Apple takes a commission of as much as 30% on in-app purchases, meaning a company like Meta would lose a portion of its ad revenue to the iPhone maker.
The name change heralded the company’s intent to stake its future on a new computing platform where people will congregate and communicate in a virtual environment.
Using multiple instruments including foreign currency debt and green bonds, the Adani Group plans to raise up to $6 billion to swap its existing high-interest debt with lower-cost borrowings and deploy the rest for project financing, one of the people said, asking not to be identified as the information is private.
Fed by data on everything from internet searches and Covid outbreaks to weather forecasts and football results, computers are learning how everyday life influences demand for flights.
In just six weeks in office, Liz Truss has already triggered a run on the pound, been bailed out by the Bank of England, abandoned almost her entire policy program and fired her closest political ally. Yet unbelievably, things were about to get even worse.
Interest rate hikes and rising energy prices have dampened consumer appetites this year, with China’s economic slowdown and Covid-19 lockdowns playing a key role in sapping momentum for smartphone sales.
On the face of it, Liz Truss’s days as UK prime minister look numbered and her demise imminent. So what is blocking Rishi Sunak or Penny Mordaunt from becoming Britain's next leader?
Now, Aggarwal wants his Ola Electric Mobility Pvt Ltd to displace Elon Musk’s Tesla Inc and China’s BYD Co. as the industry leader for electric vehicles by carving out a niche in lower cost designs.
Indian smartphone maker Lava International Ltd. is in advanced talks with China’s Huaqin Technology Co. to create an electronics manufacturing venture.
More than 80% of those who experienced discomfort had symptoms after less than three hours using the customized version of Microsoft’s HoloLens goggles.
US soldiers using Microsoft Corp’s new goggles in their latest field test suffered “mission-affecting physical impairments” including headaches, eyestrain and nausea
A wheel fell off a giant Boeing Co. cargo jet and plunged to the ground shortly after the aircraft took off from Taranto in southern Italy on Tuesday morning.
Microsoft is facing scrutiny from global regulators including in the US. The European Union has also formally opened a probe and will next update in November.
Zoomcar Inc., an India-based car-sharing platform, has reached an agreement to go public via a merger with blank-check firm Innovative International Acquisition Corp., according to people familiar with the matter.
While Prime Minister Narendra Modi pledged to prioritise rapid “early harvest” trade agreements in 2021, India has signed just two new deals -- one with United Arab Emirates and another with Australia. Now prospects for a much-touted pact with the UK look to be getting bogged down.
