meltdown

Explainer: What is Credit Suisse crisis all about and how will it impact India?

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Explainer: What is Credit Suisse crisis all about and how will it impact India?

Zurich-headquartered Credit Suisse Group AG, which is the latest bank in news, is the second largest global investment bank and financial services firm in Switzerland. It is the 12th largest foreign bank in India, owning assets worth Rs 20,700 crore. However, the firm has been in financial trouble over the past 2-3 years and has … Read more

Apple Wins Class Action Suit Against Meltdown, Spectre Flaws

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Apple Wins Class Action Suit Against Meltdown, Spectre Flaws

A US judge on Wednesday dismissed a proposed class-action lawsuit accusing Apple of defrauding customers by selling iPhone handsets and iPad tablets whose processors proved vulnerable to two cybersecurity flaws first disclosed in 2018. US District Judge Edward Davila in San Jose, California said customers failed to prove that they overpaid for their devices because Apple … Read more