SVB claims Goldman Sachs purchased the portfolio on which it took losses.
SVB Financial Group disclosed on Tuesday that the Goldman Sachs Group Corporation bought a bond holdings that resulted in it...
Credit Suisse shares hit a new low as the European banking sector struggles.
Credit Suisse's shares dropped to a fresh historic low on Wednesday, exerting pressure on the wider economy as well as...
Microsoft Connected Tens of Thousands of Chips in an Expensive Supercomputer for OpenAI
When Microsoft Corp. engaged $1 billion in OpenAI in 2019, it consented to constructing the artificially intelligent studies new company...
Musk and China’s BYD deny reports that Tesla is discontinuing battery supply cooperation.
Elon Musk, Chief operating officer of Tesla Corporation, as well as BYD Â Company limited, a Chinese electric car as well...
Amazon Web Services receives a tax demand notice from the Income Tax Department.
The taxation department has approved a Rs 549 percent of the total tax summons to Amazon's corporation Amazon Web Service...
UK is investigating TikTok because they ‘want to make sure phones are not spyware,’ according to a security minister.
Security Minister Tom Tugendhat just said that the UK is undertaking a "essential" research through into Chinese social media software...
The third round of layoffs affects employees in the supply chain, cloud, and IoT industries.
Microsoft has performed a third cycle job cuts, affecting employees in distribution chain, machine intelligence (AI), and Internet of Things...
SVB CEO sold $3.6 million in stock days before bank failure; removed from San Francisco Fed Board of Directors
CEO Greg Becker of Silicon Valley Financial institution sold $3.6 million of equity securities underneath a trading platform less than...
Elon Musk exercises his option to purchase 10,500 Tesla shares.
Elon Musk, the CEO of Tesla, has exerted choices to purchase 10,500 shareholdings of the electric car producer, based on...
Meta, the parent company of Facebook, is planning new layoffs that could equal last year’s total.
As according to individuals familiar with the matter, Facebook-parent Meta Systems is intending supplemental job cuts to also be confirmed...
