Out of all the reported digital payment frauds in India, over half (55 per cent) were United Payments Interface (UPI)-related, a new report released on Tuesday revealed. Another 18 per cent are card related, 12 per cent are related to internet banking and nine per cent are from phishing calls. Most of the UPI-related frauds, however, have a low ticket […]

One of the darkest towns in America lies roughly 100 miles north of Reno, where the lights are few and rarely lit until one week each summer when pyrotechnics and LEDs set the sky and mountains aglow. In tiny Gerlach, just outside the Black Rock Desert in Nevada, residents have watched the Burning Man festival grow over the last 30 […]

Elon Musk defended his propensity to step into divisive debate and even in advancing conspiracy theories, telling CNBC, “I’ll say what I want to say, and if the consequences of that is losing money, I’ll say it.” The network’s David Faber sat down with Musk and asked the Twitter owner and Tesla CEO about a specific tweet about billionaire George […]

The EU’s antitrust regulator has gone against the grain of its U.S. and UK counterparts by waving through Microsoft’s proposed $69B takeover of Call of Duty maker Activision Blizzard. In a surprise decision unveiled in the past few minutes, the European Commission said it had approved under EU Merger Regulation the takeover after Microsoft addressed its competition concerns. The concerns […]

NEW YORK — An infant formula recalled over potential bacteria contamination was distributed to retailers across eight states after the recall began, according to a release published by the U.S. Food and Drug Administration this week. Perrigo Co. issued a voluntary March recall of certain lots of its Gerber Good Start SoothePro Powdered Infant Formula “out of an abundance of […]

The writers strike took to the skies of Los Angeles on Monday, as a plane flew around all of the major production studios with a banner that read, “Pay the writers, you AI-holes.” What started out as a joke among friends quickly became a reality — and a show of union solidarity — when writer and director Jacob Reed shared […]

UPDATED with clarifications from the WGA: The ongoing Writers Guild strike is costing California’s economy $30 million a day, according to the WGA. The guild bases that figure on the Milken Institute’s estimate that the 100-day writers strike of 2007-08 cost the state’s economy an estimated $2.1 billion in lost output from the fourth quarter of 2007 through the end of 2008. […]

In his first public remarks since Silicon Valley Bank collapsed, triggering widespread industry turmoil, the lender’s former chief executive pointed the finger at pretty much everybody but himself for the lender’s demise, casting blame on regulators, the media, his board of directors and even the bank’s own depositors. Gregory Becker, who was fired from SVB shortly after its March failure, […]

The United States military awards a variety of medals to its service members in recognition of their achievements and sacrifices. These medals come in different types and are awarded for different actions or accomplishments. The highest among these is the Medal of Honor that was most recently awarded to Paris Davis in March 2023 for his service in the Vietnam […]