Platform Financial News

For many years now, the Middle East has been the home to a growing sense of economic dynamism and an increasing appetite for the latest investment opportunity.

New Delhi: Fees of big actors, which had taken a jump after streaming platforms started buying films for huge amounts, are now correcting as the platforms turn conservative on the films they purchase. “There is a more cautious and tailored uptake of content by trade (streaming platforms), in light of which everyone in the value chain, be it actors or crew, need to recalibrate and realign with market forces and realities," said movie producer Tanuj Garg, who is managing partner at Ellipsis Entertainment.

BENGALURU : Audio entertainment platform Pocket FM has raised $103 million in its Series D funding—its largest yet—providing more evidence of the funding freeze easing up for startups demonstrating a clear path to growth. The company’s valuation has nearly doubled in the latest fundraise, to about $750 million from $390 million when it previously raised $65 million in its Series C round in March 2022.

For many years now, the Middle East has been the home to a growing sense of economic dynamism and an increasing appetite for the latest investment opportunity.

Blockchain-based Web3 game development platform Sequence is bringing Web3 gaming tools and solutions to Google Cloud users.

LS Digital, a leading independent digital marketing transformation company, has launched CoMMeT, a technology for programmatic marketing that is specifically designed to ease the challenges faced by brands and advertising agencies during the media buying, optimisation, and measurement processes. According to the company, CoMMeT helps centralise and automate the complex media buying process. It is built using third-party and LS Digital's proprietary marketing tools, deploying innovations, integration of APls with ad technologies, AI, and advanced measurement for data-driven insights. CoMMeT is an acronym for Confluence of Media, Measurement, and Technology. Speaking at the launch of CoMMeT, Maanesh Vasudeo, Senior VP-Media Operations, LS Digital, said, “CoMMeT is an innovative technology for programmatic marketing that leverages the integration of various digital marketing products to bring together the best-in-class marketing solutions and measurement process for brand custodians, simplifying the programmatic adoption journey for brands.”

SSC GD Answer Key: The Staff Selection Commission (SSC) is likely to release the answer keys for the recently concluded SSC GD Constable 2024 exam on their official website, https://ssc.nic.in/, on Wednesday, March 20, Hindustan Times reported. The computer-based test (CBT) for Constable vacancies across Central Armed Police Forces (CAPFs), SSF, and Rifleman (GD) in the Assam Rifles was conducted from February 14 to March 7, 2024. The Staff Selection Commission (SSC) has undertaken a massive recruitment drive to fill 26,146 vacancies across various Central Armed Police Forces (CAPFs).

Free Fire redeem codes typically consist of 12 to 16 characters, comprising a combination of letters and numbers. Each code offers users access to a variety of exciting in-game rewards, including outfits, weapon skins, gaming bundles, diamonds, characters, and more. This presents an enticing opportunity for players to accumulate diamonds, which can then be utilized within the game.

the funding winter for startups may thaw this year, several companies, not counting Byju's, are struggling to raise capital and have defaulted on payments to vendors and employees. Nanotechnology startup Log9 Materialsand health-tech startup Red.Health have recently struggled with payment of dues on the back of liquidity concerns amid funding constraints. Dental-tech startup Dezylaid off nearly 200 employees and hadn't paid severance to several of them.

Punjab government of harassment after the birth of their second son. Balkaur Singh and his wife Charan Kaur welcomed a baby boy on March 17, almost two years after Sidhu Moosewala was tragically murdered.

Eicher Motors jumped 6% on Wednesday to hit the day's high of Rs 3,940 after UBS upgraded the stock to 'Buy' from an earlier 'Neutral' rating while raising its price target to Rs 5,000 from Rs 4,300. With today's gains, the rally has extended to two sessions in a row. Over 13 lakh shares were trading on the NSE around 10:15 am with the traded value standing at Rs 531.50 crore. It was also the top Nifty gainer around this time.

Narendra Modi on Tuesday lauded the entrepreneurial spirit of India's youth, and said the startup ecosystem is flourishing at an unprecedented pace. «Through Startup India mission, the government has given a platform to innovative ideas, connected them to funding channels, established incubators in educational institutions,» PM modi said on the third day of Startup Mahakumbh at Bharat Mandapam.

The top Argentinian financial regulator says it plans to “supervise” the Latin American nation’s crypto service providers.

Fintech Flourish is capturing a bigger share of Focus Financial Partners’ tech stack as it unveils a new partnership.

ISLAMABAD: An earthquake of 5.5 magnitude struck Pakistan on the wee hours of Wednesday, the National Centre for Seismology reported. The earthquake occurred at 2:57 am (IST) and its depth was measured at 105 km.

Aseefa Bhutto Zardari, the youngest daughter of Pakistan President Asif Ali Zardari, has formally entered the political arena by submitting her nomination for the National Assembly seat that her father has vacated. Aseefa filed the nomination for by-elections at the NA-207 constituency in the Sindh province on Sunday.

₹5,600 crore debt from state run Power Finance Corporation (PFC) and REC last year. The company, which is focused on the commercial and industrial (C&I) segment, plans to develop 4 giga watt (GW) of renewable energy capacity—2.55 GW solar power and 1.4 GW wind power. “Serentica is on a rapid growth trajectory and will explore different avenues of capital including internal accruals to fund this growth," a company spokesperson said in an emailed response to Mint’s queries.

Investments have always been synonymous to ladies, however with planned investment taking over, it has given women with financial independence and long-term security which empowers them to create wealth for the whole family and provide a safety net in the face of unexpected emergencies. 

(Reuters) — Nvidia (NASDAQ:NVDA) unveiled its next big AI chip along with several partnerships and software tools at its annual developer conference this week, seeking to maintain its lead in the race to power the artificial intelligence boom.

NEW YORK (Reuters) — Facebook owner Meta Platforms (NASDAQ:META) is not expecting to receive shipments of Nvidia (NASDAQ:NVDA)'s new flagship artificial intelligence chip this year, a Meta spokesperson told Reuters.

By Foo Yun Chee