DIRS.INFO The most relevant business & tech news

But the real focus will be on whether widening U.S. curbs on sales of its high-end chips to China could hamper that run. The results will also be a major test for the AI-powered rally that has helped drive up the U.S. stock market this year, with the Philadelphia semiconductor index (.SOX) up nearly 50% in 2023. The Biden administration last month banned China sales of the H800 and A800 chips that Nvidia had created after previous curbs on exports to the country. Reuters GraphicsCHINA CHIPSBefore the latest China export curbs, demand for Nvidia's H800 chip, a slower version of its flagship AI chip, had outpaced rivals as it was better than the alternatives. "It's possible Nvidia's massive growth will make revenue from China less material over time," Morningstar analysts said.

Persons: Dado Ruvic, Kyle Rodda, Biden, Bernstein, Stacy Rasgon, Arsheeya Bajwa, Chavi Mehta, Devika Organizations: NVIDIA, REUTERS, Nvidia, Wall Street Journal, Reuters Graphics, LSEG, AMD, Web Services, Google, Microsoft, Oracle Cloud Infrastructure, Lambda, Morningstar, Thomson Locations: China, Philadelphia, Reuters Graphics CHINA, Bengaluru

The trial is the first of two antitrust cases brought by the Justice Department against Google. Photo: Hasan Bratic/Zuma PressWASHINGTON—The historic antitrust case against Google will soon be in the hands of a judge who says he has no idea how he will rule. It will be many months before U.S. District Judge Amit Mehta , who oversaw the nonjury trial in Washington, rules on the question at the heart of the Justice Department’s case: Did Alphabet -owned Google, which answers about 90% of all internet search queries worldwide, illegally cement its monopoly?

Persons: Hasan Bratic, Zuma Press WASHINGTON, Judge Amit Mehta Organizations: Justice Department, Google, Zuma Press, U.S Locations: Washington

☆ Indian rescuers still 40 metres away from workers trapped in collapsed tunnel
▼ + stars: | 2023-11-17 | by ( Saurabh Sharma | ) www.reuters.com time to read: +1 min

Police officers stand guard next to a barricade past the entrance of a tunnel where 40 road workers are trapped after a portion of the tunnel collapsed in Uttarkashi in the northern state of Uttarakhand, India, November 16, 2023. Acquire Licensing RightsSILKYARA, India, Nov 17 (Reuters) - Rescuers drilled about one-third of the way into the debris of a collapsed highway tunnel in India by Friday morning to reach 40 workers trapped inside for five days, officials said. Drilling had penetrated through about 21 metres (70 feet) of debris, Devendra Singh Patwal, a disaster management officer, told Reuters. Another officer with the rescue team inside the tunnel said the trapped men were doing fine. A rescue mission is currently underway at the Silkyara tunnel in Uttarakhand to free 40 workers who are stuck inside following a landslide.

Persons: Shankar Prasad Nautiyal, Devendra Singh Patwal, Narendra Modi's, Saurabh Sharma, Tanvi Mehta, Raju Gopalakrishnan Organizations: REUTERS, Reuters, Authorities, Thomson Locations: Uttarkashi, Uttarakhand, India, Char

☆ Rescue hopes for men trapped in India tunnel rest on new drill equipment
▼ + stars: | 2023-11-16 | by ( Saurabh Sharma | ) www.reuters.com time to read: +2 min

[1/2] A crane moves past police officers and rescue team members outside a tunnel where 40 road workers are trapped after a portion of the tunnel collapsed in Uttarkashi in the northern state of Uttarakhand, India, November 15, 2023. Rescue efforts have been focused on drilling through the fallen rock to create space for a pipe that can be used to pull the men to safety. Work would begin shortly to cover the 60 metres distance to reach the men, said Devendra Singh Patwal, a state disaster management official. Since the tunnel collapsed, the trapped men have been supplied with food, water and oxygen via a pipe and they are in contact with rescuers via walkie-talkies. Authorities have not said what caused the tunnel to cave in but the region is prone to landslides, earthquakes and floods.

Persons: Shankar Prasad Nautiyal, Ranjit Sinha, Devendra Singh Patwal, Narendra Modi's, Saurabh Sharma, Tanvi Mehta, Neil Fullick Organizations: REUTERS, Local, Authorities, Thomson Locations: Uttarkashi, Uttarakhand, India, New Delhi, Char

☆ What's next in Google's court battle with the US Justice Department?
▼ + stars: | 2023-11-16 | by ( Companies Need To Integrate Climate Reporting Across Functions To Comply With California S New Law | Henry Engler | October | ) www.reuters.com time to read: +2 min

Judge Amit Mehta of the U.S. District Court for the District of Columbia will rule sometime in 2024 on whether any of Google's actions broke antitrust law. APPEALS LIKELYNo matter who prevails when Mehta issues his ruling, experts say there will be an appeal. Google's default search agreements have prevented this from happening, they say. Google may also be required to spin off its Chrome browser, which has the Google search engine as its default. Chrome has almost 60% of the computer browser market, according to the Justice Department's amended complaint filed in 2021.

