<p>The financial regulators in the United States shut down Silicon Valley Bank&nbsp;in the <a href="https://www.wionews.com/business-economy/explained-how-silicon-valley-bank-crisis-unfolded-in-48-hours-570945">biggest bank failure since the 2008</a> recession that turned most stock indices red across the world.</p>

<p>One of the crucial steps taken by the US Federal Deposit Insurance Corporation (FDIC) involved the creation of a National Bank of Santa Clara. This especially created financial institution involved feeding deposits and other assets of the failed Silicon Valley Bank. However, the abrupt closing impacted tech firms, the chief customers of the now collapsed bank.&nbsp;</p>

<p>Large US banks have been&nbsp;injected with $30 billion in deposits into First Republic Bank, swooping in to rescue the lender caught up in a widening crisis triggered by the collapse of Silicon Valley Bank.</p>

<h2><strong>The ‘greed and avarice’ of Silicon Valley</strong></h2>

<p>However, despite its proactive response to the crisis, the United States Federal Reserve is facing the flak for the signs of high risk of collapsing that the Silicon Valley Bank was facing.&nbsp;</p>

<p>The United States federal regulators said that all deposits will be made whole, <a href="https://www.wionews.com/business-economy/silicon-valley-bank-crisis-what-led-to-stock-crash-whats-next-heres-everything-you-need-to-know-570568">in a relief to many depositors</a>.</p>

<p>However, many investors and analysts say that the SVB crisis is not an isolated incident, and its roots lie in a bigger systemic problem, they add.</p>

<p>“With regard to who’s to blame here, I think that the greed and avarice that has long been present in Silicon Valley has come home to roost,” Keith Fitz-Gerald, a trader, was quoted as saying by <em>CNBC.</em></p>

<h2><strong>Questions raised on the US regulators</strong></h2>

<p>Analysts cited in the US media say that the regulators have been asleep at the wheel. This is because the Silicon Valley Bank relied heavily on corporate deposits and not much on retail and holding a large proportion of assets in loans and securities. This exact aspect of the Silicon Valley Bank’s functioning made it more prone to collapse.&nbsp;</p>

<p>“I would submit that not only are they (the US Feds) complicit, they had a hand in designing this mess...SVB did what they needed to do, arguably, within the structure of rules that are the problem. So, to me, it’s the system that’s broken, or at least needs to be seriously reviewed here,” Keith Fitz-Gerald said.</p>

<p><strong>ALSO WATCH |&nbsp;HSBC acquires the UK arm of Silicon Valley Bank | WION Dispatch</strong></p>

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<p>“I am personally flabbergasted that the system is what it is today and that this stuff was allowed to happen,” he said. “Where were the regulators? Where were the auditors? I think there’s going to be very serious questions asked about how the rating systems work. Why were these banks allowed to take on assets when they should have been backing their deposits?” Fitz-Gerald asked.</p>

<p>“That is a fundamental issue that has got to come to the forefront now. We can’t ignore it and kick the can down the road. I think it’s an embarrassment to the US Federal Reserve. I think it’s an embarrassment to the banking regulators, frankly.”</p>

<h2><strong>‘Stupid risks’ were at play</strong></h2>

<p>Investor Michael Burry attributed the Silicon Valley Bank’s collapse to what he called the ‘stupid risks’ taken by the ‘people full of hubris’.&nbsp;</p>

<p>“2000, 2008, 2023, it is always the same,” Burry, who founded the hedge fund Scion Asset Management was quoted as saying.&nbsp;</p>

<p>“People full of hubris and greed take stupid risks, and fail. Money is then printed. Because it works so well.”</p>

<h2><strong>The aftermath</strong></h2>

<p>Gold has witnessed early decline after US consumer price data came in line with expectations. The yellow metal is reportedly holding above the price of $1,900 an ounce after more than a five per cent surge over the previous three sessions, <em>Bloomberg </em>reported.</p>

<p>The oil prices rose from their lowest close in three months, with the West Texas Intermediate approaching $72 per barrel after losing seven per cent over the previous two sessions.</p>

<p>Global accounting firm KPMG said it stands behind its audits of Silicon Valley Bank and Signature Bank, the<em> Financial Times</em> reported.</p>

<p>The firm's US boss Paul Knopp said that the audit work considered all the facts available at the time and that the market-driven events led to the banks' failures.</p>

<p>The SVB has now filed for a&nbsp;court-supervised reorganisation under Chapter 11 bankruptcy protection while it continues to scramble to seek buyers for the assets it is left with. Before&nbsp;that as well the company had mentioned that they were&nbsp;planning to look at&nbsp;strategic alternatives for its businesses which included&nbsp;SVB Capital and SVB Securities. However, the&nbsp;two aforementioned holding companies'&nbsp;funds and general partner entities are not a part of its reorganisation-related filing.&nbsp;</p>

<p>Meanwhile, the White House is carefully monitoring developments at First Republic and other smaller banks after actions to protect the depositors following SVB's collapse. This comes a day after</p>

<p>Moody's Investors Service downgraded First Republic Bank and five other lenders, citing concerns over their reliance on uninsured deposit funding and losses in the asset portfolios.</p>

<p><em>(With inputs from agencies)</em><br />
&nbsp;</p>

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The financial regulators in the United States shut down Silicon Valley Bank in the biggest bank failure since the 2008 recession that turned most stock indices red across the world.

The financial regulators in the United States shut down Silicon Valley Bank in the biggest bank failure since the 2008 recession that turned most stock indices red across the world. One of the crucial steps taken by the US Federal Deposit Insurance Corporation (FDIC) involved the creation of a National Bank of Santa Clara. This especially created financial institution involved feeding deposits and other assets of the failed Silicon Valley Bank. However, the abrupt closing impacted tech firms, the chief customers of the now collapsed bank. Large US banks have been injected with $30 billion in deposits into First Republic Bank, swooping in to rescue the lender caught up in a widening crisis triggered by the collapse of Silicon Valley Bank. The ‘greed and avarice’ of Silicon Valley However, despite its proactive response to the crisis, the United States Federal Reserve is facing the flak for the signs of high risk of collapsing that the Silicon Valley Bank was facing. The United States federal regulators said that all deposits will be made whole, in a relief to many depositors. However, many investors and analysts say that the SVB crisis is not an isolated incident, and its roots lie in a bigger systemic problem, they add. “With regard to who’s to blame here, I think that the greed and avarice that has long been present in Silicon Valley has come home to roost,” Keith Fitz-Gerald, a trader, was quoted as saying by CNBC. Questions raised on the US regulators Analysts cited in the US media say that the regulators have been asleep at the wheel. This is because the Silicon Valley Bank relied heavily on corporate deposits and not much on retail and holding a large proportion of assets in loans and securities. This exact aspect of the Silicon Valley Bank’s functioning made it more prone to collapse. “I would submit that not only are they (the US Feds) complicit, they had a hand in designing this mess...SVB did what they needed to do, arguably, within the structure of rules that are the problem. So, to me, it’s the system that’s broken, or at least needs to be seriously reviewed here,” Keith Fitz-Gerald said. ALSO WATCH | HSBC acquires the UK arm of Silicon Valley Bank | WION Dispatch × “I am personally flabbergasted that the system is what it is today and that this stuff was allowed to happen,” he said. “Where were the regulators? Where were the auditors? I think there’s going to be very serious questions asked about how the rating systems work. Why were these banks allowed to take on assets when they should have been backing their deposits?” Fitz-Gerald asked. “That is a fundamental issue that has got to come to the forefront now. We can’t ignore it and kick the can down the road. I think it’s an embarrassment to the US Federal Reserve. I think it’s an embarrassment to the banking regulators, frankly.” ‘Stupid risks’ were at play Investor Michael Burry attributed the Silicon Valley Bank’s collapse to what he called the ‘stupid risks’ taken by the ‘people full of hubris’. “2000, 2008, 2023, it is always the same,” Burry, who founded the hedge fund Scion Asset Management was quoted as saying. “People full of hubris and greed take stupid risks, and fail. Money is then printed. Because it works so well.” The aftermath Gold has witnessed early decline after US consumer price data came in line with expectations. The yellow metal is reportedly holding above the price of $1,900 an ounce after more than a five per cent surge over the previous three sessions, Bloomberg reported. The oil prices rose from their lowest close in three months, with the West Texas Intermediate approaching $72 per barrel after losing seven per cent over the previous two sessions. Global accounting firm KPMG said it stands behind its audits of Silicon Valley Bank and Signature Bank, the Financial Times reported. The firm's US boss Paul Knopp said that the audit work considered all the facts available at the time and that the market-driven events led to the banks' failures. The SVB has now filed for a court-supervised reorganisation under Chapter 11 bankruptcy protection while it continues to scramble to seek buyers for the assets it is left with. Before that as well the company had mentioned that they were planning to look at strategic alternatives for its businesses which included SVB Capital and SVB Securities. However, the two aforementioned holding companies' funds and general partner entities are not a part of its reorganisation-related filing. Meanwhile, the White House is carefully monitoring developments at First Republic and other smaller banks after actions to protect the depositors following SVB's collapse. This comes a day after Moody's Investors Service downgraded First Republic Bank and five other lenders, citing concerns over their reliance on uninsured deposit funding and losses in the asset portfolios. (With inputs from agencies) WATCH WION LIVE HERE You can now write for wionews.com and be a part of the community. Share your stories and opinions with us here.

