Turmoil in the banking sector in America, now Signature Bank of New York is also closed

Bank sector upheaval is not abating in the United States. A second bank has been locked after Silicon Valley Bank (SVB).

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On Sunday, state officials also closed the New York-based Signature Bank. Due to the risk associated with the cryptocurrencies this bank had on hand, it was decided to keep this regional New York bank closed for some time. As a result, it was the third-largest banking failure in US history.

The closure of Silicon Valley Bank on Friday was followed by news of the demise of Signature Bank. Following the catastrophe at Washington Mutual during the 2008 recession, it was the second-largest banking collapse in US history.

Microsoft continues a third round of layoffs including employees in supply chain, cloud, IoT biz

A third round of layoffs at Microsoft affected workers in positions connected to the supply chain, artificial intelligence (AI), and the internet of things (IoT).

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The third round of layoffs, according to CRN, is a component of the 10,000 job reduction announced by Microsoft earlier this year.

According to the report, which cited the corporation, job losses occurred at different levels, functions, teams, and geographical locations.

According to Washington state records, the software firm informed its home state on Monday that 689 of its employees had been permanently laid off. Microsoft’s offices in Redmond, Bellevue, and Issaquah are affected by the layoffs.

Oyo founder Ritesh Agarwal’s father Ramesh Agarwal dies after falling from Gurgaon high-rise

Ramesh Agarwal, the father of Oyo Rooms founder Ritesh Agarwal, passed away this afternoon in Gurugram, Haryana, after falling from a building, according to the police. At about 1 pm, they learned via DLF security that someone had fallen from the 20th floor of DLF’s The Crest society in Gurugram’s sector 54.

For medical attention, he was brought to Paras Hospital. A team and SHO sector 53 went to the scene of the incident. Ramesh Parsad Agarwal was identified as the fallen person during an inspection of the scene of the incident. According to police, he died at Paras Hospital.

Senior Congress leader and former Union Minister E.V.K.S. Elangovan took oath as MLA on Friday

After winning the by-election by a majority, veteran Congress leader and former Union Minister E.V.K.S. Elangovan were sworn in as the Erode East MLA today. According to a news source, M. Appavu, Speaker of the Tamil Nadu Assembly, administered the oath of office.

After his son passed away, the by-election was forced in Erode East. He suffered a heart arrest on January 4 and passed away. In the Erode East by-election, Elangovan defeated K.S. Thennarasu of the AIADMK by a margin of 66,087 votes.

PM Narendra Modi met Prime Minister of Australia Anthony Albanese at Hyderabad House

The Australian Prime Minister Anthony Albanese is on a tour of India from Wednesday (March 8) until tomorrow (March 11). At Hyderabad House, Prime Minister Narendra Modi met with Australian Prime Minister Anthony Albanese.

PM Anthony is visiting India for the first time since the Labor Party took power in Australia. The Indian Ministry of Foreign Affairs stated that his visit would further strengthen the two nations’ bilateral ties.

Australia’s Prime Minister Tony has referred to the two countries as partners. The Prime Minister received me warmly, he said. India and Australia are close friends and business partners, and we work to further our friendship every day.

Cyber security company Acronis breached and data leaked; Company denied

Acronis, a leading provider of cyber security solutions, has reportedly been breached, and that data has been exposed on a Dark Web forum.

UPDATED NEWS

The claims by an unidentified hacker that they had broken into Acronis and released data taken from the digital security company on a dark-web forum were posted by FalconFeedsio on Twitter.

The information includes certificate files, command logs, system configurations, and file system archives, according to Falcon’s tweet. The hacker who first claimed credit for the attack and identified the putative victim in their original dark-web post was shared by the threat watcher.

DuckDuckGo also joins the AI search engine race with DuckAssist

DuckDuckGo, a privacy-focused search engine, has joined Microsoft and Google as the newest seasoned search player to dip its beak in the generative AI trend.

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Today, DuckDuckGo launched DuckAssist, an AI-powered summarization feature that responds directly to users’ simple searches.

Using Wikipedia and other reference sites that it uses to source answers, DDG claims that its natural language summarization capability is powered by natural language technology from ChatGPT creator OpenAI and Anthropic, an AI startup founded by former OpenAI employees.

At the moment, DuckAssist is only accessible through DDG’s apps and browser extensions, but the business claims it hopes to make it available to all users of search in the upcoming weeks.

The beta feature can be accessed without logging in and is available for free. Right now, it’s only offered in English.

WhatsApp is rolling out a new “Push name within the chat list” feature in iOS beta

A new “Push name within the chat list” feature for WhatsApp, a messaging service owned by Meta, is currently rolling out in iOS beta.

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When a message from an unknown group member is received, beta testers will now display push names in the chat list instead of just phone numbers, according to WABetainfo.

Users won’t need to save the number as a new contact because of this functionality, making it simpler to identify unfamiliar connections. Large group chat participants may find it helpful to keep track of who is who in such chats.

Amitabh Bachchan injured during the shooting of ‘Project K’ in Hyderabad; informed about the accident on his blog

Amitabh Bachchan‘s fans and followers have dreadful news. Big B had a major injury while being shot for a movie in Hyderabad.

Amitabh was shooting an action scene for the movie “Project K” when the tragedy happened. After the accident, the film’s filming was halted. After receiving treatment in Hyderabad, the actor has now returned to his home in Mumbai.

On his blog, he informed his readers of this knowledge. The seasoned actor said on the block that he is experiencing excruciating physical discomfort and is resting as prescribed by his doctors.

Amitabh Bachchan Blog

China-based DJI halts production of drone-detection system “Aeroscope”

The commercial drone manufacturer DJI, based in China, has stopped manufacturing its “AeroScope” drone-detection system after it was alleged that it assisted the Russian government in targeting and harming Ukrainian drone pilots.

Currently, a pop-up on Aeroscope’s product page states that it is no longer available. It is yet unknown whether current AeroScope devices would lose functionality or if the platform will be permanently discontinued because the company hasn’t made the product’s closure official.

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