Persons: Amit Mehta, Mehta, Megan Gray, Lee Hepner, Bing, Satya Nadella, Department's, Diane Bartz, Matthew Lewis Organizations: U.S . Justice Department, Google, U.S, District, Supreme, Justice Department, Apple, Android, American Economic Liberties, Thomson Locations: Columbia, Washington

☆ Indian workers remain trapped in collapsed tunnel as rescue hampered
▼ + stars: | 2023-11-15 | by ( Saurabh Sharma | ) www.reuters.com time to read: +2 min

[1/2] Members of rescue teams prepare to conduct a rescue operation after a portion of an under-construction tunnel collapsed in Uttarkashi in the northern state of Uttarakhand, India, November 14, 2023. Uttarakhand State Disaster Response Force/Handout via REUTERS Acquire Licensing RightsLUCKNOW, India, Nov 15 (Reuters) - Rescue teams were unable on Wednesday to reach 40 workers trapped in a collapsed highway tunnel in India, as huge boulders were blocking efforts to create an evacuation passage, officials said. It has been three days since the tunnel collapsed but the labourers continue to be safe and healthy, one official involved in the rescue operations told Reuters. Naveen, relief commissioner of Uttar Pradesh state, told Reuters. Local media reported on Tuesday that those near the exit of the tunnel got out, while the 40 who were deeper inside were trapped.

Persons: G.S, Naveen, Narendra Modi's, Saurabh Sharma, Tanvi Mehta, Raju Gopalakrishnan Organizations: Disaster, REUTERS Acquire, Reuters, Thomson Locations: Uttarkashi, Uttarakhand, India, LUCKNOW, New Delhi, Uttar Pradesh, Lucknow

☆ Indian Workers Remain Trapped in Collapsed Tunnel as Rescue Hampered
▼ + stars: | 2023-11-14 | by ( Nov. | At P.M. | ) www.usnews.com time to read: +2 min

By Saurabh SharmaLUCKNOW, India (Reuters) - Rescue teams were unable on Wednesday to reach 40 workers trapped in a collapsed highway tunnel in India, as huge boulders were blocking efforts to create an evacuation passage, officials said. It has been three days since the tunnel collapsed but the labourers continue to be safe and healthy, one official involved in the rescue operations told Reuters. The trapped men have been given food, water and oxygen through a pipe since Sunday morning, after the tunnel caved in at 5:30 a.m. (0000 GMT). Naveen, relief commissioner of Uttar Pradesh state, told Reuters. Local media reported on Tuesday that those near the exit of the tunnel got out, while the 40 who were deeper inside were trapped.

Persons: Saurabh Sharma, G.S, Naveen, Narendra Modi's, Tanvi Mehta, Raju Gopalakrishnan Organizations: Reuters Locations: Saurabh Sharma LUCKNOW, India, New Delhi, Uttar Pradesh, Uttarakhand, Lucknow

☆ Sea posts surprise loss on hefty e-commerce investments, shares fall
▼ + stars: | 2023-11-14 | by ( ) www.reuters.com time to read: +1 min

Nov 14 (Reuters) - Singapore-based Sea (SE.N) reported a surprise third-quarter loss as the Southeast Asian tech giant prioritized growth over profits by pouring money into its e-commerce business, sending its shares more than 17% lower on Tuesday. The company also expects to boost investments, it said, ahead of the key holiday shopping season in the fourth quarter. Sea has spent heavily in what is called "e-commerce live streaming", where products are sold over live videos, a model popular in China. The company posted a loss of 26 cents per share for the quarter ended Sept. 30, ending its streak of three straight profitable quarters. However, a global economic slowdown hit e-commerce and digital entertainment, forcing Sea to undertake hefty cost cuts including laying off thousands of employees.

Persons: Alibaba Group's, ByteDance's, Forrest Li, Chavi Mehta, Devika Organizations: HK, Thomson Locations: Singapore, China, Bengaluru

☆ Heavy machinery brought in to pull out Indian workers from collapsed tunnel
▼ + stars: | 2023-11-14 | by ( Saurabh Sharma | ) www.reuters.com time to read: +2 min

Members of rescue teams are pictured during a rescue operation after a portion of an under-construction tunnel collapsed in Uttarkashi in the northern state of Uttarakhand, India, October 13, 2023. Uttarakhand State Disaster Response Force/Handout via REUTERS Acquire Licensing RightsLUCKNOW, India, Nov 14 (Reuters) - Excavators began drilling with heavy machinery on Tuesday to fix a wide steel pipe that will help pull out almost 40 Indian workers trapped inside a collapsed Himalayan highway tunnel that caved in two days ago in the north Indian state of Uttarakhand. Patwal said it was not easy to ascertain the time required to pull out the workers. But some work has been halted by local authorities after hundreds of houses were damaged by subsidence along the routes, including in Uttarakhand. Reporting by Saurabh Sharma in Lucknow and Tanvi Mehta in New Delhi; Editing by Stephen CoatesOur Standards: The Thomson Reuters Trust Principles.