Explained | Silicon Valley Bank crisis: Did US central bank miss headwinds?

In Pics | Northern Lights dazzle North America amid 'severe' geomagnetic storm

<p>In a major setback to Taiwan's efforts to establish bilateral ties with more nations amid mounting Chinese belligerence, Honduras broke decades-long diplomatic ties with self-governing island nation. In India, it's a blockbuster Sunday for Indian Space Research Organisation as&nbsp;India's LVM3 rocket, the largest and heaviest launch vehicle built by the ISRO ascended skywards at 9 AM.&nbsp;</p>

<p><strong>Click on the headlines to read more:</strong></p>

<p><a href="https://www.wionews.com/world/honduras-breaks-decades-long-diplomatic-ties-with-taiwan-recognises-one-china-575777"><strong>Honduras breaks decades-long diplomatic ties with Taiwan, recognises 'one China'</strong></a></p>

<p><img src="https://cdn.wionews.com/sites/default/files/styles/story_page/public/2023/03/26/341083-untitled-design-2023-03-26t101625761.png?imwidth=1920" /></p>

<p>Honduras on Saturday announced that it ended its diplomatic relations with Taiwan, a move which drew Taipei's immediate rebuke as Tegucigalpa changed its allegiances to China.</p>

<p><a href="https://www.wionews.com/science/isros-largest-rocket-lvm3-lifts-off-successfully-on-2nd-commercial-mission-575788"><strong>ISRO's largest rocket LVM3 lifts off successfully on 2nd Commercial mission</strong></a></p>

<p><img src="https://cdn.wionews.com/sites/default/files/styles/story_page/public/2023/03/26/341079-untitled-design-2023-03-26t094144650.png?imwidth=1920" /></p>

<p>India's LVM3 rocket, the largest and heaviest launch vehicle built by the Indian Space Research Organisation(ISRO) ascended skywards at 9 am, from the second launchpad of the Satish Dhawan Space Centre, Sriharikota.</p>

<p><a href="https://www.wionews.com/world/us-at-least-19-people-killed-after-powerful-tornado-sweeps-through-mississippi-575652"><strong>US: At least 25 people killed as powerful tornado sweeps through Mississippi</strong></a></p>

<p><img src="https://cdn.wionews.com/sites/default/files/styles/story_page/public/2023/03/26/341062-tornado.png?imwidth=1920" />At least 25&nbsp;people have been killed after a powerful tornado hit parts of the United States’ Mississippi, late Friday (March 24), said the Governor of Mississippi. The storm has left a trail of damage for more than 100 miles (160 km), damaging buildings and knocking out power while the severe weather also produced hail the size of golf balls, as per media reports.&nbsp;</p>

<p><a href="https://www.wionews.com/world/putin-to-deploy-tactical-nuclear-weapons-in-belarus-as-west-russia-rivalry-continues-575733"><strong>Putin to deploy tactical nuclear weapons in Belarus as West-Russia rivalry continues</strong></a></p>

<p><img src="https://cdn.wionews.com/sites/default/files/styles/story_page/public/2023/03/25/341030-untitled-design-2023-03-25t233039553.png?imwidth=1920" />With the war in its 13th month now, Russian President Vladimir Putin said Saturday he would deploy tactical nuclear weapons inside the territory of its neighbour and ally Belarus, another statement which strongly indicates that the West-Russia rivalry is only here to continue.&nbsp;</p>

<p><a href="https://www.wionews.com/photos/in-pics-northern-lights-wonder-dazzles-north-america-amid-severe-geomagnetic-storm-575789"><strong>In Pics | Northern Lights wonder dazzles North America amid 'severe' geomagnetic storm</strong></a></p>

<p><img src="https://cdn.wionews.com/sites/default/files/styles/story_page/public/2023/03/26/341066-untitled-design-93.jpg?imwidth=3840" />Watching Northern Lights under a clear sky is part of the bucket lists of millions. The colourful streaks in the sky, also known as Aurora, are visible from the countries the poles. In the United States, they are often&nbsp;visible from places like Alaska, Canada and Iceland.&nbsp;</p>


In a major setback to Taiwan's efforts to establish bilateral ties with more nations amid mounting Chinese belligerence, Honduras broke decades-long diplomatic ties with self-governing island nation.

In a major setback to Taiwan's efforts to establish bilateral ties with more nations amid mounting Chinese belligerence, Honduras broke decades-long diplomatic ties with self-governing island nation. In India, it's a blockbuster Sunday for Indian Space Research Organisation as India's LVM3 rocket, the largest and heaviest launch vehicle built by the ISRO ascended skywards at 9 AM. Click on the headlines to read more: Honduras breaks decades-long diplomatic ties with Taiwan, recognises 'one China' Honduras on Saturday announced that it ended its diplomatic relations with Taiwan, a move which drew Taipei's immediate rebuke as Tegucigalpa changed its allegiances to China. ISRO's largest rocket LVM3 lifts off successfully on 2nd Commercial mission India's LVM3 rocket, the largest and heaviest launch vehicle built by the Indian Space Research Organisation(ISRO) ascended skywards at 9 am, from the second launchpad of the Satish Dhawan Space Centre, Sriharikota. US: At least 25 people killed as powerful tornado sweeps through Mississippi At least 25 people have been killed after a powerful tornado hit parts of the United States’ Mississippi, late Friday (March 24), said the Governor of Mississippi. The storm has left a trail of damage for more than 100 miles (160 km), damaging buildings and knocking out power while the severe weather also produced hail the size of golf balls, as per media reports. Putin to deploy tactical nuclear weapons in Belarus as West-Russia rivalry continues With the war in its 13th month now, Russian President Vladimir Putin said Saturday he would deploy tactical nuclear weapons inside the territory of its neighbour and ally Belarus, another statement which strongly indicates that the West-Russia rivalry is only here to continue. In Pics | Northern Lights wonder dazzles North America amid 'severe' geomagnetic storm Watching Northern Lights under a clear sky is part of the bucket lists of millions. The colourful streaks in the sky, also known as Aurora, are visible from the countries the poles. In the United States, they are often visible from places like Alaska, Canada and Iceland.

