Bank of America Hit With $1.2 Bn Fine Over Anti-Money Laundering Failures
Bank of America has been fined more than $1.2 billion by the US Treasury Department over...
Bumble to Go Private in $1.3 Bn Deal With Ithaca Holdings as Dating App Struggles
Bumble is set to go private in a $1.3 billion deal with Ithaca Holdings, as the...
India Plans Dedicated Data Centre Policy Amid Power Cost Concerns
India is preparing a dedicated policy for data centres as the government seeks to balance the...
Mobile Phone Sales Plunge to 14-Year Low as Memory Shortage Drives Prices Higher
The global smartphone market is facing a major slowdown as mobile phone sales fall to their...
Meta Launches Muse Wonder AI Model With $20 and $100 Monthly Subscriptions
Meta has introduced Muse Wonder, its latest artificial intelligence (AI) model, positioning it as the company's...
Sarvam AI in Talks to Raise $300 Mn at $3 Bn Valuation
Indian artificial intelligence startup Sarvam AI is reportedly in talks to raise $250 million to $300...
OpenAI May Bring Back Sora Through Hollywood Startup for Professional Filmmakers
OpenAI’s Sora video generation technology could be making a comeback, but not necessarily for everyday users....
Hackers Turn Supermarket Fridges Up to 122 Degrees, Forcing Stores to Throw Away Food
Cyberattacks are increasingly moving beyond computers and digital data, targeting the physical systems businesses depend on...
Facebook Faces Potential $219 Bn Penalty After New Mexico Jury Verdict
Facebook could face billions of dollars in civil penalties after a New Mexico jury found that...
Navi in Talks to Raise $40 Mn From Elevation at $1.5 Bn Valuation
Navi, the fintech startup led by Flipkart co-founder Sachin Bansal, is in advanced discussions to raise...