US: California regulator shuts Silicon Valley Bank
Washington: Silicon Valley Bank, Santa Clara, California, was closed on Friday by the California Department of Financial Protection and Innovation, which appointed the Federal Deposit Insurance Corporation (FDIC) as the receiver, marking the largest failure of a U.S. financial institution in recent years.
US gas prices sets new record of $4.67 per gallon
Washington/UNI/Sputnik: Gas prices in the US just headed towards the wrong alley.
IT major Infosys to pay $8,00,000 over foreign workers’ visas, tax fraud
California/IBNS: California Attorney General Xavier Becerra has announced an $800,000 settlement against Infosys Limited, an India-based business consulting, information and outsourcing services company, and its subsidiary, Infosys BPM Limited (collectively, Infosys).
Facebook's translation tool to help overcome language barrier
California, July 4 (IBNS): Social networking giant, Facebook, is set to help users overcome language barriers by allowing them to view posts in their preferred language.