Platform Financial News

Tesla shareholders reaffirmed a pay award worth more than $45 billion for Elon Musk on Thursday, but before the announcement was made official at the company's annual meeting in Austin, Texas, Musk posted the news on X, his social media platform. «Both Tesla shareholder resolutions are currently passing by wide margins!» he wrote in a post late Wednesday. «Thanks for your support!!»

Tesla shareholders were voting in favor of a $56 billion pay package for Elon Musk and to move the electric vehicle maker's legal home to Texas, the CEO said on social media on Wednesday. «Thanks for your support!» Musk said on his social media platform X late Wednesday. In his post, Musk included charts showing that the resolutions were set to pass, though shareholders are allowed to change their vote up to the start of the annual meeting.

In a recent interview at Consensus 2024 in Austin, Texas, Rachel from Cryptonews sat down with Harry Zhang, the CEO and co-founder of Galxe, to discuss his company’s latest advancements and offerings. This conversation covered various aspects, including the significance of digital identity in Web3, the role of AI in trading, and the launch of Galxe’s Gravity L1 blockchain. Here are the key takeaways from their insightful discussion:

MCA) has slapped penalties totalling Rs 8,14,200 on Samsung Display Noida Private Ltd, its managing director Seung Kyu Lee and three others for alleged violation of the significant beneficial owner (SBO) norms under the Companies Act, 2013. In its order dated June 12, reviewed by ET, the Registrar of Companies (RoC) for Uttar Pradesh under the MCA has said the company «has failed to exercise the due diligence to ascertain the SBO in terms of the provisions of the section 90 of the Act». As per Samsung Display Noida's February 2024 letter cited in the order, it's fully owned by Samsung Display Co (Korea), which, in turn, is 84.8% owned by Samsung Electronics Co (Korea). Section 90 of the Companies Act, 2013, typically requires companies to disclose their significant beneficial owner details to authorities.

A24 comes "Tuesday," a compelling fantasy drama starring Julia Louis-Dreyfus. As this highly anticipated film makes its way to theaters, many are wondering about the streaming options. Here’s all you need to know about where and how to watch «Tuesday.»

real estate but didn’t have those big bucks? You can still invest with little money in the sector. The sector provides steady income and high returns in many cases. The demand for housing is high and many cities in the world are facing a housing crisis. This gives an opportunity to the investors to gain immensely even with small amounts of investments. There are many ways to invest with small amounts of capital in the sector. Some of these methods include investing in Real Estate Investment Trusts (REITs), House Hacking and even crowd funding certain investments.

Social media platform X is now hiding your likes

Fox Sports has acquired the rights to broadcast IndyCar starting in 2025

The left-of-center politician aiming to become Britain’s prime minister in three weeks’ time is promising to lead a government that’s both “pro-business and pro-worker” and restore stability after years of economic and political turmoil

The European Commission is asking three of the world’s biggest pornography sites to provide details of the measures they have taken to better protect minors from accessing their content and prevent gender-based violence

₹3,000 crore in Maharashtra, according to a recent announcement by the state’s Industries Minister, Uday Samant. The investment, confirmed during Samant's visit to Germany, is expected to significantly boost employment in the region.During his tour, Minister Samant engaged in discussions with senior executives of Mercedes Benz, exploring various avenues for investment within the state.

Leading crypto exchange Margex has just announced a $5 million airdrop of BOOK OF MEME (BOME) tokens.

As the Dogecoin (DOGE) slides and eyes a test of its recent lows, its investors are shifting their sights to a new Bitcoin ICO called 99Bitcoins (99BTC), with some talking about potential 1,000% or more than 10x returns.

Tata Motors' electric vehicles, the Tata Nexon EV and Tata Punch EV, have received five-star safety ratings in the latest Bharat NCAP crash tests. These electric SUVs excelled in both the adult and child occupant safety categories, adding to their appeal as safe and reliable choices for consumers.

Fractional ownership is becoming more and more common with high-end items like art, real estate, and antiquities. These investments are more broadly available as this method enables many individuals to own a piece of a valuable asset.

The conference hall in Pune was packed. To retail investors who have long complained about low interest rates, an indicative 10% rate on idle savings seemed like a great deal. The questions came thick and fast after Gautam Adukia, co-founder at peer-to-peer lending platform LiquiLoans, concluded his presentation. 

Fidelity and Envestnet are building on their more than two decades of partnership, which has grown to include more than $500 billion across managed accounts, to deliver a new suite of unified wealth and advisory solutions.

IT sector, according to a report released on Thursday. The highest share of job postings for freshers was witnessed by the IT and staffing industry with over 32 per cent and 12 per cent share of jobs, respectively, dedicated to entry-level professionals, foundit (formerly Monster APAC & ME) report on fresher hiring trends. Additionally, it revealed that the demand for freshers has increased 5 per cent over the last six months. The report is based on an analysis of data on foundit platform from May 2023 to May 2024.

LPL has bolstered its advisory presence further in Illinois as a veteran pair from Stifel embark on a long-planned journey of professional independence.

The decentralized finance (DeFi) landscape is experiencing rapid evolution, and at the forefront of this transformation is ONI DEX. Poised to become the largest and most innovative decentralized exchange (DEX) in 2024, ONI DEX introduces a suite of groundbreaking features that distinguish it from other platforms. With multi-chain capabilities, pioneering support for the GALA Chain, dynamic launchpads, the ONI Token sale, the unique Spheres passive income model, Web3 gaming, and the ONI Talk social network, ONI DEX is set to revolutionize how users interact with digital assets and blockchain technology.

Reliance Industries' Jio Platforms and Luxembourg-based SES to provide gigabit fibre internet has won approval from the Indian space regulator to operate satellites there, a government executive said. The three approvals issued to Orbit Connect India — which aims to provide satellite-based high-speed internet access — come as companies from Amazon.com to Elon Musk's Starlink have been vying for the go-ahead to launch satellite communication services in the world's most populous nation. The authorisations have not been previously reported. They were granted in April and June from the Indian National Space Promotion and Authorisation Centre, known as IN-SPACe. These allow Orbit Connect to operate satellites above India, but further approvals are needed by the country's department of telecoms to begin operations.