Junks

The Karnataka High Court on Friday dismissed Elon Musk-owned microblogging platform Twitter's plea challenging the central government's orders to block tweets and accounts. The court also slapped a fine of Rs 50 lakh on the social media giant.In response to the development, Minister of State for Electronics and Information Technology Rajeev Chandrasekhar said: "All platforms hv to be in compliance with Indian law n @Twitter under @jack repeatedly refused to do so. In response to @GoI_MeitY's notice for non-compliance they…

The turmoil touched off by the collapse of Silicon Valley Bank has demolished much of what the Federal Reserve, political leaders and investors thought they had learned from the global financial crisis of 2007-09.They assumed complex securities, too-big-to-fail banks and shadowy, lightly regulated lenders were the weak links in the system. Instead, the weak links were its mundane, ostensibly safe parts—government bonds, smaller banks and deposits. Perhaps this will blow over with few consequences for the broader economy.…