Morning Brief: Honduras ditches Taiwan for China, ISRO takes another historical ascent, and more

<p>The man behind Mexico's iconic children's comic 'Chabelo' is no more. Xavier López died at 88 on Saturday, Mexican President Andrés Manuel López Obrador announced on Twitter.</p>

<p>López's best-known work, the Sunday variety show En Familia con Chabelo, ran for an astonishing 48 years from 1967 to 2015.</p>

<p>"With a broken soul and knowing that many people have loved him for many years and that they will feel his loss, we ask you to pray for his rest and allow us to mourn peacefully the grief that overwhelms our entire family," López's family said.</p>

<p>The Mexican president wrote on Twitter that his own eldest son, José Ramón, "woke up early to see him (on television) more than 40 years ago."</p>

<p><strong>ALSO WATCH |&nbsp;Mexico's President Lopez Obrador leads supporters in march through capital</strong></p>

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<p>"Hugs to family and friends for the death of Xavier López 'Chabelo,'" he wrote. "How can I forget that my eldest son woke up early to see him more than 40 years ago."</p>

<h2><strong>Who was Xavier López, Mexico's 'Chabelo'?</strong></h2>

<p>Born Xavier López Rodríguez in Chicago, he was active as comic, television presenter and children's music singer for nearly 71 years. López returned to Mexico with his family at a young age and trained as a doctor. However, he found his calling in acting. López was one of the last surviving stars from the 'Golden Age of Mexican Cinema', as he heralded an era of genre-churning comedy. &nbsp;</p>

<p><strong>ALSO READ |&nbsp;<a href="https://www.wionews.com/world/lack-of-love-and-hugs-cause-drug-overdose-deaths-in-america-mexicos-president-573336">'Lack of love and hugs' causing drug overdose deaths in America: Mexico's President</a></strong></p>

<p>López is credited to have helped found a genre of adult comics dressed as kids that became a staple for decades on Mexican television.</p>

<p>'Chabelo', the character López played for nearly five decades, is considered the 'friend of all children,'. López starred in some 30 films and worked on countless TV shows.</p>

<p>His longevity — he performed in a child's raspy squeak throughout his career — led to joking speculation he would outlive everyone else in show business.</p>

<p>López's agent, Jessica Nevilley, said he died Saturday morning, and that funeral plans would be announced later.</p>

<p><strong>WATCH WION LIVE HERE</strong></p>

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The man behind Mexico's iconic children's comic 'Chabelo' is no more. Xavier López died at 88 on Saturday, Mexican President Andrés Manuel López Obrador announced on Twitter.

The man behind Mexico's iconic children's comic 'Chabelo' is no more. Xavier López died at 88 on Saturday, Mexican President Andrés Manuel López Obrador announced on Twitter. López's best-known work, the Sunday variety show En Familia con Chabelo, ran for an astonishing 48 years from 1967 to 2015. "With a broken soul and knowing that many people have loved him for many years and that they will feel his loss, we ask you to pray for his rest and allow us to mourn peacefully the grief that overwhelms our entire family," López's family said. The Mexican president wrote on Twitter that his own eldest son, José Ramón, "woke up early to see him (on television) more than 40 years ago." ALSO WATCH | Mexico's President Lopez Obrador leads supporters in march through capital × "Hugs to family and friends for the death of Xavier López 'Chabelo,'" he wrote. "How can I forget that my eldest son woke up early to see him more than 40 years ago." Who was Xavier López, Mexico's 'Chabelo'? Born Xavier López Rodríguez in Chicago, he was active as comic, television presenter and children's music singer for nearly 71 years. López returned to Mexico with his family at a young age and trained as a doctor. However, he found his calling in acting. López was one of the last surviving stars from the 'Golden Age of Mexican Cinema', as he heralded an era of genre-churning comedy. ALSO READ | 'Lack of love and hugs' causing drug overdose deaths in America: Mexico's President López is credited to have helped found a genre of adult comics dressed as kids that became a staple for decades on Mexican television. 'Chabelo', the character López played for nearly five decades, is considered the 'friend of all children,'. López starred in some 30 films and worked on countless TV shows. His longevity — he performed in a child's raspy squeak throughout his career — led to joking speculation he would outlive everyone else in show business. López's agent, Jessica Nevilley, said he died Saturday morning, and that funeral plans would be announced later. WATCH WION LIVE HERE You can now write for wionews.com and be a part of the community. Share your stories and opinions with us here.

Mexican TV legend 'Chabelo' no more, President Obrador reacts

<p>The Mississippi tornado continues to expand its radius of destruction in the United States as extreme weather conditions continue to symbolise the threat from climate change. The destruction's forecast was caught in an emotional outburst of a meteorologist who was working on the geographical coordinates of the tornado that has been wreaking havoc in south Mississippi.&nbsp;</p>

<p>A WTVA meteorologist, upon realising the scale of the damage from the tornado, became emotional and prayed to god for help.&nbsp;</p>

<p>In a video which is now going viral on social media, the meteorologist Matt Laubhan can be seen tracking the movement of the tornado in the video. As he realises that the tornado will directly hit the town of Amory, he just bends down to exclaim&nbsp;"Oh man", to let out&nbsp;a heavy sigh.</p>

<p>"Dear Jesus, please help them. Amen," Laubhan said after a pause.</p>

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<p dir="ltr" lang="en">I don't think I've *ever* heard a meteorologist say a little prayer or "oh man" on air. <a href="https://twitter.com/hashtag/mswx?src=hash&amp;ref_src=twsrc%5Etfw">#mswx</a><br />
<br />
Amory, Mississippi is southwest of Tupelo, and about 15 miles west of the Mississippi/Alabama state line. <a href="https://t.co/lUbfRZNqag">pic.twitter.com/lUbfRZNqag</a></p>
— Eddie Sigala 💉👌🏼🥰🇺🇦🇺🇸 (@eduardokenya) <a href="https://twitter.com/eduardokenya/status/1639478609386651648?ref_src=twsrc%5Etfw">March 25, 2023</a></blockquote>
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<h2><strong>Mississippi tornado: The destruction trail</strong></h2>

<p>The death toll in the Mississippi tornado rose to 25 on Saturday as rescue workers continue their search through debris.</p>

<p>The Mississippi Emergency Management Agency said dozens of people were injured in the storms.</p>

<p><strong>ALSO READ |&nbsp;<a href="https://www.wionews.com/world/us-at-least-19-people-killed-after-powerful-tornado-sweeps-through-mississippi-575652">US: At least 26 killed as powerful tornado rips Mississippi, Biden declares emergency</a></strong></p>

<p>Mississippi Governor Tate Reeves has declared a State of Emergency and pledged to assist in the reconstruction efforts. The governor is travelling to observe the destruction in a region with numerous large fields of cotton, corn, soybeans, and catfish farms.&nbsp;</p>

<p><strong>ALSO WATCH |&nbsp;US: Devastating Tornado in Mississippi kills 25, Biden describes images as 'heartbreaking' | WION</strong></p>

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<p>President Joe Biden of the United States has also made a commitment to provide federal aid, describing the devastation as "heartbreaking."</p>

<p>Images of destruction released by news networks showed complete structures reduced to debris and automobiles toppled onto their sides, with individuals making their way through the wreckage in the absence of light.</p>

<p><em>(With inputs from agencies)</em><br />
&nbsp;</p>

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The Mississippi tornado continues to expand its radius of destruction in the United States as extreme weather conditions continue to symbolise the threat from climate change.