Persons: Devendra Singh Patwal, Patwal, Char, Narendra Modi's, Saurabh Sharma, Tanvi Mehta, Stephen Coates Organizations: Disaster, REUTERS Acquire, Thomson Locations: Uttarkashi, Uttarakhand, India, LUCKNOW, North India, Lucknow, New Delhi

☆ Apple gets 36% of Google search revenue from Safari, Alphabet witness says
▼ + stars: | 2023-11-14 | by ( Rohan Goswami | In Rohangoswamicnbc | ) www.cnbc.com time to read: +2 min

Google pays Apple more than a third of its search advertising revenue from Safari under the terms of the two companies' search default agreement, an Alphabet witness said in open court Monday amid a protracted antitrust battle between Google and the Department of Justice. The 36% figure, which was not previously known to the public, is one of the clearest indications of how lucrative Google's search deal has been for both Apple and the search engine company. The search default agreement is a major focus of the proceedings. Bernstein analyst Toni Sacconaghi has estimated in a note to clients that Apple would see $19 billion in 2023 revenue as a result of the search engine default deal with Google. "Everybody talks about the open web, but there really is the Google web," he said on the stand.

Persons: Kevin Murphy, Department's, John Schmidtlein, Murphy, Amit Mehta, Bernstein, Toni Sacconaghi, Apple, Sundar Pichai, Satya Nadella, Nadella, Microsoft's Bing Organizations: Google, Apple, Safari, Department of Justice, University of Chicago, Williams, Connolly, Bloomberg News, Microsoft

☆ How Microsoft’s Legal Legacy Shapes the Antitrust Case Against Google
▼ + stars: | 2023-11-14 | by ( Steve Lohr | More About Steve Lohr | ) www.nytimes.com time to read: +1 min

Antitrust trials are full of long stretches of detailed, often tedious testimony punctuated by telling moments. In the two-month Google antitrust trial that is nearing its conclusion, one of those moments came in a brief exchange in October. The barriers to competition in search today, Mr. Schmidtlein said, are less daunting than Microsoft’s stranglehold on personal computer software. “Let’s move on,” said Judge Amit P. Mehta, who wrote in an opinion earlier in the year that he would use the Microsoft case as a guiding framework. “I think I can figure out what the Microsoft case was about.”The antitrust fight against Microsoft in the 1990s has loomed over the government’s showdown with Google.

Persons: John Schmidtlein, Google’s, Schmidtlein, “, ”, Amit P, Mehta Organizations: Justice Department, Microsoft, Google

☆ Three Indian cities among world's 10 most polluted after Diwali
▼ + stars: | 2023-11-13 | by ( ) www.reuters.com time to read: +1 min

NEW DELHI, Nov 13 (Reuters) - Two Indian cities joined New Delhi to be among the world's worst 10 for pollution on Monday morning, with smoke heavy in the air a day after revellers let loose with firecrackers for Diwali - the annual Hindu festival of light. It had an air quality index (AQI) figure of 420, putting it the 'hazardous' category, according to Swiss group IQAir. An AQI level of 400-500 impacts healthy people and is dangerous to those with existing diseases, while a level of 150-200 brings discomfort to people with asthma, lung and heart problems. Every year authorities impose bans on firecrackers in the capital, but only rarely do those bans appear to be enforced. Air quality in India deteriorates every year ahead of winter, when cold air traps pollutants from vehicles, industry, construction dust and agricultural waste burning.

Persons: Tanvi Mehta, Edwina Gibbs Organizations: Thomson Locations: DELHI, New Delhi, Swiss, Kolkata, India's, Mumbai, India

☆ Indian capital gets a breather as rain brings respite from smog
▼ + stars: | 2023-11-10 | by ( ) www.reuters.com time to read: +2 min

India's weather department has forecast intermittent rain over the city and adjoining areas till early noon on Friday. Meanwhile, air in the financial capital of Mumbai has markedly improved due to showers in nearby coastal areas. This year, attention on the worsening air quality has cast a shadow over the cricket World Cup hosted by India. Scientists and authorities were planning to seed clouds in New Delhi around Nov. 20 to trigger heavy rain, the first such attempt to clean the air. Friday's rain comes two days before the Diwali festival, when many people defy a ban on firecrackers, causing a spike in air pollution.

Persons: Anushree, Tanvi Mehta, Rajendra Jadhav, Raju Gopalakrishnan Organizations: REUTERS, India, Thomson Locations: New Delhi, India, DELHI, Swiss, Punjab, Haryana, Rajasthan, Kolkata, India's, Mumbai

☆ Indian Capital Gets a Breather as Rain Brings Respite From Smog
▼ + stars: | 2023-11-09 | by ( Nov. | At P.M. | ) www.usnews.com time to read: +2 min

NEW DELHI (Reuters) - Overnight rain in New Delhi and its suburbs brought some relief to the Indian capital on Friday morning, where authorities were mulling seeding clouds to improve the toxic air gripping the city. India's weather department has forecast intermittent rain over the city and adjoining areas till early noon on Friday. Meanwhile, air in the financial capital of Mumbai has markedly improved due to showers in nearby coastal areas. This year, attention on the worsening air quality has cast a shadow over the cricket World Cup hosted by India. Friday's rain comes two days before the Diwali festival, when many people defy a ban on firecrackers, causing a spike in air pollution.

