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Twitter whistle-blower describes 'ticking bomb' of security gaps

Peiter Zatko, also known by his hacker name "Mudge," said Twitter was a decade behind necessary security upgrades, which he described as a "ticking bomb of security vulnerabilities

Twitter whistle-blower describes 'ticking bomb' of security gaps
Updated On : 13 Sep 2022 | 9:55 PM IST

Meta Platforms seeks out secrets from 132 companies to win antitrust suit

Meta's request is "overbroad and abusive," Snap said in court filings

Meta Platforms seeks out secrets from 132 companies to win antitrust suit
Updated On : 13 Sep 2022 | 9:34 PM IST

Jean-Luc Godard, French director of New Wave films, dies at 91

Godard's work, which influenced Hollywood directors such as Quentin Tarantino, Martin Scorsese and Robert Altman, included essays, documentaries and films about movie-making itself

Jean-Luc Godard, French director of New Wave films, dies at 91
Updated On : 13 Sep 2022 | 8:01 PM IST

Dwindling foreign exchange reserves spells risk for EM currencies

Thailand saw the biggest drop in reserves as a percentage of the gross domestic product, followed by Malaysia and India, according to data compiled by Bloomberg

Dwindling foreign exchange reserves spells risk for EM currencies
Updated On : 13 Sep 2022 | 12:40 PM IST

A soft landing is a more likely scenario for the global economy: JPMorgan

"Economic data and investor positioning are more important factors for risky asset performance than central bank rhetoric," the strategists wrote. "We maintain a pro-risk stance"

A soft landing is a more likely scenario for the global economy: JPMorgan
Updated On : 13 Sep 2022 | 11:08 AM IST

Evergrande's Hong Kong headquarters worth $1 bn taken over by a receiver

The property was used as security for HK$7.6 billion ($968 million) in loans made by parties including Citic Bank International in 2020, separate documents at the Companies Registry website show

Evergrande's Hong Kong headquarters worth $1 bn taken over by a receiver
Updated On : 13 Sep 2022 | 10:45 AM IST

RBI's expected soft landing for India means fast, if not fastest, growth

Economists see Reserve Bank of India Governor Shaktikanta Das and his monetary policy panel colleagues to begin dialing down the pace of interest-rate hikes this month

RBI's expected soft landing for India means fast, if not fastest, growth
Updated On : 13 Sep 2022 | 9:12 AM IST

Goldman to cut hundreds of jobs in its biggest layoff since the pandemic

The Wall Street titan plans to eliminate several hundred roles starting this month, according to people with knowledge of the matter

Goldman to cut hundreds of jobs in its biggest layoff since the pandemic
Updated On : 13 Sep 2022 | 8:38 AM IST

Asian countries spend big on fuel oil amid global gas shortage concerns

Japanese imports of the fuel, which can be used instead of natural gas to produce electricity, surged to a four-year high in August, and are set to stay high in the coming months

Asian countries spend big on fuel oil amid global gas shortage concerns
Updated On : 13 Sep 2022 | 8:25 AM IST

KKR seeks advisers to sell stake in Avendus Capital, says report

The private equity titan is close to appointing two banks to manage the formal process for the transaction, the people said, asking not to be named as the information is not public

KKR seeks advisers to sell stake in Avendus Capital, says report
Updated On : 12 Sep 2022 | 11:58 PM IST

Disney films series on 'Mahabharata' to gain stronger foothold in India

"Mythology has always been one of the most popular genres on Indian television," said Mihir Shah, the Mumbai-based vice president at consultancy Media Partners Asia.

Disney films series on 'Mahabharata' to gain stronger foothold in India
Updated On : 12 Sep 2022 | 11:21 PM IST

Global job market's rebound from Covid-19 pandemic is now at risk

Real wage growth has been under pressure since 2021-end and will continue to decline in many countries, according to an OECD report

Global job market's rebound from Covid-19 pandemic is now at risk
Updated On : 12 Sep 2022 | 11:18 PM IST

How a startup in Pakistan folded just a year after raising $85 million

Airlift started by operating vans and small buses used by office workers and students. When that business slowed during the pandemic, the company pivoted to quick commerce

How a startup in Pakistan folded just a year after raising $85 million
Updated On : 12 Sep 2022 | 11:03 PM IST

Bezos' Blue Origin rocket suffers failure seconds into uncrewed launch

No people were on board for Monday's flight, which was carrying a host of payloads, though a similar version of same vehicle is used to regularly take paying customers to the edge of space and back

Bezos' Blue Origin rocket suffers failure seconds into uncrewed launch
Updated On : 12 Sep 2022 | 10:54 PM IST

Investors left empty-handed in IndiGo block trade due to slippage

None of the investors lined up by the banks working on billionaire Rakesh Gangwal's sale of part of his family's stake in IndiGo got any shares in the block trade as a result of slippage

Investors left empty-handed in IndiGo block trade due to slippage
Updated On : 12 Sep 2022 | 10:35 PM IST

Goldman Sachs plans to cut several hundred jobs starting this month: Report

While the total number is less than some previous rounds, the reductions are a resumption of Goldman's annual culling cycle that it had largely paused during the pandemic.

Goldman Sachs plans to cut several hundred jobs starting this month: Report
Updated On : 12 Sep 2022 | 10:16 PM IST

India likely to offer $2.5 billion lifeline to cost-hit oil companies

The three biggest state-run retailers, which together supply more than 90% of India's petroleum fuels, have suffered the worst quarterly losses in years by absorbing record international crude prices

India likely to offer $2.5 billion lifeline to cost-hit oil companies
Updated On : 12 Sep 2022 | 5:47 PM IST

Govt plans Rs 20,000-cr aid to oil firms hit by soaring costs: Report

The oil ministry has sought a compensation of Rs 28,000 cr, but the finance ministry is agreeing to only about a Rs 20,000-cr cash payout, say sources

Govt plans Rs 20,000-cr aid to oil firms hit by soaring costs: Report
Updated On : 12 Sep 2022 | 4:49 PM IST

Putin will love seeing lots of western Europeans protest this fall

This fall, civil unrest is likely to heat up in 101 countries (out of 198 monitored), according to an index developed by Verisk Maplecroft, a research firm

Putin will love seeing lots of western Europeans protest this fall
Updated On : 12 Sep 2022 | 11:23 AM IST

Russian defenses crumble as Ukrainian forces retake key territory

Russia's Defense Minstry on Sunday published a map showing much of the country's forces out of the Kharkiv region, without commenting further

Russian defenses crumble as Ukrainian forces retake key territory
Updated On : 12 Sep 2022 | 11:16 AM IST