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DeepSeek limits signups for AI chatbot amid malicious attack claims

The Chinese startup claims that its system had been targeted with large-scale malicious attacks. The startup's status page also shows problems with its API earlier in the day and on Sunday

DeepSeek limits signups for AI chatbot amid malicious attack claims
Updated On : 27 Jan 2025 | 10:37 PM IST

Bain Capital backed 360 One WAM to acquire B-K Securities for $205 million

The number of individuals with more than $30 million of assets is expected to grow by 50% between 2023 and 2028, according to a Knight Frank wealth report

Bain Capital backed 360 One WAM to acquire B-K Securities for $205 million
Updated On : 27 Jan 2025 | 9:48 PM IST

Nvidia's $465 bn plunge triggered by DeepSeek, largest in market history

The S&P 500 fell as much as 2.3 per cent early Monday and the Nasdaq 100 tumbled as much as 3.6 per cent before paring the drop

Nvidia's $465 bn plunge triggered by DeepSeek, largest in market history
Updated On : 27 Jan 2025 | 9:38 PM IST

JPMorgan names Nitin Maheshwari, Ravi Shankar as co-heads of India bank

Newly-appointed co-heads of investment banking for India will report to Paul Uren, head of investment banking for Asia Pacific, and to Kaustubh Kulkarni, senior country officer for JPMorgan in India

JPMorgan names Nitin Maheshwari, Ravi Shankar as co-heads of India bank
Updated On : 27 Jan 2025 | 2:22 PM IST

Now hiring: Musk's govt efficiency dept sets up site to recruit full-time

The site appeared to go live on Sunday afternoon, days after President Donald Trump took office and signed an executive order officially creating the organisation

Now hiring: Musk's govt efficiency dept sets up site to recruit full-time
Updated On : 27 Jan 2025 | 11:06 AM IST

New wealth in making: Trump's billionaires take the great leap forward

Trump said Saudi Arabia's Crown Prince Mohammed Bin Salman can "round out" the $600 billion he had promised in additional investments and trade with the US in the coming four years to- $1 trillion

New wealth in making: Trump's billionaires take the great leap forward
Updated On : 27 Jan 2025 | 9:27 AM IST

Ice-sheets to fresh water: Greenland's icebergs can't quench Earth's thirst

Polar Research and Policy Initiative said that US might have a future as an exporter of fresh water, thanks to an ice sheet that contains about 8 per cent of the total global reserves

Ice-sheets to fresh water: Greenland's icebergs can't quench Earth's thirst
Updated On : 27 Jan 2025 | 9:17 AM IST

Trump's second week tests his hold over Congress for agenda, cabinet picks

Facing him this week are talks to shape his tax and immigration bills and getting more cabinet nominees confirmed in the Senate

Trump's second week tests his hold over Congress for agenda, cabinet picks
Updated On : 27 Jan 2025 | 9:07 AM IST

China boosts index investments in latest measure to revive market

The government aims to achieve a significant increase in the scale and proportion of index investment in the capital market through efforts over a period of time

China boosts index investments in latest measure to revive market
Updated On : 26 Jan 2025 | 11:21 PM IST

China's rising power demand hinders climate goals as coal usage increases

But that hasn't happened so far, in large part because the nation's energy demand is growing unprecedentedly fast, requiring ever more coal to be burned. Electricity use grew 6.8 per cent last year

China's rising power demand hinders climate goals as coal usage increases
Updated On : 26 Jan 2025 | 11:16 PM IST

Marco Rubio stresses 'America First' in call with China's FM Wang Yi

Rubio emphasized to Wang that the new US administration would pursue a relationship with China that 'advances US interests and puts the American people first'

Marco Rubio stresses 'America First' in call with China's FM Wang Yi
Updated On : 25 Jan 2025 | 2:03 PM IST

Donald Trump revives push for immunity against US Capitol attack lawsuits

Trump's lawyers argued in the latest brief that he only had to clear a 'low bar' of showing that his actions after the 2020 election could be 'reasonably' understood as official conduct

Donald Trump revives push for immunity against US Capitol attack lawsuits
Updated On : 25 Jan 2025 | 9:49 AM IST

Hegseth gets Senate nod, becomes defence secretary in a bow to Trump

Move by the Republican-controlled Senate was a testament to Trump's ability to maneuver his narrow control of Congress, as lawmakers voted 51-50 to back Hegseth

Hegseth gets Senate nod, becomes defence secretary in a bow to Trump
Updated On : 25 Jan 2025 | 9:13 AM IST

Banks led by Morgan Stanley prepare to sell around $3 bn of X buyout debt

Bankers have contacted a small group of investors to assess their interest in buying chunks of at least $250 million at a discounted price in the range of 90 to 95 cents on the dollar

Banks led by Morgan Stanley prepare to sell around $3 bn of X buyout debt
Updated On : 25 Jan 2025 | 6:47 AM IST

Starbucks CEO Brian Niccol makes $96 mn in first four months on the job

Niccol's annual pay package is likely to be valued at about $113 million at the time of his hiring, with a large part tied to equity to replace awards from his prior employer that he had to relinquish

Starbucks CEO Brian Niccol makes $96 mn in first four months on the job
Updated On : 25 Jan 2025 | 6:38 AM IST

Donald Trump deploys military force as he launches crackdown on migrants

Defense Department said at least four military planes will also be used to help carry out deportations of about 5,000 detained migrants from El Paso and San Diego

Donald Trump deploys military force as he launches crackdown on migrants
Updated On : 25 Jan 2025 | 6:32 AM IST

US Prez Donald Trump flexes tariff threat as 'big power' over China

The president had praise for Kim, saying the North Korean leader "happens to be a smart guy" and isn't a "religious zealot" like the leaders of Iran. Trump said he plans to reach out to Kim

US Prez Donald Trump flexes tariff threat  as 'big power' over China
Updated On : 24 Jan 2025 | 10:31 PM IST

On immigration, India has good reason to help shore up Donald Trump's wall

US leaders might be surprised at how unbothered most Indians or even Indian Americans are likely to be about the proposed repatriations

On immigration, India has good reason to help shore up Donald Trump's wall
Updated On : 24 Jan 2025 | 9:05 AM IST

Trump's Cabinet picks: Where do they stand in confirmation process

It's been slow going in the procedure-heavy Senate since Monday's inauguration, with only two of Trump's top picks- Secretary of State Marco Rubio and CIA Director John Ratcliffe- confirmed

Trump's Cabinet picks: Where do they stand in confirmation process
Updated On : 24 Jan 2025 | 8:56 AM IST

I know interest rates better than Fed chief Jerome Powell, says Trump

Trump's comments came hours after he delivered a video address to the world's elite at the World Economic Forum in Davos, Switzerland, where he called for an immediate drop in interest rates

I know interest rates better than Fed chief Jerome Powell, says Trump
Updated On : 24 Jan 2025 | 8:43 AM IST