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US court of appeals upholds USD 194 mn damages against TCS in CSC DXC trade secrets dispute

US court of appeals upholds USD 194 mn damages against TCS in CSC DXC trade secrets dispute

by AIP Online Bureau | Nov 24, 2025 | Indian News, Risk Management, Technology

In June last year, a US court had ruled that TCS is liable for misappropriation of trade secrets and levied penal charges of around USD 194 million on the IT major. The company is evaluating various options, including review and appeal before appropriate courts, and...
Jitters over AI spending set to grow as US tech giants flood bond market ​

Jitters over AI spending set to grow as US tech giants flood bond market ​

by AIP Online Bureau | Nov 23, 2025 | Eco/Invest/Demography, International News

Since September, public bond issuance by four of the major cloud computing and AI platform companies known as “hyperscalers” has hit nearly $90 billion, with Google owner Alphabet selling $25 billion in bonds, Meta $30 billion, Oracle $18 billion, and...
Tesla requires suppliers to avoid China-made parts for US cars, WSJ reports

Tesla requires suppliers to avoid China-made parts for US cars, WSJ reports

by AIP Online Bureau | Nov 15, 2025 | Eco/Invest/Demography, International News

Executives have struggled with fluctuating tariffs in the U.S.-China trade dispute, complicating pricing strategies, the Journal added. Tesla is now requiring its suppliers to exclude China-made components in the manufacturing of its cars in the United States, the...
Zurich Insurance invests $170 million into APAC private debt

Zurich Insurance invests $170 million into APAC private debt

by AIP Online Bureau | Nov 13, 2025 | Eco/Invest/Demography, International News

US life insurers have ramped up private debt investments, allocating close to a third of their $5.6 trillion in assets to the sector last year, up from 22% a decade ago, according to data compiled by research firm CreditSights. Zurich Insurance Group AG has selected...
China accuses US of committing $13 billion bitcoin hack

China accuses US of committing $13 billion bitcoin hack

by AIP Online Bureau | Nov 13, 2025 | Eco/Invest/Demography, International News

The Chinese government has recently become increasingly vocal in accusing the American government of hacking campaigns China’s cybersecurity agency accused the American government of orchestrating the theft of about $13 billion worth of Bitcoin, representing China’s...
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