Action Financial News

02.08 / 18:57
COST SEC Platform Action social travelers Did the creator of IRL use millions in investor funds for lavish weddings and luxury vacations?
IRL, a social networking platform that assists Gen Z users in locating real-world events, has raised $170 million from investors, including SoftBank. IRL was promoted as a cutting-edge substitute for Facebook Groups, with substantial user participation. But last year, the app was taken down due to the discovery that the majority of its user base was fraudulent, which prompted SoftBank to file a different case.
02.08 / 18:07
Hollywood Citi Dash Action performer reports Paris Olympics closing ceremony: Is Tom Cruise planning for a major stunt?
Tom Cruise, whose very latest 'jumping off a cliff on a bike' stunt from the Mission Impossible series is still fresh in the minds of his fans, is planning for yet another grand stunt, this time during the closing ceremony at the Paris Olympics 2024. This will be a one of a kind live stunt which the viewers will be able to see in real time, making the concept much more enthralling.
02.08 / 16:24
Platform Action Software Interface reports Features Updates eMoney revamps advisor UX with Decision Center updates
Financial advisors and their clients on the eMoney platform can look forward to an improved planning experience, courtesy of fresh updates from the financial planning software firm.
02.08 / 15:10
Provident Action Mobile performer voice information reports Trai tightens quality norms around 4G and 5G networks
4G and 5G networks which will the prevalent technologies going forward, while relaxing those around legacy but dying 2G and 3G networks. Further, to achieve time bound action on quality of service (QoS) related isissues the Telecom Regulatory Authority of India (Trai) Friday introduced provisions for financial penalties for all services. For the first time, the Trai notified QoS benchmarks for 5G services as the technology was launched in October 2022 in India. The new parameters released by Trai will be used to measure quality of fixed, wireless and broadband services, with an aim to reduce instances of call drops and improve quality of telecommunication services for consumers. The new regulations come into effect from October 1.
02.08 / 14:09
markets UPS Action Cycling track skydiving The interest rate easing cycle is starting to get real
North American interest rates aren’t just falling; they’re skydiving. With the U.S. Federal Reserve hinting at a possible September rate cut, inflation improving and economic data limping in weaker, it’s clear to markets that elevated rates have overstayed their welcome.
02.08 / 13:23
UPS Action Election WhatsApp country reports Stopping infiltration is everyone's responsibility, not just Centre's: Himanta
Assam Chief Minister Himanta Biswa Sarma on Friday asserted that it is everyone's responsibility to stop infiltration, not just that of the Union government. He also sought to know the «formula from Rahul Gandhi on how to conduct caste survey without disclosing one's own caste». Interacting with reporters here, Sarma, the BJP's Jharkhand election co-incharge, said, «Santhal Pargana region in Jharkhand has been worst affected by infiltration. The population of infiltrators has gone up by 50-60 per cent in various constituencies in the region in the last 20 years and the situation could become like that of Assam.» He claimed that the Muslim population in Assam rose from 12 per cent in 1952 to 40-42 per cent at present, mainly due to infiltration.
02.08 / 07:18
Action Strategy Election Kandi 2020 reports Investigations US visa fraud: Former Congress candidate accused of manipulating H-1B system
Kandi Srinivasa Reddy, a former Congress candidate from Adilabad who contested the 2023 Telangana assembly elections, is facing serious allegations of rigging the US H-1B visa lottery system. According to an investigative report by Bloomberg, Reddy allegedly increased the odds for his staffing company clients by submitting multiple applications under different company names for the same individuals. Reddy has denied the accusations, asserting that his actions are within legal bounds. «Filing multiple entries is legal,» Reddy said, questioning why he was being singled out when 5,000 other companies reportedly employ similar strategies. He further clarified that his firms have secured only 302 visas out of 425,000 in the past five years. An NRI entrepreneur, Reddy founded Cloud Big Data Technologies LLC in 2013. Bloomberg's report indicates that Reddy's firm, along with other entities he controls, submitted over 3,000 entries, acquiring a substantial number of H-1B visas since 2020. The H-1B visa lottery, a key aspect of US employment policy for foreign workers, allocates a limited number of visas to skilled individuals. In 2023, 446,000 applicants vied for just 85,000 available visas.
02.08 / 05:32
markets Provident Digital Platform Action ByBit ByBit Pulls Out of France, Citing Increasing Regulatory Pressures
ByBit on Thursday announced its departure from France due to recent regulatory actions by the French authorities. The company said that it would no longer offer products and services to French nationals and residents.
