Top Stories Thursday, March 16 – Apple (NASDAQ:AAPL), Baidu…

Top Stories Thursday, March 16 – Apple (NASDAQ:AAPL), Baidu…

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Amid Twitter’s thin security staff, Elon Musk is upset that Microsoft has reportedly axed the AI ​​ethics team

  • Elon Musk excitement about Microsoft Corporation MSFTwhich has reportedly fired its AI ethics and society team over concerns about the decline Twitter workforce.
  • Musk was responding to a news report about Microsoft cutting its ethics and society team within the artificial intelligence organization.
  • While his reaction might seem legitimate given that Musk has continuously cut many employees since acquiring Twitter in October 2022 for $44 billion, netizens were quick to point out the irony.

Elon Musk’s Starlink now lets you stay connected anywhere in the world: what you need to know

  • Elon Musk-in possession SpaceX’s Starlink now offers a global roaming option, allowing users to stay connected even in remote locations where internet access is erratic or non-existent.
  • musk provided an update on SpaceX’s Starlink services and said it would offer global roaming. In a SpaceX tweet, Musk said, “Starlink now offers global roaming.”

Embattled Credit Suisse To Borrow Up To $54 Billion From Swiss National Bank: Here Are Other Actions It’s Taking

  • Credit Suisse Group AG CS said it is taking decisive action to pre-emptively strengthen its liquidity by intending to exercise its borrowing option at the Swiss National Bank (SNB) up to 54 billion US dollars (50 billion Swiss francs).
  • Borrowing would be under a covered credit facility and a short-term liquidity facility fully collateralised by high-quality assets.
  • Credit Suisse also highlighted offers from Credit Suisse International repurchase certain senior debt instruments of OpCo for up to $3.22 billion in cash.

Volkswagen races ahead of Tesla with sub-$30,000 EV model aiming to capture 80% of European EV market

  • Volkswagen AG VWAGY strives to make a mark in the electric vehicle race. Shortly after announcing a massive $193 billion investment in electrification, the German automaker…

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