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Evergrande shares volatile as trade resumes amid chairman probe
Shares of China Evergrande (3333.HK) jumped as much as 42% in volatile trade on Tuesday, days after the embattled developer said its billionaire founder was being investigated over unspecified crimes. Key Points
ReutersWWDC 2023: Apple releases iOS 17 developer beta, here's how to download it
Apple announces iOS 17 at WWDC, bringing improved typing speed and accuracy, offline Maps, a new Journal app, and changes to Siri. Public beta release expected in coming weeks. Key Points
mintHoping for half a million apps in Indus app store by year-end: Sameer Nigam, PhonePe
Sameer Nigam, Co-Founder & CEO of PhonePe, discusses the launch of the Indus Appstore as a competitor to Google Play store. He emphasizes the importance of scale and the need for a barrier-free entry, like UPI, in order to monetize effectively. Key Points
Economic TimesSoftware major SAP bullish on AI in India
German software major SAP is betting big on generative artificial intelligence (AI) in India. The company announced a comprehensive series of generative AI capabilities and advancements to turn every developer into a GenAI developer at TechEd 2023, its flagship event held in Bengaluru recently. Key Points
The Tribune IndiaEvergrande shares volatile as trading resumes after suspension
Evergrande share price initially jumped more than 60% when trading resumed before dropping again. Evergrande shares have lost around 75% of its value since August. Key Points
mint
Residents of Dombivli project protest over lack of promised amenities
Angry residents of Runwal My city housing complex, who had been raising their grievances with the builder over several emails and meetings for the last four years, took to the streets after their demands were not met. They held placards criticising the developer. Their complaints ranged from lack of proper roads, non-availability of water, to lack of access to the club house, lack of boundary wall and unpaid property tax by the developer. | Mumbai news Key Points
Hindustan TimesOpenAI to hold developer gathering in Bengaluru in January to 'address safety challenges'
Prime Minister Narendra Modi will also attend the GPAI summit on Tuesday at 5:30 pm. International delegates are expected to engage in the summit and discuss relevant issues around AI. Key Points
Business TodayOpenAI to offer advanced GPT-4 and cost-effective AI for companies: Report
OpenAI's developer conference is expected to focus on reducing expenses for developers and introducing new vision features, such as the ability to understand and describe images. The company may also announce the ability to fine-tune GPT-4, their most advanced AI model. Key Points
mintIndia's DLF to foray into hospital space
India's top real-estate developer DLF (DLF.NS) will form a company with Global Health Ltd (GLOH.NS) to launch a multi-speciality hospital, the two companies said on Thursday, in what is DLF's foray into the country's booming hospital sector. Key Points
ReutersDelhi developer squats on Jiohotstar.com and demands over Rs 1 crore, Jio says legal action coming soon
Who do you think owns Jiohotstar.com? Reliance? Star India? No. It is owned by an app developer, and he is hoping Jio pays him for the domain so that he can go to Cambridge. Key Points
India Today
Apple prevented over $7 billion in fraudulent transactions on App Store in 4 years
In 2023 alone, Apple terminated close to 1,18,000 developer accounts. Apple prevented over $7 billion in potentially fraudulent transactions on its App Store in... Key Points
The Tribune IndiaOpenAI suspends bot developer for Congressman Dean Phillips: The Washington Post
Dean.Bot is created by Silicon Valley entrepreneurs Matt Krisiloff and Jed Somers. Microsoft-backed OpenAI has banned the developer of a bot mimicking... Key Points
The Tribune IndiaRich Indians lap up $865 million luxury homes in three days
India Business News: India's biggest real estate developer, DLF Ltd., sold all luxury apartments in a $865 million project near New Delhi. The 1,113 residences were sold i Key Points
Times Of IndiaAstraZeneca to buy RSV vaccine maker Icosavax for up to $1.1 bln
Drugmaker AstraZeneca (AZN.L) on Tuesday agreed to buy vaccine developer Icosavax (ICVX.O) in a deal valued at up to $1.1 billion to bolster its respiratory syncytial virus (RSV) vaccine portfolio. Key Points
ReutersJapan's Fuji Soft to launch tender offer for 4 listed subsidiaries -Bloomberg News
Software developer Fuji Soft (9749.T) is planning to announce a tender offer on Wednesday for four listed subsidiaries in Japan, Bloomberg News reported, citing people familiar with the matter. Key Points
Reuters
X Banned the Account of a Major Critic. Now He’s Taking It to Court
Software developer Travis Brown’s X account was banned after his research alleged far-right influencers were becoming more prominent on the platform. He’s taking X to court in a bid to reverse the decision. Key Points
WIREDChina Evergrande chairman under scrutiny on suspicion of illegal crimes
China Evergrande Group (3333.HK) said on Thursday authorities have informed the embattled property developer that its chairman Hui Ka Yan has been subject to mandatory measures in accordance with the law due to suspicion of illegal crimes. Key Points
ReutersSpider-Man 2 PS5 release date: Peter Parker is coming to PlayStation. Key details of video game
Once again, Peter Parker is coming to PlayStation! The first look of the much-anticipated Spider-Man 2 was showcased during the PlayStation Showcase on May 24, 2023. The very next day, developer Insomniac shared details. Key Points
Economic TimesLuxury resort on Dubai’s Palm Islands close to selling for $280 million
Anantara The Palm Dubai, a luxurious resort on one of the city’s famous artificial tree-shaped islands, is close to being sold for 1.1 billion dirhams. | Travel Key Points
Hindustan Times