Persons: Tanvi Mehta, Rajendra Jadhav, Raju Gopalakrishnan Organizations: India Locations: DELHI, New Delhi, Swiss, Punjab, Haryana, Rajasthan, Kolkata, India's, Mumbai

Toy figures of people are seen in front of the displayed Disney + logo, in this illustration taken January 20, 2022. For the fiscal fourth quarter ended Sept. 30, Disney reported adjusted per-share earnings of 82 cents, topping an average forecast of 70 cents, according to LSEG data. The company said it added nearly 7 million Disney+ streaming subscribers in the quarter, with the inclusion of "Guardians of the Galaxy Vol. Disney+ and Disney+ Hotstar together boast 150.2 million subscribers, ahead of Visible Alpha's estimate of 147.4 million. "Our results this quarter reflect the significant progress we've made over the past year," Iger said in a statement.

Persons: Dado Ruvic, Walt Disney, Bob, Kevin Lansberry, Iger, Disney, Nelson Peltz, Trian, Paolo Pescatore, Paul Verna, Verna, We've, Dawn Chmielewski, Lisa Richwine, Chavi Mehta, Peter Henderson, Sayantani Ghosh, Matthew Lewis Organizations: REUTERS, ABC, Disney, Guardians, Trian, Management, Warner Bros Discovery, SAG, Insider Intelligence, Hulu, ESPN, Shanghai Disney, Walt Disney, Disney's Entertainment, Star, Big Ten, Thomson Locations: Shanghai, Hong Kong, Florida, India, Los Angeles, Bengaluru

He also lowered his price target by $6 to $120, implying just 3.9% upside from Tuesday's close. Analyst Shaun Kelley has a $40 price target on shares, implying shares could gain 11.4% from Tuesday's close. Rivian shares jumped more than 7% after the company increased its production forecast for the full year by 2,000 units to 54,000. Datadog shares have produced zero return over the past three years, Murphy noted, with shares down 9% since Oct. 15, 2020. UBS has a neutral rating on Apple and a price target of $190 per share, which implies upside of 4.5%.

Persons: Cowen downgrades Estee, TD Cowen, Estee Lauder, Oliver Chen, Chen, — Hakyung Kim, Shaun Kelley, Kelley, Goldman, Goldman Sachs, Neil Mehta, Mehta, There's, Colin Langan, Langan, Piper Sandler, Alexander Potter, Potter, Rivian, Mark Delaney, Morgan Stanley, Jonas, Mark Murphy, Murphy, David Vogt, Vogt, Fred Imbert Organizations: CNBC, Tech, UBS, JPMorgan, Revenue, Asia, Bank of America, Industry, Mehta ., Wall Street, Rivian, pullbacks, Pro, Pro Max, Apple Locations: China, Asia Pacific, Europe, Middle East, Africa, Tuesday's, U.S

☆ EBay forecasts fourth-quarter results below estimates on weak consumer spending
▼ + stars: | 2023-11-07 | by ( ) www.reuters.com time to read: +2 min

REUTERS/Dado Ruvic/Illustration Acquire Licensing RightsNov 7 (Reuters) - Ebay (EBAY.O) forecast fourth-quarter revenue and profit below Wall Street estimates on Tuesday and joined other e-commerce platforms in sounding the alarm on weaker-than-expected consumer spending. EBay forecast current-quarter revenue in the range of $2.47 billion to $2.53 billion, compared with estimates of $2.60 billion, according to LSEG data. The company also expects current-quarter adjusted profit per share in the range of $1 to $1.05, compared with estimates of $1.04. Third-quarter revenue rose 5% to $2.50 billion, in line with Wall Street expectations, as the company saw an uptick in demand for refurbished goods. On an adjusted basis, eBay earned $1.03 per share, compared with estimates of $1.

Persons: Dado Ruvic, Jamie Iannone, Jefferies, D.A, Tom Forte, Chavi Mehta, Shounak Dasgupta Organizations: eBay, REUTERS, Ebay, Wall, Amazon, Davidson &, EBay, Thomson Locations: Jose , California, Europe, United States, Bengaluru

☆ SpaceX eyes $15 bln in sales next year on Starlink strength - Bloomberg News
▼ + stars: | 2023-11-06 | by ( ) www.reuters.com time to read: +1 min

SpaceX founder and Tesla CEO Elon Musk speaks on a screen during the Mobile World Congress (MWC) in Barcelona, Spain, June 29, 2021. Sales for Starlink, in particular, are expected to outpace and exceed the launch business next year as the product becomes available in more regions around the world, according to the report. SpaceX is on track to register earnings, excluding some items, of more than $3 billion, Bloomberg News said. SpaceX did not immediately respond to a Reuters request for comment. Reporting by Chavi Mehta in Bengaluru; Editing by Shounak DasguptaOur Standards: The Thomson Reuters Trust Principles.

