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May 21, 2026

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Day: May 2, 2023

HSBC rules out banking crisis as profits triple after Silicon Valley Bank deal

Failure of four banks in six weeks is purely a sign of poor risk management, says chief executiveHSBC’s chief executive has denied the possibility of a fresh banking crisis, saying the failure of four banks in six weeks was a merely a sign of poor risk…

May 2, 2023
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Leaked Files Show Extent of Ransomware Group’s Access to Western Digital Systems

Ransomware group leaked files showing the extent of their access to Western Digital systems and how they monitored the company’s initial response to the breach.
The post Leaked Files Show Extent of Ransomware Group’s Access to Western Digital Sy…

May 2, 2023
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Australian government cracks down on smoking and vaping

May 2, 2023
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Australian government cracks down on smoking and vaping

Australia’s tobacco tax will be increased by billions of dollars over the next four years as the government cracks down on smoking and vaping.

May 2, 2023
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IBM CEO Arvind Krishna says the company plans to slow or stop back-office hiring, impacting ~26K staff, and ~30% could “easily” be replaced by AI in five years (Brody Ford/Bloomberg)

Brody Ford / Bloomberg:
IBM CEO Arvind Krishna says the company plans to slow or stop back-office hiring, impacting ~26K staff, and ~30% could “easily” be replaced by AI in five years  —  International Business Machines Co…

May 2, 2023
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US banking crisis: Is your money safe?

As another US bank collapses, here’s what you need to know about how to keep your money safe.

May 2, 2023
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Albanian charged with supporting terror attacks

Albanian law enforcement authorities have charged an Albanian man with supporting terror attacks in Western Europe on social media

May 2, 2023
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Albanian charged with supporting terror attacks

May 2, 2023
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Police arrest fake ‘Boris Johnson’ for suspected drink driving

Dutch police who arrested a man on suspicion of drink driving discovered he had a driving licence naming him as “Boris Johnson”.

May 2, 2023
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Biden, Marcos reaffirm ‘ironclad’ alliance as tensions with China grow

US President Joe Biden has reaffirmed Washington’s commitment to the Philippines, pledging to defend the country’s armed forces or vessels in the event of an attack. Biden made the pledge following a meeting with Philippines leader Ferdinand Marcos Jr …

May 2, 2023
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  • How Sony nearly ruled spatial audio – until Apple changed music forever May 21, 2026
  • California’s housing market is so out of control that even a small, burned-out home goes for $1 million May 21, 2026
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  • Democrats seize on Trump support for Spencer Pratt in LA mayor’s race May 21, 2026
  • Airbus & Air France guilty of corporate manslaughter after pilots slept before 228 people died in crash disaster May 21, 2026
  • Modal Labs, which offers a serverless cloud platform to build AI apps and run AI inference, raised a $355M Series C at a $4.65B valuation, up from $1.1B in 2025 (Deepa Seetharaman/Reuters) May 21, 2026

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  • Sources: Starbucks shut down an AI program for automating inventory counts, nine months after deploying it, after it frequently miscounted and mislabeled items (Waylon Cunningham/Reuters) May 21, 2026
  • How Sony nearly ruled spatial audio – until Apple changed music forever May 21, 2026
  • California’s housing market is so out of control that even a small, burned-out home goes for $1 million May 21, 2026
  • Prediction markets are fueling a high-stakes brawl between states and federal regulators May 21, 2026
  • Democrats seize on Trump support for Spencer Pratt in LA mayor’s race May 21, 2026
  • Airbus & Air France guilty of corporate manslaughter after pilots slept before 228 people died in crash disaster May 21, 2026
  • Modal Labs, which offers a serverless cloud platform to build AI apps and run AI inference, raised a $355M Series C at a $4.65B valuation, up from $1.1B in 2025 (Deepa Seetharaman/Reuters) May 21, 2026

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