Bill Gates Says Self-Driving Cars Will Be As Revolutionary As the PC

Elon Musk and Bill Gates have butted heads over issues from climate change to artificial intelligence (if we’re being honest, it’s the Chief Twit that’s done most of the butting) — but the two tech billionaires may agree on one thing: the transformative potential of self-driving cars. The Microsoft cofounder dedicated his most recent blog … Read more

GST collections in March jump 13% to Rs 1.6 lakh crore

India’s monthly goods and services tax (GST) collections hit the second highest ever in March, rising 13% from a year earlier to `1.6 lakh crore, suggesting economic strength despite several headwinds. The total gross collection for FY23 was Rs 18.10 lakh crore, an average Rs 1.51 lakh a month and up 22% from FY22, data … Read more

I Was Burned Out When I Sold My Startup, but I Started Another

Ankur Nagpal started his first company Teachable in 2013. He enjoyed running Teachable at first, but after he sold it, he was left feeling burned out. Nagpal thought he would never start another company again — until he founded Ocho Wealth. This as-told-to essay is based on a conversation with Ankur Nagpal, 34, who founded … Read more

Investors Pour $286 Billion Into Money Market Funds Amid Bank Fears

Over $286 billion has made its way into money market funds in March, The FT reported. “We are seeing shifts into money market funds by every segment of investor,” Goldman Sachs said. Bank deposit outflows have risen to $17.5 trillion, and have notched $5.4 trillion at smaller banks. Depositors’ search for a safe haven has … Read more

South Korea to surpass China in chip machine spending next year

South Korea is forecast to overtake China in spending on advanced chipmaking equipment next year in a sign of US export controls reshaping global supply chains for semiconductors. Korea will likely increase its investment in fab equipment by 41.5% to $21 billion in 2024 while China logs only a 2% increase to $16.6 billion, according … Read more