Persons: Elon Musk, Nacho, Chavi Mehta, Shounak Dasgupta Organizations: SpaceX, Mobile World Congress, REUTERS, Bloomberg, Starlink, Bloomberg News, Thomson Locations: Barcelona, Spain, Bengaluru

☆ Chipmaker NXP forecasts profit above estimates on resilient auto, industrial
▼ + stars: | 2023-11-06 | by ( ) www.reuters.com time to read: +2 min

REUTERS/Steve Marcus/File Photo Acquire Licensing RightsNov 6 (Reuters) - Chipmaker NXP Semiconductors (NXPI.O) forecast fourth-quarter profit above Wall Street targets on Monday, expecting a resilient automotive market and stable industrial demand to offset weakness in other key markets. NXP in September said automotive demand was "pretty good" across all its markets, including China, which contributes about 30% to the chipmaker's total revenue. However, NXP CEO Kurt Sievers said the company's communication infrastructure business performed "slightly below expectations" in the third quarter. The company forecast adjusted current quarter revenue in the range of $3.30 billion and $3.50 billion, compared to analysts' estimate of $3.43 billion, per LSEG data. Revenue in the third quarter was $3.43 billion, compared with estimates of $3.40 billion.

Persons: Steve Marcus, Kurt Sievers, NXP, Chavi Mehta, Krishna Chandra Organizations: Semiconductors, Electronics, Las Vegas Convention, REUTERS, Wall, NXP, Apple, Revenue, Nasdaq, Thomson Locations: Las Vegas , Nevada, U.S, China, Eindhoven, Netherlands, Bengaluru

NEW DELHI, Nov 3 (Reuters) - India's capital New Delhi was wrapped in a thick layer of toxic haze on Friday and some schools were ordered closed as the air quality index (AQI) plummeted to the "severe" category. In India, the annual average concentration of particulate matter 2.5 (PM2.5) in the air is the highest in northern regions. Officials said they saw no immediate improvement in the air quality. Delhi hosts a World Cup match on Monday between Bangladesh and Sri Lanka. Poor air quality also caused respiratory problems, irritation in the eyes and restlessness in pet animals.

Persons: Aheed Khan, Ashwani Kumar, Prabhat Gangwar, Tanvi Mehta, Rajesh, Blassy Boben, Manoj Kumar, Raju Gopalakrishnan, Mark Heinrich Our Organizations: joggers, Residents, Officials, Control Committee, Farmers, Health, Friendicoes, Thomson Locations: DELHI, New Delhi, Swiss, Pakistani, Lahore, Delhi, India, Punjab, Haryana, Uttar Pradesh, Mumbai, Bangladesh, Sri Lanka

☆ A Golden Treat for Diwali
▼ + stars: | 2023-11-02 | by ( Christina Morales | More About Christina Morales | ) www.nytimes.com time to read: +1 min

In the past decade, Ms. Mehta said, Indians have integrated some global ingredients into their traditional cooking for Diwali. In the United States, many Indian Americans make Diwali catering orders through Facebook or WhatsApp. Urja Shukla Bhatt, of Warminster, Pa., has been taking catering orders for snacks and dinner since at least August. Her mother-in-law, Daksha Bhatt, helps make the snacks, but Urja Shukla Bhatt cooks the Indian dishes for dinner. The pair is expecting to make at least 20 items, including hundreds of samosas and more than 20 pounds of chakri.

Persons: Bharadwaj, they’re, Nita Mehta, Mehta, Urja Shukla Bhatt, Daksha Bhatt, chakri, Bhatt Organizations: Facebook Locations: United States, Warminster, Pa

☆ Air Pollution in India's New Delhi Turns 'Severe', Some Schools Shut
▼ + stars: | 2023-11-02 | by ( Nov. | At P.M. | ) www.usnews.com time to read: +1 min

By Tanvi MehtaNEW DELHI (Reuters) - People in New Delhi woke up to a thick layer of toxic haze on Friday, and some schools were ordered to be shut for two days as the air quality index (AQI) entered the "severe" category in several parts of the Indian capital. "Unfavourable meteorological conditions, sudden increase in the farm fire incidents and north-westerly winds moving the pollutants to Delhi are the major causes for sudden spike in AQI," the region's Commission for Air Quality Management said on Thursday. Authorities ordered primary, or elementary, schools to remain shut on Friday and Saturday, while most construction work in the region has been suspended. This year, attention on the worsening air quality has cast a shadow over the cricket World Cup hosted by India, with financial capital Mumbai also suffering from a spike in the pollution levels. Delhi hosts a World Cup match next on Monday between Bangladesh and Sri Lanka.

