Platform Financial News

Wealthtech platform Share.Market aims to give a new dimension to discount broking in India by offering quantitative research and market intelligence that can facilitate sustained wealth creation for both retail investors and traders. “As we look to scale, we would endeavor to further strengthen our product to help retail and mass affluent investors in investment decision-making and inculcating investment discipline that is necessary for long-term wealth creation,” says Ujjwal Jain, CEO of Share.Market. The wealthtech platform plans to go live with futures & options trading by the end of March, and will look at adding more products to its portfolio in the near future. Edited excerpts from an interview with ETMarkets: How was 2023 for your wealthtech platform, a year that was highly rewarding for equity market investors? Ujjwal Jain: In 2023, our wealth platform experienced significant success, marked by our foray into stock broking with the launch of Share.Market in late August 2023, thereby rounding out our wealth offerings.

Amazon.com said on Thursday it is laying off fewer than 5% of employees at its Buy with Prime unit. Launched in 2022, Buy with Prime gives retailers, who are not Amazon merchants, fulfillment and delivery services through its logistics network.

YouTube and Spotify Technology SA, the world’s most popular video and music services, are joining Netflix Inc. in steering clear of Apple Inc.’s upcoming mixed-reality headset. YouTube said in a statement Thursday that it isn’t planning to launch a new app for the Apple Vision Pro, nor will it allow its longstanding iPad application to work on the device — at least, for now.

Quiver Quantitative — Reddit, the popular social media platform, is advancing its plans for an IPO in March, making it the first major social media company to go public since Pinterest (NYSE:PINS) in 2019. This move comes as Reddit, along with its peers, faces intense competition in the advertising domain from platforms like TikTok and Facebook (META). Reddit's IPO could also be a litmus test for its user community, which has been central to various «meme» stock rallies, including those of GameStop (NYSE:GME) and AMC Entertainment (NYSE:AMC).

More than a half a million beds sold at retailers like Walmart and Wayfair are under recall because they can break during use, which has resulted in dozens of injuries

Crypto exchange Coinbase’s NFT marketplace has released a AI-generated NFT feature.

The introduction of stablecoins into the crypto landscape has proven useful, although some haven’t been as stable as the name implies. Tether (USDT) is one such company that creates stablecoins, and is the most popular stablecoin in the world. The recent USDT creation of one billion tokens on the Ethereum blockchain has surged its market value to almost $95 billion.

Tesla (NASDAQ:TSLA) China announced plans to embark on a countrywide tour to exhibit its leading Cybertruck pickup, as revealed on WeChat, China's social media messaging platform.

Newly unredacted documents from New Mexico’s lawsuit against Meta underscore the company’s historical reluctance to keep children safe on its platforms

Netflix has pleasantly surprised us with an upcoming DVD and Blu-ray release for Wednesday. The anticipation for the series on these formats won't be a prolonged one, indicating a positive sign for the confirmed second season. This suggests a potential trend for future seasons to be released in physical formats, although a Digital release is not on the horizon. While specific details about bonus features remain scarce, it's not expected to include an abundance of extras. Netflix typically focuses on making their streaming platform the primary destination for series content. However, occasional inclusions like a gag reel or deleted scenes aim to entice viewers into purchasing physical copies.

₹ 16.4 lakh and a net loss of ₹5.1 lakh that year according to its registrar of companies’ filings with the ministry of corporate affairs, accessed via business intelligence platform Tofler. SportsBaazi competes with brands like Mobile Premier League, My11Circle and Dream11.

Guwahati: Daikin Airconditioning India Pvt. Ltd. (DAIPL), the fully owned subsidiary of Daikin Industries Ltd., Japan is targeting a turnover of Rs 100 Crore from Northeast India in next fiscal year.

Stranger Things: The First Shadow' has been captivating audiences for several months now. This prequel production provides insights into events preceding the main series. While the original season debuted in 1983, the most recent season unfolded in 1986. In contrast, 'The First Shadow' transports viewers back to 1959, a period touched upon in Season 3 through flashbacks for the Creel family.

Reddit plans to launch its initial public offering (IPO) in March, according to a report from Reuters on Thursday.

Mint. “Since obtaining the PA licence, we have already onboarded over 25,000 accounts (or merchants) that were pending for the past 12 months. With expectations of 45,000 to 50,000 monthly merchant leads going forward, we are confident of a sustained growth of our platform," he added. When there were no new business/merchants coming onto its payments platform due to the regulatory ban, the once-profitable Cashfree—which claims to have about 3-4 lakh merchant base—said it invested more time developing new products and building new lines of businesses.

Pinterest (NYSE:PINS) has been lifted to Buy from Hold at Argus in a note Thursday, with the firm assigning the stock a $45 per share price target.

Financial advisors using the AssetMark wealth management platform will now have access to a new suite of services to boost tax efficiency and outcomes for their clients’ taxable assets.

The investment firm for a member of the multibillionaire dynasty behind Thomson Reuters Corp. is looking to ramp up deal-making in New York City as it targets financial sector investments.

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ALSO READ: Gujarat, Kerala, Karnataka, TN best performing states in startup promotion He added, "If you don’t know how to do money management/ you are not disciplined, then markets are not for you," and added, "I don’t know how to recover from failure everywhere." On receiving an account closure request, Zerodha mailed Kartik, and said, "This request will be processed at our end within 72 hours. While this request is under processing you will not be able to login to our platforms.

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