The Mississippi tornado continues to expand its radius of destruction in the United States as extreme weather conditions continue to symbolise the threat from climate change. The destruction's forecast was caught in an emotional outburst of a meteorologist who was working on the geographical coordinates of the tornado that has been wreaking havoc in south Mississippi. A WTVA meteorologist, upon realising the scale of the damage from the tornado, became emotional and prayed to god for help. In a video which is now going viral on social media, the meteorologist Matt Laubhan can be seen tracking the movement of the tornado in the video. As he realises that the tornado will directly hit the town of Amory, he just bends down to exclaim "Oh man", to let out a heavy sigh. "Dear Jesus, please help them. Amen," Laubhan said after a pause. I don't think I've *ever* heard a meteorologist say a little prayer or "oh man" on air. #mswx Amory, Mississippi is southwest of Tupelo, and about 15 miles west of the Mississippi/Alabama state line. pic.twitter.com/lUbfRZNqag — Eddie Sigala 💉👌🏼🥰🇺🇦🇺🇸 (@eduardokenya) March 25, 2023 × Mississippi tornado: The destruction trail The death toll in the Mississippi tornado rose to 25 on Saturday as rescue workers continue their search through debris. The Mississippi Emergency Management Agency said dozens of people were injured in the storms. ALSO READ | US: At least 26 killed as powerful tornado rips Mississippi, Biden declares emergency Mississippi Governor Tate Reeves has declared a State of Emergency and pledged to assist in the reconstruction efforts. The governor is travelling to observe the destruction in a region with numerous large fields of cotton, corn, soybeans, and catfish farms. ALSO WATCH | US: Devastating Tornado in Mississippi kills 25, Biden describes images as 'heartbreaking' | WION × President Joe Biden of the United States has also made a commitment to provide federal aid, describing the devastation as "heartbreaking." Images of destruction released by news networks showed complete structures reduced to debris and automobiles toppled onto their sides, with individuals making their way through the wreckage in the absence of light. (With inputs from agencies) WATCH WION LIVE HERE You can now write for wionews.com and be a part of the community. Share your stories and opinions with us here.

WATCH | Mississippi weatherman breaks down during news forecast of tornado destruction

<p>India reported highest daily Covid case count in 149 days, with 1,890 fresh cases logged according to the data updated by India's health ministry on Sunday. The active case count in the country now stands at 9,433. The country recorded seven deaths, with two deaths each reported in Maharashtra and Gujarat states.</p>

<p>The southern state of Kerala reported three deaths while adjusting the backlog of Covid-related deaths in the state at the latest update of central data on COVID-19.</p>

<p><strong>ALSO READ |&nbsp;<a href="https://www.wionews.com/india-news/indias-prime-minister-modi-flags-rising-covid-cases-amid-spike-in-infection-574742">India's Prime Minister Modi flags rising Covid cases, urges people to take precautions</a></strong></p>

<p>The daily positivity was recorded at 1.56 per cent while the weekly positivity was pegged at 1.29 per cent.</p>

<p>The Covid case tally was recorded at 4.47 crore (4,47,04,147) The active cases now comprises 0.02 per cent of the total infections, while the national COVID-19 recovery rate has been recorded at 98.79 per cent, the health ministry said.</p>

<h2><strong>Covid-appropriate behaviour is important: Expert</strong></h2>

<p>Meanwhile, experts have urged for caution as cases continue to mount in the country.</p>

<p><strong>ALSO WATCH |&nbsp;India@75: How India helped world during Covid pandemic</strong></p>

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<p>"Covid might continue to prevail among us and cases keep spiking once in a while. But there is nothing to fear because hospitalisation rate is low. We’re detecting cases because our surveillance structure is strong. But we can’t afford to be careless, Covid-appropriate behaviour is important,"&nbsp;Dr Neeraj Nischal of New Delhi-based All India Institute of Medical Sciences said.&nbsp;</p>

<p>According to India's health ministry, 220.65 crore doses of Covid vaccine have been administered in the country so far under the nationwide vaccination drive.<br />
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India reported highest daily Covid case count in 149 days, with 1,890 fresh cases logged according to the data updated by India's health ministry on Sunday. The active case count in the country now stands at 9,433.

India reported highest daily Covid case count in 149 days, with 1,890 fresh cases logged according to the data updated by India's health ministry on Sunday. The active case count in the country now stands at 9,433. The country recorded seven deaths, with two deaths each reported in Maharashtra and Gujarat states. The southern state of Kerala reported three deaths while adjusting the backlog of Covid-related deaths in the state at the latest update of central data on COVID-19. ALSO READ | India's Prime Minister Modi flags rising Covid cases, urges people to take precautions The daily positivity was recorded at 1.56 per cent while the weekly positivity was pegged at 1.29 per cent. The Covid case tally was recorded at 4.47 crore (4,47,04,147) The active cases now comprises 0.02 per cent of the total infections, while the national COVID-19 recovery rate has been recorded at 98.79 per cent, the health ministry said. Covid-appropriate behaviour is important: Expert Meanwhile, experts have urged for caution as cases continue to mount in the country. ALSO WATCH | India@75: How India helped world during Covid pandemic × "Covid might continue to prevail among us and cases keep spiking once in a while. But there is nothing to fear because hospitalisation rate is low. We’re detecting cases because our surveillance structure is strong. But we can’t afford to be careless, Covid-appropriate behaviour is important," Dr Neeraj Nischal of New Delhi-based All India Institute of Medical Sciences said. According to India's health ministry, 220.65 crore doses of Covid vaccine have been administered in the country so far under the nationwide vaccination drive. WATCH WION LIVE HERE You can now write for wionews.com and be a part of the community. Share your stories and opinions with us here.

Covid returns? India reports highest daily cases in nearly five months; active cases at 9,433

<p>Former US President Donald Trump, in his first rally for 2024 presidential polls, targeted 'gender ideology' in a reference to diverse gender expressions. "We will defeat the cult of gender ideology to reassert that God created two genders, Male and Female," Trump said, to a charged crowd of thousands in Waco, Texas, on Saturday.</p>

<p>Trump rallied in Waco on the same day when the Texas city witnessed conclusion to a prolonged deadly standoff between law enforcement authorities and members of Branch Davidians cult.&nbsp;</p>

<h2><strong>Trump's 2024 presidential bid: The Jan 6 riot recalled</strong></h2>

<p>Trump opened the rally by playing a song, 'Justice for All', that features a choir of men imprisoned for their role in the January 6, 2021 rioting in the US capital. These men are shown singing the American national anthem in sync with Trump reciting the Pledge of Allegiance.</p>

<p><strong>ALSO WATCH |&nbsp;Gravitas: Trump outsmarts the democrats</strong></p>

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<p>Earlier, Trump had predicted his own arrest on Tuesday last week and called for protests without adding that they should be peaceful. On his Truth Social platform he warned of "potential death and destruction" if he is eventually charged.</p>

<p>Trump spoke in background of his supporters holding signs that said, "Witch hunt", "I stand with Trump" and "Trump 2024".</p>

<p>Trump repeated the claim that the 2020 presidential election was "rigged". He praised the rioters of January 6 and and said that the prosecutors overseeing multiple investigations into his conduct are "absolute human scum".</p>

<p>"The thugs and criminals who are corrupting our justice system will be defeated, discredited and totally disgraced," he added.&nbsp;</p>

<h2><strong>Trump 2024 White House bid: Ron DeSantis 'dropping like a rock'</strong></h2>

<p>Trump launched a sweeping attack on Ron DeSantis, the governor of Florida, seen as his strongest challenger for the Republican presidential nomination.</p>

<p>"He’s dropping like a rock and I wonder why," Trump said of DeSantis’s recent downslide in opinion polls.</p>

<p>"But when a man, you know, you get him elected and there’s no quid pro quo. He gets the nomination because of you, he wins the election because of you. Two years later, the fake news is up there saying, 'Will you run against the president? Will you run?’ And he says, 'I have no comment.' I say, that’s not supposed to happen. 'I have no comment.'&nbsp;No. So I’m not a big fan."</p>

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Former US President Donald Trump, in his first rally for 2024 presidential polls, targeted 'gender ideology' in a reference to diverse gender expressions. "We will defeat the cult of gender ideology to reassert that God created two genders, Male and Female," Trump said, to a charged crowd of thousands in Waco, Texas, on Saturday.