01.08 / 23:40
markets Bitcoin news Action security Trade Bitcoin Bitcoin Price Nosedives as Core Team Uncovers Critical Security Flaws
Amidst a tumultuous market, Bitcoin (BTC) has shown both resilience and volatility, recently failing to breach the coveted $70,000 mark.
01.08 / 22:41
Action Racing security Swimming archery judo Paris Olympics 2024 schedule for today, Friday, August 2; events, live streaming and all you need to know
Paris Olympics 2024 schedule for August 2, which is the seventh day of the sporting action, will be one of the most intense few hours. This is because as many as 23 gold medals lie in wait for the countries gunning for the top prize at the respective medal events. Be it the BMX racing finals or judo, there are some major surprises, shocks, and dominance lying in wait for all Olympic viewers on Day 7.
01.08 / 22:10
UPS Action Entertainment Features Sporting WWE's SummerSlam to be filled with action - and lots of sponsors
Just days away, WWE is gearing up for this year’s SummerSlam, which promises to bring lots of action — and sponsorships
01.08 / 17:02
markets Action security Research trends Trade Courts Securities class actions are another thing being accelerated by AI
Securities class action filings increased in the first half of 2024 as artificial intelligence related lawsuits became a trend.
01.08 / 05:03
markets Google Action Intuit blues information gatherings Faced with OpenAI’s SearchGPT, Google must resolve its own AI dilemma first
Arguably the best business model ever invented, other than the illegal one of peddling drugs, is search. This is a $200 billion plus market today, with gross margins estimated at 60%, growing at 10% every year and projected at $371 billion by 2031. As we all know, one player dominates this lucrative market: Google, with a highly enviable 90%-plus market share.
01.08 / 02:44
markets UPS Action Gap security Trade rights Sebi’s right about the derivatives boom: The market’s tail mustn’t wag the dog
₹5 lakh to ₹15-20 lakh, higher upfront margins to be paid for trades, allowing only one weekly expiry per exchange (as opposed to daily), and the intraday monitoring of position limits. These and other steps would be in addition to the action it took earlier. On its part, the Centre’s budget has doubled the securities transaction tax on futures and options.
01.08 / 02:18
markets Action security Research Trade GIFT Nifty signals a positive start for D-Street. Here's the trading setup for today's session
Domestic markets traded sideways throughout the day on Wednesday to close near day's high. Nifty gained about 3% in the month of July supported by growth led budget and second month consecutive buying by FIIs. «We expect this momentum to continue with sectorial rotation at play,» said Siddhartha Khemka, Head — Retail Research, Motilal Oswal.
31.07 / 23:11
Citi Progressive Action Swimming aquatics Are full-body swimsuits allowed at the Paris Games? Know some interesting rules about swimming at the Olympics
Paris Olympics action is currently in progress with swimming being one of the primary actions here in the La Defense Arena in the city as Team USA and others are on the hunt for multiple gold medals from the various swimming events that lie ahead. Although, the road ahead seems quite tough for the athletes as the pools in France seem 'slow' to them, as they are not nearing world records quite easily, according to a previous ET report.
31.07 / 21:50
Twitter CEO Platform Action Fighting social Features Top soccer leagues and broadcasters send letter to X demanding more action against illegal content
Some of Europe’s main broadcasters and top soccer leagues have sent a letter to the CEO of social media platform X, Linda Yaccarino, demanding more action against the distribution of illegal content
31.07 / 21:47
markets BTC Bitcoin news ETF Action Bitcoin Bitcoin Price Prediction: Mt. Gox Moves Another $2 Billion in BTC – What Happens Next?
Bitcoin price has recently reversed its bearish trend, trading near $64,900. This shift is driven by renewed investor confidence and a global crypto market cap increase to $2.38 trillion.
31.07 / 20:14
Action security wellness Basketball stars Sporting Simone Biles and Shaquille O’Neal’s image depicting their height difference resurfaces amid Paris Olympics action
Simone Biles and Shaquille O’Neal are two sport stars from US, who are well known for their respective fields. However, one thing that definitely sets them apart is their height, as a 7-foot-1 O'Neal looks gigantic beside a 4-foot-8 Biles, an picture of which has become a sensation yet again on social media.
31.07 / 16:58
markets FIVE Action Death MCD Department Coaching centre deaths: MCD seals five more basements of coaching institutes, tally reaches 35
coaching institutes in West Delhi and South Delhi zones making the total tally reach 35 since Sunday, according to civic body officials. The MCD on Wednesday sealed three basements of coaching institutes in West Delhi and two in South Delhi zones in action against establishments using the basements for commercial purposes.

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