Startup-focused lender SVB Financial Group became the largest bank to fail since the 2008 financial crisis on Friday, in a sudden collapse that roiled global markets, left billions of dollars belonging to companies and investors stranded. California banking regulators closed the bank, which did business as Silicon Valley Bank, on Friday and appointed the Federal […]
Search results for "IT"
Telecoms companies guard their customer information very carefully, and quite rightly so. Strict data privacy rules, such as General Data Protection Regulation (GDPR), have reinforced the requirement to have tight controls over how information is stored, governed and used. Often, data is kept not just within the company but sometimes locked within individual departments. The […]
Hear from MS3 Networks’ female leaders this International Women’s Day According to techUK, just 8.5 per cent of senior technology leaders in the UK are from minority ethnic groups, and only 16 per cent of IT professionals are female. As we celebrate International Women’s Day (IWD) on 8 March, 2023, Hull-based fibre network operator, MS3 […]
Suppliers to Dutch chip-making machines giant ASML Holding NV are considering building plants in Southeast Asia instead of China amid political tensions between Beijing and the West, according to two sources and documents seen by Reuters. Officials from a dozen tech companies are set to visit Vietnam, Malaysia and Singapore next week, according to a […]
Santa Clara, California, February 20, 2023 IoT enthusiasts and senior professionals from all around the world will gather at the iconic Levi’s Stadium for an exclusive networking event during the upcoming IoT Tech Expo North America. NETWORKIKNG PARTY DETAILS The party will take place on the evening of the 17th May, following the first day […]
India could become a key supplier of electronic parts and hardware for the United States, U.S. Commerce Secretary Gina Raimondo said on Friday, adding that Washington was not seeking a “technological decoupling” from China. Raimondo’s visit to New Delhi comes amid increasingly tight U.S. export restrictions on chipmaking technology to China which Washington says are […]
Main Street investors are facing off against Wall Street in an attempt to sway the U.S. Securities and Exchange Commission in its proposed revamp of stock trading. Individuals coordinating online have flooded the SEC with more than 1,300 comment letters, mostly voicing their support, on rules the regulator proposed in December that represent the biggest […]
China’s rubber-stamp parliament, the National People’s Congress (NPC), wraps up on Monday, capping what is expected to be the biggest government reshuffle in a decade after setting a modest target for annual economic growth. Coming months after President Xi Jinping secured a norm-breaking third term as supreme leader, the sessions will further consolidate his authority […]
A dramatic sell-off in U.S. bank stocks spilled over into Europe on Friday, as some of the region’s biggest banks saw their shares tumble in their largest decline in nine months. Europe’s STOXX banking index fell more than 4% and was set for its biggest one-day slide since early June, with declines for most major […]
It’s crunch time at Tesla Inc, where Elon Musk is looking to crack the code for making better, cheaper batteries. The electric-vehicle maker is recruiting Chinese and Korean materials suppliers to help lower the cost and boost the energy of its newest battery cells, even as the company struggles with battery-related performance and production issues […]