Apple to open first company-owned retail store in India

Apple Inc is set to open its first official retail store in India’s financial hub of Mumbai, the iPhone maker said on Wednesday. The Cupertino, California-based
German antitrust regulator opens door for curbs on Apple

Germany’s antitrust regulator has opened the door for measures to curb Apple after deciding that the U.S. tech giant’s market dominance makes it worthy of such
Exclusive: EU likely to clinch deal on Chips Act on April 18 – sources

EU countries and lawmakers are likely to clinch a deal on a multi-billion euro plan to boost the bloc’s semiconductor industry on April 18, sources
GM buyouts cut 5,000 salaried jobs, CFO says

About 5,000 General Motors Co salaried workers took buyouts to leave the company, putting the company well on the way to hitting a $2 billion cost-cutting
FedEx to combine delivery units as part of $4 bln cost-cut push

– FedEx Corp said on Wednesday it will consolidate its separate delivery companies into a single entity, as the group slims its bloated infrastructure to compete
Meta releases AI model that can identify items within images

Facebook-owner Meta published an artificial intelligence model on Wednesday that can pick out individual objects from within an image, along with a dataset of image annotations
Google says its AI supercomputer is faster, greener than Nvidia A100 chip

Alphabet Inc’s Google released on Tuesday new details about the supercomputers it uses to train its artificial intelligence models, saying the systems are both faster and
Record California snowpack bounty poses renewed flood risks

California’s recent spate of epic Pacific storms has blanketed the Sierra Nevada range in a snowpack at or above record levels, state water resource officials
US details plan to draw clean energy into oil, coal communities

The Biden administration on Tuesday released final guidance on how clean energy companies can secure additional tax credits when investing in U.S. communities economically tied
Chicago elects Brandon Johnson as new mayor, AP reports

Brandon Johnson was elected Chicago mayor on Tuesday, according to the Associated Press, defeating Paul Vallas in a runoff between two Democrats to take over

