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3 mins read

Budget 2024 to fuel stock markets: Bloomberg Survey

Many are expecting the government to raise the standard deduction threshold from the current Rs 50,…

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2 mins read

Apple's sales in India, a key market, surge to record USD 8 billion: Bloomberg

Apple Inc's annual sales in India hit a record of almost $8 billion in FY24, reported Bloomberg, q…

ANI   


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2 mins read

Elon Musk donated to a pro-Trump super PAC, Bloomberg reported

Elon Musk donated an undisclosed amount of money to America PAC, a pro-Trump super PAC, sources tol…

Lloyd Lee   


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2 mins read

Mike Bloomberg donates $1 billion to cover Johns Hopkins medical school tuition for students

Johns Hopkins medical students with family incomes under $300,000 will get free tuition starting in…

Ayelet Sheffey   


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2 mins read

Michael Bloomberg is worth an estimated $106 billion — but you won't find him on the Bloomberg rich list

Forbes estimates Michael Bloomberg is one of the few worth more than $100 billion. He doesn't appea…

Theron Mohamed   


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2 mins read

The world's top chipmakers can flip a 'kill switch' should China invade Taiwan, Bloomberg reports

Chip giants ASML and TSMC have a remote shutdown option for their advanced EUV chipmaking machines,…

Huileng Tan   


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1 min read

Apple shelves plans to develop displays for smartwatch: Report

Tech giant Apple has reportedly shelved plans to develop display screens for its smartwatch.

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5 mins read

Boom2Bust: Retail investors to face the brunt as small and midcap corrections wipe out billions of dollars

The mid- and small-cap retail investors seem star-crossed at the moment as the markets continue to …

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1 min read

Donald Trump crashes out of the Bloomberg rich list due to his meme stock nosediving

The company that owns Truth Social has plunged 53% from its peak two weeks ago, slashing Donald Tru…

Theron Mohamed   


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1 min read

Apple's car prototype was internally called the 'Bread Loaf' because of its shape: Bloomberg

Apple's car team cycled through several designs, but the "Bread Loaf" was actually tested by CEO Ti…

Matthew Loh   


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2 mins read

India overtakes Hong Kong to become fourth-largest stock market

The Indian stock market has pipped Hong Kong to become the fourth-highest equity market globally, B…

ANI   


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1 min read

Elon Musk wanted Tesla to slash its headcount by 20% because its quarterly vehicle deliveries fell by that much, Bloomberg source says

Musk told Tesla staff in a memo that the company's "rapid growth" had resulted in "duplication of r…

Kwan Wei Kevin Tan   


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1 min read

Apple's car at one point replaced the steering wheel with an Xbox-like controller for when its self-driving couldn't cut it: Bloomberg

The controller was the most developed backup control created by Apple's team for its "Bread Loaf" p…

Matthew Loh   


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3 mins read

India will need to invest 5% of its GDP annually to meet net-zero emissions by 2050; EV largest share of investment

To actualise a net-zero scenario, we will need to bolster our wind and solar power plant capacities…

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1 min read

Harvard alumni are slashing donations and taking the college out of their wills over its response to the Israel-Hamas war: Bloomberg

"I will not be calling any of my classmates to try to encourage them to donate to Harvard," said al…

Kwan Wei Kevin Tan   


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2 mins read

US intel shows China's army had missiles filled with water instead of fuel in a corruption scandal that led to Xi's military purge: Bloomberg

US intelligence also indicated that entire fields of missile silos in Western China used lids that …

Matthew Loh   


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4 mins read

Democratic strategist accused of sexually assaulting woman while working for Mike Bloomberg's campaign days after 9/11

Duane Baughman filed his own lawsuit against his accuser in June, saying she's run "a 20+ year smea…

Jacob Shamsian   


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1 min read

Elon Musk's X could introduce 3 different tiers of premium service for users: Bloomberg

Musk said last month that X may one day go behind a paywall for everyone, so he can better "combat …

Kwan Wei Kevin Tan   


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2 mins read

Mark Zuckerberg was once so detached from Meta's AI work, he wasn't sure which breakthrough Sundar Pichai was praising him for: Bloomberg

Speaking to Zuckerberg at a conference in Idaho in 2021, Pichai expressed admiration for a Facebook…

Kwan Wei Kevin Tan   


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2 mins read

Michael Bloomberg implies remote employees are playing golf instead of working: 'It is funny, but it's tragic'

"Every golf course that I've heard about in the last three years has had record summers, okay?" Mic…

Sarah Jackson