Platform Financial News

18.12 / 07:27
Digital Platform track end FTX files plan to end bankruptcy, pay crypto creditors billions
FTX Trading Ltd. unveiled its latest proposal for returning billions of dollars to customers and creditors, kicking off a final round of potential squabbles about how best to end the bankruptcy case of the fraud-tainted crypto firm. The reorganisation plan left some of the most important questions unanswered, including whether FTX will restart its defunct crypto exchange, how the company will estimate the value of some digital tokens and how much creditors can expect to get back.
18.12 / 06:37
Platform Mobile Remark ByteDance NetEase track Tencent turns to ByteDance in gaming showdown with NetEase
Tencent Holdings is relying on one-time bitter rival ByteDance to promote its most important video game release in years, in a sign of warming relations as well as intensifying competition as China's gaming industry returns to growth. Tencent released on Friday mobile party game "DreamStar" that it hopes to challenge «Eggy Party», a similar offering from NetEase which has become a surprise hit this year with 100 million monthly active users.
18.12 / 06:33
Platform Instagram show social reports gatherings ‘They’re even scared of Imran Khan’s AI,’ Pakistani netizens react as internet slowdown during PTI's virtual meet
Pakistan experienced a widespread outage, with users reporting difficulties accessing social media platforms, according to Dawn, citing Internet monitor Netblocks. As reported by ANI, the disruption coincided with the virtual event organized by former Prime Minister Imran Khan's Pakistan Tehreek-e-Insaaf (PTI), scheduled to commence at 9 pm, resulting in the entire social media platform going offline.
18.12 / 06:33
IPO Booking Platform show track information share price Multibagger stock: Dev IT share price hits life-time high after this acquisition update. Do you own?
Multibagger stock: Dev IT shares are one of the multibagger stocks that Indian stock market has delivered in last few years. This small-cap IT company stock has been in uptrend after ushering in FY23.
18.12 / 05:53
Provident Telegram Platform CoinMarketCap Remark Bitcoin performer Shiba Inu Price Prediction as SHIB Declines Over 15% in 24 Hours – Can SHIB Reach $1?
In a remarkable turn of events, Shiba Inu (SHIB), a token once considered a mere speculative asset in the vast and volatile cryptocurrency market, has seen an astonishing surge of 20% during the weekend.
18.12 / 04:03
FIVE Coinone Platform Crypto Exchange reports South Korean Crypto Exchanges Scrap for Survival as Upbit Dominance Wanes
A “tectonic rift” is threatening to separate the South Korean crypto exchange Upbit from its rivals, as tensions begin to fray between domestic platforms.
18.12 / 03:35
Target Platform Racing President social Sharad Pawar shuns ageist comment, ‘Not old, can still straighten some people…’
Sharad Pawar took a swipe at his age critics on Sunday, saying that he had not grown old and still had the power to "straighten some people out." Pawar was speaking at a bullock cart race programme organised on the occasion of his birthday in Haveli taluka of Pune's rural part. Addressing the crowd, Sharad Pawar said, "I have a complaint with you people. You people often comment on my age that I am 84 years old, I am 83 years old, what have you people seen in me till now? I have not become old.
18.12 / 02:39
Citi Platform reports Taiwan reports more suspected Chinese weather balloons crossing Taiwan Strait
weather balloons flew across the sensitive Taiwan Strait on Sunday but stayed well to the north of Taiwan, the island's defence ministry said on Monday, the second time this month Taipei has reported them nearby. The potential for China to use balloons for spying became a global issue in February when the United States shot down what it said was a Chinese surveillance balloon, but which China said was a civilian craft that accidentally drifted astray. Taiwan is on high alert for Chinese activities, both military and political, ahead of the Jan. 13 presidential and parliamentary election.
18.12 / 00:51
Digital Aware Platform show information reports PhonePe explored investment in Dunzo’s merchant business
PhonePe recently made an offer to cash-strapped Dunzo to invest a significant amount in its merchant network business, at a time the latter is desperately seeking cash, sources aware of the talks said. The proposal, however, didn’t move forward due to concerns among the troubled startup’s investors due to the strategic nature of PhonePe, which is majority owned by Walmart after its split from ecommerce firm Flipkart, these sources involved in the discussions said.
18.12 / 00:51
Citi Booking Platform Gap Mobile reports travelers Uber pushes intercity, reserve rides, leans on longer trips
Uber is increasing efforts in India for new mobility verticals such as intercity rides, hourly rentals and reserved bookings, some of which have seen more than 40% year-on-year growth over the past 12 months. The company has expanded the intercity service to around 100 cities and is adding new features to the offering that increases the average ticket size on the platform. In the last two months, it has allowed users to book roundtrips on their intercity rides.