Persons: Tanvi Mehta, Lincoln Organizations: Residents, region's Commission, Air Quality Management, . Authorities Locations: DELHI, New Delhi, Delhi, India, Mumbai, Bangladesh, Sri Lanka

☆ Goldman Sachs just promoted 608 employees to the coveted role of managing directors. See the full list here.
▼ + stars: | 2023-11-02 | by ( Emmalyse Brownstein | ) www.businessinsider.com time to read: +14 min

Goldman Sachs announced its 2023 class of managing directors Thursday afternoon, giving 608 employees the coveted title. It's a smaller cohort than the bank's 2021 MD class, down 5% amid a dealmaking slowdown. Still, Goldman appears to have taken pains to promote employees in revenue-generating divisions like investment banking and trading. Goldman says the percentage of women it promoted as part of the 2023 MD class sets a record, up 1% from 2021. Two years ago, Goldman promoted the largest managing director class in its history, naming 643 employees to the designation in 2021.

Persons: Goldman Sachs, Goldman, David Solomon, John Waldron, we've, Solomon, Waldron, Goldman Sachs Fereshteh Abbasi Thomas Abe Devina Abreo Francesca Adamski Emmanuel Adenitire Gopal Agarwal Prasoon Agarwal Udit Agrawal Khamran Ali Omar Alzaim Dorothee Amar Akbar Amin Joe Amsler Wilfred Amuri Jack Anstey Paul Antonios Hidemi Aoki, Carolina Aragon Gonzalez Nelson Armbrust Georgina Aspden Laurene, Gisha, Sharon Babick Navin Babu Alexey Bachurin Alberto Bacis Patrick Badaro Rahul Bajaj Elise Bal Tanya Ballaram Brian Baltz Guillaume Banderet Nirav Bansal Nitin Bansal Swati, Chalapathi, Andrei Banu Camella Barnes James Barry Elisa Anna Bassu Aman Batra Eleanor Beasley Nicole Beavan Michael Becker Yukiko Beer Omar Benchekroune Richard Bennett Nigel Beslee Ashima Bhalla Nikhil Bhandari Nimita Bhargava Bodha Bhattacharya Rebecca Bibb Roseline, Rahul Bindu Mark Bird Leo Biselman Christian Blanc Patrick Bogues Michael Boratin Katherine Bordlemay Gabriela Borges Kate Boucher Erik Bouland Joanne Braidi Chris Brett Joseph Briggs Charles Brockett Emmeline Brothers Aaron Brown Adrienne Brown Kevin Bryck Archana Budida Oliver Bunn Rebecca Burgoyne Andrew Burpitt Todd Byers Patrick Byrne Michael Cahill Ashley Caldwell Jake Caldwell Serdar Caliskan Jon Calluzzo Stewart Campbell Samantha Cantor Yuri Cantor Dan Carabas Gemma Carlaw Laura Carroll Tim Carson Matt Carter Quentin Cezard Alex Cham Simon Chamama Heidi Chan Patrick Chan Suraj Chandran Kim Cheah Jon Cheh CP Chen Nelly Cheng Sarrah Cherhabil Jackson Cheung Michael Cheung Rama, Stan Chiu Anish, Kunal Choraria Ankit Chowdhari Dario Claus Cosimo Codacci, Michael Coleman David Collerd Shannon Collins Francesca Condini Lee Coppersmith John Couch Tim Creamer Maziar, Satish Damodaran Gareth Davies Serkan, Nick De Kock Ann de la, Nick De Kock Ann de la Montaigne Jan Debeuckelaer Molly Decker Gabrielle Decrion Laurent Dedieu Antoine Demongeot Yannick Derippe Deepalakshmi Desai Tim Desiano Joshua Dezube Randeep Dhillon Javier Diaz, Merry Matheus, Jared Dickow Alex Doell Mao Dong Praneil Doolabh Daniel Dooling Michelle Dorea Szymon Doroz Jacqueline Du Benjamin Duell Kelsey Dumont Julie Duval Todd Ebe Dayo, Jeremy Eisenstein Chris Elmore Ryan Erickson Joaquin Escribano Larry Estrada Pavel Fadeev Will Fairbourn Jeremy Falgiani Fabio Federici Wenlong Fei David Felman Sophia Ferguson Zach Fernandez David Fernandez Miguez Scott, William Fio Rito Duffy Fischer Lisa Florentine Akshay Fomra Janice Foo Nicholas Forbat Elie Franko Georgina Fraser Jason Freeman Nicole Freeman Oliver Friedberg Gavriel Friedland Ross Fuller Angela Fung Greg Furness Nikhil Gadodia Stefano Gamba Amit Singh Gambhir Javier Gandara Giorgio Gandola Amit Gangrade Sudha Garimella Mima Garland Mingmin Ge Graziano Gemma Shefali Gera Constance Germain Brad Gifford Benjamin Giles Abbas Ginwala Marlene Giorgio Thomas Giovachini Zachary Glasser Guillaume Gnech Harley Golding Yuriy Goldman Jesse Goldstein Roy Golender Sharon Gonnella Alejandro Gonzalez Steven Gooden Jessie Gould Varun, George Graf von Waldersee Florian Granier Jamie Greenberg Brian Grzelakowski Alessandro Guicciardi Michael Guiliano Samuel Guinness Bivash Gunpath Deepa Gupta Parikshit Gupta Lauren Gutierrez Johannes Hahn Chris Hallam Alex Halpern Christina Halpin Michael Hamilton Brooke Hammel Saki Hanioka John Hanson Mathew Harris Ally Hart Amy Harwood Tom, Emily Hashimoto Rob Haslam Michael Heino Brandon Herde Sarah Higgins Camilla Hill Spencer Hill Sho, Cecilia Ho Jonathan Ho Bryan Hoffman Kevin Hoffmeyer Eliza Hollyday Simon Holmes Mehdi, Lily, Derek Hu Jennifer Hui Tim Huiszoon Camille Humbert Kurt Humes Kelley Hutchison Masayuki Ichioka Andrew Imber Calvin Isaac Jackson Isaacs Sharif Ismail Yu, Doug Michael Jaffa Nitin Jagga Rahul Jain, Jataprolu Fiona Jervis Yinpeng Jin Sandeep Jindal Jennifer Jochinger Steven Johnson David