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...

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...

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...

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...

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.
<...

HOW EMPTY TECH OFFICES SHUTTERED TO FLATTEN THE CURVE

• Long before the U.S. President Trump exercised a stay-home option to counter the COVID-19 virus, many tech companies including APPLE, Inc., Salesforce, Inc., and many other companies had closed shop.
• Small companies which don’t get written about or mentioned in tabloids o...

DOPAMINE FASTING – THE HOTTEST TREND IN THE SILICON VALLEY

Highlights:

-Dopamine fasting is trending in Silicon Valley.

-Silicon Valley people are taking small frequent breaks from pleasure providing activities.

-It is the best practice to put your mind to rest for some time.

Dopam...

This tech startup raised $45 million for product managers to make life easier

Now he operates one of the most buzzi tech startups in Silicon Valley. Yet four years ago, Hubert Palan, CEO of the productboard, couldn't even persuade his own mother that his business would be working out. "She has always been my biggest supporter," says Palan. "But she was l...

The largest food bank, Second Harvest Food Bank, announcing its rebranding.

The current trend of food banks is focused on the efforts of the former businessman John Van Hengel, who started to work at a soup kitchen in Phoenix, Arizona, in the late 1960s. There was a mistake. In 1976, John van Hengel's Food Bank received a grant from the Federal Government to help est...

Tesla started delivering Model 3 electric cars installed in its Shanghai factory in just under a year

Tesla has started delivering Model 3 electric cars installed in its Shanghai factory in just under a year since it started working on the $2 billion plant, a milestone for China's global automakers, and said it would ramp up deliveries next month.

The U.S. electric vehicle company m...

Deloitte's 2019 Tech Fast 500 makes effective use of technology. How?

The international network for professional services is Deloitte Touche Tohmatsu Limited, usually known as Deloitte. Deloitte is one of the big four companies and the largest network of professional services in the world, with its sales and professional figures. According to the website of the fir...

Currency risks? US corporates yawn

Excessive currency movements can inject lightness in incomes for multinational firms.

Muted gyrations in foreign trade markets have turned corporations contented about hedging currency risks, and as the third-quarter profits season gets underway, investors should brace ...

This Italian Fitness Company Is Like Peloton, but Profitable

Italian fitness-equipment maker Technogym has become a valued like a Silicon Valley technology start-up because it prepares to stream on-line fitness categories through digital platforms on its machines.
The Milan-listed firm was born within the wrong era as an old-school manufacturer, its...

UCLA is going to increase their data science use in the field of social sciences

Under the leadership of Dean Darnell Hunt, faculty in the Division of Social Sciences in the UCLA College are focused on building a big data infrastructure that will prepare students for data science degrees and careers. The division recently gained its first corporate philanthropic partner in th...