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Author

Michael Grunwald

Global Editor

Meta

Meta plans to lose even more money building the metaverse while its ads business shrinks

Michael Grunwald Oct 27, 2022
KEY POINTS Meta CEO Mark Zuckerberg sounded flabbergasted at times during a call with analysts explaining his company’s long-term bets. The company said that “Reality Labs…
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Business Profiles

Samsung Q3 profit dragged down as chip business decline by 14%

Michael Grunwald Oct 27, 2022
Samsung said that it now sees a recovery in the second half of 2023, subject to macroeconomic headwinds, led by demand from data center servers. Samsung Electronics Co.’s…
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America

Intel’s self-driving car business, Mobileye, climbs following IPO

Michael Grunwald Oct 27, 2022
Shares in Mobileye, Intel’s autonomous vehicle business, climbed 30% Wednesday following an initial public offering. The deal raised $861 million when shares priced Tuesday at…
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Business Profiles

The slowdown has come for the cloud business

Michael Grunwald Oct 27, 2022
Even cloud giants like Microsoft can't avoid the economic slowdown The economic slowdown has come for tech companies’ big cash cows: the cloud businesses that provide their…
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Business Profiles

Global Business Strategy, Carbon Neutrality, and Supporting India’s Growth

Michael Grunwald Oct 27, 2022
SYNOPSIS TMEIC has been maximizing synergies in its core domains, including industrial systems, power electronics equipment, and rotating machinery, and is now expanding its…
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Analysis

Most Indian business leaders have shields in place to survive looming recession attack, survey says

Michael Grunwald Oct 27, 2022
Synopsis The number of Indian leaders confident of weathering the looming storm far outways those in European nations. As against 97% of leaders confident in the Asian country,…
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Business Profiles

Boeing takes $2.8 bln hit in defense business, keeps cash flow goal

Michael Grunwald Oct 27, 2022
Synopsis Cost overruns in Boeing's defense, space and security segment have hobbled a recovery for the company attempting to come out of successive crises by cashing in on an…
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Ideas

INNOVATIVE WAYS TO MAKE BUSINESSES STAND OUT

Michael Grunwald Oct 27, 2022
Your progress is replaceable or would not belong to you forever, are what we have been told till now. But that’s not applicable in the case of big companies like Coca-cola, KFC, or…
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Business Profiles

Kerala-based IT firms secure business leads worth Rs 80 crore at GITEX

Michael Grunwald Oct 27, 2022
Over 2,000 business leads worth Rs 80 crore were generated by the IT companies from Kerala which took part in the recently concluded global IT exhibition (GITEX) at the Dubai World…
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Business Profiles

New cities being built in country as per global business demand: PM Modi

Michael Grunwald Oct 19, 2022
New cities being built in country as per global business demand: PM Modi Prime Minister Narendra Modi said that new cities are being built in the country as per global…
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