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What is Volt Typhoon, the alleged China-backed hacking group?

Nearly every country in the world uses hackers to gather intelligence. Major powers like the US and Russia have large stables of such groups - many of which have been given colourful nicknames by cybersecurity experts, like “Equation Group” or “Fancy Bear.”

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Acquirer of Silicon Valley Bank announces layoffs at the failed institution; no impact on team based in India

CEO Frank Holding said the move would only affect "select" corporate Silicon Valley Bank positions, adding that neither employees in customer-facing jobs, nor members of a team based in India, would be impacted.

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Twitter crashes during Ron DeSantis US presidential run announcement

Twitter outages have been more numerous under Musk's ownership. In March, thousands of users reported problems accessing links posted on the platform.

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Nvidia's results spark nearly $300 billion rally in AI stocks

Nvidia forecast quarterly revenue more than 50% above Wall Street estimates, with Chief Executive Officer Jensen Huang saying in a statement the company is "significantly increasing our supply to meet surging demand" for its data center chips.

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Facebook owner Meta slashes business teams in final round of layoffs

Dozens of employees working in teams such as marketing, site security, enterprise engineering, program management, content strategy and corporate communications took to LinkedIn to announce that they were laid off.

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Tatas eye bigger play in electronics, semicon manufacturing; Matrix closes largest India fund at $550 million

Ahead of its possible foray into the semiconductor space, Tata Group is scouting land near its electronics manufacturing facility in Tamil Nadu to expand operations, sources told us. This and more in today’s ETtech Morning Dispatch.

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Matrix logs in largest India fund at $550 million to help retain ownership in companies for longer

Matrix Partners began deploying its fourth India dedicated fund, originally intended to close at $450 million in size, a year ago, and has since backed 18-20 companies from the pool of capital.

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Yellow.ai deploys 30% of global generative AI bots domestically

While markets like the US are mostly using GenAI for customer support in a bid to cut costs, India Inc. is using them as an opportunity to g...