18.12 / 00:51
Platform economy voice innovations reports open Hindi LLM maker Sarvam AI to open platform for business
Sarvam AI, the newly launched artificial intelligence startup which released its Hindi language model ‘OpenHathi’ last week, will soon launch a platform that businesses can leverage for their needs. Founded by former AI4Bharat researchers Vivek Raghavan and Pratyush Kumar in July, Chennai-headquartered Sarvam is planning to release models in other Indian languages in the coming weeks.
18.12 / 00:51
Manufacturing Platform Software economy pandemic show electronic Laptop company Primebook grabs 3% market share in first year
Floydwiz Technologies has grabbed nearly 3% of the Indian laptop market with its Primebook brand of affordable devices in just nine months of entering the online marketplace, according to its co-founder, Chitranshu Mahant, who expects sales to touch 50,000 units by the end of 2023. The company has a revenue of Rs 10 crore per month and is projected to touch Rs 60 crore for 2023 at this run rate, Mahant told ET.
18.12 / 00:51
Citi Digital Platform Dreams stage Inside reports Unicorn Slice eyes $100 million to fuel its banking dreams
Slice is in talks for a $100 million equity funding round, according to three people in the know. Early conversations have happened with existing backers, but the leadership is looking to get an external investor to lead the round. The talks are still at an early stage and, given the overall funding winter, might take a few months to close, the people said.
17.12 / 21:37
Digital Platform Strategy film Persona rock Priscilla movie OTT release: Where to watch online?
The A24 biopic is centered around the following premise: «When teenager Priscilla Beaulieu encounters Elvis Presley at a party, the iconic rock 'n' roll superstar transforms into an entirely different persona in private moments: an exhilarating crush, a companion in solitude, and a tender best friend.»
17.12 / 21:37
Platform Entertainment President country Inside hospital Swiggy's 'collection fee' sparks dispute with restaurants
Swiggy's decision to charge 2% collection fee on all orders starting December 20 is an «unwelcome distraction», the country's leading restaurant body said on Sunday. The National Restaurants Association of India (NRAI), which represents over 500,000 companies across the country, also said restaurants will seek clarity from the food delivery platform in the coming days. «December is supposed to be the best month of business for us; for Swiggy to unilaterally come up with this suddenly in peak season is definitely an unwelcome distraction,» said Sagar Daryani, vice president of NRAI. Swiggy's move is «nothing but a way of indirectly increasing commission costs», alleged Daryani who is also founder and chief executive of Wow! Momo chain of restaurants. Swiggy did not respond to ET's email seeking comments till press time Sunday. The platform, in an email to restaurant partners, said it will charge a standardised 2% collection fee on all orders effective from December 20. «This fee is for facilitating seamless customer payments on the Swiggy platform.
17.12 / 18:57
Provident Digital Extreme Platform Discover information prevention Hong Kong SFC Warns Against Crypto Entities HongKongDAO and BitCuped for Suspected Fraud
A substantial warning has been issued by the Securities and Futures Commission (SFC) of Hong Kong against two cryptocurrency firms, namely Hong Kong Digital Research Institute (commonly known as HongKongDAO) and BitCuped, both of which are accused of engaging in fraudulent operations.
17.12 / 17:21
Progressive Platform Action Compilation Strategy stage exclusive Jujutsu Kaisen Season 2 Episode 22: When can you witness the intense clash of Mahito and Yuji | Release date & spoilers
Jujutsu Kaisen Season 2 Episode 22 set to conclude this week, fans are eager to delve into the manga spoilers to anticipate the upcoming twists and turns. Here's a comprehensive overview of what to expect in the next installment.
17.12 / 16:35
Target Platform Strategy performer social innovations information Pro Research: Wall Street digs into Meta's future prospects
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17.12 / 14:41
Target Platform Gap NVIDIA Broadcom performer innovations analyst 5 big analyst AI moves: Intel's new chips in focus, Nvidia now a 'budget AI' stock
Here are the biggest analyst moves in the area of artificial intelligence (AI) for this week.
17.12 / 14:31
Platform Remark social reports 'Modi running away from debate to protect...': Congress slams PM over remarks on Parliament security breach
Narendra Modi's first comments on the Lok Sabha security breach, Congress general secretary Jairam Ramesh Sunday accused the prime minister of running away from a debate on the incident and hinted that the Opposition's impasse with the government over the security breach will continue until home minister Amit Shah makes a statement in the Parliament. In his first reaction, PM Modi in an interview with Hindi daily ‘Dainik Jagran’ said there was a need for a probe into the incident, not a debate. The Opposition has been demanding a statement from Home Minister Amit Shah in the Parliament on the breach.

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