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Bankrupt Three Arrows' liquidators seek $1.3 billion from fund's founders

Three Arrows was the first major crypto firm to go bankrupt in 2022, brought down by the collapse of cryptocurrencies Luna and TerraUSD in May. It filed for bankruptcy in the British Virgin Islands in late June.

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Fidelity preparing to submit spot bitcoin ETF filing: report

The filings have been viewed as a vote of confidence for the crypto space, reigniting some retail interest in the industry which had felt renewed pressure after Binance and Coinbase Global, two of the biggest crypto exchanges, came under fire from the U.S. Securities and Exchange Commission.

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Still hiring: Big Tech layoffs give other sectors in the US an opening

Federal, state and local government tech job postings in the US soared 48% in the first three months of 2023 compared to the same period last year, according to an analysis by tech trade group CompTIA of data from Lightcast, a labor analytics firm.

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Amazon plans Prime Day for India later next month amid slowing ecommerce sales

Etailer briefs merchants on keeping inventory, deals in the pipeline.

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US Supreme Court spurns Apple-Broadcom challenge to Caltech patents

The justices turned away an appeal by Apple and Broadcom of a lower court's ruling affirming a trial judge's decision to prevent the companies from contesting the validity of the patents as they defended against the California Institute of Technology's lawsuit.

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Tech Mahindra CEO CP Gurnani earns 50% less in FY23: annual report

Gurnani, who is set to retire in December, earned Rs 25.6 crore from employee stock option plans (ESOP) during the last fiscal year compared with Rs 58.8 crore in FY22.

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Infosys enters into $454-million deal with Danske Bank

The deal is valued at $454 million for a period of 5 years with an option to renew for one additional year for a maximum of three times, Infosys said in a statement.

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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...