Multimedia
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Will Sam Altman, ousted OpenAI CEO, really join Microsoft?
Microsoft Chairman and CEO Satya Nadella moved swiftly to recruit OpenAI's co-founder Sam Altman after his shocking ouster as CEO last week from the company that has made AI a household term. With efforts still on to get Altman to return to OpenAI, Microsoft will continue to work with him irrespective of where he is, CEO Satya Nadella told Bloomberg in an interview on November 20
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Forbes Asia 100 to Watch list: Inside the issue
The annual Forbes Asia 100 to Watch list is out now. Six Indian companies from the country's young startup ecosystem feature on the list that focuses on ventures targeting underserved markets or applying new technologies. In this podcast, Manu Balachandran walks us through the special issue and the stories you cannot miss
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Microsoft's Satya Nadella snaps up ousted OpenAI CEO Sam Altman for new advanced AI unit
Microsoft CEO Satya Nadella moved swiftly to recruit OpenAI's co-founder Sam Altman yesterday after his shocking ouster as CEO last week from the company responsible for the ChatGPT bot which has made AI a household term. Microsoft also hired Greg Brockman, who resigned as president of OpenAI after Altman's ouster. Wall Street cheered, and Microsoft shares rose on the Nasdaq stock exchange, ending more than 2 percent higher yesterday
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Gurugram to Connaught Place in 7 minutes by air, minus the pollution, for the price of an Uber ride?
InterGlobe Enterprises, the company that operates India's top airline Indigo, and Archer Aviation Inc., an American company that's about to commercialise its electric vertical takeoff and landing (eVTOL) aircraft, said yesterday they have partnered to launch and operate an all-electric air taxi service in India. The two companies aim to work with in-country business partners to bring as many as 200 of Archer's eVTOL aircraft, called Midnight, to India by 2026
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Razorpay steps up Malaysia push, Rahul Kothari named point person for SEA expansion
Razorpay, a leading fintech name in India, yesterday elevated Rahul Kothari to the position of chief operating officer for India and Malaysia. Kothari was previously chief business officer at the company. He will report to founder and CEO Harshil Mathur. The company formed an advisory board earlier this year and is putting in place a leadership structure that will take it to an IPO, eventually
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Razorpay signals intent to step up SEA expansion, names COO for India, Malaysia
Razorpay, a leading fintech name in India, providing a payments platform and banking-as-a-service software to some 10 million businesses, in the country, yesterday elevated Rahul Kothari to the position of chief operating officer for India and Malaysia. Kothari was previously chief business officer at the company. He will report to founder and CEO Harshil Mathur, the Bengaluru company said in a press release yesterday
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Slack CEO Lidiane Jones quits to run Bumble as founder Whitney Wolfe Herd steps down
Bumble yesterday announced that Lidiane Jones, currently the chief executive at Slack, will succeed founder and CEO Whitney Wolfe Herd, on Jan. 2. Wolfe Herd will become Executive Chair at that time, the company said in a press release yesterday. Nasdaq listed Bumble, which will report its fiscal third-quarter earnings later today, is expected to cross a billion dollars in revenue this year. Jones, a former Microsoft executive, will be tasked with a turnaround mandate with Bumble's stock trading at less than a third of its listing price
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Is India ready to take the lead in the global luxury market?
After being burnt with the strict COVID-19 policies of China, once every luxury brand's sales paradise, global houses like Louis Vuitton, Gucci, Dior, Cartier are looking at India as their next stomping ground. According to a Bain & Co. report, India's luxury market could be $200 billion by 2030. One could call the glitzy opening of the Jio World Plaza in Mumbai the beginning of new times. These signs were pointing towards a coverage of this prominent trend. Pankti Mehta Kadakia takes us through the nuances of this shift and the must-read stories from the issue
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Apple iPhone 15 Pro: A quick unboxing
With Diwali less than a week away, we thought a quick unboxing of Apple's latest iPhone would be interesting, as some of you might be considering upgrades. The phone, with the Titanium design, is lighter by almost 30 grams versus last year's 14 Pro. The design has also allowed Apple to shave off the 15 Pro's width and height almost imperceptibly versus its predecessor, while retaining the 6.1-inch display. And the type-C port and the "action button" are other quick highlights
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Apple continues to grow iPhone sales in India amid global dip
Apple, last week, reported another quarter of revenue decline, amid heightened global uncertainties, but also another quarter of strong sales in India. "We achieved an all-time revenue record in India," CEO Tim Cook told analysts and investors in a conference on Thursday last week. Apple shipped a record 2.5 million iPhones to India in the three months ended Sep. 30, according to an estimate from Counterpoint Technology Market Research, last week. Industry estimates suggest Apple may end 2023 with as many as 9 million iPhones shipped to India
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What we want in wireless audio — Findings from Qualcomm's State of Sound report 2023
In the smartphone chip giant's latest annual report on consumer preferences with respect to wireless audio tech, one finding is that people want to use the same device across all use cases, from listening to music or gaming while commuting, and for work. As premium devices expand in capabilities and features, this year's responses suggest that consumers will be willing to spend more on one device which is optimised for multiple purposes, Qualcomm notes in its report