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Parent Company of Silicon Valley Bank Files for Chapter 11 Bankruptcy

The parent company of the government-intervened California-based Silicon Valley Bank is filing for Chapter 11 bankruptcy today as it continues…

Alejandro Arrieche
March 17, 2023
Business Articles

Banking Crisis – TrueUSD Stablecoin Shifts $1 billion to the Bahamas, Who Else Will Leave US?

In the wake of crypto-friendly banks collapsing in the United States, digital asset firms are increasingly looking for offshore account…

Trent Alan
March 16, 2023
Business Articles

Microsoft Reveals New AI Tools for its Productivity Software Office 365

Microsoft is revealing today in a widely-awaited event an AI tool called “Copilot” that will be integrated into its flagship…

Alejandro Arrieche
March 16, 2023
Business Articles

Stripe Raises $6.5 Billion in Latest Funding Round But Valuation Slips to $50 Billion

Stripe, an American company founded by Irish entrepreneur brothers John and Patrick Collison, has reportedly raised $6.5 billion (€6.15 billion)…

John Isige
March 16, 2023
Business Articles

Is Meta Pivoting From the Metaverse to AI in Admission of Huge Strategic Error?

Meta, the parent company of Facebook, Whatsapp, and Instagram, appears to be digressing toward artificial intelligence (AI). Experts in the…

John Isige
March 15, 2023
Business Articles

Finding Compatible EV Charging Stations is a Problem and Waze is Trying to Fix That

Google-owned navigation app Waze is rolling out a new feature that will allow EV owners to find compatible charging stations.…

Ruholamin Haqshanas
March 15, 2023
Business Articles

Could the SVB Debacle Spill Over Into the US Economy? Experts Weigh In

US stocks have whipsawed amid the crisis at regional banks - while a section of the market believes that the…

Mohit Oberoi
March 15, 2023
Business Articles

Duolingo Adds GPT-4-Powered AI Tool to its App for Premium Subscribers

Duolingo, the mobile application that teaches users foreign languages, is launching a new subscription tier that incorporates the new AI…

Alejandro Arrieche
March 15, 2023
Business Articles

SXSW Tech Festival Gets A Serving of ‘John Wick: Chapter 4’ And Keanu Reeves to Ease Bank Crisis Worries

The South by Southwest (SXSW) Film & TV Festival held annually in Austin, Texas on Monday aired the premier of…

John Isige
March 14, 2023
Business Articles

Volkswagen Scales Up EV Investment amid Rising Competition

European automotive giant Volkswagen has announced a massive 180 billion euros ($192.6 billion) investment over the next five years as…

Mohit Oberoi
March 14, 2023
Business Articles

Arrival Faces ‘Going Concern’ Risk Despite $300 Million Funding

British EV (electric vehicle) startup Arrival (NYSE: ARVL) has received $300 million in funding from Westwood Capital which would help…

Mohit Oberoi
March 14, 2023
Business Articles

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