Silicon Valley bank (SVB) executive, Jospeph Gentile, was a former executive of the Lehman Brothers' Global Investment Bank prior to the bank's public collapse in 2008, the media reported. ...
As the collapse of Silicon Valley Bank (SVB) in the US left the Indian startup ecosystem worried, Union Minister of State for Electronics and IT, Rajeev Chandrasekhar, on Sunday said he will hold a meeting with the startup Founders and CEOs next week to see how the government can help them during the crisis. ...
US-based technology startup accelerator Y Combinator, which has invested in thousands of startups, including at least 200 from India, has written a petition to US Treasury Secretary Janet Yellen and others, asking them to prevent further shockwaves that could lead to financial crisis and layoffs of more than 100,000 worke...
While only 49.8 per cent of rural households use clean fuel as a primary source of energy for cooking, the latest government data disclosed that there are many states, including Chhattisgarh, Rajasthan, Madhya Pradesh and Jharkhand where even less than 30 per cent of the households in rural areas use clean fuel for cooking....
Twitter CEO Elon Musk on Sunday mocked Meta for planning to launch a dedicated Twitter-like social media application and called it "copy cat"....
The Board of Tech Mahindra, a leading provider of digital transformation, consulting and business re-engineering services and solutions, on Saturday announced Mohit Joshi as the MD and CEO designate of Tech Mahindra....
US regulators have shut down Silicon Valley Bank (SVB) and taken control of its customer deposits in the largest failure of an American bank since 2008....
Meta (formerly Facebook) looks all set to lay off another 13 per cent, or roughly 11,000 jobs, in its second round of job cuts and the first wave is likely to start next week that will hit non-engineering roles hard. ...
Microsoft has conducted a third round of job cuts that impacted employees in roles related to supply chain, Artificial Intelligence (AI) and Internet of Things (IoT)....
Ford Motor has issued a recall notice for 18 electric F-150 Lightning pickup trucks with faulty battery cells that caused at least one truck to catch fire....
