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Business

OpenAI Aims for Staggering $174 Billion Revenue by 2030 Through AI Innovations

OpenAI projects a revenue surge to $174 billion by 2030, with significant contributions from AI innovations beyond ChatGPT. Despite high operational costs, the company aims for cas...

Business

ICAI Launches Comprehensive Review of Gensol and BluSmart Amid Financial Misconduct Allegations

The ICAI is reviewing Gensol Engineering and BluSmart Mobility's financial statements following allegations of financial misconduct. The FRRB will assess compliance with standards,...

Business

GE Vernova Surpasses Expectations with an 11% Revenue Jump to $8B in Q1 2025

GE Vernova Inc. reports an 11% revenue increase to $8B in Q1 2025, surpassing estimates and turning around from a net loss to $264M net income. Orders grew by 8% to $10.2B, with EP...

Business

AT&T Surpasses Expectations with a 2% Revenue Increase to $30.6 Billion in Q1 2025

AT&T Inc. reported a 2% revenue increase to $30.6 billion in Q1 2025, with net income rising to $4.7 billion. CEO John Stankey highlighted the company's focus on reliable connectiv...

Business

Xiaomi Expands Global Footprint with New EV Research Center in Germany

Chinese tech giant Xiaomi is establishing an EV research and development center in Munich, Germany, as part of its strategy to enter the global electric vehicle market by 2027. Thi...

Business

Meta Unveils Global Expansion of Ads in Threads App to All Advertisers After Successful Testing

Meta Platforms Inc. expands ads in Threads app globally to all eligible advertisers after January tests. Ads will appear in feeds with a "Sponsored" label, and Meta plans further t...

Business

Kering Faces a Challenging Start to 2025 with a 14% Drop in Q1 Revenue to €3.88 Billion

Kering SA announced a 14% annual decline in Q1 2025 revenue to €3.88 billion, with retail sales dropping by 16%. The Asia-Pacific region saw the sharpest demand decrease at 25%, wh...

Business

India Shuts Attari Border: A Deep Dive into the Economic Fallout on Indo-Pak Trade Relations

India's closure of the Attari border post-Pahalgam attack disrupts Indo-Pak trade, affecting small traders and Afghan imports, amid declining trade volumes since 2018-19.