In brief According to the court-appointed trustee in the Synapse bankruptcy, there is an $85 million shortfall between the funds held by partner banks of […]
Author: techsunnews.com
Microsoft claims AI screenshot capture on new PCs will be off by default
Sonali Ray, reporter In brief Security researchers expressed concern that the Recall feature for Copilot+ AI PCs, which Microsoft announced, could potentially expose user data […]
U.S. Credit Suisse investors sue Switzerland over $17 billion AT1 debt writedown
Anamika Dey, editor In brief A group of bondholders has filed a lawsuit against the Swiss government, seeking full compensation for the decision to write […]
U.S. antitrust regulators to investigate Nvidia, Microsoft, OpenAI
Nandini Roy Choudhary, writer In brief According to a source who spoke with CNBC, the Federal Trade Commission and the Justice Department plan to launch […]
Commerce Secretary Raimondo states that Indo-Pacific economic engagement is not about China
Anamika Dey, Editor In brief About two years ago, President Joe Biden created the 14-country Indo-Pacific Economic Framework for Prosperity. Raimondo said a very “active” […]
Amanda Knox reconvicted of defamation in Meredith Kercher murder case
Anamika Dey, Editor Florence, Italy— An Italian court reconvicted Amanda Knox of defamation for accusing an innocent man of her roommate’s 2007 murder on Wednesday. […]
TSMC-backed Vanguard and NXP to build $7.8 billion Singapore wafer manufacturing plant
A productive morning Nandini Roy Choudhary, writer In brief VisionPower Semiconductor Manufacturing Company will be a joint partnership between Vanguard and NXP. Vanguard will own […]
Salesforce to open London AI centre as part of $4 billion UK investment
Its a beautiful morning Nandini Roy Choudhary, writer In brief Salesforce announced on Thursday that it will establish its inaugural artificial intelligence centre in the […]
Warren Buffett’s Energy Gang Extracts Lithium
On Tuesday, Buffett’s Berkshire Hathaway Energy and Occidental Petroleum (OXY) established a lithium extraction joint venture from geothermal electricity production. OXY fell early Tuesday. Occidental […]
Jeep forecasts 50% plug-in hybrid SUV sales growth in 2024
Rohit Baniwal, reporter In brief Jeep CEO Antonio Filosa told CNBC that Jeep plans to sell 160,000 to 170,000 PHEVs in the U.S. this year, […]