Former US President Donald Trump, in his first rally for 2024 presidential polls, targeted 'gender ideology' in a reference to diverse gender expressions. "We will defeat the cult of gender ideology to reassert that God created two genders, Male and Female," Trump said, to a charged crowd of thousands in Waco, Texas, on Saturday. Trump rallied in Waco on the same day when the Texas city witnessed conclusion to a prolonged deadly standoff between law enforcement authorities and members of Branch Davidians cult. Trump's 2024 presidential bid: The Jan 6 riot recalled Trump opened the rally by playing a song, 'Justice for All', that features a choir of men imprisoned for their role in the January 6, 2021 rioting in the US capital. These men are shown singing the American national anthem in sync with Trump reciting the Pledge of Allegiance. ALSO WATCH | Gravitas: Trump outsmarts the democrats × Earlier, Trump had predicted his own arrest on Tuesday last week and called for protests without adding that they should be peaceful. On his Truth Social platform he warned of "potential death and destruction" if he is eventually charged. Trump spoke in background of his supporters holding signs that said, "Witch hunt", "I stand with Trump" and "Trump 2024". Trump repeated the claim that the 2020 presidential election was "rigged". He praised the rioters of January 6 and and said that the prosecutors overseeing multiple investigations into his conduct are "absolute human scum". "The thugs and criminals who are corrupting our justice system will be defeated, discredited and totally disgraced," he added. Trump 2024 White House bid: Ron DeSantis 'dropping like a rock' Trump launched a sweeping attack on Ron DeSantis, the governor of Florida, seen as his strongest challenger for the Republican presidential nomination. "He’s dropping like a rock and I wonder why," Trump said of DeSantis’s recent downslide in opinion polls. "But when a man, you know, you get him elected and there’s no quid pro quo. He gets the nomination because of you, he wins the election because of you. Two years later, the fake news is up there saying, 'Will you run against the president? Will you run?’ And he says, 'I have no comment.' I say, that’s not supposed to happen. 'I have no comment.' No. So I’m not a big fan." WATCH WION LIVE HERE You can now write for wionews.com and be a part of the community. Share your stories and opinions with us here.

Trump kicks off 2024 campaign targeting gender expression, Ron DeSantis

<p>Indian embassy in Washington strongly reacted against a physical attack faced by a Press Trust of India journalist while covering a demonstration by the&nbsp;supporters of a died-down separatist movement in North Indian state of Punjab.</p>

<p>"We have seen disturbing visuals of a senior Indian journalist from Press Trust of India being abused, threatened and&nbsp;assaulted physically while covering so called ‘Khalistan protest’ in Washington DC. We understand that the journalist was first verbally intimidated, then physically assaulted, and fearing for his personal safety and well-being, had to call in law enforcement agencies, who responded promptly," Indian embassy in Washington said in an official statement.&nbsp;</p>

<p>"We condemn such a grave and unwarranted attack on a senior journalist. Such activities only underscore the violent and anti-social tendencies of the so called 'Khalistani protesters' and their supporters, who routinely engage in wanton violence and vandalism," it added.</p>

<p>The journalist who was attacked, was covering a pro-Khalistan protest outside the Indian embassy in Washington D.C. on Saturday afternoon.</p>

<p>The US Secret Service, however, quickly sprung into action, and protected the journalist while letting him do his job.</p>

<p>The journalist was hit on his left ear with two sticks by pro-Khalistan supporters.</p>

<p>He also shared a video of the Khalistani supporters on his Twitter handle.</p>

<p>"Thank you @SecretService 4 my protection 2day 4 helping do my job, otherwise I would have been writing this from hospital. The gentleman below hit my left ear with these 2 sticks &amp; earlier I had to call 9/11 &amp; rushed 2 police van 4 safety fearing physical assault," the journalist tweeted on Sunday.</p>

<p>The journalist has reportedly decided to take no action against those who heckled him.</p>

<p><strong>ALSO READ |&nbsp;<a href="https://www.wionews.com/india-news/pro-khalistan-protest-uk-foreign-ministry-calls-violence-at-indian-high-commission-unacceptable-574956">Pro-Khalistan protest: UK foreign ministry calls violence at Indian High Commission ‘unacceptable’</a></strong></p>

<p>"The pro-Khalistan protesters in support of Amrit Pal waved Khalistan flags and descended upon the embassy in the presence of the US Secret Service. They even openly threatened to vandalise the embassy and threatened the Indian Ambassador Taranjit Singh Sandhu," the heckled journalist was quoted as saying by news agency ANI.</p>

<p>The protesters included turbaned men of all ages who raised pro-Khalistan slogans. They came in from different parts of the DC-Maryland-Virginia (DMV) area.</p>

<p>The organisers used mics to make anti-India speeches both in English and Punjabi languages and targeted the Punjab Police for alleged human rights violations.<br />
Multiple events of protests by supporters of Khalistan have been staged outside the Indian embassy and the San Francisco Consulate. Earlier this week, the Indian Consulate in San Francisco was also attacked on March 20.</p>

<p><strong>ALSO WATCH |&nbsp;Pro-Khalistan protest held outside Indian High Commission in London</strong></p>

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<p>Visuals shared online show a huge mob brandishing Khalistan flags mounted on wooden poles, using them to smash glass doors and windows of the consulate building.</p>

<p>They raised pro-Khalistan slogans as they broke through makeshift security barriers raised by the city police and installed two Khalistani flags inside the premises.</p>

<p>The United States has condemned the attack on the Indian Consulate in San Francisco and any attack against diplomatic facilities within the US. The US has pledged to defend the safety, and security of these facilities as well as the diplomats who work within them.</p>

<p>"The United States condemns the attack on&nbsp;the Indian Consulate and any attack against diplomatic facilities within the United States. We pledge to defend the safety and security of these facilities as well as the diplomats who work within them," US State Department spokesperson told ANI.</p>

<p><em>(With inputs from agencies)</em><br />
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Indian embassy in Washington strongly reacted against a physical attack faced by a Press Trust of India journalist while covering a demonstration by the supporters of a died-down separatist movement in North Indian state of Punjab.

