SVB Financial files for Ch. 11 bankruptcy protection, says it has $2.2B in liquidity

March 17, 2023

One week after trading was halted for SVB Financial and regulators took control of the holding company for Silicon Valley Bank and other subsidiaries, SVB Financial has taken the next inevitable step: today it announced that it has formally filed for Chapter 11 bankruptcy protection in the U.S. Bankruptcy Court for the Southern District of […]

SVB Financial files for Ch. 11 bankruptcy protection, says it has $2.2B in liquidity by Ingrid Lunden originally published on TechCrunch

New Zealand bans TikTok from phones of parliamentarians

March 17, 2023

Days after the U.K. banned TikTok from government devices, New Zealand has joined the trend by prohibiting the short video app from parliamentary devices. The move comes amid growing security concerns about TikTok-owner ByteDance handing user data to the Chinese government. The country’s authorities cited cybersecurity reasons and said the app would be banned on […]

New Zealand bans TikTok from phones of parliamentarians by Ivan Mehta originally published on TechCrunch

Tech that aims to read your mind and probe your memories is already here

March 17, 2023
This article is from The Checkup, MIT Technology Review’s weekly biotech newsletter. To receive it in your inbox every Thursday, sign up here. Earlier this week, I had a fascinating call with Nita Farahany, a futurist and legal ethicist at Duke University in Durham, North Carolina. Farahany has spent much of her career exploring the…

OpenAI’s ChatGPT Plus subscription launches in India

March 17, 2023

ChatGPT Plus, the subscription service to access OpenAI’s text-generating AI, is now available in India. ChatGPT Plus features GPT-4, the refined AI model that OpenAI launched earlier this week. The paid tier provides customers with early access to new features including GPT-4. Introduced in the U.S. in February after being in an early preview for […]

OpenAI’s ChatGPT Plus subscription launches in India by Jagmeet Singh originally published on TechCrunch

Walmart invests $200 million in Indian mobile payments giant PhonePe

March 17, 2023

PhonePe has raised another $200 million as part of an ongoing round, a deliberation that has now helped it pull $650 million in recent weeks despite the market slump, as the Indian fintech giant bulks up its war chest following the recent separation from the parent firm Flipkart. Walmart, which owns the majority of PhonePe, […]

Walmart invests $200 million in Indian mobile payments giant PhonePe by Manish Singh originally published on TechCrunch