowns can conditionally resume work, by housing workers on-site. Pictured here is an auto parts manufacturer in Suzhou that has had 478 employees on site since April 16. CPHOTO | Future Publishing | Getty Images BEIJING — Several international corporations warned in the last week the drag from China’s […]

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