Indian embassy in Washington strongly reacted against a physical attack faced by a Press Trust of India journalist while covering a demonstration by the supporters of a died-down separatist movement in North Indian state of Punjab. "We have seen disturbing visuals of a senior Indian journalist from Press Trust of India being abused, threatened and assaulted physically while covering so called ‘Khalistan protest’ in Washington DC. We understand that the journalist was first verbally intimidated, then physically assaulted, and fearing for his personal safety and well-being, had to call in law enforcement agencies, who responded promptly," Indian embassy in Washington said in an official statement. "We condemn such a grave and unwarranted attack on a senior journalist. Such activities only underscore the violent and anti-social tendencies of the so called 'Khalistani protesters' and their supporters, who routinely engage in wanton violence and vandalism," it added. The journalist who was attacked, was covering a pro-Khalistan protest outside the Indian embassy in Washington D.C. on Saturday afternoon. The US Secret Service, however, quickly sprung into action, and protected the journalist while letting him do his job. The journalist was hit on his left ear with two sticks by pro-Khalistan supporters. He also shared a video of the Khalistani supporters on his Twitter handle. "Thank you @SecretService 4 my protection 2day 4 helping do my job, otherwise I would have been writing this from hospital. The gentleman below hit my left ear with these 2 sticks & earlier I had to call 9/11 & rushed 2 police van 4 safety fearing physical assault," the journalist tweeted on Sunday. The journalist has reportedly decided to take no action against those who heckled him. ALSO READ | Pro-Khalistan protest: UK foreign ministry calls violence at Indian High Commission ‘unacceptable’ "The pro-Khalistan protesters in support of Amrit Pal waved Khalistan flags and descended upon the embassy in the presence of the US Secret Service. They even openly threatened to vandalise the embassy and threatened the Indian Ambassador Taranjit Singh Sandhu," the heckled journalist was quoted as saying by news agency ANI. The protesters included turbaned men of all ages who raised pro-Khalistan slogans. They came in from different parts of the DC-Maryland-Virginia (DMV) area. The organisers used mics to make anti-India speeches both in English and Punjabi languages and targeted the Punjab Police for alleged human rights violations. Multiple events of protests by supporters of Khalistan have been staged outside the Indian embassy and the San Francisco Consulate. Earlier this week, the Indian Consulate in San Francisco was also attacked on March 20. ALSO WATCH | Pro-Khalistan protest held outside Indian High Commission in London × Visuals shared online show a huge mob brandishing Khalistan flags mounted on wooden poles, using them to smash glass doors and windows of the consulate building. They raised pro-Khalistan slogans as they broke through makeshift security barriers raised by the city police and installed two Khalistani flags inside the premises. The United States has condemned the attack on the Indian Consulate in San Francisco and any attack against diplomatic facilities within the US. The US has pledged to defend the safety, and security of these facilities as well as the diplomats who work within them. "The United States condemns the attack on the Indian Consulate and any attack against diplomatic facilities within the United States. We pledge to defend the safety and security of these facilities as well as the diplomats who work within them," US State Department spokesperson told ANI. (With inputs from agencies) WATCH WION LIVE HERE You can now write for wionews.com and be a part of the community. Share your stories and opinions with us here.

‘Khalistan’ hooligans attack journalist in Washington; Indian mission deems it ‘grave, unwarranted’

<p>Sport is not just an emotion which can make or bake the spirit of Indian people on a given day. It is also a dominant force in dating, at least for Indians, a new report has revealed.</p>

<p>According to a report by online dating platform Bumble, 78 per cent of Indians surveyed believe cricket matches make for great dates. At the same time, 70 per cent Indians said that they find cricket matches as a helpful parameter to learn about someone’s interest and passion in the sport. About 63 per cent Indians believe they get to know someone’s personality by how they react to a win or a loss.</p>

<h2><strong>The fate of date: Cricket decides?</strong></h2>

<p>The report indicates that cricket decides fate of a date for a significant number of Indians. The report said that 5 per cent of Indians actively seek a romantic ally who enjoys sports. Once they know that a prospective romantic ally has an interest in sports, they go forward to explore a connection with them.</p>

<h2><strong>Cricket brings dating couples together: Report</strong></h2>

<p>The report further added that for about 44 per cent of the individuals in a dating scenario, one liked cricket and the other didn’t. In that case, the latter compromised and they watched it together. While 41 per cent said they spent a lot of time apart.</p>

<p>Further, 32 per cent pointed out that they grew to love it.</p>

<p><strong>ALSO READ |&nbsp;<a href="https://www.wionews.com/trending/tinder-just-launched-a-dating-dictionary-heres-what-its-about-569510">Tinder just launched a 'dating dictionary'. Here's what it's about</a></strong></p>

<p>For close to 1 in 5 people who were dating in a situation where one liked cricket and the other didn’t, it ended their relationship.</p>

<p><strong>ALSO WATCH |&nbsp;WION Fineprint | Right-Wing Dating App struggles in the U.S.</strong></p>

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<p>Bumble's new study highlights that since cricket is often seen as a male-dominated sport, women feel left out as far as their conventional knowledge about it is concerned.</p>

<p>The report said that 71 per cent of women admit to 'finding themselves being mansplained during social conversations (parties, gatherings, events, etc.) about cricket.'</p>

<p>"Mansplaining in sports reflects on everyday sexism and gender biases and is often overlooked. No matter the intention behind it, it is harmful. While you enjoy the matches, don’t offer to explain any rule or strategy unless asked. If you’re asked then explain briefly, free of stereotypes and jibes. It’s important to set clear boundaries to forge healthy and equitable relationships," Samarpita Samaddar, India Communications Director, Bumble was quoted as saying in the report.<br />
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Sport is not just an emotion which can make or bake the spirit of Indian people on a given day. It is also a dominant force in dating, at least for Indians, a new report has revealed.

Sport is not just an emotion which can make or bake the spirit of Indian people on a given day. It is also a dominant force in dating, at least for Indians, a new report has revealed. According to a report by online dating platform Bumble, 78 per cent of Indians surveyed believe cricket matches make for great dates. At the same time, 70 per cent Indians said that they find cricket matches as a helpful parameter to learn about someone’s interest and passion in the sport. About 63 per cent Indians believe they get to know someone’s personality by how they react to a win or a loss. The fate of date: Cricket decides? The report indicates that cricket decides fate of a date for a significant number of Indians. The report said that 5 per cent of Indians actively seek a romantic ally who enjoys sports. Once they know that a prospective romantic ally has an interest in sports, they go forward to explore a connection with them. Cricket brings dating couples together: Report The report further added that for about 44 per cent of the individuals in a dating scenario, one liked cricket and the other didn’t. In that case, the latter compromised and they watched it together. While 41 per cent said they spent a lot of time apart. Further, 32 per cent pointed out that they grew to love it. ALSO READ | Tinder just launched a 'dating dictionary'. Here's what it's about For close to 1 in 5 people who were dating in a situation where one liked cricket and the other didn’t, it ended their relationship. ALSO WATCH | WION Fineprint | Right-Wing Dating App struggles in the U.S. × Bumble's new study highlights that since cricket is often seen as a male-dominated sport, women feel left out as far as their conventional knowledge about it is concerned. The report said that 71 per cent of women admit to 'finding themselves being mansplained during social conversations (parties, gatherings, events, etc.) about cricket.' "Mansplaining in sports reflects on everyday sexism and gender biases and is often overlooked. No matter the intention behind it, it is harmful. While you enjoy the matches, don’t offer to explain any rule or strategy unless asked. If you’re asked then explain briefly, free of stereotypes and jibes. It’s important to set clear boundaries to forge healthy and equitable relationships," Samarpita Samaddar, India Communications Director, Bumble was quoted as saying in the report. WATCH WION LIVE HERE You can now write for wionews.com and be a part of the community. Share your stories and opinions with us here.

