Morning Digest: May 9, 2023
Here’s a select list of stories to read before you start your day Source link
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Tag: U.S.
U.S. terms OPEC+ decision on oil production a ‘mistake’, says it has favoured Russia
The move of the OPEC and its allies to cut oil production is a “mistake” and a “short-sighted” decision that has favoured the Russians and the U.S. is going to re-evaluate its ties with Saudi Arabia, the White House has said. Members of the Organisation of the Petroleum Exporting Countries (OPEC) and their Russia-led allies […]
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Air India plans more flights to U.K., U.S.
Proposal to launch 20 additional flights per week to London, Birmingham and San Francisco Proposal to launch 20 additional flights per week to London, Birmingham and San Francisco Air India on Friday announced plans to launch 20 additional flights per week to London and Birmingham in the U.K. and San Francisco in the U.S. These […]
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TikTok inching toward U.S. security deal to avoid sale, reports NYT
TikTok has long faced scrutiny from U.S. lawmakers, who have questioned the Chinese-owned app’s safeguards of user data TikTok has long faced scrutiny from U.S. lawmakers, who have questioned the Chinese-owned app’s safeguards of user data U.S. lawmakers and TikTok are hammering out a plan, under which the short-form video app would make changes to […]
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U.S. signs deal with Google to make chips locally after NIST report
The deal comes just weeks after NIST released a report on challenges facing the U.S. chip industry. The report outlined challenges in measurement, standardisation, and modelling and simulation The deal comes just weeks after NIST released a report on challenges facing the U.S. chip industry. The report outlined challenges in measurement, standardisation, and modelling and […]
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India is ready for Apple’s satellite connectivity on iPhone 14
If Apple wants to go ahead with this feature in India, then it will have to partner with satellite internet providers like Hughes or OneWeb If Apple wants to go ahead with this feature in India, then it will have to partner with satellite internet providers like Hughes or OneWeb Apple on September 7 launched […]
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President Joe Biden’s curbs on chips to China part of broader effort
The U.S. notice to chipmakers could harm Chinese firms’ ability to carry out advanced work like image recognition and hamper Nvidia’s business in the country The U.S. notice to chipmakers could harm Chinese firms’ ability to carry out advanced work like image recognition and hamper Nvidia’s business in the country Chip designer Nvidia Corp. this […]
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U.S. federal prosecutors sought records on Binance CEO Changpeng Zhao for cryptocurrency money laundering probe
A series of Reuters articles this year revealed how Binance drove its explosive growth while keeping weak customer checks and withholding information from regulators A series of Reuters articles this year revealed how Binance drove its explosive growth while keeping weak customer checks and withholding information from regulators U.S. federal prosecutors asked Binance, the world’s […]
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Indian IT firms cut staff bonuses as U.S., European clients tighten budgets
Infosys told employees in an email seen by Reuters that the company was making “structured efforts” to improve performance, as it cut variable pay Infosys told employees in an email seen by Reuters that the company was making “structured efforts” to improve performance, as it cut variable pay India’s top IT services firms are freezing […]
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Celsius crypto lender, now bankrupt, sues ex-money manager over alleged theft
Celsius accused Jason Stone and his company KeyFi Inc. of “gross negligence” and “extraordinarily inept” crypto investing Celsius accused Jason Stone and his company KeyFi Inc. of “gross negligence” and “extraordinarily inept” crypto investing Celsius Network LLC. on Tuesday sued a former investment manager, accusing him of losing or stealing tens of millions of dollars […]
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