Chinese EV giant BYD says Q3 profit down 33%
BYD said its net profit for the third quarter was 7.8 billion yuan ($1.1 billion), a decrease of 32.6% compared to the same period last year and its second consecutive quarterly decline.
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Core Scientific terminates $9 billion merger deal with CoreWeave
Crypto miner Core Scientific on Thursday ended its merger agreement with Nvidia-backed CoreWeave. Core Scientific shares fell 3.4% in early trading.
The Download: Introducing: the new conspiracy age
This is today’s edition of The Download, our weekday newsletter that provides a daily dose of what’s going on in the world of technology. Introducing: the new conspiracy age Everything is a conspiracy theory now. Conspiracists are all over the White House,…
Leveraging the clinician’s expertise with agentic AI
Four thoughts from Bill Gates on climate tech
Bill Gates doesn’t shy away or pretend modesty when it comes to his stature in the climate world today. “Well, who’s the biggest funder of climate innovation companies?” he asked a handful of journalists at a media roundtable event last…
Can “The Simpsons” really predict the future?
According to internet listicles, the animated sitcom The Simpsons has predicted the future anywhere from 17 to 55 times. “As you know, we’ve inherited quite a budget crunch from President Trump,” the newly sworn-in President Lisa Simpson declared way back…
It’s never been easier to be a conspiracy theorist
The timing was eerie. On November 21, 1963, Richard Hofstadter delivered the annual Herbert Spencer Lecture at Oxford University. Hofstadter was a professor of American history at Columbia University who liked to use social psychology to explain political history, the…
Happiest Minds logs 9% YoY rise in Q2FY26 net profit; revenue increases 10%
Per CEO Joseph Anantharaju, the BFSI segment faced a slight blip because of the Arttha deals, but the mid-tier IT firm expects that to get reversed in the second half.
Sam Altman touts trillion-dollar AI vision as OpenAI restructures to chase scale
Altman envisions OpenAI becoming a massive AI infrastructure powerhouse, pursuing trillions in funding, huge compute expansion, and an eventual IPO. Despite bold plans, unclear financing, internal strife, and criticism raise doubts as OpenAI shifts from research lab to ambitious corporate…
Aakash shareholders approve share capital increase ahead of rights issue
Raising the share capital is an important step before floating a rights issue. Glas Trust, which represents Byju’s US lenders, had earlier argued that the proposed rights issue would reduce the stake of Byju’s parent, Think and Learn, in the…