Cricket decides fate of date for most Indians, indicates Bumble survey

<p>A breach in security of Indian Prime Minister Narendra Modi was reported during his election road show in Davanagere, about 264 km northwest of Bengaluru, the capital of South Indian&nbsp;state Karnataka on Saturday. In the visuals now confirmed by the state police, a man can be seen running towards Prime Minister Narendra Modi's convoy.&nbsp;</p>

<p>The man was apprehended by police in time and later detained.&nbsp;</p>

<p>The intent of the man, as for why exactly he was running towards PM Modi's convoy, remains unclear.&nbsp;</p>

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<p dir="ltr" lang="en"><a href="https://twitter.com/hashtag/WATCH?src=hash&amp;ref_src=twsrc%5Etfw">#WATCH</a> | Karnataka: Security breach during PM Modi's roadshow in Davanagere, earlier today, when a man tried to run towards his convoy. He was later detained by police.<br />
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(Visuals confirmed by police) <a href="https://t.co/nibVxzgekz">pic.twitter.com/nibVxzgekz</a></p>
— ANI (@ANI) <a href="https://twitter.com/ANI/status/1639631005198811136?ref_src=twsrc%5Etfw">March 25, 2023</a></blockquote>
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<p>Davanagere police officials were not immediately available for an update on the matter, at the time of&nbsp;filing this report. However,&nbsp;the Karnataka police said there was no security breach.<br />
<br />
“There was no breach in security as such of PM at Davangere today. It was an unsuccessful attempt. The man was caught immediately by myself and SPG at a safe distance. Appropriate action is being taken in this regard,”&nbsp;Alok Kumar, ADGP, Law &amp; Order, Karnataka, was quoted by ANI as saying.</p>

<h2><strong>Narendra Modi security breaches: Frequent occurrences?</strong></h2>

<p>This is the second time when Modi's security has been breached in the Karnataka state.&nbsp;Earlier in January, a young man breached PM Modi's security cover in order to garland him in state's Hubbali district.&nbsp;</p>

<p>Narendra Modi and rest of the top functionaries of his Bharatiya Janata Party are frequenting the state of Karnataka in South India as the state is likely to go to polls in June this year.&nbsp;</p>

<p>Prior to this, in January 2022, PM Modi's convoy was stranded for half an hour on a flyover when he was travelling by road from Bathinda airport to Ferozepur in the North Indian state of Punjab. A group of protesters had blocked the road ahead that amounted to a security breach.&nbsp;<br />
<br />
The PM returned without attending any event, including a rally. Later, the Supreme Court appointed a five-member committee to probe the alleged security breach. The committee found that the Ferozepur SSP failed to discharge his duty though sufficient force was available. The SSP failed to to maintain law and order even though sufficient&nbsp;force&nbsp;was available and even though he was informed two hours before that PM will enter that route.</p>

<p>For the January 2022 security breach, three top Punjab Police officials face&nbsp;major penalties, including dismissal, demotion, and reduction in pension, while others have been asked to explain why disciplinary proceedings should not be initiated against them as recommended by a Supreme Court committee that investigated the security breach.</p>

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A breach in security of Indian Prime Minister Narendra Modi was reported during his election road show in Davanagere, about 264 km northwest of Bengaluru, the capital of South Indian state Karnataka on Saturday.

A breach in security of Indian Prime Minister Narendra Modi was reported during his election road show in Davanagere, about 264 km northwest of Bengaluru, the capital of South Indian state Karnataka on Saturday. In the visuals now confirmed by the state police, a man can be seen running towards Prime Minister Narendra Modi's convoy. The man was apprehended by police in time and later detained. The intent of the man, as for why exactly he was running towards PM Modi's convoy, remains unclear. #WATCH | Karnataka: Security breach during PM Modi's roadshow in Davanagere, earlier today, when a man tried to run towards his convoy. He was later detained by police. (Visuals confirmed by police) pic.twitter.com/nibVxzgekz — ANI (@ANI) March 25, 2023 × Davanagere police officials were not immediately available for an update on the matter, at the time of filing this report. However, the Karnataka police said there was no security breach. “There was no breach in security as such of PM at Davangere today. It was an unsuccessful attempt. The man was caught immediately by myself and SPG at a safe distance. Appropriate action is being taken in this regard,” Alok Kumar, ADGP, Law & Order, Karnataka, was quoted by ANI as saying. Narendra Modi security breaches: Frequent occurrences? This is the second time when Modi's security has been breached in the Karnataka state. Earlier in January, a young man breached PM Modi's security cover in order to garland him in state's Hubbali district. Narendra Modi and rest of the top functionaries of his Bharatiya Janata Party are frequenting the state of Karnataka in South India as the state is likely to go to polls in June this year. Prior to this, in January 2022, PM Modi's convoy was stranded for half an hour on a flyover when he was travelling by road from Bathinda airport to Ferozepur in the North Indian state of Punjab. A group of protesters had blocked the road ahead that amounted to a security breach. The PM returned without attending any event, including a rally. Later, the Supreme Court appointed a five-member committee to probe the alleged security breach. The committee found that the Ferozepur SSP failed to discharge his duty though sufficient force was available. The SSP failed to to maintain law and order even though sufficient force was available and even though he was informed two hours before that PM will enter that route. For the January 2022 security breach, three top Punjab Police officials face major penalties, including dismissal, demotion, and reduction in pension, while others have been asked to explain why disciplinary proceedings should not be initiated against them as recommended by a Supreme Court committee that investigated the security breach. WATCH WION LIVE HERE You can now write for wionews.com and be a part of the community. Share your stories and opinions with us here.

WATCH | Man breaches Indian PM’s security, runs towards convoy in Karnataka; detained

<p>If the last half of last year belonged to Elon Musk for his tumultuous Twitter takeover, the ongoing first half of 2023 is being spotlighted upon OpenAI's ChatGPT for the way it has nearly mainstreamed the use of Artificial Intelligence at workplaces worldwide.&nbsp;</p>

<p>This weekend, a blast from the recent past has detonated the anticipatory capabilities of Silicon Valley with several 'what if' reactions.&nbsp;</p>

<p><strong>ALSO READ |&nbsp;<a href="https://www.wionews.com/technology/elon-musk-forming-team-to-develop-ai-rival-of-chatgpt-report-566717">Elon Musk forming team to develop AI rival of ChatGPT: Report</a>&nbsp;</strong></p>

<p>A Semafor report has claimed that Elon Musk stood the chance to be one of the defining faces behind ChatGPT's Artificial Intelligence run. But before OpenAI's ChatGPT could launch its Artificial Intelligence drive into global technological pathways, Musk left OpenAI's board.&nbsp;</p>

<h2><strong>Elon Musk and ChatGPT: What was Twitter owner's role in OpenAI?</strong></h2>

<p>Elon Musk was reportedly a co-founder and board member of OpenAI. He left the OpenAI board in 2018. The official reason cited by Musk when he left the OpenAI board was to avoid a conflict of interest with Tesla.&nbsp;</p>

<p>"As Tesla continues to become more focused on AI, this will eliminate a potential future conflict for Elon," OpenAI had said in a blog post then.&nbsp;</p>

<p><strong>ALSO WATCH |&nbsp;<a href="https://www.wionews.com/videos/chatgpt-takes-the-world-by-storm-within-50-days-of-launch-555307">ChatGPT takes the world by storm within 50 days of launch</a></strong></p>

<p>However, Semafor report points to a failed takeover attempt as the reason behind Musk leaving OpenAI with Sam Altman at the helm of affairs.&nbsp;</p>

<h2><strong>Elon Musk and ChatGPT fallout: What happened?</strong></h2>

<p>According to people familiar with the matter cited by Semafor, Musk told fellow co-founder Sam Altman that he thought OpenAI was lagging behind Alphabet-owned Google in the AI race. Musk reportedly offered to takeover himself but Altman and other co-founders refused, following which Musk left the board, Semafor reported.</p>

