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(Bloomberg) -- Sign up for the India Edition newsletter by Menaka Doshi – an insider's guide to the emerging economic powerhouse, and the billionaires and businesses behind its rise, delivered weekly.Most Read from BloombergIsrael Latest: Army Says Hamas Officials Dead; Over 600,000 in Gaza Flee SouthUS Pushes to Contain Israel-Hamas War, Warns Iran About EscalationUS to Tighten Curbs on China’s Access to Advanced Chip TechIsrael Latest: Biden and Abbas Talk as Gaza Invasion NearsGlobal Markets...

An Australian regulator has fined Elon Musk's social media platform X A$610,500 ($386,000) for failing to cooperate with a probe into anti-child abuse practices, a blow to a company that has struggled to keep advertisers amid complaints it is going soft on moderating content. The e-Safety Commission fined X, the platform Musk rebranded from Twitter, saying it failed to respond to questions including how long it took to respond to reports of child abuse material on the platform and the methods it used to detect it. Though small compared to the $44 billion Musk paid for the website in October 2022, the fine is a reputational hit for a company that has seen a continuous revenue decline as advertisers cut spending on a platform that has stopped most content moderation and reinstated thousands of banned accounts...

(Bloomberg) -- US Secretary of State Antony Blinken said he’s confident Egypt’s border with Gaza will be opened to allow humanitarian aid to come in. The top US diplomat returns to Israel on Monday following a round of talks across the region aimed at heading off a widening of the Israel-Hamas conflict. The US also said it has held talks with Iran through back-channels - warning Tehran against escalating the conflict. Most Read from BloombergIsrael Latest: Blinken Confident Border Will be Opened...

In contrast to the stock-split frenzy of 2022 involving companies like Alphabet, Amazon, and Tesla, 2023 has seen relatively fewer stock splits. Chipotle Mexican Grill (NYSE: CMG), a fast-casual Mexican restaurant with over 3,250 locations, is one company that could benefit from a split as its stock is close to $1,800 per share. Let's explore the possible implications of a stock split and whether Chipotle might contemplate such a decision...

An Australian regulator has fined Elon Musk's social media platform X A$610,500 ($386,000) for failing to cooperate with a probe into anti-child abuse practices, a blow to a company that has struggled to keep advertisers amid complaints it is going soft on moderating content. The e-Safety Commission fined X, the platform Musk rebranded from Twitter, saying it failed to respond to questions including how long it took to respond to reports of child abuse material on the platform and the methods it used to detect it. Though small compared to the $44 billion Musk paid for the website in October 2022, the fine is a reputational hit for a company that has seen a continuous revenue decline as advertisers cut spending on a platform that has stopped most content moderation and reinstated thousands of banned accounts...