Category: Specialized & Regional
Specialized & Regional Networks
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US Supreme Court rejects Tata challenge to $168 million award in trade secrets case
WASHINGTON, June 15 : The U.S. Supreme Court turned away on Monday a bid by India-based Tata Consultancy Services to overturn a $168 million award won against it by DXC Technology for allegedly stealing trade secrets related to life-insurance software.Tata had appealed after a lower court upheld a judge’s dec
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India’s HCLTech to buy 10.5% stake in Sarvam AI, valuing startup at $1.5 billion
June 15 : India’s HCLTech said on Monday it will acquire a 10.5 per cent stake in domestic generative AI startup Sarvam AI for 14.27 billion rupees ($150.7 million) in cash, leading the firm’s Series B round as a strategic investor.Sarvam was valued at $1.5 billion in the round, which raised $234 million in i
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Apple supplier Jabil, Adani partner to build AI data center infra platform in India
June 15 : Electronics manufacturer Jabil and India’s Adani Enterprises on Monday announced a partnership to build an integrated AI and data center infrastructure manufacturing platform in the country.• The platform will serve the infrastructure needs of global hyperscalers, co-location facilities and enterp
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Spanish striker Rafa Mir sentenced to 8 1/2 years in jail for sexual assault
MADRID, June 15 : Spanish footballer Rafa Mir has been sentenced to eight-and-a-half years in prison after being found guilty of committing sexual assault and assault causing injury, a court in the eastern Valencia region ruled on Monday.Women’s rights have become a highly sensitive national topic in Spain, e
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SpaceX IPO raises total of $85.7 billion as underwriters exercise ‘greenshoe’ overallotment option
Elon Musk’s space and artificial intelligence company raised an initial $75 billion on Thursday.
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We’re adding to our position in a consumer bank that benefits from lower oil prices
Concerns about consumer credit have weighed on this stock since the Iran war began.
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Warsh’s Fed is likely to hold rates steady — what the leadership change could mean for your money
The Federal Reserve’s June meeting, the first helmed by new Fed Chair Kevin Warsh, may impact many consumer borrowing and savings rates down the road.
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Lavender Provence farmers forced to raise laying hens to keep their activity going
The emblem of Provence, which attracts thousands of tourists every year, isn’t as profitable as before. Lavender has become a burden for many farmers who are operating at a loss and choose to diversify to survive. #EuropeNews
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Salesforce to buy AI customer service platform Fin for $3.6 billion to boost agentic offerings
Businesses are accelerating their agentic offerings for enterprises as competition heats up.
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Spanish police say initials ‘P.S.’ in diary refer to PM Pedro Sánchez
A Civil Guard report identifies the initials “P.S.” with the prime minister and names Santos Cerdán as the driving force behind efforts to derail the case against Sánchez’s brother. #EuropeNews
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