The failure of Silicon Valley Bank has shaken up the tech industry's upstarts.

The collapse of Silicon Valley Bank caused widespread panic in the technology sector, which had provided the bulk of the bank's revenue, and left many business owners in a state of debt relief debt relief gratitude to the government. The collapse of Silicon Valley Bank sent shockwaves through...

Swiss authorities monitor banks and insurers following the SVB bankruptcy.

Following the failures of Silicon Valley Bank and Signature Bank, the Swiss financial regulator FINMA announced on Monday that it would identify any potential contagion risks for the nation's banks and insurers.

Investors were unconvinced by the U.S. government's efforts to reas...

One year after the River Valley High School deaths, parents paying more attention to their children's mental health and less to their academic performance

In the past, Ms Elaine Tan's priority was helping her child achieve academic success.

Her main concern right now is seeing to it that her daughter is content and psychologically sound.

She has adopted a more lenient parenting style in the last year or so towards her daught...

Another healthcare supply deficit is hurting the Lehigh Valley. Some patients' tests have been rescheduled

Due to a global shortage of dye used in X-rays and CT scans, Lehigh Valley Health Network and St. Luke's University have decided to postpone some imaging treatments for their patients.

Intravenous imaging contrast, a dye used in imaging studies, is in short supply in hospitals and h...

Bill Gates' Breakthrough Energy Ventures funds on farming robots in Silicon Valley

Highlights

• A Silicon Valley startup is using robots to grow produce more sustainably
• The startup has raised US$50 million in a funding by Bill Gates' Breakthrough Energy Ventures

A Silicon Valley startup has raised US$50 million ...

Thousands are taking part in fighting in the Panjshir valley

Highlights

• Fighting still going on Panjshir valley
• Taliban has cut power, internet and phone lines in the valley

Panjshir valley was the final territory out of Taliban’s reach but fighting has been reported in Panjshir Valley i...

HITACHI LTD. TO BUY U.S GLOBALLOGIC INC. FOR $9.6 BILLION

Highlights –

• Hitachi Ltd. to buy U.S GlobalLogic Inc. for $9.6 billion.
• The acquisition is said to strengthen Hitachi’s digital operations in its wide range of business.
• Previously the deal was expected to close by end of July 2...

“I AM CONFIDENT THAT INDIAN PROFESSIONALS WILL CONTINUE TO BE WELCOMED IN US”: INDIAN AMBASSADOR

Highlights

• India’s Ambassador to the US Taranjit Singh Sandhu said India’s talent and strengths when combined with the US capital and expertise in IT and digital space has presented an ideal roadmap for the two economies

• Sandhu said “I am confid...

HIMACHAL VILLAGE BANS THE SALE AND PURCHASE OF LIQUOR

HIGHLIGHTS

• In a Himachal village, women have banned the sales and purchase of liquor.
• Violation of ban invites a fine of Rs. 1000.

In the Spiti Valley of Himachal Pradesh, the women from the Mahila Mandal of Khurik village have passe...

U.S. FACES A CENTURY OF STRATEGIC COMPETITION FROM ECONOMIES LIKE CHINA: SNAPCHAT CEO

Highlights

• Evan Spiegel said the US faces a century of strategic competition from economies that are growing at a rapid pace like China

• Spiegel launched this photo sharing app while studying at Stanford University and became one of the world’s youngest bill...

AUSTRALIA FRASER ISLAND NEARS ANOTHER BUSH FIRE INCIDENT, AUTHORITIES WARNS FOR EVACUATION

HIGHLIGHTS

• Firefighters in Queensland alarmed a huge bushfire may be dangerous to all lives as it moves towards the Fraser Island town of Happy Valley

Occupants were asked to leave due to tempestuous fire coming their way, which could have engu...

LG ELECTRONICS TO SET UP BUSINESS UNIT IN SILICON VALLEY ENVISIONING FUTURE GROWTH

• LG Electronics, a major MNC in South Korea manufacturing consumer goods said on Thursday that it will set up a new business unit in the United States to seek future growth visions.
• Addressed as LG's North American Innovation Center, it will touch base in Silicon Valley, in ...

APPLE ASKED TO PAY $503 MILLION FOR INFRINGING VPN TECHNOLOGY PATENTED BY VirnetX

Highlights

• According to the court documents, this legal tussle between Apple and VirnetX involved transmission security in the Apple devices such as iPhone, iPad and iPod Touch

• In reply to an AFP inquiry, Apple said that they thank jury for their time and appreci...

INDIAN NAVY TESTS TERRITORIAL WATERS WITH FRONTLINE WARSHIP

• The Indian Navy has clandestinely sailed one of its frontline warships to the South China Sea for the first time since the Galwan Valley clash with China in the eastern Ladakh Valley which left twenty Indian soldiers dead.
• The Indian warship, which was not identified directly, ...

TENSE AIR PREVAILS ON LAC AS CHINA ERECTS MISSILE SITES

• China is seen constructing two air defense positions that will cover the 2017 Doklam stand-off area and also Naku La in Sikkim, which had witnessed a standoff between Indian and Chinese soldiers this year as per new satellite imagery.
• The Chinese efforts to build air defen...

INDIA-CHINA CONFLICT: BEIJING WANTS INVESTIGATION OF GALWAN VALLEY CLASHES

Highlights

• The Chinese Foreign Minister-State Councillor has called India to conduct detailed investigation of the violent incident, that took place at Galwan Valley and punish the violators

• China has also demanded India to strictly discipline its front line troo...

CHINESE GOODS CIRCUMSPECT IN INDIA AFTER FATAL BORDER CLASH

• India and China are at loggerheads for causes stemming from the border clash at Galwan Valley, Eastern Ladakh in June in which 20 Indian soldiers lost their lives.
• Going forward, Chinese firms like Xiaomi are facing the heat with having approvals delayed from India's qualit...

INDIA-CHINA CONFLICT: INDIA CONFIDENT IN STANDING SOLO AGAINST CHINA SAYS EFSAS

According to a Europe-based think tank, after the violent clashes that took place between Indian and Chinese soldiers on June 15 at Galwan Valley region near the Line of Actual Control (LAC), India has showcased the confidence of standing alone against China in future border dispute despite the U...

VIVO EXITS IPL TITLE SPONSORSHIP AMIDST RISING INDO-SINO BORDER CONFLICTS

• VIVO, Chinese mobile tycoon edges out of the IPL cricket tourney to be held in U.A.E from Sept 19 to Nov 10, save some last minute lacunae that are being sort over by the Indian Government.
• VIVO has pulled out of IPL 2020 sponsorship amidst escalating tensions between both side...

SMART WORK: NOT A FAR-FETCHED REALITY ANYMORE

• With COVID-19 firmly rooting itself in the world precincts, there had come a time to test the ‘smart work’ ideology to the hilt.
• Thus it needs to be said that COVID-19 has changed the workplace landscape in South Korea with work from home becoming a reality.
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