Johnstone Megan Jordan Nicolas Joseph Bob Kadel Jean Kam Harneet Kaur Vinay Kaura Peter Kelman Stephanie Kenary Maggie Keohan Humayun Khalid Sunil Khandelwal Scott Kilpatrick Jenny Kim Ashley King Joel Klaus Rene Klos Rossitsa, Michael Kondoleon Gregory Kontopoulos Larry Kornreich Shrivathsa Kota Konrad Krallmann Ken Kraska Alexander Kretzberg Bryant Krongard Simon Kubbies Adam Kulik Peter Kulka Ajeya Kumar Aditya Kurella Sara Lachapelle Raagini, Langalia Chaim Langer Alexander Langley Raven LaRue Dolapo Lawal Claire Leblanc, Langalia Chaim Langer Alexander Langley Raven LaRue Dolapo Lawal Claire Leblanc Mary LeDonne, Allison Lee Michael Lee Soohyun Lee Victoria Lewis Alice Li Qing Li George Lin Ali Lippert David Lipworth Bozhena Lisko, Murphy Mark Littlewood Zhenyi Liu Yelli Lobel Avinash Lobo Burke Loeffler Gabriela Lopez Cristian Lopez, Balboa Carlos Lopez Torrero Stephanie Louie Edward Lowe Reynolds Lowry Fei Luo Ranjan Luthra Sangeetha M Martin Ma Matthew Maciaszek Michael Magee Steffen Mahringer Poonam Majithia Terres Maloney Gopal Manchikanti Jade Mandel, Manfay Varun, Pierre Marboeuf Matt Margolin Thiago Marinheiro Kevin Martens Masato Maruyama Lucinda Mataka Rishi Mathur Pierre Maugest Scott Maxfield Andrei Maxim Michael McClurg Selina McCole Jeff McCown Andrea McGee Sinead McGuigan John McGuinness Benjamin McRoberts Amit Mehrotra Gaurav Mehta Kelly Mellecker Josef Menasche Raf Mercado Alexander Mielke Rachel Miles Christopher Miller Megan Miller Robert Miller Max Minton Edward Mitchell Oliver Money Tyler Moni Anna Montvai Taylor Moore Anthony Moschella Brandon Moy Faraz Munaim Sasha Munn Ashok Musuvathy Negar, Julian Naden Robinson Hiroki Nagamine Srijith Nair Cornelius Namiluko Sanjiv Nanwani Jay Narain Robert Andranik Nazarian Jovan Negovan Ryan Newman Michael Ng, Tasuku Nishihara John Nixon Kristy Nomi Alexandre Nunes Patrick O'Callaghan Yusuke Ochi KC O'Connor David Olivares Erica Olsen Victoria Ortengren Anas, Peter Pace Robert Packwood Nitin, Ellen Pak Ruth Pan Pedro Panizo Jayshri, Rahul Parikh Dan Parisi Freddie Parker Phil Parsons Peter Paruch Paul Pate Bella Patel Preya Patel Rakesh Patel Amit Patni Ed Paulinski Adam Pennacchio Kyle Penton Abhishek Periwal Michael Perrier Yoric Perrin Rasmus Persson Tommy Pinhas, Marco Poletti Megan Prasad Avijit Praveer James Puccinelli Sameer Punde Rob Pyne Na Qiao Valentina Quadri Marco Quirico Anya Radford Abhishek Rai Rahul Raj Ram Rajamony Ryan Ramsay Rami Rankoussi Nach Rao Pawan Rao Anurag Rathi Philip Renton Noel Reyes Ruth Reynolds Timothy Richards Peter Richter Brigid Riley Hutchinson Nick Rill Kristina Ristagno Vicky Ritter Martin Roberson James Roberts James Robinson Giorgio, Erin Roos Erin Ross Sumit Roy Conrad Ryan Soo, Ryu David Sage Jai Sahani Namita, Sarah Sakkej Karim Saleh Ayesha Salman Divya Samani Henrik Samuelsson Ryan Sansalone Vikram Sarker Shalini Satish Babu Charlotte Saury, Hania Schmidt Helene Schmitt Emily Schorr Wendy Schrunk Thomas Schwegler Michael Sciancalepore Brandon Seaman Benjamin Seigel Gamal Selvarajah Nicholas Semeniuk Devjoy Sengupta Michael Shafik Arpan Shah Shashwat Shah Shahnawaz Shahbaz Manoj Sharma Sachin Sharma Wazila, Gunduz Shirin Alex Silver Asmita Singh Kamalpreet Singh Andrew Sinnott Sapna, Dan Skinner Andrew Snow Stephanie Snyder Farouk Soussa Christopher Spahr Erik Sparks Matt Speltz Naveen Srinivasan Bhargav, Warren, Damian Steele Tobias Stein Catherine Stemp Dave Stringer Shekar Subramanian Jordan Sudy Philipp Suess Fatima Sultana Lu Sun Kumar Sundaram Fiona Syer Matthew Sykes Tofi, Filippo Taddei Sandhya Tadishetty Omer Tanvir Rita Taylor Zachary Tcheyan Brian Teague Wesley, Caitlin Terry Thomas Tesauro Hemal, Justin Therry Christine Thornburg Gregory Thysheril Angelo Tierno Alexander Tingle Ryan Townsend Cynthia Trillo Dimitris, Jessica Tung Jonathan Tung Ezgi, Zachary Upcheshaw Kiyomi, Nadine Urseanu Jim Vais Pim Valantagul Perrin Van Allen Annerieke van Dijk Jeroen van Dorp Dennis van Laer Todd van Stolk, Riley Jacqueline Vargas Alexander Vavalidis Edwin Velez Prasanna Venugopal Tim Verheyden Amanda Verstegen Ankit Vijay Vargiya Salvador Villanueva Arthur Villard Sichel Denzel Voesenek Bradley Wainwright Adam Walker Barbara Walters Omar Waly Daniel Wang Kenneth Wang Kristen Ward Gavin Warren Michael Washington Harry Webster Fredrik Weege Brian Weiss Thomas Weitz Nat Wells Joe Wenzel Tim Whitehead Henry Willans Matthew Williams Taylor Williams Katie Wilson Richard Wilson Stephanie Wisner Ilana Wolfe Jake Woodson Jeff Wu Qi Wu Jackson Yang Esma, Yoon Harm, John Zhai Jenny Zhang Lynn Zhang Raye Zhu Jane Zhuang Hans Zijlmans Carolyn Zimmer Samia Zitouni Mira Zorkot Organizations: Goldman, Wall, Carolina, Nick De Kock Ann de la Montaigne, Langalia Chaim Langer Alexander Langley Raven LaRue Dolapo Lawal Claire Leblanc Mary Locations: Europe, Asia, India

