Credit Suisse tapped billions in liquidity last weekend: Swiss FM
Credit Suisse, one of Switzerland’s largest banks, has reportedly taken out a multi-billion-dollar loan from the Swiss National Bank to
Read more
Business News
Ford sees EV unit as a startup, expects it will lose $3 bn this yr
In a recent announcement, Ford Motor has revealed that its electric vehicle (EV) business has incurred a pretax loss of
Read more
Mozilla invests $30 mn to launch startup building ‘trustworthy AI’
Mozilla, the company behind the popular web browser Firefox, has announced the launch of a new startup called ‘Mozilla.ai’. The
Read more
US’ Andreessen Horowitz invests in AI chatbot Character.AI
Artificial Intelligence (AI) chatbot startup Character.AI has caught the attention of Silicon Valley venture capital firm, Andreessen Horowitz. The startup,
Read more
Jack Dorsey loses $526 mn after short-seller Hindenburg releases report on Block
The co-founder of Block, Jack Dorsey, suffered a huge blow to his net worth after Hindenburg Research released a report
Read more