The latest developments from the tech and science industry.
Credit Suisse’s buyout by UBS was arranged by banking regulators worried that Credit Suisse’s failure could have repercussions similar to the collapse of Lehman Brothers.
The uninsured deposits from 11 big banks into First Republic Bank are seen as a vote of confidence in the San Francisco-based firm with $176.4 billion in deposits.
Analysts say there is little chance of a wider banking crisis after the failure of Silicon Valley Bank, as the banking system is well-capitalized and passed stress testing.
The Treasury, FDIC and Federal Reserve said clients of Silicon Valley Bank would be protected as the agencies sought to find a buyer and stop further bank runs.
Car-Net, which allows Volkswagen owners to track their vehicles, refused to help deputies find a stolen vehicle with a child inside until they paid to restart the service.
A check of just over $30 was issued at the end of February to those who cashed initial settlement payments of $397, part of a $650 million compensation fund.
The inventor of the first commercial mobile phone, now 94, made that call on a Manhattan street using a Motorola prototype “brick” phone.
A new online tool lets you take down explicit images and videos of yourself from the internet. It’s from the National Center for Missing and Exploited Children and funded in part by Meta Platforms, owner of Instagram and Facebook.
California’s Bitwise Industries is opening a facility in Chicago to train apprentices after getting $80 million in new funding. It hopes to hire 100 people in a year.
Did YouTube algorithm spur ISIS killing? Supreme Court weighs Google’s liability in terror case over key internet law Section 230
ISIS victim Nehemi Gonzalez’s family says Google-owned YouTube aided and abetted the Islamic State group by recommending its videos to viewers most likely to be interested in them.
The justices are hearing arguments Tuesday about whether the family of an ISIS terrorism victim from California can sue Google, whose YouTube algorithms, they say, helped extremists spread their message and attract recruits.
AT&T in January eliminated operator and directory assistance for almost all customers.
Ending a two-year ban, Facebook says the public has a right to hear from its political leaders, ‘the good, the bad and the ugly — so that they can make informed choices.’
The asteroid, about the size of a delivery truck, will zoom 2,200 miles above the southern tip of South America on Thursday evening, the space agency says.
The wireless carrier reported the data theft to U.S. authorities, saying customer phone numbers, addresses and dates of birth were accessed.
Leaders from the civil rights organization’s educational arm — PUSH for Excellence — announced a plan to emphasize technology education as they unveiled the agenda for an upcoming scholarship celebration.
Lawyer could not have been turned away from show in Illinois due to stringent facial recognition laws here.
The new federal money will be used to connect 87,613 households and businesses in Illinois without high-speed internet access.
The proposed class action accuses Apple of negligently marketing the tiny trackers. Plaintiffs’ stories of abuse echo what a Sun-Times investigation found in Chicago.
Sixteen teams of students gave quick pitches, a la “Shark Tank,” on engineering projects to judges, which included engineers from companies like Google and Shure.
“The people have spoken. Trump will be reinstated. Vox Populi, Vox Dei,” Musk tweeted.
Comer Education Campus is one of six finalists for the Pritzker Traubert Foundation $10 million Chicago Prize 2022.
A fleet of robots are cruising around the Near West Side, bringing meals and other goods to students and faculty at the University of Illinois Chicago.