<h2><strong>Elon Musk's outspoken criticism of ChatGPT</strong></h2>

<p>In 2019, Musk said he "didn't agree with some of what OpenAI team wanted to do." In 2020, he said that OpenAI "should be more open."</p>

<p>In December, days after ChatGPT was launched, he said, "OpenAI was started as open-source &amp; non-profit. Neither are still true."&nbsp;</p>

<p>On a Twitter thread posted by Altman, Musk commented, "ChatGPT is scary good. We are not far from dangerously strong AI."</p>

<p>Last month, Musk continued his criticisms of OpenAI.</p>

<p>"OpenAI was created as an open source (which is why I named it "Open" AI), non-profit company to serve as a counterweight to Google, but now it has become a closed source, maximum-profit company effectively controlled by Microsoft. Not what I intended at all," he tweeted.</p>

<p>&nbsp;</p>

<p><strong>WATCH WION LIVE HERE</strong></p>

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<p>You can <strong>now write for wionews.com</strong> and be a part of the community. Share your stories and opinions with us <strong><a href="https://www.wionews.com/content-contribution-registration-form">here</a>.</strong></p>


If the last half of last year belonged to Elon Musk for his tumultuous Twitter takeover, the ongoing first half of 2023 is being spotlighted upon OpenAI's ChatGPT for the way it has nearly mainstreamed the use of Artificial Intelligence at workplaces worldwide.

If the last half of last year belonged to Elon Musk for his tumultuous Twitter takeover, the ongoing first half of 2023 is being spotlighted upon OpenAI's ChatGPT for the way it has nearly mainstreamed the use of Artificial Intelligence at workplaces worldwide. This weekend, a blast from the recent past has detonated the anticipatory capabilities of Silicon Valley with several 'what if' reactions. ALSO READ | Elon Musk forming team to develop AI rival of ChatGPT: Report A Semafor report has claimed that Elon Musk stood the chance to be one of the defining faces behind ChatGPT's Artificial Intelligence run. But before OpenAI's ChatGPT could launch its Artificial Intelligence drive into global technological pathways, Musk left OpenAI's board. Elon Musk and ChatGPT: What was Twitter owner's role in OpenAI? Elon Musk was reportedly a co-founder and board member of OpenAI. He left the OpenAI board in 2018. The official reason cited by Musk when he left the OpenAI board was to avoid a conflict of interest with Tesla. "As Tesla continues to become more focused on AI, this will eliminate a potential future conflict for Elon," OpenAI had said in a blog post then. ALSO WATCH | ChatGPT takes the world by storm within 50 days of launch However, Semafor report points to a failed takeover attempt as the reason behind Musk leaving OpenAI with Sam Altman at the helm of affairs. Elon Musk and ChatGPT fallout: What happened? According to people familiar with the matter cited by Semafor, Musk told fellow co-founder Sam Altman that he thought OpenAI was lagging behind Alphabet-owned Google in the AI race. Musk reportedly offered to takeover himself but Altman and other co-founders refused, following which Musk left the board, Semafor reported. Elon Musk's outspoken criticism of ChatGPT In 2019, Musk said he "didn't agree with some of what OpenAI team wanted to do." In 2020, he said that OpenAI "should be more open." In December, days after ChatGPT was launched, he said, "OpenAI was started as open-source & non-profit. Neither are still true." On a Twitter thread posted by Altman, Musk commented, "ChatGPT is scary good. We are not far from dangerously strong AI." Last month, Musk continued his criticisms of OpenAI. "OpenAI was created as an open source (which is why I named it "Open" AI), non-profit company to serve as a counterweight to Google, but now it has become a closed source, maximum-profit company effectively controlled by Microsoft. Not what I intended at all," he tweeted. WATCH WION LIVE HERE You can now write for wionews.com and be a part of the community. Share your stories and opinions with us here.

Elon Musk, who co-founded ChatGPT-maker OpenAI, left before the firm made fortunes

<p>Apple Inc's Taiwanese supplier Pegatron Corp is planning to open its second manufacturing unit in India for which it will pump in $150 million, reports indicated this weekend. The talks are ongoing between relevant stakeholders, two sources with direct knowledge of the matter were quoted as saying by Reuters.</p>

<p><strong>ALSO READ -&nbsp;<a href="https://www.wionews.com/business-economy/apples-management-shake-up-reflects-its-focus-on-india-570188">Apple's management shake-up reflects its focus on India</a></strong></p>

<p>Pegatron plans to add a second facility near Chennai, just six months after opening the first with an investment of $150 million, Reuters reported.&nbsp;&nbsp;</p>

<h2><strong>Apple's shift to India: Why is it important?</strong></h2>

<p>The shift is important amid iPhone maker's partners' ongoing efforts to diversify production away from China.</p>

<p>Apple and its key suppliers have been shifting production away from China as they seek to avoid a potential hit to business due to much-reported US-China trade war amid mounting geopolitical competition between world's top two economies. In recent years, Pegatron has sought to expand its footprint in Southeast Asia and North America.</p>

<p>According to the report, India is seen as the next growth frontier for Apple.&nbsp;</p>

<p>The new manufacturing unit will operate "to assemble the latest iPhones".</p>

<p><strong>ALSO WATCH -&nbsp;Apple's iPhone exports from India surpass $2.5 billion</strong></p>

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<p>According to the India Cellular and Electronics Association, around $9 billion worth of smartphones have been exported from India between April 2022 and February this year, and iPhones accounted for more than 50 per cent of them.</p>

<h2><strong>Apple's India focus: Potential location of&nbsp;second manufacturing unit of Apple supplier</strong></h2>

<p>The talks for starting a second Pegatron facility on lease are ongoing and it will be located inside Mahindra World City near Chennai, just around where the company inaugurated the first plant in September 2022, the report said.&nbsp;</p>

<p><em>(With inputs from Reuters)</em><br />
<br />
&nbsp;</p>


Apple Inc's Taiwanese supplier Pegatron Corp is planning to open its second manufacturing unit in India for which it will pump in $150 million, reports indicated this weekend.

Apple Inc's Taiwanese supplier Pegatron Corp is planning to open its second manufacturing unit in India for which it will pump in $150 million, reports indicated this weekend. The talks are ongoing between relevant stakeholders, two sources with direct knowledge of the matter were quoted as saying by Reuters. ALSO READ - Apple's management shake-up reflects its focus on India Pegatron plans to add a second facility near Chennai, just six months after opening the first with an investment of $150 million, Reuters reported. Apple's shift to India: Why is it important? The shift is important amid iPhone maker's partners' ongoing efforts to diversify production away from China. Apple and its key suppliers have been shifting production away from China as they seek to avoid a potential hit to business due to much-reported US-China trade war amid mounting geopolitical competition between world's top two economies. In recent years, Pegatron has sought to expand its footprint in Southeast Asia and North America. According to the report, India is seen as the next growth frontier for Apple. The new manufacturing unit will operate "to assemble the latest iPhones". ALSO WATCH - Apple's iPhone exports from India surpass $2.5 billion × According to the India Cellular and Electronics Association, around $9 billion worth of smartphones have been exported from India between April 2022 and February this year, and iPhones accounted for more than 50 per cent of them. Apple's India focus: Potential location of second manufacturing unit of Apple supplier The talks for starting a second Pegatron facility on lease are ongoing and it will be located inside Mahindra World City near Chennai, just around where the company inaugurated the first plant in September 2022, the report said. (With inputs from Reuters)

Apple supplier Pegatron veers away from China, in talks to open second unit in India

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