☆ Starlink achieves cash-flow breakeven, says SpaceX CEO Musk
▼ + stars: | 2023-11-02 | by ( ) www.reuters.com time to read: +2 min

SpaceX founder and Tesla CEO Elon Musk speaks on a screen during the Mobile World Congress (MWC) in Barcelona, Spain, June 29, 2021. REUTERS/Nacho Doce/File Photo Acquire Licensing RightsNov 2 (Reuters) - SpaceX CEO Elon Musk said on Thursday the rocket company's satellite internet unit, Starlink, had achieved cash flow breakeven. In 2021, Musk said SpaceX would spin off and take Starlink public once its cash flow was reasonably predictable. Starlink has been in the spotlight since last year as it helps provide Ukraine with satellite communications key to its war efforts against Russia. SpaceX is valued at about $150 billion and is one of the most valuable private companies in the world.

Persons: Elon Musk, Nacho, Musk, Starlink, Chavi Mehta, Joey Roulette, Shinjini Organizations: SpaceX, Mobile World Congress, REUTERS, Viasat, Russia, NASA, Wall Street, Thomson Locations: Barcelona, Spain, Ukraine, Gaza, Bengaluru, New York

A smartphone with a displayed Intel logo is placed on a computer motherboard in this illustration taken March 6, 2023. Executives at both the companies talked up the stabilizing PC market on earnings calls this week and said they expected the integration of artificial intelligence to boost growth. "The arrival of the AI PC represents an inflection point in the PC industry," said Intel CEO Pat Gelsinger. AMD boss Lisa Su said she "expected some growth going into 2024 as we think about sort of the AI PC cycle and some of the (Microsoft) Windows refresh cycles". Still, some investors see the lack of AI apps as a potential hurdle for their adoption.

Persons: Dado Ruvic, Pat Gelsinger, Lisa Su, Justin Sumner, Canalys, Dave Egan, Arsheeya Bajwa, Akash Sriram, Chavi Mehta, Krishna Chandra Organizations: REUTERS, Intel, Devices, AMD, Microsoft, Voya Investment Management, Graphics, Columbia, Thomson Locations: Bengaluru

Search resuls for: "Mehta"

25 mentions found