Platform Financial News

As the Dogecoin (DOGE) price consolidates near $0.16 and close to its 21DMA, investors are questioning whether a pump to $12 could be on the cards after a TradingView trader put forth a compelling bullish price prediction.

Amazon has agreed to acquire MX Player as part of its strategy to expand its portfolio in India’s thriving market for video streaming services.

₹31 trillion on the stock markets on Tuesday.The net asset values of mutual funds too fell, prompting thousands of mutual fund investors to log purchase orders to take advantage of the crash. But many of the orders ended up getting cleared only the following day, when the markets had recovered 3%.This may have caused investors a loss of at least 3% on their mutual fund purchases on 4 June, as per Mint's estimates.

Online trading platform Robinhood Markets (HOOD) agreed to buy European cryptocurrency exchange Bitstamp for about $200 million, in a deal that will expand Robinhood's cryptocurrency and international business, according to a release Thursday.

WhatsApp addressing an issue that caused the emoji keyboard to crash for some Android users.The feature tracker, WABetaInfo, revealed that the new status update interface is included in the WhatsApp beta for Android version 2.24.12.20. Although some beta users received this update in earlier versions, it has now been extended to a larger group with the latest release.A shared screenshot by WABetaInfo indicates that the status updates now feature a larger thumbnail, replacing the smaller circular preview.

Robinhood Markets has announced an agreement to acquire Bitstamp Ltd ., one of the oldest and most respected cryptocurrency exchanges, in a $200 million all-cash deal.

Founded in 2011, UK-based Bitstamp has over 50 active licenses and registrations globally and will bring in customers across the EU, UK, US and Asia to Robinhood, helping the platform take on major exchanges such as Coinbase. Bitstamp’s core spot exchange, with over 85 tradable assets, and products like staking and lending, will also help Robinhood move beyond the retail market and secure institutional clients. Johann Kerbrat, GM, Robinhood Crypto, says: “Through this strategic combination, we are better positioned to expand our footprint outside of the US and welcome institutional customers to Robinhood.” The Bitstamp team will join Robinhood when the deal closes in the first half of next year, subject to closing conditions.

₹1.48 crore for violating Companies Act, 2013 by marketing unlisted non-convertible debentures (NCDs) on social media. The ministry order was issued on 3 June, months after Sebi barred the company from the securities market pending an investigation into allegations that it made money through unauthorised investment schemes. The fine was issued under Section 42(7) of the Companies Act, 2013, which says, “No company issuing securities under this section (read: unlisted securities) shall release any public advertisement or use any media, marketing or distribution channels or agents to inform the public at large about such an issue." Founded by Rituraj Sharma and Krishnna Joshi, Growpital’s business model was straightforward: pool money from retail investors into a limited liability partnership (LLP) company they operated, use that money to lease agricultural land and engage in farming, and give investors the tax-free returns they were promised.

telecom regulator has called on mobile users to report fraudulent calls, text messages and WhatsApps from third-party agencies falsely claiming to be the Telecom Regulatory Authority of India (Trai) and threatening disconnections.

CocaCola said demand from in-home and out-of-home consumption have skyrocketed in the east, north, and central India.Anticipating a surge, the companies kept inventory ready and are ensuring that the products are available for consumers across retail platforms, including e-commerce."With temperatures soaring across the country, consumers are looking for refreshing and hydrating beverages to beat the heat this summer," a PepsiCo India spokesperson said.The company, which has beverage brands such as 7UP, Nimbooz, Pepsi, Slice, Mountain Dew, Gatorade, and Sting, is ensuring availability of its products during the surge."Further, given the surge in demand, we are ensuring that our products are available across all retail and e-commerce platforms, catering to both in-home and out-of-home demand, making it easier for everyone to stay cool and refreshed during the hottest months of the year," he said.Coca-Cola India said as the summer season reaches its peak, the Indian beverage market has gained significant momentum.The maker of Coke, ThumsUP, Maaza, Sprite, and Minute Maid has been witnessing consistent growth in terms of sales."With a steady rise in demand, we expect to remain bullish in our sparkling, hydration and juice segments, refreshing consumers with our carefully curated beverages for life portfolio," said a Coca-Cola India spokesperson."With a surge in both, in-home and out-of-home consumption, our endeavour is to continue scaling the distribution through traditional as well as newer emerging channels.Havmor Ice Cream -- now part of South Korean confectionery company LOTTE Wellfood Co -- said it has increased production as the demand for the year has surpassed last year's."Last year, we witnessed one of the warmest

AMSTERDAM, Netherlands — Corporate payments startup Payhawk told CNBC it is planning mergers and acquisitions to grow its footprint in the U.S. and take on big players in the space like SAP and venture-backed firms Brex and Ramp.

Cosmic Kittens (CKIT): Best presale to buy currently Cosmic Kittens (CKIT) will boast utility in the crypto gaming space. The thriving sector has been attracting numerous new players recently, positively impacting the adoption potential of most projects in the space. This implies that Cosmic Kittens (CKIT) will likely enjoy higher adoption. Higher adoption could put the new presale coin on a success pedestal, increasing its chances of booming. This is one of the numerous reasons market players see CKIT as a good crypto purchase.

Longer talktimes, lower incentives: edtech turns up the heat on its employees Edtech startups have been struggling with falling sales and muted investor sentiment over the past few years. According to data from research platform Tracxn, funding for Indian edtech firms surged from $599 million in 2019 to $4 billion in 2021 as covid forced students to learn from home. However, investment in the sector dropped to about $312 million in 2023, and stands at about $182 million in the first five months of 2024.

Vestwell is solidifying its leadership in the 401(k) space through a new collaboration with JPMorgan.

Australia’s online safety watchdog has dropped her Federal Court case aimed at forcing X Corp. to take down a video of a Sydney bishop being stabbed

Voters in the European Union are set to elect lawmakers starting Thursday for the bloc’s parliament, in a major democratic exercise that’s also likely to be overshadowed by online disinformation

YouTube is changing its rules to protect its youngest users from potentially harmful firearm videos

German software giant SAP has agreed to buy WalkMe in an all-cash deal valued at about $1.5 billion

₹499, providing 3GB of high-speed data per day for 28 days, along with a three-month Disney+ Hotstar subscription. Additionally, subscribers gain access to over 20 OTT platforms on Airtel Xstream Play at no extra cost.

Tales of the Shire, a new video game set in the world of The Lord of the Rings, will soon be available on Netflix Games. The game, developed by Wētā Workshop, offers fans a chance to experience life in the Shire.

is the sixth g is the sixth game in Capcom’s popular series. Here’s what we know about the release date, platforms, trailer and more.