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BBCNEWS Asia July 5, 2024

record set by chatgpt, signing up more than 100 million users in under five days. that was just last wednesday that threads went live on apple and android app stores and 100 countries. mark zuckerberg said he couldn t believe the milestone had been reached so fast but if it feels like lots of people are already on it, well that is partly because it is connect to instagram. meta isn t creating an app from scratch, it is benefiting from its 2 billion instagram followers and that s giving it a massive shot in the arm. analysts are calling this the first serious threat to the elon musk owned twitter. according to similar web, twitter s web traffic was down 11% from the year prior, that s in the days immediately after threads launched. it s worth remembering threads is not the first attempt to challenge the microblogging app but others such as mastodon, bluesky and truth social remain small. history shows that creating a social media platform is hard but when it works, it re ....

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Vedanta chairman Anil Agarwal outlines USD 4 billion investment plan to double oil production

Mining conglomerate Vedanta Ltd, owned by Vedanta Resources, plans to invest $4 billion in doubling oil production over the next 3 years. The company aims to achieve an oil output of 300,000 barrels per day through an aggressive exploration campaign. Vedanta currently produces 140,000 barrels per day and has promising acreage in northeast and deep-water regions. Despite concerns over debt levels, Vedanta remains undeterred and sees India as a favorable market due to its resources. The company has partnered with US oilfield service firms to increase capacity. ....

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Vedanta Oil Production Plans: Vedanta chairman Anil Agarwal outlines USD 4 billion investment plan to double oil production, ET Auto

Vedanta Oil Production Plans: The company is pushing ahead with the investment undeterred by concerns around debt levels at parent Vedanta Resources. ....

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BBCNEWS Asia Business Report June 4, 2024 01:36:00

Notably at the moment, is the order to keep running power plant and the expansion of permits for new coal power plants. so that in theory should mean demand but we will have to see how that plays out as the summer precedes. iphone box con has withdrawn from a semiconductorjoint venture with almost $20 billion. last year the world s biggest contractor electronics maker had signed a pact with india s mining conglomerate stopping the plan was to set up semiconductor and display conduction plans in gujarat but in a statement foxconn said the company will not move forward with a joint venture without explaining why. they say it remains committed to its semiconductor project. ....

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Application for Komatipoort mine withdrawn once again

Application for Komatipoort mine withdrawn once again
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