Wednesday, December 14, 2022

Elon Musk's banks to book Twitter loan losses, avoid big hits: sources

Twitter's lenders, led by Morgan Stanley, could face billions of dollars in losses if they tried to do so now, as investors shy away from buying risky debt during a period of economic uncertainty, market participants said.

from Tech-Economic Times https://ift.tt/usFvy9W

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AI risks spark 30% surge in India cybersecurity spends as enterprises ramp up defences

Corporate India is witnessing a significant surge in cybersecurity spending, up 30% year-on-year, as businesses race to safeguard data and A...