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ByteDance pledges to prevent unauthorised IP use on AI video tool
Disney has sent a cease-and-desist letter accusing the Chinese company of using its characters to train and power the tool without…
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pledges
Business
China’s central bank pledges to cut RRR, interest rate in 2026
The central bank will make flexible and efficient use of multiple monetary policy China’s central bank said on Tuesday (Jan 6) it will cut…
Business
Coupang founder Kim Bom apologises for data leak, pledges compensation
Online retailer Coupang’s founder Kim Bom apologised for the first time for a recent leak of customer data and pledged to unveil a…
Business
Amazon pledges up to US$50 billion to expand AI, supercomputing for US government
Tech companies are pouring billions of US dollars to develop AI infrastructure, boosting demand for computing power required to support…
Business
Hyundai pledges record US$85.8b investment in South Korea
Hyundai called it “the company’s largest-ever domestic investment commitment” South Korean auto giant Hyundai Motor Group pledged on…
Business
Intel CEO Tan Lip-Bu pledges to ‘refocus’ chip giant on AI, foundry
Intel chief executive officer Tan Lip-Bu said he is working to “refocus” the beleaguered chip company on engineering after its struggles…
Business
China’s central bank pledges flexible monetary policy to support growth
China’s central bank pledged on Friday (Oct 24) to calibrate the intensity, timing and pace of monetary policy based on economic…
Business
JPMorgan pledges US$1.5 trillion to strengthen US economic security and resilience over next decade
The campaign boosts capital, resources and personnel that the largest US lender commits across sectors JPMorgan Chase vowed to funnel…
Business
Singtel pledges support for troubled long-time unit Optus; transformation ‘will take time’
The group has supported its Australian subsidiary with A$33 billion in investments since 2001, while not receiving dividends in the last…
Business
China's central bank pledges to step up policy support for growth
China’s central bank said on Friday (Sep 26) it will step up monetary policy adjustments and strengthen coordination between monetary and…
Business
Microsoft pledges to invest US$30 billion in UK as Trump visits
Britain ranks among the top countries for private AI investments over the past decade Microsoft announced on Tuesday (Sep 16) a US$30…
Business
Lululemon founder Chip Wilson pledges stock for US$500 million in loans
Lululemon Athletica founder Chip Wilson pledged shares in return for cash for the third time in just over a year, freeing the billionaire…
Business
Google pledges US$9 billion to expand AI, cloud infrastructure in Oklahoma
ABET’S Google said on Wednesday it will spend an additional US$9 billion in Oklahoma over the next two years to expand cloud and…
Business
Novartis pledges US$23 billion US investment as tariffs loom
Trump has repeatedly said he intends to impose tariffs on pharmaceuticals, citing the industry’s reliance on manufacturing sites around…
Business
BP pledges reset as annual profit dips below US$9 billion
BP CEO Murray Auchincloss pledged on Tuesday (Feb 11) to fundamentally reset the company’s strategy as it reported a 35 per cent fall in…
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Unilever pledges to make all plastic packaging recyclable by 2035
Unilever has announced its commitment to ensure all its plastic packaging becomes reusable, recyclable, or compostable by 2030 for rigid…
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Estonia pledges further ammunition and equipment to Ukraine
Estonia is to supply Ukraine with further military aid in its fight against Russia, the Ministry of Defence in Tallinn announced on…
Business
Coinbase pledges further US$25 million of political funding for crypto
Coinbase Global committed another US$25 million of funding to Fairshake, a political action committee for the digital-asset industry that…
Business
Snubbed by Tesla, Mexican govt pledges to create affordable electric car
Mexican president Sheinbaum said her government will try to bring together Mexican companies and researchers to produce a compact, cheap…
Business
EAM meets Dissanayake, pledges support for Sri Lanka's economic recovery
EAM meet Dissanayake (Photo: X @DrSJaishankar) 3 min read Last Updated : Oct 04 2024 | 4:29 PM IST External Affairs Minister S Jaishankar…